The herald., 1917-11-29
CHARTERS

or 10 loan he purs
S such to ,. give credit to ,1 s9d s,s,
paTt;,' Il.ns as may sesu ea perss.s
ings WA wi,5 customers and 5@ o. ssspsd.s,
ne Te'h d. with the bS sHy or hs,sS..nas
, 90 80 enter into, MAKE Of
. CONTRACTS Contracts Of every so Perform ,ss ~
5~ n,,it:l Hr'n' aSsociatior and kipS SSS
~ "y.'l or municipai eorporass W
Sts,. ne ne United States o. BODY ~
Of =, territory or Colon. SSvsran.S Eng y
t taTf e.. export, IMPORT, s66v,,ernnent;
r5, ueal IN goods, wares ~ sell snS sa,sS
p 6nTr5,.y. OF every class @ad nercSS, ss;ss
p };nJl lease, or -. and desssae
Porauoa may ' deem Property ss;;aScasss !,
Tor the purposes "a Necessary aa T. I
o business in its own o.. rs business .',.ss
on cmomision, or 81 name, ~ @
to do any and all Ot,5herVise, "a "a
! terred. ''sH's and pow.aaeu -
co a9.s corporation shall ~.
COM. sue and be su.d nave d, :.
alter at p iis1., and the sam: and 4 =
Article IV.-The c,o;.., %
ptoFation. IS hereby sp.aI stock NJ s.
s seDtsd''f dollars, diyide, at thrse y
o sen by 5000 shares Sc into an ''aSs
ma my hundred dollars eacb the par - "a
AL az 10Y IN cash subscr;5,. ,Shicd ,saSS
ION ION; or by property I ,ld to ny
| SycT S's actually rendered ~a, Is . ~
naid stock when so So. . the r-.s
paIo and non-assessabl,es Issued shall
The capital stock ~,
as J;v; 'JhouSand dollars, ana t51cIeas,d h
Board of ' 6;o. herein at the S;'ay b, ~ ~
Of the u u r. directors and WIZ isSfetiOa ) s
Direc,orsO 10 poia'ion permits = ne &c sausS
from I'm. may also reduce Il. he Ba,T
corpo-,, 49,. 70 time from n. e eapial ~
Of rs Jpn sIl Dy calling in = ,ssIninn 8
from .. 9-ales' to be selec,sr5O p'rsioni <
such ,,, ",,,ong the Stockholm. oy dtnSss
Board Of '''f hir as may be agreed issort,l
No stoekholder shall ,.p Ts
Pose OF MS stock in tb;s I OF otherrs
-. - oheFing the same ~ 'pOTshon ny
80 80 stockholders, who sb.u Writing = y
a'usdI Of the same, and al al nave isa y
&c SG!d to the highest winch s,ocI ~
s.?ck,hoIders fail 10 AVA; ij'uqef &oVB -
privileges within sa;d themselves y
other person. OHered and sOS : !
Article V.-All of -.
Of Dir pe vested in and exercis.pS S'sis p,z
three stoci,L ~ Oe composed of ~. Saes
cb ,, .sJfoCkholders, but this ~ mo, not ess D.
hoidsSsu from time to tim. Si nay
In case "a meeting duly conv. ne Sai
s,,;n use OF any vacancy II seaed
catior 'n!ousn death, resignat;Osy dirss
tors ~ oIher cause, the ~. oisgnk
IS W me affirmative vo,. aassinins IN,
% .he board OF Directors no % 4 asus,
go 70 mold Office for tbs eect ~
sS Un u tne term of the direct. nexip'et n
s,Iaaa oe vacant, and until ~ waos 10
-. eol. any officers or emu, elecnOn q
I appointed by the Board S ~ Tye.s slsus
DC removed at any time nv .pplIeciO5 u,
majority az, OF the whole Of Il. nc Nt. d
me board OF Directors me- H'eeton
=. by affirmative yo,. st a It's &,
me entire Board of Directors majority 1
ane board of Directors, an appoint IN
mltlee OF not less than ,br.. executive ~
majority shall constitute a GU. W Who h
CoHinlttee may have or eYs-S un, and nj
D;-s sne powers conferred by 4. Ga
The Board shall elect from .
