The herald. [volume] (New Orleans, La.) 1905-1953, 1919-10-23
CHARTERS.


| ton by the Company of any property
owned or controlled by such person, firm,
| association of persons or corporation, or
IN payment of other prperties or for ser
| vices rendered.
The capital stock of this corporation may
| be increased to the sum of Five Hundred
| Thousand Dollars $500 00000l by a vote
of two-thirds % of all the stock Outstand-
ing at special meeting called for that
purpose, or at a regular meeting of the
corporation. All certificates of stock is
sued by this Company shall be signed
by the President, or by a Vice-President
of the Company, and countersigned by the
Secretary or Treasurer of the Company.
The stock of this corporation can be trans
ferred only on the books of the corpora
ton and subject to- such rules and reg
ulations as may be made by the Board
of Directors or from time to time be pres
cribed.
ARTICLE VI.-All corporate powers of
this corporation shall be vested in and ex-
ercised by Board of Directors composed
of six stockholders. A majority of the
Directors shall onstitute quorum for
the transaction of business. Said Direc-
tors may vote in person or by proxy writ
ten or telegraphed at any and all meet
ings Of Directors, regular or special, but
no director, wether acting as a presiding
officer or otherwise, shall be entitled
on any question, to more than one vote
The Board Of Directors shall be elected
annually on the first Monday of Septem-
Der of each year after date hereof, the
first election to be held in 1920. The first
Board of Directors shall be composed of
Jose n. Ssteve, Louis Esteve Ramon Es-
teve, Angel Esteve, f. Javier Esteve and
WON T.. NJ. DuQuesnay, with Jose Esteve
as President; Louis Esteve, Ramon Esteve
Angel Esteve and f. Javier Esteye as Vice
President and won L; M DuQuesnay as
tors shall hold their office until the first
Monday of September, 1920, or until their
successors are elected and qualified. All
elections of directors shall be by ballot
at the office of the corporation, under the
supervision of the Board of Directors, I'M
der such rules and regulations as the Board
OF Directors may from time to time pro-
mulgate. Notice of meetings of stock
holders, regular or special, except as here
wise required by law, shall consist of no
tice sent in writing to each stakeholder
Mt his last known address as it appears
on the books of the corporation, fifteen
days prior to the date of the meeting.
Failure to designate an address shall per-
nit notice to be sent to such place as may
by the Board of Directors be determined
and to be sent to the General Delivery at
New Orleans, and shall constitute full and
complete notice. Each stakeholder at the
annual or other regular or special meet
ings shall be entitled to one vote for each
share of stock owned, and the vote of any
stakeholder absent at any meeting shall
be cast by written proxy. Should vacan-
cy occur in the Board Of Directors, same
shall be filled by the remaining directors
by the election for the unexpired term of
stakeholder. Failure to elect directors
on the date specified shall not dissolve the
corporation, but the directors then in office
shall remain in office until their successors
are elected and qualified. The Board of
Directors at their first meeting follow
ing the annual election shall elect from
their number president, vice-presidents,
a secretary and a treasurer. The Board
shall have the power to unite two or more
offices and the same to confer upon one
person. The Board of Directors may elect,
but not necessarily from their number, such
other officers and agents as to them seem
advisable. Three members of the Board
shall constitute quorum. The Board of
Directors is hereby given all power to
carry on the business and affairs of the
corporation, and to make all rules and reg
ulations not inconsistent with the term of
this charter. All notices provided for,
whether to stockholders or directors. may
be waived by the written or Geographic
of the stakeholder or director.
ARTICLE vII-whenever this corpora
ton shall be Dissolved or liquidated, its af-
fairs shall be liquidated by three stockhol-
ders elected by the stockholders at a meet
ing called for that purpose. This corpora
ton may be dissolved and liquidated at any
ing stock voting to that effect. In the
event of the death Of any liquidatOr, the
surviving liquidators shall have the right
to elect another to fill the vacancy, but,
dators shall have full right and authority
to set in all matters.
ARTICLE vIII.-This act of incorpora-
ton may be modified, altered or amended
in the manner provided by law, at any
meeting of the stockholders, whether the
same be a regular meeting or special
meeting, after previous notice shall have
been sent, as hereinabove provided (unless
the same shall have been waived), to the
last known address of each stakeholder, at
least forty five days prior to the meeting,
and after publication at least once a week
for two weeks in daily newspaper in New |
Orleans, Louisiana. Any increase or de- !
crease of the capital stock of this corpora |
ton. except as herein otherwise provided, |
shall be made in accordance with the laws |
governing such matters.
ARTICLE IX.-No stockholders shall be |
liable or responsible for the acts, omis- |
sions Of contracts of this corporation. or |
Of its officers, in any sum other than the
unpaid balance due on the shares of stock !
owned by him, nor shall any more inform
llity have the effect of rendering this char
ter void, or of exposing any stakeholder
20 any liability in excess of the amount
1ue on his stock.
ARTICLE Kin order that this charter
may also serve as the original subscription
list, the subscribers hereto have indicated
opposite their respective names the number
IF shares of stock subscribed for by each
II them.
Thus done and passed at my office at
New Orleans, Louisiana, on the day, month
md year above written, in the presence
" J. Blanc Monroe and p. G. Buckingham,
competent witnesses hprQuntn
subscribed their names, together with me,
Notary, and said appearers after due read
ng of the whole.
Witnesses: J. Blanc Monroe, P. c. Buck
ngham.
WATTS X. LEvERICH,
Notary Public.
Original Signed) Names of subscribers
I, the undersigned recorder Of Mort
cages in and for the Parish of Orleans,
State of Louisiana, hereby certify that