The herald. [volume] (New Orleans, La.) 1905-1953, 1920-04-29
CHARTER.
AMENDMENT TO CHARTER or hoh>
NIL, A COMPANN, lNC.
Enu\ NEII. 4 SIMON, INC.

leans lie IL known. l"a' ~, I'D nt,,.
nav Of April ia the year "l our To-, 81, ~,
way W ,,jrr, hundred and twenty, b''"i'
No.. Herman l.. Barnett. a .N","I' ID
Juiv commissioned ana Hh''lIl'"' ~ ,,,..
for this Parish aud SlH.r' 'n.,i,,,- here
IN in the presence Of thr Nl,"'s~, IN,
49,. -, ,.,p,rd aud undersigned. P"I>""" ~
,.,u, ana appeared Joseph NOM. r,,,-
,.I,r.d that he j. ia" dull a"'"', w., y"
,s..rtatiy,. of kuhu, Wen " "''.l',,''
iI|a duIy organized Louisiana ."IlV'"
~, .r,.,ted nv act before Felix ). hT'E
rnus Notary Public, on the '"tllt ,,
az tho month OF May. IN ih' E'"i, ,E
thousand min" huuhFtu ~ ~, If a
lii auu,grrr further d'rlaI'n '""' ,b,
,f.i meeting of thu >tookholdrr~ 81 "a n,
LA kohn. We'll \ company, lm tLe
a fhc dumirih of IN" r"f'". ".'.'' 80, tEa
civ Of New orleans. n"Hi >l .'',.,, nc hay
Iltb dIy of April 100. -"i' '.'' inf
49,, IN duly called and du" nome ''', ii ii
laying been given. at Mhi'H nv ' -
share, OF the capital >io'h OF wv - g.
ton were present or Irpi,~'Ii ,.rnutrd
,nt.d upon motion dulN maui - .
- ,,,,Iituou~lv carried. lhal .N'.' y, -
IN and VII of IA, Charter "I non, u.
Wnu A Company. Inc. o." "N'""'"
read a. follows r,;.
Aptitude The nam" and -t!l" oi '"l>
na,i,,, ,IyI n. kohu. We'll simon
.rJ I,y that ,urVUrIi" name '"'
stid company shall hdy" power "nu ,,r
,Eority 10 enjoy and have Su'''NH'p" ~,
go, ,,,rioI of ninety min" years " ~,
w ~. md Ir sued in it, '"rp"r",'
-. en- make aud use a corporate N'"' d
Ia have hold. receive, '"h''Er NJ
Iyuotu,cat, or pl"dE" property. wv"
- ,.r.ouaI. To ISSUE bonds. NOUS '"'
- ,bIipytinu>. to have ana 'MF'"E
NH u,.uagrr> directors. officers. .-'"'
and other employs a. me '",' -. r..
convenience Of said 'urP"FaIl'" No. -
,,,,irr and to make and establish SUI" -!
-. ruIrs and regulations Tor lH' '"i
,or.,t. management aud control OF t"' 81
fuirs of the corporation. ~ may w "''''
necessary or cNPcdlehI. r ~ ,If.
ARTICLE ~. The "apii"I Nl"'N ~ ,,,,
orrorg,iou il fixed at the sum o. wv
hundred thousand dollars. dNIt'H 'n," Ivy
,bouSaud shares of one huhur'" ""'''',
each, which shall he pan" t'' r"u,rty in
issued for IA" pur"haN" oil Pf"PinH - -
,,cb manner as the Board al Ihi''t"IS
may determine. No transfer 81 s'"'h ni i..I
ha binding upon III" corporation m -,
ra,ordgd uuOu its books. nor Nhdii "'.,
,o.L boIdrr have the right iunl'>N ~ '">'
Jnur Directors cou~"HtD 10 sell OF Fano''.
