The herald. [volume] (New Orleans, La.) 1905-1953, 1913-07-31
THE HER AID

their number a president vice-president 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 thelr re-
Spcctiye Offices until their SUCCESSORS are
duly elected and qualified. -
The first board of directors ana the oHi
GERS herein named and provided for shall
hold their respective offices until the nfst
Tuesday in December, 1914, or until theiT
successors are elected, and thereafter an
officers and directors shall hold their re
SpeCtiye offices for a period Of one year from
he date of their election, or until their
Successors have been duly elected i,
Any vacancy occurring On any voard 81
directors shall he filled by the remaining
members of said board for the uncXpIred
term. at a meeting called FOR mat purpose
after ten days prior written notice me III
rrctorS 80 elected 10 hold Office until me
next annual stockholders meeting, but Sh"hu
n hr impossible FOR any cause for any VA
caucy or vacancies in the board OF directors
to bee rllci 10y IN" directors, Such vacancy
or vacancies may be nlled by the Stockholm
erS at any meeting called Tor ihat purpose
by the president or in the absence or ma
hility of IN" president by any StochhoideE
upon giving ten days notice 70 cach anu
every >tockholder OF record Wh!ch h"llcG
may hr sent through the mail, and addressed
10 The last known address of the stOrkholder
Any and all directors meetings, the notices
for which are not herein SpeclncilIy pro.
Nllyl Tor, may lt called oN any bluN'l VI
this corporation upon ten days notice sent
by mail to each director At his last known
address.
Wherever it is provided in this act, that
either directors or stockholders meetings
may he held after certain prescribed notices
to the stockholders or directors, II IS under
stood and agreed that any and all directors
and stock holders meetings may be held with
out notice whenever lawful, provided an
stockholders or directors, as the case may
be- waive notice in writing. or are present
ia 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 so conduct, manage ana use the same
as in their discretion they deem best, ana
that is consistent with the OBJECTS OF Ihe
company and the welfare Of the same. The
board Of directors shall have power 10 make;
alter and annul such bylaws, rules ana
regulations for the government OF this cor
poration as Nhey 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
rarnd 10 be Alfred Il. Freeman, Wayland ).
Bedford and benjamin &. Brown, with the
said Alfred Il. Freeman as president, Way
land :. BickfOrd viCe-preSid"nt and Ben
iamin e. Brown as secretary-treaSurcr
The board of directors shall have power
10 appoint all agents. clerks and employees,
and TO fix their salaries, term OF Office ana
compensation. and the right 70 dismiss them
at said boards pleasure and said board
shall have the further right 10 nix and de
termine the salary OF the several officers
herein provided for.
Article VI-This charter may be altered
or amended or the capital stock Of the cor
puratiOn may be- Increased or diminished or
the corporation may he dissolved by vote
of thrce-fOurthS of the capital stock issued
Al a general meeting called for that purpose
according TO law, which meeting may be
called at any time by the president or in
case of his absence or disability, by any
other officer herein. and must be called upon
lie Of .st
of the stockholders Of record. Whenever
this corporation is dissolved either by lin
itatiOn or otherwise. its affairs shall be IL
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
be 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 effect
of rendering the charter null, or of exposing
any stakeholder to any liability beyond the
/ amount OF his stock.
Thus done and passed at my Office in New
| Orleans parish of Orleans, state of LOuiSi
! ana. on the day, month and year herein first
mentioned In the presence of MeSSrS. john
! May and Ashton Ducatel competent male
| witnesses. herein residing, who hereuntO sign
| their names. together with the said appear
erS and me, notary, after due reading Of the
! whole.
| Names Of original subscribers omitted
| Witnesses: John May A. Ducatel.
! CHAS. +. FLETCHINGER. Not Pub.
l, 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 666
| New Orleans, July 10, 1913.
| Signedl EMILE LEONARD, ID. Il.
! \ true copy.
! CHAS. +. FLETCHISGER. Not Pub.
| iuly 81 n aug IA 81 %