The herald., 1911-12-21
AMENDMENT TO
CHARTER
OF TIE SOUTHWESTERN TRACTION &
POWER COMPANY.
TINTED STATES OF AMERICA, STATE
OF LOUISIANA, PARISH OF OR
LEANS, CITY OF NEW ORLEANS.

Be- Il known, that on this. the twenty
third day Of the month Of November. in the
year Of our Lord. one thousand nine hun
dred and eleven. and of the independence OF
the United States of America. the one hun
dred and thirty-sixth. before me, Alexis
Brian. a notary public. duly commissioned
and qualified within and for the parish OF
Orleans. state Of Louisiana, and in presence
OF the witnesses hereinafter named and I'M
designed. personally came and appea red
Mr.. F. ". Crosby and Mr.. r. f. L. c. Ries,
residents Of the city Of New Orleans. of full
age, herein appearing and acting in their
capacities as president and secretary-treas-
urer respectively of the SOUTHWESTERN
TRACTION AND POWER COMPANY. a
louisiana corporation. dOmiciled in the city
OF New Orleans, organized originally by act
before J. Marshal Quintero. notary public,
On the l4th day of July, 1910. and pursuant
10 resolution passed at a stockholders
meeting hereinafter mentioned. certified cop
hs or the minutes of which meeting are
hereto annexed as part hereof:
!, Who declared that at general meeting of
we stockholders of said corporal ton. held on
me End day Of November, 1911, which had
eeen convened for the especial purpose, In
secordanee with law, the following amend
nent to the charter Of said corporation was
sacpted by three-fourths majority vote OF
me holders OF all the stock Of said corpora
uon present or represented at said meeting,
Article Y Of said charter was amended
as to read as follows, viz:
ARTICLE V.
All Of the corporate powers Of this cor
p,stlon shall be vested In and exercised by
ooard Of eight directors. OF whom five
Wal DC quorum. Until the first Monday
a July. 1912, the following persons shall
wasutnte the board OF directors r. w.
s . as president. Lawrence Blum as vice
PRESIDENT, X. E. L. c. Ries as secretary
uusssarer: A. @. Barrow, Jules Dreyfus, Alex
n lyman, Leon NJ. Wolf and Irving r. Saal.
IN the first Monday in July, 1912, and an
s snssy thereafter. the board Of directors
asn % elected BY the holders of the COM
~. az sock or this corporation by ballot at
~ sse emce OF said corporation, and each share
~ y. COMMON stock shall entitle its owner to
sae vote, which may be cast IN person or
PROXY. Said elections shall be conducted
a. .aree t3) commissioners who shall be
W ~ OF common stock, TO be appointed by
NJ. ooard OF directors. Notice of said cleo
s ~ slail be given to all holders of common
49, ~ oy the secretary by publication In a
n.s'spsper published In the city of New
vrlesns, for not less than ten DAYS and not
t nSse .nan fourteen days prior TO said cleo
a ~; ana by written notice mailed to each
,,,um. NO such stock shall be voted by
~ 49, unless 1t stands In his name upon
ats ohs OF THIS corporation.
p.s ~ any vacancy occurs In said board by
r.,ps.,o OF death. resignation, the sale OF
Ssn,!yng stock or other causes. the re-
IA h aag directors shall elect from among
m sr,lurs OF common stock a successor to
~ -. sach vacancy.
"a "a me event OF a failure to hold the
M annual election of directors on the day
o1s.s nereln, the directors in office shall hold
49, T until their successors are elected, and
Ma, nave accepted said offices, and the sec
49, snail call another election at as
Il. -. GATE as Is practicable, after giving
mt - esald notice by publication and by
Z ecnsS Scove provided. which election shall
~ ~ and qualified as herein provided
,ne annual election.
B any aa election Of directors which may not
k,rn pieted on the day on which 1t Is
eo,rni.msy be adjourned to another day and
jurrss,e on the day to which II Is adj
a. ~; ana there NAV be several success
a esc,s3urnments II they be necessary to
,oIn me said board OF directors NAV ap-
1psa.. rom time to time, such officers,
Nv clerks or other employees as they
Dufooesseem Necessary for tie business and
az o ~, nave the power TO elect or appoint
at 0a sN of said corporation. or any
NJ n agent or employee for a fixed term,
~ AZ snail hold ohce only at the pleas
sae board, provided that a contract
kurS - ssAsd period may he made by the
Hprth ~ directors with the consent Of the
~ bo,suers The board of directors shall
NJ me se null power and authority to bor-
"a ~ execute mortgages. etc, author
M. me stockholders. issue notes or other
n in,ons or Indebtedness. payable principal
MIS- eres. In lawful money Of the United
uaersrvur In United State gold coin, and
IN Fly 20 all things reasonable and neces-
~ ivr the proper carrying on of the busf-
~ S,,tne corporation, and also 10 issue
m 'er FULLY paid shares Of stock and
- NJ otner obligations Of said corpora
hru% payment OF labor done or for money
eteirsSu or Tor property or rights actually
wv oy said corporation"