The herald., 1920-08-12
CHARTER.

of this corporation shall be vested in and
be exercised by n 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 are
elected and qualified. All such elections
shall Ice held by ballot and conducted AT
the office of the said corporation under
such rules and regulations as may be- here
after adopted. At all such elections every
holder Of common stock shall be- entitled
to one vote for each share Of common
stock standing in his name on IA" books
of the corporation. to be- east in person or
10y his written proxy, and the majority of
the votes east shall elect. \ failure to
cl"Ct Directors on the date specified shall
not dissolve this corporation nor impair
its corporate management but the Birrr-
tors then in office shall remain in office
until their successors arr, elected and uual-
flied. Three Directors shall constitute q
quorum and shall be necessary to author
ize any act TO be binding upon this com
pany. Any vacancy occurring among Tia"
Officers or Directors. by death. rc~igna-
ton or otherwise shall be filled by cleo
tion for the remainder Of the term by Il
majority Of the Board present or repre-
S-nted. Every Board of Directors may
elect from their own number q President.
Vice President Secretary. Assistant See
rotary. Treasurer and General Manager.
The Board of Directors may from time to
tim" name and appoint all such other Off
GERS aud agents as the business of the cor
poratiOn may require. II shall have power
to fix and define the duties and salaries
OF every officer and employee. and all
officers and employees shall hold office
and employment at the pleasure Of the
Board.
And at such meeting it was unanimous
~ resolved that Article VI of the charter
ot n" corporation b" amended 50 as to
read as follows:
ARTICLE Whenever this corpora-
tion may he dissolved. either 10y limitation
or from any other caus" its affairs shall
be HquIdated by three commissioners to
b" appointed from amongst the holders
of common stock at a general meeting of
IN" holders of common stock convened for
such purpose, Of which meeting notice
shall be given in the manner and time
provided for stockholders meetings 10y
Article VII of this charter. and majority
in amount of the common stock of said
company, represented al such meeting.
shall be requisite to elect: said commits
SlonerS shall remain i'm office until the af-
fairs of said corporation shall be- fully
llquldated. In case of the death of one
or more of said commissioners th. va
cancy shall be filled by election 10y the
surviving commissioners.
That AT such meeting il was unanimous
ly resolved that Article VII of the charter
OF the corporation be amended 80 as to
read follows:
ARTICLE VII.-The act Of incorpora-
ton mag be modified, changed or altered
or said corporation may be dissolved with
the assent of three fOurths Of the common
the holders Of common stock convened for
such purpose and after notice shall have
been given in one or more new pau.rS
published in the Parish of Orleans once a
week for four weeks preceding the meet
ing and by a written notice to each holder
or common stock. mailed to him thirty
600 days prior to the date Of meeting at
the poStOffice address designated my him
in writing.
And said appearer further declared that
ne Is authorized. empowered and directed F.
10 sign ana execute all requisite and n,res- /
sary acts and proceedings to carry out
ana 10 effect the said amendments and
that he does now appear before me. No /
larry, IN order to make proper notariaI rec /
ora OF SAID amendments. and to have same /
VIII more fully appear by reference to a |
certified copy of the minutes of said /
STOCKHOLDERS meeting, attached for refer
rnCe TO this act of amendment.
Thus done and passed. In my office. at /
the City of New Orleans. State of Louis I
Jana, on the day, month and year herein |
first above written. and in the presence
Df Edwin L. MerriCk and VIM Mason 4
smith, Jr.. competent witnesses. who have
lereunto signed their names together with .
ne said appearerS and me, Notary after .
due reading OF the whole
Witnesses: Edwin T. Mcrrick. VIM. Ma
son Smith. Jr
Original Signed) \. H. Groghegan
WILLIAM j. GUSTE. Not. Pub.
y 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
ne act Of amendment of the SOuthport
viii Lid was this day duly recorded i'm
ny office, in Book 1916. Folio lO3.
New Orleans. July 70. 1920
Signed0 EMILE J. LEONARD. Nv. Il.
July - Sent >