The herald. [volume] (New Orleans, La.) 1905-1953, 1918-11-07
CHARTER.

next succeeding day not a holiday, without
the formality OF notice Of meeting to stock
holders. All such elections shall be by bal
lot and conducted al the office Of said cor
poraton between the hours of eleven o'clock
A. NJ, and three o'clock p. NJ, under the
supervision Of three commissioners. who
shall be directors and appointed BY the
Board Of Directors. Each share OF the
led to one vote 10 be cast in person or by
proxy, and majority Of the votes cast shall
elect. said commissioners shall make their
return. in writing to the secretary OF the
Company on the day Of the election, 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. A
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 president vIce-presi-
dent a second vice president and a 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
MT a director to fill one of said offices.
aid Board of Directors may appoint from
time to time such superintendents officers,
clerks or agents and other employees
they may deem necessary for the purpose
and business OF said corporation, who shall
hold office al 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 &C
quIre or sell property, real, personal or
mixed and secure the same by mortgage or
pledge, issue bonds, notes or other oblIga-
lions for borrowed money or other indebted
ness and secure the same by mortgage or
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 APP
point IN writing proxy, who must be a
stakeholder 10 represent him at all meetings
Of the Board. And the said appearers more
over declared that in consequence OF the
foregoing and pursuant 10 the authority in
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 agreeaby 70 the
provisions OF the charter of the said Inter
state Electric Company, passed before Joseph
LautenSchlaeger, Notary Public, has been
changed altered and amended as hereinabove
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, to the end that the said changes and
amendments hereafter and at all times be
as hereinabove set forth, as regards all per
sons that are now or may hereafter become
stockholders of the aforesaid Company.
Thus done and passed at my office. in
the City of New Orleans, on the day, month
and year herein first above written in the
presence of A. A. Hebert and T. O. Tuge.
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, I. o. Tugel (Ori-
ginal Signed p. Stern, President; Sam
Hellman. 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 Do, 1918. EMILE J. LEON
ARD, ID. X.
A true copy, A. A. MORENO, Notary
Public.
Oct. lO-I7-24-5I, Nov. ia.