The herald. [volume] (New Orleans, La.) 1905-1953, 1914-03-12

rules and conditions as the Board Of Dlrec.
/ tors may prescribe.
/ titled TO dividends, payable IN cash or other
/ wise, and to share IN the assets and funds
/ Of the corporation as the Board OF Directors
NAV declare or prescribe, and as It may deem
/ fhis corporation shall begin its operation
/ and business As soon as one thousand dollars
! CluooCu Of It's capital stock be subscribed
Article V The corporate powers Of this
. corporation. including the power TO make and
amend its bylaws, and the management and
! control Of its affairs. with power to issue
/ bonds aud other certificates Of Indebtedness
| shall be vested IN and exercised by a Board
| OF Directors, composed OF seven % stock.
/ holders, four a. Of whom. represented either
/ IN person or by written proxy, shall couSti-
! tute quorum for the transaction OF all busl-
ANY director in his absence from any meet
| ing Of the Board Of Directors, shall have
! the right 10 appoint in writing any other
| director as his proxy, with full power to act
| IL his stead az such meeting.
The directors shall be elected annually by
| ballot by the stockholders on the first Thurs
! d-y IN February Of each year but failure
| TO hold such annual meeting OF stockholders
! or TO elect directors officers Of the cor
! poratlon shall not be regarded as a forfeit
| ure Of this charter. In event of such failure,
! such election may be held thereafter as may
| be prescribed IN the bylaws of the corpora
| ton.
| All elections shall be held under such rules
| and regulations as may be prescribed by
| the Board Of Directors, and the directors
when elected shall continue in Office until
! the next regular annual meeting Of stock
! holders and until their success shall have
! been duly elected
Any vacancy occurring on the Board Of Di-
| rectors shall be filled by the remaining di-
/ rectors for the unexpired term.
Special meetings OF the stockholders of the
corporation may be held under such rules
and regulations as may be prescribed by the
| Board Of Directors.
At all meetings of the stockholders of the
| corporation majority OF the outstanding cap
ltal stock must be represented TO constitute
quorum for the transaction Of all business,
and each stakeholder shall be allowed TO vote
citner IN person or by written proxy, one
vote for each share of stock owned by him.
All notices of stockholders meetings must
9e be mailed at least ten days before the
date Of such meeting.
Article VI. The officers Of this CORPORA
| tion shall consist of President, a Vice Pres
ident, Secretary and a Treasurer The
othce Of Secretary and Treasurer may be held
Said officers shall be elected by the Board
| OF Directors at meeting of the board which
snail be held immediately following the cleo
tlon OF the directors. In event of failure
TO elect said officers at said meeting of the
| Board OF Directors, said election NAV be held
al any subsequent meeting Of the Board of
directors, and SAID officers when elected shall
continue IN office until their successors shall
| have been duly elected
Article VII. Until the annual meeting of
the stockholders to be held on the first
thursday IN February, 1915, and until their
successors shall have been duly elected. the
! ioiloWing named persons shall constitute the
board OF directors OF this corporation: +. NJ.
Gockrell. Jr, Eustace l. Williams. 7. Law
Boyd, Vim. b. Pcnck, Mark Edgerton. w NJ
Anderson, VIM. p. Luck.
immediately following the meeting of sub
SSr6ers at which this charter is adopted, said
Board OF Directors shall, without further no.
tice, hold a meeting for the purpose of adopt.
ing bylaws Tor the corporation, and for the
transaction Of such other business as it NAV
deem desirable or expedient
Until the meeting OF the Board of Direc-
toTs following said meeting of the stock
holders on the first Thursday in February
ILSlo, and until their successors shall have
been duly elected, the following named per
sons shall be the officers of this corporation:
+: VI. Cockrell, Jr, Presidents Eustace l.
Williams. Vice President; J. Jay Boyd, Sec
Rotary; VIM. b. Fenick, Treasurer
Article VIII. Liability of the stockholders
OF inns corporation for any contract OF faults
OF the corporation shall be limited to any
unpaid balance that may be due by them re-
spectively on their subscriptions
No mere informality in this incorporation
shall render this charter void, or expose
stockholders TO any liability beyond the
amount of their stock.
Article TX. This charter NAV be amended
or this corporation may be dissolved with
the assent of stockholders owning a majority
OF the outstanding capital stock at a meeting
In the event of dissolution of this corpor-
alton by expiration of this charter or other
wise, the affairs of the corporation shall be
liquidated by three stockholders, 10 be elect
ed at the meeting ordering such dissolution
and liquidation.
The subscribers hereto have set opposite
their respective names the amount of the
capital stock subscribed by them. and said
signatures shall be regarded as the original
stock subscription list of said corporation.
Thus done and passed, in my office, at the
City OF New Orleans, Louisiana, on the day,
month and year first hereinabove written, in
presence of Messrs. Percy L. Luck and 7. A.
Sinclair, competent witnesses, who hereunto
sign their names with said appearers and
me, notary, after due reading of the whole.
tOriginal Signed: J. J. Douglas, 100 shares,
by Eustace L. Williams; Archibald B. Young,
IS shares. by Eustace L. Williams; Max Z.
S,mons, s shares, by Eustace. L. Williams I;
Williams; F; NJ. Cockrell, Jr, Il shares; Eus.
tsee L. Williams, s shares; J. Jay BOYD, 50
shares; VIM; T: Luck, share; Louis NJ Lang
2 shares; Mark EgertOn; share, by F. NJ
by F. NJ Gockrell, yr.; Kendall Whittier, 4
shares, by F. NJ. Cockrell, Jr; VIM B. Pen.
lex, 20 shares, by Eustace L. Williams; w.
ams R6be2; M ssaFs; by Eustses L. Will
Eustace L. Williams; R. E. Hughes, 10 shares,
by Eustace L. Williams
L, Emile J. Leonard, Deputy Recorder of
Mortgages for the Parish of Orleans hereby
certify. that the foregoing charter of the Cock.
rell Manufacturing Company, Limited, was
this day recorded in my Office in Mortgage
Book lllo, Folio =
New Orleans, La, February lo, 1914.
(Signed) EMILE J. LEONARD,
Deputy Recorder of Mortgages.
hereby certify the foregoing to be true
and correct copy of the charter of the Cock
rell Manufacturing Company, Limited, and
OF the certificate of the Deputy Recorder of
Mortgages thereto attached.
New Orleans, Louisiana, February lo. 1914
ALEXIS BRIAN, Notary Public.
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