The herald., 1912-05-09

on the second Tuesday of the
month Of April the first election to be held
IN the second Tuesday of the month OF April,
1913.
All such elections shall be by ballot and
shall he held at the Office of the company,
and be conducted by three commissioners to
be appointed for that purpose by the Board
Of Directors and notice OF such elections
shall I've given by mailing notice OF such
election to each stakeholder of record at his
post Office address at least ten days prior
thereto.
Each stakeholder shall be entitled in per
son or by proxy to one vote for each share
of stock owned by him, and majority OF
the votes shall elect.
A failure to elect directors on the date
above specified shall not dissolve TINS cor
poratiOn. but the then existing Board or Dl-
rectOrS shall continue in office and snail
cause another election to be held as soon
thereafter as possible upon giving the same
notice Of such election, as above provided.
Vacancies occurring in said board shall
he filed by the remaining directors and three
directors shall constitute quorum Tor the
transaction OF business.
AT their first meeting after said election
the Board of Directors shall elect from
their own numbers a president and a vice
tary and all such agents, clerks and other
employees as shall or may be necessary and
fix their salaries.
ARTICLE VI
The following named persons are hereby
constituted as the first Board Of Directors.
and they shall hold office until the second
Tuesday in April 1872, or until their sue
cessors shall have been elected and have
qualified. tO-wit: John Munford, 4. L. Per
rim, J. g. IacroiX. W. II. Hodges, Henry
Senac. with the said JnO. MunfOrd as presi-
dent and the said Henry Senac as vtce-prcSi-
ARTICLE VII.
This corporation shall exist and have and
enjoy succession by its corporate name Tor
a period of ninety nine years from the date
of these presents. and whenever II Is dis
solved by limitation or from any other cause,
its affairs shall be- liquidated by three com
misSionerS to he appointed by the stOckhOld-
ers at a general meeting 10 be called and
convened for that purpose, after thirty days
notice given in one of the daily papers pub
liShed in the Parish of Orleans.
ARTICLE VIII.
This charter or act Of Incorporation may
he modified, changed or altered, or said cor
pOratiOn may be dissolved with the assent
of three fOurths of the stock present or rep
resented at "A general meeting of the stock
holders called for that purpose after thirty
days notice published in one Of the daily pa
pers OF the Parish of Orleans.
ARTICLE IN
No stakeholder Of this corporation shall
be held liable or responsible for the con
tracts or faults thereof in any further sum
than the unpaid balance due the company
on the shares Of stock owned by him, or shall
any mere infOrmality in organization have
the effect OF rendering this charter null OF
Of exposing a stakeholder to any liability be
yOnd such unpaid balance due on his stock.
Thus done and passed. in my office in th,
city Of New Orleans. on the day, month and
year first herein above written, in the pres
ence Of John X. Perez. and Florence Flynn
competent witnesses who have hereuntt
signed with the said appearers and me, no
tary. after reading of the whole.
Original signed: T. J. Perrin, shares
shares: W. III. Hodges. 10 shares 4: VIM
Frank. Jr., shares; c. ii. Rice. shares
Edward Avis, ) shares Jos. Maumus, i,
shares J. G.. Iacroix, > shares A. l.. Per
rim. 10 shares b. +. Howell, 4 shares b. VI
Taylor shares; j. A. Kendrick. shares
Fred Joachim, > shares: ]. b. saunders,
shares f. B. Lacoste, shares J. VI. Good
Witnesses John r. Perez, Florence Flynn
]. KENYON BAILEY,
(Seal) Notary Public
/, the undersigned Recorder OF MOrtga ge
in and for the Parish OF Orleans, State %
and foregoing act Of Incorporation Of tn,
New Orleans Live Stock Transfer Go. wa
this dav duly recorded in my Office in bOOl
1888, folio %, New Orleans, La. April 80
1912.
true copy.
(SeaD Notary Public
may Q i6 % 30 june 10 1912