The herald., 1916-02-10

I 0GTGDN nXG0 n y,
thousand dollars is50OOOOO. N he reo-es ,irr
ed by five hundred C5OO shares NJ III ~
value of one hundred dollars (sln0O on e,rb
payable according 10 law, which caDitaI storL
amount of one hundred thousand Jolls ,--s
(SlOlnOOO.
! Article IE-Trausfers Of stock shall Ls
1 made on the books Of the co,urauv o,I,,.
but no transfers Of stock shall he made vyi,,Ia
there exists any Indebtedness on The part nj
| the owner thereof 10 the COMPANY
| Article V-Al the corporate povyrrs Of THIS
corporation shall be vested in, erioved and
! exercised bv a board OF directors IA Le r,.,-.
I posed Of three Stockholders a majority ~;
| whom shall constitute = quorum f,r ,r,
transaction Of business, which hoard of dire
| tors shall be elected auuuslly on the second
| Monday in January Of each year and ur,,i
/ the second Monday IN JANUARY Of 1921 ,h,
following stockholders Shall constitute ,h,.
FIRST board of directors, to-wit:
Oscar r. Whldcu, E2l St Charles Stree,
New Orleans La; Jacob C. WhHdcn. 81I $,
NicoI,on. 32l s, Charles Stree Yr 0~yr,r -,
La: of which Oscar K Wilde, shall he
president; Jacob C. Whildcu, vicc.prr~ilcrt.
and G.. ID. NIcolson shall be scercttry-tret,-
urer.
All elections shall be bv ballot and shall
be held at the office Of the company and he
conducted by three commissioners L, be an
pointed for tina, purpose by the board of dire.
tors, and notice OF such election shall he
given 10y mailing notice Of such election
20 each stakeholder OF record AZ hi, r.,r
oitcc address At least ten day, rrjo- thrr,,,,
Each stakeholder shall be entitled. i'm rrr.
son or bv proxy 10 one vote for ,lrr, sh,-o
Of stock owned bv him. and rlai,ri,y of The
votes cast shall elect
A failure 10 elect directors nm the H.,
above sprcrfrJ Shall MOI dIs.ol,, ~ I'-.
por3tiou hilt the. then rxistrD, b,,-j ~ 4,
cause another election to be held as soon
thereafter as possible upon giving the same
notice of election as above provided
Vacancies occurring in said board shall he
filled hy the remaining directors.
Al their FIRST meeting tito ia .Ioc,:.,
the board Of directors Shall elect from T'' HEN
own number a president, a yice-prcsidenf and
4 secretary and a r-easurer. which last tgro
named oaiccS NAV he held NV one s@I t ~"
same person: II shall also appoint manager
and all agents. clerks and Other cmnI,y@rs
as shall or NAV be necessary and fix rbcir
salaries ANY one Of the oflccrs 50 consti.
tuted may likewise hold the office Of mana
ger.
Said board Of directors shall make and cs-
tahlish, as well as alter or amend from
time u time any and all bylaws. rules and
regulations that they NAV deem rcr,s>,-, /
for the government and management of the /
affairs of the carnuary
Article NI.-This corporation shall exist /
and have and enjoy succession by lis cor /
irou the date hereof. and shall have and en- 1
iny all RIGHTS o-ivilrges srI ,I,.,,,,,,.s
granted by law TO- corporations.
Article VII-Au citation and other legal
pracc,, Shall be served ON The rrc.iIe,t -
IN his absence. ON the vice president Of said
corporation In the absence Of both of sad .
officers then said proccss shall he sa-,,4 an .
the secretary.
Article NIII-Whcnever this corno-atio-
is dissolved. bv limitation or from any otbcr
cause, its affairs shall he Inundated hy th-,e
TO be appointed by the STOCK
holders. at general meeting 10 be con
yeued and called for that purpose after
thirty davs notice given ), any 6-,t NJ The
iaiIv papers published in the civ of Nr,y
orleans
Article IN-This charter Of act Of inro-
,oration may be modified. changed or altered
IS provided by law.