The herald. [volume] (New Orleans, La.) 1905-1953, 1916-10-26


stock, present or represented al tine mcttiHs'
each shave OF common stock being entitled 90
one. vote; 'ut all 90 Inc Nd'd d'. tcI'TN' as 50
elected. shall have equal and coordinate
rights and powers aS directors OF 'hc cntpo-
ration. Notwithstanding the manner and form
ot their election. I'm he case 81 any va
.ancy ]" either class OF directors, through
death, resignation, Disqualification. or "ihtr
cause, successor io hold office for the uaeN-
pred PORTION 90 the term pi the director whose
place shall he vacant; and until the election
affirmative vote Of . majority OF the GLASS
IT directors VINO Nh"' nave oetI c.e''ra ny
TIE sang class % >,"'Hl".dcrN whle2 Elected
vacated. pom al questions ''at- than the
election OF directors, the preferred and COM
mon stock snail have equal voting. powC~,
subject only % such Limitations as m THIS
charter may he provided, each share ot sock
being entitled 90 one vote. Failure 90 elect
iircc.'yS "n the day above sreoih'd sIa'! NOT
dissolve The corporation, but the directors
then an office shall remain ia office until their
successors gre elected and qualified The
hoard ~ directors. az their INST meeting
following each annual election, shall elect
from their number president and one or
more y'cc-pgcs5dcuiS, and they shall likewise
elect. hut Not necessarily from their number,
secretary treasurer, and such other officers
and committees a, the board OF directors
shall deem necessary. The board shall have
power. IN It's discretion. % unite TWO ny more
offices. ard 90 confer the same upon one per
son, and shall have the p'wer 90 tx The
officers and agents as thcv deem necessary.
At any meeting OF the board NJ directors
any diEcC'.- absent FROM a. meeting may he
represented 10y any other director, who may
cast inC vote pt saii absent director Accord
ing to the written instructions whether gen
eral ur special ~ SAID absent director.
Section = in iurthrrancc, and not IN h,u-
,tation OF the powers conferred by law, the
board ~ directors Is expressly authorized;
fll To make and establish. as well is alter
and amend, al! bylaws, rules and regulations
necessary and proper Tor ihc support and
management OF the business and affairs 81
SAID corporation, not inconsistent VITA its
charter
thl To borrow money. and through the
president or some other duly authorized agent
or agents, TO execute mortgages, issue notes.
pledges, bonds or other obligations, IA such
amounts and on Nu'n terms aN D" Their judg-
ment may he deemed advantageous ana gen
orally to DO all tingS reasonably necessary
Tor the proper carrying on % the business
oi sara corporduon;
.tcl To issue and deliver full paid shares
OF stock and bonds 81 oiher Obligations OF
SAID corporation, IN payment i"r money, la
Dor or services. or property or nights a1'ual.r'
received oy SAID corporation, Of 'he value
specifically for the, option to aequr,, ne
properties formerly belonging To the MyTue
Grove Planting q Manufacturing Company,
as herein above set out;
ter to direct or determine the use and dis'
POSITION Of any surplus or mel pr"his over
and above the capital stock PAID IN;
Ge! When aut m n by the vote OF at
east two-thirds !=-SD IN amount 81 me cAr,al
stock OF me company Outstanding al me
time, by their consent IN Writing or by
tReiT afiiIrhatlyg vote al speflai meeting
81 the stockholders called Tor that purpose
the directors OF me corporation. 9y vote
oil "o-'hiTdS 20 oil inc number OF diTeetois
holders, snail nave the power 10 sell lease
assign. transfer convey; or otherwise dis-
pose OF and deliver, all the property, movable
ana iuimoVaOie' OF the corporation; as an en-,
tirety, upon sucn terms ana c4nditions' ana
ior such CONSIDERATIONS Whetner III CIsn,
bonds STOCK IN other companies or othet
property asin their discretlon' the directors
may deem adVlsabie'
~ 10 do All such acts ana ihingS as may
be necessary 70 carry out the OBJECT Tor
winch tins corporation IS organized and TO
exercise IT'S corporate powers.
holders Tor election OF directors to be held
under inns SnaFier on me irst saturday IN
February l9T, or until their duly ,gusiliisd
p successors 1t are elected and installed, the
b9aTd OF DlTect3rS Shaii ne composed OF:
noKAIE MiLNINSoN, Fort Allen La
i, H. SAI NDEKS; New orleans, La
p(N IA A. New orleans, La
LL9 g0lS H. ~ KNS; New OrleanS' La
GGho' II; PANIS; Nsw orleans, La
i0,iN PukPPN' p myrirGt HroVe' Id
| the first named four thereof being considered
TS.r,o9s 90 81. go IL Ia ~ I,st
named three as directors of the second class,
I al, ID. -
{ WsIt;nehn ss Ne Pr.s;dent and 7
n R,ss;cb =: Sec-e,a,v. Tress,,rnt '"u >
| s.ct;on a c,.ciai r,.s,;ngs 90 stocLboIds-s
Nv Ma ~, s,,rb cnn5;,ions .s - bs
n,ascr;bed !, tb. bv. laws a. 10, J,vs'
| ppo,;cs 6 nail n-oosriS ssd-nss.J % ..ch
| stoctboIdsr a. b;s I1st known nostoffic. a.
| dress "
| ApTICUF VT
u-L.,.a- ~ .o-n,.-.,;an :. 1;s.oi,oJ
.;,Lar Ia, I;-,;,.,;o, - 80. - b, Ja,.r,,;,a'
80, sc H. .,ontbnlSns -. Co., sS.Ii Ia
i;o,,;Ja,.d rrJsr III .rnsrv;s;on of the
| "a Eor;S,tors 20 he a,nofnted Co. ,h,t nrr.
~. y, nsrsaI -oe.t;pp &c ~. S,ocLSol5er.
rronyeneS sf,er a. isast ,sn my davs' note.
wh;cb sL,u he 60, no nail % al 80 ~,
stncLboIJsrs a. tbs;r i,st L,ow, nostofs;ce
aS'i,nie ~ n,h.- ,os,o.s;r. ,gJ,.ss !.
Lnou,, % 81. Csrn-aI nsI;werv =, NJ a.
leans and sbaII ELsw;se he mbI;sbed Co.
tsn 3inl co,snc,,,,vs J,.s !, o,e da;iw aus
n,n.r n,hI;sbed IN the CIV ~ Ney O,iesns
IN Csc Of desth ,es;gn,,;nn ~ ;nabii;tv
n act NJ an. NJ The lioniJatoys The vacanry
shall he filled bv the remaining Iiouidators
The said iou;da,ors sbaII remain in off;ce
bay. bee, f,lIy settled and i;on;dsted
and shall have full mower and su,bor;ty
nroo.-tv nf ~ esoroorat;on r. o,,bi;. ..
p,;yate s,Ie .nd 20 d;,,,,S,,,e h. pn,oce.ds
.nrycI
r. ,AklIILb va
ms act OF incorporation may De not-
tieu' chahged or SIteied, or Said corpora,
ton may De dissoived' WIN the assem- OF
two-thirds I[-9 OF tne ehtire OUTSTANDING
capital stock' both common ana preferred, at
general meeting OF the stockholdcrs con-