The herald., 1917-04-19
REMEDIAL RATES
4 Remedy for III. eurbitant
Interest Charged
DIAM ON DIS
GOLD and SILVER

,S,Jp,gHor dollars. represented by one thou
sand 1900 shares q one hundred dollars
lSlU each.
corporation shall he vested in and exercised
by d board OF directors composed OF no: less
than three 81 or NOT more than seven "a |
persons. each II whom. shall be the holder, Of
At leas; one share OF The capital stock OF this
company, three % OF whom, when represent I
ed either in person or by proxy, shall con.
sJtute a quorum Tor the transaction OF a.!
Any director in his absence at any meet.
ing OF the board %: directors Sha. have
power - appoint IN writing, any director or
stakeholder as his proxy. with tull power 10
&C: N his stead. at such meeting. The dlrec-
Tors shall be elected annually BY ballot, by
the holders OF the stock on the nrst Monday
Of January OF each year, beginning on the
t-si Monday Of January, 1918. Such elec-
tons shall be held and conducted at the
otlcc OF the company, under such regulations
as may be made by the board OF directors.
stockholders meetings shall be given IN a
manner required by law, and where not so
required, then previous notice OF such meet
/ ing shall he given IN writing, mailed 10 each
| shareholder at his last known pos;-ottIce at-
! dress At elections and all corporate meet
| ings, each stockholder shall be entitled TO
one vote for each share OF stock standing IN
! his name on the books OF the company, 10
! be cast by him or by his written proxy, and
! the majority OF votes cast shall elect. Inc
| board Of directors may from time 20 time
/ name ana appoint All SlCl OlllNClS anu SSNi'S
| as il may deem necessary for the purposes
! and business of the corporation, and shall
have power TO TX and define the duties OF
all officers and employees, who shall hold
| said board Said board may make and es-
| tablish all bylaws, rules and regulations
| necessary and proper in Its Judgment tor the
| management OF the business, and the ataIrs
| OF the corporation, and to alter and amend
| the same at pleasure. Said board of directors
shall have full power and authority TO Dor
row money, execute mortgages, ana crea ,!
liens. 10 issue bonds, notes and other obll-
cations, and 20 secure the same by mortgage,
pledge and hypothecation. or otherwise, and
generally 20 do any and all things necessary
for the proper carrying on OF the business
and affairs of said corporation, and to select
and establish an executive committee with
full corporate power, during the interim be-
tween meetings of the board.
The board of directors shall hold Office
until their successors have been elected and
qualified. They shall elect president, a
vce-president and secretary treasurer. In case
Of any vacancy occurring on the board from
death, resignation or otherwise, the remain
ing members OF the board shall NIL the va
cancy until the next election.
Article NI.-The following persons. to-wlt:
f. W Burgis, 52S Bouny STREET, New Orleans,
Louisiana; Z. Howard McCaleb, 498 Walnut
street. New Orleans, Louisiana; R. NJ. Sal
want, 320l CTsuline Ave; New orleans. Lou.
the first board OF directors, all three OF whom
shall constitute a quorum, with SAID +: ".
Burgis, as president; E. Howard McCaleb'
as vice-presdent, and R. NJ; Salvant: as
|. secretary-treasurer. who shall be the officers
| of the corporation and shall serve until the
, regular meeting OF stockholders on the hrst
Monday OF January 1918, or until thei. sue
The said first board OF directors may IN
crease the board of directors 10 seven %
, to be selected from among the stockholders
5 bv said board without further authorization
OF stockholders until the next annual stock
holders meeting for the election of sever
az directors and until their successors shall
! have been duly elected and qualified.
| Article VII.-Whenever this corpor alton !;
! dissolved. either by limitation or otherwise
( its affairs shall be liquidated by three llqui
E dators, to be selected by the stockholdsr
= after a meeting convened Tor that purpos
shall have been called.
r Article IX.-This act of Incorporation ma!
! be changed, altered. or amended, or said cor
S stock increased, as provided for by the law
| # this state, after a general meeting OF IN
:. stockholders shall have been called, ate
If fifteen days previous notice thereof gwen;
r Article Mo stakeholder shall ever b
s. leld liable or responsible for the contraC
5, said corporation, for any further sum tina
S, he unpaid balance due upon the shares
5, took subscribed for, owned by him.. nd
TO Iall any informality in organization hay
Id he effect of rendering this charter null
IN exposing stakeholder 10 any liabllit
IS eyond the amount of subscription to Il
ct took.
r. The subscribers hereto have given oppos
d heir respective names. the amount of stoC
e; this corporation subscribed for by ,ea'
ne them 500 shares of the capital stock
" his corporation subscribed for by the SUI
as -ribers hereto have been subscribed, az
oh crtihcates of full-paid and non assessab
IT. took shall be issued TO said subscribers
H. consideration Of the conveyance and transt
~ this company of the property and righ
to rore fully described and appraised by 4
nd directors named in this charter, in the e
n bit hereto annexed, made part hereof, al
be cad in connection herewith.
IS Thus done and passed. this day OF Marc
n 9l7, in the presence of Gerald Meter al
n, A. Woodvile competent witnesses
al awful age and both Of this city who hef
ng into sign their names with the said appea
ic. RS and me, notary, on the day and da
IT. lforesaid.
he Names Of Subscribers Omitted
nd Witnesses: Gerald Meter, J. A. Woodvil
ali ARTHUR B. LEOPOLD, Notary Publ
ell I, the undersigned recorder OF mortgage
or n and for the parish of Orleans, State
rs Louisiana, do hereby certify that the cha
er ter Of West New Orleans Light and Tracti
nd Company was this day duly recorded in 4
or Office in book 1916. folio -.
in New Orleans. March q, 1917.
IT. tSigned EMILE J. LEONARD, by. K.
ed ARTHUR B. LEOPOLD, Not, Pub.
march anil u 10 h NAV