The herald. [volume] (New Orleans, La.) 1905-1953, 1920-01-29
CHARTER.

Orleans, La. At said election, and at all
other meetings of the stockholders, the
voting shall be by ballot, and each stock
holder shall be entitled to one vote for
each share of stock standing in his name
on the books of the company, to be cast
in person or by written proxy.
Five per cent of the outstanding capital
| stock Of this corporation shall constitute
| a quorum at any and all meetings Tor
| the transaction of any and all business,
except as otherwise provided by law. The
majority of stock voting shall decide all
questions, except as otherwise provided
| by law, or by this charter.
| The Board of Directors shall have the
| right to ill for the uneXpired term any
vacancy occurring among the Directors by
| death, resignation or otherwise, even
| though the number be by said couses or
. either of them reduced to less than a
quorum.
The failure to hold an annual election
| or to elect Directors as above provided,
shall not dissolve the corporation, but the
| Directors and Officers then in Office shall
cause an election to be held as soon as
possible thereafter, notice of which shall
| be given above provided for the hold
ing Of the annual meeting of stockholders
pending which election the then Directors
and Officers shall remain as such until
their successors are duly elected and shall
have qualified.
The Board of Directors, shall, within
thirty days after each annual election,
elect from their number President, a
Vice-Ppresident, and shall also elect
Secretary Treasurer. The Secretary Treas
urer need not be a member Of the Board
of Stockholders, and the Board of Di-
rectors shall have the power to elect
from their number such additional Vice
Presidents and also such Assistant Secre-
, tary Treasurers, as in their judgment seem
best, and such Assistant Secretary Treas
, urers need not be stockholders or MEM
bers of the Board Of Directors.
/ - l~uNI L.
power of delegating all or any Of Ats pow
, ers in the transaction Of the business OF
this corporation to a committee or COM
mittees of its own body or to officers and
agents of this corporation.
Any and all directors and officers shall
hold Office at the pleasure Of the stock.
holders, who may, at any general meeting
convened for that purpose, on notice as
above provided for the holding of the an
nual meeting Of stockholders, declare such
dictatorship or office vacant, and select
successor or successors to such director
or officer, and 1t shall be the duty of the
Secretary and the President to call a meet
ing for that purpose at the request in
writing Of ten per cent of the capital
stock Of this corporation then outstand.
ing.
The Board Of Directors shall have power
to adopt bylaws for the government OF
this corporation, and to alter, amend oil
abolish the same at pleasure at any spe
! cidl or general meeting of the Board o.
Directors, and no previous notice of al
8 intention to alter, amend or abolish tn,
Z bylaws shall be required.
The first Board of Directors shall b.
composed of: Edwin l.. Powell, whose pos
office address is 1855 Tchoupitoulas Street
New Orleans, La; w. Scott Bryan, who's
post office address is 1855 Tchoupitoula
Street, New Orleans, La, and William II
Puryes, whose post office address is 175
ITchoupitoulas Street, New Orleans, La
: Who shall hold Office until the annua
meeting in 1921, or until their successor
s are duly elected and qualified, and Edwi'
Bryan, shall be ice-President and VIII
J. liam III. Purves, shall be Secretary-Treas
? urer.
p ARTICLE yI-This act Of incorporation
n may be modified, added to or ehangea'
lie said corporation may be dissolved In tn
= manner provided by the law OF the Stat
a, of Louisiana at the time such action ]
,e taken, at a meeting OF the stockhoiaer
c, convened for such purposes ana calieu !
d the SAME manner as is provided herein
s. above for he calling OF the meeting 70
e the annual election of the Board OF ID
d rectors, and whenever this corporation ]
d dissolved, either by Limitation or by vot
l. of its stockholders, its affairs shall o
W liquidated by three HQuidating commits
,e sioners to be elected at the general meet
is ing of the stockholders called for tn
1. purpose Of voting on the question OF liqui
10 dation and in case of the death or reslg
a. nation of any of said commissioners. tn
le surviving or remaining commissioner o
J. commissioners, shall, within fifteen day
l. after such death or resignation, or as 500
lie thereafter as is possible, cause to be held
A. a general meeting of the stockholders a
s, which a successor or successors to sue
10 commissioner or commissioners, who Ma
ID have died or resigned shall be elected; an
Is In the event Of the death of all three com
g. missioners a general meeting of the stock
l. holders may be called by any of the stock
In holders in the manner provided for tn
n calling of the meeting for the annual eleC
l. ton of the directors for the purpose q
electing three other commissioners. l
a. the event that more than one stockholde
n attempt to call the general meeting Z
he stockholders just hereinabove provided TO
IN then the said meeting shall be held 1
We accordance with the first notice theret
.e, that may be issued.
y All meetings of the stockholders and
Id the directors shall be held in New o.
OF leans, La, at the Office of the compan
Iii or IL 1t have no Office, at some 9th,
r. readily accessible place of business; DR.,
Ike vided, however. that with the written col
ne sent OF all OF the directors valid NEE
n ings Of the directors may be held outsic
tie the State or Louisiana, or within the Sta
se, elsewhere than its domicile and Office.
&C. ANY and all notices by this charter
y, py law to be given to stockholders or
ne directors may be waived by the unanimo,
ms rectors, respectively, except as otherwi
oh provided by the law of the State Of Loui
av lana.
ne ARTICLE Vino stakeholder shs
e ever be held liable or responsible for co
CHI tract or faults Of this corporation in al
to further sum than the unpaid balance d.
nd the company on the shares Of stock su
scribed for by him, nor shall any me
ses informally in the organization Of tn
ed corporation have the effect of renderiI
cal this charter null, or Of exposing al
es, stakeholder to any liability beyond SUI
Of unpaid balance due on said stock.
nd In order that this charter may al
* serve as the original subscription list I
or quired by law, the subscribers to this q
lr- OF Incorporation have also written O
,ut posite their respective names. their respe
nd tive addresses and the amount of capt.
Jus stock Of this corporation subscribed I
en- by each Of them.
Try Thus done and passed in my office.
xe- tue city OF New Orleans, on the day a
cts IN the month and year first above VIZ
ten, in the presence of George Denep
tai and Jeanne Hatrel, competent witness
at who hereunto sign their names with
OO) said appearers and me, Notary after 4
IN reading of the whole
,ne Original Signed)
Iall Il. L. POWELL, 9S Shares
at w. SCOTT BRYAN, 1 Share
ur- w. III. PURvES, / Share.
his Witnesses:
zen Geo. Denegre,
lay ]. Hatrel.
FELIX J. PUG,
ock Notary Public
is I, the undersigned, Recorder Of Mo
ars cages, in and for the Parish of Orlea
Dy State of IOuisiana do hereby certify III