The herald., 1914-07-23

so,;a,io, shall be exercised bv board of
directors TO consist Of not less than fifteen
Stockholders, each Of them owning at least ten
shares IN his own name who shall be elected
nv the stockholders on the third Monday OF
January 1917 and annually thereafter. Any
director cea,iuc TO hold ten shares shall ipso
farto forfeit his seat on the board Of direc-
tors
Notice Of said election shall be given for
Ir. ~ .r. f.,i, 9Sr.rarrr, published in the
.r.,. OF New Orleans, said election shall be
ry ballot, and shall be held at the domlcilc
Cd, the corporation. under the supervision OF
three ,taeEhuiirr, appointed by the board Of
director, at the las, preceding regular meeting
-rrr-.f who are not candidates for election.
The shareholders receiving a majority OF the
votes cast shall be declared elected.
The failure % hold an election oU The days
specified shall not dissolve the corporation,
/ nu, the directors lu of-.r shall hold power
.r,rI ar election 70, held after ten day, notice
/ Of the time and place thereof.
/ a president. vice president. SECOND vice pre>l-
/ dent. secretary. Treasurer. which last Two Of
| uors may De held hy one person. They shall
appoint such other officers ard ,mpluye~ As
/ nav ,r necessary. who shall hold uarr dur-
1 ug the pleasure of the board They shall TX
I rrr compensation af all Officer, and cupIoye,,
and the. shall have r,~r- 90 enact bylaws
/ r.r rrgugnaur o. TIN, charter. ,' select place
/ 81 lrra...g ,n suspend ANY officer 10y neglect
laf du,v or misconduct. and lu case II any
/ ,ar.r.v u- the board among the u.tCcr. from
! tn r,.,.,g,,,.r r..--..yai n- ,-v Other
cause. the directors shall have the night q"
..fl ~.rl vacancy. and shall have general a.
! rE.rriy 90 u.'ry nwt 'Hc object a,t HuS,"cs"
| Hf the association. But they shall not have
/ power o. purchase real estate tor cash, nor
/ ro ,out.ae, aud Indebtedness, without the Al.
! truaisyr vote 90 a. least five directors. and
/ p-.r,. .-,,rr-~ OF the association. Five dl-
rr,,u-- shall constitute Cd quorum AZ all meet
| rug, of the board
| Article NI-Thc following named persons
|. ..f' ....- o.
/ ru -rry. until their Successors arc elected, ~
| accordance with this charter. VIZ. Rev. Pierre
| I.a0iy, Frank +. Anderson. Rev. :. +. heroy.
| tr-ar.r g. Barnes. Rev. JOS. MDrch"ad, {. I.
| Carney J. J. Johnson. Rev. i. ID. Diamond
| Nose l.. Wilson. Arthur Henderson, Edw.
/ Foster. Alex Hrg'e. Freeman Nalkcr, Alex
/ Wilson and \. +. Johnson. with the sald
| Pierre Landry a., president; Rev. : +.
! PIcr,y a, nr,t wee president: Rev. F. ID.
/ Diamond. a, second vice president; +: T. An
| drr>on. as third vice president. and a. +.
! Shall hold office until the th'rd Monday Of
! January, l9l7 or until their successors shall
This corporation shall commence bnsines.,
A, soon as i've thousand dollars $500 cash
shall have been paid IN.
! Article VII.-Spccial meeting OF the share
| boiders shall be convened by the president at
the request m writing Of ten shareholders,
/ stating the name and object Of such meeting,
or when ordered ~ the directors
| Article NIII-No Stockholder shall ever he
held liable or responsible FOR the contracts
or faults Of this association in any further
| sum than the amount Of his Indebtedness TO
| the association: nor shall any mere iufor-
| maIity IN organization have the effect OF rem
| dc~rng this act null. or Of exposing A share
| holder To- any liability beyond the amount OF
| his o~ her shares.
/ Article lN.-Ths charter may be altered,
/ amended or modified. or this corporation dis
! solved by a vote of three -fourthS OF the capI-
tai stock represented ~ a general meeting
of the Stockholders called for that purpose
| ,,..T..e valid ., each sharPLglIe-
! and the publication Tor ten days IN a daily
newspaper OF the notice Of such meeting. And
in case Of dissolution the stockholders at
such meeting shall elect three commits s~ioncrs.
who shall have entire charge Of such lquida-
tiun. and such commissioners shall have au-
,hority to mi vacancic, occurring in their
| number.
! Thus done and passed in my ro'ariaI Office
! At New Orleans aforesaid in the presence Of
William A. Wrnck and Edgar 6. Gould, com.
pctent witnesses of lawful age and residing
| names, together with said appears and me,
caption hereof.
Original signed: J. ]. Johnson. 10 shares
| A F. Johnson. 10 shares F. Anderson, 10
shares: G. W. +. Kendall. 10 shares; Victor
! Augustine, ID shares: Rev. Joseph Norchead,
! u shares: Nelson Hogan (N his mark. II
shares: Alex Tngle tN his mark, 10 shares
| Fred Cole * his mark, 10 shares; Alex Viii
! son x his mark, 10 shares; Alfred White
| x his mark. 10 shares; Sarah Olaude,
shares: Mrs Mary 7. Donuan. ) shares; Hen
rietta Lanis. % shares; Pierre Landry: 10
| sL,-.s. 4 { Carney ~ sba-rs. II Glenn.