The herald., 1920-10-07
CHARTER.

Nj routing business matters shall q. de
cid"d 10y tn" majority vote OF the quorum
present NJ such meeting. Notwithstanding
anything in this charter or the Law 90 the
contrary. hut any matter or thing aN,,r.
ing the general policy. property or cor
poratv rights Of th" corporation snail no
adopted only 10y IA" vote OF the majority
of stock held by tine individual members
OF the Who'll" Board OF Directors. and prop
"r mIHut" entries shall b., mad, to ~uoN
/ th">" facts. Nt its urSt meeting after rlr...
i"u or as soon thereafter as prau' I.iiI,...
ih' Hoard OF Directors shall eject q Ir,.~f-
dent. and one or more Vice Presidents, and
Srtr"tar. and Treasurer. fu,.-. I...'
named unI""r> need no the stockholders
ana the two Offices may b" combined iu
on" person 10y th" Board of Directors
The Board of Directors may establish
10y laws. rules and regulations tor Ia" gu,.
eminent of the corporation. aud may also
'r'.i,r committees for thu mana cement OF
3D." several departments of It's business
including an executive rummittv, to loo
composed Of on, to three members of fu.
h"drd. which committee shall he" ,mpUw.
cred 20 exercise all ia" functions of ia.
loHrd of Directors during TIA, r"rr~> OF
said BOARD. save tlu~t. herein reserved for.
the fun Board. The, Board OF Directors
>h"lI ma vacancies occurring IN this body
during the term thereof. Meeting of tH.
Board Of Directors may be held af such
times rs shall be- SCI Toy the Board itself
or AT tn" call of tn" President and nj the
/ f'IH"-, ~ any stockholders. provided with
.
Nid"d with ia" written consent of an
jh" directors. meetings Of said Hoard
/ may he held elsewhere" than the
: G"Iiril" Of the corporation M,,r
[ IhEN or stockholders. other than ~.
annual election meetings shall be- held
/ ~ hen ordered by the Board OF Director,
/ or The holders of not less than - per cent
/ OF the outstanding capital >tOrE such
/ meetings shall hr preceded 10y ten day,
/ written notice. given in the .uauurr Iuo,,
prescribed for the annual meeting Al
| Surh meeting majority Of Oh" rJpital
/ STOCK SNAIL constitute quorum. \u other
/ business shall he considered than thar
covered 10y the call nor shall Iu Id tpUrU
| iuvnt be had for more. than ono. week. viii.
/ Out motto" to IN" STOCK hUllrrs a. g., here
IN provided for other meetings. no stock
/ holder shall h" permitted 10 vote at ANY
| meeting who does not apprar owner az
/ Tr""rd i've days preceding the ul,rliu-,
/ 40 proxy shall be- valid after the r,pir.,.
| il"n or eleven months from date thereof
AEi I,LE With" charter may b"
! amended and the capital ~tu.k iu,r,.I-, sod
! and decreased with the consent OF Two.
/ thirds Of all Of It~ stock expressed 90 "a
/ meeting called for that purpose. o. la guv
/ other way permitted 10y law
ARTICLE VII This rornorltirn may
| be- dissolved with the consent of r,yo.
/ thirdN "i Oh" issued and outstanding: "l,,i-
J I"I Nlo'k oppressed at meeting called
/ i"r mat purpose. or in amy way permitted
J 10y law. pom the dissolution of tn. cor
/ p"Tailou 10y limitation or otherwise. IN.
/ stockholders shall elect from among rh,fr
! number one or NOR" HqUidator>. and iIN
/ t"r terms. conditions and other provisions
/ regarding the HVuidHtIOn as well l> m.
/ compensation Of the liquidator>
ARTICLE NllI.-NU stakeholder shall
/ ever u" held liable or responsible" for the
! contracts or faults of this corporation i'm
! any further sum than the UNPAID balance
! IN" this corporation on the shares owned
10y him. nor shall any mere, informally in
/ N" organization have the effect of rem
/ drriHE this charter nun or of exposing the
/ stockholders to any liability beyond any
ARTICLE Wherever notice is re
guirrd 10y law or by this charter. the Same
/ may D" gwen III writing delivered in per
son or sent 10 the last known gddr,.,, ~
] l. prescribed in Article Of this charter
| ahd twenty-four hours will be sufficient
| Tor All purposes except where, otherwise
/ prescribed by law. ANY and all notices
/ required 10y law or 10y this charter may
/ u" waived by unanimous consent of m.
/ Board of Directors or the stockholders a.
/ the case may be. and such waiver shall h.
Entered on III" minutes OF the meeting to
which they apply.
Thus done and passed. in my notgrial
| Office. in the City of New Orleans ON the
! dat" aforesaid. in the presence of Birdie
o'"hher and Herbert III. Moses. cOmpe-
| tent witnesses. who have herpuuto signed
! their names with the said parties. and they
/ have set out their addresses and the mum
her Of shares held by them. and me. No
| tary. after reading of the whole
! Signed: Earle W. HammonS g9T shares
! liIt broadway, New York per pro Rrnia.
! min W. Dart George \. skinner | share
| 1876 Broadway, New York: Louis J GpIpi
! ! share. 9O4 Canal Bank Bldg New or
! leans; l.. l.. DuhOurg. ! share. 9O4 Canal
| Bank Bldg. New Orleans
Witnesses: Herbert H. Moses. Birdie
| OConEcr.
HENRY i. DART. JR
Notary Public.
| certify that the above is a true and cor
! rect copy of the original
HENRY i. DART JR
Notary Public.
Oct 7-\oy H.