The herald. [volume] (New Orleans, La.) 1905-1953, 1915-06-10
OF "TvrFpeT CHARTER
VI ~ EKs LATE BUII6rrc
tNtOR POD ITrtNO C0lr,

| United States ~ OKhTED." S0sPh.
Re ., sa, "i oTi.eans. City Of S ts.l
| month ~ H.. mat on this fou,S,Se., o..
one thousand In. % ne year Of agsJ
before r'- I-,-. ine hundred and e. % n
oui,,C 49,. ..'-'.es theodore S,ss, saiie., n
and for his C,,, ,.''.'s2,ioleo ana
therein IN . ,-., S',y and the parish a;ts
u o,il,,' 'sG....s' and in Ii. NJ. 81 o.
rcrsnr..r. '', 80. natter named and Sas.
r,hose -. '' . and appeared. eaad,ao
FUN age. ,,l. a.. n,eIegnto subscr;Is, ~
$50 -. ' PROVISIONS or n. iing 81
- re- 10 Operations. tL.r
| covenant and agree. ana ,oy these
wen as sy.E o.5rr personS hens.,s
! boo1rse associated win - As may ~.
/ constitute ..rr1ratioD 80 70 tr
ia", '.f i.e purposes and ioOoy pls.
| lowing. to-..s ''''eS ana condts N
Aru,,c The name ana -,
poTaJlor s1a. - "Iutersta,. ue o. sa
! pauy, lr...P. r.ted." a1S buildn, ~
hereby established in the ~; s donic.
leans, state ". Louisiana. 10y o. NJ, 1.
corporate name, said corpors,; uhd,r ia
power ana 40 .r1r'ty to eo n,-s".n shal NJ
| H1ed' 10 'Na.c .ad use a corrotH sue n n
tae same 90 freak and aI,s, POIa'e .ses u
H'ia' receive, nave, purchase pesssr
! are convey, sell borrow. - IMPROVE
hyPo'he-ate, under its san coS nurns
property personal. real and D;poias III
and appoint such officers, diT.c,o'1ed; . III
managers o. employees az ,h as,ra II
IoHVcHieh>- OF said corporat;or ntsrz \
10 make and establish bylaws y nPsl
uiationS Tor the proper manaS.n .uls al n
uia'iOn OF rs Alters as NAV /. nd N
essSIy ard proper, and the .esn.t n
ana AI'er al pleasure; ana 70 a.
acts and things permitted by i,~ al ~
or may he necessary and pfons, Ts q
the OBJECTS and purpose, Of 80 esp
SAID corporation, unless soos eFpolal
IN accordance wIlh its Charter .Len cis,
continue Tor the period Of nins,~A en- y
from and after the date thereot nne nj
Inc president, or in his abs.
president shall be the propeT &
whom citation or other legal pro. n,'a,
Article 1.-The objects and
"hIch 'hls corporation is orsani,.5N
nature 81 the business TO he c. ~ Il
It, are declared to be the follow;.e
10 engage IN the general con,T. Hst
building business; to buy and 80 4
material, TO acquire real estat. S.,i99k
or other structures and To sell H. a NJ
generally TO do every and anv,S;.
WISE connected with the build;ns = n
tracing business. aud u
Article lll.-Ihe capital stoek =, n,
poratlon shall be five thous.nd ~, ns n
lars, divided into and repr,,r,,. 49, n
shares OF stock OF the par value AZ " n
dred CSlOO) dollars per -.are. S,;~s
stock may be increased 10 on. h, Sae "a
sand ($lUO,UO) dollars, or any nor,;". =
according to Law. r''a ns'
The stock shall be paid in cash =, 4.
OF subscription, or the same MAJ ri
at not less than par in n,,s ~
exchange Tor property or risbts q
received or purchased by al -
ton, or the same may be isued ~,
tor money advanced, and for sucb 90 ~. =.
liable considerations or services !, n.
