The herald. [volume] (New Orleans, La.) 1905-1953, 1920-11-04
CHARTER.

ten days written prior notice, the Directo
or Directors so elected to hold Office un
til the next annual stockholders meeting
but should 1t be impossible from any
: cause for any vacancy or vacancies in tn,
Board of Directors to be filed by the Di
rectorS, such vacancy or vacancies may b,
I filled by the stockholders at any meeting
called for that purpose by the President
Any and all Directors meetings, the no
tees for which are not herein specifically
provided for, may be called by any Off
Ger OF this corporation upon ten days no.
tice by mail. Any Director shall have the
right to authorize and appoint any share
holder to vote for him at any and al
Directors meetings, and such proxy shall
nave and exercise all of the powers OF
such Director appointing him. Whenever
il is provided in this act that either hi
rectors' or stockholders meetings may be
held after certain prescribed notices 10
the Directors or stockholders, il is un-
derStoOd and agreed that any and all Di-
rectOrs and stockholders meetings NAV
be held without notice. whenever lawful
provided all Directors or stockholders. rs
| 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 corporation and shall con
| duet. manage and use tne same As in their
discretion they deem best. end that is CON
! siStent with the objects OF the company
and its welfare. and they shall have power
| 10 make. alter and anuul such bylaws
rules and regulations as they NAV think
proper. They shall have the further right
and power TO appoint such agents. clerks
and employees as they deem best and TO
fix their salaries, terms of Office and the
right to dismiss them at said Board,
pleasure, and said Board shall have the
further right to determine and fix sal
aries, II any. of the several officers herein
provided for.
ARTICLE VI.-The first Board OF Direc-
tors and officers, who shall serve until the
annual meeting to be held on the first
Monday in October, 1921, or until their
successors are duly elected and qualified
shall be: Joseph W. Cory, Hennen Bldg
New Orleans. who shall be President: G.
+. Dunklin, Butler Springs Ala. who shall
be Vice President; Z. 4. Mcthe, Hennen
Bldg. New Orleans, who shall be Secre-
tary-Trcasurer; c. Langshaw. Henncn
Bldg New Orleans; ]. ID. Cory. Mobile.
Ala.
ARTICLE yII.-This charter may be al
tered or amended and this CORPORATION
may be dissolved by a vote of two thirds
OF all outstanding stock at a meeting Of
the shareholders duly convened for that
purpose by the Board of Directors or by
the President upon the written request of
not less than twenty five per cent Of the
outstanding stock. after fifteen DAYS no
tee mailed TO each shareholders last
known address. But the capital stock of
this corporation shall not be decreased by
the corporate ebtednesS. and no amend
ment shall be made changing the objects
and purposes OF this corporation without
vote of all outstanding stock. and the
capital stock shall not be increased beyond |
the amount originally uamed as the sum
to which the capital may be increased. ex- |
cept by vote of three fourths of all out |
standing stock. Whenever in the judg- |
ih"ht OF the Board Of Directors it shall be |
deemed advisable that this corporation |
snail be dissolved, the Board shall within |
ten days after the adoption OF a resolution |
10 that effect by majority of the whole
BOARD AT any meeting called for that pur-
pose, OF which meeting each Director shall
nave received at least three days notice
cause notice OF the adoption of such reso-
luton TO be mailed 10 each stockhoIder
together with notice of a meeting of the
stockholders to be held at the office of the
corporation, to act upon the resolution so |
adopted by the Board. The stockholders |
meeting shall be held at any hour fxad |
by the Board on the day mentioned. be
tween the hours of 10 a. m and m |
,or the purpose of voting upon such pro |
posed dissolution. Whenever all OF the
stockholders shall consent in writing TO a
IlssoIutlon, no meeting or notice thereof
snail be necessary.
ltion is dissolved. by limitation or other
wise, Its affairs shall be liquidated under
ne supervision of three hquidators, elect
q Dy the stockholders and chosen from
llQUl01r0rG l.
hall be elected at a meeting OF the Sbaras
olders convened for that purpose under ,
ne terms and conditions Of Article VII of !
his charter
ompany snail ever be held liable or re- =
ponsible for the contracts or fanIts Of :
ms corporation in any further sum than I.
ne unpaid balance due on shares of stock
', neu oy MN, nor shall any informally
organization have the effect of render Q
~ this charter null or of exposing snv
lockhoider to any liability beyond tho c
npaid balance due on his stock, nor shall p
ny Inl0rmahty or irregularity in o-gan- l.
alton have the effect Of rendering anv "
lsreholder liable as a partner. a
mus zone and passed in nv ONCE in |
lie city Of New Orleans on the d,y
onth ana year first hereinabove written | Vt
the presence of Salvador Schiller and
RANGES Eisler, competent witnesses who s'
ereunto sign their names, with the said
'pearers and me, Notary, after due read. ~
OF the whole. and the said appearers &
~. " nn nereunto signed opposite their names Il
ration subscribed for by them.
original is signed: J. W. CORY. New
leans, La. 1923 shares: E. A. Metbe.
w, dreams La, l share; c. Langshav,
ew orleans, La, i share.
Witnesses: S. Schilleci. F. EisIer
CHAS. F. FLETCHINGER, Not. Pub.
the undersigned, Recorder Of Mort
ata 90 ~.I, ,ne drlsn OF orleans,
ate OF Louisiana, hereby certify that the
owe ana foregoing charter of Frederic A
lggan Co., Inc, was this day duly re-
, ,ded IN my office in Book 1246. Folio Il
new orleans La, Oct. 5th, 1920
lgned2 EMILE J. LEONARD, D. r
hereby certify the above and foregoing
De true and correct copy of the orig
u CHARTER Of Frederic A Dupgan Co
ice. Al III!
AZ witness my hand and notarisI seal
view Orleans, La, this End day of DC
Seal)
CHAs. F. FLETCHINGER, Not. Pub.