The herald., 1913-09-04

Notice of such election shall be given by
the secretary of the company by publication
for not less than ten days prior thereto in
newspaper published in the city Of New
Orleans.
At all such elections and at all corporate
meetings, every stockholder shall be entitled
to one vote for each share Of stock stand,
ing in his name on the books OF the com
pany, to be cast IN pei son or by his written
proxy, and majority of the votes cast shall
elect.
ANY vacancy occurring among the direc-
tors by death, resgns ton or otherwise, shall
be filled by election for the remainder of
the term by the remaining directors.
A failure to elect directors on the date
above specified shall not dissolve the cOrpor-
alton, nor impair its corporate management,
but the directors then in Office shall remain
in office until their successors are elected and
qualified.
Two directors shall constitute a quorum
for the transaction Of any business.
The board of directors shall elect from
their own number a president and vice-pres-
ident. They shall also elect secretary
who may or may not be member of the
board. They may, from time to time, name
and appoint all such other officers and agents
as NAV be deemed necessary for the pur-
pose and business of the corporation. They
shall have power to fix and define the du-
ties of every officer and employe. and all Of
ficers and employees shall hold office and en-
plOyment at the pleasure of the board The
board may make and establish, as well as
alter and amend, any and all bylaws, rules
and regulations necessary and proper In Its
judgment for the conduct support and man
agement of the business and affairs OF said
corporation.
The board shall have full power and au-
thority to borrow money, to execute mort
cages and to create liens; TO issue bonds.
notes. and other obligations. and generally
to do all things reasonable, convenient and
necessary for the proper carrying on OF the
business of the corporation. 1t Is author
lied to acknowledge the rights Of those with
whom II will transact business 1t Is au-
thorized to acknowledge all privileges: ven
doris privileges and others.
The board may issue fullpaid shares Of
stock for cash, or in payment OF labor done
or property actually received by said cor
poration.
Each director shall have authority to ap.
point In writing a proxy TO represent him
at all meetings Of the board.
Article vI-whenever this corporation
may he dissolved, either by limitation or
from any other cause, its affairs shall be
liquidated by three commissioners, to be
appointed from amongst the stockholders at
general meeting of the stockholders con-
vened for such purpose, of which meeting
notice shall be given In the manner and time
provided for stockholders meetings by Arti-
Gle VII of this charter, and a majority in
amount Of the capital stock Of said CON-
pany represented at such meeting shall be
requisite to elect. Said commissioners shall
remain In Office until the affairs of said cor
poratiOn shall have been fully liquidated. In
case of death of one or more Of said COM
misslOners the vacancy shall be filled by
election by the surviving commissioners.
Article vIL-This act of Incorporation
may be modified changed or altered, or said
corporation may be dissolved with the assent
OF three-fourths of the capital stock repre-
sented at general meeting of the stock
holders convened for such purpose, and after
notice shall have been given in one or more
newspapers published in the city of New
Orleans, once a week for four weeks pre-
ceding the meeting and by a written notice
to each stakeholder mailed to him thirty
days prior to the date of meeting, at the
post office address designated by him in
writing.
Any change proposed or made ia refer
ence to the capital stock shall be made in
accordance with the laws of the state Of
capital stock Of corporations
Article VIlI.-No stakeholder shall ever
be held liable for the contracts, debts or
faults Of said corporation In any further
sum than the unpaid balance due the cor
poration on the shares Of stock owned by
him, nor shall any mere informality In or
ganization have the effect Of rendering this
charter null, or of exposing stakeholder
to any liability beyond the unpaid amount
remaining due on his stock.
Article IX.-Chas. III. Cans, Silas l. Hy-
man and s. L. Hitler have been chosen and
selected as the first board Of directors of
this corporation, with Chas. III. Cans as
president. Silas /. Hyman as vice. president
and S. L. Hitler as secretary, to serve as
such until the second Monday In October
1914, or until their successors shall have
been elected and qualified.
The subscribers hereto have respectively
written opposite their names the amount OF
stock In this corporation subscribed for by
each Of them. so that this act Of incorpora.
tlon may tlso serve as the original subscrip-
ton list Of said corporation.
Thus done and passed at my Office In the
city Of New Orleans, In the presence OF
Messrs. E. NJ. Robert and c. W. Mcdonnell,
competent witnesses, of lawful age, both
of this city, who hereunto sign their names
with the said appearers and me, notary, on
the day and date aforesaid, after due reading
of the whole.
Signed: Silas I. Lyman, 10 shares; Chas.
III. Cans, 10 shares; s. L. Hitler, 10 shares.
Witnesses: E. NJ. Robert, c. W. Melon
nell.
SCOTT z. BEER, Not Pub.
l, the undersigned recorder Of mortgages
In and for the parish Of Orleans, state of
Louisiana, do hereby certify that the above
and foregoing act of Incorporation of Union
Land Company" was this day duly recorded
In my office, In book 1888, folio =.
New Orleans. La, August T. 1913.
EMILE J. LEONARD, D. r.
State Of Louisiana, Parish Of Orleans
!, the undersigned authority, certify that
the above and foregoing is a true and cor
rect copy of the original act Of Incorporation
Of record In my current notarial records,
with the names of the subscribers thereto,
and the certificate of the recorder of mort
cages thereon.