The herald. [volume] (New Orleans, La.) 1905-1953, 1911-04-06

stock holder, at the discretion Of the mem
bers of the board.
All the said officers and directors shall
hold their respective Of1ces for period or
one % year from the date OF their cleo
ton, or until their successors are duly
elected
The term OF the first Board OF Directors
and officers herein named shall expire on
the first Tuesday Of April, 1911, or until
their successors are duly elected as herein
provided for. But the failure to hold an
annual election, or to elect the officers az
above provided for, shall not result in the
dissolution OF this corporation but the then
Board of Directors and officers shall hold
their respective Offices until their successors
are duly elected.
Any vacancies occurring on said Board
OF Directors shall be filed by the remaining
members Of said board for the unexpired
term. at meeting called Tor that purpose
after ten days prior notice in writing sent
by mail TO the said directors at their last
known address, and IL the said board fails
to elect at said meeting, then the election
NAV be made by the stockholders at spe-
ciai meeting called for that purpose in the
mannr herein provided for the election OF
directors.
The said Board Of Directors shall have
the power TO make all bylaws, rules and
regulations for the proper management and
conduct Of the affairs of this corporation,
and to change, alter. amend or abolish the
same at pleasure, and shall have and ex-
ercise all the powers conferred by law ON
this corporation and as set forth In this
charter.
The said Board OF Directors may also
delegate any OF said powers in the trans
action Of the business Of this corporation TO
committee Of their own body, or to the Off
GERS and agents OF this corporation.
All the employees OF this corporation,
except the ONCE OF President and Vice-Pres-
ident, shall be considered as employed by
the month, unless specially contracted with
in writing.
The first Board Of Directors Of this cor
poration is hereby declared to be Walter
b. Chilean, Latta NJ. Aubrey, Edwin A. NC
Koy, ]. Lewis Thompson, Alex. Thompson,
Hoxie Thompson, with said W. Il. Chilean
as President the said L. NJ. Aubrey as Vice
| President and Z. A. Devlin, as Secretary
Treasurer who shall hold their respective
Offices until their successors are duly elected
and provided for.
II shall be the duty OF the President of
this corporation, or in the event or his ina
bility to act, then the Vice-Presldent, 10
| call a special meeting Of the Board or Dl-
rectors Of the stockholders, on a written re-
quest TO that effect signed by two or more
directors, or upon a written request OF ten
per cent Of the stock issued.
ARTICLE VI.
| This corporation may be dissolved by
vote OF three fOurths (A) OF the capital
stock thereof at a general meeting convened
| for that purpose in the manner as above
provided, for the calling OF the meetings
lheld annually for the election OF the Board
of Directors, except that in that event a
notice in writing shall be sent TO each
Istockholder thirty days prior to said meet
ing at his last known address. whenever
This corporation is dissolved, either by lin
Iitation or otherwise, its affairs shall be IL
Iauidated by three liquidating commissioners
| TO be elected al such general meeting, and
in the case Of death, resignation or inability
Ito act OF any Of the said commissioners, the
surviving commissioner or commissioners
shall appoint a successor and together they
shall continue the liquidation to its ter
''D" w ARTICLE VII.
This charter NAV be changed or amended
and the capital stock may be Increased OF
diminished by vote OF two-thirds C2-3) OF
the CAPITAL stock, issued al general meet
ing called for that purpose after thirty l3Ol
tdays prior notice In writing having DeeI
sent to each stakeholder at his last known
'oO ARTICLE VIII.
No stakeholder shall ever be held liable
or responsible for the contracts or faults OF
this corporation or in any further sum thar
the unpaid balance due the company on th'
shares OF stock owned by him, nor shail any
lmere informally in the organization hereOl
lhaye the effect OF rendering this charter
null. or of exposing any stockhOlder TO any
liability beyond such unpaid balance ina
may be due on his stock.
Thus done and passed. in my office, In th'
CITY of New Orleans, Louisiana, on the day
month and year first above mentl9neo'
the presence Of Pierre A Lelong, Jr, ant
Lawrence VI. Janin, competent male WI
nesses. here residing, who hereunto slgI
their names together with the said appear
Iers and me, Notary, after due reading o.
the whole.