The herald. [volume] (New Orleans, La.) 1905-1953, 1911-10-05
THE herald

power to do so.
All transfers Of stock shall be made on
the books Of the corporation ana shali De
signed by the stakeholder or by his attor'
At all elections by. or meetings OF, the
stockholders. each share of stock shall he
entitled to one vote, TO be cast either by
the person in whose name the stock appears
on the books of this corporation at the time
of the voting, or by his agent or proxy, duly
AUTHORIZED in writing 10 that effect
Onlf stock which has been paid in full in
cash or otherwise shall be permitted to
vote at meeting OF the stockholders.
The company shall begin operation as
soon as one hundred and twenty shares OF
the capital stock are subscribed Tor or dlS'
posed of.
Dividends shall be declared on the amount
actually credited on the capital stock with.
out regard TO the amount subscribed for.
ARTICLE VI
The business and affairs and corporate
powers of this corporation shall be trans.
acted hy a board of directors composed OF
three directors. to be composed of stock
holders thereof. and they and each OF them
shall he elected by a majority OF all the
votes east at a meeting TO be held Tor that
purpose.
4 majority of said board Of directors shall
constitute a quorum for the transaction ana
management OF all business of said corpo-
ration.
As soon aller the execution ~ tul~
ter as practicable. the subscribers hereto
shall hold a meeting and select mos 10
compose the first board of directors OF lHiSS
corporation and they shall hold Once unlII
the first Monday in September. l?I- Tr uii
ill their successors are elected and quallhed :
each subsequent board shall take thelr seats
on the first Monday in September follow
ing their election or as soon thereafter a.
practicable, and shall hold thelr vllCc UNI
their Successors shall have been elected ana
qualified ~ ,o,o -,
on the third Monday in August 1917, and
annually thereafter an election Tor directors
nv the stockholders shaII De heiu AT me oI
flee of the company. after ten days printed
or written notice shall have been mailed 10
each stockholder or subscriber 10 stock ar
their respective addresses appearing on the
rectorS shall at its first meeting after IFS
eIectio or as soon thereafter as practical
bic. elect a president. a vice-president and a
secretary from their own number.
4 failure TO elect directors on the date
above specified shall not dissolve the cOrpo-
ration hut the then existing board of direc-
tors shall continue TO hold their offices. and
another election shall be held as soon there
after ms practicable at time TO be fixed by
the board of directors then in office, where
of ten DAYS prior notice shall he given in
the manner above provided. which said no
tees shall he full and complete notice 10
all stockholders of such meetings
In the event no election takes place at
the second meeting. the board then in office
shall hold over until the next annual meet
Ing or until their successors are duly elect,
ed and qualified.
ANY vacancy ocucrrng in said board Of
directors from any cause, shall be filled by
the remaining directors
The board of directors may make such by
laws rules and regulations as they may
think proper for the transaction of the bus
mess and affairs of said corporation, and
change. alter and amend the same at pleas.
ure, and shall exercise all the powers OF
this corporation or may delegate the same
to one or more officers at its pleasure; APP
point and fix the salaries of all officers,
clerks and employees not herein mentioned,
the same to change or dismiss at pleasure
fix the salaries Of the Officers provided for
herein sell convey, mortgage. pledge. lease
and purchase rights. privileges, franchises,
property movable, immovable and personal.
borrow money, issue notes and bonds make
contracts and sign or cause TO I've signed by
officers or directors specially or generally
authorized by the board of directors all ne
cessary acts. deeds, etc, and adopt a cor
pOrate seal. the same TO change or alter or
dispense with at pleasure: and to do all
things which may be necessary to be done
in the management of said business and
permitted bv the laws applicable TO corpora
tiOns.
ARTICLE VII.
This charter may he changed. modified or
altered or said corporation may be dis
solved with the assent of three fOurths of
the amount of stock present or represented
at any general meeting of said corporation.
convened for such purpose. after ten days
previous notice shall have been given in the
manner provided in Article VI of this char
ter
ARTICLE VIII.
Whenever this corporation Is dissolved.
either by limitation or from other cause its
affairs shall be liguidated under the superb
intendence of three stockholders to he chosen
IN l.v- lott. u, %
the stockholders present or represented at
a general meeting Of the stockholders at
when the election is held. Said commits
siOners shall remain in office until the az
fairs OF said corporation shall have been
fully liquidated. In case of the death OF
one Of said commissioners or of the refusal
or inability of one of them to act the sur
vlVors shall continue to act and shall select
another stakeholder In the place and stead
of the commissioner who shall have ceased
TO act.
ARTICLE IN.
The President may, in his discretion. and
snail upon the written request of three
stockholders call a special meeting Of the
STOCKHOLDERS OF this corporation.
ARTICLE y.
No stakeholder shall ever be liable or
responsible for the contracts or faults of
tHiS SOfpoIdllOu III any luTtneT sum Inan
the unpaid balance due to the Company on
the shares owned by or subscribed for by
him, nor shall any informality in organiza-
tiOn have the effect Of rendering this Char
ter null or void. or of EXPOSING the stock
holders to any liability.
Thus done and passed at my Office In
the city of New Orleans, on the day. month
and year first above written, in the pres
ence of Messrs. Walter T. Bohne and Byron
l.. Pond, competent witnesses, residing in
this city who have hereuntO signed their
names with the appearers and me, notary,
after due reading of the whole
Names of signers omitted.
J. ZACH SPEARING.
Notary Public.
I, the undersigned. Deputy Recorder of
Mortgages in and for the parish of Or
leans, State of Louisiana, do hereby certify
that the above and foregoing act of incor-
pOration of Beck Bros. was this day duly
recorded In the Mortgage office, Parish of
Orleans, La, Sept. 30. 1Sii. we"
EMILE LEONARD,
Deputy Recorder of Mortgages
l, the undersigned, Notary Public, in and
for the Parish of Orleans do hereby certify
that the above and foregoing is a true and
poratiOn of Beck Bros, and Of the certif-
cate OF the Recorder of Mortgages for this
parish, thereunto appended and of record
in my Office.
In faith whereof, have hereunto set nv
hand and official seal on this, the thirtieth
day OF September.
]. ZACH SPEARING.
Notary Public.