, SSs suI, one or more Vice.P,s,45ensal
I secretary and Treasurer ~ .tleadents ID
out Inc latter two officers ma. eor0pradn
"a i one person, and may De SI.S Ss co1ti,a
OF non-stockholder. y ~
any Director, unable for
81 or De present at a meet;ns .ssSl 3
10 proxy TO any other directoss nay ~
MS place and stead. e1'Os 70 aa Z
ne board of Directors ,b,h &.
q all ines en;.y and . nave ID
Sh9le corporate power, includ;ns s ~. Q;
= iesse' sell, mortgage or convsv ~. Esr
. the operating plant of the cor,. s.l ~
ne real property upon which !, .aoa
$50 ~ "a %noie ortin part; to transts-
merge the said corporation v;,h ana
orpcoration directly or ind;rsc.l.s any one
eceive in payment and SEMI a1d b
~ ,he Ease; SAFE; mortgage, transfer * ~
,,cb . IuII Pald certificates Of stock n :,
a WI eorp3ration, and to distribute ali M
Gu S.oek 10 the stockholders Of M, ~
=. a:Ion IN the proportion of their bd5;..,
- at the time of the consunuats, Z
wi transaction; to issue shares Al ~
20 tne amount to which under this N.
y Ihe STOCK may be increased, orUyid.S 4.
20. proposed increase shall be read n :.
thg ana laid over for action a, the ~
leetlng OF the board before II q ,S,r..1
na, on such action, the new stOcI s.f
hrSt offered to the existing stockbols,-
the proportion of their several hslS,r
lth thirty days privilege 20 pay ir x
1nie before any stock is offered "a ~
SUBSCRIPTION 10 other persons.
lie Board is given the authority IA (,
i Ia and to change the same AZ p.zu,
The Board of Directors shall he slss,i
Immediately after the execution Of dis ,s,s
: without notice or other formality. n,
oard thus elected shall serve for on. va,
until the second Monday Of NoyssIr.
is, and thereafter or until its sucressr
elected and qualified.
AT the expiration of the term Al osa
rem fixed for the first Board, The Beard 4
irectors shall be elected at a meeiinr 4
e stockholders to be held in the CITY 4
ew Orleans annually on the second hr
~ OF November in each year, AZ vhd
Getting any matter Of interest to the Or
ration may be discussed and detsrira
a matter Of course without previous notn
Article VI.-The whole capital stock hrs
authorized may be issued, fully paa al
n-assessable for the purpose Of scqrig
d purchasing the assets Of 7. Hsmnaar 1
ms, Limited, described in the third ias
OF this charter, and there IS an1errt b
csc Articles of Incorporation, to Be rsi
., connection Herewith, an accurate. d
lied and itemized description Of said pvf
~, as to amount, location, extent 6Enr
>. situation and improvements, tnsttr
IN statement of the value as sppnixl
the incorporators, and statement q .h
iue to be placed upon the good viii uk
,luded hereunder and included in The sf
! stock.
article VII.-The elections for Board d
rectors, as the other acts Of stotkho5rA
all be determined by a vote Of the -
bty of the stock present and Represented
her in person or by proxy al such ntg
IS unless otherwise required BY las. ~
days notice Of all meetings Of Ess
ders shall be given in writing lx
tice shall be sent to the last known ~
&c address of the stockholdef, and H
ckholder shall record his poa-oiscs "
IS with the Secretary OF the Conplg
the event of his failure to do ., mp.
dressed to the stockholder at New Oneals
lisiana, and deposited in the posiona
W Orleans, Louisiana, will be 2 ssn''
ice to the stakeholder aforesaid 4.
.rticle WILING stakeholder shall esH
d liable or responsible for the 'sstis'.
faults of the corporation in any iau<
n than the unpaid balance due nc
~ on the shares of fstock owned y
shall any mere informally IN
ion have the effect OF rendenlS iir
rter null or of subjecting any s ieokneN.
any liability beyond the unpaid 0'4'1
by him.
rticle IX.-This act Of inocrporsnsn :.
CHANGED. modified or altered, or ne