,ny nf rho shares held 10y nm. Mih"ht
huyinr first offered tn" sam" 10 lh' '"'
,,ion throurb its Board of Directors,
~ a.. hook yaup at the Close OF the liSt
6sryI wear Said Board OF directors Sn"l'
have the right. for a period OF hl,''h "' -
thereafter. Of purchasing Nald NhaI's npl
- ar s,id value All shares thus Pur
chased may he re issued ar SOLD by Tue
BOARD of Directors. III itS d ls'it'i .',
Notbiug herein contained >hdh prevent ~.
stock hOlderS from making any a-If'i"',,
~ contrort covering the holding. Sale'
transfer or other disposition OF S'"'h
, provided all stockholders cohs'h' W S..i ~,
agreement or contract. ana Su'h 'oH'I1 az
shall control the rights OF me SlotHh"in
- an shares of stock shall Ice ful! pdlu
and non asSCSsable. The certificates oi
stock shall he signed aud issued ny tn'
officers designated by the board Oh ~
r,,.tors and said certificates ShaIl nave
nrintpd or written into or across thcli
face the words These shares are assign
able and transferable only pursuant 10 IN,
4. .H.aV.aN nN
charter and bylaws OF TINS COMPANY, Va
any agreement or contract made IN puI
su1nce thereof as provided in Article ~
of the Charter, to which reference IL mere
NV made" By unanimous consent OF tn'
entire Board Of Directors hS thsh cons s
tutrd. at a special meeting called Tor tha'
nurnoSp and without the necessity OF any
amendment to the Charter, the above Ger
tificates may he called in and new certih
forth may be issued in their stead
ARTICLE V.-All corporate powers o.
this corporation and the msnsge9 sh W
lis affairs shall he vested in ana eAer
,ised by Board of Directors composed
81 not loss than four and not more thar
six stockholders, four Of whom shan 'eo
Stitute quorum for the TRANSACTION VI
all business, and the concurrence OF Ioul
shall be- necessary to any action OF th'
Hoard whether il consists of four mem
hers or more. The Directors shall %
elected annually. by ballot. by storkhold
ers on the fourth Wednesday OF Jahuar.
ing ten-day notice in Writing. chanS'
the date Of the annual meeting to any tlIh'
between the fourth Wednesday IN Jahn
airy and the first day Of March. Each per
son shall be entitled in person OF 10y
written or tclegraphic proxy. TO one No''
for each share owned by him. which proxy
shall be issued only to another Director o.
stakeholder. II shall require vote OF no
loss than fye-siNthS of the outstanding
capital stock Of the company 10 eject
Director at an annual meeting Of stock
holders and no Director shall be declhre'
elected or qualified unless he Shall nav
been chosen by vote of not less thai
five siNths of the outstanding capita
stock of the company. MI elections shal
he held under such rules and reguIation
ms may he determined by the Board o
Directors The Directors thus elected shal
continue in office for one year. or untl
their successors shall have been duly eiec'
ed and shall have qualified. Failure !
elect shall not be regarded aS fOrteltur
of this charter. but the Board and ollcer
shall continue to hold Office until thel
successors are elected The Director
may, at any time, by vote OF NOT ies
than four elect to the Board additions
Director or Directors, provided that IN
total number shall not exceed SIX. An
vacancy occurring on said Board by deaf
resignation or otherwise may he hlled b
the remaining Directors for the unexpire
term. The Board of Directors shall,
it's first meeting after its election, nom
nate a Chairman of the Board, Iresiden
ident, a Treasurer and II Secretary. II
Board Is vested hereby with the pow,
to abolish the office Of Chairman of q
Board, and or Second Nice-PreSident, M
to re-establish II, from time to time, m
re-aboIish it, as In it's discretion II ms
determine: and Il Is further authorize
and empowered to combine the office
Secretary and Treasurer. The said Boa
shall have the right to make bylaws.
appoint and dismiss all clerks. employ
agents and representatives OF the cor
pany as the interests of the company ma
demand Any Director shall have q
right by written or Geographic proxy.
appoint any other Director or stOckhOld
TO act in his place and stead at any al
all meetings of the Board. Anythil
herein to the contrary nOtwith Standin
any and all action taken by the Boa
must have the concurrence of at least 70
members of the Board
ARTICLE NIl.-ThiS Act OF lncorpo
ton may be changed. modified or altert
or this corporation may be dissolved. OF
with the consent of the stockholders ow
ing five sXths Of all the stock of the -
poration, ut a general or special meeti
convened for that purpose, and after
least ten days written notice shall hf
been given, through the mail, addressed
each stockhOlder at his last known pli
Of residence: but this notice. and any Otl
notices required to he given. may
----------------