The herald., 1919-10-02
CHARTERS.

NV the incumbent Board Of Directors ana
under the supervision OF two comm '2Io .t
appointed by the same. AT such one
carh stockholder shall be entitled 70 oIT
vote for each share OF the capital STOCK nc
by him. and the persons receiving the n.hm
est number OF votes cast at Sdlu ca
shall be declared elected and the h3d'u VI
Directors thus elected shall meet ana oIEd
nize as soon after said election as posSlo!e
4 majority of the whole Board shall constr
tute a quorum, and Directors absent VI w
able 10 attend may authorize Directors WIsi
emf "a represent them by written proxy 1ileu
,s;th the Secretary and with all the powers
such absentees could exercise II present III
person. -, !, IL.
All routine business matters shall be ae
cided by the majority vote OF me qu' i; 1,,'
present al such meeting, notwithstahdI ils
ANYTHING in this charter or the law 10 tle
contrary, but any mater or thing erecting
the general policy, property or 'oIPoiatJ
rights of the corporation shall be auop'eH
only by the vote of the majority OF stoGK
held by the individual members OF the whole
Board OF Directors, and proper minute en-,
tries shall be made to show these facts. Al
its first meeting after election or as soon
tors shall elect a president, and one or
more vice-presidents and secretary anu
treasurer. these last named officers need nor
be stockholders and the two ottices may ne
combined in one person by the Board oil ~
rectors a.,
The Board Of Directors may establish by
laws, rules and regulations for the govern
ment OF the corporation, and may also create
committees for the management Of t1e stF.
eral departments OF its business including an
Executive Committee OF not less than three
members OF the Board. which Committee
shall be empowered to exercise all the iulc-
tions Of the Board of Directors during the
recess OF said Board. save those herein re.
served for the full Board. The Board OF
Directors shall fill vacancies occurring IN
this body during the term thereof. Meetings
Of the Board OF Directors may be held al
such times as shall be set by the Board
itself. or at the call of the president and at
the request of any two stockholders.
ARTICLE VI.-This Charter may be
amended and the capital stock increased ana
decreased with the consent OF two-thlrds OF
all of its stock expressed at meeting called
for that purpose in any other way per
mitted by law
ARTICLE VII.-This corporation may be
dissolved with the consent OF two-thlrds OF
the issued and outstanding capital stock
expressed at a meeting called for that pur'
p9se, or in any way permitted by law. Upon
the dissolution of the corporation by llmlta
ton or otherwise, the stockholders shall elect
from among their number one or more II,
quidators, and fix the terms, conditions and
other provisions regarding the liquidation, as
well as the compensation of the liquidators.
ARTICLE VIII-No stakeholder shall ever
be held liable or responsible for the con
tracts or faults of this corporation in any
further sum than the unpaid balance due
this corporation on the shares owned by
him, nor shall any mere informality in the
organization have the effect OF rendering
this charter null or Of exposing the stock.
holder to any liability beyond any unpaid
ARTICLE IX.-Wherever notice is re-
quired by law by this Chareter the same
may be given in writing delivered IN per
son or sent to the last known address as is
prescribed in Article V of this charter, and
twenty-four hours will be sufficient for all
purposes except where otherwise prescribed
! by law. Any and all notices required by law
| or by this charter may be waived by IN
animous consent of the Board of Directors
| or the stockholders as the case may be, and
| such waiver shall be entered the minutes
Of the meeting to which they apply.
tice. in the City OF New Orleans. the
date aforesaid. in the presence OF Robt. X.
Brown and II. O. Cook, competent wit
nesses, who have hereunto signed their
names. with the said parties, and they have
set out their addresses and the number OF
shares held by them, and ne, Notary, after
reading of the whole.
Witnesses: Robt R Brown II. o. Cook.
Original Signed A. J. Higgins. New
Nary. La, by A. ]. Higgins, 20 shares: D.
| V. Johnston, New Orleans. La, 40 shares.
HENRY ?. DART, JR.,
Notary Public.
| I hereby certify the above and foregoing
| to be true and correct copy of the original
| act on lille in my notarial records.
HENRY p. DART, JR..
Notary Public.
| I, the undcrsig ned. Recorder of Mortgages,
in and for the Parish of Orleans State of
Louisiana, do hereby certify that the above
and foregoing Act of Incorporation of the
| D. V. Johnston Company, Inc, this day
duly recorded in my office, in Book 1881,
Folio 213
New Orleans, La, August 26. 1919
| (SigneD EMILE J. LEONARD, by. r.
| Sept. Acct. 9.