The herald. [volume] (New Orleans, La.) 1905-1953, 1917-03-22

each. aa.,l shall rr paid to- m cash Ia,
.tn.r.r stock NAV re increased - .ac -I-s Of
Dnr Hundred Thousand O>.'nppHpc Dollars. .
~ ,..en shall De, transferable only upon
-hr books ~ che company s~i go accordance
with - Ly-laws aad regulations.
Article N.-Au the powers OF :ht, CORPORA
! ,ou shall be vested ~ and exercised by =
! tpard composed Of NOT more -Gan ave g.
/ and no; less than three 90 directors. whJ
shall elect from their number a Pre-, dent,
Vice. Pre-, dent and Secretary. The SAD
on The second Monday OF each year. the
. mrs, election - be held IN the year 1918.
All such elections shall be by ballot, az the
/ once 5i the corporal On. Notice Of annuI!
meetings. a, well a, II special meetings OF
! stockholders. shall Ne given by written notice
/ nailed ten days N advance y the date hNet
for such meeting 70 each siocknoIder appeal.
/ lnS a. such the books Of the company, az
hi, last deS grated address, ~ A. the genera.
/ delivery AZ New Orleans. II he has not de>iS-
ua,ed an address. Each shareholder Is emit
, lied 10 one vote :Jr each share Of stock stand
ing ia his name on the books OF the Company
SAID vote 10 be cast IN person Or BY proxy.
and the majority u votes cas- shall elect
The board 81 directors shall have the power
board, even though no quorum remain az the
time such vacancies are % be nied. fai!urT
shall not dissolve the corporation. but the
officers then in ONCE shall remain IN once
until ;he,- successors are elected The dI-
-ectorS may e.ec; such other ofncerS as they
,
on OF the Cnupauys business, and shall nave
power 70 unite TWO or more Offices and 10 con-
: fe~ the same upon one person. or 70 dispense
with any Office in their dlSkretlOu. Inc
board Of directors shall also tsve power 70
make and establish, well As alter and
D amend. all bylaws, rules and regulations
! management II the affairs and business Of
the corporation. and Ior inconsistent with
4 II, charter Two ~ directors shall constl-
5 rute a quorum. for the transaction 81 business.
nd ~ all =
: TO the stockholders, 70 borrow money, execute
5 mortgages, issue notes, pledges, bonds or
} other Obligations. IN such amounts and on
| such terms IN their judgment may be ad-
{ vantageou>; and generally 70 do all tAings
! reasonably necessary or convenient Tor the
:. proper carrying on OF the business OF the cor,
4 po-atIou y, any meeting OF the board Of
), directors, any director absent from the meet
> ing may be represented by any other d.
2 | rector, who may cast the vote OF the absent
director according to the written instructions
b, either general or special, OF such absent di.
=, rector. Until the annual meeting IN 1918. the
IS board OF directors shall consist OF the follow
+ Jas. Hand. whose postofice address is Pun,
Wis Mss; {. l.. SpotswOod. whose postofhce
address Is Purvis, Miss; Horace Shepard
;: whose postofice address Is 90 Whitney Cen
u | trail Building. New Orleans, La, with Jas
e Hand a. President, Horace Shepard as Vice
President. and {. L. SpotSwood as Secretary
y Article NL-This act OF Incorporation may
s, be modified, changed or amended, or thi:
corporation may be dissolved in the manue'
| provided by law, by vote OF two-thIrd'
go Of the entire outstanding capital stocl
Is general meeting OF the stockholders convened
e Tor such purpose, after a previous notice shall
r have been given in the manner above required
y to be given Of the annual meeting Of the cor
lie pora.On. The capital stock Of the corpora
: ton may BE increased or decreased by pro
ceedIngs in accordance with the laws Of tn
OF State OF louisiana.
Article VILE this corporation shall b
| Dissolved either nv limitation
other cause, its affairs shall be liquidate
by three 80 commissioners, to be appoInte
=. for the purpose Of Liquidation, and 70 b
Y elected by the vote Of all the stOckhOldeI
voting upon parity. Said liqu datoTs sha
IS remain in office until the affairs OF said co
DoratiOu shall have been fully settled a.
he liquidated, and they shall have full powt
I'd, and authority 70 transfer and give title
en- all the property and assets of the corporation
a and 10 distribute the proceeds. In case
)r. the death. disability or resignation OF OF
ed or more liquidators, the vacancy shall
ne hlled by the survivor or survivors.
ed, Article NIII.-No Stockholder shall ever
ral held liable or responsible for the contrac
ed, or faults Of said corporation in any furth
at sum than the unpaid balance due on :
the shares OF stock owned by him, shall al
"a mere informality in organization have :
m effect Of rendering this charter null. or
for exposing any stockholder to any liabili
ip- beyond the amount due on his stock.
Thus done and passed al my office, IN :
or City Of New Orleans on the day month 4
ny, year first above written, in the presence
ate | Monte VI. Lemann and Leo FurlOng, CONF
full tent witnesses. who have hereun,o subscrib
ars their names together with Us, Notary, a
lali said appearers, after due reading Of the who
and Witnesses: Monte VI. Lemanu, Leo F,
yes, long.
and WATTS X LEVERICH. Notary Publ
eak |. the undersigned recorder OF mortgag
i've. in and for the parish Of Orleans, State
icy, louisiana. certify that the above and 70
der gorig act Of Incorporation OF the las Ha
and Lumber Company. Incorporated, was duly
and corded in nv office on this day in book l.
ices folio -
age New Orleans. La. March Q, 1917.
AN (Signed) EMILE J. LEONARD, by.
as A true copy.
ora- WATTS X. LEVERICH, Notary Publ
ish, march IS p % april u 70
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