The herald., 1918-07-18
CHARTER

jcct to all the provisions of this charter.
Article N.-All the powers of this cor
pOration shall be vested in and the bust
ness of this corporation shall be managed
by a Board of Directors 10 be composed
Of eight stockholders of this company
who shall be elected annually mt the an
nual meeting of the stockholders of this
corporation which annual meeting shall
be on the first Monday in July. The first
Board of Directors shall serve until their
successors are duly elected and qualified.
Five shall constitute a quorum of the said
Board. and are authorized to transact the
business of this corporation.
The first Board of Directors of this cor
pOratiOn shall be the following:
G. i. CarmOdy, New Orleans, Louisiana :;
J. Peter Schneider, New Orleans, LOuisi-
Louisiana: Henry +. Leclcre. New or
leans, Louisiana; Henry j. Robert New
Orleans, Louisiana; Henry Messenger, New
Orleans, Louisiana; II. +. Grinnen, New
Orleans, Louisiana; ]. J. Dwyer, New Or
leans, Louisiana; of whom Henry T.. Lee
clere shall be the President, Henry Nest
aver shall be the Vice President. J. Ed
mund Leclere shall be the Secretary, H.
J. Robert shall he the Treasurer.
Each subsequent Board of Directors
shall elect from their number, as soon as
possible after its election, as the officers
/ of this corporation, a President n Vice
President a Secretary and Treasurer
and may grant to the said officers such
powers as they deem proper.
All elections shall be by ballot at the
office of the corporation, under the super
vision of two commissioners to be APP
pointed by the Board of Directors. No
tice of such meeting, as well as notice of
all meetings of this corporation, special or
otherwise, shall be given, in writing, by
the Secretary, and shall be delivered to
each stakeholder in person or mailed to
him at the address given by him on the
books of this corporation at least fifteen
days prior to the date of the said meeting.
This notice may be waived by the stock
holders.
the stockholders each and every stock
holder shall be entitled to one vote for
each share of stock standing in his name
on the books Of the corporation at the
date of such meeting or election. Said
votes may be cast in person or by proxy,
the said proxy to be in writing, and a ma
jority of votes cast shall elect.
The failure of the stockholders at their
/ annual meeting, to elect directors, shall
not dissolve this corporation nor impair
its management in any way, but the di-
rectOrs then in office shall remain in office
until their successors are elected and quail
flied.
All vacancies on the Board of Directors,
for whatsoever reason, shall be filled by
the remaining directors. Any member of
the Board may appoint any stakeholder
of this corporation as his proxy to act for
him and in his place at any meeting of
! the Board.
The said Board of Directors shall have
the right to make and amend the bylaws
of this corporation, and to provide rules
and regulations necessary and proper for
| its management.
| Article VI-This act of incorporation
may be modified changed, altered or
amended, or the said corporation may be
dissolved, with the assent of two-thirds
| of the capital stock outstanding, at a
meeting of the stockholders convened for
| that purpose, and after fifteen days writ
| ten notice delivered in person or mailed to
| the stockholders at their address given by
| them on the books of the corporation.
| The said notice may be waived, by unani-
nous consent of the stockholders. In case
of liquidation the affairs of this corpora
! ton shall be liquidated by two commits
siOners elected by the stockholders at the
meeting providing for liquidation of the
corporation.
Article Vino stakeholder shall ever
be held liable for the contracts or faults
of this corporation in any further sum
than the unpaid balance due on his stock
| ity in the organization of this corporation
/ have the effect of rendering this charter
null or of exposing the stockholders to
any liability further than the balance due
/ by them on their stock.
! Thus done and passed in this City, at
my office on the day and date aforesaid,
in the presence of Messrs. L. NJ. Robert
and Henry Ayala. competent witnesses,
residents OF New Orleans, La, who have
hereuntO signed their names with the said
appearers and me, notary, after due
reading of the whole:
ii. f. Leclere and others.
Witnesses: L. NJ. Robert Henry Ayala
(SeaD
SCOTT Il. BEER. Not Pub.
/, the undersigned Recorder of Mort
cages in and for the Parish of Orleans
do hereby certify that the above and fore
going act of Incorporation of the OleO-
path Company, Inc, was this day duly
recorded in my office in Book 1922, folio
New Orleans, La, June IS, 1918.
(Signed) EMILE J. LEONARD, by. X
l, the undersigned notary public hereby
certify that the above and foregoing is {
true and correct copy of the charter Of
the OleOpath Company, Inc, of record IN
my notarial records of the current year
except the names of the subscribers there
to.
In faith whereof, I hereunto sign M
name and affiX my seal of Office this 1Stl
day of June, 1913.
(Signed) SCOTT f. BEER, Not. Pub
June 20N-J July 4-ll-lS-25.