The herald., 1911-05-25

spective 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 corporation shall he domiciled and only
on surrender OF the certificate therefor"
Article Of the Charter Of said corpor-
alton was amended so as to read as fol-
lows:
ARTICLE V.
"The corporate powers OF this corpora
tlon 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. 5. Penick. Jr;, Jas. Z. Ford. n. T. Pc
SOniat. with W. s. Penlck. Jr., as president,
Jas. L. Ford as yice-president, and c. s.
Beard secretary. The officers and directors
shall hold their said Offices until the first
successors shall have been duly elected and
qualified. On the said first Tuesday in
January, 1912, and every five years there
after, Boar of Directors shall be elected
unless said date shall be 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 an
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
shalI not dissolve the corporation but the
directors then in Office shall hold over until
their successors are chosen and qualified
After such election the Board of Directors
snail elect from their number the officers
Dnt the above named officers as president,
vlce-president and secretary shall renal
In office as above stated until the first cleo
tlon nxed herein on the first Tuesday in
January, 1912: and until their successors
are elected and qualified. Any vacancies oc-
curing among the officers Of president vice
president or secretary shall be filled by the
Board OF Directors: but any vacancy in the
board shall first be filed before any va
cancy among said officers shall be filled.
IN case any vacancy prior to the expira-
ton OF their term shall exist or occur among
the nrst three directors named Il shall be
nlled by a selection made by the owners of
STOCK OF Series and in case OF any va
cancy among the last three directors named
II shall be filled by a selection made by the
owners OF Series Il.
AT every election and stockholders meet
Ing each stakeholder shall be entitled to
one vote Tor 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
or directors (by the stockholders, the next
occurring the hrst Tuesday in January, 1912.
ana every nth year thereafter as above
provided, the holders OF stock of Sries A
shall elect and designate three directors
and the holders OF stock OF Series r shall
elect and designate three directors. After
each election OF directors as above pro-
yided, the next being the first Tuesday In
January, 1912, and qulntenially thereafter.
the board shall elect from their number the
omcers, to-wit: President, vice-presdent and
secretary. The president. in addition 70
MS other duties, shall be general manager.
and In his absence the vice-president, in adj,
dition 10 his other duties, shall be general
manager. No bylaws of this corporat ion
snail be amended or repealed except nv a
vote OF the stockholders owning three fourtbs
(3-4) OF the capital stock"
the foregoing amendments and the au
thorlty or the appearers herein will more
Iuliy appear by reference to a duly certi-
ned copy of the minutes OF said stockhold
ers meeting which Is hereto attached and
made part hereof.
Said Fenlck and Beard In their respectiye
capacities further decls red that they now
pursuant TO the direction OF said stockhold
ers meeting, request me, Notary, to receive
saiu amendments IN the form of this public
act, In order that the same NAV be promuI-
gated, published and recorded and Tins he
o4nle part OF the original charter, with
WITCH n.s request L, Notary, do hereby comply.
mus Done and passed, In my Office. at Tho
CITY OF New Orleans, on the day and dat
herein nrst above written, in the presence az
". w. SchweitZer and E. L. Szabarv com
petent witnesses, who hereunto sign their
names with said appearers and me Notary
AFTER due reading of the whole
w. s. PENICK. JR., President
GEO. W. SCHwEITZER,
E. L. SZABARY.
ALEXIS BRIAN, Notary Public