The herald. [volume] (New Orleans, La.) 1905-1953, 1913-06-12

''-'''''
F. P'N'I an" 1...,' .'.t TO pAl'l anu 'u '!t2,
. ~. ..'Htuu i', '"' I'.. t'.Ii OF "I'''' ms
/ t, A''"' '"' -NN. H'''"l' ui ..'N -
I u.,r-'rd' ID con .f.'' sue ana I-. Surd -
/ a.'rr anu fhAn-r u" same al pleasure, 10
have nod, use purchase, own, receive. Ease
. ,.", .'.l'S. ....'-'+' ana iyPp-g'.il- 2r
/ l' l-' property t"h, PERSONAL anH mlG'l
ID |-..." "..ary '..' .'Hi any norton nt
.". ....'' pro '"n..- Is'" ~ 'AII'sl sock
. ''." .''' t"H To- -''" ana l"''''" ~"~A.l,
~, '' l.N .'Nt'.'S 90. "a. snn
"'. .' '.'.i ah' 'PNo.nt
t1 .N' .'.. ''. 50 Managers agents
ga ' "' ..- Interest," @hI c'N'ru'-
... .'' '', .." nav rell,'ri -
''a. ..t '' .''.ri '..' JOY .'"S Ft'.T IN
I -'.,,..-N 20. ..' ti.... management OF
my ma .-....- .,r e.. - .9 '" .S
/ a...r. amsal o- 'f...... .r .,ra4.,,~. sri
rrnr-qIv r. d. ara -r...., aII ,.ts r",+.
TORS soj th.1.-- a. NAV "a. .i.,,,,T a. Co..
,.rIn-atfo1 or ,.-uf,. al ,,,..s,ry ~,
AIRY ou- the o...... 3d.. .,,.-..,.,. - .r,
N trf,rra II-,r .rt....... 81 ..t,.- 'r,,.r
/ Sam, "'-
..r
process SAa,. .' s'i'.' .... .'e 4'"s.IeA'-
/ Its Irs.',c "a n- f.,,r.r.., - u ~.
. ~. -,rr.i.I,r,E ,r IT, ~, r,.,.. . 80 L
..r.s nv in.t'ri,v - ,rt ~, -,,., ,.. -.
~ -y - -, a. 49,. 81, 80 s-,
,tr-.,. '''' .'''''
N-,f.r, TTT NH, c-i..4s ,r1 ,..-....,
fo- ,ynf'b 80 .,-,,-., tI - o ,.,i pa 81
d., r,.sfr,,. - T -, u - - ~ w. =. -
nv Fa,rar.l -, 5 80 ~, cI a. ~ 49, ~, 40
~ 1r,'" it u. %, 10 co"iuet tHei,.'S ai'
r-,tI, ,, - ,.",,"i -
.I,-,r,i1,,,' -, r. - GU y. 70 az. ~
r,i a.I ouLi'o .gu,-a
.--'if " ~ 1850 anu ~ enHH a..
I,sj,,oss' - " .''--'' az" '''1'
'','uT'S ~.
r-,,t.0 = - SanLI' 800 VI ."tS u
,I1Ts,r1 S,Tls-.' isTn oSo nnv S.n' "a
HI5 IL 10 S = lTiu'o,' ~, 10 uc u,
49, my a t .'l,teHeHltu pt W. uunured
S se, vS To 'A tHe ftr 'd.Ee OF MY uoi-ars
49, - - s'St DC Ps'I lu'
:" ASH as vSI.e4 I"t U! &c poaTI Oh uirNc
,vIror+ nay We e., Ss l-m pann S'oGk
+. IL y. uSuE' IoL P1oII',s % L'snLS
I,.uatt.I '.gvi'Iu VI PuILHSSsu uy tHe cor
aonaI'oI, anu M, IN pa5mSnI Oh StTN.ctS reL,
-, ''It a. '''NN SNAIL oe l"'' Pa'd anu
"'" '''' '>''''V'
No shares OF stock shall BE- transferred
except on The books OF the corpora tlOR, and
not until the certificate or certificates evil
nave been delivered to the corporation and
nuiy cancelled; and the corporation shall
nave the right 10 refuse TO make such trans
Ter upon us BOOKS as long as the owner OF
the stock Is Indebted In any way 10 the
corporation
The board OF directors shall have the
right TO call In and purchase at their book
| value as shown by the inventory last made
J such share or shares OF stock as NAV be
J, Inherited from any OF the stockhOIders yhs
may die. All retired shares of stock NAV
be reissued by said board OF directors, at
Z not less than their book value
No stakeholder shall have the right TO
7 sell or dspose OF his stock without first
Offering 1t in writing. for ten days, through
the board Of directors, 10 the other stock
i holders, in proportion TO their respective
: holdings. at a price not In excess OF the
= book value as Of the date Of such offer and
" II any stakeholder refuses to purchase the
others shall have the right TO buy the same
: In proportion to their respective holdings |;
!. II all the stockholders refuse to buy then
= said stock may be sold TO any one
This corporation shall begin business as
soon as three thousand dollars (S3. 600 OOD
y OF the capital stock Is subscribed for. which
n amount IL hereby declared TO b. Subscribed
Article V-.All the corporate powers OF
( this corporal ton and the management and
: control OF It's business shall be vested in and
o exercised by a board OF directors TO he com
i posed OF three members a majority OF whom
shall constitute a quorum for the trausac-
7 tion Of all business, and their decision shall
; be valid corporate acts. majority vote OF
: the directors present shall decide all Ques-
tions voted upon. The board OF directors
Z shall elect from ameng Its members its own
n officers as follows: A president who shall
!, also be the treasurer, a vice-president and
, secretary. The board Of directors shall have
: the power 10 determine the manner and the
Il cause for which vacancies may be declared
on said board. No person shall be eligible as
, a member OF the board OF directors unless
, stakeholder OF this corporation. The fol-
/ lowing persons shall constitute the first
, board Of directors viz: Joseph A. TrOIler,
Louis A. TroIler and Lawrence G. Mercer,
J, with the said Joseph A. TrOIler presi-
n dent-treasurer, Lawrence G.. Mercer as vice
q president and Louis A. TroIler, as secre-
S tary Said board OF directors shall con-
:, tlnue In Office until the second Friday in
7, January, 1914, on which day and annually
thereafter, a board OF directors shall be
o elected by ballot for the term OF one year
|. Such election shall be held under such rules
:, and regulations as may be provided by the
board OF directors. Any failure from any
c. cause whatever, to elect a board OF direc-
IS tors on the day named, shall not dissolve the
v corporation, but the board OF directors then
II In office shall hold over until their success
). sors are chosen. At every election and meet
v Ing of the stockholders the vote shall be by
% ballot, and each share OF stock shall be en-
| titled to one vote, to be cast BY the owner
In person or by written proxy. The stock
holders receiving a majority of the votes
cast shall be declared elected as the board
c. Of directors. Any vacancy occurring on
said board shall be filed by the remaining
- directors by the appointment of some quail
fed stakeholder. who shall serve until his
- successor Is elected at the annual election
II The board OF directors shall have the right
TO appoint and discharge such managers
70 clerks agents and other EMPLOYEES as NAV
s. be deemed necessary or erpedient: and to
Us make, change and amend all bylaws, rules
~ and regulations for the proper conduct and
- mana cement OF the affairs, business and
=, concerns Of said corporation not In conflict
- with this charter or the laws OF this state
10 provided. that the president NAV suspend
4 any employee in his discretion, pending the
% action OF the board OF directors
U, All warrants, checks drafts or other OBJ
q legations OF this corporation shall be signed
q by the presldent-treasurer.