The herald. [volume] (New Orleans, La.) 1905-1953, 1918-05-23
CHARTER.

stock. The Board of Directors may. for
cause, be removed partly or entirely nv
the stockholders at any special meeting
of the said stockholders. All stock
holderS meetings shall be held in ac-
c0rdance with. and in the manner pro-
vided by the bylaws of the corporation.
Al all elections for directors and at
an meetings OF stockholders each stock
| holder shall be entitled to one % vote
| Tor each share of stock recorded in his
name on the books of this corporation
but no stockholder shall be entitled to
| vote at any election on any shares of
stock transferred to him with nthe thir-
" days Immediately preceding such
election.
The first Board of Directors herein es
tabliShed shall elect from their num-
Der one or more vice presidents for The
term of said board and annually there
AFTER each board of directors shall elect
from among its members a president
ana one or more vice presidents who
snail hold their respective Offices dur
ing the term of the board making such
elections, and in case of vacancy in any
OF the SAID positions, the same shall be
hlled by election of the Board of Di-
rectors for the remaining term. The
Board Of Directors may designate and
nppoInI SuCh other vice presidents mot
SlStant cashier, officers. attorneys at
law, notary public, agents, clerks and
other officers and employees as may be
necessary or eXpedient in the conduct
OF the business Of this corporation, and
snail nix the compensation of all such
othcers; attorneys. agents and employ
ees. All persons appointed by the
Board of Directors as above shall hold
office 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
and 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"
To amend and alter Article VI of said
original charter so as to read as fol-
lows, to-wit:
ARTICLE VI.
This Act of Incorporation may be
modified, changed or altered; the capt.
TAI STOCK may be increased, decreased,
modified or added to; or the number of
shares may be changed by vote of
two-thirds t2-3) of the amount of the
capital stock issued and outstanding at
a general meeting cnovened and held
Tor such purpose or purposes after thir-
ty 900 days notice as required by law.
and by written notice duly addressed
and mailed to each stakeholder of rec
ord at his last known address or if such
address is unknown, then by mailing
same TO such stakeholder. care General
Delivery OF the Post Office of New Or
leans, Louisiana, at least thirty 900
days prior to such meeting. Such meet
ing or meetings, may be called at anV
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 it's StOCkhOld-
erS, as herein provided for, its affairs
shall be liquidated by three go liqui-
dating commissioners appointed by n
majority of the stock present or repre-
scented 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
mere informality in organization have
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 or 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
appearerS and me. notary, after due
reading of the whole.
(Original signed): James H. Tharp. |
DonelSOn Caffery.
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 & Trust Company" was this day
recorded in my office, in Book No. 1922,
Folio No.
New Orleans, Louisiana, April 30, 1918
EMILE ]. LEONARD, by. r.
| certify the above and foregoing to |
be true and correct copy of the orig |
inal amendment to the charter of the |
Liberty Bank & Trust Company, to-
gether with the certificate of the Re- |
corder of Mortgages thereto appended |
and on file in my nOtarial office.
w. MORGAN GURLEY, Not. Pub.
Mayo 9-16-23-3O-June6