The herald. [volume] (New Orleans, La.) 1905-1953, 1916-05-11
II III E III E II A LID


| to be issued for cash. or in payment for
property actually received or purchased by
said corporation or for labor or services
| rendered, and shall be full paid at, the time
Of its issuance and non-assessable: all GER
uhCates OF stock shall be signed by the pres
! Ident and COunter-signed by the secretary
| treasurer OF the corporation. The capital
stock OF this corporation may be increased
| 10 the sum Of fifty thousand dollars
! Article N.-All the corporate powers 81 SAID
by board OF director, to be composed OF
| three stockholders a majority of whom shall
! constitute quorum for the Transaction OF
! business. The first board Of directors shall
| be composed Of. William W. Ncsterhcli 9J}
| Ricau, 1O5 North Peters Street, New Orleans,
| La; Maurice l.. De~tprges, 2'S North Peters
! Street, New Orleans. La. OF which William
| ". Wc,,cricld shall! be president, Maurice h.
/ DcstprgeS, vice president, and George J.
! RlSau, secretary treasurer
| The sand officers and directors shall hpld
oncc until the second Monday in January
/ i9l7. unth thcrT sIcccs>urs are duly
elected and installed
| On the second Monday in January, and
annually thereafter, meeting Of the stock
! holders >.aH be held ~ the purpose OF
! rIrCinE 't"ect9rs Tor the ensuing year;
such election shall he by ballot and At the
/ tumicI.c ~ the corporation, and the stock
/ holders receiving the votes 81 the majority
| u the shares cast shall hc declared elected
| Failure to hold an election on the day Spe-
! ,tnct SHALL not dissolve the corporation but
] the directors III ONCE shall hold over uut. an
election shall be held Neither shall failure
] 10 noId an annual meeting cause iyTic.iUre
/ a. this act OF las'rpoIa'l"n. he directors
| when elected shall sclec; from their number
! a president. vyc-PTo..drnt and secretary
treasurer, they shall appoint such officers.
agents, managers. and employee. - they
may dee" necessary 10 tine proper 1g"da-,
/ ~ the business OF the cooperation. and VINO
! 'hr pleasure II the board In case u Va
! canoy ~ the board 81 directors from death.
resignation, removal or any other cause the
/ rcwtt"Ens members ~ the H'a-1 shall. ae' as
| full board uutI the next annual meeting.
! ~ case % such vacancy among the 1'r-rf~
! the board snail have .@e r'"rE g. iA such
vacancy from among the sio'Ah"Iic.s %. the
! cooperation.
All ir''HlNs'fE notes. drafts. checks. a'-
! rcrianor', contracts. aud miHcr evidences "i
/ indebtedness, a> well is Obligations ID. every
EA'"fe 'lnI."S upon ms y''Porai'"Hr Ta'"
tic event ot pa, absence, az Inability 10 a-,.
Fl, 10y. ,hr, p,e,,.dga. .r..
holders tn. election Ut director, or Tor any
,ary- 'gct>1rc.. ~ ~-ueu o- printed notice,
by drP"N'lns in iar "lil, hostage prepaid.
and directed 20 each >i',hH'.trr at rs nF
arr last Known address 49, shown 10y Tie
be- mailed r't'ren ll day before the ia'c
~Ft lHI I.t next meeting, att.f~N 'lf same j.
waived ia writing 5y all The Stockholders ap.
p'a'.'s "n the books. At least ~" days be-
! fore SAID urrtlns c""@.r,r list "t stock
| holders vuiira O. vote shtA he open 'o IN
I >re.ti"n ay the -'o,k lo.de., AZ the place -
! ~AIl meeting. ~ all S&s. meetings every
| SEQ. Nat.IrT ~a-l. .e C"'iilcI Z" one vote i"r
! et,H snare ~ stock standing ln d." name on
| ;de books Of the corporation TO- 'e cast ln
! person or 10y written proxy, ana Inc MAJOR.
! l'y "i an me votes cast snail be Niihe.e"i
| - decide all questions voted upon except
] Tor iae alteration ame"Ime1i or modification
poratton.
|, SPECIAL meetings OF S'oChAoIdcrC may he
! held wlc" ordered 10y the board 81 directors,
Or by the holders oi I"enty-"'e yer cent Of
! me Outstanding Sap,'a' S!"'h' ana inc pre-
| laeht may or Sha!'; ca" s"cA meeting gy
! giving al 'ea>i rs" day notice 10 an STOCK
| h"'oeTS "i record III person gi tA'"ush mall
! u Nu,h notice De n"t MaiNed by unanimous
| Oo.Ae"J 81 an S''Shh',,Ie'S, @,
~ Aus" I 10 NLo ".H ,n1'' ever DC
! ny L''"'S ~ '0SPu"S'.te ''I ''iS S'..'. &C.
y. '"".., 81 mn t''P'i a'''i al Iu'Lle' nan
! ,.i' uiPf'u o1'auNe Gu' - '"e 'O'Po'a''""
Article NIIi-,Ih'e act OF incorporation may
! oe altered, U2llhIe4 OF amended OF tAe e2I-
at general meeting Of the stockholders
| called tog that purpose and notice thereof