The herald. [volume] (New Orleans, La.) 1905-1953, 1919-11-06

over until their successors are elected and
qualified. All vacancies in the Board OF
Directors or of officers shall be filled by the
remaining directors. With the written con-
sent of all the directors meeting of the
Board OF Directors may be held outside of
the State of Louisiana, or within the State
elsewhere than at the corporations domicile.
Directors may he represented at any meeting
OF the Board by written proxy. The Board
of Directors may, when it deems it necessary,
convene meetings of the stockholders
ARTICLE VlI.-Each stakeholder shall
at every meeting of the stockholders, be en-
titled to one vote, in person or by written
proxy, for each share of capital stock held
by him, or he may send his vote by letter
the signature of which must be acknowledged
before a notary public or other officer author.
lied to take affidavits. Shares of stock in
this corporation legally or equitably belong.
ing to it shall not be voted, directly or in
directly. Notices of stockholders meetings
shall be in writing and shall be delivered Il
each stakeholder, at least fifteen days before
the date of such meeting by depositing such
notice in the post office, post prepaid, ad.
dressed to each stakeholder to his last ad
dress which mist be furnished to the Sec.
rotary. by. such stakeholder, or such notice
may be delivered to such stakeholder per
sonally. Meetings of the stockholders NAV
be ordered by the Board of Directors and
must be called when requested in writing BY
me holders OF twenty-five percent of the
outstanding stock
| ARTICLE WILING stakeholder shall eve,
be held liable or responsible for the contract.
or faults OF this corporation in any furthe,
sum than in an amount equal to the un
paid balance on the stock for which he ha,
subscribed, nor shall any mere informality /,
organization have the effect of rending thi,
charter null or expose any stakeholder I,
any liability other than as above provided
| ARTICLE IX-This charter NAV be alter
ed, amended or modified or the capital stool
increased or decreased, or the corporate,
dissolved and its affairs liquidated by vot
OF two-thirds of all of its capital stock a
purposes after notice to each stakeholder shall
have been given as provided in Article VT
lof this charter, Provided, that the abov
method of dissolution is not exclusive. tn
corporation reserving to itself the right
which is hereby granted to be dissolved b,
any OF the methods provided in Section )
OF Act 267 of the General Assembly of m
State OF Louisiana of 1914 Provided turtle,
that if the objects and purposes stated !;
Article III of this charter are to be amendeI
or the capital stock of this corporation ;
to be increased beyond the sum fixed |;
TINS charter. such amendments NAV NOT r
MADE except by the vote of three-fourths q
all of the capital stock.
ARTICLE XLUpon the d;sso,,,;o, :, -,
manner. of this corporation the stockholder
shall elect one or more Ito be determined h
them) stoe kholders as liquidators to I;ouid
ate its affairs and confer upon such liouid
ators such authority as the law now invest
IN such liquidators or modify it as thew ma
deem desirable. In case of vacancy the =,
naming liquidator or Iiquidatora shall. b
election, fill such vacancy.
mus done and passed in my office n III