The herald. [volume] (New Orleans, La.) 1905-1953, 1911-12-28
AMENDMENT TO
CHARTER
or THE SOUTHWESTERN TRACTION &
POWER COMPANY.
UNITED STATES OF AMERICA, STATE
OF LOUISIANA, PARISH OF OR
LEANS. CITY OF NEW ORLEANS.

Be II known. that on this. the twenty
third day of the month of November, in the
year Of our Lord, one thousand nine hun
bred and eleven, and Of the independence or
the United States of America, the one nun
dred and thirty-sixth. before me, Alexis
Brian. a notary public, duly commissioned
and qualified within and fors the parish OF
Orleans state Of Louisiana. and In presence
Of the witnesses hereinafter named and I'M
designed, personally came and appeared,
Mr. F. W. 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 ]. Marshal Quintero, notary public,
on the 14th day Of July. 1910, and pursuant
TO resolution passed at stockholders
meeting hereinafter mentioned, certified cop
les Of the minutes of which meeting are
hereto annexed as part hereof;
Who declared that at general meeting or
the stockholders of said corporation. held on
the 22nd day Of November, 1911 which had
been convened for the especial purpose, In
accordance with law, the following amend
ment to the charter Of said corporation was
adopted by a three-fourths majority vote OF
the holders Of all the stock of said corpora
uon present or represented at said meeting,
te-wit
20 as 70 read as follows, viz:
ARTICLE V.
"All Of the corporate powers Of this cor
poration shall be vested In and exercised by
board of eight directors. Of whom fve
shall be a quorum. Until the first Monday
IN July, 1912, the following persons snail
constitute the board Of directors: +. w.
Crosby as president, Lawrence Blum as vice
dant L W
treasurer, A. G. Barrow, Jules Dreyfus, Alex
Lyman, Leon VI. Wolf and Irving r. Saal.
on the first Monday In July, 1872, ana an
naally thereafter. the board OF directors
shall be elected by the holders Of the com
non stock Of this corporation by ballot at
we ONCE Of said corporation. and each share
Of common stock shall entitle Its owner TO
yne vote, which may be cast In person or
! ~ proxy. Said elections shall be conducted
y three (3) commissioners who shall be
vwners OF common stock, to be appointed Dy
ne board Of directors. Notice OF said cleo
non shall be given to all holders of common
s,ock hy the secretary by publication N a
nnewspaper published In the city or New
ofieans, for not less than ten days and not
NOT. more than fourteen days prior to said cleo
iicn; and BY written notice mailed to each
y them. No such stock shall be voted by
snycne unless 1t stands in his name upon
me e, books of this corporation.
II any vacancy occurs In said board by
sualifying stock or other causes, the re-
tanning directors shall elect from among
az an holders OF common stock successor TO
MI such vacancy.
In the event Of a failure to hold the
sad annual election Of directors on the day
a1ed herein, the directors in office shall hold
y ste until their successors are elected, and
WAL have accepted said offices and the sec
nnry shall call another election at as
@ny date as Is practicable, after giving
nan as above provided, which election shall
conducted by three (3) commissioners
sppomted and qualified as herein provided
VT me annual election.
!, ANY election of directors which may not
completed on the day on which IL Is
gun may be adjourned 70 another day and
SImpleted on the day to which It Is ad-
Sarned. and there may he several success
I've ad1ournments II they be necessary to
IN election
The said board OF directors NAV ap-
UNI from time to time, such officers,
ssnts. clerks or other employees as they
-ay deem necessary for the business ana
rnsRoses OF said corporation. The board
s sash MOI have the power to elect or appoint
~ oincers Of said corporation, or any
Isx agent or employee for a fixed term,
NJ =. they shall hold office only at the pleas
4. oi me board. provided that contract
nxed period may he made Dy tne
III. 10 OF directors with the consent OF the
~ .,sexnolders. The board of directors shall
nave full power and authority to Dor
4. money, execute mortgages, etc, author
"a, oy the stockholders. issue notes or other
ss~,gstions Of Indebtedness, payable principal
~ interest In lawful money Of the United
@stes or in United State gold coin, and
aefaily do all things reasonable and neces-
~ Tor the proper carrying on Of the busi-
~ or the corporation. and also to issue
deliver fully paid shares Of stock and
bos or other obligations Of said corpora
/ vrn ne lab
iowed. or for property or rights actually
tsceised by said corporation"