The herald., 1918-05-30
CHARTER.

stock. The Board of Directors NAV. for
cause, De removed partly or entirely by
the stockholders at any special meeting
of the said stockholders. All STOCK
holders meetings shall be held in ac-
cordance with. and in the manner pro-
Yided by the bylaws of the corpora ton
AT all elections for directors and at
all meetings of stockholders each stock
holder shall be entitled to one a. vote
Tor each snare OF stock recorded in his
name on the books of this corporation,
but no stockholder shall be entitled to
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-
Der one or more vice presidents for the
term of said board and annually there
after each board of directors shall elect
from among its 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
filled by election of the Board of Di-
rectors for the remaining term. The
Board OF Directors may designate and
appoint such other vice presidents mot
members of said board), a cashier, as
Sistant cashier, officers, attorneys at
law, notary public, agents. clerks and
Other OtncerS and employees as may be
necessary or eXpedient in the conduct
of the business of this corporation, and
shall fix the compensation of all such
officers attorneys. agents and employ
ees. All persons appointed by the
Board of Directors as above shall hold
office at the pleasure of the board
The Board of Directors shall have
power to prescribe bylaws for the gov
eminent of this corporation not incon-
Sistent with law or the provisions of
this charter and may name and appoint
and convenient, and may vest in said
committees all or as much of such pow
er 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 a vote of
two-thirds CD of the amount of the
capital stock issued and outstanding at
a general meeting CnOvened and held
for such purpose or purposes after thir-
ty 800 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
days prior to such meeting. Such meet
ing or meetings., may De called at any
time by the Board of Directors upon it's
own motion, and must be called by said
board upon the written request of stock
holders holding majority of the issued
and outstanding capital stock of this
corporation. Upon dissolution of this
corporation by action of it's stockhold-
ers, as herein provided for, its affairs
shall be liquidated by three 90 liqui-
dating commissioners appointed by a
majority of the stock present or repre-
sented 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 ma ority 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 bal
ance, due by him on the shares of stock
subscribed for by him; nor shall any
mere informality in organization have
the effect of rendering this charter nun.
or of exposing any stakeholder to any
liability beyond the amount of his un-
paid stock subscription.
Thus done and passed, in my office. in
the CITY OIL 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
appearerS and me. notary, after due
reading of the whole.
(Original signed): James H. Tharp,
Donelson Gallery.
Theodore Roehl. Logan Bruins, wit
neSSeS.
w. MORGAN GURLEY, Not. Pub.
/, 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 a true and correct copy of the orig
inal amendment to the charter of the
Liberty Bank & Trust Company, to-
gether with the certificate of the Re-
c6rder of Mortgages thereto appended
and on file in my notarial office.
w. MORGAN GURLEY, Not. Pub.
May2-9- l6-23-30-June