The herald. [volume] (New Orleans, La.) 1905-1953, 1913-03-13
THE HER AID

a stockhOlder in this corporation, the ma
iority of whom shall constitute quorum
Tor The transaction of all business, anu a
ma iOrity vote at any meeting shai N
all questions voted upon. , ,,our
Said directors shall be elected anhuallg
from the stockholders, on the hrst Iuesu'it
of April in each year, alter une ~ e,ch
said meeting shall have been given 10 eacn
stakeholder, sent by mail TO his last known
address. ten 11O) days prior to the holdlns
of said election, which said notice OF an!
other notice required by lhls chaI'ei' "'"'
he waived in writing. II,
Al said election, and AT all other meetings
Of the stockholders, the vote ShalI pE u!
ballot. and each share OF stock shall ~
owner in person or by written proxy. Inc
majority of stock voted at any STOCKHOLDERS
meeting shall decide all questions 'o'eu
upon, except as otherwise provided. IL
Within one 1D week from their election
rs above provided for, the board of directors
shall elect from among their members Il
president first yce-preSldent anu SeColu
vice president they shall also elect secEe-
tary-treaSurer who may or may not DE
member Of the board or a stockholder, AT
| the discretion of the members OF Inc DoarI;
| All the said officers and directors slali
| hold their respective offices Tor a p'rIou
| Of one Cd year from the date OF their eIec-
ton, or until their successors are dul!
THE term of the first board Of directors
| and officers herein named, snail expire ON
| .AUrl &, 1914, or until lllttl ShNNN'''A'
duly elected as herein provided for. Bul
| the failure to hold an annual election OF
| to elect the officers, as above PROVIDED IoI
| shall not result in the dissolution Oh tnIS
| corporation, but the then board OF directors
and officers shall &c!t their respective Oinces
until their successors are duly elected.
| Any vacancies occurring on said board oil
| directors shall be filled by the remaining
members of said board for the unexpiret
| term, at a meeting called for That purpose
after ten days prior notice in writing SEN
by mail to said directors at their last KNOW
address, and If the said board fails 10 elec
AT said meeting then the election may D'
\ made by the stockholders at a special meet
| ing called for that purpose In the manheI
herein provided for the election or directors
The said board Of directors shall nav
the power to make all bylaws, rules ant
regulations for the proper management AM
conduct OF the affairs Of this corporation
and to change, alter, amend, or aDOllSh IN
same at pleasure, and shall nave ana eAel
! else all the powers conferred by law OF
/, this corporation and as set forth IN Uni
charter.
, | The said board of directors may also de-
= egate any OF said powers in the TRANSACTION
T Of the business of this corporation 10 CON
; mittees of their own body, or to the Ofhcer
- and agents OF this corporation, and san
board shall have the right TO suspend o
remove any employee at pleasure.
All the employees Of this corporation
except those holding the offices of prcsiden
T and vice-presidentS, shall be considered a
r employed by the month, unless OtherwlS
= specially contracted with in writing.
| The first board of directors Of this corpOl
, alton is hereby declared to be: W. b. Gill
can, New Orleans, La. Newton X Wilson
Beaumont, Texas; Buckner Chipiey, Me-
p Orleans. la. VI. J. DAILY, New Orleans, la
p with the said W. Il. Chilean presiden
7 and the said Newton Il. Wilson as LIST Ylc'
0 president and the said Buckner Chipley d
, md vice-preSident and the said J. \. IaylC
: as secretary treasurer. who shall hold the
| "a
r duly elected and provided for.
5 1t shall be the duty of the president
this corporation, or in the event OF his I'M
o biity or failure to act, then the duty
d vice-president, to call a special meeting {
! the board of directors or the stakeholder
: on a written request TO that effect, slgne
! by two or more directors, or upon the wri
: ten request of ten per cent of the stoC
ARTICLE VI
;. This corporation may be dissolved
l. vote of three-fourths (3-4) of the capit
r stock thereof, at a general meeting cOnveg,
for that purpose in the manner as abo'
provided, for the calling of the meeting
D. held annually for the election of board
IS directors, except that in that event nOti
II in writing shall be sent to each stOckhold
e thirty 900 days prior to said meeting
e his last known address. Whenever this CO
l. pOratiOn is dissolved, either by limitation
n otherwise. its affairs shall be liquidated
l. three liquidating commissioners TO BE- elect
at such general meeting and in the case
death, resigna ton, or inability TO act of al
d of the said commissioners, the Survivtl
commissioner or commissioners shall appoi
successor and together they shall contin
the liquidation to its termination.
= ARTICLE VII.
This charter may be changed or amende
T. and the capital stock may be increased
diminished, by a vote OF two-thrds O.
T of the capital stock issued at a general me,
ing called for that purpose, after thir
600 days prior notice in writing hayi
If been sent to each stakeholder at his la
~ known address.
= No stakeholder shall ever be held lial
"A or responsible for the contracts or faults
"a this corporation in any further sum IN
Y unpaid balance due the company on I
n | shares of stock owned by him nor shall a
70 mere informality in the organization here
no have the effect of rendering this char
al null nor of exposing any stakeholder TO a
n. liability beyond such unpaid balance III
70 may be due on his stock.
Ga Thus done and passed, in my Office, in I
M city of New Orleans, state of Louisiana,
he the day, month and year herein first abe
We mentioned, in the presence of Alfred
az Preston and Joseph Armshaw, compete
90 male witnesses here residing, who hereur
nd sign their names, together with the 81
1r- appearers and me, notary, after due read
al of the whole.
a. Original signed: Newton r. Wilson,
% J. DAILY, W. Il. Chilean, Buckner Chipley,
ms j. A. Taylor. A. ID. Preston, Joseph Al
cir shaw.
E" W. MORGAN GURLEY, Not Pub
i, the undersigned recorder of mOrtga1
no In and for the parish of Orleans, state
All Louisiana, do hereby certify that the alb,
of and foregoing act of Incorporation of
az "Merryyille Naval Stores Company was I
,se day duly recorded in my Office in book
Ali 10SS, folio No. -.
or. New Orleans La, March s, 1913.
nd (Signed) EMILE LEONARD, ID. r
.at | hereby certify the above and forego
he TO be true and correct copy of the origi
IN act of Incorporation of the 'Merryville
ev val Stores Company" together with the
Use llncate OF the recorder OF mortgages Tor
AL parish of Orleans, hereto appended, on
ms and of record in my nOtarial Office in
10 city of New Orleans. Louisiana.
fol W. MORGAN GURLEY, Not. Put
.rs march 13 20 % apr 10 II
re CHARTER
CO. OF THE DOBARD WINE AND LOU
- | COMPANY. LTD.