The herald., 1911-05-18

SpectlVe holdings and In their respective
Series.
mo transfer OF stock shall affect this
corporation unless the said transfer shall
be made in the books OF the said company at
its office in the City OF New Orleans, where
said corpOratiO shall be d0miciled, and only
on surrender OF the certificate therefor"
Article V o. the Charter OF said corpor-
alton was amended so as TO read as fol-
lows:
ARTICLE V.
1.-THE corporate powers Of this CORPORA
tion shall be vested In and represented by
a Board OF Directors composed OF six stock
holders. The following persons shall con.
stitute the first Board OF Directors: Messrs.
w. s. Penick, Jr., Jas. +. Ford. n. T. Pc
nick, c. s. Beard, NJ s. Standifer. August
Soniat, with W. s. Penick, Jr., as president,
Jas. Z. Ford as vice-president, and C. s.
Beard secretary. The officers and directors
shall hold their said offices until the first
Tuesday In January, 1912, and until their
successors shall have been duly elected and
qualified. On the said first Tuesday in
January, 1912, and every five years there
after, a Boaru OF Directors shall be elected
unless said date shall be a legal holiday.
and in that case the said election shall be
held the day following said holiday. and
notice OF said election shall be given by
ten days notice published in one of the
newspapers published in the Parish of Or.
leans. The Board of Directors shall ap-
point one or more stockholders to preside
at such election. Any failure from any
cause to hold said meeting or to elect said
board on the day named for that purpose
shall not dissolve the corporation but the
directors then In Office shall hold over unit
their successors are chosen and qualified
After such election the Board Of Director.
shall elect from their number the officers
but the above named officers as president
vice-president and secretary shall remain
In Office as above stated until the first cleo
ton fixed herein on the first Tuesday IL
| nd hat-
are elected and qualified. Any vacancies oc
curing among the officers of president vice
president or secretary shall be filled by tn,
Board OF Directors; but any vacancy in tn,
| board shall first be filled before any va
cancy among said officers shall be filled.
| I'm case any vacancy prior to the expira
tiOn Of their term shall exist or occur anon,
the hrst three directors named 1t shall b,
niled by a selection made by the owners o.
stock OF Series and In case OF any va
cancy among the last three directors named
II shall be filled by selection made BY tn,
| owners Of Series b.
AT every election and stockholders meet
| ing each stakeholder shall be entitled 10
| one vote for each share OF stock represented
| on the books Of the company in his name
votes may be cast In person or BY proxy
authorized In writing, but at each election
OF directors (by the stockholders) the next
occurring the first Tuesday in January. 1912
and every fifth year thereafter as above
provided, the holders of stock of Sries A
| snail elect and designate three directors
and the holders of stock Of Series shall
elect and designate three directors After
each election Of directors as above pro
vided, the next being the first Tuesday In
January. 1912, and quiBtenially thereafter
the board shall elect from their number the
! officers, to-wit: President, vice-president and
secretary. The president, in addition 10
his other duties, shall be general manager
and In his absence the vice-president. in adj
dillon to his other duties shall be general
manager. No bylaws OF this corpora tiou
shall be amended or repealed except by a
vote OF the stockholders owning e-fourths
| (3-4) OF the capital stock"
The foregoing amendments, and the an
thorlty or the appearers herein will more
fully appear by reference to a duly certi
| fed copy of the minutes of said stockhold
| ers' meeting, which is hereto attached and
made part hereof
Said Penick and Beard in their respective
capacities further declared. that they now
pursuant TO the direction OF said stockhold
erS meeting, request me, Notary, to receive
SAID amendments In the form OF this public
act, In order that the same may be promuI.
| gated, published and recorded and thus be-
come part OF the original charter, with
Whlch request |, Notary, do hereby comply
Thus done and passed, in my office, at the
lily OF New orleans, on the day and date
herein nrst above written, in the presence OF
o. w. Schweitzer and f. L. Szabary. com.
petent witnesses, who hereunto sign their
names with said appearers and me. Notary.
arter due reading OF the whole.
W. 3. PENlCK, JR., President.
{. :. BEARD, Secretary.
GEO. w. SCHwEITZER,
Z. L. SZABARY
ALEXIS BRIAN, Notary Public.