The herald. [volume] (New Orleans, La.) 1905-1953, 1920-10-21
CHARTER.

scented 80 q special meeting called for that
. purpose or Ht tho regular annual meeting
/ of th" corporation Such annual elect Jon
shall b" preceded toy fifteen days. write.
/ motto" 10 each stakeholder. delivered iu
/ person or sent 10y mail 10 the address given.
/ ia ia" current city directory. unless tu,
address of such >fOrkhuldcr shall have
E been registered with the Secretary. and
/ ia default of either. care Of General p,.
livery, New Orleans. La. Tho elect tpu
. shall b." held at the office Of IN. curEura.
| ton. At such hour as may D." fined toy the
incumbent Board Of Directors. and under
, th" supervision Of two commissioners aI.
pointed 10y the same. This election may
! also b." held 10y ballot or 10y viva VOC. a.
agreed upon by tho>" present Each stock
4 holder shall at Such annual meeting or
( other meeting, general or special. be- en-.
: Titled in person or 10y PROXY TO one yot.
for each Shar. Of stock owned by him
/ Elections shall be- held under such rules
ana regulations a. may from time to time
! b." determined by the Board Of Directors.
/ Tn" Directors, when excited. shall hold
/ Once Tor one year. or until their success
! >OrS shall have been elected and qualified d.
and failure to hold the annual meeting of
| stockholders. or To elect annually tie III
| r"ctor>, shall not operate the forfeiture Of
| this charter or any rights hereunder. ANY
! vacancy occurring IN the Board of III
| rrriOr> may he filled by III" stockholders
! Of ia" class from which the former hi
| rector was elected for the uH-Npircd term.
! ARTICLE VIII This charter or act Of
!
altered or amended by and with the con
sent of two-thirds Of all the stock present
| II any meeting, general or special. held
| tor that purpose. and such amendment
| may br material or immatcrial subject
/ only To limitations as may be by law
provide and this corporation shall have
1 the power TO increase or decrease it's cap
J ital stock as hrreinbefOrc set out and any
iuCr"aS" in capital stock in excess Of IN,
amount named herein as the amount ~
which II may be increased may be made
/ by throc-fourth> vote Of all outstanding
| stock.
| ARTICLE IN Notice OF any and an
! 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. liqui-
| daton or termination of this charter. the
affairs of this corporation shall be Iiqli-
dated by two hquidators one elected 10y
the holders of Class a. stock and one
elected by the holders of Glass Fl" stock
elected at stockholders meeting con
yenrd for that purpose, or at regular an
nual meeting Of the stockholders. If
either class of stock fails or refuses TO
elect a liquidatOr, then the other class
may elect both liqudators. The stock
holders may vest said lquidatOrs with
such authority as may be by law permit
ted and fix the terms and conditions on
which they shall serve and their Compen-
SatlOn. In the event of death. disability
or resignation of either OF said liquidators
the holders of Glass a and Class "R'
stock shall fill the vacancy depending on
whether the liquidatOr was appointed by
class a or Class "B" stock. and upon
failure or refusal so to do. the other Hqui-
datOr may act with such power and au-
thOrity - was vested in the other two
liquidatOrS. This corporation may be al
any time lquidated by twO-thirds vote
of all outstanding stock in favor of hqui-
dation. This corporation further may be
hquidated upon the vote of all of the
holders Of either Glass "A" or Glass "B'
stock, provided such stockholders shall
give written notice to the Board of Ri
rectors at least thirty days prior to the
date of the annual meeting of stockholders
that II is the desire and intention of all
holders Of either Glass or Glass II stock
10 bring about liquidation Of the affairs
Of the corporation.
ARTICLE Mo stakeholder Of this
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 informally in organ
iZatiOn have the effect of rendering this
charter null and void, or Of exposing a
stakeholder to any liability beyond the
unpaid balance due on the stock held by
him.
ARTICLE NI.-The subscribers hereto
have written opposite their names the
number of shares subscribed TO by each
OF them, and their pOStoffiCe addresses 50
that this charter may serve as the sub
Scription list of the corporation: all Of
which subscriptions are payable in the
manner and form set out herein.
Thus done and passed in my office at
the City of New Orleans, Louisiana, on the
day. month and year herein first above
written. in the presence of Paul f.. Chase
and Walter ReNertiga. competent witnesses. |
who have signed these presents together !
with said appearerS and me, Notary, after |
reading Of the whole.
tNameS of subscribers omitted)
Witnesses: Paul f. Chascz, Walter /
Reyertiga.
HERMAN l.. BARNETT.
Notary Public.
Recorded in VI. o. T.. 1246FoilO -.
\ true copy. tSeal)
HERMAN l.. BARNETT.
Notary Public.
Sept 30 Nov. 4.