The herald. [volume] (New Orleans, La.) 1905-1953, 1916-12-28

snail have the right 10 elect as directors
d suihcient number Of stockholders having
ne qualihcations for directors 70 complete
me board whenever same shall have been
increased as herein authorized, said direc-
/ tors TO serve until the annual meeting next
thereafter to be held or until their Succes.
/ '2rS are elected. All vacaICies in the board
d directors from any cause shall be filled by
the remaining directors at any regular meet
ing, or Al a special meeting of the directors
leid Tor that purpose. Four members OF the
,oaIu sldll cons,itte quorum for the trans
acton OF all business. Each director at the
.i'ne OF his election shall own at least one
| tuil paid unpledged share OF stock
ne directors shall be elected annually,
IN the third Tuesday OF August Of each wear
al meeting Of stockholders called for that
purpose after notice given as required bv
LdW. Al the hrSt meeting Of the board Of
directors after the annual election they shall
elect from their number a president, a vice
president; secretary and treasurer, and
The board shall have the power in their dis
Ieil"h 10 unite two or more offices, and the
same 10 confer on one person.
All elections shall be held by ballot
ard a majority Of the votes cast shall elect
Zach share OF stock shall be entitled TO one
vote to be cast by the holder thereof in
person or by proxy or by letter the sigma.
,ure to which is duly acknowledged as re-
CURED by law, and said stock may be voted
cumulatively.
"A failure TO elect directors on the date
speclhed for the annual meeting shall NOT
dissolve the corporation, but the directors
then IN ottlce shall remain in Office until their
successors are elected.
The board Of directors shall have the
right from time TO time TO appoint such otti.
Gers, clerks, agents or other EMPLOYEES or
committees as may be necessary for the
proper conduct OF the business and purposes
u the corporation, and shall have the right
10 appoint an executive committee composed
II three members and TO delegate 10 said
committee all the powers and authority pos
Sessed by the board, under such rules and
regulations as the board may fix. All such
appontees shall hold during the pleasure
# the board
The board of directors NAV make and
establish, as well as alter and amend all
bylaws: rules and regulations necessary and
proper for the support, management and con-
duct OF the business and affairs of the cor
poratiOn. Said board shall also have the
power to borrow money, execute mortgages
authorized by the stockholders, issue notes
bonds or other obligations. payable principal
and interest in lawful money of the United
States, or in United States gold coin and
generally TO do all things reasonably neces-
Sary for the proper conduct and management
II the business Of the corporation; and also
20 issue full paid shares of stock, bonds or
obligations of said corporation in payment
for labor done, services rendered, money Dor.
rrowed or property OF, rights actually received
by said corporation"
Appearers further declare that they do
hereby authorize and require the said
changes and amendments to be duly incor-
corded and published according to law, to
the end that the same may be operative and
binding all persons whomsoever.
Thus done and passed at my office at New
Orleans, on the day, month and year herein
irst written, in the presence of Edward Mac
quillan and Leo /. DubOurg, competent wit
nesses, who have hereunto signed their
names, together with the said appearers and
me, notary.
Original signed: p Seton Schneidau. w.
L. Lawrence, Sec.-Treas. Edward Macquillan,
Leo L. Dubourg.
HENRY p. DART, JR., Notary Public.
|, the undersigned recorder of mortgages,
for the parish of Orleans, do hereby certify
that the above and foregoing act of amend.
nent Of the incorporation of the Moore Ro-
tary Stump Cutter Company, Inc, was. this
day duly recorded in my office, in book 1901,
folio -.
New Orleans, La, Dec. 7, 1916.
A true copy.
(Signed Henry P. Dart, Jr., Notary Public.
dec IA p rs jan II is