The herald., 1917-04-26
REMEDIAL RATES
4 Remedy for The EIsrbitant
- interest Charged

matter conferred by law upon this company
or compa1,r, o; similar character, and 70 do
any and all things necessary and proIer %
crsry out the business and purposes OF this
CORPORATION rs herein stated and Set out
wi;hnu; further authorization from the
A-s:c,e IV.-The capital stock of this COZ,
po-ltion IS fixed at one hundred thousand
IS, 100000 dollars. represented by one thou
sand 1900 shares Of one hundred dollars
lSl0O each
Article N.-The corporate powers Of this
corporation shall be vested in and exercised
by a board Of directors composed Of no: less
than three 90 or not more than seven ~
persons, each Of whom shall be the holder Of
II least one share Of the capital stock OF this
company, three 90 OF whom, when represent
ed either in person or by proxy, Shall con
>''tute . quorum for the Transaction OF al!
business.
ANY director in his absence at any meet
ing OF the board Of directors shall have
power 20 appoint in writing. any director or
stockholder as his proxy, with full power 70
act IN his stead. At such meeting. Inc direc-
tors shall be elected annually by ballot, by
the holders OF the stock on the nrst Monday
~ January OF each year, beginning on the
frs; Monday OF January, 1918. Such cleo
tions shall be held and conducted at the
office OF the company, under such regulations
as may be made by the board OF directors.
Notice OF such meetings and all other
stockholders meetings shall be given in a
manner required by law, and where not so
n
ing shall be given in writing, mailed 10 each
shareholder at his last known poSt-otfce ad-
dress. Al elections and all corporate meet
iugS each stOCkhOlier shall be entitled 10
one vote for each share OF stock standing in
his name on the books OF the company, 10
be cast by him or by his written proxy, and
the majority OF votes cast shall elect. The
board OF directors NAV from time 10 time
name and appoint all such officers and agents
aS II may deem necessary for the purposes
and business OF the corporation, and shall!
have power to fix and define the duties Of
all officers and employees, who shall hold
office and employment at the pleasure OF
said board Said board may make and es-
tabiIsh all bylaws, rules and regulations,
necessary and proper IN It's judgment tor the
management Of the business, and the AFFAIRS
of the corporation, and 10 alter and amend
| the same at pleasure. Said board OF directors
| shall have full power and authority TO Dor
| liens. to issue bonds, notes and other obi
| cations, and TO secure the same by mortgage
| pledge and hypOtheCatIOn, or otherwise, and
generally TO do any and all things necessary
and affairs Of said corporation, and TO select
| and establish an executive committee with
| iull corporate power, during the interim be-
| tween meetings Of the board.
| The board Of directors shall hold Office
until their successors have been elected and
| qualified. They shall elect a president,
vIce-president and secretary-treasurer. In case
| Of any vacancy occurring on the board from
|
| ing members OF the board shall NIL the va
| cancy until the next election.
| Article NI-The following persons, to-wit;
E. W. Burgis, 52S Bouny STREET, New Orleans
Louisiana; +. Howard McCaleb, 49S Walnut
| street, New Orleans, Louisiana; R. NJ. Sal
want 1901 Crsuline Ave, New Orleans, Lou
isiana shall be and are hereby constituted as
the first board of directors, all three Of whom
Burgis, as president; f. Howard McCaleb
as vice president, and X. NJ. Salvant. as
| sccretary-treasurer, who shall be the officers
of the corporation and shall serve until the
| regular meeting of stockholders on the FIRST
Monday OF January, 1918, or until their sue
cessors have been elected and qualified.
| The said first board of directors may in
crease the board of directors to seven %
| to be selected from among the Stockholders
| by said board without further authorizatisr
| Of stockholders until the next annual stock
| holders meeting for the election of sever
| G) directors and until their successors shall
| have been duly elected and qualified.
Article VII-Whenever this corporation !:
| dissolved either by Limitation otherwise
its affairs shall be liquidated by three liqui
dators, TO be selected by the stockholder'
| shall have been called.
! Article IX.-This act of Incorporation ma,
be changed altered. or amended, or said cor
poration may be dissolved, or its capita
stock increased, as provided for by the law
| of this state, after general meeting of th
stockholders shall have been called, afte
| fifteen days previous notice thereof gwen.
Article X-No stakeholder shall ever b.
held liable or responsible for the contrac
of said corporation, for any further sum thai
the unpaid balance due upon the shares o
| stock subscribed for, or owned by him, no
| shall any informality in organization hav
the effect of rendering this charter null o
of exposing a stakeholder TO any liabilit
beyond the amount of subscription to tn
stock.
The subscribers hereto have given opposit
their respective names, the amount of stoc
in this corporation subscribed for by eac
of them, 500 shares of the capital stock @
this corporation subscribed for by the sui
scribers hereto, have been subscribed, an
certificates of full-paid and non-asse,sabl
consideration of the conveyance and transfe
TO this company Of the property and right
more fully described and appraised by tn
directors named in this charter, in the es
hbit hereto annexed, made part hereof, an
read in connection herewith.
Thus done and passed, this day of Marcel
1917, in the presence of Gerald Meter an
!. A. Woodville, competent witnesses G
lawful age and both of this city, who here
unto sign their names with the said appear
ers and me, notary, on the day and dat
aforesaid.
Names of Subscribers Omitted
Witnesses: Gerald Meter, J. A. Woodvillc
ARTHUR B. LEOPOLD, Notary Public
l, the undersigned recorder of mortgage:
in and for the parish of Orleans, State o
| Louisiana. do hereby certify that the char
ter Of West New Orleans Light and Tractio
Company was this day duly recorded in m
Office in book 1906, folio =.
New Orleans, March q, lel7.
(Signed EMILE J. LEONARD, by. R.
ARTHUR B..LEoPoLD, Not. Pub.
! march % april II l9 % may