The herald. [volume] (New Orleans, La.) 1905-1953, 1911-06-08
JOHN p. VEzlEN, Pres
Carstens & Vezien Co., Ltd.
Ship Chambers and GroCers
Special Attention to Railroad Orders Prompt Delivery
T4s1s MORGAN STREET. PHONE, ALGIeRs z1i.
Hay Corn. Dat. Groceries. LIqu,rs

said notices shall Doc full and complete no.
/ tice 10 all stockholders = such meetings.
/ In the event no election takes place NJ
| the second meeting the board then in Office
shall hold over until the next annual meet.
. Ing or until their successors are luIy elected
and gua'iu,i
\ majority Of said Board Of Directors
/ shall constitute" a quorum for ~" trausac-
lion ana management, ~ all business Of
( said corporation.
4 any director may a. any time give his
i proxy or power ~ attorney in writing 80
any other stakeholder. OF any other member
of the Board % Directors, 10 represent him
/ At any or an meetings Of the Board OF III
rectnrs. and I'm such cases the proxy, whsth-
| "r held by another stakeholder or another
director. shall in every respect count for all
purposes as II said director were personally
present.
j Any vacancy occurring IL said Board ~
Directors. from any cIUSt shall Ne L..sd ~
the remaining directors
Tn" Board 81 Directors may make such
10y laws, rules md regulations as they may
think proper for the transaction u The
business and affairs OF said corporation,
and change, alter and amend the same az
pleasure and shall exercise all the powers
~ this corporation or may delegate tho
same q one ur more officers az its pleasure,
J appoint and fl the salaries ~ all officers,
. clerks and employees. not herein mentioned,
the same to change or dismiss AZ pleasure
r fix the salaries - the officers provided for
. herein sell. convey mortgage pledge, lease
ana purchase rights, privileges, franchises,
property movable imnInyable and personal:
borrow mop"V. issue notes and ponds make
, COstractS and sign or cause to be- signed ~
IN rerS or directors specially or geserally
4 authorized 10y the Board Of Directors all
r necessary acts. deeds, etc, and adopt a cor
porate seal. the same 20 change or alter or
D dispense with at pleasure; asd 10 10 all
things which NAV he necessary TO I've done
in the management II said business and
. permitted by the laws applicable TO corpoT-
atoms.
ARTICLE VII
r No stakeholder shall he allowed to dis
pose. directly or Indirectly. in whole or in
{, part, OF the shares OF stock held or owned
|. by him without first giving written notice
10 the secretary OF this corporation OF the
, intention of such stakeholder 10 dispose
/. OF his shares OF stock in whole or in part.
|, which notice shall state the number OF
shares proposed to be sold and the price
= at which such stakeholder proposes to sell,
Z and whether or not he has received bona
J, hde offer FOR any portion Of the shares Of
stock proposed to be sold. II such bona
/ tidc offer has been made the notice shall
' state the highest price offered for said stock
e and the name Of the person Offering the
v same. II the Offer be in writing, 1t must
' accompany the notice.
i The secretary shall thercupon transmit
' TO cach stakeholder a copy Of such notice.
certified by him 10 be correct. During the
fifteen days subsequent to the said notice
. by the said stakeholder to the secretary, the
=, other stockholders Of this corporation shall
= have the privilege and option OF purchasing
' the shares or stock proposed TO be sold at
o the price named In such notice, or at the
d highest price offered by any bona tide pur-
4 chaser. H. however, the prices above men
Q toned exceed the value Of such stock as
r shown 10y the books Of this corporation at
. the end OF the fiscal year Immediately pre-
: ceding the notice, theC and in that event
Q the stockholders shall have the privilege
l. and option OF purchasing the shares OF
q stock proposed to be sold at their book
value herein stated. Should more than
e one stakeholder desire to purchase said stock
/ at such price, the shares OF stock proposed
: TO be sold shall be propOrtionately divided
= among such stockholders desire to pur-
d chase the same and give notice to the sec
II rotary TO that effect prior TO the expiration
n OF fifteen days above provided for. II none
II Of the stockholders elect to purchase the
d said stock within the time above provided.
' the stakeholder proposing to sell shall have
' the privilege and is authorized to sell the
;, stock about which he has given notice. in
. accordance with the terms and conditions
OF the notice given by him, and not other
wise
J. The officers OF this corporation are hereby
/ prohibited from issuing certificates for stock
, sold contrary to or in conflict with the pro
S visions of this charter.
il ARTICLE VIII.
/. This charter may be changed modified
:, or altered, or said corporation may be dis
solved with the assent of three -fOurths OF
8 the amount OF stock present or represented
= at any general meeting OF said corporation
convened for such purpose, after ten DAYS
= previous notice shall have been given in
= the manner provided in Article vi Of this
Q charter.
o But any and all meetings Of stockholders,
. whether for purposes OF liquidation or foT
any other purpose, may be held at any
time without notice by unanimous consent
. OF all stockholders in writing, filed with the
= secretary.
ARTICLE TX.
r Whenever this corporation Is dissolved.
0 either by limitation or from other cause
Its affairs shall be lqudated under the SUI
IA p N ZION a nf fH~g nFa ,.11l
= chosen for that purpose by a majority in
=. amount OF the stockholders present or rep
resented at general meeting OF the stock
$ holders, at which the election is held. Said
( commissioners shall remain in office until
the affairs OF said corporation shall have
I been fully liquidated. In case OF the death
J. or one or said commissioners or OF the re-
fusal or inability OF one OF them TO act
. the survivors shall continue 10 act and
, shall select another stakeholder in the place
and stead OF the commissioner who shall
r have ceased to act.
! ARTICLE K
e The president may, in his discretion. and
shall, upon the written request OF two
! stockholders, call a special meeting Of the
4 stockholders OF this corporation.
' ARTICLE XII
. No stakeholder shall ever be liable or re-
J. spOnsible for the contracts or faults Of this
q corporation In any further sum than the
unpaid balance due TO the company on the
shares owned by or subscribed for by him;
e nor shall any informality in organization
+ have the effect Of rendering this charter
e null and void or Of exposing the stock
' holders to any liability.
a Thus done and passed at my orice in tbs
2 City OF New Orleans, on the day. month,
and year first above written in the presence
: OF Messrs. Byron L. Pond and Alexander
o Bugdahl, Jr., competent witnesses, residing
o In this city who have hereunto signed
I their names with the appearers and me,
e Notary after due reading OF the whole.
r (Original sigend)
/ Signatures OF SUBSCRIBERS.
e Witnesses Byron l.. Pond, A Bugdahl, Jr.
: FRED. DEIBEL, Not. Pub.
I, the undersigned Deputy Recorder Of
q Mortga ges. In and for the Parish Of Orleans.