The herald., 1918-04-11
CHARTER


in the thirty days Immediately preceding
THE Board of Directors shall at its first
meeting elect from among its members
President and one or more Nice-Presl-
dents who shall hold their respective Of
fees during the term OF the Board max
ing such elections, and in case OF vacancy
in any of the said positions, the SANE
shall be filled by election of the Board of
Directors for the remaining term. The
said Board of Directors may designate
and appoint such other Nice-Presidents
mot members of said Board, a Cashier.
Assistant Cashier, Officers, Attorney AZ
Law. Agents, Clerks and other officers ana
employees as may be necessary or eNpe.
dipnt in the conduct of the business OF
this corporation, and shall fix the COM
pensation of all such officers, attorneys,
agents and employees. All persons APP
pointed by the Board of Directors as
above shall hold Office at the pleasure or
the Board.
The Board of Directors shall have pow
er to prescribe bylaws for the govern
ment of this corporation not incOnslst-
ent with the laws or provisions OF this
Charter and may name and appoint such
committees as may be necessary and con-
yenient, and may vest IN said conmltte ute
al! such power and authority as the SAID
Board itself has and enjoys.
Article VI.-This Act of Incorporation
may be modified, changed, or altered; the
capital stock may be increased, decreased.
modified or added to, or the number OF
thirds C2-3) of the amount of the capital
stock issued and out standing at gen
eral meeting convened and held for such
purpose or purposes after thirty (3O) days
notice by publication in a daily newspa-
per in the City of New Orleans and writ
ten notice duly addressed and mailed TO
each stocEholder of record at MS last
known address or if such address is I'M
known then by mailing same 10 such
stakeholder care General Delivery OF the
Post Office of New Orleans, Louisiana. at
.-fa 70 mol
ing. Such meeting or meetings, may be
called az any time by the Board OF Dl-
rectorS upon its own motion, ana must
be called by said Board upon the written
request of stockholders holding major
ity of the issued and outstanding capital
stock of this corporation. Upon dlsso-
luton of this corporation by action OF us
stockholders, as herein provided for lIs
affairs shall be liquidated by three 90
Liquidating Commissioners appointed by
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 com
miSSiOners, and all other matters pertain
ing to the liquidation of this corporation
shall be fixed and determined by the ma
jority of the stock present and represent
ed and voting at such general meeting OF
stockholders.
Article Vino stakeholder shall ever
be held liable for the contracts faults; or
| defaults. Of this corporation, nor shall
any mere infOrmality in the organization
of this corporation have the effect Of rend-
ering this Charter null or OF exposing
any stockholder to any liability beyond
the amount of the unpaid balance due by
him on his stock.
Article VIII-The first Board of Direc-
tors of this corporation shall consist OF
eleven I'D in number and shall be com
posed of Lucius W. Gilbert, Charles a.
smith, John NJ. Gallery, Samuel p.
Schwing, Allen b. Hundley, Duncan Bouie,
\. Fred Bultman, Jr., Peter p Gluck;
Charles NJ. Hero, Albert p Ca9trell and
Increased to not exceeding thirty 800 in
number by election by said Board. The
| first President of this Bank shall be
James Ii. Tharp.
Thus done and passed, in my Office, in
the City of New Orleans, State of Louis
lana, on the day. month and year herein
| first above mentioned in the presence or
William G. Seymour and Louis kenner,
competent male witnesses, herein residing,
and who hereunto sign their names, to-
gether with said appearers and me, No
tary. after reading the whole.
James II. Tharp, go shares, 4515 Pry-
man, Jr., IS shares, 2!29 Prytania ST,
New Orleans, La; Donelson Caffery, rs
A. b. Hundley, per pro: d. Cafery, 100
shares, Alexandria. Louisiana; Peter p.
Gluck, 80 shares, 1903 State ST., New Or
f 6ass Ia cbest REers ST. aew Srean
| La; Chas. NJ. Hero, 80 shares, 1926 Col
iseum ST.. New Orleans, La; James ii.
Tharp. trustee, 1902 shares, 45l5 Prytania
, ST.. New Orleans, La.
Witnesses: VIM. G. Seymour, Louis
| kenner.
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 Act of Incorpor-
alton of the Liberty Bank & Trust Com
pany was this day duly recorded in my
office, in Book No. 1919, Folio No. -.
New Orleans, La, March 18th, 1918.
| (Signed) L. J. LEONARD, by. r.
| 1 certify the above and foregoing TO be
true and correct copy of the original
act of Incorporation of the Liberty Bank
& Trust Company, together with the GER
| tificate of the Recorder of Mortgages
thereto appended and on file in my no
tarial office.
W. MORGAN GURLEY, Not. Pub.
| Mch 21-2S Apr 4-11-1S-25