The herald., 1917-02-22

NJ ouisiaua the limited States of America,
mr. Elsewhere: 70 purchase. lease. exchange
mov able or immSvable. and the same to sell,
lease. mortgage. hyp5,hecate, donate, rent,
exchange OF ohsse 1s a,1ys S S e esss.
- >, ls, he s.rrr ,,,i IN t,vn,,,r.. towns
@,-Ie. ylII,gr, rlI,f.,1,Lrrlc, or Other %,
i;rir,i .,rf,I,y.,',r, and in connection there
80, o., Ill ne .7I3 rra1 r..srr a. town
lois. suburban sites or farms, - make and
- iii -r..,.srv ar ',ryrurrrt inn
r.,,,..-,.r-s -n.rf-r..' tlrrr-, ,u,l.ldIry
dl,rErs r,r,i,. ,,-r~t, -S,I,. sa1gact;tS,
Ill n- ,n-,.,yI ',.nrr, rr,Itrn,rs dwell
,-g. ar cher ..r---, ana ia connection
taerry.I,h 10 opc-g,e any and ali mills or
t1~t,-'., -,- ,T. MAINS. n r,l,r,,t ,,,,,-r-
Inn dug material - T., hriy and sell and
a. - ,,--,.,r.tr r.-..r,r-t,- ,..-., hands
mortgage, ar other securities. :, tuy sell
and Ir,i IN IL, well A, y.t. IN any manner
,r p-,.cedrng. the Stock III other corpora
oI' anu me tsr ~ miner rlr5sl Itsc
,r ,hr,fIgl A., .,gr.-9grr., t1- any other per
,ry' ,f .h. ,5Ir.t, and r.l-p,,r, a15yc men
r-,.,-i and g.rr-lI,y ~ a, each and every
art and hing and /, engage IN aay az al
hu,lur,,e, occidental. connected with Or
yr,.vl,, Oh. DID,, the g,,vt. ex1..,,ri objects
s, -. ~. - ne ,,,,,,. wa,
~. f,rrt Al length he~rt.
A-,f.l- III Inc stnrrsI stock Of This cor
o5rIt.gn : heres, t,Ncd a, the sum OF aitv
L H .H r- - % IL Z
-.,rr,rr,,rd .,y ..nr thousand ilu,u shares OF
| The nar y.!,r Of aftv $50 d5llaf, each; -.
| n IA ,-r,E shall he ga,I i,r in cash
| Tn -4u...r ,-,-k . -1fs ,.,r,,r,,i ION
MAJ, b,. increased 2, ,hr sum 3D., rlyr
| hugtrcd thousand tSJuupuy i1llats.
which Il ,.el increase shall be made slal.
! ur represented Jy the number OF shares Of
| -h, ui- value ., b. rxrI .,y the ,.1gkEgId-
| -r, 81 the board ri directors. WI, SHALL TX
The MAXIMUM amount "a: ,ur5 increase. pro
vIed that The ,ota. thereof shall no, exceed
! the said sum Of i've hundred thousand Dbl
| l,-s: that sIsh increase shall. De made f.ou.
| ,tIne tn time As tb. convenience ot the coz
| p,rltipu shall designate
| That such stock. # any Is issued shall no-
Je issued iDr less ihau its par value, either
5y the co-poraI,oa or fyr se-yicc, actually
! rendered - II. .l8- IN the event and stock
! Is sold on lnsta.lmen,s the board OF dlrcc-
| and auouut OF the deferred paymeuts the-c-
! 81
| such stock shall be full paid and nom
assessabc, slbJec; only to the unpaid bal
| ag,r due thereon II sid on Iu,taIlmcut
payments. All stock Of his corporation, pro
| vldrd Tor herein or that which may hereafter
| be issued shall be valid only If signed by
! the president or vIce-presideut and counter
! signed by the secretary
| All transfers OF any stock shall be valid
1 only when made on the books Of the com
pany. and no transfer shall be made and
| stock, either by sale or by dJuation inter
| viyos or r16rtus caIsa. until the sane shall
be nrst offered to the corporation. BY writ
ten notice delivered to the secretary there
| Of. and said corporation shall for ten DAYS
| Of the delivery Of such notice 10 the srcre-
tary, have the right to acquire such stock,
| ~ -, market p-irs. or # tbrre i no uarkci
me- for r., hook vain. scco+diny f1 the
| books OF the corporation.
| Article IN-Thc douiclle Of this c0rpora-
| tion Shall be in The CITY of New Orleans,
Parish OF Orleans, State OF Louisiana, and
| nod Of nlnety-nine wears from this date.
| Article N-Au legal process shall be
| served on the president. or in his absence.
on the vice-president, or any othe. othcer
by law.
| Article VI-Au corporate powers of this
| corporation shall be vested in and exercised
bv board OF not less than eight and not
more than eleven directors. Until otherwise
provided by the board OF directors the said
board shall consist OF eight members, a
majority OF whom shall constitute major.
| Itv Tor the transaction of all business
Said board shall be elected annually on
| the first legal Monday in January The first
election under this Charter shall be held in
1918, until which date the following shall
constitute the first board of directors. to-wit:
Ferdinand katz . Audubon Place, New Or.
leans; Allen H. Johness, 2OlO Pension street
New Orleans; F. Otway Denny, 1919 Perrier
| street New Orleans: Francis d. Charlton.
net. IT., 23s5 UTsuline Avenue, New Or.
leans: Otto l. Nayer. 3sl2 ST. Charles Ave.
nue.. New Orleans: Albert White I61
Esplanade Avenue, New Orleans: p. Seftor
SchueIdau. De Soto hotel. New Orleans anC
!, lanes Flotte, 1881 BAYOU Road. New Or
leans. who shall hold their office until theii
successors have been elected and have DUAL
ihed
The said board of directors shall cleo
, from their number a president. A yice.presi
dent. secretary and a treasurer and suci
election shall be held at the first meeting
| Of said board following their own election
, Until their successors have been SO elected
in 1918, the said Ferdinand Katz shall bt
president. the said Allen III. Iohuess shall
be yice-president. F. Otway Denny shall b,
secretary and Francis d. Charbonnet, Jr.
) shall be treasurer
All elections shall be by ballot and ;
. majority of the votes cast shall be necessar,
. 10 elect or TO decide any question; eaci
! | tockholder shall be entitled to one vote 70
I each share of stock standing in his name
! on the books of the company, and such yot
T NAV be cast in person, by proxy or as pro
! vided in Section II of Act No. 267 of 1914.
5 | Said board of directors shall provide, b,
l resolution, for the manner and form of Civ
: ling notices of election, meetings, etc, boil
I of the stockholders and the board itself.
$ Such board shall also make such bylaws
rules and regulations as may be necessar,
10 properly carry out and exercise the du
! ton, herein provided for, including the is
J sue, registration and certihcation OF its cap
! ital stock, the manner and method of votin
I; or exercising the stock in other corporation
I and the interests in partnerships and firms
$ and shall generally have and enjoy all rights
o privileges and powers allowed or usually ex
ercised by boards of directors under the law