The herald. [volume] (New Orleans, La.) 1905-1953, 1920-04-01
CHARTER.

on legal nOlluiN anu III tl'l' ''''N 80
the next succeeding day which Is not a
LEGAL holiday and shall hold office dur. /
iu@ the ensuing calendar year OF uhli
their Successors have been duly elected
and qualified.
failure to eject directors on the day
above specified shall not dissolve this
CORPORATION. but the directors then i'll OF
flee shall remain in office until their
successors shall have been duly elected
and qualified.
The board Of directors named in this
charter shall meet Immediately after the
signing thereof and thereafter shall hold
meetings on - day to be fixed from ilmr
10 time by the members thereof or IN the
event or fdilur" to specify said date, upon
the call of the president, vicc-prcsident
or secretary
Until the first annual election for di-
rcrtnrS t. be held under this charter or
until their duly qualified Successors are
elected and installed. the board OF dir"c-
tors of this corporation subject to in
crease 49, hereinafter provided, shall b"
composed of the following persons.
Joseph T.. IIeuicyn, 2GO5 st. Charles av-
ruuc. New orleans, La. Leo Z. BROW ne,
~? Whitney Ed". New Orleans La
Harrison l.. Winston, 1872 Pine street
New orleans, La.
At the first meeting of each board OF
directors they shall elect from among
thrir number president. on" or more
vice presidents and secretary and a
1
more of said offices
said board of directors shall hay" full
power and authority To Ill alt vacancies
which may incur in the membership AMI
to increase IN" boards membership at
any time or times up 10 the maximum
herein provided and may ut any time de
.rra>" the membership To not less than
three go.
\ majority of the members at any time
in office shall constitute Il quorum for
the Transaction and management of bust
Ness of said corporation. They may make
such bylaws. rules and regulations as
! they may think proper and for the trans
action OF the business and affairs of said
corporation and change. alter and amend
same at pleasure, appoint and fix salaries
| of officers. clerks and employees, tn" sam"
| To chang" and dismiss at their pleasure:
! fix salaries for Officers provided for
herein. sell convey. mortgage. pledge,
| lc;r>, and purchaS" property. movable.
! iumoyuhl" aud personal. borrow money,
| i~~u" notes and bonds. lend money, max"
| contracts and sign and cause to BE- signed
! all necessary acts. deeds. etc. 10 take
! judicial proceedings in the name and on
] behalf OF this corporation and generally
To do all things necessary to he done III
| The management of said business and may
! be- directed by the laws applying To cor
poration> and declare dividends
J That all annual meetings or meetings Of
/ the stockholders shall be held ut the Of
! flee of III" corporation after notice there
| Of being deposited in the pOStoffice prop
erIy addressed To each stakeholder ut his
/ last known address at least fifteen (l5l
days before such meeting.
| ARTICLE NIII.-ThiS charter may he
modified and the capital stock of this
corporation may he increased or decreased
I or this corporation may he dissolved and
its affairs liquidaicd after due notice in
the manner provided by law. But any
and all meetings of stockh oldcrS. whether
for tn" pnrpoSe of liquidation or for any
other purpose may lie held at any time
without notice 10y the unanimous consent
of all stockholders in writing filed with
the secretary.
ARTICLE IN-Tho president or act
ing president may At his discretion and
shall upon written request of two stock
holders call special meeting of the stock
holders of this corporation.
ARTICLE Mo stakeholder shall ever
he liable or responsible for the contracts
or faults of this corporation in any fur-
thcr sum than the unpaid balance du" TO
this corporation on the shares owned or
subscribed hy him, nor shall any mere in
formality in the organization have the
effect of rendering this charter null
or Of exposing the stakeholder to any Ii
ability.
This charter shall serve rs the original
subscription list and the subscribers have
set opposite their names the number of
shares of stock subscribed for by them.
Thus done and passed in my office at
the city of New Orleans, on the day. month
and wear hercinbefOre first written in
y
bert and Edmund L. Mabry competent
witnesses. who hav" hereunto signed these
presents. together with the said appcarers
and me. notary. after due reading of the
whole
COricinal signed:
Joseph l.. Henican. oG05 st Charles
avenue 80 preferred stock.
Harrison l.. Winston. 1912 Pine street
20 preferred stock.
Leo &. Browne, coo whitney Bldg. SOC
common stock.
Witnesses:
l.. A. Hubert.
T.. r. Mabry
W. Mel. FAYSSOUN.
Notary Public.
l. the undersigned. Deputy Recorder oi
Mortgages. i'm and for the Parish of Or
, leans. State Of Louisiana, do hereby cPrti
, fy that the above and foregoing act oil
= incorporation of Browne. Winston 4
Company. Incorporated" was this day
duly recorded in the mortgage office 81
: the parish of Orleans, in book 1898. foliC
, $500. New Orleans. La, March T. 1920
CSignpd): EMILE !. LEONARD. II. Il.
!. the undersigned notary public, il
, and for the parish of Orleans. do hereby
: certify that the above and foregoing il
, a true and correct copy of the origina
act of incorporation of Browne. Winston
& Company. Incorporated" and Of the GER
I tifcate of the recorder of mortgages fO
|, this parish thereunto appended, and o
record in my office.
In faith whereof have hereuntO So
r my hand aud official seal this 3rd da!
of March. 1920
W. Mel. FAYSSOJ-N.
Notary Public.
March 11-AuriI II.