The herald., 1920-03-18
CHARTER.

parts and accessories and supplies therefor I
and appurtrnan"es thereto, Including trail .
erS. tractors. and similar equipment for /
its own account and a. agent for others. /
TO operate autOWOhil" carriages aud to .
Manufacture and assemble machinery of 7
all kinds. automobiles. together with parts }
thereof. and supplies, Hrrr~>"rI"~ and ap- /
purt.HaUcv~ therefor. to own. operate. re- /
pair. lease. >torr. and deal Iu auto trucks /
farm trucks and N,li-prop'Il"d farm i'm 7
plrm"nt> OF an character. including road .
building machinery 10 build. Operate HH" .
contract for roads of an kinds. 20 do 20
general engineering and efficiency expert /
aud contracting aud construction business /
and 10 "ngag" ia an businesses incidental /
to IA" purposes stated.
ARTICLE IV.-Th" capital stock OF this
corporation j. hereby fixed ~ six thOu~-
and dollars tStOuuuul. divided into and
represented 10y ~iNfN 600 shares of the par
value of one hundred dollars tSluU.oo c.,rl.
which shall Doe paid for in cash or may
hr ISSUED. 40 not less than par. for prop
| Crty actually received or services actually
rendered 10 IA" corporation This capital
| stock may b" increased 20 the sum ~ one
| hundred thousand dollars t>iuOOor"ut All
| stock shall ," traU~f"rGhi" only Uuou the
| books of the Company and In accordance
! wiki il, bylaws aud regulations.
ARTICLE V. All Tho powers of this cor
! ruration shall D." vested In and exercised
10y a board composed ut ihrc" go dir""-
tors. who shall elect from their number
90
ana - Secretary. The said Board Of III
rr.torS shall be- elected annually on th"
! Hr~t Monday ia January Of each year. the
| first election to be- held in the year 1907.
| .lll such elections shall b" 10y ballot. 80 the
| office of the corporation. Notice of am
! nual meetings. a~ Welt rs OF special meet
| iug~ of stockholders. shall ho given hy
J written notice mailed ntf-"n tl-p DAYS in
advance OF tho dat" fiNci for such meeting
| To each ~fOrkhOldrT appearing as such on
the books of IN" company. al his last
designated address or at Ia" general de-
! livery al New Orleans if be- has NOT d,.>i-s
mated an address Bach shareholder i On
titled 70 on- yut" for each share OF stock
! standing in his name ON the books of the
, ! Company. said Nut" 10 10" east Iu person
. / or 10y PROXY. and the naiorify uf votes
, | shall have III" power TO nh all vacancies
, which may occur on the Board, even
though no quorum remain at III" time such
. | vacancies are To h., tllri. Failure 10 tIy,.i
, | Directors on ia" day above specified shall
nor dissolve the corporation. hut the hi
. rer'or~ than In oNIc" shall remain lU OfI't
: until their successors ar" elected. The
: | Directors may elect such other OF ircr> as
, they deem necessary or convenient for TIA.
carrying on of IN" Company business
, and shall have power To unit" two or more
, / offices AMI Ia confer m" sam" upon on,
, ! person. or TO di~pcu>. with any office in
! it. discretion. Tho BOARD of Directors
shall also have power To make and r~tab-
, ! li>L. a. well aS alter ana amend. all by
: | laws. rules and regulations necessary and
: ! proper for IN" support aud management
: of IN" affairs and business of the corpora.
, | tiOn. and not inconsistent with ir> charter
: | Two ~ Directors shall constitute 20 quOr.
um for the transaction of business. Al
any meeting of th" Board Of Directors any
Director "h>vnt from the meeting may b,
= | represented by any other director. who
! may cast the vote of the absent director
= | according to tn" written instructions al
! said absent director. Until the aHnua
| meeting in 1921. the Board OF Director,
= | shall consist of the following. John Hen
! ~. Seaman. Post Ofice address 1901 )
= johnson Street. New orleans. La: LpSli,
. &. Knight. Post Dlice address 1850 Jack
:. son Avenue. New Orleans. La. and J
Il Blanc Monroe. Post Onire address l42
Louisiana Avenue New Orleans. La. q
= th"S" John Henry Seaman shall be- Prr>i
! dent. Blanc Monroe Vice President Les
! il" g. Knight. Secretary. and John Henri
/ Seaman. Treasurer.
ARTICLE NI.-ThiS act Of incorporatiO
t. may be- modified. changed or amended. o
u | this corporation may he dissolved ia g.
II manner provided hy law. by Il vote Of two
~ thirds of the entire outstanding capita