The herald., 1916-08-31

| shall constitute quorum for the transac.
| non OF any business. The board Of directors
| shall be vested with full power and authority
| 70 MAKE all contracts, purchases and sales,
anu adopt all bylaws, rules and regulations
| Tor the government OF the business and al
| iairS OF the company, and alter, amend and
Cnahge me same at pleasure; appoint hire
ana discharge all officers, agents and en-.
| ployeeS, hx all salaries, and generally 70 do
and perform all things necessary in the
transaction of the business and affairs OF
| said board shall be filled by the remaining
directors IN the manner provided for in the
| bylaws
The first board of directors of this CORN.
ration shall consist of Charles Fine, No lI2i
1t. Charles avenue, New Orleans; Never !
FRINGE, No. ISL ST. Charles Ave, New Or
leans. and Joseph Heron, No ~ Peachtrce
street, Atlanta, Georgia, with Charles Fine as
president and Joseph Heron secretary.
treasurer, who shall hold Office until the seC
ond wednesday of January, 1917 and until
fed. quar-
,o, On the second Wednesday OF January.
pH, and annually thereafter, an election for
directors shall be held at the Office of the
company, under the supervision OF two ~
commissioners TO be appointed by the board
OF directors, and the directors then elected
shall take their seats immediately and shall
mold office until their successors are duIv
elected and qualified. Each board shall elect
us own ofhcers, which shall consist of a
treasurer he
or director.
All corporate elections shall be BY ballot
and majority of the votes easr shall elect
and at all stockholders meetings held for
any purpose, each share of stock shall he
entitled to one vote, either IN person or nv
proxy, by the person in whose names sam,
Is registered on the books of the company.
Written notice of stockholders meetings
snaII De gwen to each stakeholder by the
NNN
lions, by mailing same, postage PREPAID 20
ms last known address
- ANY director absent from the city of New
= Orleans, or unable 10 attend meetings OF the
OodId OF directors may give his written
proxy to any other director, and said proxv
snail be voted i'll accordance with the writ
same. es
Article V.-This act of incorporation NAV
be changed, altered or modified or .ba 80
Doration may be dissolved in any name
prescribed by law; or with the assent al
.hree-fourths 90 of the stock present or rem
.eSented at general meeting Of the stock.
holders convened for that purpose after thirtv
sd days prior notice Of such meeting shalt
ave been gwen by publication in one Of the
AMY newspapers published in the city Of
n siG n nrieddns, by hye publications during
made IN reference TO the capital stock shall
Ne made in accordance with the then exist.
ng laws on the subject
ALcle WV henever this corporation j.
lssolved, either by limitation OF Ire rhsr,er
y from any cause, its affairs shall be lioui
lated by three CD commissioners 20 be an.
,ointed by the stockholders at meeting of
ne ne stockholders convened for that purpose
tter thirty 800 days prior notice shall nav,
zen gwen by the secretary 10 each stock
Older. Said commissioners shall remain in
nee until the affairs Of the said corpora
ION shall have been fully liquidated In
ase bf the death Of either cornmissioner. the
uTvIvOr shall continue TO act
Article NiII-No stakeholder Of thi, cor,
Grafton shall ever be held liable or respou.
ible Tor the contracts fauTs Of said corpo-
atlon, IN any further sum than the unnsid
alance due 20 the corporation on the shares
stock owned by him, nor shall any mere
lioTnaiiiy IN organization have the effect
rendering this charter null or OF expos
1g stockhOlder 10 any liability Beyond
ne balance due on his stock.
The subscribers hereto have each written
pposite their names the number Of shares
Inscribed for, 50 that this act Of incorpora-
on may also serve as the original subscrip-
on list. Said subscriptions amounting 70
We thousand dollars, to be paid in cash.
Thus done and passed in my Office, a. the
~ u New Orleans, on the day, month and
ear nerelnabOve first written, in the pres.
nee Of Warren V. Miller aud Charles Han.
m, competent witnesses. who hereunto sign
elr names together with the sad aupearer
ID me, notary, after due reading Of the
hole. lnterlineation and ensures made and
proved before signing.
tNames Of Signers)
NitnesSes: Warren y Miller, Charles
AMMAN.
FRED c. MARX, Notary Public.
ate Of Louisiana. Parish of Orleans.
l. the undersigned recorder of mo,,g.a..
and for the parish Of Orleans, State =;
,1isiana. Do hereby certify that the 49,
ID foregoing act Of Incorporation OF 49,
Te'7y S9'I. incorporated, was this daY
~ -eonrded IN my Office, in bool i51}
lilo --. Ne'y Orleans. La, Aug. 90 1oiS 'i'
(Sisneb EMILE J. LEONARD, DIV p
\ true copy. ~
(Signed)
FRED {. MARX. Notary Public
~ ~ sept Il p Is oct 5