The herald. [volume] (New Orleans, La.) 1905-1953, 1919-11-27
CHARTERS.

cies are to be filled. Failure to elect
directors on the day above specified shall
not dissolve the corporation, but the di-
rectOrs then in office shall remain in
office until their successors are elected
and qualify. The Board shall elect from
their number president, vice president
and a secretary treasurer, provided, that
the Board may dispense with any of said
Officers and-cr may combine any on
them, and-Or may elect such other Of
ficers (whO need not be members of the
Board or stockholders as they think pro-
per or convenient for the carrying On of
the company's business, and they shall
fix the salaries of all officers, agents
! and employees. At any meetings of the
Board of Directors, any director absent
from the meeting may be represented by
any other director, who may cast the
vote of the absent director according to
the written instructions, either general or
special, of said absent director. The
Board of Directors shall have authority
to make and establish, as well as alter
and amend all bylaws, rules and regu-
lations necessary and proper for the sup
| port and management of the business and
affairs of the corporation and not incOn-
sistent with this charter, and they shall
have the power to authorize the borrow
| ing of money and the issuance of notes
and the execution of mortgages and
| pledges, and generally to do all things
! necessary or convenient for the proper
carrying on of the business of the corpora
| ton.
Until the general meeting of stock
holders for the election of directors to be
held on the first Wednesday of FEBRUARY,
\ 1920, or until their duly qualified success
| sors are elected and installed, the Board
of Directors shall be composed of:
| ]. T. Brown. P. O. address Laurel, Mis-
sissippi, Mayrant Adams, P. o. address
Jackson, Mississippi, Frank A. Godchaux
P. o. address Abbeviile, Louisiana.
OF the foregoing, j. T. Brown, shall be
President, Frank A. Godchaux, Vice
President and Mayrant Adams Secretary
! Treasurer.
| ARTICLE VI.-This act of incorpora-
| ton may be changed, modified or amend
| ed, or the corporation dissolved, by a
vote of two-thirds of the entire capital
stock present or represented at general
meeting of the stockholders convened for
such purpose, after previous notice shall
have been given in the manner above
required to be given of the annual meet
ing of the corporation.
| ARTICLE VII.-If this corporation
shall be dissolved. either by limitation or
| from any other cause, its affairs shall
be liquidated by three commissioners to
be appointed at the meeting of stockhold-
ers convened for the purpose of iQuida-
ton, and to be elected by the vote of all
the stockholders voting upon a parity
Said liquidatOrs shall remain in office
until the affairs of the corporation shall
have been fully settled and liquidated, and
they shall have full power and authority
to transfer and give title to all the pro.
perty and assets of the corporation and
to distribute the proceeds. In case OF
death, disability or resignation of one
or more liquidatOrs, the vacancy shall bt
filled by the survivor or survivors.
| ARTICLE VIII.-No stakeholder shall
ever be held liable or responsible for the
| contracts or faults of said corporation
in any further sum than the unpaid bal
ance due on the shares of stock owned
by him, nor shall any mere informality II
organization have the effect of rendering
this charter null or of exposing any stock
holder to any liability beyond the amount
due on his stock.
| In order that this charter may serve as
the original subscription list, the sub
scribers hereto have indicated opposite
their respective signatures, the number OF
shares of stock subscribed for by each
of them.
| Thus done and passed at my office In
the city of New Orleans, Louisiana, on the
in the presence of L. Carroll Root and
Z. N. Kirkpatrick, who with said appear
ers and me- Notary, have signed hereto af
ter due reading of the whole.
| Witnesses: l.. Carroll Root, E. N. Kirk
patrick.
WATTS K. LEvERICH,
Notary Public.
| /, the undersigned Recorder of Mort
i cages in and for the Parish Of Orleans
State of Louisiana, do hereby certify thai
the above and foregoing act Of incorpora
ton of the Victoria Land and Cana
Company, Inc, was this day duly record
ed my office, in Book 1921, Folio -
New Orleans, October 1919.
(Signed) EMILE J. LEONARD, Dy, R.
true Copy.
Oct. 23-Noy, 27.