The herald. [volume] (New Orleans, La.) 1905-1953, 1921-03-24
AMENDMENT OF CHARTER OF sTAUF-
FER ESHLEMAN & CO., LTD,
FEBRUARY 81, 1921.

fEBht Ah1 II, 192l.
United States of America, State of Lou
lana, Parish of Orleans, City of New Or
leans. Be il known, That on this twenty
first day of the month of February, in the
year of our Lord, one thousand, nine hun
dred and twenty-one. and of the INDIE
pendence of the United States of America
the one hundred and forty fifth; before
me, Felix Joseph PUG, a notary public,
duly commissioned and qualified. in and
for the Parish of Orleans, State of Louis
lana. therein residing, and In the presence
of the witnesses, hereinafter named and
Undersigned; personally came and ap-
peared Walter X. Stauffer, of the full age
of majority and a resident of this city, and
Drausin Perret, of the full age of ma
jority and a resident of this city. Said
appearers acting herein respectively as
president and OBSERVATION-DISCLOSURES, of the
Stauffer Eshleman and Company, Limited
corporation domiciled In this city in
csrporated by an act passed before Felix
Joseph PUG, Notary Public. on June 3Oth
1904. and recorded in the Mortgage Office
OF this city, in Book 751, folio 517, acting
herein under and by virtue Of resolu-
Eshleman & Co, Ltd, adopted at a meet
ing held at its domicile. in this city, on
January 27th, 1921; a duly certified copy
OF said stockholders meeting being hereto
severally declared that, at said special
meeting Of the stockholders of said cor
poration. which was convened and held as
aforesaid. on January 9th, 1921. accord
Article Nv of the charter Of said corpora
ton, was adopted by a unanimous vote Of
the stockholders Of said corporation pres
emit In person and by proxy at said meet
ing. being all Of the stockholders of said
corporation.
Article ". Of said charter was recast
and amended, SO as to read as follows,
to-wit:
ARTICLE Iv.-An the corporate powers
Of this corporation shall be vested in and
exercised by Board Of Directors to be
than eight stockholders, to be elected on
the first Monday Of July of each year IN
less said day be a legal holiday and then
on the ",.J next Bank day thereafter. All
Quoted at the office Of the corporation un-
der the superintendent Of two commits
s1oners to be appointed by the Board Of
Directors; and Of such election written
notice shall be mailed by registered letter
to the postofice address Of each stock
holder who has In writing designated his
postomce address, not more than twenty
and not less than ten days Counting the
day Of mailing the day Of election) prior
to the date Of such election. Should any
stakeholder fail to designate his postofsce
address in writing. 1t shall be sufficient to
mail to him letter addressed to General
share of stock shall be entitled to one
vote, to be cast either in person or by
written proxy, and majority of the votes
cast shall elect. Any vacancies occurring
or otherwise, shall be filled by election for
the remainder Of the year by the remain.
ing Directors, failure to elect Directors en-
the date above specified shall not dissolve
or affect the corporation, but the Direc-
tors then In Office shall remain in Office,
until their successors are elected and quail
fed. and shall cause another election to be
held as soon as possible thereafter, after
due notice thereof shall have been given
for the time and In the manner above pro-
vided.
Three Directors shall constitute a quo
| rum for the transaction Of any business
and the Board Of Directors at their first
meeting following each annual election shall
elect one Of their own number to be presi.
dent, another to be vice-president. shall
| may eject an assistant secretary and as
| sfstant treasurer. The secretary, treasurer
| assistant secretary and assistant treas
| urer need not be members of the Board
The Board shall have power In their dis
erection, to unite the offices Of secretary
and treasurer.
| The said Board Of Directors may appoint
an executive committee Of the Board. t.
| consist Of four Directors, two Of whom
| shall constitute quorum with power Il
| dtt, anu the DO6ru OF D1rectOrs may Oele
gate to said executive committee from tim,
| to time as they see fit any and all Of tn,
powers vested in them as Board Of Di
| rectors, and may also appoint from tim,
to time such officers, clerks. agents o.
other employees as they may deem neces
sary, provided that the Board shall no
have power to appoint or elect any officer
clerk, agent or employee for a fixed term
but all shall hold Office only at the pleas
ure of the Board. And said Board ma,
make and establish, as well as alter ant
amend, any and all bylaws, rules AND
regulations necessary and proper for thu
management and control of the business
and affairs Of this corporation.
Said Board shall also have full powe
and authority to borrow money. execute
and generally to do all things REASONABLE!
| necessary for the proper carrying on o
the business Of the corporation; as ais,
to issue and deliver full paid shares o
Of money borrowed or property actual.
| received by said corporation.
Any Director shall have authority (,
appoint in writing a stakeholder not al
4 ready a member Of the Board to repre-
sent him as a Director at Board meetings
or he may appoint In writing any othe
Director, and in such event such absen
present at the said Board meeting for pur
poses Of quorum, voting and for an,
and all purposes.
i The first Board Of Directors Of this COT
fporation shall consist of Walter r. Stauf
fer. Benjamin #. Eshleman, d. Perreti
William +. Stauffer and Henry NJ. Preston
with Walter r. Stauffer as president
Benjamin +. Eshleman as vice-presiden
and general manager. d. Perrett. a
secretary and treasurer; said Director
shall remain in Office until the election
be held in July. 1906, or until their sue
cessors are elected and qualified. the afors
said oficers, however. holding their Office