The herald. [volume] (New Orleans, La.) 1905-1953, 1920-08-19
CHARTER.

of this corporation shall be vested in and
be exercised by Board of Directors, to
be composed of five (5) holders of com
mon stock. to be elected annually on IN"
first Monday in January of each year
hereafter or until their successors ar"
elected and qualified. All such elections
shall be held by ballot and conducted at
the office of the said corporation under
such rules and regulations As may bc here
after adopted. At all such elections every
holder of common stock shall be entitled
to one vote for each share of common
stock standing in his name on the books
of the corporation. to be east in person or
by his written proxy, ana the majority of
the votes east shall elect. failure 10
elect Directors on the date specified shall
not dissolve this corporation nor impair
its corporate management but the birrc-
tors then in office shall remain in uitir"
until their Successors are elected and Uual
flied. Three Directors shall constitute
quorum and shall he necessary to author
iZe any act TO bc binding upon this com
panN. Any vacancy occurring among IN"
Officers or Directors, by death. TcSlgna-
ton or otherwise shall bc filled by ,l"c-
ton for the remainder Of the term by
majority of the Board present or repre-
scented. Every Board Of Directors may
elect from their own number President,
Vice President. Secretary. Assistant Sea
rotary. Treasurer and General Manager.
The Board of Directors may from time 10
time name and appoint all such other Off
GERS and agents as the business of the cor
pOrariOn may require. IL shall have power
to fix and define tn" duties and salaries
of every officer and employee. and all
officers and employees shall hold Ofilc"
aud employment at the pleasure of the
Board.
And ut such meeting it was unanimous
ly resolved that Article VI of the charter
of the corporation be amended as to
read as follows.
ARTICLE Whenever this corpora
tiou may he dissolved. either by limitation
or from any other cause, its affairs shall
hs i'm a Tod roo sip "a
b" appointed from amongst the holders
of common stock at a general meeting OF
the holders of common stock convened for
such purpose. of which meeting notice
provided for stockholders meetings 10y
Article VII Of this charter. and majority
in amount Of the common stock of said
company, represented at such meeting.
shall be requisite to elect. said commits
SioncrS shall remain in office until the af-
fairs of said corporation shall be fully
iquidated. In case OF the death of one
or more of said commissioners. the va
cancy shall be filled by election by the
surviving commissioners.
That at such meeting il was unanimous
ly resolved that Article VII of the charter
of the corporation he amended 80 as to
read as follows.
ARTICLE VII.-The act Of incorpOra-
tiOn may be modified, changed or altered.
or said corporation may be dissolved with
the assent OF three fOurths OF the common
stock represented at Il general meeting of
the holders of common stock convened for
such purpose and after notice shall have
been given in one or more newspapers
published in the Parish of Orleans once a
week for four weeks preceding the meet
ing and by a written notice to each holder
of common stock, mailed to him thirty
600 days prior to the date of meeting. at
the pOstOffice address designated my him
in writing.
And said appearer further declared that
he is authorized, empowered and directed
to sign and execute all requisite and ncces-
sary acts and proceedings to carry out
and to effect the said amendments. and
that he does now appear before me. No
tary. IN order TO make proper nOtarial rec
ord of said amendments and to have same
recorded as required by law. All of which
will more fully appear by reference to a
certified copy of the minutes of said
stockholders meeting. attached for refer
cnce to this act of amendment.
Thus done and passed, in my office. at
the City Of New Orleans, State of Louis
lana. on the day month and year herein
first above written. and in the presence
of Edwin T. Merrick and VIM. Mason
smith. Jr, competent witnesses, who have
hercuntO signed their names together with
the said appearcrS and me, Notary, after
due reading Of the whole
Witnesses: Edwin r. Mcrrick. VIM. Ma
son Smith Jr
Original SignedD A. u. Geoghegan
WILLIAM J. GUSTE, Not. Pub.
\ true copy.
WILLIAM J. GUSTE. Not. Pub.
|. the undersigned. Recorder of Mort
cages in and for the Parish of Orleans.
State of Louisiana. do hereby certify that
the act Of amendment of the Southport
MIL. Ltd. was this day duly recorded in
my office. in Book 1916 Folio 1O3.
New Orleans. July 20. 1920
(Signedl EMILE J. LEONARD. by. r.