The herald. [volume] (New Orleans, La.) 1905-1953, 1916-03-09

II Keen H.. shall n.rl .,.., ,,-...
r'.. annual .r,..-.-. Z. De- held DID MS ,r
...,.rr in, -.-.,-...- ,- elected .rl u.,. f,r.f.
E--yr-, 4 H.--y l-r .rru h'li ..'rr
,....r .f,. annual -rr.rr. p. De. N.rI IN ror4
.- r-,I ms successor Is elected and mali
fed. a.I provided further. that am, f..y
elected and gr.l,urI board of d,rr,.rr, COM
posed ai not ic>, than three, director, NAV Iy
u-.....s- Vote, r....a-. lis .yr4 --rr,ri.,--
-N.p ..a q. .,,. -r---r..-. anal ,..--.. rr. r,g,
,g.-..,-- yrr shall serve. ,,,rrrl .rr -sxr am
r,,.' meeting of the Stockholders the. intent.
'.-ry ,f.- .,.-,,.r ..,f, If ,r. ,..r4 ~
Director, -rgIt h. elected M rt,N annual
meeting All such elections shall be h,
s.rr.- .. -r,. office If -r. connection -,r H.
,r, ,lnrry.,.,-r nj t'rrr, comm, i,r,r. >. he
.rrnrr,f,l Do, -r,. board of J.-rrsa-. aud nm
,E,. ..,,,.,,. .f 1ry commissioner rN, mes
dem, ,F,U have p5wc- ~ rII the mace hy
aur,lrtn-ru- and Of All -url crrcfi,r. a.
well a> of an meetings IF Stockholders. ex-
r,ur for .r, r-,rr,>r> Of lg,,rda,,,r or DISC.
,-i.,-r n- "a, otherwise. rrg,r,rrd by law. If
teen as Ig,- notice SAIL he Given Inv
rrsIIin, =. rlr,r ,r,rkh,Il.- ,yh, 3T,rrars n,
,u,E ON the. book, of the corrr7ry Al his
last Designated address. n- Al the General
DELIVERY IL New Orleans, If he has NOT
9r>lrnarrI an address. or hv delivery 10
him r,l -.~..,- an a.rf,,r,,rr,,,,, ..,tir5 ,b,.
Time and rl,r,. If the meeting Each share.
lnIdr- Shall lie entitled Ia one vote for each
share lf stock. whether common or pre-
i,rrrF standing in his name %, the hook
If rN, ,.r-.lr,ar.,. the said vote O., IN. r,sf IT,,
rrr.,r a- la ur.Ny and a ,,ai,-itv If the
y.t~- cast Shall rI,rr The hoard Of dirrc-
tors shall have rI, ppWr~ fn nj all vacancies
that may D..,fr on the board Failure 70 elect
directors ON the dav above specified shall
not dissolve the corporations but the di-ec-
tors then in office shall remain in office until
their successor, are elected and have 0UaIi-
fed The board Of directors at their first
meeting following each annual election shall
elect from their number a president and a
vIcc-prc>ident. and they shall likewise elect
bur not necessarily from among their mum.
rc- 4 secretary 4 treasurer and such other
officer, as the board Of director, shall deem
necessary The board shall have the power
I'M il, discretion, 10 unite two or more Of.
fees and the same 10 confer upon one Per
son II shall have the power g. fix the sal
aries Of all officers and Of such further Off
rr.~ and agents as they deem necessary The
board If director, Shall have The pnVcr 10
make aud establish. as well as alter and
amend all bylaws rules and regulations
necessary and proper for the support and
rr,,-,gc,r.,,, of fhr b-,sir,.s and stT,i-s ri
,9id cnrpora'ror not inconsistent with its
charter Said board shall also have the
pnyyr- and authority TO borrow money and
through the president or some Other fuliy ' au'
thorIzrd agent or agents to execute mortgages.
,suc notcs. pledges. bonds. or o'he~ obIiga.
lions in such amounts and on such terms as
In their Judgment may be advantageous. and
generally to do all things reasonably necc,-
sarv fpr the proper CARRYING on OF the bust
me-, Of said corporation. a. also to issue and
deliver full paid share, Of stock and bonds
or obligation, OF said corporation in pay
rrlgut of money narrowed or money labor or
service, or rropc-tv or rights actually re-
cr,yed hy said cnrpo-ation as heretofore set
forth and Shall have mower 70 do all such
arr> and things a. NAV be necessary 10
carry ont the object, Tor which this cor
no-ati,, j.. organized Tv, directors shall
r,rsfirrr,e a orgrrrr1 for the transaction OF
any. business A. any meeting Of the hoard
~ director. any director absent from the
meeting may he rrrrrsertcd by any other
director who may cast the vote of said alb
sem director. The board Of directors shall
h,vr The po,yr- by ruauir1ous vote of not
Irs. ,f,n t,o.thirdS of all directors 10 sell
lease. mortgage DIV bond mortgage or other.