The herald. [volume] (New Orleans, La.) 1905-1953, 1916-02-10
TIL E III E r. A l. ID


Of the shareholders each shareholder shall be
entitled to cast vote, in person or by
proxy, on each share OF stock held by him,
but no person shall vote any transferred
stock within ten days OF the holding OF said
meeting At all elections it shall require
three fgurths Of the votes cast 10 elect. At
ans meeting of the board OF directors any
director absent from said meeting may be
reure,rnted by another director, who may cast
the vote Of said absent director according 10
the written instructions OF said absent dlrec-
tor The board OF directors shall have the
power by unanimous vote OF all the directors
20 lease, sell, mortgage, or pledge any and
all Of the property, movable and lmmOyabIe,
belonging TO the corporation, without refer
euce t. the shareholders Tor power to dc so,
and they may also purchase tor cash, or on
credit. property Of any kind required for any
Of the purposes Of this corporation. without
authority from the Shareholders The board
OF directors shall have the power 10 issue or
confer general power OF special power on the
president % issue prCm'sSory notes and stheT
negotiable paper. 1t shall require the unanl-
nous consent Of all directors to transact any
business, or pass any resolutions or motions
Until the next general meeting to be held
under this charter viz: on the third Wedncs
day Of December, 1910. the board Of directors
Of thts company shall be composed OF Edward
CHASER HE Pension street New Orleans,
louisiana: ". George Schaeier, 2+JS Dauph'ne
street. New Orleans Louisiana, and Leo
Berry. Biloxi Mississippi, with Leo Berry
as president ". George Schacter as vice
president. and Edward CHASER as secretary
treasurer and general manager In case OF
any vacancy either IN the above named board
IF directors. or IN any other the said vacancy
shall De nIlei hv an election OF the stock
holder, held m the manner above provided
And all directors and oincers OF ms company
'hal remain an once uuI'l I"tF SUCCESSORS
are elected and qudllhth faliuTe 70 hoId
the annual election or meeting shall not dis
solve the coFI1iaion' hut the Fe't'hE shaH
ne A,Il as soon as l'S'''-e a''eI '"e regular
date.
Article NI-At the termination Of this char
ter by Limitation OF otherwise, the business
and affairs shall be liquidated by one hquIda-
tor % be appointed from among the stock
holders al q meeting Of he oekholders con
gcuci for such purpose after ten days notice
.n writing shall have been given by the secre-
tr4ry 20 each stakeholder IN person or by mail,
said hquldator shall be elected by three
inui,hs vote Of the shares Of the capital stock
p.tsru, or represented At said meeting.
Article NlI-IhIS charter may he changed.
altered or amended, or the corporation may
ac dissolved or ordered Nquldltcd by a vote
II thrce-touGths Of the capital stock present
or represented N a meeting Of the Stockhold-
cr- convened for such purposes, after ten
days notice IN writing shall have been gwen
by the secretary TO all the stockholders in
person or by mail
A-,-rfs VIII No str-Lholder shall ever he
held Iiahir ar rr.nons,bIc for the contract,
ar f.f,lfs Of this cDrporatIou in any further
.,,r1 ~, the ,,rnaid balance due IN the cor
- ~, Inc sbs-rs ~ st,rL owned Inv him.
nor shall any mere informality IN organiza-
ton have the effect Of rendering this charter
null or exposing any stockholder 10 any liza
bility beyond the amount OF his unpaid stock.
Article IV-The names and nostofice ad.
I-rsses of The sr5sc-iLeTs ~ the stool Of This
rorr,,~atinr and the number al shares sub.
s.riLsJ fnr Ty esrb NJ tber, are as follows
> i,g-d Ciascr Iz5z Pension street New Or.
- /, furrty sb,-es. / ca Rev Riloxi
Vi,, ,rc,tv sT7reS and " George Srhae.
i,r 2aGS Darnbire street. New Orleans. La
,.-',t, sb,rei ,,,,I ,7,,,,,L.r ~ shares sub.
,cribed for sixty (6O.
The subscribers to this act of incorporation