The herald. [volume] (New Orleans, La.) 1905-1953, 1914-11-19
tnue to be given until an election is held A


business. majority OF the shares Of stock
present or represented. shall constitute quo
rum for the transaction Of any business at tn
stockholders meeting. No persons shall b.
eligible 10 any Of the offices enumerated here
in or to any membership on the governing
committee unless he own, and has TeEiStcr,I
IN his name, on the books OF the company
1t least one share OF the capital stock. Ih'
governing committee may make and establish
IS well a> alter and amend any and all By
! laws, rules or regulations necessary aut
proper for the support and management; OF saIC
| .JIp~ratl1- and tor the regulation OF the con
| duct Of members and the cause Of expulsion
not inconsistent with this charter.
Sad governing committee shall have th'
power and authority to borrow money, aut
| through the president or some other duly
| authorized agent or agents, 10 exc ute mort
cages, issue notes or other obligations, and
! generally to do all things reasonable and nee
| cssdTy for the proper carrying out Of the OBJ
| Jccrs and purposes Of the corporation. As also
| 10 issue and deliver full paid shares OF stock
| or bonds or obligations Of SAID corporation N
| payment Of labor, or Of money borrowed, or
| for property actually received by SAID cor.
| pyTatICu.
Article VI.-The officers Of this corporation
! shall be president, vice president, secre-
| tary, treasurer and a captain. In the by
| laws OF tins corporation, the governing com
mr,tee may psovde for such other officers as
| they may deem necessary. The following
! named persons are hereby declared as mem
| bcrS OF the governing committee and otnccrS
until the election and qualification of their
successors, to-wit. Renee f. Clerc, president ;
X. Batson, vice-president; W. II. Williams,
treasurer; W. II. Williams, secretary; Paul
DOullut, captain; VI. Il. Doullut and {. Mer-
cIer. The powers and duties OF the said ott-
GERS shall be such are CuNtOmarIly enjoyed
and exercised by those holding like positions
and such as may be prescribed by the by
avs OF tins corporation.
Article NII.-CertIhcates OF the capital stock
shall be executed by the president and Sec
rctlry, nudrr the seal OF the corporation. No
certificates shall be issued until the stock
evidenced thereby shall be fully paid Ccrt!-
acates Of sand stock may be transferred on
he books OF he company under such terms
and conditions as the bylaws shall! provide.
There shall be printed or engraved across the
face of each certificate OF stock the following
words: This certificate has been ISSUED and
shall ho held subject 20 the provisions ot The
charter and bylaws OF the corporation.
No transfer or sale OF stock shall be made
by any stakeholder until the corporation snail
have been offered said stock for sale. and It.
fused to purchase same. The corporation shall
nave The first night 10 purchase all stock
fercd Tor sale, which option 10 purchase IN
favor OF the company shall exist for period
Of Atteen days, after such stock shall have
aecn offered IN writing to the corporation as
being for sale.
Article NIII.-Whenever the said corpora
ION IS dissolved either by limitation or from
any other cause, It's affairs shall be hquida'cd
Dy three commissioners TO be appointed from
among the stockholders III Il general meeting
% the stockholders 10 he convened for that
. NIlh~t, dlttT lN'IlN days PRIOR notice ~
publication IN one Of the daily news papers.
published IN the city of New Orleans. and
with the assent OF majority OF the capital
stock. The sand commissioners shall remain
office until the affairs of the corporate
shall have been fully h4uidaicd. and in the
-ase OF the death Of one or more OF the said
commissioners, the survivor or survivors shall
lee; a successor or successors from among
he stockholders. The compensation 20 lie
cCclved 10y the said commissioners shall be
HNed by the stockholders At the time ii their
appointments
The said commissioners shall have full pow.
