The herald. [volume] (New Orleans, La.) 1905-1953, 1921-03-03
CHARTER.

That on this 9th day of the month Of Feb
ruary, in the year of our Lord, one thous-
and nine hundred and twenty-One, and Of
the Independence of the United States Of
America the one hundred and forty-hfth.
before me- Watts X. Leverich. a notary
public duly commissioned and qualified,
in and for the aforesaid Parish and State
and in the presence of the witnesses here
matter named and undersigned. personally
came and appeared Abrom Kaplan and
Isaac NJ. Lichtenstein, herein appearing in
their respective capacities of President and
Secretary of the Phoenix Development
Company, by virtue of resolutions passed
at meeting of the stockholders Of the
said Phoenix Development Company, called
pursuant to due notice, on the 9Th day OF
February, 1921, the said Phoenix Develop
ment Company being corporation organ
ICED by act passed before Fred G. Marx,
Notary Public, under date of May 31st.
1902 and recorded in Mortgage Office Book
T23. Folio -, New Orleans, Louisiana.
The said Abrom kaplan and the said Isaac
NJ. Lichtenstein, acting as Chairman and
Secretary respectively of said meeting, de-
clared that at said meeting of the stock
holders held as aforesaid and according TO
law. and the charter of said corporation,
all as will more fully appear by reference
to a certified copy of the proceedings Of
said meeting hereto annexed and made
part hereof Ii was voted by the unanimous
vote of all the stockholders and representa-
tives at the said meeting that Article vi
of the charter of this corporation be
amended so as to read as follows:
ARTICLE VI.-"All the corporate pow
ers of said corporation shall be vested In
and exercised by a Board Of Directors Of
not less than nine (9) nor more than eleven
C1) stockholders, to be elected annually
on the second Tuesday of May Of each year.
All such elections shall be by ballot, and
conducted under the supervision OF two
commissioners to be appointed by the
Board of Directors for that purpose, Of
which election ten (10l days prior notice
| shall have been given by the Secretary to
each stakeholder by notice sent TO his last
known address and by ten days notice
published in one Of the daily newspapers
| of the City of New Orleans, Louisiana;
vote, to be cast by the owner either In per-
| son or by proxy. The Directors thus elect
| ed shall serve and continue in ONCE until
their successors shall have been elected
and qualified. A failure to hold the meet.
ing or to elect Directors on the date above
specified shall not dissolve the corporation,
but the then Directors shall continue TO
hold their Offices until their successors
shall have been elected and qualified.
Vacancies occurring In said Board from
whatever cause shall be filled by the re-
naming Directors, and any Director WHO
may be compelled to be absent may ap'
point, under written proxy, another ID.
rector or shareholder to act In his PROXY
on said Board and exercise for the time
being all the powers Of such absent d.
rector. Five Directors shall constitute .
quorum for the transaction Of any busi,
ness. The said Board of Directors shall
make all bylaws, rules and regulations
for the government Of the business ana II,
fairs of the company, and alter, amesd ana
change the same at pleasure. They snaii
have power to buy, sell, mortgage, pledge
and lease all property, real, personal Or
mixed, corporal or incorporeal, whenever
In their judgment they may deem sucn az.
ton necessary and proper; to issue bonas
and obligations or assume the same; 70
make all necessary leases, contracts ana s,
! agreements; hire, employ and discharge All
| officers, clerks, agents and employees, anu
fix all salaries and compensation, ana gen
orally to do all things necessary In tne
| premises for the transaction Of the busi-
ness and affairs of the company
/ And the said appearers declared that
they appeared before me, the undersigheo
notary public, for the purpose OF placing
the said amendment In authentic form, "
the end that the same might be recordeo
: and established according to law.
Thus done and passed, at my once, u
the City of New Orleans. on the Gay
: month and year herein first above write =,
In the presence of Albert Mackie and >; w
Barkdull, competent witnesses, VINO nav
hereunto subscribed their names, togetne,
with me, notary. and said appearers ai'e
due reading Of the whole.
= Original signed.) A. kaplan' l.
!, NJ. Lichtenstein.
! Witnesses: Albert Mackie, J. W. bafA
dull.
WATTS K. LEvERICH,.
a Not. Pub.
I, the undersigned, Recorder OF MOT.
cages, in and for the Parish OF Uries ~
State Of Louisiana, do hereby certify lns
the above and foregoing Act OF Amendmen
nf ha Chor 81 Nh.a
ment Company was this day duly recoroe
in my Office, in Book 1853. Folio =.
New Orleans. La. February 10th, III
(Signed.) ROBT. SCOTT, Dy. hH'
:. A true copy. (Seal)
Il Not Pub.
/, Feb. finch. "a.