The herald. [volume] (New Orleans, La.) 1905-1953, 1912-03-07
ARTICLE V.

ARTICLE V.
The affairs and business Of this coroosl
non snail be conducted and managed bJ 4
board OF seven directors, three OF win
shall constitute a quorum for the trsngl
ton of business, and who shall have nov.
10 elect, only from their own number. be,l
ever, Captain, with duties ordinarily AL
pertaining TO that OF President a Lieqtil
ant, with duties ordinarily appertainlng u
mat or a Nice-President, and a Secretirl
Treasurer, with duties ordinarily aDDertstl
ing 10 such joint Offices
Inc hrst board Of directors and ofHc,a
are hereby declared to be William f. Trtl
Ghard, George III. Brockman. Charles Haea
Henry Rightor, GuStave Cantrelle, e 81
Bayhi and Edward Herndon, with said VI
nam IElnchard as Captain, said Gus1El
1antrelle as Lieutenant and said George ii
Brockman as Secretary Treasurer, all q
whom shall serve until the second T1s
DAY In January, 1907, or until their suoca
SorS snail have been duly elected and quiR
ned, all elections for directors shall be hel
at the once OF the corporation, In New o.
ieans, Louisiana, on the second Tuesday sl
January in each year, OF which election on
uay prior notice shall be given In one III
the daily newspapers published In New o.
leans, and by ten days written notice mails
py me Secretary-Treasurer TO each stea
nOlder VINO Is member OF the cOrpOranol
All elections shall be by ballot, and q "a
)Orlty OF the votes cast shall be requisite b
eject, and each share OF stock shall be q
Titled TO one vote TO be cast by its owner
person or by proxy, provided its owner y
member OF the corporation. A failure o
eject directors, on the day fixed shall ni
dissolve the corporation, but the directO,
ana Officers then in Office shall centinue y
mold their offices, and a new election seai
be Immediately called to take place with
nfteen days after date on which said ~
mr. Wn.n, a. ~ ~
ton one days previous notice shall be grs
Oy publication in one OF the daily newsf
pers published In New Orleans LOusbni
ana ten days written notice mailed to 60
Stockholder who is a member Of the corH
alton by the Secretary Treasurer The 81
Board or Directors, at their first meen1!
after election shall elect from among thes
selves a Captain, a Lieutenant and ser
tary-TreaSurer, to serve until the nef
suing election, or until their successm
shall have been duly elected and quans
ana enter into Office. All vacancies oeea
ring In any Board OF Directors, either
death or resignation or from any one
cause, shall be filed by the remaining dlIs
TORS, by election from the stockholden I.
said board shall have power and autDoss
10 borrow money in a sum not exceeol
hye thousand dollars. and in evidence 80
or 10 issue notes, certificates OF fndeDteus
or bonds, and secure the payment thereof VI
pledge or mortgage OF the property s9e
sets or the corporation. The SAID Do.
shall have the right TO levy an assespn, /
on each share OF stock not exceeding t1 M
dollars per share, which shall be pag
between the first and thirty-frst ozr
January each year" The said board
shall have the right 20 elect honorary T.
DerS or the club, not exceeding hye W. IT,
Der. who shall hold no stock, have no !"
and pay no assessments, but who shan -,
JOY all the privileges of the club 10 the s'~
a = bnfI
And said board shall further have
right to formulate bylaws, rules ana N
iatiOns, not to conflict herewith, ana 80
shall be binding and have the same eA
as the provisions OF this charter. . ~
The whole as more fully appears
annexed certified copy OF the minus
said stockholders meeting. IA,
And the said appearers having Iequ,
me-, Notary, TO put The said amendm,s =
authentic form, | do by these press1ss N,
ceive said amendment in the form " o.,
public act, TO the end that said amenaIss ~
may be promulgated ana recorded any ANA n
be read into the original charter psss ~
fore Fred. Zengel, Notary Public, w 4
BIRD day OF May, 1906. ~
Thus done and signed 10 my once
City OF New Orleans State or LOUIE ~,
on the day and date herein first above ~
ten. in the presence OF Messrs. AiefllSs.a
Bugdahl, Jr., and Chester ". scsn's n
competent witnesses. mo hereuhs n,
their names with said appearers 1na i.
Notary. after due reading OF the "D'"
(Original Signed
VI. MICHAEIIS, Captain. 800
G.. H. BROCKMAN, Secty'-i'
A. BUGDHAL Jr..
CHESTER VI. SCHNEIDAU. p,,s
W. Mel. FAYSSOUN. NOT f'
true copy OF the original; ,o,o
New Orleans, La. January y, lylI oouA
W. Mel FAYSSOUX. NOT i''
Recorded In Mortrage Once BOOK ~