The herald. [volume] (New Orleans, La.) 1905-1953, 1920-03-25
CHARTER.

on a legal holiday and in that event on
tbe 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 eIecteu
and qualified.
\ failure to elect directors on the day
above specified shall not dissolve inns
CORPORATION. but the directors then i'll 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 thereon or IN the
event or failure 10 specify SAID date upon
the call of the president, Vlce-presldeht
| or secretary.
! Until the first annual election for di-
| rectors to be held under this charter or
| until their duly qualified successors are
elected 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 2605 St. Charles av-
| enuc New Orleans, La, Leo e. Browne,
500 Whitney Bldg, New Orleans La,
Harrison f.. Winston, 1872 Pine street,
New Orleans, La.
| At the first meeting of each board of
directors they shall elect from among
their number president, one or more
| vice presidents and 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 at any time de-
| crease the membership to not less than
| three CD.
| majority Of the mAmbers 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 at pleasure, appoint and fix salaries
| of officers, clerks and employees, the same
| to change and dismiss at their pleasure
| fix salaries for officers provided for
| herein. sell, convey, mortgage, pledge,
| lease and purchase property. movable,
| immOvable 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 management 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 be 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 NlII.-ThiS charter may be
modified and the capital stock of this
corporation may be increased or decreased
or this corporation may be dissolved and
its affairs liQuidatcd after due notice in
| the manner provided by law. But any
md all tintr nf ~
for the purpose of liquidation or for any
other purpose may he 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 a special meeting of the stock
holders of this corporation.
ARTICLE Mo 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 10
this corporation on the shares owned or
| subscribed by him, nor shall any mere in
formality 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.
! mus done ana passed III my OIllCe at
the city of New Orleans. on the day. month
and year hereinbefOre first written in
the presence of Messrs.A Louis A. HUI
bert and Edmund X. Mabry competent
| witnesses. who have hereunt0 signed these
presents. together with the said appearers
and me- notary, after due reading of the
whole.
COriginaI signed):
| Joseph =. Henican, 1905 st. Charles
avenue 80 preferred stock.
| Harrison l.. Winston, 1912 Pine street
30 preferred stock.
Leo G. Browne, 600 whitney Bldg, SOC
! common stock.
| Witnesses:
L. A. Hubert.
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 1888, folio
800. New Orleans, La, March 4. 1920
(Signed) EMILE J. LEONARD, ID. r.
| I. the undersigned notary public, In
and for the parish of Orleans. do hereby
| certify that the above and foregoing is
a true and correct copy of the original
| act of incorporation of Browne. Winston
& Company. Incorporated" and of the GER
tificate of the recorder of mortgages for
this parish thereuntO appended, and of
| record in my office.
In faith whereof. I have hereunto set
my hand and official seal this Bird day
of March, 1920.
W. Mel. FAYSSOUX.
Notary Public.