The herald. [volume] (New Orleans, La.) 1905-1953, 1914-09-10

five 81 and not more than nine o. stock
holders, a majority Of whom shall constitute
quorum for the transaction OF all business.
The directors shall be elected every year by
ballot OF the stockholders, on the first Mou'
day of February beginning in the year 1915.
Each stakeholder shall be entitled IN person
or by written proxy, to one vote on each
share OF stock owned by him and standing
in his name on the books OF the corporation.
All elections shall he held under such rules
and regulations may be determined by the
board Of directors, but, after legal notice OF
such elections shall have been given to each
stakeholder by mail sent to his last known
address by publication in one OF the daily
newspapers published in the English Ian
guage in the city OF New Orlenas, tor at least
ten COD days preceding such election. Inc
directors thus elected shall continue IN office
until their successors shall have been duly
elected and qualified. No failure 10 elect
shall be regarded as forfeiture OF TINS char.
ter ANY vacancy occurring on said board OF
directors shall be hlled by the remaining dl.
rectorS for the uneNpircd term. SAID board
Of directors shall at its first meeting after
it's election, elect from its members, presl-
dent, one or more Independents, secrc-
tary, a treasurer and a manager. 1t may
combine the oftce OF secretary and treasurer
into one and may even elect a secretary, one
who reed not be stakeholder or director.
Said board of directors shall have the night
and power to appoint and dismiss such clerks
and employees Of the corporation, including
the secretary, who IS not stockholdGr OF III
ness of the corporation may require. Inc
tenure OF office of all the employees OF the
corporation shall be during the pleasure OF
the board Of directors. The board of directors
may from among its members appoint an eX,
ecutive committee which said committee shall
consist of three 90 members, including one
of the officers OF the corporation, and the board
Of directors may delegate such managerial
powers as il deems necessary to the executive
committee which said committee shall report
at each meeting of the board OF directors. The
said board of directors may name and appoint
such other committees II may deem neoeS'
sary for the purposes OF the business OF TINS
corporation. -
All as will appear from certified copy OF
the resolution of the meeting OF said stock,
holders hreinabove referred to, hereto annexed
and made a part of this act.
Thus done and passed in my office IN the
city of New Orleans, La, on the day, date
and year hereinabove hrst written, IN tht
presence of Messrs VIM. A. Conkerton and
Herbert A. Movers, competent witnesses, who
hereunto sign their names as such with tht
said appearers and me, notary, alter due
reading OF the whole.
Original signed: A. J. Olivier, president
John X. Perez, secretary.
Witnesses: Herbert A. Movers, VIM. Con
kerton.
THEODORE A. SCHUYLER, Notary Public
|, the undersigned recorder of mortgages II
! and for the parish of Orleans, state OF LoulsI
ana, do hereby certify that the above an'
| foregoing act of Incorporation of the Algler
Distilling Co. as amended was this day dull
| recorded in my office, in book ll2I, folio 81
| New Orleans August 10Th, 1914.
(Signed EMILE ]. LEONARD, ID.
| true COPY of the original.
THEODORE A. SCHUBER, Notary Public
aug u sept ) 10 II "a oct /