The herald. [volume] (New Orleans, La.) 1905-1953, 1912-02-29
ARTICLE VI.

All the corporate powers Of this corpora
ton shall be vested In and exercised by a
board OF three directors elected among the
stockholders.
Said directors shall be elected annually.
on the first Monday in January, beginning
with the year 1914 and after ten days
prior notice in writing, shall have been
sent to each stakeholder by mail, at his or
her last known address which said notice
may be waived by the stockholders in writ
ing At all elections. a majority OF the
votes cast shall be necessary to elect.
At all meetings and elections each share
OF the capital stock shall he entitled TO one
vote, either presented by the stakeholder in
person or represented by proxy.
Immediately after their election, the board
shall elect from their number a president, a
vice president and secretary-treasurer.
The said directors and officers shall hold
their respective offices for a period OF one
year from the date OF their election, or until
their successors shall have been duly elected.
The failure to elect directors or officers as
herein provided for. shall not result In the
dissolution Of this corporation, but the board
Of directors then in office shall hold their
respective offices until their successors are
duly elected and qualified. after another cleo
tion has been held within thirty DAYS. after
due notice thereof is given as above pro
vided for.
An vacancy occurring on the said board
OF directors shall be filled by the remaining
members of said board for the uneXpired
term.
Said board Of directors shall have power
10 make. alter and annul such bylaws, rules
M regulations for the government OF this
corporation as they may think proper.
The first board of directors is hereby de-
clared to be Joseph Maumus. Louis Paysse
and Alexander L. Perrin, with said Joseph
Maumus as president, the said Louis Paysse
as vice president, and the said Alexander 7.
Perrin as secretary-treasurer and they shall
hold Office until the first Monday In Janu-
airy, 1914, or until their successors are
elected.
ARTICLE VII
This act OF incorporation shall be altered
or amended, or this corporation may be dis
solved by q vote Of three-fourthS of the cap
ital stock or shares present or represented
at a general meeting called for that purpose,
been given OF the said meeting to each stock
holder by sending the same by mail to his
or her last known address.
Whenever this corporation Is dissolved.
shall be liquidated by three commissioners
appointed for that purpose at said general
meeting and in the case of the death, resig-
nation or inability to act OF any Of the said
commissioners, the remaining commission
ers shall continue the liquidation TO its ter
ARTICLE VIII.
No stakeholder shall ever be held liable
or responsible for the contracts or faults OF
this corporation in any further sum than
the unpaid balance, II any, due the corpO-
ration on the share or shares Of stock owned
ity in the organization hereof have the eff
feet of rendering this charter null or OF ex-
posing any stakeholder to any liability be-
yOnd such unpaid balance OF his stock.
Thus done and passed in my Office. in the
city Of New Orleans, aforesaid the day,
month and year first aforesaid, in the pres
ence of William G.. Taylor and James b.
Rosser Jr., witnesses OF lawful age, resid-
ing in this city, who hereunto sign their
names together with the said parties and
me. notary, after due reading of these pres
ents.
Perrin, Louis Paysse. W. G. Taylor, j. B.
Rosser, Jr.
ALPHoNsH ]. CUNEo, Not. Pub.
State OF Louisiana, Parish OF Orleans, City
of New Orleans.
I. the undersigned recorder OF mortgages
in and for the parish OF Orleans, state OF
Louisiana, do hereby certify that the above
and foregoing act of Incorporation of The
Orleans Plantation Company, Limited, was
this day duly recorded in my Office. in book
1851, folio $50.
New Orleans. January nineteenth. A ID
1912. (Signed EMILE LEONARD;
Deputy Recorder
State OF Louisiana. Parish Of Orleans, City
Of New Orleans.
I. the undersigned notary, do hereby GER
tify the above and foregoing TO be true
copy OF the original act of Incorporation o.
The Orleans Plantation Company. Limited
and Of the certificate Of the recorder o.
mortgages in and for this parish thereto at
| tached, the whole extant and Of record II
my current notarial register.
In faith whereof, l grant these present!
under my signature and the impress Of my
seal Of Office.
New Orleans, January 10Th, 1912.
(Signed)
ALPHoNsE J. CUNEo, Not. Pub.
(SeaD Jan % feb Is % 30 191.