The herald., 1916-09-14
FHE MURRAY HILL BUFFET
j. VEZIEN. PROPRIETOR
WINES, LIQUORS, CIGARS, ETC.
Jackson Beer 90 a. G SSa:e:s. 7;-,:;

which electrodes is a secret and known solely
to the said George Vincent Frye.
Said assignment shall be further evidenced
and supplemented by a contract between the
corporation and the said George Vincent
Frye, providing and STIMULATING for the de-
posit of said process, formula, or method, in
safety deposit vault in some bank in the
city of New Orleans, which contract has al
ready been submitted to and approved by
the said Frye and the Board of Directors of
this corporation.
And it is further understood that at the
termination of this corporation, whether by
Limitation, by voluntary or involuntary dis
solution, for whatever cause, that no fur
secret electrodes shall remain in this cor
poration, or in any of its stockholders or
creditors, but that all of the rights which
are granted to it as above set forth, shall
at once revert and become vested in the said
George Vincent Frye, his heirs or assigns.
And the said A. franklin Pugh, George
Vincent Frye, Oswald Ogden, Ernest J. Tay.
or and ]. Clifford Lyons, comprising all Of
the members of the board of directors Of this
corporation, in accordance with the require
ments of Act 267 of 1914, OF the Legislature
of the State of Louisiana, do hereby value
and appraise the right of use to said pro-
cess, formula or method and electrodes at the
valuation of fOrty-seven thousand FIVE hum
dred ga, 10000 dollars.
The capital stock of this corporation may
be increased to one hundred thousand SlO0,-
0O00O dollars.
Article Vail the powers of this corpora
ton shall be vested in and be exercised by
board of directors composed of FIVE stock
holders, TO be elected each year by the stock
holders at their annual meeting; each direc-
tor shall be bona hde stockholder, and the
first board of directors shall serve until the
election to be held on the first Tuesday in
February, 1917, and until their successors
are elected and qualified, which board, with
their post Office addresses, is as follows:
A. Franklin Pugh, S24 Gravier ST., New
Orleans, La, who shall be PRESIDENT; George
Vincent Frye, l1 n. Rendon St, New Or
leans, La, who shall be LIST vice president
and general manager; Oswald Ogden, 3l5
Walnut street New Orleans. La, who shall
he End vice president; Ernest ]. Taylor, S24
Gravier street, New Orleans, La, who shall
be secretary and assistant ,treasures; J.
Clifford Lyons, S24 Gravier street, New Or
leans, La, who shall be treasurer.
On the LIST Tuesday in February, 1917, and
annually thereafter, except when such day
shall fall on a legal holiday, then upon the
next following lay day, the stockholders shall
year, tie board already installed to continue
to hold over until their successors are elected
and qualified.
The board of directors 50 elected shall Sc
lecr from their number the officers OF
the corporation, who shall be a president, LIST
vice president, who may or may not be gen
eral manager, End vice-president, treas
urer. and secretary, who may be assistant
treasurer.
The Office of the secretary and treasurer
may be held by one and the same person as
secretary-treasurer, as may be determined
by the board.
The election of directors shall be by ballot,
and the persons receiving the largest number
Of votes shall be declared elected. For elect
ing directors or for any other purpose, each
share of stock, whether present or by proxy,
shall be entitled to one vote. majority OF
the votes cast shall be required to pass any
resolution, or decide any question submitted
to the stockholders, except for the alteration
or amendment of this charter, or the dissolu-
tion of the corporation, as hereinafter pro-
vided.
The said board of directors shall have power
and authority to make all necessary rules
ton and control Of the business of the cor
poration, as we'll as to make all necessary
rules and bylaws, with power to NIL any
vacancy occurri ing in their number or any
vacancy occurring among the officers OF the
corporation. A majority Of the directors vot-
ing at any one time, in person or by proxy,
shall be required to pass any resolution, or
adopt any bylaws, and which, when so adopt
ed, shall become valid corporate acts:
Article VI-Nqtice of all meetings of stock
holders for electing directors, or for any other
purpose, except as may be hereinafter oil
rected, shall be given IN writing by the sec
| rotary, TO be deposited in the mails at least
| fifteen DAYS before such meeting, directed to
! each stakeholder at his last known address
| appearing upon the books of the corporation,
unless said notice is waived in writing by
all the stockholders appearing as such upon
the books.
Article VII-This act of Incorporation may
be modified, added to, changed or amended
or this corporation be dissolved by and with
| the assent of the holders Of two.thirds IN
amount of its then entire outstanding stock
given at a general meeting of the stockhold
ers to be convened after fifteen days prior no.
tice, to be given in one of the daily nevspa-
pers published in the city of New Orleans
in additional to the personal notice TO each
CT the stockholders, as provided in Article
VI of its charter; and such changes as may
be made in reference to the increase or de.
crease of the capital stock shall be preceded
\ by such notice, delays and formalities as arr
| by law enforced