The herald., 1912-02-22

titled To purchase upon the pro rata basis or
the stock already standing in their respect
i've names on the books Of this company.
There shall he written or printed across
each certificate of stock on this company,
These shares are issued and shall be held
subject to the charter and bylaws of this
corporation.
The business and affairs Of this corpora
ton shall be managed and conducted by,
and all the corporate powers thereof shall
be vested in and exercised by board OF
not less than four nor more than nine direc-
tors to b. elected from among the stock
holders of the company, who shall have. at
least. ten shares of the capital stock of the
company standing in his name on the com
panys books. A majority of said directors,
present either in person or represented by
proxy. shall constitute quorum of the
board. provided that If AT any meeting
quorum be- not present, One-half Of the num-
Der Of directors present in person or repre-
scented by proxy. shall constitute quorum
at the next meeting.
Until the first Tuesday in January, 1913,
or until their successors are duly elected,
qualihed and installed. tte directors of this
corporation shall be composed of Albert God
chaux. as president; Harold Mayer, as vice
president X. +. L. Mayer and a. A. ZODIAC.
ON the said first Tuesday in January. 1913,
and annually thereafter meeting of the
stockholders of this corporation shall be
held at its dOmicile for the purpose of
electing directors for the ensuing year. Said
election shall be by ballot and the stock
holders receiving a majority of the votes
cast shall he declared elected. a failure
from any cause whatsoever to hold this Sa i'd
annual meeting, or failure to elect directors
on the day above specified shall not dis
solve the corporation, but the directors and
Ulcers then in office shall hold over until
their successors have been duly elected, quail
flied and installed and it shall be the duty
of the board of directors to convene within
ten days another meeting Of stockholders
for the purpose of electing directors of
which meeting each stakeholder shall have
three days prior notice in writing. The
failure to hold said second meeting. or the
fa lure TO elect directors al same. shall like
wise not dissolve this corporation, but the
incumbent officers shall remain in office and
there shall be no election of directors by
stockholders until the date of the next an
nua meeting, TO which or to any subsequent
annual meeting or meetings the same rules
shall apply.
Except as herein otherwise provided no.
ttce of all meetings Of stockholders for the
election of directors or for any other pur.
pose, shall DE given in writing at least ten
days prior To the date fixed for Sa id meet
TO the stockholders or deposited in the mail
directed To each stakeholder TO his address
as same shall appear upon the books of the
corporation and If no address appears upon
the books of the corporation. then said no
tice shall be deposited i'm the mail directed.
care OF general delivery, New Orleans. La.
Any notice required 10y this charter may
be waived in writing 10y any or all Of the
stockholders appearing as such upon the
books. AT all meetings of stockholders. each
stakeholder shall De entitled To cast one
vote, either In person or by proxy. for each
share of stock owned by him and standing
in his name on the books of the company.
and except as herein otherwise provided a
cient To elect and decide any and all queS-
tionS voted uDOn.