The herald. [volume] (New Orleans, La.) 1905-1953, 1912-02-22
ARTICLE V.

The affairs and business of this ceroI
tion shall be conducted and managed b
board OF seven directors, three OF wS}
shall constitute a quorum for the trsanI
ton OF business, and who shall have ~
to elect, only from their own number, ID
ever, Captain, with duties ordinarily =
pertaining TO that OF President a Iasu;s|
ant, with duties ordinarily appertainlnr
that Of a Vice-President, and Secred-l
Treasurer, with duties ordinarily apperuI
ing TO such joint Offices.
The first board OF directors and sde5
are hereby declared to be William r. M
chard, George III. Brockman, Charles Hsg|
Henry Rtghtor, Gustave Cantrelle Z. 4
Bayhi and Edward Herndon, with said vi
liam Trinchard as Captain, said Gusf,l
Santrelle as Lieutenant and said George I
Brockman as Secretary-Treasurer 81 4
whom shall serve until the second I'M
day in January, 1907, or until their sos1
sors shall have been duly elected and guil|
ned, ali elections for directors shall be 81
at the office of the corporation, in Nev u
leans, Louisiana, on the second TuesdaI I
January In each year, OF which electloa al
day prior notice shall be given In ose
the daily newspapers published In New vi
leans, and by ten days written notice nsis'
by the Secretary-Trea to each apd|
holder who is member of the corponua|
All elections shall be by ballot and ul
Jorlty OF the votes cast shall be requisite q
elect, and each share of stock shall be 81
titled to one vote to be cast by Its ovnd 4
person or by proxy, provided Its ovnd u
a member of the corporation. A faiiur
elect directors, on the day fixed shall VI
dissolve the. corporation, but the direcn'|
and officers then In Office shall cortinse u
hold their offices, and a new election %
be Immediately called to take place wa
fifteen days after date on which said =
ular election was TO be held; of which es
ton one days previous notice shall be p'a|
by publication in one of the daily mere
pers published in New Orleans, LOusb;
and ten days written notice mailed -
stakeholder who Is a member OF the COW
alton by the Secretary Treasurer. TM
Board OF Directors, at their first meetl|
after election shall elect from among uc
selves Captain, a Lieutenant and 80
tary-Treasurer, to serve until the nen y
suing election, or until their succes
shall have been duly elected and guam
and enter into Office. AL vacancies eco
ring In any Board OF Directors, eitnef
death or resignation or from any ~
cause, shall be filed by the remaining u,s
tors, by election from the stockholden
said board shall have power and au! ssS,
10 borrow money In a sum not efcssuJ
nve thousand dollars, and In evidence ur
or TO issue notes, certificates OF ndeoses
or bonds, and secure the payment thereg =
pledge or mortgage OF the property -
sets OF the corporation. THE sah
shall have the right TO levy an asses 80
on each share of stock not exceeding W.
dollars per share, which shall be 49,
between the first and thirty-frS 0r
January each year" The said Doara "
shall have the right to elect honorary ~,
bers OF the club, not exceeding tye
Der, who shall hold no stock, have no u |,
and pay no assessments. but WHO sn.s ~
JOY all the privileges of the club TO VIC
extent as II stockholders thereof AL
And said board shall further nsw
right to formulate bylaws, rules anu ~
lations, not to conflict herewith, ana -
shall be binding and have the same
as the provisions of this charter =. al
The whole as more fully appears ~ n
annexed certified copy OF the minu'"
said stockholders meeting. -
And the said appearers having 49, b
me, Notary, TO put the said amendss n
authentic form, / do by these prescns Al
ceive said amendment In the form 80
public act, TO the end that said ame sS al
may be promulgated and recorded apu ia n
be read into the original charter pssss' 81
fore Fred Zengel, Notary Public ~
23rd day OF May, 1906. :. N
Thus done and signed in my once go
City Of New Orleans, State OF LOU ~
on the day and date herein first spvss
ten, In the presence of Messrs. As,sLas.
Bugdahl, Jr., and Chester NJ sss "a
competent witnesses, who hereu.w "A o,
their names with said appearers 49,
Notary, after due reading OF the N
Original Signed)
NJ. MICHAELIS. Captain -.
G. II. BROCKMAN, secty''i
A. BUGDHAL, Jr.,
CHESTER NJ. SCHNEIDAU. Oh
W. Mel FAYSSOUN, NOT
A true copy OF the original; ,o,s
New Orleans, La. January q, w "a
W. Mel FAYSSOUX. non.
Recorded in Mortgage Office bo's
folio -. January =, 1917.
Feb l s 10 90 20 March !