The herald., 1916-02-24
AMENDMENT TO THE CHARTER

OF TIE "GERSON REALTY Co. INC"
! United States Of America, State Of Louisiana,
/ City Of New Orleans, Parish ~ Urcans.
BE II known. that on this S,h day Of the
: month OF January, in the year OF our Lore
one thousand nine hundred and sixteen and
+ Of the independence OF the United States Of
America, the one hundred and fortictn, brrorg
me. Theodore a. SChuber, a notary public,
duly mmiSSIOned, sworn and qualified, in
and for the above city, parish and state there
IN residing, and in the presence Of the wit
neNscs hereinafter named and undersigned,
personally came and appeared.
Mr.. Harry s Gerson and Mr. Samuel v
B Edmston, both of lawful age and residents
Of tins city and state and herein appearing
IN their respective capacities Of president ana
secretary treasurer of the Gerson Realty Co,
Inc, a corporation domiciled in this city Of
New Orleans, la, organized by act before
the undersigned notary public on the 18th
day Of January, 1918, and recorded IN tnv
mortgage Office for this parish OF Orleans IN
book ll27, folio 80.
Which said appearcrs declared that pursuant
to a resolution adopted by rne stockholders
u SAID corporation passed at a stockholders
meeting held on the sth day of January,
1916 a certified copy Of the minutes of which
meeting are hereto annexed and made a part
hereof said meeting having been convenca
for the special purpose rected in said re.,-
luton and in accordance with law and the
requirements Of said charter, the following
changes and amendments were made in the
original charter executed before the under
signed notary public on the 10Th day Of Jan.
uary, 1915:
Article V.-All Of the corporate powers OF
said corporation shall be vested in and exeu-
cised by board Of directors, 10 be compoSer
Of not more than nine less than five
stockholders majority of the duly elected
directors sitting at any one time shall CON
stitute a quorum; said directors to be elected
annually the second Monday Of January
beginning with the year 1916. Each stock
holder shall be entitled in person. or by
written proxy to one vote for each share Of
stock owned by him. and standing IN his
name on the books Of the corporation.
All elections shall be held under such rules
and regulations as may be determined by the
board Of directors, after legal notice Of sucp
election shall have been given to each stock
holder by mail, sent to his last known ad-
dress, at least IS days before such meeting,
or by publication in the English language
in the City of New Orleans, for at least IS
days preceding said election. The directors
thus elected shall continue in office until their
successors have been duly elected and quail
ned; no failure TO eject shall be regarded as
a forfeiture of this charter. Should the
stockholders at their annual meeting fail to
elect the full nine directors, then and in
that event the directors duly elected shall
have the right from time TO time, TO elect
from among the stockholders of this corpora
ton, the number % directors which the stock
holders failed TO elect at said annual meeting,
the same as in case Of vacancy occurring
on the board hereinafter provided for.
Any vacancy occurring on said board Of
directors shall be filled by the remaining
directors for the unexpircd term. Said board
Of directors shall at ats first meeting after
its election elect from its number a presi-
dent, two or more vice presidents, and a sec
rotary and a treasurer, with the right 20
combine these two last named Offices IN one
person.
Said board Of directors shall have the right
and power to appoint and dismiss such clerks
and employees OF the corporations as condi-
lions may justify, or the business Of the cor
DoratIOn may require. The tenure Of Office Of
all employees Of the corporation shall be
during the pleasure Of the board OF directors
The board Of directors may from its number
appoint an executive committee, which said
committee shall consist Of three members
including one Of the officers Of the corpora
ion, and the board Of directors may dele
gate such managerial powers as II deems nee
'ssary to the executive committee, who shall
eport at each meeting Of the board Of dITec-
Said board Of directors may name and ap-
,oInt such other committees as y may deem
necessary for the purposes Of this corpora
The whole Of the above will more fully ap-
ear by the annexed certified copy OF the
minutes Of said stockholders meeting
The said appearers having requested ne
otary to put said amendments IN authentic
)rm, / do by these presents, receive said
uendTents in the form Of this public act %
he end that the said amendments may be
and recorded. and thus read into
he original charter passed before me, the
notary public, on January 18Th,
Jl5.
Thus done and passed in my Office in the
ity # New Orleans, La, on the date here
1ab0ye hrst written, IN the presence %
iessrs Edgar VI. Calm and William F. Con-
ertou, competent witnesses who her-unto
ign their names, together with the said ap-
carers and me notary, after due reading
{ the whole.
Original Signed: Harry 6 Gcrson Presi.
ent; s V. Edmist1n, Secretary. Treasurer
Witnesses: Edgar NJ. Calm, Vim. +. Con- 4
ertOn. -... ..,.-.- -,
THEODORE A. SCHUBERs
Notary P1h1{6
7. the undersigned recorder Of -
n and for the parish Of Or!ean7
.orl.siara. do hereby certify that
nd foregoing act Of amendment 4
e- o.; Gerson Realty Co, Inc, was2y
uly recorded by me in my Office IN book No.
l95, folio ---.
New Orleans. Ian. 70, 1916
lSignedJ EMILE J. LEONARD, by. R.
A tue copy.
rgryr-pEp No,.rv