The herald. [volume] (New Orleans, La.) 1905-1953, 1920-09-02
CHARTER

Special meetings of the shareholders OF
common stock may be held when ordered
by the Board of Directors and must be
held upon the request of not less than
twenty five (25) per cent OF the Outstand-
ing common stock after fifteen days writ
ten notice to each stakeholder stating the
object or objects of said meeting. Any
vacancy occurring on any Board of Di-
rectors shall be filled by the remaining
members of said board for the uneNpired
term at a meeting called for that pur-
pose after ten days prior written notice.
the director or directors so elected 10 hold
office until the next annual stockholders
meeting and should ii be impossible for
any cause for any vacancy or vacancies in
the Board of Directors to be filled by the
directors, such vacancy or vacancies may
be- filled by the stockholders at any meet
ing called for that purpose by the PreSi-
dent Any and all directors meetings.
the notices for which are not herein spe-
cihcally provided for, may be called by any
officer of this corporation upon ten days
notice by mail.
Whenever il is provided in this Act that
either directors or stockholders meetings
may be held after certain prescribed notice
To the directors or stockholders, II is
understood and agreed that any and all
directors and stockholders meetings may
be held without notice whenever lawful
provided all directors or stockholders as
the ease may be. waive notice in writing
or are present in person or by proxy AT
such meeting or meetings.
The Board of Directors shall have full
control of the property of this corpora
tiOn and shall conduct, manage and Us"
the same as in their discretion they deem
best and as is consistent with the objects
of the company and its welfare and they
shall have power to make. alter and annul
such bylaws. rules and regulations as they
may think proper They have the further
right and power to appoint agents. clerks
and employees as they deem best and To
fix their salaries, terms Of Office and the
right To dismiss them at such board
pleasure. the further right to determine
and hN the salaries Of the several officers
herein provided for shall be- reserved TO
the stockholders.
The first Hoard of Directors and officers
who shall serve until the next annual
meeting 10 be held on the first Tuesday in
April. 1921. or until their Successors are
duly elected and qualified shall be: Alfred
r Pattison. 200 Coliseum St. New Or
leans La. who shall be President Emmett
ParhrrSon. 1928 Pitt ST. New Orleans. La.
who shall be Vice President Charles T..
PattiSOn. 40 Pine St. New Orleans. La.
whs shall be Secretary Treasurer.
ARTICLE NI.-ThiS Charter may be al
tered or amended and this corporation
may be dissolved by vote of twO-thirdS
in amount "f all outstanding common
stock at u meeting of the shareholders of
such stock. duly convened for that pur-
pose by the Board of Directors or by the
President upon the written request of not
less than twenty -nNe (-5b per cent or the
outstanding common stock after fifteen
days notice mailed to each stockholders
last known address.
But the capital stock of this corporation
shall not be decreased to an amount less
than corporate Indebtedness and no amend
ment shall be made changing the objects
and purposes of this corporation with
out a vote of all outstanding common
stock and the capital stock shall not be-
increased beyond the amount original
NJ nod ~ n W no f.4'
may be increased except by vOt"
three-fourthS of all outstanding common
stock.
when in the judgment of the Board
of Directors ii shall be deemeSt adviSahl
that this corporation shall be dissolved.
the board shall within ten days after
adoption Of a resolution to that effect by
a majority of the whole board at any
meeting called for that purpose. Of which
meeting each director shall have received
ut least three days notice. cause notice
of the adoption of such resolution to be
mailed to each holder of common stock
together with a notice of a meeting of the
holders of common stock to be held at the
Office of the corporation to act upon the
resolution so adopted by the Board. Such
stockholders meeting shall be held at any
hour fixed by the board on the day men
toned between the hours of 10 a. m. and |
) p. m. for the purpose of voting upon such |
proposed dissolution.
Whenever all of the holders of com |
mon stock shall consent in writing to a
dissolution, no meeting or notice thereof |
shall be necessary.
Whenever this corporation is dissolved |
by limitation or otherwise. its affairs shall |
be liquidated by and under the super |
vision of three liquidatOrs elected by the |
holders of common stock and chosen from |
among such stockholders. which liquida- |
tors shall be elected at a meeting of the |
of common. stock convened |
for that purpose under the terms of the |
article
Thus done and signed at my office. in
he city Of New Orleans on August |
twenty third. 1920 in the presence of VIM.
J. Hopper and Jeanne Hatrel competent |
witnesses and residents of the city OF
New Orleans. who have hereunto affixed
heir signatures together with those OF
'aid appearers and me. Notary, after a
iue reading of the whole. (Original sign
ID: A. T. PattisOn, President; Chas. +.
PattisOn. Secty-Treasurer.
Witnesses-Wm. J. Hopper. J. Hatrel
l. the undersigned Recorder of Mort
RACES in and for the Parish of Orleans.
state of Louisiana, do hereby certify that
he above and foregoing Act of Incorpora-
ion. of the Amendment PattisOn & Co.
Limited. was this day duly recorded in
ny Office. in book 1916. folio 1876. New
orleans. August 24th 1920 (Signed) Emile
7. Leonard. by. X. A true copy:
FELIX J. PUG, Notary Public.
sept. 2-Oct Z.