Lower coast gazette., 1914-06-20
annually, a board Of directors shall

Va SoSAA O.
!. en- only to stockholders by at leas
ten (1O) days continuous publication
Immediately preceding such e!ectio
in one Of the daily English news
papers Of thia city; and the board o
directors shall appoint one or nor
stockholders to preside at such elec
ton as commissioners. In the even
Of the failure Of any commissioner o;
commissioners to attend, the presiden
shall, by appointment, fill the va
cancy. Any failure from any cause
whatever to elect directors the da,
named for that purpose shall not dis
solve the corporation; but the direc
tors then In cf:iee, as we'll as the Off
GERS Of said company, shall hold owe,
until their successors are chosen.
In such event the President shall
cause another election to be held with.
in thirty days, and shalt give notice
thereof as hcrcinbcfore provided.
AT every election and meeting each
stakeholder shall be entitled to vote
for each share Of stock registered in
Ills name, and may vote by proxy.
The election Of directors shall be
BY ballot, and the ma ority in amount
Of votes cast, each share Of stock
voted upon to be counted for one vote,
shall elect the person or persons for
whom they have been cast.
After each election the board Of d.
rectors shall elect from their own
numbcr the officers of said company.
ARTICLE Y.
The toard OF directors shall! hare the
! full power to fill vacancies in their
number, caused by death, resignation
OF otherwise. from among the stock
holders Of the corporation.
The said board shall have full con-
troll Of the property Of this company,
and shall so conduct, manage and
use the same rs in their discretion
they deem fit, and that is consistent
9Th the objects OF this company or
the welfare Of the same.
The said board is further authorized
TO frame and adopt such bylaws,
rules end regulations IS the affairs
and business Of the corporation may
require, and as il may deem necessary
for the conducting and management
thereof; provided, the game shall! not
Conflict with this charter or with the
laws of the State or the United States.
The said board shall elect or APP
point a secretary and such other eff
GERS, agents, employees, servants and
clerks 9; II may deer. necessary for
the conducting Of The business Of the
corporation, term cf service, with the
right to dismiss them az ssid boards
pleasure.
ARTiCLEsvI !.
This eh..rter may be so changed,
modified or amended, the capital
stock increased or decreased, or this
corporation may. dissolve u. a. general
meeting Of the stockholders convened
Tor the purpose with the assent Of
t~hree-fourths Of tie entire capital
stock, whether present Or represented
at such meeting.
Ten days prior notice Of such
meeting shall be given in any daily
English newspaper published in the
city.
In casc Of dissolution CT terrnina-
ton Of this corporation, either by
limitation Of its charter or from any
cause, the liquidation Of it's affairs
shall be conducted by two commission
ers selected from the stockholders,
with like assent and at q meeting
called Tor that purpose, as above set
forth in this article.
Said commissioners shall remain in
office until the affairs Of said cor.
ro1ation shall have been fully llqu!-
dated. In case Of the death Of one
or moro of said commissioners the
survivor or survivors shall continue
to act.
ARTICLE VII.
The holders O.. ell or any part of
the shares Of the capital stock Of. this
corporation shall have the right from
time to time At their discretion to
create and form = voting trust.
ARTICLE VIII.
NO stocKao!der OF this corporation
shall ever be held liable or responsible
Tor the contracts or faults thereof in
any further sum than the unpaid bal
ancc due the company on the shares
Of stock subscribed for or owned by
him; nor shall any informality in or
gamzation have the effect Of render
ing this charter null, or Of exposing
q stakeholder to sny liability beyond
the unpaid balance, it any, Of his
Thus done and passed. at my notar.
office in the City Of New Orleans
the da:r, month and year herein