The herald. [volume] (New Orleans, La.) 1905-1953, 1920-09-02
CHARTER.

the welfare of same. The said Board of
Directors shall have the further power to
make, alter and annul such bylaws, rules
and regulations for the government of the
corporation as they may think proper.
They shall appoint all agents, clerks or
employees; fix their salaries and compcn-
satiOn, with term of office, with the right
to dismiss them at pleasure; and the said
Board shall have the further right to fix
and determine the salaries of the several
officers herein provided for.
Any vacancy occurring in the Board of
Directors, either by death, resignation or
otherwise, shall be filled by the remain
ing members of said Board for the I'M
expired term, at any meeting of said
Board of Directors.
Article VI The first Board of Directors
shall be composed of \. IL. Stebbins whose
pOstOffCe address is 1928 East Goth ST..
Chicago, Illinois; W. J. Henderson, whose
postoffce address is No. SO Howard ave.
New Orleans La; aud Jos. y. Stebbins,
whose pOstOffice address is No SIG How
ard ave, New Orleans, La, with the fol
lowing officers, who shall serve until the
first annual meeting of this corporation. As
hereinafter set forth, and until their sue
cessorS shall have been duly elected, quail
fled and installed; Jos. " StebbinS PrrSi-
dent; c. NJ Mcmillan. Vice President: W.
j. Henderson, Secretary and y. ii. Steb-
bins, Treasurer.
Said Board of Directors shall serve until
the first meeting of the stockholders for
the election of Directors, or until their
successors are duly elected, qualified and
installed.
Article VII. On the first Tuesday in
February, 1921, and annually thereafter on
the first Tuesday in February of each year,
meeting of the stockholders of the cor
poratiOn shall be held at its dOmicile for
the purpose of electing Directors for the
ensuing year, and ut such meeting the
stockholders shall have the right of cumu-
| lative voting in the election of Directors
! and at said meeting said stockholders
! shall elect said Directors. 4 failure for
any cause whatsoever to hold the annual
meeting of the stockholders, or the failur,
! to elect Directors thcreat shall not dissolve
/ the corporation, but the Directors and
| officers then in office shall remain in
! office until their Successors shall have
/ been duly elected, qualified and installed.
| Article VIII. This charter may b,
| amended and the capital stock of this cor.
| poratiOn may be increased or decreased
| or this corporation may be dissolved il
/ the method and manner provided by law
Article IN. No stakeholder of this cor
pOratiOn shall ever be held liable or re
! spOnSihle for the contracts or faults Oi
/ this corporation in any further sum thar
! the unpaid balance of stock for which h'
| has subscribed, nor shall any mere in
| fOrmality in organization have the cffccl
/ of rendering this charter null or OF eN
| posing stockholders to any liability Other
/ than as above provided.
Thus done and passed in my office al
| the City of New Orleans Louisiana OF
y
I written. in the presence of Edward /.
| Szabary and Roberts &. Milling, competent
| witnesses, who hereunto sign their name,
| with said appearerS and me. Notary, aftrl
! due reading of the whole.
Name, POstOftce address and number :"
/ shares subscribed: j. y. Stebbins, 81,
/ Howard ave, New Orleans, La, shares
/ \. II. Stebbins, per J. y. Stebbins lI2'
/ East Goth ST., Chicago, Illinois, 20 shares
! W. j. Henderson, SIG Howard ave, New
| Orleans, La, l share.
! Witnesses: +. l.. SZabary, Il. e. Milling
/ Il. II. Saal. Notary Public.
! l, the undersigned Recorder of Mort
| cages, in and for the Parish of Orleans
! State of Louisiana, do hereby certify tha
/ the above and foregoing Act of IncOrpOr
| alton, of The Stebbins Co, Inc, was this
| day duly recorded in my office. in BOOl
| 1912, folio CAS-, New Orleans, July 9th
| 1920. (Signed) Emile J. Leonard, by
| Rec. A true copy. New Orleans, La.
August 3rd, 1920. Il. II. Saal Notary Pub
| lie.
Aug. 5-Sept o.