The herald. [volume] (New Orleans, La.) 1905-1953, 1920-09-09
CHARTER


Special meetings Of the shareholders of
common stock may be held when ordered
by the Board OF Directors and must be
held upon the request of not less than
twenty-five t20) per cent of the outstand-
ing common stock after fifteen days writ
ten notice TO each stakeholder statisp the
object or objects of said meeting Any
vacancy occurring on any Board of Di-
rectors shall be filed by the remaining
members of said board for the unexpired
term at meeting called for that pur-
pose after ten days prior written notice.
the director or directors so elected to hold
once until the next annual stockholders
meeting and should il be impossible for
any cause for any vacancy or vacancies in
the Board OF Directors to be filled by the
directors, such vacancy or vacancies NAV
be hlIed by the stockholders at any meet
ing called for that purpose by the PreSi-
dent. Any and all directors meetings.
the notices for which are not herein spe-
clhcally provided for, may be called by any
oIicer OF this corporation upon ten days
notice by mail.
Whenever it is provided in this Act that
either directors or stockholders meetings
may be held after certain prescribed notice
10 the directors or stockholders. il is
understood and agreed that any and all
directors and stockholders meetings NAV
be held without notice whenever lawful
provided all directors or stockholders as
the case may be, waive notice in writing
or are present in person or by proxy at
such meeting or meetings.
The Board Of Directors shall have full
control OF the property of this corpora
ton and shall conduct, manage and use
the same as in their discretion they deem
best and as is consistent with the oh iects
or the company and its welfare and they
shall have power to make, alter and annuI
such bylaws. rules and regulations as they
may think proper. They have the further
right and power to appoint agents, clerks
and employees as they deem best and to
hN their salaries, terms of Office and the
right to dismiss them at such board ;
pleasure, the further right TO determine
and fix the salaries of the several officers
herein provided for shall be reserved TO
the stockholders.
The first Board OF Directors and officers
who shall serve until the next annual
meeting TO be held on the first Tuesday in
! April, 1921. or until their SUCCESSORS are
| duly elected and qualified shall be. Alfred
Il. PattisOn. POO Coliseum St. New Or
leans, La. who shall be President; Emmett
! Patterson 523S Pitt ST.. New Orleans. La.
who shall be Vice President; Charles +.
PattisOn, 40 Pine St, New Orleans, La.
whs shall be Secretary Treasurer.
ARTICLE VI-ThiS Charter may be al
tered or amended and this corporation
may be dissolved by a vote of twO-thirdS
in amount of all outstanding common
| stock at a meeting of the shareholders of
such stock, duly convened for that pur-
| pose by the Board of Directors or by the
President upon the written request of not
less than twenty-five (25) per cent of the
outstanding common stock after fifteen
days notice mailed to each stOckh olders
last known address.
But the capital stock of this corporation
shall not be decreased to an amount less
than corporate Indebtedness and no amend
ment shall be made changing the objects
and purposes of this corporation with
out vote of all outstanding common
stock and the capital stock shall not be
increased beyond the amount original
named as the sum to which the capital
may be increased except by a vote
three fOurths of all outstanding common
stock.
When in the judgment Of the Board
of Directors ii shall be deemest adviSHh'
| that this corporation shall be dissolved,
the board shall within ten days after
adoption of resolution to that effect by
a majority of the whole board at any
meeting called for that purpose, of which
meeting each director shall have received
at least three days notice, cause notice
of the adoption of such resolution to he
mailed to each holder of common stock
together with a notice of a meeting of the
holders of common stock to be held at the
office of the corporation to act upon the
resolution so adopted by the Board. Such
stockholders meeting shall be held at any
hour fixed by the board on the day men
toned between the hours of 10 a. m. and
5 p. m. for the purpose of voting upon such
proposed dissolution.
Whenever all of the holders of com
mon stock shall consent in writing to a
dissolution. no meeting or notice thereof
shall be necessary.
Whenever this corporation is dissolved
by limitation or otherwise, its affairs shall
be liquidated by and under the super
vision of three liquidators elected by the
holders of common stock and chosen from
among such stockholders. which liquida-
tors shall be elected at a meeting of the
shareholders of common stock convened
for that purpose under the terms of the
article.
Thus done and signed at my office. in
the city of New Orleans, on August
twenty-third. 1920. in the presence OF VIM.
J. Hopper and Jeanne Hatrel competent
witnesses and residents of the city OF
New Orleans. who have hereunto affixed
their signatures together with those Of
said appearers and me, Notary, after a
due reading of the whole. Original sign
ed): A. T. Pattison, President; Chas. +.
Pattison, Treasurer.
FELIX J. FCIG. Notary Public.
witnesses-Wm. j. Hopper. J. Hatrel
/, the undersigned Recorder of Mort
cages in and for the Parish of Orleans.
State of Louisiana, do hereby certify that
the above and foregoing Act of Incorpora-
ton, of the Amendment PattisOn < Co.
Limited. was this day duly recorded in
my Office, in book 1916. folio 166. New
Orleans, August oath, 1920. (Signed) Emile
]. Leonard, by. r. true copy:
FELIX J. PUG, Notary Public.
SAINT