The herald., 1914-09-03

five 81 and not more than nine 81 stock
holders, a majority of whom shall constitute
a quorum for the transaction of all business.
The directors shall be elected every year by
ballot of the stockholders, on the first Mon
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 be held under such rules
and regulations as 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 or by publication in one of the daily
new spapers published in the English Ian
guage in the city of New Orlenas, for at least
ten 0O days preceding such election. The
directors thus elected shall continue in office
until their successors shall have been duly
elected and qualified. No failure to elect
shall be regarded as forfeiture of this char:
ter. Any vacancy occurring on said board OF
directors shall be filled by the remaining di-
rectors for the unexpired term. Said board
of directors shall at its first meeting after
its election, elect from its members, presi-
dent, one more vice pTesidents, secrc-
tary a treasurer and a manager. 1t may
combine the Office of secretary and treasurer
into one and may even elect a secretary, one
who need not be stakeholder or director.
Said board of directors shall have the right
and power to appoint and dismiss such clerks
and employees of the corporation, including
the secretary, who is not a stakeholder or dl-
rector, as conditions may Justify or the bust
ness Of the corporation may require. The
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 81 members, including one
of the officers of the corporation, and the board
of directors may delegate such managerial
powers as it deems necessary TO the executive
committee, which said committee shall report
al each meeting of the board of directors. The
said board of directors may name and appoint
such other committees 1t may deem neces
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 ONCE IN tht
CITY of New Orleans, La, on the day, date
and year hereinabove FIRST written, IN tht
presence of Messrs. VIM. A. Conkerton anC
Herbert A. Movers, competent witnesses, whC
hereunto sign their names as such with tho
said appearers and me, notary, after du'
reading of the whole.
Original signed: A. J. Olivier, president
John X. Perez, secretary.
Witnesses: Herbert A. Movers, VIM. Con
kerton.
THEODORE A. SCHUBER, Notary Public
I, the undersigned recorder sof mortgages II
and for the parish of Orleans, state of Louisi
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 ll27, folio 81
New Orleans, August 10Th, 1914.
(Signed) EMILE ]; LEONARD, ID.
true copy of the original.
THEODORE A. SCHUYLER, Notary Public
aup u sent 3 10 II "a oct |