The herald., 1918-12-26
cHARres

cornor,,s - acting
S Son poratlon, and In thu residat
Secretary u! - tTnaSilIty to act %; a
ARTICLE Iu.-Th.
poSfs ior which this oojeca =,
- zee and the natp,seo fpoufis n
10 DE carried on bv y Of
cared to be: to ow5 I are
Operate and work M, possesl ~
Kinds; and to own ines Of ~,
anu sen lands. timhe, MI
Pthtlhe stills, sawmilIs tnrp6ss
ana all the by-prna, pianilr ~ +
o2erate, establish anu 49,
SUITS or anything conn.te lease nj
own, build, operate sted tAs,
tialli- ways. Steam-yessels iea< n&t
or any nature OF watss saiHn,
necessary in conneetion ersft d, ~
anu 10 operate, sell a, '.n 10 MI
nnsaSe IN or conduct iease 49,
Iiie business, both whc, senenl ~
az any point or points a
operate, buy, sell or Las desired ~
Iacture machinery or ssr ssne
nlehts' TO conduct bnps KIDD 4
zeal in agricultural NY, sci, kt
IN the raising Of live y; 10
~ same; and to oner.sek- q ~
an. klnd Of .manufact1rie. osn \
/ ness not specially prohu p&nt . ~
act as Agent or Attor,'ed By ~
dlNlduals or corporatian -in-fsQ AZ,
conduct any kind Of bhsiana 4 ~
or corporations, and INV . fsf -
mission or otherwise sa Ell
general commission bu.;na esai,r
eraliy 10 do and perform II
OF business not eontrar, ny I'D d ~
the state OF Louisians. n
herelh granted NAV h. ~ " ~
business conducted, at anv ssaefcsN ~
that the said company ~. pna = -
40 without any restrictias, = r1f|
10 states or Countries. A' nae1 :
ARTICLE IV.-The csn,,.
corporation is hereby T aect I -
of SlO0,0O000 divided int ec q n
$4,000 each, which ss,S wv -
t; %Ia iUr a IN eash or its equiyss.. +
VI otine 1, anu IN such manner a. y. q
irs,od ie ~ may determine -
actually purchased and sras y NJ /
gu ,I' snail De full paid and posss
g,lin, ~ UoIlorinity with and ana. r: \
noratn oI i Vi she presently eriS-
P ,;na LAWS OF Louisiana. I'M
\ husinass aulhorized 10 49,
oaa ana be a going 49,
soom as my per cent lAqi !
g Tin STOCK Is subscribed snf -.
Inc shares OF stock shan h
aole onIy on the books Of a. es,ss.
anu no transfer OF stock shall \. f..
ing or nave any effect on TIN cow
nhleSs ana until made mo, 4. h
Inc capital stock Of this cor ,o, ~
pe Increased 10 an amount Al ~
Dy vote OF two-thirds a. i, ,. b.
outstanding stock at mees,,s
stockholders called for that ~.
the same manner as pFoyidtS ~ H.
meeting to elect Directors.
ARTICLE v.-An of n. E
powers of said corporation skslt H
in and exercised BY a Board -
composed Of not less than threa y
than five stockholders. SsiS
shall be elected annually On NJ r..
Monday in Janusry-in earh ~ B.
general stockholders meeting ~. z
first Board, appointed In ~ r.
who shall hold their officex -
third Monday in January. Is1s ~
elections shall be held BY ballaf -,
Quoted at the office Of the -:
Notice of such meeting and AZ n
stockholders meetings shall h
the manner prescribed BY hv -
Dot so prescribed, then written -
such meetings shall be depodte1 r
fifteen (15) days prior 10 ~
such meeting, in the postoffice 4
of New Orleans, addressed to r.
holder at his last known r.
place of business. At all uc> 1I1
| and Of oil "a .<4f~
holder shall be entitled 10 a. 1
for each share Of stock stsnG1
name on the books of the corpo
be cast by him in person Or By q Z
proxy, and a majority Of tks ~
shall elect; Any vacancy oceuxl
the directors by death, .edT1
otherwise, shall be filled By q
the unexpired term BY the REM
rectors. A failure TO elect dizol
the day above specified shall ~ q
the corporation nor impair IT. ~
existence or management. bot -
tors then in office shall renai1 II
until their successors are eIo<1
qualified. The Board Of DIreet>n
elect a President, and one " -
to exceed four vice-PresidentA r.
rotary Treasurer. The Presl1g
Vice. Presidents shall be stockhel9
Directors of the Corporation, u
Secretary-Treasure may or nay
a Director or stockh0lder ct "
ton of the Board Of Directors.
her of Directors shall be deter
the stockholders at each annn4l
and the number Of Vice PrMoe1
be. determined each year ~ -
of Directors. The Board q
shall have power and authority 2
such agents, managers, ofncefs T.
employees necessary In Their
to conduct the business q re
ton, and to give to such agents'
officers and other employees
thority as they may deem neae'
1.-THE purpose and business Oh ne
ton. The Board shall have ne
fix the eompensations and
duties Of every officer ana 49,
all agents, managers, Officers
employees shall hold office ene
ment at the pleasure OF ssio 49,
Board may make and estaei
as alter and amend, any and ~
rules and regulations necss
proper In its judgment for -
support and management Of ~
and affairs of said corpor1tiez
meetings of the Board OF Dlf
director shall have the rignt
a proxy to act In his piaee
the person so appointed 49, -.
Director but must be . stocknSx'
Board shall have full power ~
to borrow money, execute
create liens; to Issue bonos ~
other obligations and 70 49, ~ -
by mortgages. pledge Or 1t sSies1
Generally to do any and ~ t
able. convenient and neces,.2
proper carrying on OF ~ m
affairs of said corporation
Board of Directors shall pe ~
Walter B. Chilean. Buckner ~
, lJohn A. Taylor, whose prsssas -
: are set opposite their respseI1s, -
the subscription to the capl9' {
this corporation. The boets
tors shall at its first m sss
. Officers OF this Corpofauen,
with the terms of this cnsf'er
ARTICLE vI.-whenevsf. ~
: ton shall be dissolved. eI..9
ton or from any other eas -
shall be Hquidated By 49, ~
sioners to be appointed i,on s1iSS z
: | 40 q Xp0HTXI