The herald. [volume] (New Orleans, La.) 1905-1953, 1917-12-06
CHARTERS

To ute -; 800, he business Of rs any o.
i 10 enleF lRto' make, perform ,rs s HppssS
49,, - very sort and Kind any On
~ 81. IN association, eorporss;Nh n,
OF puol!c or municipal, or 49, ion pn,.g
with the United States uy politie
STATE Territory or colonial oaent, Or
o. or any foreign governrrspS Oassesson ~
lure export, import, buy. sill % nap,s.'
70 deal IN goods, wares ana and seu.,,S
property Of every class ana Ssrchandise -.
purchase, lease, or otber,-;, oesenptiOr
kinds OF personal property acquire q
POIdtion may deem necessa-v "-4Sa tie a.
iot me purposes OF its busi5s.. eonv,a,,.
business IN It's own name, ~ and % 1
-. "o'llIs'on' or Otherwise. a. asea, !,
-, 70 any ana all things pert;r. seneal,
ferrcd. Po"ers here;r o.
This corporation shall hav. =,
co-nlre,, sue and be sued, and e fEt h
alter al pleasure. 70 break :,
Article lV.-The capital s,ock =.
tbo ,1.1 - d,i HieIeoy liked at thre. 'a' @.
sno.sJ uoiiaTs' divided into q aundrsa
on M I,r ~ S'O'y shares of the Oar Fsps
paid for in cash snbscribsd" aich shall
ration OF by property tranSt..W ms cors'
seViceS actually rendered Ia .Le to
Sucn stock, when SO issued. sS,ne 0Ipatss
PAID and worcestershire. -A'i be hi,
The capital stock NAV he ;,
hundred thousand dollars. and .sed 70 Sv
as dividend herein at the d;sss!y. oe issusd
board OF Directors and when .I euon 0 4,
OF the corporation permits !, rs eoudiius
directors may also reduce N. board 4
from time TO time from the e,- ssPllal sod
corporation by calling in a pro..gs Of d.
81 ITS shares, to be selected TLruO5a pa
rom among the STOCKHOLDERS oiasun
f Rnard manner an as may be agreed uoon psc .
No stockholder shall sell or o,...
pose OF ms stock in this corpoTs ,,e,Sie d.
rs, oneIins the same in writ;ns .3Aea
: me H, S'oENhoIders' who shall have 10 @
| e"Sdl OF me same, and which s,nsla an
DC S3ld 70 the highest bidder. SbO',i, aal
stockholders tail TO avail themssInsH saa
privileges within said period s % Of Gs
SAID stock may be offered and - I'm. 9ne, es
other person. anu sold 70 n,
| Article V.-All of the co-n
snail be vested in and exercissJ &c posn
OF Directors TO be composed az 49, SosS
three stockholders, but this numb. 'ea iasa
changed from time TO time bv nay y
hoIders al a meeting duly conv.r.S "os
In case of any vacancy in ,n
Shp' through death, resignation d; sleSiet
cation or other cause, the rena;,; u.Q1aiH
tors, by the affirmative vote az Ges
OF the Board Of Directors, NAV majority
J cessor to hold Office for the n,s.:s sx
non OF the term of the director ~ P1
snaII De vacant, and until the elect;o,, re !.
successor. Any officers or ernIors.0n Z
or appointed by the Board Of ' ~. escs
be removed at any time by N. e wi n'l
majority OF the whole of the d;-.,,as.s.
The Board of Directors NAV. Al 4. n
eretion, by affirmative vote Of -. "
the entire Board of Directors, .eoo;U, N
the Board of Directors, an erecr,;.. n'a
nittee OF not less than three AZ ~ IN
majority shall constitute a Quorum . ..S 2.
committee may have or exercise an "u 'aa
OF the powers conferred by ii. Bo,.t !. y
The Board shall elect from il, n,us..
rrSslaent, one or more Vice-Presients 49,
a Secretary and Treasurer of the ca-a.,..: -
but the latter two officers NAV h. s.I.s.A
IN one person, and may be oiled nv !, y.
director or a non-stockholder.
