The herald., 1919-08-14
CHARTERS.

No member shall be entitled to vote on
matters pertaining to the affairs OF the As
ISOLATION who is in arrears for dues for the
quarter preceding the time at which the vote
is taken.
ARTICLE VII-No member shall ever be
liable or responsible for the Indebtedness,
faults or defaults of this corporation, nor
shall any mere informality in the organiza.
zion of the corporation have any effect OF
rendering the charter null or OF exposing the
members to any liability whatsoever.
No Indebtedness shall be contracted by
the Association in excess of the annual est-
mated revenues from dues for the year. ex
cept authorized by special resolution OF
the members of the Association, which reso-
luton shall provide the means of payment.
No member shall be called on for payment
of any sum in excess of his annual dues. I'M
less his consent has been previously obtain
ed
ARTICLE NIII-The business of said cor
poration shall be directed by and vested in
Board of Directors composed OF seven
members to be elected annually by the mem
bers of the Association the first Monday
in January. The said Board OF Directors
shall have ali the power vested by law IN
the Board of Directors and shall have the
further power to adopt such bylaws. rules
and regulations for the government and guid.
ance of the members of the Association and
to fix and enforce penalties for violations OF
the bylaws and to remit the same. ma
shall constitute a quorum for the transaction
of the business of the Association. The
Board of Directors shall be elected annually
at meeting held the first Monday IN
January of each year, at such time and place
as shall be designated by the president after
proper notice. The first board of directors
who shall hold office until the annual cleo
ton of January, 1920, shall be X. F. Hyams'
R. d. Reeves, F. w. Scharfenstein, C. W.
Andrews, w d. Rollins, Jr., Frank y. Du-
four. and Saml B. Stewart. All vacancies
on the Board of Directors between elections
for whatever cause shall be filled by the
remaining directors. r. T. Hyams: shall be
first president; r. d. Reeves, shall be tirst
vice pre- sident, and Treasurer; F. w. Schart-
enstein shall be second Vice President and
w D. Rollins. Jr., shall be first Secretary
Treasurer. Failure to elect directors al the
annual election. failure to hold an elec-
ton on the day specified shall not disSolVe
the corporation, but the directors in office
shall hold their respective offices until an
election shall have been held after ten days
notice of the time and place thereof gwen
to each stockholder
Thus done and passed, in my notarial offIce'
in the City of New Orleans. State OF LOUIS
lana. on the day month and year first above
written. in the presence of Gustave Leml"
and Selm r. Lemle, competent witnesses
who have hereunto signed these presents, to-
gether with the parties hereto, and me, No
tary, after a reading of the whole;
Witnesses: Gustave Lemle, Selim B.
Lemle.
Original Signed R. P. Hyams, New Or
| leans, La; R. d. Reeves, New Orleans, La:
! F. w. Scharfenstein. New Orleans. La; Z
NV Andrews, New Orleans, La; w. ID. Rol
| Inns. Jr. New Orleans, La; Frank \. Du
four, New Orleans, La; Sam1 B. Stewart
| New Orleans, La. -
A. A. MORENO,
| Notary Public.
| |, the undersigned, Recorder of Mortgages
| in and for the Parish OF Orleans. State Of
Louisiana. do hereby certify that the above
and foregoing Act of Incorporation of the
New Orleans Coal Merchants Association, In
corporated. was this day duly recorded in my
| office in Book 1921. Folio -.
EMILE ]. LEONARD, by. r.
! \ true copy.
| A A. MORENO.
Notary Public.
Aug. l4-2l-2s; Sept 4-1I-ls.