The herald., 1920-07-08
CHARTER.

cics on the Board of Directors shall be
filled by election similar to the election
at which the said Board shall have been
elected. The Managing Director, the
secretary and the Treasurer are the only
officers who may receive compensation
for services, such compensation to be fixed
annually by the Board; the Board to de
eide whether any of them X TO receive
compensation, and if 50. which one or
more. such decision to be Incorporated
in III" bylaws.
ARTICLE N.-The Board or Directors
shall serve for a period of on" year from
TIA" dat" of election. ana until their sue
cc~SOr~ shall have been elected and quail
fled. such election shall lac held annual
~ on date To bee fixed in the By Laws Of
this corporation. Sp"ciar meetings of the
membership may he held on the call Of
the President of TIA" Board of Directors
Nh calls for meetings other than the IN
Huul Meeting shall be bV fifteen day~'
notice nv mail. At all meetings OF the
membership. each member shall be On
titled to one vote. The erection of the
Board shall be by majority vote of th"
members present 1T the Animal Meeting
or the meeting called for the purpose OF
such election.
ARTICLE VI-TutH the first meeting
Of the membership the following shall
serve as IA" Eourd of Directors and Of
ficrTS of this corpurati0n President liz"
Levy: Nic'-Prc~idrnt. George W. Reese.
Treasurer: +. W. Ellsworth. Secretary: G.
). Hammock.
ARTICLE NII-Thc Board of Directors
shall also select Il practising attorney
at-laW L. act Is the lvgaT adviser 10 this
corporation aud the officers and Board
thereof in all matters affecting the pur-
poses and policy Of this corporation. No
legal proceedings shall be Instituted and
no threat "i prosecution mad" except upon
adviC" Of tho >uid counsel. and in any
event no such threat or proceeding shall
Ia. ca of str.
of Directors authorizing the same. tn"
said counsel shall receive an annual re
tainpr for such advice and consultation
10 he fixed annually in adNaure between
such counsel and the Board OF Directors.
ARTICLE NIII-Thr Board of pircc-
tors shall hav" tn" right in its discretion
to Suh-diyide its body. or the member.
ship, into ~uudry and appropriate Com.
mittccs 10 hIndl" different phases of the
activity aud interest of this corporation.
Ii shall hr proper TO specify such Com
mittecN and tie HUthnri.- 5nT Workings
thereof in the bylaws 10 hc hereafter
adopted 10y th" BOARD of directors.
ARTICLE IN Service or legal process
shall be made upon the President of this
corporation and in his absence upon any
other officer of th" corporation. and other
wise in accordance with law.
ARTICLE n This corporation shall
exist and hay" ~ucrr>>ion for a period of
ninety nine wears.
ARTICLE NJ The name aud post ofri'"
address Of tn" subscribers to this Act Of
Incorporation ar" affixed hrrcunto.
ARTICLE MI. This Art or IurorpOFl
ton may b" amended and altered in ar
cordance with existing law. and this cor
pOration shall b" HPuidatrd and dissolved
in accordance with provisions Of law.
ARTICLE Mil This corporation shall
have 10 capital Stock aud 40 shares Of
stock either common or preferred shall
be- issued by il.
ARTICLE NV. Tn" funds for the op-
GRAFTON of this corporation and for tn"
payment Of H. debts -m- expenses shall
ice obtained from subscriptions made an.
nually in adNaur" 10y its membership. and
no debt shall be- incurred for an ensuing
year without budget ut expenses aud
such subscriptions first raNiuG been mad"
by the Board OF Directors and upon its
appearing that such subscriptions are an
prONimatcly sufficient to cover the esti-
mated expenses and disbursements.
ARTICLE Nv. Any reputable resident
Of the State of Louisiana shall lac .ligibl"
to membership upon his making appli-
cation TO that end in writing to this cor
pOratiOn and upon the acceptance of such
Application by :he Board Of Directors
thereof.
ARTICLE NVI-Re>trictions and con
ditiOnS with reference 10 classes of mem
berShip, If desired. and with reference To-
the qualifications of members shall l."
prescribed in bylaws to he hereafter
du'pt'u put VT lbS'r.
ARTICLE NVII This corporation shall
have tn" powers aud authority vested in
nOn-trading corporations 10y existing law
and specially given by tn" provisions of
Act 2j4 of 1914 of the General Assembly
Of the State Of Louisiana.
ARTICLE NVIII. No member of this
corporation or subscriber to this Act of
Incorporation shall Ice held responsible
for any indebtedness or faults of this
corporation. except to the extent of such
dues or subscriptions rs such member
may have contracted Ia he responsible
for, and no infornIality or Irregularity in
the formation of this corporation shall
have the effect Of exposing any member
thereof to personal liability. or have the
effect Of rendering this charter null.
Thus done aud passed before me by
the appearcrS who have hcrrunto sub
Scrih"d their names in tn" presence Of
the legally competent witnesses. who have
signed as such on the day and date first
herrinabOve written.
Witnesses: +. J. Stitrir. J. BERNARD
Cooke.
COriginal Signed) Claude Stuart Ham
mock. 21l5 ST. Charles Ave. Ike Levy. so
Canal Street: Geo. W. Reese. SO Canal
St; f. II. Enck, Canal ANA pauphine SITS
l.. Il. Putnam. Southern Pine Assn: L.
W. Ellsworth, Co.'s Prytania st.
SOL. WEISS.
Notary Public.
I. the undersigned, Recorder of Mort
cages in and for the Parish Of Orleans.
State of Louisiana. do hereby certify that
the above and foregoing .'ct of Iucorpura
ton. of the Better Business bureau of
New Orleans. La. was this day duly re
corded in my office. in -oOk 1912 Folio
3JT.
New Orleans. May 18th. 1920
tSigned) EMILE ]. LEONARD. by. K.
\ true copy of the original.
SOL. WEISS.
Noypry puLIip