The herald. [volume] (New Orleans, La.) 1905-1953, 1919-01-30
CHARTER

ceedlngs OF sad meeting hereto anneSu
and made part hereof, 1t was voted by the
unanimous vote OF all the stockholders and
representatives at the said meeting being
the entire amount OF outstanding capital
stock of the said bank to amend Articles ?
9-lO and II, of the charter Of said bank. 50
as to make said articles hereafter, read as
follows:
ARTICLE II-This association shall have
and possess all the powers granted 10 bank
ing associations, savings, safe deposit and
trust banks under the provisions of Act No.
100, approved March IS. 1855, entitled AN
Act to Establish a General System of Free
Banking in the State of Louisiana as
amended and reenacted by various suisse
quent statutes OF the State of Louisiana. and
particularly by. the provisions OF Act No. $50
of the Acts OF 1888, approved July r. 1898.
Act No. IS, OF the Acts Of 1892 approved
fully 9TH. 1892, and Act No. IS, Of the Acts
of 1892 approved June p, 1902. This assoc
citation is specially authorized to establish
and maintain its existing and additional
branches and to exercise all powers and func-
| tons permitted TO trust and saving banks
by any Of the statutes Of Louisiana.
ARTICLE IN.-The Board of Directors
shall be elected annually, the second
| Tuesday OF January Of each year, except the
| first Board Of Directors heretofore appointed
| by this charter. All such elections shall
| be by ballot and conducted at the office of
| the association, under the supervision of
| three commissioners, to be appointed by the
| Board OF Directors. Notice Of such cleo
| tions shall be given by publication not more
| than fourteen less than ten days prior
| TO such election, IN one or more newspapers
published in the City of New Orleans Every
| holder OF stock shall be entitled to one vote
| for each share of stock standing in his name
| on the books Of the association for not less
| than twenty days prior to the election, to
be cast in person or by written proxy; and
| a majority OF the votes cast shall elect.
Any vacancy among the directors by death,
| resignation, or otherwise. shall be filled by
| election for the remainder of the term OF
the Board by the remaining directors. A
| failure 10 elect directors on the date above
| specified shall not dissolve the corporation.
| but the directors then in office shall re-
| main in office until their successors are
elected and qualified, and shall cause an
| other election TO be held as soon as pos
| sibie thereafter. after notice shall have been
| published as above provided.
Seven directors shall constitute quorum
| Tor the transaction of any business. The
Board Of Directors, except the first Board
| heretofore appointed by this charter, shall
| annually at the first meeting succeeding their
| election, elect from their own number, by
| ballot, President, and shall elect by bal
| lot, but not necessarily from their number
| two or more NiceP Presidents. Said Board
| OF Directors may appoint, from time to time
such committees. officers, cashiers, clerks
! agents and other employees they may deem
| necessary for the purposes and business OF
| the bank. The said Board may make and
| amend.
and all bylaws, rules and regulations neces.
sary and proper for the conduct and man.
| agement Of the business and affairs OF said
| corporation All the corporate powers OF
| this corporation are hereby vested in the
| said Board OF Directors, to be exercised by
said board or by such committees or officers
| as 1t may appoint, except those specially
reserved by law, and by this charter to the
stockholders The cashier to be appointed
| by the Board shall be the custodian of the
1 seal TrftIa -h
| ton as the Board may determine which
| seal shall be stalks of sugar cane in the form
OF wreath, enclosing a bale of cotton and
| the words whitney -Central Trust & Saw.
ings Bank of New Orleans, La"
! ARTICLE X-Whenever this corporation
may be dissolved either by limitation OF
| from any other cause. its affairs shall be
| liquidated by three stockholders. to be APP
| pointed at a general meeting to be convened
| by publication for thirty consecutive DAYS
| in a newspaper published in the City OF
| New Orleans, and by notice mailed to each
| stakeholder at his last designated address
| or at the General Delivery at New Orleans
II he has not designated any address, al
| least thirty days before said meeting A
majority of the stock voting at such election
| shall be requisite to elect. Said commis-
| sioners shall remain in office until the af.
fairs of the said corporation shall have been
| FULLY liquIdated, or in of the death OF
| one or more of said commissioners the va.
cancy shall be filled by the remaining com
missioners from among the stockholders.
| ARTICLE XI.-This charter may De modi
| fled, altered changed, and said corpora
ton may be dissolved, with the assent OF
| twothirds of the amount of capital stock
| given at a general meeting OF the stock
| holders convened for that purpose after no
tice thereof shall have peen given in one
or more newspapers published in the City
| of New Orleans for thirty consecutive DAYS
| preceding said meeting, and by written no
| tice mailed to each stakeholder at his last
designated address, or at the General De
livery at New Orleans if he has not desig.
prior to said meeting The capital stock
| or shares of this corporation may be in
creased diminished in accordance with the
laws of the State of Louisiana. on the sub
terations or addition to the capital stock OF
number of shares of such corporation.
And the said appearers declared: That
they appeared before me, the undersigned
| Notary Public, for the purpose of placing
the said amendments in authentic form. tc
| the end that the same might be recorded and
| established according to law.
| Thus done and passed at my office in the
City OF New Orleans on the day, month ant
year hereinabove first written. in the pres.
| ence of 1vonne Goodrich, and VIM. L. MI
gent, competent witnesses. who have here
unto subscribed their Names together with
me, Notary. and said appearers, after due
reading of the whole.
gent. 'N ''O' -" '''' l. "D
Original Signed Jno. E. Bouden, Jr., C
W. Fox, Jr.
WATTS X. LEvERICH,
Notary Public.
I, the undersigned. Recorder of Mortgages
/ in and for the Parish of Orleans, State o.
Louisiana, do hereby certify that the abov,
and foregoing Act of Amendment of tho
Whitney Central Trust & Savings Bank, wa.
this day duly recorded in my office in Bool
| 1922, Folio -
New Orleans, January -, 1919
| (Signed) EMILE J. LEONARD, by. r
i true copy.
WATTS X. LEVERICH
Notary Public.
Acr OF INCAP ATOM AE ROTH