The herald., 1915-04-01

be necessary, and said officers shall hold otnce
for one wear, or until their successors are
elected. Until the first election, the iollO"
ing are declared TO be the othcers OF this
company, viz: Charles c. Pardue, PRESIDENT
Sherman p Pardue vice president; Oscar r.
Geren, secretary; Charles A. Pardue, treas
urer; provided, that the board OF directors
shall have the power to discharge any or al,
of these officers at any meeting OF the Ooafu
after due notice and motion to that ehect
shall have been mailed to each ana every
member Of the board at least hye Gays P'lo.
to the date of such vote tor discharge. ~
all elections and stockholders meetings each
share of stock shall be entitled 10 one Vote
to be cast by the stakeholder himself or by
a proxy appointed by him IN writing. IN
the event of the absence OF any director
from the domicile Of the corporation such
director may appoint, by written proxy any
other director to act and vote Tor HIM at all
meetings of the board of directors
The duties Of the various officers shaIi De
fixed and determined by appropriate bylaws
to be adopted by the board Of directors, and
the board shall fix the salaries and compen-
satons of all officers, agents, ana employees
whOmsoevcr.
at the option of the board OF directors, be
held by the same person.
Any failure, from any cause wlatsoeEtI'
TO elect directors on the date named Tor mat
purpose shall not dissolve this corporation,
but the directors then IN office, as well as
the officers of this company, shall hold over
until their successors are chosen In suCh
event, the president shall cause another eIec,
ton to be held in thirty (5O) days, and shall
give notice thereof above provided.
During the absence of the president, the
vice president shall act and preside;
At every election and meeting each stock
holder shall be entitled to one vote for each
share of stock standing in his name. Inc
election of directors shall be by ballot, and
majority in amount of votes cast shall
elect the person or persons Tor whom they
have been cast.
Article VT shall be lawful for the stock
holders of this corporation at general meet
ing convened for that purpose, to make any
notifications, additions or changes IN TINS
act Of incorporation, to dissolve IT, with the
assent of three fourths OF the stock repre-
scented at such meeting Notice OF such meet,
ing shall be given as prescribed in Article ~
hereof for the election OF directors.
Article Vino stakeholder OF this corpor-
alton shall ever be held liable or responsible
for the contracts or faults thereof in any fur
Their sum than the unpaid balance due the
company on the shares of stock subscribed for
or owned by him, nor shall any informallty
in organization have the effect OF rendering
this charter null. or of exposing a stock.
holder to any liability beyond the unpaid
balance, if any, OF his stock.
Article NlI.-In case OF dissolution or ter
mnation of this corporation, either by limi-
tation of its charter or from any other cause,
the liquidation of its affairs shall be conduct
ed by three 90 liquidators selected from the
the votes cast at meeting called Tor that
purpose after notice shall have been given,
as provided in Article " hereof for the
election of directors Said liquidators shall
remain in office until the affairs Of said cor
puratiOn have been fully liquidated. In case
Of death of one or more of said liquidators.
the survivor or survivors shall continue TO
act
Thus done and passed at my rotorial Office
in the city of New Orleans, Louisiana, on
the day, month and year herein first above
written, in the presence of Anna Naumain
and Pluy II. Hardy, competent witnesses,
here residing. who hereunto sign their names
with said appearers and me, notary, after
reading of the whole. Witnesses: Anna Nau-
main, Pluiy II. Hardy. Names of subscribers.
CHARLES SCHNEIDAU, Not. Pub.
|, the undersigned, Recorder Of Mortgages,
in and for the Parish OF Orleans, State OF
Louisiana. do hereby certify that the above
and foregoing act Of Incorporation, OF the
{. A. Pardue Co., Inc, this day duly
recorded in my office. in Book lla, folio.
New Orleans, February p, lal5.
EMILE J. LEONARD, by. r.
A True copy.
CHARLES SCHNEIDAU, Not. Pub.
Mich -ll,lS25 Aprl-S.