The herald., 1918-05-02
CHARTER.

stock stock. The Board of Directors may, for
cause De removed partly or entirely by
! the stockholders at any speciaI nnastiDgS
| OF the said stockholders. All stocE
hoI9ers meetings shall be held in ac-
] cordance with. and in the manner nro-
| vided by the bylaws of the cornora IT,
AT all elections for directors and AT
an meetings OF stockholders each stock
H For e snail be entitled to one % vote
Tor each snare of stock recorded in his
name on the books of this corporation
but no stakeholder Shall be enfitlad 70
vote AT any election on any shares of
STOCK transferred to him with nthe thir-
y days Immediately preceding such
election. sum
The first Board of Directors herein es-
tabilshed shall elect from their mum
term of said board and annuaIIv tberes
AFTER each board of directors shall elect
from among its members a president
ana one or more vice presidents. who
ShaIl hold their respective Offices dur
ing the term of the board making such
elections, and in case of vacancy In anv
OF the said positions, the same shall be
filled by election of the BOARD of nj
rectors for the remaining term The
Board of Directors may designate and
appoint such other vice Presidents Cnot
members OF said board), a cashier, as
sistant cashier. officers, attorneys at
law notary public, agents, clerks and
other Officers and EMPLOYEES as NAV he
necessary or expedient in the conduct
" INC puSlHeSS OF InlS corporation. and
shall fix the compensation of ali such
oIhcerS. attorneys. agents and emplOy-
ees. All persons appointed by the
board OF directors as above shall hold
ONCE AT the pleasure of the board
The Board of Directors shall have
power to prescribe bylaws for the gov
eminent of this corporation not incon-
Slstent with law or the provisions of
this charter and may name and appoint
such committees as may be necessary
ana convenient, and may vest in said
committees all or as much of such pow
er and authority as the said board it
self has and enjoys"
10 amend and alter Article VI of said
original charter so as to read as fol-
lows, to-wit:
ARTICLE VI
This Act of Incorporation NAV he
modihed, changed or altered: the capi-
tai stock may be increased, decreased
nOdlned or added to: or the number of
shares may be changed by a vote of
tWo-thlrds (2-S) of the amount of the
capital stock issued and outstanding at
a general meeting cnOvened and held
Tor such purpose or purposes after thir-
~ 800 days notice as required nv law.
and by written notice duly addressed
ana mailed to each stakeholder of rec
ORG at ms last known address or if such
address is unknown, then by mailing
same to such StOckholder, care General
Delivery of the Post Office of New Or
leans Louisiana, at least thirty 800
=
ing or meetings. may be called at any
time by the Board of Directors upon its
own motion, and must be called by said
board upon the written request of stock
holders holding a majority of the issued
and outstanding capital stock of this
corporation. Upon dissolution of this
corporation by action Of its stockhold-
ers, as herein provided for, its affairs
shall be liquidated by three CD liqui-
dating commissioners appointed by a
majority of the stock present or repre-
SenteG and voting at said general meet
ing. The manner of liquidation. the
compensation and the powers of the
commissioners, and all other matters
pertaining to the liquidation of this cor
poration shall be fixed and determined
by the majority of the stock present and
represented and voting at such general
meeting of stockholders"
To amend and alter Article VII of |
said original charter so as to read as
follows, to-wit
ARTICLE VII.
No stakeholder of this corporation
shall ever be held liable for any con-
tracts or faults of this corporation, in |
any further sum than the unpaid bal |
ance, due by him on the shares of stock |
subscribed for by him; nor shall any
the effect of rendering this charter null. |
or of exposing any stakeholder to any
liability beyond the amount of his un- |
paid stock subscription.
Thus done and passed, in my office, in |
the City of New Orleans, State of Lou |
isiana, on the day. month and year |
herein first above mentioned, in the |
presence of Theodore Roehl and Logan |
Bruins, competent male witnesses, who |
have signed these presents with the said |
and me. notary, after due |
reading of the whole.
Original signed): James II. Tharp,
Donelson Gallery.
Theodore Roehl, Logan Bruins, wit
neSSeS.
w. MORGAN GURLEY, Not. Pub.
l, the undersigned Recorder of Mort
cages, in and for the Parish of Orleans,
State of Louisiana, do hereby certify |
that the above and foregoing amend
ment to the charter of the Liberty |
Bank IL Trust Company" was this day |
recorded in my office, in Book No. 1929,
Folio No
New Orleans. Louisiana. April 80, 1918
EMILE J. LEONARD, by. r.
/ certify the above and foregoing to
be true and correct copy of the orig
NAL amendment to the charter of the |
Liberty Bank q Trust Company, to-
sether with the certificate of the Re-
corder of Mortgages thereto appended |
and on file in my notarial office.
w. MORGAN GURLEY, Not Pub.
y2-9-16-23-30-June6