The herald., 1920-10-14
CHARTER.

-~ntod - q special Meeting called for ina,
puTpo~. or at the regular annual meeting
uf tn corporation. such annual election
shall be- preceded hy fifteen days written
NOTICE 10 each St", ntuId'r delivered 10
person or sent by mail 20 the address given
Iu tn" current city directory. unless thu
address of such >to,klrlI"r shall have
been registered with H." Secretary. ami
ia default OF either. care OF G"u".al De-.
livery. New ORLEANS. Ia. Tn" election
shall bo held at the Off, Of the corpora.
ton, 80 such hour a. may B." fixed by the
incumbent BOARD OF Directors and under
TIT, ~uprry isiOu Of TWO commissioners ap.
pointed by the same. This election may
also be- held hy ballot or by viva yUce. a.
agreed upon by thoS, present. Each stock
holder shall ut such annual meeting or
Titled in person or 10y proxy 10 one vote
for each share Of stock owned by him.
Elections shall b" held under such rules
and regulations as pay from TIM" 70 time
Ice determined by the Board of Dire tors.
| The Directors. when elected. shall hold
Office for one year. or until their >n'''N-
~or~ shall have been elected and qualified
! aud faiIur" to hold the annual meeting OF
stockholders. or 10 elect annually the III
/ r"ctOr~. shall not operate IN" forfeiture OF
| this charter or any rights hereunder. Any
/ ractor> may bp filled BY the stockholders
| Of the class from which the former hi
! rector was elected for the uneNpircd term.
: ARTICLE VIII.-This charter or act Of
| e.
/ altered or amended 10y and with the con
sent Of two thirds of all the stock present
! at any meeting, general or special held
for that purpose; and such amendment
may be material or immaterial. subject
/ only 10 limitations a. may be by law
| provided. and this corporation shall have
| the power to increase or decrease its cap
! ital stock as hcrcinbefOre set out, and any
increase in capital stock in excess of the
amount named herein the amount to
which il may he increased may he made
10y Il thre"-fOurthS vote Of all outstanding
stock.
ARTICLE IX.-Notice or any and all
meetings referred TO in this charter. or
required by law, shall be given in the
manner provided In giving notices in case
of elections. unless the same shall have
been waived. In case Of dissolution. lqui-
datiOn or termination Of this charter. the
affairs of this corporation shall be liqli-
dated by two hquidators. one elected by
the holders Of Class a stock and one
elected by the holders of Glass "B" stock.
elected At "A stockholders meeting con
Vencd for that purpose. or at a regular an
nuaI meeting of the stockholders. II
either class of stock fails or refuses TO
elect 4 hquidatOr, then the other class
may elect both hquidatOrs. The stock
holders may vest said hquidators with
such authority as may be by law permit
ted and fix the terms and conditions on
which they shall serve and their COmpen-
SatiOn. In the event of death, disability
or resignation of either OF said liquidators,
stock shall fill the vacancy depending on
whether the liquidator was appointed by
Class a" or Class b stock. and upon
failure or refusal 80 TO do the other hqui-
dator may act with such power and au-
thOrity a. was vested in the other two
liQuidatOrs. This corporation may be al
any time liquidated by a two thirds vote
| of all outstanding stock in favor of lqui
datiOn. This corporation further may b
nquidated upon the vote Of all of the
holders of either Class "A" or Glass "B'
. It, .I..A oh So l. hn1l hu1
give written notice to the Board of hi
reCtOrS at least thirty days prior to the
date of the annual meeting of stockholders
that il is the desire and intention of al
holders of either Glass a or Class r stOcl
D TO bring about a liquidation Of the affair,
10 of the corporation.
! ARTICLE Mo stocEholder Of thi
l corporation shall be liable or responsible
for any costs contracts, debts or faults
: of this Company. or any of its officers
\ nor shall any mere informality in organ
| iZation have the effect Of rendering thi
charter null and void. or of exposing
I stakeholder to any liability beyond tn
unpaid balance due on the stock held b.
him.
K ARTICLE XI-The subscribers heret
' have written opposite their names tn
= number of shares subscribed to by eacl
4 of them. and their postOffice addresses, s.
: that this charter may serve as the sub
: ScriptiOn list of the corporation; all o
- which subscriptions are payable in tn
4 manner and form set out herein.
b. Thus done and passed in my office n
- the City of New Orleans, Louisiana. on tn
r. day. month and year herein first abov
o written. in the presence OF Paul r. Chase
g and Walter ReNertiga. competent witnesses
9 who have signed these presents togethe
g with said appearers and me, Notary, afte
[ | reading Of the whole.
n ! (NameS of subscribers omitted)
Il Witnesses: Paul +. Chasez, Waite
g Reyertiga.
I HERMAN l.. BARNETT.
Notary Public.
l. Recorded in NJ. O. II. 1246Foilo -.
: \ true copy. tSeal)
r HERMAN l.. BARNETT.
4 Notary Public.