The herald. [volume] (New Orleans, La.) 1905-1953, 1916-06-22

Article S.-All the corporate powers Of this
corporation shall be vested in and exercised
Dy b0aTd OF Directors composed of five
stockholders, each OF whom shall own in his
| own right, during his term of office at leas,
one full paid, non-pledged share of stock
winch shall be shown by his written declara.
tlon. three OF whom shall constitute a quorum
ioT the transaction OF business: provided the
board OF Directors are hereby authorized "a
increase, in their discretion, the number nj
directors to nine, in which case five thereof
snail constitute a quorum
The officers of this CORPORATION shall ron.
sist OF president, vice president secretary
ana treasurer, all Of whom shall be members
OF the Board Of Directors. The offices Of sec
.SSety ana treasurer may be held by one and
the same person.
The following named persons shall consti.
tuie the first Board Of Directors OF This cor.
p9ratl9n, to wit: GEORGE MULE, 2SO9 Es-
Ri MD j aESnnS; New Orleans, La; PASCAL
; ALMERICo, 52ll Crsulines street, New Or
leans, La; BENEDETTO INTRAVAIA.
,N,airn' o., La; JOSEPH MUSTAICHE, a
f ITII. D2}g5 I'VE New Organs La. JOHN
an residents Of this State of Louisiana, with
Heorge Mule president; Pascal Almerico, vice
president; John Liuzza, secretary; Joseph
Hus,aichc, treasurer, and these directors and
?InIsis snail serve until the second Thursday
duly elected and qualified.
thereafter the directors shall be elected an
n .uJiIy on me second Thursday in May of
OF directors shall be by ballot and each
shareholder shall be entitled to one vote for
taCh snare OF stock standing in his name on
cie ooohs OF TINS corporation, this vote to be
80 III person or by proxy, and il shall re-
scented to elect VI ''Pi0
FAILURE 10 elect board of directors on the
, sTcgnu thursday in May. 1917. or annually
ETeledIter' snail not work 4 forfeiture OF this
ChaFter, but the old board of directors shall
TInalh IN once until their successors are duly
erected and qualified. '
article o.-Ihe board of directors shall hold
tesuIT meetings at such times as shall be
INtd IN the bylaws Of this corporafian These
meetings shall be held at the domiclie Of the
C,a but the president may call spe.
Ciai meetings of the board Of direc,o-s a.
such times as he may deem advisable and he
oHa!! Oe required to call such special meetings
N re request OF three members OF the hoard
:; p.IecLofs. three days notice Of such spe-
y.dl meetings shall be given in writing 70 the
directors, unless waiver OF notice Is signed nv
t4Ie directors Any vacancy occurring in the
oyaTu' either from death, resignation or in.
ply ny 20 serve, shall be filled by the board
u directors az ITS next regular meeting after
Sutn vacancy shall have occurred The first
DpdIq OF directors OF this corporation shall be
.ege,ITd to draft suitable bylaws for the
si, ,etiiinent OF this corporation, which may be
altered, amended or changed as the exigencies
OF the case may require
Article The stock of this corporation nav
pc transferred, provided such transfer shall
recorded upon the books Of the corporation
before it shall be required to recognize the
recognize the transfer Of the new holder OF
s4Id stock. The total amount Of the sub
'eri6ed stock, as herein set forth, is the sum
~ Fitty-two thousand FIVE hundred (s52, 5000
Dollars, which is hereby authorized 10 he ia
sned fully paid and worcestershire, for cash,
?. IN exchange for property or services, ae-
cording to law.
Article a-This charter may be modified or
altered, the capital stock thereof Increased or
decreased, or the corporation may be dissolved