The herald., 1920-10-28
CHARTER.


or Directors 80 elected to hold Office un
til the next annual stockholders meeting
but should il be impossible from any
cause for any vacancy or vacancies in the
Board of Directors to be filled by the hi
rcCtUrS, such vacancy or vacancies may b'
hllrd by the stockholders at any m"rtiug
called for that purpose by the President
| Any and all Directors meetings. the no
ticcS for which are not herein specifically
| provided for, may be called by any off
Ger Of this corporation upon ten days no
ticc 10y mail. ANY Director shall hay" the
| right to authOriI" and appoint any >har"
! holder to vote for him az any and al
| Directors meetings and such proxy shall
/ have and exercise all of the powers al
/ such Director appointing him. Whenever
| il il provided in this act that either III
| rrrtorS' or stockholders meetings may be
! held after certain prescribed notices a.
/ the Directors or tOrkhOldrr~. il l. nm
dcrStood and agreed that any and all III
1 r,,turS and stockholders mcotiuE- may
/ ho held without notice. whenever lawful
provided all Directors or stockholders. as
| the cas-" may be, waiv" notice In writing
| or are present In person or 10y proxy 40
| such meeting or meetings. The BOARD
/ Directors shall have fun control Of 10,
property Of this corporation and shall con
duet. manage and use Ia" sam" as ia their
/ q discretion they deem best. and that - con
Nistcut with the objects Of the company
and its welfare. and they shall have power
( to make. alter and anuul such 10y laws.
I rules and regulations HS they may think
! proper. They shall have the further right
and power To appoint such agents clerks
and EMPLOYEES as they deem best aud Ia
I tiN their salaries. terms Of Office aud th,
/ right 10 dismiss them ut said BOARD -
pleasure. and said Board shall have the
further right To determine and fN sal
aries if any Of the several officers herein
provided for
ARTICLE VI-The first Board 81 Dire
tors and officers who shall serve until Ia"
WnpJnv i'm 0rIoh,r Io5I mr. uptT tI,ir
,ur,...ors ~. All. ,I..td ..rJ ,,,,li,i.,l
shall leo. Jos.nb " Corrv TI.nr.n ma,
Ny Orleans who shall a., pr,.id.r,. a.
, DurtIin TutI.r Snrin,s Al, ,,h, mn
lac Viz. President. =, Nth. H.pp.u
EId,, Nr,y Orleans ,,h, sL,u Ia. SER.
r,r, Tr.osur,-. 4 Tupy.L.,,,- U.,,..,,
ma, \n,y orI,,r.- IL CORY MnTfI.
Ala
-, .. $500.
NJ, l II Lf. vi ms 'har''r may De al
/ .tL'" OF "n'hu'" H"d 'niN 'orp"tailnh
| ny w u'INuilr" ny VIZ VI Nv" '"'Tu>
vi an "uI >lanuIhI NI"'A III .irih- OF
,"t s"'IIH"lH'rN uulI ,".N'h'd LOT that
!'' - ~ NV H'".H VI iIT'''"TN OF 10y
'"' T'>li'H' upon the written request "t
no, "N> MAN twenty HNr per cent OF Ia"
outstanding sl"'h. after hIt'th GAYS no
il,' m".lI4 l." T".h >""T'n"id'r Ia>l
hu""n ""uI'>>- iun IN. ,'PI,"I >'"'H OF
NJ '"IP"'1ll"n >n"'I Ho' "' Increased j.
~ ~. " 1.'.' u'''", W. !" ia "''"un' '>> man
80" W iH4' 9''"I U.s. anu u" ",'''HH
",'I' HnHI "' x'I re 'u|n-In- th' "nJ"'tS
anu r"' IN y, .1lG ,"i '''''Ip" Nl,""p,
" N"'r "I al oIi s''nIlhE >i"'R' ana the
.aFHaL Nl",N Shail nov Ice increased hey"
.L' ii''T"u' 'Il- ..'i"l u",''u ~ 'h' sum
=" ~, " NV "Pt'ai may ne lH'r'dSr1' 'N-
,l,iH, q - u.t LoD' us "a an "IL
N'"HH'"- N'"rh. " .'HtN'r IN th" jung
l i'I %' lnr h1ard OF l'lr%Eors IL NhaIl b"
IN "t'iN,"'v ,i"' '"IS ,",FoTdIioH
- " ut,>o', ,"' lnr E"'Tu S"aH Mltnlh
n"s - nv "uo'iI"m 81 r'S"Iu,loh
nj any,, -, = 'l."y"ili % nv "ho'
49, oS hi!b ,,G ~ III thHI pu,
Ep"n'' VI "nUH nl'TliHS taCh director shaI
- 49," a.. 80 .H't' H"H H"Il'''
ITtinr -, n. r,oit,i i to" VI ~, Il -
ta,.,,h ~ m'"i,H i" 'd'h NI"'Nhoiurr'
,rortLoId.rS 70 Day h,Tt .,'o, yil % .h'
.,,.G " w. n'lu "' ne oHI,' OF Ih'
, 30 a. IN ~ Il" az W." rH' rtN"iul"h 80
So; iI"iI' ! Nv ~ hIIoii'T>
H. 81 p-t ~ .'ln a.. any Hour hN'u
t,,..,.,, -, -, y" "a ""' H''H'io!'u' p'-
g., w luis " ~ a. H. anu p H.
w. nv VI 'W.ihE upon Su'h pro
I,'ItIi "'n'H'I an OF IN"
disSniutior no ,,'..,,in,, ~ q" " it14"S i" =
Shall ne n.caSs,r ','''"S VI ""'''e 'h'r"oi
ARTICIE viii -Wbanav.r ,his .o-,o-
otinn j. dissoI,,ai ~, ,nIS 'o.p
wise, its affairs Shall he I"mida,od unda,
the supervision of three liquidators. elect
an 80, ny , ,h~ S,oGhh%idrrS ana chosen from
shall d. .I,ctaJ ~ n ,,,...,;,,,. - -
6 5oii, n' rirCltu al h"tuhg OF the share
~, -, nv I"eu IUI Una, purpose under
IL ~ ~" anu ''"u''lohs ol Arllcl' VII OF
,pTiTtI, " -
o,',r' ~. III. 40 Sl3ckhoidrr OF this
Sponsibie for tho contracts mr FarIts 20
this CORPORATION in any furtbor s%r, ;,
the unpaid balance duc on Sha 90 s ,,lar |
owned NV him nor shall on,. in to-r' 70
in organization have the affact az -nndd-S
To-, -. 49,, Wv tie't oI rehu"r-
70 any IiabiIi,v ho,,oTj ' a.!
unpaid balance due on his stool no. sbarI
anr info-moIitr w "a ; lie SIU,A' nor ShaII
ization bo,.a IL -, Nui'I i,l III Kan
liable os a nS az rSnueFins any
thus doro "a a I"i 'IeI.