The herald., 1911-11-02

NJ flNlltuu Sldli w uPtldIFu DN any
stock that Is not actually subscribed for
and paid for.
THE corporation shall become a going
concern and he authorized 10 do business
as soon as Twenty thousand dollars CO.,
600 OOD OF its stock shall have been sub
scribed and paid for"
ARTICLE V.
"All the corporate powers OF said corpor-
alton shall be vested in and exercised by a
| Board OF Directors to he composed Of five
90 persons. to be elected annually on the
first Monday in January In each year, ex-
cept the first Board Of Directors as consti-
tuted by Article IN OF this charter as here
| matter changed and modified.
The Board OF Directors named in Article
1 IN 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 the common
| stockholders.
| "All such elections shall he held hv bal
| lot and conducted at the office of said cor
! pOration. under the supervision Of three 81
commissioners, TO be appointed by the Board
| OF Directors.
| Notice OF such election shall he given
| by the secretary OF the company bv publ
| cation for not less than ten 1Ol 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 TO one vote for each share OF stock
| standing in his name on the books of the
| company. 10 be cast In person or by his
| written proxy, and a majority of the votes
| cast shall elect.
ANY vacancy among the directors by
| death, resignation or otherwise shall he
! filed by election for the remainder Of the
term nv the remaining directors.
| "A failure TO elect directors on the date
above. specified shall not dissolve the cor
pOration. nor impair it's 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 Secretary Treasurer 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,
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
OF the common stock in exchange for the
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.
in case OF his absence from the domicile OF
the company, at any time shall have the
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
during his absence from the dOmicile OF the
company"
ARTICLE TX.
Emil Rubenstein, BENJAMIN H. 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.
Treasurer. and the said George A. Ditton
Jr., Vice-President. All checks shall be
signed by. the President and Secretary
And the said appearers further declared
unto me. Notary. that the original charter
OF the New Orleans, Chair Company wa:
created by an act OF corporation passed be
fore the undersigned Notary on the 22nd OF
May. 1906. and is recorded in the ONCE o.
the Recorder of Mortgages for the Parish o.
Orleans in Book $40. folio 50. and is re
corded in the Office Of the Secretary o.
State at Baton Rouge La, in Book "Recor,
| OF Charters" No. 40
Thus done and passed in nv Office in tn
city OF New Orleans. on the day, month an,
year first above written, in the presence o
Messrs. Al. G. Hammer and s. r. Galiber
competent witnesses. who have hereunt,
signed their names. together with said an
pearers and me. Notary,after due readin,
| Witnesses.
(Original Signed)
AL c. HAMMER
: s. F.. CALDER
r. Fl. CONNART. President
E. RUBENSTEIN. Sec'y Treas.
ABRAHAM GOLDBERG.
: Notary Public.
. ]. the undersigned Recorder of Mortga ge.
IN and for the Parish Of Orleans. State @
and foregoing Amendments to Act of Inco-
poration OF the New Orleans Chair Cor
pany was this day duly recorded in my o.
:, nee. in Book 1851. folio
I New Orleans. October q 1911.
:, (Signed) EMILE LEONARD n p
q l.. the undersigned Notary Public. d
hereby certify the above and foregoing Is
- true and correct copy Of the origin,
Amendments to the Act Of Incorporation {
q New Orleans Chair COMPANY" on file an
. on record In my Office together with III
a certihcate from the Deputy Recorder {
Mortgages thereto attached
n Witness nv hand and seal this 3rd da
= OF October, 1911.
T. ABRAHAM GOLDBERG.
n Notary Public
d