The herald. [volume] (New Orleans, La.) 1905-1953, 1913-07-10

rectOrS the directors shall be elected by bal
lot at an annual general meeting of the
stockholders, held after notice published In
one Of the daily newspapers of New Or
leans once week for thirty days. or by
written notice mailed to each stakeholder
at his last known address. The first OF the
said annual general meetings shall be held
on the first Monday in July, 1914.
At such meetings, every stakeholder shall
be entitled 10 cast In person or by proxy,
one vote for each share of issued and out
standing stock held by him, for the election
of each director. and the candidates whom
receive the greatest number of votes shall
be elected. The rules governing the annual
election shall be fixed by the Board of Dir
ectOrS at its first meeting.
If the annual meeting shall not be held
| on the day fixed by the Charter, II shall be
held as soon thereafter as possible, after
due notice given as above. Special meet.
| ings OF the board Of directors may be called
at any time. on the order of the president.
! The Board of Directors shall meet regularly
on the third Monday of each month.
The directors elected at the annual meet
| ing shall Immediately convene and elect a
| president and the other officers herein pro
! vIded for from their own number. All va
| cancicS occurring by death, resignation or
| otherwise among the directors. shall be
| filled by an election held by the remaining
| directors Each director shall. at the time
Of his qualification own at least three shares
Of the capital stock of this company.
! The board of directors shall have the pow
| er to elect or appoint such officers or en-
| pOyeeS "a ii MAY deem proper. and 10 fix
their compensation and the term OF their
! cmpIovment and to vest such of its powers
| in its officers or employees as 1t may deem
| proper.
At any meeting of the board of directors
any director absent from the city may be
| represented by any other director by writ
ten proxy, who may cast the vote OF the
| absent director upon the matters coming
before said meeting. Two CD directors
shall constitute a quorum for the transac-
| tion of all business.
And the board Is specially authorized to
buy, sell. lease. mortgage or pledge any and
! all propprty movable or immOv9be as may
| be necessary to conduct the business of this
company and to borrow money and to issue
| bonds and notes therefor secured or unSe-
cured. it may deem proper. and TO exc
cute such mortgages pledges or other Sc
/ curities a Ii NAV deem advisable to secure
money borrowed. And the board may dele
gate this. or any other power vested In us
officers without referring to the sharehold.
ers for authorization or ratification or said
acts.
The officers Of this corporation shall be a
president a vicc-president, secretary
treasurer and a general manager or super
intendent.
The president. the vice-president and the
secretary-treasurer OF the COMPANY shall
be stockholders. The other officers shaIl
not he required to own stock.
2 Within thirty 800 days after the signing
r hereof the stockholders shall meet and
X elect the first board of directors who shall
: hold Office until the first Monday in July
r 1914, or until their successors are duly
$ elected and qualified The board OF direc
= tors thus elected shall at Its first meetlns
] elect the officers of this company who shall
S serve the company until their successor
$ are elected and qualified
n Article VIlI.-This corporation may ~
: dissolved by the assent of three-fourths II
e amount of the issued and outstanding cap
: ital stock OF the company at genera
r meeting convened for such purpose afte
J. thirty DAYS notice shall have been givel
Lee pnaa NO hN
I newspaper published In the city OF New
u Orleans.
4 Article IX-whenever this corporation
shall dissolve, either by liquidation or 10
j any other cause. its affairs shall be liqui
5 dated its debts and liabilities paid an
/ the balance Of its funds. divided pro rat
: among its shareholders under the superln
e tendence and charge of three commissioner
: Of liquidation, to be appointed for this pur
n pose at a general meeting of stakeholder
y convened after thirty days prior motto
shall have been given as above provided
Il Said commissioners shall remain In oihc
/ until the affairs Of said corporation shal
!. have been fully liQuldated, and In the even
II Of the death of one or more members o
, said commissioners, or vacancy otherwis
Y occurring In their number, those who RENAL
I may continue to act as may fill such va
y | cancy.
n Thus done and passed In my office. at tn
!. city of New orleans, on the day, month an
u year herein first above written, in the pres
d ence of Gustave Blancand and Joseph Arm
d unto sign their names, with said appearer
{. and me, notary after reading of the whole
lie Original signed: G. II. Hollander an
r others. Witnesses: G.. Blancand Josep
y Armshaw.
II w MORGAN GURLEY, Not. Pub.
u I, the undersigned recorder of mortgages
le in and for the parish of Orleans state o
Louisiana, do hereby certify that the abov
D. and foregoing act of Incorporation of til
r Cane Products Company" was this da
X duly recorded in my office in book No. 1855
u folio -. New Orleans. La, July :. 1911;
" (Signed) EMILE ]. LEONARD ID. X.
III ] hereby certify the above and foregoin
10 TO be a true and correct copy of the oris
N nal act of Incorporation of the Cane Pre-
:; duets Company" together with the certif
II cate of the recorder of mortgages for III
10 parish of Orleans, hereto appended on I'll
Is and of record I'm my notarial Office In til
IN city OF New Orleans Louisiana.
Id W. MORGAN GURLEY. Not. Pub
<, july 10 II "a 81 aug IA 1918