The herald., 1920-09-02
CHARTER.

Of this CORPORATION shall be vested in and
be exercised by Board of Directors to
be composed of five 90 holders of com
mon stock to be elected annually on the
first Monday in January Of each year
hereafter or until their successors ar"
elected and qualified. All such elections
shall be held by ballot and conducted at
the office Of the said corporation under
such rules and regulations as may b" here
after adopted At all such elections every
holder of common stock shall lee entitled
to one vote for each share of common
stock standing in his name on the books
of the corporation. 10 be- east in person or
by his written proxy, and the majority OF
the votes cast shall elect. \ failure to
elect Directors on the dat" specified shall
not dissolve this corporation nor impair
its corporate management. but the lbir"c-
tors then in office shall remain IN oitiCe
until their successors are elected ana Qu1l-
flied Three Directors shall constitute 4
quorum and shall be necessary to author
iZe any act to be binding upon TINS com
pany. Any vacancy occurring among tn"
Officers or Directors. by death. rrsigna-
ton or otherwise. shall b" filled by cleo
ton for the remainder Of the term by
majority OF the Board present or repre-
scented. Every Board of Directors may
elect from their Own number President.
Vice President. Secretary. Assistant SEQ
Rotary. Treasurer and General Manager.
The Board of Directors may from time To
time name and appoint all such other ON
GERS and agents as the business of the cor
poratiOu may require. II shall have power
To fix and define IN" duties and salaries
of every officer and employee. and all
Officers and employees shall hold offic"
and employment at the pleasure of the
Board.
And at such meeting il was unanimous
ly resolved that Article VI of the charter
Of the corporation be amended 50 a. to
read a. follows.
ARTICLE Whenever this corpora
ton may he dissolved. either by limitation
or from any other cause. its affairs shall
be iquidated 10y three commissioners. to
be- appointed from amongst the holders
Of common stock at general meeting OF
the holders of common stock convened for
such purpose. of which meeting notice
shall be given in the manner and time
provided for stockholders MEETINGS by
Article VII Of this charter, and Il majority
in amount Of the common stock of said
company, represented al such meeting.
shall be requisite TO cl-'t: said commits
SiOHcrS shall remain in office until the af-
fairs of said corporation shall be fully
liquidatcd In case of the death of one
or more of said commissioners. the va
cancy shall be filled by election by the
surviving commissioners.
That AT such meeting il was unanimous
~ resolved that Article VII of the charter
Of the corporation be amended so as to
read as follows:
ARTICLE NII-The act Of incorpora-
ton may be modified. changed or altered.
or said corporation may be dissolved with
the assent of thrcc-fOurths OF the common
sioth represented At a general meeting OF
the holders OF common stock convened for
such purpose and after notice shall have
been given in one or more newspapers
published in the Parish of Orleans once
week for four weeks preceding the meet
ing and by written notice TO each holder
OF common stock. mailed to him thirty
(3CD days prior To the date of meeting. at
the postoffice address designated my him
in writing.
And said appearer further declared that
he Is authorized, empowered and directed
to sign and execute all requisite and neces-
sary acts and proceedings to carry out
and 10 effect the said amendments and
that he does now appear before me- No
tary, i'll order TO make proper nOtarial rec
ord of said amendments. and to have same
will more fully appear by reference TO
certified copy of the minutes OF said
stockholders meeting. attached for refer
ence TO this act of amendment.
Thus done and passed. in my office, at
the City Of New Orleans, State of Louis
lana, on the day, month and year herein
first above written. and in the presence
of Edwin T. Merrick and VIM. Mason
Smith. Jr.. competent witnesses. who have
hereuntO signed their names together with
the said appearcrS and me, Notary, after
due reading of the whole.
Witnesses Edwin T. Merrick. VIM Ma
son Smith. Jr.
Original signed) A. u. Geoghegan.
WILLIAM J. GTSrE, Not. Pub.
\ true copy.
WILLIAM J. GUSTE. Not. Pub.
l. the undersigned. Recorder of Mort
cages in and for the Parish of Orleans
state of Louisiana. do hereby certify that
I the act of amendment Of the Southport
| Mill. Ltd. was this day duly recorded in
my office. in Book 1916. Folio lO3
New Orleans. July 20. 1920
(SignedD EMILE J. LEONARD. by. II.
July 29-Sept. ..