The herald. [volume] (New Orleans, La.) 1905-1953, 1915-04-22

iEou ana entitled 10 no,. MS S,,i
Iloh may exercise its en-rS. SaS
any other stat. or t.r!p,Orase po,.I
States OF foreign count,vr il i
| Article V-The ca,;,,
,5o la,..n Is hereby fixed at log e Of
s,io-sJ' ~. md oo-lOo ($s,uo amas "a
G0 S' I've . .y a I'VE hundred 500 dslaa
"-t}' 'S.0.pJ dollars eacS sharsI 4
scrioet for shall be psys5,. Al ~
time the certificates t6ey.aoI9ie IN al
same may be issued at NJ. are iss,i
property actually received 'ess Ia,
me sand corporation SHAH sad ~
"Hen twenty-five hundred 'oS,anene
STOCK shall have been spb,. GoLaa
| All transfer, OF stool s5IIioed ig
C $50 ~, S@ .t corporation BY sv eae
sL,ri -. ,.''. eoi to the presid;sN
sna't "Ii'e The word @cs5o.i,as g.
S 1., IN. lace thereof and ed ~
dent Signature therefrom nv hsIaS s n
ne" eefi.HGate. The Board AZ 40.
IN PROVIDED for, shall hay. :! Dres.a Il
new stock IN place Of csro.u we nt
Sa'd capital stock NAV /. Esi
manner provided for by the ,hS's.si
whenever an increase NJ Avs
shaI! have been AUTHORIZED S ss eass \
ten notice shall be given :, uIlees In
within which time persnr. 70 eics M
\ tins corporation shall 49, nOloas ~
-, ,Sir0e ' ., ,aid increase Of sto, Iss
. NJ. u ,'e number OF shares n
mem ana which additional ,s. sod
PAID ioI at such times and ; .aaFs 1
as the Board Of Directors ma "a sud
After the expiration Of II. Grs5
subscription and payment N. D sit y
Tors may dispose Of the sb.s, oOa'a
the dement, y the COMPANY na
as they may think proper al M ~ 30
Article Wat all election,
OF the stockholders each shar. yEs
entitled 10 one vote 10 he ~. aot
he boots " %No .S name the stock ~
me Docks OF TINS corporation a ". ~
the voting OF by his agent a. 2
au.lotlzed IN writing to that r'9
Article NlI-The business .lsa
corporate powers of this corno ~. saa
transacted by board Of No, ,a'e
directors nor less than fou, a. ~
composed Of stockholders ,b.-N'ss
and each OF them shall he sI...1 4,
ing 10 be held for that purno. Z
holders may, however, elect - ~
directors at any annual meet;nS ~
holders may prior TO the nert 80
elect additional directors I'M - a \
number herein provided for q" u,
IeCtorS' out' the directors Cannot ;r.s
own number though they nav IN -
as hereinafter provided: ~ ~
| John c. Cremer, Casa Grand. A,
New Orleans, La; George R -
Royal street, New Orleans. I,
MestayeT, 1923 Dumaine stree, No
La, and George Z. FerchanS %S ~
avenue, New Orleans, La sh.n "
the first Board of Directo7, , s.I ~
Once until the second TUESDAY !,
l9lo, or until their successors a.. -
qualified, each subsequent bo,-I N
their seats Immediately iollow;r, =.
ton, or as soon thereafter as &c. !
shall hold their office until hi, -
shall have been elected and ou,l;s.s
directors hereinabove named shall - ~.
own officers. AA '''a
The officers elected and desisn,,,,.
until the second Tuesday In E.h,s.-
or until their successors shall h 49,,
as follows, to-wit:
! John {. Cremer, president. c,o,,.
rieu, vice-president and R. ?. Nesurr
rotary, and George Z. Ferchaud, trr,.r.,
On the second Tuesday in F.br,-,-
and annually thereafter an elec.;., 4.
rectors, by the stockholders shan \. =.
the office Of the corporation, after a..
days notice thereof shall have be-, =.
persons or by depositing the SANE !, A.
office, properly addressed 10 the Il, I
address Of the stcokholder Of said -.
Every Board OF Directors shall /, =
meeting after its election, or AZ "a, 4
after as practicable elect from their r. .
Der a president, and first yice.ures;s,-
| The said Board Of Directors shall ~
a secretary and treasurer, who nav =;
the said two Offices in one person. A 4;
to elect directors on the date allow :
ned shall not dissolve the corporsti,, :
then existing Board Of Directors q
tinue in office and another election Al
held as soon thereafter as practieak.
time to be fixed by the Board Of On
\ then in Office, whereof fifteen an
notice shall be given in the manner =
above provided, which notice shah :
and complete notice to all stoekholden Z
meeting.
Any vacancy in said Board q d.
from any cause shall be filed By he "a
ing directors. A majority Of the ueriu
said Board of Directors shall oonsts
quorum for the transaction and mana.
of all business Of said corporation. M
make such bylaws, rules and regulaf-
they may think proper for the trsnsxii
the business and affairs Of said cory1
and change, alter and amend same II ID
appoint and fix salaries Of all of6cc1
and employees, the same to chang q
miss at pleasure; fix salaries for o6cts
vlded for herein, sell, convey, N,
pledge, lease, and purchase prope-iy,
able, immovable and personal; borrow =
issue notes and bonds, lend month
contracts and sign and cause to b /
all necessary acts, deeds, etc, 10 b
cial proceedings in the name Of and % J
of this corporation, and to do all thing
may be necessary to be done in the n
ment of said business and may Be per
by laws applying to corporations and =
dividends.
Article WILING stakeholder shall
or hypothecate his stock or sell Or Dip
any of his stock in this corporation u
shall have first offered same to the corps
Said offer of sale to the corporation y
made in writing, addressed and dellse'
the president of this corporation, ,nd
name the lowest price for said stock
said owner will take. The president =
writing acknowledge the receipt Of surt
After fifteen days from the receipt 2
written offer and on failure Of SAID ::
ton to purchase said stock, the o.nr
shall be allowed to sell such stock
| to any other person or persons 70. ~
however, than said price offered SAD 2
ton hereof.
Article IX-This act Of incorporates
changed, modified or altered or said !
ton may be dissolved with the ~
three-fourths of all its outstandiss y
any general meeting Of the stoska', :
said corporation, convened tor tnn !.
after previous notice given ~ u, IN
| hereinabove set forth in Article ~
any and all meetings Of stoekholden, :
for purpose of liquidation or fof y,
purpose, may be held at any uns :
notice by unanimous consent Of y
holders in writing filed with the 60
Article X-The president, or sa
dent, may in his discretion ana "a 4
] the written request of Is per eenI = :
standing stock call a special neen's
stockholders of this corporation. I, :
Article XI-No stakeholder sea- y
liable or responsible for the conttse1 ~
of this corporation in any furtna -
the unpaid balance due to the conFl
shares owned by or subserieed ~ :, y
nor shall any informally n tn "a; =,
ton have the effect Of rendering -.
| null or of exposing the ssockns'''"
liability. 40, ,,,.
Article XII.-Whenever this eoflIs. -
dissolved, either by Limitation y y,
other cause, its affairs shall % ~
under the superintendency OF ne 4,