The herald., 1918-05-16
CHARTER.


stock. The Board of Directors NAV. for
| cause, be removed partly or entirelv nv
ofe S,ockhoiders at any special meeting
OF the said stockholders. All stock.
| holders meetings shall be held in ac-
| cordance with. and in the manner nro-
Nided py the bylaws of the corporation.
Al all elections for directors and at
all meetings of stockholders each stock
holder shall be entitled to one On vote
Tor each share of stock recorded in his
name on the books of this corporation,
| but no stakeholder shall be entitled 70
vote at any election on any shares of
| stock transferred to him with nthe thir-
! " days Immediately preceding such
The first Board of Directors herein es-
tabllshed shall elect from their num-
per one or more vice presidents for the
term of said board and annually there
AFTER each board of directors shall elect
from among it's members a president
and one or more vice presidents. who
Shall hold their respective offices dur
ing the term of the board making such
! elections, and in case of vacancy in any
| OF the said positions, the same shall be
hlled by election of the Board of Di-
rectors Tor the remaining term. The
Board of Directors may designate and
appoint such other vice presidents mot
members of said board), a cashier, as
Slstant cashier officers. attorneys at
law, notary public, agents, clerks and
other Officers and employees as NAV be
! necessary or eXpedient in the conduct
OF the business of this corporation, and
| snail fix the compensation of all such
o1hcers. attorneys, agents and employ
eeS. All persons appointed by the
| Board of Directors as above shall hold
oln nee at the pleasure of the board.
The Board of Directors shall have
power TO prescribe bylaws for the gov
ernment OF this corporation not incon-
slStent with law or the provisions of
TINS chal ter and may name and appOint
such committees as may be necessary
and convenient, and may vest in said
committees all or as much of such pow
err and authority as the said board it.
self has and enjoys"
To amend and alter Article VI of said
original charter so as to read as fol-
lows, tO-wit:
ARTICLE VI.
This Act of Incorporation may be
modified, changed or altered; the capt.
tai stock may be increased decreased
modified or added to; or the number of
shares may be changed by vote of
tWo-thirds (2-3) of the amount of the
capital stock issued and outstanding at
a general meeting Cnovened and held
Tor Such purpose or purposes after thir-
ty 600 days notice as required by law.
and by written notice duly addressed
and mailed to each stakeholder of rec
ord at his last known address or if such
address is unknown. then by mailing
same to such stakeholder, care General
Delivery of the Post Office of New Or
leans, Louisiana, at least thirty 800
ing or meetings. may be called at any
time by the Board of Directors upon its
own motion, and must be called by said
board upon the written request of stock
holders holding majority of the issued
ana outstanding capital stock of this
corporation. Upon dissolution of this
corporation by action of it's stockhold-
erS as herein provided for, it's affairs
shall be liquidated by three CD lidui-
dating commissioners appointed by a
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
commissioners, and all other matters
pertaining to the liquidation of this cor
poration shall be fixed and determined
by the majority of the stock present and
represented and voting at such general
meeting of stockholders"
To amend and alter Article VII of
said original charter so as to read as
follows, to-wit:
ARTICLE VII.
No stakeholder of this corporation |
shall ever be held liable for any con-
tracts or faults of this corporation, in |
any further sum than the unpaid ball |
ance, due by him on the shares of stock |
subscribed for by him; nor shall any |
the effect of rendering this charter null, |
or of exposing any stakeholder to any |
liability beyond the amount of his I'M
paid stock subscription.
Thus done and passed, in my office, in |
the City of New Orleans, State of Lou |
isiana, on the day. month and year |
herein first above mentioned, in the |
presence of Theodore Roehl and Logan |
Bruins, competent male witnesses, who |
have signed these presents with the said |
and me. notary, after due
reading of the whole.
(Original signed): James II. Tharp, |
DonelSon Caffery.
Theodore Roehl. Logan Bruins, wit
nesseS.
w. MORGAN GURLEY, Not. Pub.
j, the undersigned Recorder of Mort |
cages, in and for the Parish of Orleans. |
State of Louisiana, do hereby certify |
that the above and foregoing amend |
ment to the charter of the Liberty |
Bank & Trust Company" was this day |
recorded in my office, in Book No. 1922. |
Folio No.
New Orleans, Louisiana, April 80, 1918 |
EMILE j. LEONARD, by. r.
/ certify the above and foregoing to |
be true and correct copy of the orig |
inal amendment to the charter of the |
Bank & Trust Company, to-
gether with the certificate of the Re-
corder of Mortgages thereto appended |
and on file in my notarial office.
w. MORGAN GURLEY, Not. Pub.