The herald., 1918-11-14
CHARTER.

next succeeding day not holiday, without
the formaity Of notice OF meeting 10 stock
holders All such elections shall be by bal
lot and conducted at the office Of said cor
poration between the hours Of eleven o'clock
A. NJ, and three o'clock p NJ. under the
superyision OF three commissioners. who
shall be directors and appointed by the
Board of Directors. Each share OF the
common and preferred stock shall be EMIT
led to one vote TO be cast in person or by
proxy, and a majority Of the votes cast shall
elect. said commissioners shall make their
returns in writing to the secretary Of the
Company on the day Of the election, or the
following day, and upon receipt OF said
return the secretary shall notify the ten
stockholders receiving the highest number
Of votes Of their election. The directors thus
elected shall meet on the second Monday in
May following, at ten o'clock A. NJ, elect
officers and transact business. Any va
cancy occurring among the directors by
death, resignation or otherwise, shall be fill
ed by election for the remainder OF the term
OF the board by the remaining directors. 4
failure to elect directors on the date above
specified shall not dissolve the corporation,
but the directors then IN office shall remain
in the office until their successors are elect
ed and qualified. Five directors shall con-
stitute a quorum for the transaction OF bust
ness. The Board Of Directors shall at their
| first meeting after each election, elect from
| their own number a president a vice-presi-
dent a second vice-president and secretary
| and treasurer and fix their salaries The
| Board OF Directors shall have the power
either to combine or separate the office OF
secretary and treasurer and elect a person
| not a director 10 fill one of said offices.
| Said Board of Directors may appoint from
| time to time such superintendent officers,
! clerks or agents and other employees as
| they may deem necessary Tor the purpose
and business of said corporation, who shall
| hold office at the pleasure Of the Board.
| No employee shall be employed for longer
| period than month without special resO-
| luton of the Board of Directors. Said Board
shall have full power and authority to ac
quire or sell property, real, personal OF
| mixed and secure the same by mortgage OF
pledge, issue bonds, notes or other Obliga-
lions for borrowed money or other indebted
| ness and secure the same by mortgage OF
pledge and generally to do all things reason.
| able and necessary for the proper carry
ing on Of the business Of the corporation
Each Director shall have authority to ap-
| point in writing a proxy, who must be
! stakeholder TO represent him at all meeting,
of the Board. And the said appearers more
| over declared that in consequence OF the
| foregoing and pursuant to the authority n
| them vested by the stockholders of said
Company, they do hereby formally declare
publicly and make known that in the man
ner prescribed by law and agreeTbly 10 the
provisions OF the charter Of the said Inter
state Electric Company, passed before Joseph
! LautensChl Jaeger, Notary Public, has beer
| changed. altered and amended as hereinabOvt
set forth and written. and they do hereby
direct and require that the above stated
changes and amendments Of the charter OF
the Interstate Electric Company be recorded
and published in the manner prescribed by
law, 10 the end that the said changes ant
| amendments hereafter and at all times be
| as hereinabOye set forth, as regards all per
| sons that now may hereafter become
! stockholders Of the aforesaid Company.
| Thus done and passed at my office. ii
the City Of New Orleans, the day, month
and year herein first above written in the
presence of A. A. HILBERT and T. o. Tugel
competent witnesses, who hereuntO sign
| their names with the said appearers and me
Notary, after a reading Of the whole Wit
nesSes: A. A. Hebert, T. o. Tugel. (Ori
gnal Signed p. Stern, President; San
| liellmau. Secretary Treasurer. A. A. MO
RENO, Notary Public
| |, the undersigned. Recorder of Mortgages
in and for the Parish of Orleans. State OF
! Louisiana. do hereby certify that the Act Of
amendment of the charter of the Interstate
Electric Company was this day duly recorded
in my office in Book 1922. Folio 275 New
Orleans, July %, 1918. EMILE ]. LEON
ARD, d. r.
a true copy, \. A MORENO, Notary
Public.
Oct. 1Ol7-2+3l, Nov. IA.