The herald. [volume] (New Orleans, La.) 1905-1953, 1920-04-08
CHARTER.

on legal holiday and IN that event on
the next succeeding day which is not
LEGAL holiday and shall hold office dur
ing the ensuing calendar year or until
their SUCCESSORS have been duly elected
and qualified.
\ failure TO elect directors on the day
above specified shall not dissolve TINS
corporation. but the directors then in 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 time
to time by the members thereof or IN the
event or failure to specify said date, upon
the call OF the president, Eice-preSident
or secretary.
Until the first annual election for di-
rectOrs to be held under this charter or
until their duly qualified successors are
nle,.ted and installed, the board Of direc-
tors of this corporation subject TO in
crease as hereinafter provided, shall be
composed of the following persons:
Joseph Z. Henican. 26OJ ST. Charles av
rnuc, New Orleans, La. Leo {. Browne,
800 Whitney Bldg. New Orleans La,
Harrison l.. Winston, 1912 Pine street,
New Orleans, La.
At the first meeting Of each board of
directors they shall elect from among
their number a president, one or more
vice presidents and a secretary and
treasurer and may combine any one or
more of said offices
Said board of directors shall have full
power and authority TO fill all vacancies
which may incur in the membership and
to increase the boards membership at
any time or times up TO the maximum
herein provided and may ut any time de-
crease the membership TO not less than
three 90.
\ majority of the members at any time
in office shall constitute 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 mt pleasure. appoint and fix salaries
10 change and dismiss at their pleasure:
fix salaries for Officers provided for
herein. sell convey, mortgage, pledge,
lease and purchase property, movable.
immoyable and personal, borrow money,
issue notes and bonds. lend money, make
contracts and sign and cause to be signed
all necessary acts, deeds etc. TO take
judicial proceedings in the name and on
behalf of this corporation and generally
to do all things necessary to be done in
the mana cement of said business and may
be directed by the laws applying to cor
pOratiOns and declare dividends.
That all annual meetings or meetings Of
the stockholders shall he held at the of
flee of the corporation after notice there
of being deposited in the pOstOffice prop
| erly addressed to each stakeholder at his
| last known address at least fifteen (l5)
days before such meeting.
| ARTICLE NIII.-ThiS charter may be
modified and the capital stock OF this
| corporation may he increased or decreased
/ or this corporation may be dissolved and
| its affairs liqudated after due notice in
| the manner provided by law. But any
| and all meetings of stockholders, whether
for the purpose of liquidation or for any
| other purpose may be held at any time
| without notice by the unanimous consent
of all stockholders in writing filed with
| the secretary.
| ARTICLE IN.-The 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 No stakeholder shall ever
| be liable or responsible for the contracts
| or faults of this corporation in any fur
! Their sum than the unpaid balance due to
| this corporation on the shares owned or
| subscribed by him, nor shall any mere in
! fornality in the organization have the
| effect of rendering this charter null.
or of exposing the stakeholder to any Ii
| ability.
This charter shall serve as the original
| subscription list and the subscribers have
| set opposite their names the number of
| shares of stock subscribed for by them.
J Thus done and passed in my office at
| the city of New Orleans, on the day. month
| and year hereinbefOre first written in
the presence of Messrs. Louis A. HUI
bert and Edmund X. Mabry competent
! witnesses, who have hereuntO signed these
| presents, together with the said appearers
and me, notary, after due reading of the
| whole.
Original signedD:
Joseph p. Henican, 2605 st. Charles
| avenue 80 preferred stock.
| Harrison l.. Winston, 1912 Pine street
30 preferred stock.
Leo c. Browne, 900 whitney Bldg, SOC
common stock.
! Witnesses:
l.. A. Hubert.
| +. X. Mabry.
W. Mel. FAYSSOUX.
Notary Public.
| I. the undersigned, Deputy Recorder OF
Mortgages, in and for the Parish of Or
leans, State of Louisiana, do hereby certi-
fy that the above and foregoing act OF
incorporation of Browne, Winston &
| Company Incorporated" was this day
duly recorded in the mortgage office OF
the parish of Orleans, in book 1898, folio
...... New Orleans, La, March 4, 1920
/ (Signed): EMILE J. LEONARD, u. r.
| I. the undersigned notary public, In
certify that the above and foregoing /;
a true and correct copy OF the origina
act of Incorporation of Browne. Winston
& Company. Incorporated" and of the GER
tificate of the recorder of mortgages fol-
this parish thereunto appended, and o.
record in my office.
In faith whereof. I have hereunto Sc
my hand and official seal this 3rd da,
of March, 1920.
w Mel. FAYSSOUX.
Notary Public.