The herald., 1912-05-23
ARTICLE ".

hhI III LIZ ~.
All the corporate powers Of this corpora-
tlon snail be vested in and exercised nv n
~ 0SaIu OF three 20 directors, TO be composed
OF stockholders, two 90 Of whom shall CON
slLtute quorum for transactipg Ali busi
| ness. The board of directors shall he veSt
gu WIN run power and authority to make
all contracts, purchases and sales and 49,
all bylaws, rules and regulations for tbe
government of the business and affairs Of
me company, and alter, amend, and change
diSob SAINT az pressure; appoint, hire, and
uiscnarge all officers, managers agents and
employees fix all salaries and generally do
dsd perform all things necessary in the
ira an OF the business and affairs of
INC company. Any vacancy occurring in
SAID board shall be filled by the remai1inu
directors for the baalnce Of the unexpired
| bylaws. " 'Ne
The first board of directors of this corpo
ration shall consist OF e. p. Davidson. q. ID
Weed and +. X. Davidson, with the said q
L. davidson as president, and O. d. Weed
as secretary and treasurer, who shall hold
Lhelr omces until the second Wednesday in
January, 1913, or until their successors re-
duly elected and qualified
On the second Wednesday in January
1918, and annually thereafter an election
i3r 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
elected
and qualified. Each board shall immedi-
| ately upon its selection annually elect its
ofhcers, which shall consist of a president
secretary and treasurer; any two of said
Omces 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 shall
elect, and at all stockholders meetings held
Tor any purpose, each share of stock shall
pe emitted 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
| snail be given to each stakeholder by the
secretary at least ten (1O) days prior to
electlons, by mailing same postage prepaid
TO MS 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, it's affairs shall be liquidated 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
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 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-
| tion have the effect of rendering this charter
null, nor Of exposing a stakeholder to any
| liability beyond the amount or his stock.
The subscribers hereto have each written
| opposite their names the number of shares
subscribed for, so that this act may also
serve as the original subscription list.
Thus done and passed in my notarlal Of
fee in the city Of New Orleans, Louisiana,
in the presence of G. W. Schweitzer and Il.
L. Szabary, competent witnesses OF lawful
age, and residing in this city. who hereuntO
subscribe their names, together WIFI Sdlu
parties and me, notary, on the day and date
set forth in the caption hereof.
(Signed) c. p. Davidson, by o. D. Weed
20 shares: o. D. Weed, 20 shares; +. r.
Davidson, 20 shares. Geo. W. Schweitzer
d. L. Szabary. ALEXIS BRIAN,
Notary Public
!, 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 thl:
day duly recorded in my office in book 1919
folio -.
New Orleans, La, April %, 1912.
(Signed) EMILE LEONARD,
Deputy Recorder Of Mortgages.
hereby certify the above and foregoing
to be a true and correct copy OF the origina
act Of Incorporation Of the charter or tn
! Barataria Land Company, which was pass
! ed before me on April %, 1912, and OF tn
! 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 nc
, tarial register.
(SeaD Notary Public.
e ADAMS HATS.