The herald. [volume] (New Orleans, La.) 1905-1953, 1917-12-06
CHARTERS.
and to accept the conditions of said Ordn-

- shares OF stock. Said board of directors
shall be elected annually on the first Mon.
day OF October of each year, the first cleo
tIon TO be held in the year of 1918, pro-
vided that within the limits fixed by this
charter the duly elected board Of directors
may, at any time, by a threefourths vote
OF the entire existing directorate, increase
The number OF directors and fll the vacancy
or vacancies thus created. All such cleo
tions shall be by ballot at the Office OF the
corporation, under the supervision of three
80 commissioners to be appointed by the
board of directors, and in the absence of any
commissioner, the president shall have the
power 10 fill the place by appointment; and
of all such elections, as well as all meet
ings OF stockholders except when otherwise
required by law, fifteen days notice shall
be gwen, either personally or by depositing
IN the post office, properly addressed 10 each
common stakeholder, such notice being ad-
dressed 10 the stockholders last designated
address, or at the General Delivery at New
Orleans, Louisiana, if he has not designated
an address, and announcing the time and
place OF the meeting Each common snare.
holder, and IN those cases in which pre-.
ierred shareholders are entitled to vote each
preferred shareholder shall be entitled to
one % vote for each share of stock stand
ing IN his name on the books of the com.
pany, said vote to be cast in person or by
proxy, and the majority of the votes cast
shall elect The board of directors shall
have power 70 fill all vacancies which may
occur on the board Failure to elect the
board OF directors on the day above speci-
ned shall not dissolve the corporation, but
the directors then in office shall remain
IN office until their successors are elected
Due notice Of election shall forthwith be
given, as above provided and such notice
OF election shall be continued to be given
until an election is held. The board OF
directors at their first meeting following
each annual election shall, out of their num-
Der' elect president and two vice-presi-
dents, and they shall likewise elect, but
not necessarily from their number, a secre-
tary, treasurer, and such other officers as
the board of directors shall deem necessary,
Inc board shall have power in its dscre-
ton, to unite two or more Offices and the
same to confer upon one person, and shall
nave the power to Tx the salaries of all
officers. The board of directors shall have
power to make and establish, as well as
alter and amend, all bylaws, rules and
regulations necessary and proper for the sup
port and management of the business and
affairs of said corporation, and not incon-
slstent with its charter. Said board shall
also have full power and authority to Dor
row money through the president or some
other duly authorized agent or agents, TO
execute notes or other obligations in such
amount and on such terms as in their judg.
ment may be advantageous; and generally
to do all things reasonably necessary for the
proper carrying on of the business OF the
corporation; also to issue and deliver full
PAID shares OF stock or obligations of said
corporation in payment of money borrowed
labor, or services, property, or rights ac-
tually received by said corporation as here.
tCtore set forth; and shall have power 10 do
all such acts and things as may be neces.
ssry to carry out the objects and purposes
tor which this corporation is organized
The majority of the existing board shall
constitute quorum for the transaction Of
any business at any meeting of the board
OF directors Any director absent from the
Tnae- fNWNrr h.
director, who may cast the vote of the said
absent director, according to the written n.
structions of said absent director.
The board of directors shall have the
power, by unanimous vote of the board Of
directors, to sell, or lease, or pledge any
ana all of the property, movable and i'm.
movable belonging to the corporation or
to receive in exchange therefor money, or
stocks, or bonds or other obligations of any
corporation without referring to the share
may also purchase for stock, or for cash
or on credit, property of any kind required
for any of the purposes of the corporation
without authority of the shareholders.
Until the next general meeting to be held
under this charter on the first Monday of
October, 1913, or until their duly qualified
successors are elected and installed, the
board of directors shall be composed of
Michael A. Baccich, 1887 Gentilly Boule.
Lafaye, 1907 Gently Boulevard, New Orleans
louisiana; Roch E. E. de Montluzin 1855
GENTLY Boulevard, New Orleans, Louisi.
ana; Frederic Wilbert, Plaquemine, Lou
isiana; Hughes J. de la Vergne, 1881 ST.
Charles Avenue; with Roch E. E. de Mont
luzin as President, Frederic Wilbert as vice
president, Hughes ]. de la Vergne as vice
President, and Michael A. Baccich as secre.
t1ry and treasurer
Article VL-Whenever this corporation
shall be dissolved, from any cause, its af
fatr eL,11 10 L.. IL
holders to be appointed at a general meet
ing of stockholders convened for the pur-
pose of liquidation, as hereinafter provided,
each share of common stock being entitled
to one. ID vote to be cast by the holder,
either in person or by proxy. Said commits
sioners shall remain in Office until the af.
fairs of said corporation shall be fully set
tied and liquidated, and they shall have
full power and authority to transfer and
give title to all the property and assets of
the corporation, and to distribute the pro-
ceeds. In case of death, disability, or res
ignation of one or more commissioner or
commissioners, the vacancy shall be filled
by the surviving commissioner or commits
sioners
Article VII-This act of Incorporation NAV
be modified, changed or altered, or this cor
poration may be dissolved with the con-
sent of two-thirds of all of its common
stock, represented at a general meeting Of
the stockholders convened for such pur-
given in one or more daily newspapers pub
Hshed in the Parish of Orleans, State Of
Louisiana, once week during thirty days
preceding such meeting, and upon the date
of such meeting, and by notice mailed al
least fifteen days prior to such meeting to
each stockholder who appears as such on
the books of the company, to the post-office
address designated by him; and in case of
failure to designate an address, to the Gen.
eral Delivery, City of New Orleans. Any
change which may be proposed or made in
reference to the capital stock of said cor.
poration shall be made in accordance with
the laws of the State Of Louisiana, on the
subject of the matter of altering the amount
Of stock of said corporation. 1t may be
increased or diminished upon compliance
Herewith. The said stock may be increased
to maximum of twenty FIVE hundred (25O0)
shares of preferred stock of a par value of
one hundred dollars $4,000, and a maxi
mum of FIVE thousand 5000 shares of COM
mon stock of a par value Of one hundred
dollars $4,000 per share.
No stakeholder shall ever be held liable
or responsible for the contracts or faults Of
said corporation in any further sum than
the unpaid balance due on shares of stock
owned by him. nor shall any mere infor-
mality in organization have the power of
rendering this charter null, or of exposing
any stakeholder to any liability beyond the
amount due his stock.
Article VII1.-There is annexed hereto an
accurate, detailed and itemzed description
of certain property, being a certain priv.
lege, permit or franchiseto operate a Gem.
etery in the City of New Orleans, and
certain real estate which is to be conveyed
to this corporation in payment of certain
subscriptions for a total of one hundred
thousand dollars (sl00,0O000) par value OF
eight per cent $50 cumulative preferred