The herald. [volume] (New Orleans, La.) 1905-1953, 1919-02-27
CHARTER

ARTICLE IN.-The Board of Directors
shall be elected annually, on the second
Tuesday of January of each year exceet the
first Board of Directors heretofore appointed
by this charter. All such elections shall
be by ballot and conducted at the office Of
the association, under the supervision of
three commissioners, to be appointed by the
Board of Directors. Notice of such cleo
tons shall be given by publication not more.
than fourteen nor less than ten days prior
TO such election, in one or more newspapers
published in the City of New Orleans Every
holder OF stock shall be entitled to one vote
for each share of stock standing in his name
on the books of the association for not less
than twenty days prior to the election, to
be cast in person or by written proxy; and
majority of the votes cast shall elect
ANY vacancy among the directors by DEATH
resignation, or otherwise, shall be filled by
election for the remainder OF the term Of
the Board by the remaining directors.
failure to elect directors the date above
specified shall not dissolve the corporation,
but the directors then in office shall re-
main in office until their successors are
elected and qualified, and shall cause an.
other election to be held as soon as pos
sible thereafter. after notice shall have been
published as above provided
Seven directors shall constitute a quorum
tor the transaction of any business. The
Board OF Directors, except the first Board
heretofore appointed by this charter, shall
annually at the first meeting succeeding their
election, elect from their own number, BY
ballot. President, and shall elect by bal
lot, but not necessarily from their number,
two or more VicePresidents. Said Board
OF Directors may appoint, from time to time,
such committees, officers. cashiers, clerks
agents and other employees as they may deem
necessary for the purposes and business OF
the bank. The said Board may make and
establish as well as alter and amend any
and all bylaws, rules and regulations neces.
sary and proper for the conduct and man.
agement of the business and affairs of said
corporation. All the corporate powers OF
this corporation are hereby vested in the
said Board of Directors, to be exercised by
said board or by such committees or Officers
as 1t may appoint, except those specially
reserved by law, and by this charter 10 the
stockholders. The cashier to be appointed
by the Board shall be the custodian Of the
seal OF the corporation, under such restric-
ton as the Board may determine, which
seal shall be stalks of sugar cane in the form
OF wreath, enclosing bale OF cotton and
the words "Nhitney-Centrsl Trust & Saw.
ings Bank of New Orleans, La"
ARTICLE X.--Whenever this corporation
may be dissolved either by limitation or
from any other cause, its affairs shall be
ilquidated by three stockholders, TO be ap.
pointed at general meeting to be convened
by publication for thirty consecutive days
in newspaper published in the City Of
New Orleans, and by notice mailed to each
stakeholder at his last designated address,
or at the General Delivery at New Orleans,
If he has not designated any address, at
least thirty days before said meeting.
majority of the stock voting at such election
shall be requisite TO elect. Said commits
sioners shall remain in office until the at
fairs OF the said corporation shall have been
fully lquidated, or in case of the death OF
one or more of said commissioners, the va
cancy shall be filled by the remaining com
missioners from among the stockholders.
ARTICLE XI.-Ths charter may De mpdi-
fled, altered or changed, and said corpora.
ton may be dissolved, with the assent OF
twothirds of the amount of capital STOCK
given at a general meeting OF the stock
holders convened for that purpose after no
tlce thereof shall have neen given IN one
or more newspapers published in the Civ
Of New Orleans for thirty consecutive days
preceding said meeting, and by written no.
tice mailed to each stakeholder at his lsst
designated address, or at the General De
livery at New Orleans if he has not desig-
mated any address, at least thirty days
or shares OF this corporation may be IN
creased or diminished in accordance with tae
laws of the State of Louisiana, on the SUD
ject OF increase, decrease, modification, al.
terations or addition 10 the capital stock OF
number Of shares of such corporation.
And the said appearers declared; ma,
they appeared before me, the undersigned
Notary Public, for the purpose OF placing
the said amendments in authentic form, 70
the end that the same might be recorded ana
established according to law. -
Thus done and passed at my office IN ths
City Of New Orleans, on the day, month ah'
year hereinaboye first written. in the pies-
ence Of Yvonne Goodrich, and VIM. l.. W.
gent, competent witnesses, who have nefe
unto subscribed their names, together WIN
me. Notary. and said appearers, after due
reading of the whole.
Witnesses: Yvonne Goodrich Vim. L. M
gent.
Original Signed Jno E. Bouden, Jr, {
W. Fox, Jr.
WATTS K. LEVERICH,.
Notary Public
I, the undersigned. Recorder Of Mortgages:
in and for the Parish of Orleans, State o.
Louisiana, do hereby certify that the abose
and foregoing Act Of Amendment Of the
Whitney Central Trust & Savings Bank, wa
this day duly recorded in my office an b0'A
1872, Folio
New Orleans, January -, 1919.
(Signed) EMILE J. LEONARD, Dy' h
WATTS K. LEvERICH,..
Notary Public.
Jan. 30-Feb. 6-lJ-2O-z7-Mch. s.