The herald., 1914-10-15


labor and SERVICES rendered % ;hc corpora
ttoH.
Said capI,.l stock may be increased from
mae TO ,r-.r. ., tE, ,.,-r Of INV l..-s..rl
dollars
Ar,rp.c N.-Au of the corporate qory,r. COL.
sa.G computation, .g-Ir H. vested All .r.H ,.s.,.-
....rF f r..-l a. d--,.-.-. .....,..... .-
ave. >.a.zl..G.-s. 10 h, cr,,.ri ,.....I... ..
.tr stockholders Hy ballot nv .tu ,a..H VI .-.
F7y az I.-- of each yr.r fH, r-.- ........-. g..
Ir ~ II. %.sir, y r..5 --,I..., r.r ..'
elections shall ac delivered. gcrs r..ly o- o.,
t4r- be-: 81. sa,a we,tu.
Al election, '.- directors shall Pee lv .a,' p,
and d, every election each s,r,aa.1I,r ,hs.
a, entitled ~ r,.-..- .r E.. f.-.,y ., ..-,
uv. votes ..r every ,a.l, af s'1s, ',N.,G ry
him which vote nav 6,. al cast ,.- ..., De.
SON. or may Fr divided and cas-. f.. tH' .-
r. ne Persons. s> .a, ,na-rho.,,- may see .,.
and the I've stockholders rt-e!ylrg 3D.. great.
est number at v..-s ~ each election >...
serve a., directors. rruy.trt that. Il r,.. .,s-..r,
rn 4eeuur. ,f Z. ,.- ir v,.,,. e -t..ri ,G,.,....
shah pc held as between the person, -ccsiy-
ny the Same rr.H'r,E .: VOTES - tic t--'
r..s-r.v- aud ti.r. IN case ut d ..c a- ,.. 4
second election tiru tNr srIr.uu. >l-. E.
made, bv allotment sand board shall .ar.l-ur
.u u.r.e t.- one year and urr,l ther- ssu.r-
,urs shall have been elected Subject .1 .u,
foregoing provisions. all election. shall q,
held u0Iyr -rsh rules ana regulation, Cd, r..,.
be tsed hy the board u' directors
I'D o.. .
failure shall rHt i.r.e.t this yha.,-ri nui su
rl,.Iru shall be held q, Soon .- may lr
practicable after notice as above provided.
La,h board OF directors, a. ats ..-l meeting
after each u.g,.l.r shall elect from lts u.u.
hrr % president and ID yI,r-Prr-.I.rt. aut
shall ais. ,'e,; a secretary and treasurer.
either ur both 90 whom may be meg hgrs .:
The board. and hn'h 3 which U'rcc> may nt
EIud Hy the same person. al "a, the board
may see ST.
\ majority af the directors shall ,rUS'r.
ru'r 4 quorum tor the Transaction uf al hs>s.
ness. and every vacancy O,,LFTlUE uu -4fd
board shall Bee li,d Dy the gcualI!u, dire
tors iOT .Hy uucNFTrri term.
The saId board, nr ,u,a u'u-cr as - uay
| de- Euatc, shall have the Iu~,r to tx and
| define the duties of every u--.ryT and r-
| hold Once and employment at .ns I!rtrGf, u.
| sad board. lne board 81 directors may mtA.
| ard establish, As well as alter and amend
| all bylaws, rules and regulations deem.
| proper ru It's judgment for the conduct aa.
| management Of the business and affairs ut
| sald corporation The board pt director,
| shall have the right and power 'o borrow Al.
| lend money, Q" buy, lease. acquire, improve
! and bald upon rca! estate for the business u
| the CuTpUratI"n, 20 exercise all the powers u
| the corporation, and to do any and al. thing,
/ reasonable. convenient and necessary o. carry
| on IT. business and manage ITS affairs.
| General meetings ot the stockholders shall
| be held whenever ordered by the board ~ dl
| rrgtpr~. or the holders of C1e-i1ur,h ut IN,
|
| shall hc gwen as provided above for the an
| uual meeting OF the stockholders
| Article Wilt, al any time, lu the judgment
| of the board OF directors, ID shall be deemed
! advisable, and for the benefit of the corpora,
| ton, that II be dissolved, the board, within
| ten days after the adoption Of 4 resolution
| 70 that erect, by malort" Of the whole
! board AT any meeting called for that pur.
pose. of which meeting each director snail
have received at least three days notice, shall
cause notice OF the adoption OF such rcsplu.
| tiou to be mailed to each stakeholder, together
with a notice of a meeting OF the otu, khpdrr~
| 10 he held al the office of the corporation, 90
take action upon the resolution so adopted
by the board OF directors This meeting shall
be held at any hour nNed by said board be-
tween the hours OF ten % O'ClOCk IN the fore
noon and three o'clock in the afternoon Of
/ the day 50 named; and, on the day So ap-
| pointed, the meeting may, by consent OF the
majority IN interest OF the stockholders pre-
| ent. be adjourned from time to time and ii.
at any meeting original or adjourned, two
thirds in interest OF all the stockholders OF
| the corporation shall vote that dissolution
take place, a certified copy OF such dissoiu-
| tion, signed by the presiding officer and sec
| retary of the meeting shall be tIied in the
office Of the secretary Of state, with list OF
| the names and residences OF the directors and
| officers certified to by the pres ident and sec.
| rctary OF the corporation. Thereupon, the
| secretary Of state, when satisfied by due proof
| that the requirements aforesaid have beer
| complied with, shall issue a certificate that
|
| the corporation shall then stand dissolved
and the board shall publish a notice OF said
| dissolution not less than three times in
paper published in the parish Of the corpor
| atoms domicile and the corporation shall
proceed to settle up and adjust ITS business
| and affairs; provided that whenever all the
| stockholders OF the corporation shall consent
in writing. to such dissolution, no meeting
/ or notice thereof shall be necessary; but or
| filing such consent in the office OF secretary
F, of state, he shall forthwith issue his certi
| hCate, and thereupon the matter shall bt
| proceeded with as II the dissolution had taker
| place at meeting called for the purpose.
| Article VII.-ThIs charter may he modified
| changed or altered, or said corporation may
be dissolved, with the assent OF stockholdera
| owning two-thirdS of the entire capital stock
| at a general meeting of the stockholders con
/ vened for such purpose, after notice shal
have been given, as provided in Article V o
| this charter.
| Article VIII-Whenever said corporation
otherwise, its business and affairs shall b,
liquidated by three liquidators, to be choser
by the stockholders at a general meeting con
| yened for such purpose at which meetinI
| all stockholders shall be entitled 10 vote eacH
according TO his holdings, and of which meet
ing notice shall be given to the stockholder'
| as provided in Article V of this charter; anC
| the votes Of the owners OF majority II
| amount of the capital stock OF said corpora
tion represented at such meeting shall be re
| quisite TO elect Said liquidatorS shall re
| main in Office until the affairs OF said cor
poration shall have been fully liquidated. IL
case of death or disability OF any one of tn,
| said liquidators, the remaining liquidator:
shall appoint successor TO such lquidator