The herald. [volume] (New Orleans, La.) 1905-1953, 1911-10-12
ARTICLE V.


ARTICLE V.
"Ar the corporate powers Of said corpor-
alton shall he vested in and exercised by a
Board Of Directors to be composed OF five
90 persons, to be elected annually on the
first Monday in January In each year.
cept the first Board OF Directors as consti-
tuted by Article IX Of this charter as here
matter changed and modified
The Board OF Directors named In Article
N OF this charter as modified and changed
shall hold their offices until the first Mon
day in January, 1913. There shall always
he two members OF the board representing
the preferred stockholders and three mem
bers Of the board representing tho COMMON
stockholders
"All such elections shall he held nv bal
lot and conducted at the office of said cor
pOratiOn. under the supervision OF three (3)
commissioners, TO be appointed by the Board
OF Directors.
Notice OF such election shall he given
| by the secretary OF the company by publ
! cation for not less than ten GOl days prior
thereto in newspaper published In the
| Parish Of Orleans. State OF Louisiana
AT all such elections and at all corpor-
ate meetings, every stakeholder shall be en-
| titled 10 one vote for each share OF stock
standing in his name on the books Of the
company. to be cast In person or by his
written proxy, and majority Of the votes
ANY vacancy among the directors by
| DEATH resignation or otherwise shall he
| 0leQ DIV election Tor the remainder OF the
! term bv the remaining directors.
"A failure TO elect directors on the date
| above specified shall not dissolve the cor
poration, nor Impair its corporate manage
| ment but the directors then in office shall
| remain in Office until their successors are
| elected and qualified.
THE Board of Directors shall elect from
| their own number a President. Vice Presi-
| dent and a SeCretary-TreaS urer The Board
| shall have power TO divide the Offices OF
| secretary and treasurer. in which case the
| treasurer NAV or may not be a member OF
| the board. They NAV. from time to time
| name and appoint all such officers and
| agents as IL may deem necessary for the
purposes and business of the corporation
| They shall have power TO fix and define the
| duties OF every officer and emplOye. and all
officers and employees shall hold office and
| employment at the pleasure of the board.
| The board may make and establish, as well
| as alter and amend, any and all bylaws,
| rules and regulations necessary and proper
| in its Judgment for the conduct, support and
| management of the business and affairs Of
said corporation.
| THE board shall have full power and
| authority TO borrow money, to execute mort
/ cages and to create liens TO issue bonds.
| notes and other obligations, and generally
to do all things reasonable, convenient and
| necessary for the proper carrying on of the
| business of the corporation.
| The board may issue full paid shares Of
| preferred stock for cash only at par: and
| may issue two hundred and ten (210) shares
1
| present outstanding two hundred and ten
| (21O) shares of the common stock of this
| company the balance of ninety 900 shares
OF the common stock can be issued for cash
only at par.
| Every member Of the Board of Directors
in case OF his absence from the domicile of
right to naem and appoint in writing. a
| proxy to represent him to sit and vote In
| his place and name at all meetings of the
| Board of Directors which may take place
1 hYNr a1-nn h. nfrA No
| company"
| ARTICLE IN.
| Emil Rubenstein. BENJAMIN II. Connart.
| have been chosen and elected as the first
| Board Of Directors of said corporation to
serve as such until the first Monday In
| January, 1913, and until their successors
have been elected and qualified. The said
| Benjamin III. Connart is hereby named Presi-
| dent, and said Emil Rubenstein Secretary
Jr, vice,President. All checks shall be
signed by. the President and Secretary
| Treasurer"
And the said appearers further declared
unto me. Notary, that the original charter
| Of the New Orleans Chair Company was
created by an act of corporation passed be-
fore the undersigned Notary on the 22nd of
May; 1906, and Is recorded in the office Of
the Recorder Of Mortgages for the Parish of
Orleans. in Book $40, folio 80. and is re-
corded in the office of the Secretary OF
| state at Baton Rouge, La, in Book Record
| Of Charters" No. A.
Thus done and passed in my Office in the
city of New Orleans. on the day, month and
year first above written, i'm the presence OF
| Messrs. Al. c. Hammer and S. f. Galiber
competent witnesses, who have hereuntO
signed their names. together with said ap.
of tSe whole a%& me- due reading
Witnesses.
(Original Signed.)
AL c. HAMMER
$. +. CALDER
b. Fl. CONNART, President
f. RUBENSTEIN. Sec'y Treas
ABRAHAM GOLDBERG.
Notary Public.
| I. the undersigned Recorder of Mortga ges
in and for the Parish of Orleans State o.
Louisiana. do hereby certify that the abov,
and foregoing Amendments to Act of Incor
poration Of the New Orleans Chair Com
pany was this day duly recorded in my of
flee. In Book 1851. folio
New Orleans. October 2. 1911.
(SignedD EMILE LEONARD. d. r.
: I. the undersigned Notary Public. d,
hereby certify the above and foregoing is
true and correct copy of the origina
Amendments to the Act of Incorporation o
New Orleans Chair Company on file am
on record In my Office, together with tn,
certificate from the Deputy Recorder o
Mortgages thereto attached
Witness nv hand and seal this 3rd da,
Of October, 1911.
ABRAHAM GOLDBERG.
I'll Notary Public.
Oct 5, 10. 10, 90, Nov. and o, 1911.