The herald., 1916-01-13

each.
l.i- ...Ir'.t..r -... .,... T.-..r-- lane
u.-E ISL. I.n. attic. t.r .s.. ., ...- charter
! d.. t., n..r.,..y office .. .r.. r....-. ... .r-
. 'r.'r..,rul.
/ y. -'"t-r. lrr shall SCI. .- J.--..-. ~ amy
/ 20 i.' stock % this corporation. u.tU.r, mrs,
htyrr. r'',rrd the SAM, for said. ,.. .r.. ...r,r
/ Stockholders. hy g. letter addressed :. -rr
rrr-.tcu, ur 2, rhc board .f directors. r.tr.,ry
] thereon tie lowest proposed rn.r .t -ali
J stock, u1t Co. exceed the t,r1il l.,E y,I.r
thereof At the time II said "f,- A. ,l,,I,
! dtH- nom receipt 81 such written .-fr. and
the 'ariu~y ui tny stakeholder, oil AM, .f fr,,rI
/ % purchase said stock, the owner thereof
! shall hr ~ liberty e. sell ~r.l -,..- -,- ,,.r
! less than the price So named Iv hmm -, and.
| other person Or persons
! The shares Of stock OF this corporation shall
! 'e transferable only on thc book, .i the cor
| ppratuu, and no transfer of St..r shall he
/ binding or have any effect upon ,lI, .,-,,lr.,-
| tl"u, unless and until made upon il. L5gE,.
and q prior lien on al shares "a stock ,Irg1i
/ hr retained by this company on the stock Of
| any shareholder for any Indebtedness. Sc
cured or unsecured, however evidenced .r rr,.-
ated. due at any time tp the COMPANY L, The
holder ~ said stock. and all transfers Of stock
! shall be made subject 90 these condition.,
Article N.-lhe corporate power, Of this
corporation shall be vested in and exercised
/ by board OF directors. consisting of ,iy
! TO- stockholders. The first board Of directors
Sna4 consist Of August Henry T'aSr,lI,r
! Henry Herman Flaspollcr Charles Urrr,,,
hammer, August Edgar El4spplicr. BERNARD
| Henry FlaSpollcr and Sidnr,, tro~g. T,1ls
PoHgr' all OF said directors being residents
age of majority With ~. - 60, y, .ull
FIaSpoiier as president. Henry Herman FIaS-
pDlIer as hrst vICc-prcSIdcut August Fdga-
Iia>l"IeT as second vice-preSIdcut, and
'hdrie> Herman hammer, as secretary and
| treasurer, who shall hold their respective Of
hce> as directors and officers until the second
tuesday IN July, nineteen hundred and six
elected and qualified; on the s,,d seoo,d
tuesday IN July, nineteen hundred and six.
Teen ana annually thereafter, the Stockhold.
eTs shall elect from among their number a
( board of directors consisting OF six ar mem
berS. All such electio : shall be by baIint
J ana conducted under the supervision of two
commissioners TO be appointed by the board
OF directors tor that purpose, and for all cleo
lions hftcen tlSD days prior notice prrsonaIIv
J or by mail must be given to each stockboIdey
addressed to his last known domicile Each
S'oCAhoider shall be entitled TO cast one vote
LOT SdCh snare OF stock standing in his name
on the books OF the company, either - pe-.
son or by proxy.
Said board Of directors within a reasonable
, Time alter their election, shall elect from
I Iler huihDer president, first vice-pres-
dent and a second vice-president and shall
also elect secretary and treasurer; said last
Two oihoeS may be filled by one person who
neeu not De a stakeholder and said board and
H. s slldll always remain IN office until
! thelr successors are elected and qualified ANY
LdiIure 10 mold an election the date herein
hNed shall not invalidate this charter but
SHch eIeoiion may be held at any time there
diIS' on que notice gwen as hereinbefOre pro-
NaTd.
an vacancies occurring in the said board
OF directors between elections shall be filled
oy me remaining directors for the unexpired
term oil said board. And any director NAV
appoint by written proxy another person
i''SIuly 10 SAID corporation and A stock
hoIueI' 10 act as proxy said borad and
eNeL'ISe Tor the time being all the powers of
rour '+) directors will constitute a quorum
lor tne transaction OF all business and the
PRESIDENT snail be entitled to one Cd vote in
ri 81 ne said board OF directors shall
.IaNe an bylaws, rules and regulations for
tiIe government OF the business and affairs of
TINS company. and alter, amend and chance
s"'ne d. pressure. They shall have full power
10 Duy, sell mortgage, lease, pawn and nledoe
any and all property, real, personal or ma
whenever IN their judgment they may deem
Such act necessary and proper to issue or
dulhorlze the issuance Of obligations or as
sumo the same; to make all necessary leases
or Sub-leaseS, contracts and agreements. hire
employ and discharge all officers. clerks
agents and employees and to fix all salaries
i tIu .1lhPehSauons, The said board shall
nave the night TO delegate any Of IFS povers
10 any ofhceT or ofhcers or agents Of this cor
So, anu eeheraily TO do all things nee
e. iof nc Transaction Of the business and
sbsII Io nS ooI PordIl0h ana no employees
I ''a'' OS 'oHNiuefeu employed by the year, I'M
At.
Iii ~ me 9hcefS OF this corporation
W vi Ie He president hrst ylCe-president,
49,. o"u We president and secretary and treas
~ anu the same person may act as sec
c'aIy anu treasurer and said secretary may
=, Lray ho' DC member OF the board or a
III N"pi1eIi Inc president shall be vested
", III 81 t"e powers OF general manager of
"a nuSI"TSS OF ms corporation.
h., 49, ms act OF incorporation may
J Is a.leied OF amended or this corporation
amount NJ he cao;,,I % .,IIee'Iourths $50 IN
-raI meeting ~ tba ,-GL iIsIeu al gen,
for that uurnoss r., S S16,iuy' convened
notice Of surb y1ee,ir, III ~ uay3 previous
ished in one Of the Ali, Ia, r Nv Deen pup
city Of New Orleans - &c, ne" eps'Pe!2 OF the
mailed bv rcgis,ared ai To,, copy d sara NOTICE
holder AZ his - -, 80 20 tach snare
Article VIIT-Wbcncye- ,hin
be dissolved bv rynirs,io - * t,:,"'Pany may
otherwise two ~ Iio,,;d,; -. '.l.s Cndrter or
shall be elected by the sbs,eLnTI.-s
general meeting Of the storEboI5crs - "a
herein provided Three a. Ta,id,to-S Iii
continue in Office until the mi I;o.,;d,;
II the corporation. or in case af he ~
# either of them. the remaining IiGr;J,,ar
shall continue said Hquidatior uriii ~
shareholders see fl 10 eIcc, a s,,rre.s,- -
III such vacancy.
Article X v r,.-tL.,,
ion shall 80 L Lij r'I o. lhls corpora
or the faults or Co1trsc,. 80 ~; lSsPDnsiple
n any further sum tba1 The 49,; 'P''a,lon
Tue the corporation on the sba-aS ,. naII''e
him; nor shall any mere informaIitv in nr.