The herald., 1917-03-15
.,,zvDNFNT TO CHARTER

~IIFBl lIDINE tbNlNNl.
United States II Aw,-..a, SAFE u ipu.s.-
ana. Parish ~ Orleans.
Be II !. a,-. that Gn '1.- -tA 1tF 81 me
month %: I-..gary. ,u 'ar Ne-r O.. ""T Lord
one tha.-arL a.rr hundred ana seventeen
Csi7D. arE .- frD independence u me illcl
States .. America, tIr nn" hundred and
f1rty-a.-.. before me. Watts n. LeverIch. a
notary I..... duly .'WWl-NiJneI ana quar-
ihei lu a.a :pr the parish and state "io'e-
said. and '. f.r presence ~ tNe witnesses
hcre.rat.,- ..ueI and undersigned person.
ally came .-d appeared. Pearl WIGHT ana
J. -. % hr... natl residents ~ The pfT.'H OF
New O..'a-.. n full axe, here" aprs.T.HIi ID,
ile.r ...a..-v as. respectively, the pres den.
and ..r -.--.tlry u the Ne" Orleans Dry
Dock q ~n.pIuld'-g Company, appearing by
virtue .. resolutions adopted by the directors
and stockholders ~ the said company, ,crt.,
ned COPIES %. which are Gercuutp annexed
IN he margin for reference;
Who declared. that q. q "rr-lnE o. INC
stockholders Hr the Ne" orleans DIN DOCK
X Ship Bu''d'rg Company. held pursuant 10
uuauIrnuI- consent and waiver u n2use OF
all Of the stockholders, a. the call 81 the
board q directors, on the ''h day OF FebrI-
airy, 1917, a. Tie D'fCc % the company AT us
domic,le 10 New Orleans. a. which meeting
the entire body - stockholders of the SAID
company vas present or represented, y vas
unanimously voted 90 amend Articles ~ ana
V Of the charter Of he company as estao-
lished by ae' before Andrew Hero. r., no
tary public i0~ the parish 81 orleans, on
the 10Th day ~ lt0urry l'1, recorded IN
the NOR, gage office 10Y 'a" PARISH % orleans,
IN book SlR folio 49, SO That 'ae SAID hFu-
cles " and ' should hereafter read and be
As follows. t0-wIt-
Article lN.-"lhc capital stock oi TINS cor.
pora'Ion shall a- nine hundred thousand
tSgJOB'o,r dr..arr, which shall hc DIVIDED
into nine thousand y,up' shares Of the par
value Of one hundred f>l'pl dollars ctth.
The corporation may commence business As
soon As one thousand 'lp1l shares 81 rs
stock have been subscribed Tor sand stock
board o: directors may see ut. and shall be
paid for in cash, or the same may De ISSUED
at not less 'han par, i'r IA''F d''r or prop
erty actually received, AZ the itlT Eune
thereof As appraised by the directors, and
upon such terms As the directors may think
proper Il shall be transferred only m wit
ing on the books pi the Company by as
owner, DO person. or by attorney.
Article k.-"Al corporate powers OF ms
corporation shall be vested IN and exercised
by board % uyr 81 directors. each u whom
shall own AZ least ten l1D shares 81 The
stock Of this corporation. SAID directors
shall be elected by ballot, al am annual meet
ing OF the Sio-khp.irr, Of tins company t."
be held on the third Monday an January OF
each year. Al all meetings 81 etpgNh'.ders,
each stakeholder shall have the right, either
in person or by proxy, in cas- one CD vote
on each share Of stock held by MN. lartG
90 member, 81 the board Of directors shall
constitute quorum. All vacancies IN the
board OF directors shall be nl.cd BY the re.
naming member, OF the directors. The, board
of directors shall continue IN office until their
successors shall have been elected and quail.
he'd, and the failure % hold meetings shall
not affect the corporate life OF the corpora
tIon or any action Of the officers or directors
81 the company. Notices OF all StpCkhpIders
meetings shall be gwen % each stockhoIder
by notice mailed to the last known adj
dress OF each stakeholder AZ least eight io)
days before the meeting. Special meetings
OF stockholders shall be held upon the call
OF the board Of directors, Al such time or times
as the directors may determine; and the
directors shall call such meetings upon the
written petition Of stockholders owning
twenty-five esq per cent Of the stock OF
the company Any member Of the board OF
directors who may be absent from the doml-
ellie Of the company, Or unable to attend a
meeting Of the board may give written
proxy 10 any other member OF directors TO
represent him at any and all meetings Of the
board OF directors; such proxy may be spe-
cial or general, for all purposes, and may either
he limited TO one meeting, or may extend
10 all meetings OF the board at which the dI-
rector giving the proxy may, not be IN at
tendance; and such proxy, where general in
terms, shall authorize the one to whom II IS
directed 10 cast the vote OF the absent director
as the proxy may think proper, on all ques-
tons which may come before the board of
directors, and the vote OF the absent dIrcc-
tor, cast by his said proxy, shall be effect