The herald., 1919-03-27
CHARTER

All such elections shall be by ballot at the
office OF the corporation, under the super
vision Of two commits sioners, TO be appointed
by the Board Of Directors, and in the absence
Of any commissioner, the President shall
have power 10 ill the place by appointment,
and all such elections as well as all meetings
Of stockholders. except for the purpose Of IL
Quidaton or dissolution, or as otherwise re-
CURED by law, ten days notice shall be
given by mailing 70 each stakeholder al his
last designated address al The general
delivery at New Orleans. # he has no. desig-
mated address, an announcement stating
the time and place of the meeting. Each
shareholder shall be entitled II one vote for
each share OF the stock standing in his name
on the books OF the company 10 he east in
votes cast shall elect. The Roa-l Of Drec-
tors shall. have full power 70 fill any vacancy
that may occur IN the Board. Fliu~e 10 elect
Directors on The day above specified. shall
tors then in Office shall remain in office
until their successors are elected and quail
fled The notice OF another election shall
forthwith he given. as above specified and
until al election : held. The Directors az
their first meeting following each annual
election. shall elect from their number a
President, Vice President, Secretary and a
urer may be combined in one office If, 50
desired. they may also elect such other Of
ficers IS they deem necessary for the p-oper
conduct Of the business The Board shall
also have the right 10 unite Two or more
offices, and the same 70 confer upon one
person, and shall have power 70 fix the
salaris Of all officers and all such other Of
ticers and employees as they may deem
necessary. The Board Of Directors shall
have power TO make, establish as well as
alter and amend. all bylaws. rules and regu-
lationS necessary and proper for the slpro~,
and management. Of the business and al
fairs Of said corporation, and nor incorSis-
tent with its charter. SAID Board NJ Di-
rectorS shall have full power through the
President or some other authorized Age~r
or Agents, to borrow money and through
cages. issue notes. bonds or other obligations.
IN such amount, and on such terms as in
their judgment may he aIvantaye5as. ami
generally 10 do all things reasonably nece,-
sary f!r the proper carrying on of the bust
ness Of this corporation. as also 70 issue and
deliver full-paid shares Of stock and bonds
or obligations Of this corporation. in paw
ment Of money borrowed. or money. labor.
or services and property or rights actually
received by this corporation. as heretofore
set forth; and shall have nIwcr to do al,
such acts and things as may be necessary
10 carry ou- the objects and purposes t5-
which this corporation Is organized. H..
jority Of the Directors shall constitute =
quorum, for the transaction Of any business
At any meeting Of the Board Of Directors,
any Director absent from the meeting nav
be represented by any other Director who
may cast the vote Of he said absent Di-
rector, according - written instructions IT
said absent Director. The Board Of d.
rectors shall have the power. by vote Of H..
less than the majority thereof. 10 sell.
lease mortgage or otherwise, or to pledge
any or all OF the property. movable and i'm
movable, belonging to the corporation. or
TO receive in exchange therefor, money o-
stocks or bonds or some other obligations OF
another corporation. without referring 20 the
may also purchase for stock in this CORPORA.
ton or for cash or on credit. property OF
any kind required for the purposes OF this
corporation, without authority Of the share
holders.
ond Tuesday of March. 1920. or until their
duly qualified successors are elected and in.
stalled the Board OF Directors shall be COM
posed Of: Elisha y, Haas. Alton. La;
Samuel ]. Haas. Alton. La: John 7. Modem,
bach, New Orleans. La; Louis u Reiser.
New Orleans, La; with Elisha y. Haas. as
President; Samuel J. Haas. as Vice-Presdent:
n Reiser. as Trea i, ''e'1' anu LOUIS
ARTICLE Vino stakeholder shall ever
be held liable or responsible Tor the con.
tracts or faults OF this corporation in any
further sum- than the unpaid balance a, the
stock for which he has subscribed. nor r" shall
any mere informality in organization have
the effect of rendering this charter null or
Of exposing a stakeholder 10 anv liability
except as above provided
ARTICLE NII-This act OF Incorporation
may be modified. changed or altered or this
corporation may be dissolved or the capital
may be increased or decreased in accord
with law, at meeting Of the stock
holders called Tor that purpose. after notice
shall have been given in writing to each
stockholder, delivered TO him personally, or
mailed by registered letter to him at the
fost Office address designated by him, at
meeting.