OF directors OF said Corporation ,s-
mine; provided, that no STOCK sn,r =. ~s
until the consideration therefor Ia, -.
celved by the said corporation.
ANY stockholder may sell, assign a, ,-..
his stock IN this corporation provided ~
(jOl days prior notice OF such ip,,r.;..-
sell, assign or transfer the sam, h =
the company, and the other stoekhold.r, Y,
OF shall have the FIRST privilege al ~
ing same, after which thirty days' 49,. Z
said stock may be sold in open MARI,
The stock OF said corporation NAV h -.
ferred under the above condition.: n,o,il
such transfer thereof be made on &, IL.
OF said company, at its Office, and "a :
render OF the certificate therefor. Ma t,,,S
OF any fractional part Of a share sh,l :
made.
The board Of directors shall hay. Il, -
to determine how much stock shall Be- ~
Article lN.-The corporate powers 4 .
company shall be vested in and exerr,,i :
a board of directors of not less than I'm. 1
members, consisting Of the president y.
president, secretary and treasurer. A III
lorlty OF said board shall constitute cum
for the transaction of business and ter N
cisions shall be valid, corporate scts
The following persons shall constur 81
first board of directors:
Clarence f. Fettis, 1886 Nelson street ri
Orleans, president; Joseph Lee Rhodes a
Audubon street, New Orleans, vice-pusir|
and George s. Colby, 2S05 Pine street, h|
Orleans, secretary and treasurer.
During the absence Of the presider. Il
vice-president shall act and preside.
Said board shall continue in Office III
the first Monday in June, 1916, on Wild u
and thereafter annually, a BOARD Of dirut1I
shall be elected, unless the sane shoui \
q holiday, when the election shall Be VI
on the next legal day thereafter.
Notice of such election shall be ryer III
to stockholders by registered mail al
ten days prior to the date Of said ncd7|
or election; and the board Of directors ~
appoint one or more stockholders % grst|
at such election as commissioner. a h|
event of the failure Of any comnissour q
to attend, the president -
by appointment, fill the vacancy. Any hs>|
from any cause whatever to elect drczI
the day named for that purpose shall n
dissolve the corporation; but the dlrrs|
then in Office, as well 40 the ofhce1 d NJ
company, shall hold over until their nnI
sors are chosen.
In such event the president shtil ri
another election to be hesd within n7|
days, and shall give notice thereof u ri
lnbefore provided.
At every election and meeting es1 90
holder shall be entitled to vote to- ri
share of stock registered IN his nsns
may vote by proxy.
The election of directors snail be y 49,
and the majority in amount OF votes
Zach share of stock voted upon TO DC o11
Tor one vote, shall elect the person
sons for whom they have been cast
After each election the board Of of
shall elect from their own number
,ers of said company. III
Article V.-The board OF direcion
rave the full power to I'LL vacancies
number, caused by death, resignaton a
.rwise from among the stockhoiden
I'D
The said board shall have full oosIss 4
he property of this company, ana ~ -
manage and use the same = -
discretion they deem fit, and thai
mt with the objects Of this COMPANY
welfare of the same.
The said board is further sufn0n
rame and adopt such bylaws, ruies ~
ilations as the affairs and business
corporation may require, ana as u "a
necessary for the conducting ana N :,
nent thereof, provided me same - n,
conflict with this charter or WIN
# the state or the United States. "A
The said board shall eject or app0.. n
'ficers, agents, employees, seissD 4. "A
Jerks as it may deem necessary ioI ~
lucting of the business OF the pSrs|
ERIN Of service, with the right 70
hem at said boards pleasure. =, So
Article VI.-This charter may - n
modified or amended, the eapitai ~; N
reased or decreased, or this eofpof 4. ~
dissolve at a general meeting OF u "a n
folders convened for the purpose - 81
issent of three fourths of the entin = n
took, whether present or fepresen'e'
Meeting. .,;,s Al
Ten days prior notice of such nsen"
,e given by registered mail. -. n