The herald. [volume] (New Orleans, La.) 1905-1953, 1920-04-08
CHARTER.


parts and accessories and supplies therefor
and appurtenanCes thereto, including trail
erS, tractors. and similar equipment for
its own account and as agent for Others;
to operate automobile carriages and TO
manufacture and assemble machinery of
all kinds. automobiles. together with parts
thereof. and supplies, accessories and ap.
puTtenan"eS therefor, to own, operate. re-
pair. lease. store. and deal in auto trucks
farm trucks and self propelled farm i'm
plemrnts of all character. including road
building machinery, to build. Op-rIt" and
contract for roads OF all kinds. TO do
general engineering and efficiency expert
and contracting and construction business
and 10 engaE" III All businesses incidental
10 ia" purposes stated.
ARTICLE IN.-Thc capital stock of this
corporation j. hereby fixed at six thOu>-
md dollars (SG00OoW. divided into auJ
rprr>rnted Ey sixty tGub shares of the par
value Of one hundred dollars tSIrOUOt rarl.
which shall De paid for in cash. or may
h" issued. AT not less than par. for prop
crtE actually received or services actually
rendered 10 the corporation. This rapital
stock may b" increased to the sum of one
hundred thousand dollars lSluU.Opp Uul. All
stock shall Pc traH>irruhl" only upon the
books OF the Company and in accordance
with its bylaws and regulations
ARTICLE V..NII N" powers of thi, cor
p"ratioH shall b" vested In and exercised
| toy "a board composed OF three C:l dirrr.
l tor>. who shall elect from their number
| q President, q Tr"atUrrr. q Vice President
| and Secretary. Tn" said Board of III
! r"'tors shall! b" elected annually on IA"
] Hr>t Monday in January OF each year. the
! first election to b" held in the y".r 1907
/ III such elections shall d" by ballot. al "a,
! "nlr" of the corporation. Notice OF am.
| nuHl meetings. % we'll as Of special meet
!hG> OF stockholders. shall h' given hy
! written notice mailed fifteen tlII DAYS i'm
adNanc" Of the date fixed for such meeting
| 10 each stakeholder appearing as such on
| IN" books Of tn" company. nj his last
! designated address or ut the general de.
/ livery at New Orleans ii D.. has not drSis
/ mated IN address. Each shareholder j. On
| titled % one vote for each share Of >torE
standing in his nam" on the books of tn.
Company. said vote To b. east in person
or by proxy. ana the majority of vote.
| east shall elect The Board of Director.
shall haN" IN" power to nh all yacInri,,
which may occur on the Board. eyeI
though no quorum remain at the time Sucl
vacancies arr To %" nlI-d. Faiur" 10 cleo
! Directors on tn" day above specified shall
nor di>>olv" Ia" corporation. but the hi
re'ior- than IN office shall remain ia Oliic.
until their successors are elected tn,
Directors may elect such other officers a,
they deem necessary or convenient for tn,
| carrying on OF the COmpauy'S business
and shall have power TO unite two or NOR,
Offices and TO confer the same upon on.
person or 20 di>pcH>" with any office il
its discretion. The Board of Director,
shall also have power TO make and pStab
fish. well as alter aud amend all by
laws, rules and regulations necessary an,
| proper for che support and management
of the affairs and business of the corpora
ton, and not inconsistent with its charter
| Two O. Directors shall constitute guOr
um for the transaction of business a
any meeting of the Board of Directors am
| Director absent from the meeting may b,
| represented by any other director. VIII,
may cast the vote Of ia" absent directO
according to tn" written instructions o
said absent director. Until the annua
meeting in 1921. the Board of Director
shall consist of the following: John Hen
ry. Seaman. Post Office address 4JOl ;
! johnson Street. New Orleans La: Lesli
g. Knight. Post Office address 1850 Jack
son Avenue, New Orleans La. and J
! Blanc Monroe. Post Office address 142
Louisiana Avenue, New Orleans. La. q
these John Henry Seaman shall be PRES
: dent. J Blanc Monroe Vice President Les
: lie q. Knight, Secretary, and John Henri
Seaman. Treasurer.
| ARTICLE NI.-ThiS act of incorporate
may be- modified changed or amended G
4 | this corporation may be dissolved in a.
b | manner provided by law. by vote of tw,
l thirds of the entire outstanding capt.:
( stock of all classes, present or representa-