The herald. [volume] (New Orleans, La.) 1905-1953, 1912-05-09
ARTICLE ".

AkIlCLE ".
All the corporate powers Of this corpora-
ton shall be vested in and exercised by A
board or three CD directors, to be composed
OF stockholders, two CD Of whom shall CON
stltute quorum for tranSacting all bust
ness. The board OF directors shall be vest
ed with full power and authority to make
az contracts, purchases and sales, and adopt
an bylaws, rules and regulations for the
government of the business and affairs of
the company, and alter, amend and change
me same at pleasure; appoint, hire, and
discharge all officers managers agents and
employees; fix all salaries and generally do
a III perform all things necessary in the
transaction of the business and affairs of
tne company. Any vacancy occurring in
said board shall be filled by the remaining
directors for the baalnce OF the unexpired
term IN the manner provided for in the
bylaws.
The first board Of directors of this corpo-
ration shall consist OF e. F. Davidson o. ID
Weed and +. II. Davidson, with the said C.
p. Davidson as president, and o. ID. Weed
as secretary and treasurer, who shall hold
their offices until the second Wednesday in
January, 1913, or until their successors are
duly elected and qualified.
On the second Wednesday in January
1913, and annually thereafter an election
for directors shall be held at the Office Of
| the company, under the supervision of three
commissioners TO be appointed by the presi-
dent, and the directors then elected shall
| take their seats Immediately and shall hold
and qualified. Each board shall immedi-
| ately upon its selection annually elect it's
| officers, which shall consist OF a president
a secretary and treasurer; any two of said
| offices may be held by the same person. Said
| officers shall 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 cast shat
elect, and at all stockholders meetings held
| Tor any purpose, each share of stock shall
| be entitled TO one vote either In person or
| by proxy, Oy the person in whose name same
shall have been registered on the books of
the company for at least ten days prior TO
any meeting.
| Written notice of stockholders meetings
shall be given to each stakeholder by the
| secretary at least ten (1O) DAYS prior to
elections, by mailing same postage prepaid
TO his last known post ONCE address.
ARTICLE V.
This act of incorporation may be changed
altered or modified, or this corporation dis
solved, with the assent of three fOurths OF
eral meeting of the stockholders convened
for that purpose aften ten days prior notice
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
like notice by mail to each stakeholder and
such changes as may be made in reference
! to the capital stock shall be made in ac-
subject.
ARTICLE VI.
Whenever this corporation is dissolved
either by limitation of its charter or from
any cause, its affairs shall be liquidated by
| three go 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
holder. Said commissioners shall remain in
office until the affairs of said corporation
| shall have been fully liquidated. In case of
the death of either commissioner, the sur
vivors shall continue 10 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 rendering this charter
null, nor of exposing stakeholder to any
| liability beyond the amount OF his stock.
The subscribers hereto have each written
| opposite their names the number of sha res
subscribed for, so that this act may also
serve as the original subscription list.
Thus done and passed in my notarial Of
flee in the city of New Orleans, Louisiana,
in the presence Of G.. W. Schweitzer and f.
| l.. SZabary, competent witnesses OF lawful
age, and residing in this city. who hereunto
subscribe thelr names, together WITH Sdlu
parties and me, notary, on the day and date
set forth in the caption hereof
(SignedD c. z. Davidson. by o. d. Weed
20 shares: o. d. Weed. 20 shares; I. Il.
Davidson. 30 shares. Geo. W. Schweitzer,
r. L. Szabary. ALEXIS BRIAN;
Notary Public
I, 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 ''Barataria Land Company was this
day duly recorded in my office in book 1000
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 origina
act Of Incorporation of the charter OF th'
Barataria Land Company, which was pass
ed before me on April %, 1912, and OF th'
original certificate of the deputy recorder o
mortgages thereto annexed which Is an
nexed to said original +: said original act an'
certificate being on file in my current no
tarial register.
ALEXIS BRIAN,
(SeaD Notary Public.
apr IS may 2 o IS % 80 1912