The herald. [volume] (New Orleans, La.) 1905-1953, 1912-05-16
ARTICLE ".

ARTICLE ".
All the corporate powers Of this cornoro.
tlOn snail be vested in and exercised Inv a
BOARD OF three 90 directors, 10 be comp6sed
Vi stocKholders, two 90 OF whom shall con
49, quorum Tor transacting all bust
ness. Inc board OF directors shall be vest
gu WIN IuIl power and authority to make
al Conirdcts, purchases and sales, and adOpt
an Dy-Iaws, rules and regulations for The
government OF the business and affairs Of
the company, and alter, amend. and CHANCE
Ine same at pleasure appoint, hire and
uLscharSe all officers, managers, agents and
PioSeSs nA an salaries, and generally do
an perform all things necessary in the
transaction or the business and affairs of
the company. ANY vacancy OCCURRING in
Sald board shall be filed by the remaining
directors Tor the baalnce OF the unexpired
| bylaws. " "
The first board Of directors of this corpo-
ration shall consist OF G. r. Davidson q II
weed ana Il. X. Davidson, with the said c.
T. davidson as president, and O. D. Weed
as secretary and treasurer, who shall hold
thclr Offices until the second Wednesday in
January, 1913, or until their successors are
duly elected and qualified.
| On the second Wednesday in Januarv
| 1913, and annually thereafter. an election
| Tor directors shall be held at the office of
the company, under the supervision of three
commissioners to be appointed by the presi-
i dent, and the directors then elected shall
| take their seats Immediately and shall hold
once until their successors are duly elected
and qualified. Each board shall immedi-
| ately upon its selection annually elect its
officers, which shall consist of a president
a secretary and treasurer any two of said
| Otnces may be held by the same person Said
oncers snail have such powers and duties
as the board OF directors may prescribe and
| impose. All corporate elections shall be by
| ballot, and majority of the votes east shall
elect, and at all stockholders meetings held
| for any purpose, each share of stock shall
| ai In
| by proxy, ~ the person in whose name same
| snail have been registered on the books OF
the company for at least ten days prior 10
| any meeting.
Written notice OF stockholders meetings
shall be given to each stakeholder by the
| secretary at least ten (10) DAYS prior ia
| electlons, by mailing same postage prepaid
10 MS last known post once address.
ARTICLE V.
This act of Incorporation may be changed
| altered or modined, or this corporation dis
| solved, with the assent OF three fourths of
| the stock present or represented at any gen.
| eral meeting of the stockholders convened
of such meeting shall have been given by
publication In one of the daily newspapers
published in the city of New Orleans by
three publications during said period, and
such changes as may be made in reference
! to the capital stock shall he made In ac-
cordance with the then existing laws on the
| subject.
ARTICLE VI.
Whenever this corporation Is dissolved
either by limitation of it's charter or from
any cause, It's affairs shall he liqudated by
three 90 commissioners to be appointed
from among the stockholders at a meeting
OF the stockholders convened for that pur-
pose after ten days prior notice shall have
been given by the secretary to each stock
Sal m baII IN,
office until the affairs of said corporation
shall have been fully liquidated. In case Of
the death of either commissioner, the sur
viyors shall continue TO act.
ARTICLE VII.
No stakeholder OF this corporation shall
ever be held liable or responsible for the
contracts or faults thereof in any further
sum than the unpaid balance due TO the
corporation on the shares owned by him,
nor shall any mere infOrmality in organiza-
ton have the effect of renderin- this charter
null, nor of exposing a stakeholder to any
liability beyond the amount of his stock.
The subscribers hereto have each written
subscribed for, so that this act may also
serve as the original subscription list.
Thus done and passed in my notarial Of
fee in the city of New Orleans. Louisiana,
in the presence of G.. W. SchweitZer and Z.
l.. SZabary, competent witnesses Of lawful
subscribe their names, together with said
parties and me, notary, on the day and date
set forth in thescaption hereof.
(Signed) C. 7. Davidson. by o. D. Weed,
20 shares; O. u. Weed 30 shares +. Il.
Davidson. 90 shares. Geo. W. Schweitzer,
z. L., SZabary. ALEXIS BRIAN,
. Notary Public.
7, the undersigned deputy 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 "BaTataria Land Company" was this
day duly recorded in my office in book 1855,
folio =.
New Orleans, La, April %, 1912.
(Signed) EMILE LEONARD,
Deputy Recorder Of Mortgages.
hereby certify the above and foregoing
to be true and correct copy of the original
act OF Incorporation OF the charter of the
Barataria Land Company, which was pass
ed before me on April %, 1912, and OF the
original certificate OF the deputy recorder of
mortgages thereto annexed which is an
nexed to said original; said original act and
certificate being on file In my current no.
tarial register.
| ALEXIS BRIAN,
(SeaD Notary Public.