The herald. [volume] (New Orleans, La.) 1905-1953, 1911-05-25
THE HERALi

IL
any annual meeting, may prior to the next
annual meeting, elect one or more additional
members OF the board OF directors so as to
make the board of directors not more than
nine. The directors whether elected by the
stockholders or the board OF directors, shall
be elected by majority Of the votes at a
meeting or the stockholders, or of the direc-
Tors as the case may be.
The quorum Of the board OF directors
shail be majority OF the actual member
ship or the board.
II. Romanski. as president II. Elmer Gil
christ, as vice-president Charles ii. Patter-
son, as secretary; III. u. T.. Perkins as treas
urer: J. Zach. Spearing L. ID. Huntley, e.
{. Henson. DIR. X. A. Bailey and VIM q. de
toligny shall constitute the first board Of
directors. and they together with such addi-
tional members as may be selected by the
present board, shall hold their office until
tn" second Tuesday in May, 1914, or until
their successors are elected and qualified !;
each subsequent board shall take their seats
Immediately following their election, or az
soon thereafter as practicable. and shall
hold their Office till their successors shall
have been elected and qualified
Oh The second Tuesday in Nav in 1914
anu annually thereafter AN election for d.
rectorS by the stockholders shall be held at
the Office OF the company after thirty con.
Secutive days previous notice OF such meet
ing shall have been given hy advertisement
in two OF the daily English newspapers pub
liShed In the city OF New Orleans the first
advertisement appearing not less than thirty
days prior to the meeting, and the last ad-
vertisement appearing on the day of the
meeting.
Every board OF directors shall at It's first
meeting after such election or as soon there
after as practicable. elect a president. a
vice-preSdent. a secretary and treasurer
from their own number.
4 failure to elect directors on the date
above sDecifiPd shall not dissolve the corpO.
ration, but the then existing board OF d.
rectors shall continue to hold their offices,
aud Another election shall be held az soon
hnp ftAa sf..al -.
fixed Oy the board OF directors then in office.
whereof fifteen 90 days prior notice shall
be- given in the manner above provided
which said notices shall he full and complete
notice TO all stockholders OF such meeting
In the event no election takes place at the
second meeting, the board then in Office shall
hold over until the next annual meeting. or
unth their successors have been duly elected
and qualified.
Any vacancy occurring In said board OF
directors from n failure to select the full
number or from any other cause. shall be
1led by the remaining directors. The board
or directors may make such bylaws, rules
and regulations as they NAV think proper
for the transaction Of the business and ar
fairs or said corporation, and change. alter
and amend the same at pleasure. and shall
exercise all the powers OF this corpora ton
appoint and fix the salaries OF all officers
clerks and employees not herein mentioned
the same to change or dismiss at pleasure ::
Tx the salaries OF the officers provided here
in: sell, convey, mortgage, pledge. lease
and purchase rights, privileges, franchises
property movable, immovable and personal :;
make contracts and sign, or cause to be
signed by officers or directors, specially or
generally authorized by the board OF direc-
tors all necessary acts, deeds and so forth :;
and adopt a corporate seal, the same TO
change, alter Or-diSpense with at pleasure !:
and to do all things which NAV be necessary
10 be done In the management OF said busi.
ness and permitted by the laws applicable to
the corporation.
ARTICLE VII.
This charter may be changed, modified or
altered. or said corporation NAV be diSSOly-
ed 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 thirty 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 liquldated under the super
intendence OF three stockholders owning in
their own names not less than ten shares
each, to be chosen for that purpose by a
majority in amount OF the stockholders pres
ent or represented at a general meeting OF
the stockholders at which the election Is
held. Said commissioners shall remain In
office until the affairs OF said corporation
shall have been fully liquIdated. In case
Of the death of one OF said commissioners
to act, the survivors shall continue to act
and shall elect another stakeholder with the
same qualifications in the place and stead
OF the commissioner who shall have ce8s ed
TO act.
The president may In his discretion, and
shall, upon the written request of not less
than two hundred and fifty stockholders,
holding in the aggregate not less than
twenty-five hundred shares OF stock, call a
special meeting of the stockholders of this
corporation.
ARTICLE X.
No stakeholder shall ever be liable or re-
sponsible for the contracts or faults Of this
corporation in any further sum than the
unpaid balance due the company on the
shares owned by or subscribed for by him !;
nor shall any informallty In organization
have the effect Of rendering this charter
null and void, or Of exposing the stockhold-
ers 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 presence of
gail, Jr, competent witnesses, residing In
this city, who have hereunto signed their
names with the appearers and me, notary,
after due reading Of the whole.
Original sgnedD
III. RoMANsKI,
III. ELMER GILCHRIsT,
CHAs. III. PATTERSON,
III. z. E. PERKINS,
BYRON L. POND, And others.
ALEXANDER BUGDAHL, JR.
w. Mel. FAYssoUx, Not. Pub.
I, the undersigned, deputy recorder Of
mortgages, In and for the parish Of Orleans,
state Of Louisiana, do hereby certify that
the above and foregoing act Of Incorporation
of the Interstate Cooperative Mail Order
Company, was this day duly recorded in the
mortgage office, parish Of Orleans, In book
1918, folio =.
New Orleans, La, April 18th, 1911.
(Signed) EMILE LEONARD,
Deputy Recorder Of Mortgages.
!, the undersigned notary public, in and
for the parish OF Orleans, do hereby certify
the above and foregoing to be a true and
correct copy Of the original act Of incorpo-
ration of the Interstate Cooperative Mail
Order Company, and Of the certificate Of the
recorder Of mortgages for this parish there
unto appended and OF record in my office.
In faith whereof, have hereunto set my
hand and official seal on this 18th day Of
April, 1911.
(Signed) W. Mel. FAYssoU1.
Notary Public.
apl 2O-27 my 4-11-1s-25-1911