The herald. [volume] (New Orleans, La.) 1905-1953, 1914-01-08
THEHEKALD

vable; to accept mortgages. pledges or other
forms of security for money loaned or other
debts; to erect all buildings and machinery
and other appliances necessary to carry out
the objects and purposes OF this corporation,
and generally to possess all the powers and
privileges which corporations are and may
hereafter be authorized 20 possess under the
constitution and laws of this state
Article II of said charter was amended so
as to read, as follows:
Article 1.-THE objects and purposes for
which this corporation Is established are here
by declared To be that Of purchasing vacant
or improved real estate. IN this city and else
where and OF constructing thereon and main
tanning and conducting brewery or brewer
res or 10 purchase, lease or otherwise hold or
acquire a brewery or brewcrIeS already in
operation. and to manufacture. brew, bottle. |
buy, sell and generally deal in lager beer and |
all kinds OF ale, beer, porter and other malt |
liquors or beverages, and 20 sell all the pro- |
ducts and by,prgducts Of such brewery or ]
hrcWerlc~. to deal IN malt and hops and the
products thereof. and in all other materials !
used in connection with the bushes, OF man |
ufacturing the beverages aforesaid; to buy. !
sell. lease or mortgage real estate: 10 buy, I
purchase, acquire. own, hold, sell and dispose |
of. and generally deal IN the stocks, bonds, |
securities or other evidences OF Indebtedness
OF any corporation, domestic or foreign, and
to hold same either as owner or as trustee for
its stockholders. and while holding same, to
possess and exercise IN respect thereto all the
rights. powers and priv leges OF individual
owners thereof: to make loans and advances,
either with or without security of any kind;
10 guarantee and endorse the notes, bonds,
securities obligations and accounts of other
corporations. firms and individuals. so far rs
necessary and proper in connection with its
business, 20 carry on any other business
which under the law 1t may be entitled To
carry on which may seem To- the corporation
to be calculated. directly or indirectly, to
cfcctuatc the aforesaid objects, or either of
them, to facilitate It in the transaction OF
ITS aforesaid business or businesses, or any
part thereof; or in the transaction OF any
other lawful business that may be calculated,
directly or indirectly, to enhance the value OF
or to render profitable any of the companyS
properties and rights; and generally to hold
and exercise all such incidental powers and
privileges as relate to the objects and pur-
poses hereinbcforc set forth or as may he
necessary or useful for etcctng the said oh
Article " Of said charter was amended so
aS to read, as follows:
Article lN.-"An the corporate powers OF
| tins corporation shall be vested in and eXer-
cised by, and all its business shall be man
| aged by board of directors. to be composed
OF nine stockholders, majority Of whom shall
| form a quorum to transact business, and each
1 OF whom shall hold in his own right at least
! ten QOl shares OF the capital stock OF this
! corporation. On the third Wednesday of
| January, 1915, and on the third Wednesday
/ of January of each succeeding year, an cleo
| ton for the nine directors of this corpora
| ton shall lie held at the office OF the corpor-
| alton in the city OF New Orleans, of which
election Al least ten days notice shall be pre-
vIously given by advertisement in one or
more daily newspapers of general circulation
published in the English language, in the
| city of New Orleans. The voting for drec-
| tors shall be by ballot and each and every
! stakeholder shall be entitled at all elections
either in person or by proxy, to one vote for
! each share OF the capital stock of the COM
pany which shall have been standing in his
name the company's books for at least
| ten Q0) days prior to the date of said cleo
one vote for each share voted shall be re-
| CURED to elect.
"A failure from any cause whatsoever to
hold said annual election, or to elect direc-
| tors, the date above specified, shall not
dissolve the corporation, but the directors
and officers then in Office shall hold over un.
til their successors shall have been elected
| and qualified at the next annual election.
| Each board of directors so elected shall
| enter upon the discharge of their duties on
| the first Wednesday following their election,
their number president, three vice presi-
dents and secretary-treasurer who may,
| but need not be, either a director or stock
holder and the board of directors shall fix
| their respective salaries and define their
| duties; If any officer should die, resign or
sell his qualifying stock during his term of
office, the board of directors shall elect his
successor as soon as the vacancy on the board
| be filled as hereinafter provided
If any director of this corporation shall,
| during his term of office, cease to hold in his
ital stock of this company, the board of d.
| rectors shall declare his position vacant, and
| in case of a vacancy on the board from SUCH
or any other cause, or in case of the death or
| resignation of any director before the end of
| his term of office, the board of directors shall
| I'LL the same by electing thereto from among
| the stockholders one having the proper quail
| lhcations, TO serve until his successor shall
have been elected at the next ensuing annual
| election and shall have qualified"
| Article V of said charter was amended so
as to read, as follows:
Article V.-"Except as to the increase or
decrease of capital stock, which must be done
IN the manner and form required by law,
this act of Incorporation may be changed,
modified, or altered, this corporation may
be dissolved with the assent of two-thirds of
| the stock represented and voting (Which two
| thirds must be majority in amount of the
whole of the capital stock of the company
then outstanding at any general meeting Of
the stockholders convened for such. purpose
after thirty 900 days previous notice shall
have been given by advertisement in one or
more daily newspapers of general circulation
published in the English language in the city
OF New Orleans. In event the dissolution of
the corporation is voted, the commissioners
provided for in Article VIII hereof may be
elected. if so desired, at the same meeting at
| which the dissolution is voted"
Article VI of said charter was amended so
as to read, as follows:
! Article VI-"Until the next election for
directors shall be held and their successors
shall have been duly elected and qualified,
the following named persons shall constitute
the board of directors, and they are hereby
invested with all the rights and powers there
unto belonging, and empowered generally to
do and perform, as we'll, all things not herein
specially provided for which may be neces-
sary to carry into full effect the objects and
purposes of this corporations: Lawrence Fa-
bacher. Adolph Dumser, Joseph Melcher, An.
tony Frey, Albert Fabacher, Peter Fabacher
John w. Fairfax, Lawrence B. Fabacher
Gustave Oertling, with Lawrence Fabacher as
president, Adolph Dumser. Joseph Melcher
and Lawrence B. Fabacher as ce-presidents
and Gustave Oertling as secretary-treasurer'
Article VII of said charter was amended Sc
as to read, as follows:
Article V1.-"No transfer of the capita
stock of this corporation shall be binding upor
this corporation unless recorded on the book.
thereof and made pursuant to and in accord
ance with its charter and bylaws"
Article VIII of said charter was amended
SO as to read, as follows:
Article Vll1.-"Upon the termination of th
/: charter by limitation, or upon the dissolution
of this corporation. the business and affairs O
the corporation shall be liquidated according
. to law by three commissioners, who shall b,
. elected from among the stockholders by ballo
, at general meeting of the stockholders con
vened for that purpose, after thirty (30) day
previous notice shall have been given by ad
: vertisement in one or more daily newspaper
! of general circulation, published in the Eng
: lish language in the city of New Orleans, AM
said commissioners, when elected, shall fur
nish bond, with good and solvent security
in amount to be fixed by the stockholders a
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