The herald., 1920-08-26
CHARTER.

| the welfare Of same. The said Board OF
Directors shall have the further power to
make, alter and annul such bylaws, rules
and regulations for the government Of the
corporation as they may think proper
| They shall appoint all agents, clerks or
employees; fix their salaries and compen-
sation, with term Of office, with the right
to dismiss them at pleasure; and the said
Board shall have the further right to fix
and determine the salaries OF the several
officers herein provided for.
ANY vacancy occurring in the Board OF
Directors, either by death, resignation or
otherwise, shall be filled by the remain
ing members of said Board for the un-
expired term, at any meeting OF said
Board of Directors.
Article VI. The first Board Of Directors
shall be composed of A. II. Stebbins. whose
pOstOffice address Is 1i2S East 6gth st.
Chicago, Illinois; W. J. Henderson, whose
postOftce address Is No. Sl6 Howard ave.
New Orleans La; and Jos. y. Stebbins,
whose postoffice address is No. SIG How
ard ave, New Orleans, La, with the fol-
lowing officers, Who shall serve until the
first annual meeting of this corporation. as
hereinafter set forth, and until their sue
cessors shall have been duly elected quail
fed and installed: Jos. n. Stebbins Presi-
dent; e. NJ. Mcmillan. Vice President; w
]. Henderson, Secretary and \. ii. Steb-
bins. Treasurer.
Said Board of Directors shall serve until
the first meeting of the stockholders for
the election Of Directors, or until their
successors are duly elected, qualified and
installed.
Article VII. On the first Tuesday In
February, 1921 and annually thereafter on
the first Tuesday in February of each year,
a meeting of the stockholders Of the cor
pOration shall be held at its domicile for
the purpose Of electing Directors for the
ensuing year, and at such meeting the
stockholders shall have the right of cumu-
lative voting in the election of Directors,
and at said meeting said stockholders
shall elect said Directors. A failure for
any cause whatsoever TO hold the annual
meeting of the stockholders, or the failure
to elect Directors thcreat shall not dissolve
the corporation, but the Directors and
officers then in office shall remain in
office until their successors shall have
been duly elected, qualified aud installed.
Article VIII. This charter may be
amended and the capital stock of this cor
pOratiOn may be increased or decreased
or this corporation may be dissolved in
the method and manner provided by law.
Article IN. No stakeholder of this cor
pOratiOn shall ever be held liable or re
spOnsible for the contracts or faults of
this corporation in any further sum than
the unpaid balance of stock for which he
has subscribed, nor shall any mere in
formality in organization have the effect
of rendering this charter null or of eN-
posing stockholders to any liability other
than as above provided.
Thus done and passed in my office at
the City of New Orleans. Louisiana, on
the day, month and year first hcreinabOve
written, in the presence of Edward J..
SZabary and Roberts e. Milling, competent
witnesses, who heseuntO sign their names
with said appearerS and me, Notary, after
due reading Of the whole.
Name, POstOffice address and number OF
shares subscribed: ]. y. Stebbins. SID
Howard ave: New Orleans, La, shares
\. Ii. Stebbins, per J. n. Stebbins. l42S
East Goth ST., Chicago, Illinois, 20 shares
W. J. Henderson, SIG Howard ave, New
Orleans, La, l share.
Witnesses: T. l.. Szabary, Il. c. Milling
r. Ii. Saal, Notary Public
1, the undersigned Recorder of Mort
cages, in and for the Parish Of Orleans.
State of Louisiana, do hereby certify that
the above and foregoing Act of Incorpor-
alton, of The Stebbins Co, Inc, was this
day duly recorded in my office. in Book
1912, folio 6IS, New Orleans, July 9th,
1920. (Signed) Emile J. Leonard, by.
Rec. A true COPY. New Orleans, La,
August 3rd, 1920. X. II. Saal, Notary Pub
lie.
Aup 5-Sept O.