Any Director, unable for auy ,,.,,. =.
act or De present at a meeting. NAV ~.
ms proxy to any other directors "a -. :"
his place and stead. :"
The Board of Directors shall h,,. "a
at all INES eni,y and exer,i,s 4.
whole corporate power, including ths ,.s..
te lease, sell, mortgage or convey an, ~.
OF the operating plant of the corpOra,isu - !,
the real property upon which it Is situ,,I
eltner IN whole or in part; to transfer b,
assets of the corporation as a who'll, ana !.
merge the said corporation with apv ~.
corporation directly or indirectly apd !,
receive in payment and settlement q A.,
such lease, sale, mortgage transfer Or NJ,
ger the full paid certificates Of Stock Of "a,
such corporation, and to distribute said An,
paid stock to the stockholders Of hi, ar
poration in the proportion of their hddpU
herein at the time of the consumma,ior I
such transaction; to issue shares Of soI
up to the amount to which under this ia,
ter the stock may be increased, provided a
total proposed increase shall be read At %
meeting and laid over for action al the n,I
: meeting of the board before it is ,dootsi
and, on such action, the new stock sh.l
be first offered to the existing stoekhold.r
in the proportion of their several holdng
with thirty days privilege to pay for
same before any stock is offered FOR vi
or subscription to other persons
. Tie Board is given the authority b d
salaries and TO change the same at plsm,
81 The Board of Directors shall be elert
i immediately after the execution Of this tAzl
ter without notice or other Formally. n
Board thus elected shall serve for one yea
or until the second Monday Of N0venbe
. 1918, and thereafter or until its SUCCESS
. is elected and qualified.
At the expiration of the tern 81 al
6 herein fixed for the first Board, the Board
Directors shall be elected at meeting
!, the stockholders TO be held in the Cty
!, New Orleans annually on the second ~
{ day of November in each year. at VIZ
, meeting any matter Of interest 10 the @
!, poration may be discussed and deiernin'
as a matter of course without previous nol'
!, Article VI.-The whole capital stock 10
9 in authorized may be issued, fully pad q
!. worcestershire for the purpose OF sequni
and purchasing the assets Of 7. Hausninr
il Sons, Limited, described in the third =
Gle of this charter, and there Is ANNEXED
II these Articles of Incorporation, to Be g
= in connection Herewith, an accurate,
. tailed and itemized description Of SAID Pr
\ erty, as to amount, location, extern, ual'
!. ter, situation and Improvements, roseu
with a statement of the value as spp1ss
II by the incorporators, and statement q
= value to be placed upon the good VII
;. included hereunder and included IN sns
= ital stock. -,
!, Article VII-The elections for Bcaid
|. Directors, as the other acts OF stoeka1s. !.
,f shall be determined by vote o. y. %. /.
= lOT1tY OF fne STOCK pICScht oHN =
: either in person or by proxy q suea =
4 ings unless otherwise required oy ~ -. !.
~ tee days notice Of all meetings
~ holders shall be given in writinE !. :
IS notice shall be sent TO the laH now z
- Office address of the stoekhoidef, =.
!. stockholder shall record his pox'orns,
=, dress with the Secretary OF sne es, ~
- In the event of his failure to 40 70, 80
~ addressed TO the stockholdsr q New ys
~ Louisiana. and deposited in fne p0' 40,
~ New Orleans, Louisiana, WIN oe
I; notice to the stockholder aforesa,au 90,
!. Article VIII.-No stakeholder sasn . ~
s. held liable or responsible for tns I'D
:" or faults of the cooperation n an, 4. 1,
=. sum than the unpaid balance oue 4,
- pany on the shares Of fstock cwnes "a
g nor shall any mere informally Ia. y
!. cation have the effect OF fena 1880
!. charter null or Of subjeeting any s M
: to any liability beyond the unP'''
ii due by him. .-..,.r,f;on {
81 Article IX.-This act OF ineo,P0 - a
o. be changed, modified or altered, !; - me .
81 ital stock increased or decreased - urst
~ ner prescribed by law at sem sseea q
n. convened for that purpose after \ Ts,ssu
~ notice mailed by the Secretary q, 10
Hs or the Secretary as hereinso'
rs 4 10 0fre0n-