cr and authority % collec, any and all
moneys, obligations, bills ard accounts dse
he SAID corporation and receipt for the same;
20 sell at public sale after legal advertise
ment by publication IN At least one newSpa-
per, published IN the city OF New Orleans, |
parish OF Orleans, Louisiana, any and all Of
he assets OF the said corporation whether
movable or Immovable, and upon such terms
and conditions as they may deem proper, and
10 execute good and valid title therefor, |
without the intervention OF q court OF JuStISu, |
or without being thereby empowered; 10 pay
he debts OF the said corporation and distr- |
butte the residue OF the funds which may re- |
main IN their hands among the stockholders |
IN proportion to the interests OF each and TO |
make a nnal report Of their administration az |
a meeting of said stockholders to be called |
by the said commissioners or by the stock |
holders themselves in the event OF the fail |
ure OF such commissioners 10 call such meet |
ing. len tlW days notice OF such meeting |
shall be given TO all parties in interest by |
pubicauon IN newspaper, published IN the |
city OF New Orleans, louisiana, and written
notice thereof, shall be delivered TO each |
stock holder, either III person by mail to
his last known post office address, as shown |
by the books OF the company, the said pub. /
lc3tl9n and written notice giving the place
and date OF such meeting.
Article Minis act OF Incorporation may
De changed or modified, the capital stock NAV |
be decreased or increased the said corpOr-
alton dissolved with the assent OF the three
fourths OF the capital stock represented at a |
special meeting of the stockholders called Tor
that purpose, after thirty days prior notice by
published in the city of New Orleans, Louisi-
ana, and after observance OF all statutory re-
OF the state OF Louisiana in con-
nectlon Herewith.
Article Mo stockholder shall ever be
held liable or responsible for the acts, con- |
tracts or faults of this corporation in any fur. |
her sum than the unpaid balance due or that
nay be due the company on shares of stock
le!d by him: Nor shall any informality OF
rs organization render this charter null or |
have the effect of exposing any stakeholder
20 any liability beyond such unpaid balance
Tue on his stock Stockholders, who are mem
oers OF this club, shall be liable for the an.
1ual dues fixed and determined by rules
md regulations to be adopted by the govern.
ng committee. This liability for annual dues |
shall continue until such members shall have
esigned from membership in accordance with
uleS, also to be established by the governing
committee.
Article Nl.-The ownership or possession of
snare OF stock IN this club snail not entitle |
ne holder or owner to enter upon the prem |
ses OF ENJOY the benefits OF this club. In
rider to become q member of this club each |
'erson other than the original incorporators, |
must be hrst elected to membership in the
,lub under such rules and regulations as the |
governing committee shall adopt, and any
stakeholder not so elected shall not |
'nJoy the dement's or enter upon the premises
Il the club.
Article KILN all matters and things re-
atlng TO this act OF Incorporation, Act No |
- OF the &c neral assembly of the state of
~oulsiana for the year 1914, shall govern.
Article AIll.-This charter shall serve as
ne original subscription list, the undersigned
'cing the original subscribers to the capital
took of this corporation. in the amounts and
or the number OF shares opposite their re-
pective Names
The names and post office addresses of the
u6scrIbers hereto are contained herein.
thus done and passed in my notaril Office.
n the day, month and year first hereinaboye
written, IN the presence of c. A. Hermann
M l.; +. Bryant, Jr., competent witnesses
lawful age, who have signed this chartre,
1lth Sald appearers and me, notary, after
eadng of the whole.
Signed: William II. Williams, ten shares.
55Io Coliseum, n. o., La; c. b. MERCER, ten
Mares 5Si9 Carondelet, n. o., La; Milton
'aul Doullut, ten shares, 400 Egania, n. o..
"a. Rene +. Clerc, ten shares, 1928 Ottawa
: ", La; X; Batson, per n. p. Hatten, ten
mares, Hlllsdale, Miss; Paul Doullut, ten {
hare, 500 Egania, n. o., La
Witnesses: c. A. Herman, L. P. BRYANT T. ,
ARTHUR b. LEOPOLD, Notary Public, ,
l. the undersigned deputy recorder of mort. ,
ages, IN and for the parish of Orleans, state
I Louisiana, do hereby certify that the above |