The herald. [volume] (New Orleans, La.) 1905-1953, 1918-03-14
CHARTER.

i N'NNllDLlOn VI ey.
necessary thereto. 'onvenient y.
| Section V. To carry IN
ness which under the law IL other buu
Titled TO carry on which mav may be On
corporation to he CaIcuIatoS seem to "A.
ihulrectly' 10 eheCtuate the sfoIecty 4,
?ects or either of them, or 70 yessssid Oh,
III the transaction of its aforaSeiIitate h
ness or businesses, or any resald bus'
or in the transaction of s5v part the,ao,
business that may be caIciIaVvt9er lawfSi
or indirectly to enhance the YoS1u directI,
rehuer prOhtable any of tho ~ OF or a
properties and rights; and oDDoompsny,
noiu ana exercise all such incidan.aIly .
and purposes herein before IN, me objef,
may be necessary, useful or forth "A
LOT eHectuatlng said objects ana 'ohVenient
| Article lN.-The autbori,oa pose.
STOCK OF this corporation il HI, eapial
at hfteen thousand CSI5O0o, nssreoy f1es
vided into one hundred ana usSs,iiars, d.
snareS OF the par value of ono (lN
cSIoU1 uoI, , each; all of which sSaS1's
sued for cash money, or in may be d,
property or services actuaIlv pa!ment Of
or rendered TO said cOrpOration' e'ed by
| This corporation shall commn
ness ana become a going concern bus
as hIteen thousand dollars of its az soOa
| stock shall have been Subscrihodu us capital
for; said stock shall be fuIlv na and PAID
time of its issuance and tbarppoats.u AT he
! assesSable. hereafter non.
The parties hereto declare A..
| subscribed for the number ~ s eLat each
salu capital stock set opposite tboI.s
4 Spective signatures hereto tneir N.
| Fifteen thousand ISLE. O00I danSiisregatng
same to be paid for in cash w. he
| erty or other chooses in action ~ prop.
OF the value satisfactory 10 tba VI Notes
| The Board of Directors hereinsf,naoo ide's
| ated is specially authorized 70 dise ere.
the stock for any and all of the npos
above stated. as in its judgmapn, poses
| seem fair and proper. "en' NAY
| The capital stock of this co,no...,
| may be increased or decreased fra,o
20 time, 10 any amount not exceaS;n.u le
Hundred Thousand Dollars. in sc Sans Ons
with the provision of the law apOas,. ls
Article V.-All the powers ot IA.
| poration shall be vested in and ha Wf'
| ciSed by a board of directors coe elef
| OF not less than three nor more thapp ~
stockholders. as the board OF d rn I'VE
| may from time to time determine sun
] elected eaGh year by the stOckholders !.
| the annual meeting; each director - ~
be bona fide stakeholder. and tbs saL
| Board of Directors who shall serve n ns
! the election to be held on the 6rS, r SaW
\ day in February, 1919 and until t ,Sa-
successors are elected and guali6ad m Jug,
their postoftice addresses, are as foilOvsa
| n. L. Dusenbury, New Orleans To- y,
shares. p: &. Dusenbury, Miami H. ~ ~
share. Mollie Captain, New G,la ia
| La. l share: with said A. T. DusenSoaasA
as President and Treasurer. p q nUsaIl
bury, as Vice President, and MolHs Sso
Ian, as Secretary. zap
On the first Tuesday in February ION
and annually thereafter, except when s1cs
I day shall fall on legal holiday n.y.. ny.
! upon the next following layday. the s,ool
| holders shall elect board of di,ec,o,,
for the ensuing year. the board sl,oSS,
installed to continue to hold over rT,S
their successors are elected and QualisSi
The Board of Directors SO elected sb,1
| select from their own number the osirs.s
of the corporation, who shall be a Pres.
| dent, Nice-PreSident. and shall also ~.
| a Secretary and Treasurer who msv 4.
members of the Board or not as the nj.
| rectOrS may see fit, and both of said Al
noes may be held by one and the sane
person as Secretary Treasurer as NAV h
1 determined by the Board, or the offcs a
| Treasurer may also be held by the Pres.
dent.
The election of directors shall no M
ballot, and the persons receiving the lars.
| est number of votes shall be declsrS
| elected. For electing directors or FOR snT
| other purposes, each share Of storf
whether present or by proxy. shall be n.
| titled TO one vote. A majority Of he
votes cast shall be required TO pass An,
| resolution or decide any question suH
mitted to the stockholders, except for h,
| alteration or amendment of this charte
hereinafter provided.
The said Board of Directors shall haw
power and authority to make all neces
| sary rules and regulations for the mar
| agement, operation and control Of d,
business of the corporation, as well as u
y -
with power to fill any vacancy occurilg
in their number or any vacancy occurring
| among the officers of the corporation. 4
| majority of the directors voting al any
| one time. in person or by proxy, shall n
required to pass any resolution or ADOPT
| any bylaws and which, when adopted
| shall then be corporate acts.
| Article VI.-NOtice of all meetings d
stockholders for electing directors, or fw
| any other purpose, except as mar
hereinafter directed, shall be given h
writing by the Secretary to be depoSia
in the mails at least ten days before sud
! meeting. directed to each stakeholder
his last known address appearing upa
the books of the corporation. unless sh
| notice is waived in writing BY all IN
stockholders appearing as such upon u
books.
Article VII.-This act of incorporates
may be modified, added to. changed
/
| solved by and the assent OF the HOLDER
| of twO-thirds in amount OF its then =,
| tire outstanding stock, given at genel
meeting of the stockholders to be cor
l vened after ten days prior notice 70
given in one of the daily newspapers pus
| lished in the City of New Orleans, IN ~
1 ditiOnal to the personal notice TO eaen =
the stockholders, as provided In Mths
vi of its charter. and such changes
l may be made in reference to the incrns
| or decrease of the capital stock shsh
preceded by such notice, delays ana wi
malities as are by law required. "A
4 In the event of the dissolution Oh w
| corporation, either by limitation Of
| charter or otherwise, its anairs sh.n
liquidated by three commissioner
| appointed and elected at a special ~
| ing called for that purpose, as ABOVE ~
| vided. and he shall remain In onlee ~
! the affairs of said corporation snnl
| fully liquidated: and in case Oh lne ~ ~
| of one or more of said liquldatels. 4
survivors or survivor shall eonln"
act. ny
Article VIII.-No stakeholder shal
held liable or responsible for Ias
tracts or faults Of this corpcllsul ~,
any further sum than the unpshie V ss,rs
due to the corporation on the go
| owned by him, nor shall any mere " .v
! ity i'm organization have the enc -.
rendering this charter null or Oh
! ing a stakeholder 20 liability Deyo~
amount of his unpaid stock, II ah ~.
Thus done and signed at my s ~ d,t
the City of New Orleans, on ue .s,s
month and year first hereinbefore ~ ~
in the presence of 5. II. Whitnela a,
II. Pfeiffer, competent witnessess "a
hereunto sign their names, toge.ss., IN
said appearers and me, Notary H''
reading of the whole.
Original signed). onM
A. T. Dusenbury, 14s shares; r
senbury, per pro. A. T. Dusen'""
share. Mollie Captain. ! share; PIT
Witnesses: S. K. Whitfield, L. H.
fer.
(SeaD xst pb
/. the undersigned. Recorder !" a,,np
cages in and for the Parish On ~ u
State of Louisiana, hereby ce, ,sanss,psr
the above and foregoing act OF ipsssarpsf
ton of ALLAN Land Company iar
ated," was this day duly recoro"