The herald., 1913-08-07

their number a president, vice-presdent and
secretary treasurer.
The failure TO elect directors or officers
as herein provided for shall not result In
the dissolution Of this corporation, but the
then board Of directors shall hold their re-
SpeCtive Offices until their successors are
duly elected and qualified.
The first board of directors and the OIL
GERS herein named and provided for shall
hold their respective offices until the hrst
Tuesday in December, 1914, or until their
successors are elected and thereafter all
officers and directors shall hold their re-
spective Offices for a period of one year from
the date of their election, 81 until their
successors have been duly elected ,
Any vacancy occurring on any board OF
directors shall be nlleda by the remaining
members of said board for the un"NpiTed
term, at a meeting called for that purpose
after ten days prior written notice: the di-|
rrctOrs 80 elected to hold office until the
next annual stockholders meeting, but should
IL be- impossible for any cause for any Va
4, cancy or vacancies in the board of directors
To De- nlled by the directors, SUch vacancy
or vacancies may De lilled by the stockh0id-
rrS al any meeting called for that purpose
by the president. or in the absence or ina
hility Of the president by any stakeholder
upon giving ten days notice TO each ami
every stakeholder Of record, which notice
may be sent through the mail, and addressed
TO the last known address of the stockIOldcr.
ANY and all directors meetings, the notices
for which are not herein specifically pro
yIded for. may be called by any olhrer OF
this corporation upon ten days notice sent
10y mail TO each director at his last known
address.
Wherever it is provided in this act. that
either directors or stockholders meetings
may be held after certain prescribed notices
To the stockholders or directors, IL Is under
stood ana agreed that any and all directors
and stockholders meetings may be held With
out notice whenever lawful, provided all
stockholders or directors as the cas-" may
De- waive notice in writing. or are present
In person or by proxy at such meeting or
meetings
The board Of directors shall have Full con
troll Of the property of this company and
shall 50 conduct, manage and Use tn" same
as in their discretion they deem best, and
that is consistent with the objects Of the
company and the welfare of the same. The
board Of directors shall have power 70 make
alter and aunu. such bylaws, rules and
regulations for the government Of this cor
porati0n as ehey may think proper and said
directors may always vote either in person
or by proxy at all directors meetings
The first board of directors is hereby de
car"d 10 be Alfred Il. Freeman, Wayland ;.
Bickford and Benjamin &. Brown, with the
said Alfred Il. Freeman As president, Way
land :. Bickford as vice president ana Ben
jamiu {. Brown as secretary treasurer.
The board Of directors shall have power
20 appoint all agents. clerks and employees
and to fix their salaries, term of OH . and
compensation, and the right to dismiss them
at said boards pleasure and said board
shall have the further right 10 fix and de
Jrrmnc the salary Of the several officers
herein provided for
Article EI.-This charter nav be altered
or amended or the capital stock of the cor
ppraJipn may Doe increased or diminished or
the corporation may Dee dissolved 10y a vote
Of three fourths of the capital stock issued
at a general meeting called for that purpose
according TO law. which meeting may hc
called at any time by the president or in
case of his absence or disability. hy any
other officer herein, and must be called upon
the written request OF twenty-five per cent
of the stockholders of record. Whenever
this corporation i dissolved either by lin
ItatlOu or otherwise, its affairs shall be d.
quIdated by the then existing board of direc-
tors, and in case Of the death. resignation
or inability TO act of any Of said board. the
remaining member or members shall carry
on the liquidation through its termination
Article VINO stakeholder shall ever
DE held liable or responsible FOR the con
tracts or faults Of this corporation in any
further sum than the unpaid balance due
the corporation on the shares of stock
owned by him, nor shall any mere informal
.ty in the organization hereof have the eTect
Of rendering the charter null, or Of exposing
any stakeholder 10 any liability beyond the
amount of his stock.
Thus done and passed at my Office in New
Orleans parish Of Orleans. state of LOuiS-
ana, on the day. month and year herein first
mentioned in the presence Of NeSSrS. John
May and Ashton puCatel competent male
Witnesses herein residing. who hereuuto sign
their names. together with the said appear
erS and me, notary. after due reading Of the
whole.
Names Of original subscribers omlttedD
Witnesses: John May 4 Ducatcl
CHAS. /. FLETCUINGER, Not. Pub.
!, the undersigned recorder Of mortgages
in and for the parish Of Orleans state of
Louisiana. hereby certify that the above and
foregoing act Of Incorporation Of THE Con
CeSSiOns Company" was this day duly re-
corded in my Office in book loss, folio 6G6.
New Orleans July 10. 1913.
tSignedb EMILE LEONARD, u. r.
\ true copy.
CHAS +. FLETCHINGER. Not Pub.
july 81 81 aug II II %