The herald. [volume] (New Orleans, La.) 1905-1953, 1911-03-30

Said directors shall be elected annually
from the stockholders, on the first Tuesday
of April Of each year, after due notice OF
said meeting shall have been given to each
stakeholder, sent by mail TO his last known
address, ten days prior to the holding OF
said election, which said notice or any other
notice required by this charter, may he
waived in writing
At said election. and all other meetings
of the stockholders, the vote shall be 10y
ballot. and each share of stock shall be
entitled to one vote, to be cast by the owner
in person or by written proxy. The ma
jorty Of stock, voted at any stockholders
meeting shall decide all questions voted
upon except as otherwise provided.
Within one week from their election, a,
above provided for, the Board Of Directors
shall elect from among their members. a
President and a NicePresident; they shall
also elect a Secretary Treasurer, who may,
or may not be a member Of the board, or a
stockholder, at the discretion Of the mem
berS of the board.
All the said officers and directors shall
hold their respective Offices for a period OF
one % year from the date Of their cleo
tion. or until their successors are duly
elected.
The term Of the first Board of Director,
and officers herein named shall expire on
the first Tuesday Of April 1911, or until
their successors are duly elected as herein
provided for. But the failure TO hold an
annual election, or to elect the officers as
dissolution Of this corporation, but the then
Board Of Directors and officers shall hold
their respective Offices until their successor.
are duly elected.
ANY vacancies occurring on said Board
Iof Directors shall be filled 10y the rema lining
members Of said board for the unexpired
term, at a meeting called for that purpose
after ten days prior notice In writing sent
by mail to the said directors at their last
known address, and II the said board fails
to elect at said meeting, then the election
NAV be made by the stockholders at a spe-
cial meeting called for that purpose in the
mannr herein provided for the election OF
directors.
The said Board of Directors shall have
the power to make all bylaws, rules and
reguia ions for the proper management and
conduct of the affairs of this corporation
and to change, alter, amend or abolish the
same at pleasure, and shall have and ex-
ercise all the powers conferred by law on
this corporation and as set forth in thi,
charter.
The said Board OF Directors may also
delegate any of said powers in the trans
action Of the business of this corporation 10
committee Of their own body, or to the Off
GERS and agents Of this corporation.
All the employees of this corporation,
except the ONCE of President and Nice-Ires-
ident, shall be considered as employed by
the month, unless specially contracted with
In writing.
The first Board Of Directors of this cor
poratiOn is hereby declared TO be: Walter
il. Chilean, Latta NJ. Aubrey, Edwin A. Nc
Koy. ]. Lewis Thompson. Alex. Thompson,
HOxie Thompson, with said ". Il. Chilean
as President the said L. NJ Aubrey as Vice
President, and L. \. Devlin, as Secretary
Treasurer, who shall hold their respective
offices until their successors are duly elected
and provided for.
Ii shall be the duty of the President OF
this corporation. or in the event of his ina
bility to act. then the Vice-President. to
call a special meeting of the Board Of Di-
rectors OF the stockholders, on a written re
quest to that effect. signed by two or more
directors, or upon written request OF ten
per cent Of the stock issued.