The herald., 1916-01-06

ANY stakeholder NAV sell or ass;o, -,
Iahsler his stock in the said cornor9t,;or
provided thirty 800 days prior notice of s,,cL
80! 10 sell or assign or transfer the
~ DC gwen TO the company, and the hoard
OF directors Of this company shall ~ ,I,
NJ privilege Of purchasing for the comma,
nc Said stock; and in the event Of the Lo--J
'N'oiS refusing or neglecting this on.
- !" purchase the said stock after said
m the open market -" '''u
me stock OF SAID corporation may be ,rans.
.v'ITu under the above conditions. provided
| '..'" L'iNieT thereof be made. on the h,1ks
81 SAID company and upon the s,7rrc,,5c. -
/ t'O ''TtACdte thereof. No transfer Of INV
F,,,omdI part Of a share shall be n3dr
| III " ne powers OF this corporation
! N.'.' ne vested IN, and exercised by bn1rI
'e :" directors, consisting Of the prcsi-
| ue''' Nlce-pres Ideut. ScCretary-trr3s,,ror ri
| TWO members of the board who shall he
/ St"IN"'ldeTN; three members of the hoard
/ non OF business ''~
/ The following persons shall constitute ,hc
! "i>t board Of directors. William Uarn,
/ Pc,'Heni' Julius Gerson, vicc-prcsidcrt.
/ t"hN I. Mitchell. neutrality-suspicious.. and
Tii in'TN J. Iortorlch and Samuel Mayer.
Inns board OF directors shall continue in
ot,Se until the second Tuesday in Iarr,rv
! IN on which date, and annually therraf,cr
l"etT successors shall be elected Notice NJ
I Such election shall be given by ten Um d,ye
Nh ..uous PuhIcauon in any newspaper in
,"e cry OF New Orleans. said election shall
, be conducted by commits soncr, announced L,,
the board Of directors ~
Any failure to elect directors shall No,
H'>N'iNe TINS corporation, but the directors
,"rn III ONCE shall hold over until their sue.
S'NN'fN are elected Each stakeholder shall
De entitled TO one vote for each share If st,rL
registered IN his name Votes NAV he re-
corded by proxy. The election Of directors
Nnal De by allot. and majority in amount
81 votes east shall elect the person for whom
lneE nave been cast. The board Of directors
NhaI elect their own officers
Article NI-Thc board Of directors shall
nave power 10 MI vacancies IN their number
T4uSed by death, resignation or otherwise.
The SAID board of directors shall nv. E,,II
control Of the property and business NJ his
Company aud Is authorized to adopt such
bylaws and regulations as the business o.;
'He '"TP"iatalou may require. Said board
nan eject or appoint manager. a1d may. IN
us discretion, delegate special power and
authority TO said manager for the purpose OF
properly conducting and managing the bust.
ness of tins corporation
Article Widths charter may be changed /
n"dlird or amended, or this corporation ma,
Ne dissolved, at a general meeting Of the /
SI'Chh"ldc"S convened for that pu-pusc after |
IHr r"uCe. II at any time this corporation /
should desire 10 dissolve its affairs tLra,. !
commissioners shall I've selected for ia, n,,r-
pose from the stockholders, at a meeting /
regularly called: said stockholders shall re- /
main m ONCE until the affairs Of the CORPORA.
Ton have been fully liquidated: and in CASE /
81 vacancy IN their number, the survivors
shall continue to act.
Thus done and passed, in my notarial Of
nee IN the parish Of Jefferson, on the dav and l
date herein first above written by the na-
the presence Of MesSrS. Joseph A Casey and
Zen. ttocke. competent witnesses. who here. |
unto sign these presents, together with ap- |
pEaTer' and me- notary, after due reading