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


Degln business as soon as the full amour
Oh lts capital stock Is subscribed for.
ARTICLE ".
! The corporate powers Of this body which
are hereby vested in the stockholders, shall
be delegated by the stockholders and vested
In and exercised by a president a yice-presI
dent and secretary the president shall hs
the general business manager and treasurer
and he with the vice-president and secretary
snail exercise all such powers and perform
such duties which shall be provided FOR and
| specified by the bylaws which bylaws shall
! De ADOPTED and provided at the time of the
signing or this act, or as soon thereafter az
practlcable, by majority vote OF all the
STOCK issued or subscribed for, and same
may De altered or amended at any regular
or called meeting Of the stockholders by the
amrmative vote of all the stock issued as
recorded on the books of the body,
The first officers shall be SCHUYLER r.
coleman, president; Dave V. Johnston, vice
president, and Louis LeSassier secreta nv
VINO snail exercise all the powers and per.
lveiy until their successors shall be elected
and take Office
ARTICLE v.
The regular stockholders meeting shall
De held on the first Tuesday after the first
day OF January, 1913, or in case of failure
as soon thereafter as practicable; and like
at which regular meetings, the stockhold,
ers snail elect all the said officers provided
Tor ana shall-transact such other business
as may inhere In the stockholders. All
eiectlohs ana other acts or proceedings by
the stockholders shall be In regular or Called
meeting, and favorable majority vote OF
all the stock issued and recorded on the
BOOKS OF the body shall be required to elect,
ADOPT or act in any stockholders meeting
Inc president shall have authority To cali
special or called meetings of the sstock-
holders at such times as the occasion NAV
|3hSstiiy, or three days notice to be given by
ings shall be held in the Office of the BODY
IN this city. All officers shall hold ONCE
until the next following stockholders reg
H HIas meeting and until their successors shall
DE duly elected and take office and any fail.
ure 70 hold any regular stockholders meet
ing at the time specified, 1t shall be held
thereafter thereafter at such time as the president may
ARTICLE VI
This act OF Incorporation may be changed
or amended, or the corporation NAV he dis
sppiVed, with the consent Of three-fourths of
Ine STOCK present or represented at any
general meeting OF the stockholders CON.
sened Tor that purpose after thirty days'
notice Shall be given each stakeholder of
spSa meeting by the secretary. Whenever
Dy limitation of Its charter or apy other
cause, Its affairs shall be lquidated by one
commissioner TO be appointed from among
the stockholders at such general meeting
convened for dissolution of the CORPORATION
said commissioner to remain I'm office untii
the AFFAIRS Of the corporation shall he fnIIv
nquldated, and In case of his death or resi9-
nation or inability, a successor shall be
eiec'ed In the same manner to act.
ARTICLE VII.
NO stakeholder shall ever be held liable
Of responsible for the contracts or faults on
ms corporation In any further sum than
Lne unpaid balance due to the Corporation
on the shares owned by him /; nor shall any
mere lntormality In organization have the
enect or rendering this Garter null or Of
exposing a stakeholder to any liability he
'ond the amount Of his stock
IN lieu or formal substitution LIST tba
SUBSCRIBERS have written opposite their sew.
eraI names the number of shares OF stock +
for by them.
, InuS done and passed in NV ofices In
me city OF New Orleans Louisiana This
wenty-seeond day Of January, 1912. in the
presence OF William z. H,1y and T r
lerson, competent witnesses who have sinh
cribed their names hereto together With
eading "i'er uue {
,tOriginal Signed s. B. Coleman T, Y
ohnston, Louis LeSassier. Attest. w d
lucy, j. i. Pierson.
CHAS. l. DENECHAUD
Notary Pubic 5