The herald. [volume] (New Orleans, La.) 1905-1953, 1919-12-18

corporation, in his own name and I'M
pledged.
The stockholders shall elect Directors M
their annual meetings by ballot and each
stockhOlder shall be entitled to one vote
| for each share of stock standing in his
or her name on the books of the corpora
tlon the vote to be cast in person or by
proxy; and 1T shall require a majority of
the stock present to elect.
The Board of Directors shall hold regu-
| iar meetings at stated intervals at such
times as may be fixed in the bylaws of
this corporation. The meetings shall be
held at the domicile of the corporation or
as provided in Article ~ of this charter,
Dut the President, and in his absence the
| N1ce-President may call special meetings
OF the Board of Directors or stockholders.
as ne may deem advisable, and he shall
| De required to call such special meetings
whenever requested to do SO by a Director
or by holders of one fourth of the capital
stock of the corporation. Three DAYS
notice of such special meetings shall be
gwen IN writing, by mail to the address
| OF each director, unless waiver of this
notice is signed by all the Directors but
no general waiver shall be legal.
any vacancy occurring on the Board
or in any office, shall be filled by the
Board of Directors at its next meeting
after such vacancy has occurred.
The first Board of Directors shall and
Is enJoined to draft and ad0<t suitable
act OF BYLAWS for the government of the
corporation, which may be altered amend
ed or changed as the business of the cor
pOratiOn may require.
ARTICLE VII.-The officers of this cor
poratlon shall consist of a President, q
Nice-President and a Secretary and Treas
urer, each of whom shall be a stakeholder,
as required to be Director. The office
or the Secretary and Treasurer may be
held by the same person. The following
persons shall be officers until the meet
ing or the stockholders to be held on first
linz he
January of each year, James W. Walker,
President, address 161 jefferson Ave,
Memphis, Tenn, John X. Walker, Mem
G EnaI, Tenn Vice President Arthur L.
George E. Butler, 331 Decatur St., New
Orleans, La, Secretary
ARTICLE VIII.-This charter may be
amended, modified or altered, the capital
mum fixed in Article " of this charter.
or the corporation dissolved by the as
sent of three-fOurths of the holders of
the stock issued at general meeting or
special meeting of stockholders of which
notice has been given thirty days prior
TO the meeting, In writing, copy of which |
snail be mailed to the address of each |
stockholder and after publication of such |
NOTICE Tor thirty days in a daily news |
paper published i'm the City of New Or |
leans and upon complying with the re- |
gulrements of law in such case provided |
The notice to stockholders may be waived |
III writing, provided, it be signed by all |
stockholders of the corporation but no |
general waiver shall be legal
ARTICLE 1X.-The Board of Directors
snail have and be vested with the separate !
powers of this corporation. The corpora |
tlon snail have succession by its corporate |
name for 80 years: to sue and be sued bv |
lts corporate name in any court of com |
petent Jurisdiction; to make and use a |
corporate seal and the same TO alter at |
to acquire property by grant |
gltt purchase; to lease. hold and dispose
OF and to mortgage and pledge the same
subject to limitations fixed by laws: TO
appoint such officers and agents as the
business OF the corporation NAV reouire
ana TO fix their compensation. having due
regard to the nature, character. and yaIne
or their services; to conduct business in
louisiana, other States of the Union. Fed
erai Districts, possessions of the Tinted
states and in foreign countries: to mr.
chase for cash or held when acouired in
operation of its business, stock in other
Al o'nei
ARTICLE Kat the expiration Of this
charter, or the earlier dissolution of This
corporation. its affairs shall be Inundated
by three commissioners. all of whom shall
mold stock in this corporation. and said
shall have full power 70
sell any and all the assets of the corpora-
non to convey title, and to do and per.