The herald. [volume] (New Orleans, La.) 1905-1953, 1920-01-29
CHARTERS.


books of this corporation at his last desig-
mated address, or care general delivery at
New Orleans, IL he has not designated an
address, notice stating the time anu
place of the meeting. Each shareholder
shall be entitled to one vote for each snare
of common stock of this corporation,
standing in his name on the books OF TINS
corporation to be cast in person or by
proxy, and a majority Of the votes cast
snail elect. Failure to elect directors on the
day above specified shall not dissolve tnls
corporation, but the directors then In once
shall remain in office until their successors
are elected and qualified. Due notice OF
another election shall forthwith be given
as above provided for, and such notices OF
election shall be continued to be given
until an election is had.
ARTICLE VI.-At its first meeting, each
board of directors shall elect from It's
| membership a president and one or more
vice presidents who, without numeral
designation shall rank IN the order III
which they are elected; IL shall also APP
point a secretary and treasurer, neither
of whom need be either stockholder or
director, but may be either stockholder or
director or other officer, ana IL may, II
IL see fit appoint one person to be secre-
tary and treasurer, and shall, from time
! to time as it sees tit, appoint or employ
| such other employees rs IL snail deem htCts-
| sary, and they shall all hold once at Ihe
pleasure of the board or directors. Inc
hoard of directors shall have full power
and authority to fix the salaries OF all
officers and Of all such other employees as
il may deem necessary, and 10 make anu
establish, as well as to alter and amend
ALI bylaws rules and regulations neces-
sary and proper for the conduct ana man
agement of the business and af1airs OF
this corporation not inconsistent with TINS
charter; it shall also have fuli power anu
authority to do all acts and things reason
ably necessary for the proper carrying on
of the business of this corporation, ana
to carry out the objects and purposes Tor
which this corporation is organized, IN
Guiding the borrowing of money necessary
for the ordinary business operations or
this corporation, and through the presl-
dent or some other duly authorized per-
son or persons to execute and issue there-
for notes or other obligations of this cor
poration on such terms as in its Judg-
ment may be advantageous; II shal also
have full power and authority to issue
and deliver full paid shares OF stock OF
this corporation for money, labor, services,
property or rights actually received by
this corporation, and to fill all vacancies
that may occur in its membership.
majority of the directors present either
in person or by proxy shall constitute
quorum for the transaction of any busl-
ness, and at any meeting OF the BOARD
any director absent therefrom may be
represented by proxy.
ARTICLE VII.-Until the first annual
election for directors to be held under
this charter, or until their duly qualihed
successors are elected and Installed the
board of directors Of this corporation shall
he composed of Messrs. Charles God
chaux. Harris Hyman and Gus Mayer, the
postoffice address of all Of them being
New Orleans, La.
ARTICLE vIII.-This charter may be
amended and the capital stock of this
corporation may be increased or decreased,
or this corporation may be dissolved and
its affairs liquidated In the method ana
manner provided by law as now or here
ARTICLE IX.-No stakeholder of this
corporation shall ever be held liable or
respon sible for the contracts or faults or
his corporation in any further sum than
the unpaid balance on the stock for which
he has subscribed nor shall any mere In.
| formality in organization have the erect
/ of rendering this charter null or OF ex-
posing a stakeholder to any liability other
| than as above provided.
| ARTICLE X.-No mortgage shall ever
be granted by this corporation nor shall
any of its real estate be sold or otherwise
/ disposed Of unless the consent In writing
of The holders of two-thirds (2-3l OF the
outstanding preferred stock be first OBJ
Thus done and passed, in duplicate in
my office at the City of New orleans,
above written in the presence OF Irving
r. Saal and r. J. Legardeur. competent
witnesses who hereunto sign their names
with said appearers and me, Notary, after
Original Signed)
CHARLES GODCHAUX,
New Orleans, La, 2010 shares pref.
500 shares common
HARRIS HYMAN,
New Orleans, La, 2010 shares pref.
500 shares common
GUS MAYER,
New Orleans, La, 2O10 shares pref.
500 shares common
Witnesses
/. X. Saal.
II. J. Legardeur.
r. Fl. SAAL.
Notary Public.
/ hereby certify the above and forego-
ing to be a true and correct copy of the
original
New Orleans, La, January A. 1920.
X. II. SAAII.
Notary Public.
I, 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 Incorpora-
ton, Of the Carondelet Building. Inc, was
this day duly recorded In my Office. in
Dook 1928. Folio PA.
New Orleans, January g. 1920.
(Signed) EMILE J. LEONARD.
(SeaD by.
Jan. 22-Feb. 20.