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


entitled to one vote for each share or SAID
common stock standing in his name on the
books of the corporation, TO De cast py
him in person, or by his written proxy,
and the majority of such votes cast shall
elect.
Any vacancy occurring among the df-
rectors of said corporation by death, res
ignation, or otherwise, shall be hiled Dy
election for the unexpired term by the
remaining directors.
A failure to elect directors on the date
above specified shall not dissolve the cor
poration nor impair its corporate exist
ence and management, but the directors
then in Office shall remain in office until
their successors shall nave Deen duiy
elected and qualified.
The Board of Directors at its first meet
ing shall elect from its own number a
President and one or more Vice-Pres1-
dents They shall also elect a Secretary
and Treasurer, or one person TO act as
whom may or may not be a member OF
said board.
The Board of Directors from time to
time may name and appoint all such other
officers Gncluding one or more V1ce-p pres
idents not members of the Board OF d.
rectors) and agents as it may deem neces-
sary for the purposes and business of said
corporation. The said board shall have
power to fix and define the duties of every
officer and employee and all officers and
ment at the pleasure of the board.
The board may make and establish, as
well alter and amend, all such bylaws,
rules and regulations necessary ana
proper in its judgment for the conduct
and management of the business and af-
fairs of said corporation. The Board of
Directors shall have full power and au-
thority to borrow money, to execute mort
cages and to create liens; to issue bonds,
notes and other obligations, and to secure
l. ,Arff rAIn hFvn n hnr CT
and generally to do any and all things
reasonable convenient and necessary for
the proper carrying on of the business
and affairs of said corporation; and, in its
discretion, to create and elect an Execu-
tive Committee to be composed of three
or more of its members, to which COM
mittee the Board of Directors may grant
all or any of its powers to be exercised
during the interim between meetings of
the board itself.
ARTICLE VI-This act of incorporation
may be modified, changed, altered or
| amended, or the capital stock of this cor
poration may be increased or decrea sed
or this corporation may be dissolved, with
the assent of two thirds of the outstand-
ing common stock of this corporation
given and obtained at a general meeting
of stockholders convened for such purpose
or any of them, after previous notice of
such meeting shall have been given TO
each common stakeholder by registered
mail, addressed to him at his last known
| place of residence and deposited in the
| mails of the United States, at least fifteen
| Q5) days previous to the date of said
| meeting, unless other notice be prescribed
by law, in which event notice shall bt
given in conformity to law.
| Whenever this corporation may be dis
solved either by liquidation or from any
| other cause, its affairs shall be liquidated
by five 10 commissioners to be elected by
the stockholders at a general meeting con
| yened for the purpose of liquidation, a:
above provided, and after due notice;
| majority of the common stock present anG
represented at such meeting shall be re
| quisite to the election of such commits
| sioners. The said commissioners shall
| remain in Office until the affairs of sait
corporation shall have been fully Iiqui
| dated. In case of the death or resignation
| OF any one or more of said commission
ers, the vacancy or vacancies shall b,
| filled by the survivor or survivors, Ii
the event of any disagreement among sale
commissioners, the action of the majorit,
| shall control and prevail.
ARTICLE vino stakeholder shall
ever be held liable for the contracts o.
| faults of said corporation in any furthe
sum than the unpaid balance due the cor
| poratiOn on the shares of stock owned by
him, nor shall any mere informality ii
organization have the effect of rendering
holder to any liability beyond the unpait
amount remaining due on his stock.
| ARTICLE vIII-The following shall
constitute the first Board of Dirtcors O.
| this corporation:
G: 2. Allgeyer; New Orleans, La.
81. G. Dufour New Orleans, LIE.
| c. p. Ellis, New Orleans, La
| f. W. Ellsworth, New Orleans, La.
George j. Glover, New Orleans, La.
r: S: Hecht. New Orleans, La.
Charles +. Herb, New Orleans. La.
/
Adolph Katz, New Orleans, La
Ernest M. Loeb, New Orleans, La.
| Bernard McCloskey. New Orleans, La.
| Hugh McCloskey, New Orleans, La.
! w. p. Simpson, New Orleans, La.
| X. w. WilmOt, New Orleans, La
p. 81. Wilkinson, New Orleans, La.
| The said Board of Directors shall holt
office until the second Tuesday in Janu
| airy, 1921, or until their successors shall
have been duly elected and qualified
The subscribers to the capital stock O
said corporation and their respective ad
dresses are:
c. E: Allgeyer, New Orleans, La.
Il. G. Dufour, New Orleans, La.
c. p. Ellis. New Orleans, La.
F E; w: Ellsworth, New Orleans, La.
| George j. Glover, New Orleans La
r. S. Hecht, New Orleans, La.
Charles F. Herb, New Orleans, La.
Alvin p. Howard, New Orleans, La.
A AdoI J, Katz. New Orleans, La:
| ErHeSt NJ LOeD, new orleans, La.
bernard McCloskey, New Orleans, La.
Hugh McCloskey. New Orleans, La.
w. P. Simpson, New Orleans, La.
X. w. WilmOt New Orleans, La.
| Z. ID. WIKI inson, New Orleans. La.
Hugh McCloskey, trustee, New Orleans
r. s. Hecht, trustee, New Orleans, La.
Number of shares omitted).
The subscribers hereto have written on
posite their respective names the numbe
OF shares of capital stock in said corpora
ton subscribed for by each of them an,
this act of incorporation shall also sery
as the original subscription list of sail
corporation.
This done and passed at my Office in tn
city or New Orleans, on the day. mont
and year herein first above written, in tn
presence OF Eugene Thorpe and Jacob +
Baer, competent witnesses, who have here
unto signed their names, together wit
the said appearers and me, notary. afte
due reading of the whole.
(Original Signed) c. f.. Allgeyer n. G
Dufour, c. P. Ellis. F. w. Ellsworth. Goe
). Glover, Charles F. Herb, Alvin p. How
ard, AdoIph KATE (by Alvin p. Howard)
bernard McCloskey, r. W. Wilmot. Ernes
M. Loeb (by ii. G. Dufour), w. p. Simp
son 10y z. f. Herb, Hugh McCloskey
Hugn McCloskey trustee. r. s. Hecht +
a. WILKINSON (by r. s. Hecht), r. S
scr1bed for omittedl.
Batter. oo
AL. C. HAMMER.
Notary Public
L, the undersigned, Recorder of Mort
cages ms and for the Parish of Orleans
| State OF Louisiana, do hereby certify fha