The herald., 1921-06-16
CHARTER.

tablish one or more branch banks in the
Parish of Orleans, in this State, and gener
ally to do and perform any and all things,
and TO exercise and enjoy any and all
rights, powers and privileges, as are grant
ed by said laws and all other laws on the
same subject matter, not inconsistent there
WITH as well as such other and further
rights. powers and privileges. as may be
hereafter granted by law to such corpora
lions.
ARTICLE IV-IThe capital stock of this
corporation Is hereby fixed at Two Hun
dred Thousand Dollars, divided into ana
represented by Two thousand shares OF the
par value of One Hundred Dollars each,
which capital stock, shall be paid in cash,
at the price of One Hundred and Twenty
five Dollars per share. of which One Hun
dred Dollars, shall be applied to the capt
tai stock, and Twenty-Five Dollars to IN.
surplus and when at least one half of
said capital has been fully prrd UP III law
full money, this corporation stall have TIE
right to commence business.
The capital stock shall be fully paid hn1
non asseSSable, and when Issued. II shai;
be represented by certificates, winch sha"
be personal property.
Transfers of stock of this corporation
shall be made only on its books. by the
stakeholder in person, or by written proxy;
and under such regulations as the BOARD
of Directors may prescribe.
ARTICLE V-The business and AFFAIRS
of this corporation shall be mahage Eel anu ha
vested in and exercised by Board OF
Directors composed of not less than hNe
and not more than thirty stochl"lu.l :
each Of whom shall own not less man ttu
shares of the capital stock of this corpora
tion and One-third of whom shall consul
tute a quorum for the transaction OF DUST
ness. .,. AN
poraton is hereby fixed at hiteeh' anu
George Herbert, Jr.. whose post office
address is 200 Olivier Street, New orleans
Louisiana. fiji
address is SIS Pelican avenue, New Orleans
Alfred c. King. NJ. n. whose post office
address is 3O5 Vallette Street, New orleans
Julius Bodenger. whose post office ad-
| dress is 157 Delaronde Street, New Orleans
| Louisiana. -,
Ralph p. Nolan. whose post office ad-
dress is 225 Lavergne Street. New Orleans
Charles II. Botnick. whose post office ad-
dress is 145 Alix Street New Orleans
Louisiana.
William J. Hennessey. who post office
| address is 81 Pelican Avenue, New VT
leans. Louisiana.
George ]. Peterson, whose post office adj
dress is 62S Seguin Street, New Orleans
| Louisiana
|
dress is 1873 Seguin Street, New Orleans
| Louisiana.
| August Schabel. whose post office ad-
dress is COL Patterson Street, New or-
| leans, Louisiana.
| Francis ]. Richardson, whose post office
address is -21O Olivier Street New Orleans
| Louisiana.
| Frank c. Duvic. whose post office ad-
dress is 1913 Morgan Street, New Orleans
| Louisiana.
| William II. Ward. whose post office ad-
dress is 205 Olivier Street, New Orleans
Moritz 5. Senton. whose post office adj
dress is 14i2 Louisiana Ave-, New Orleans
| Louisiana.
Frank c. Hymel, whose post office ad-
dress is 1876 Bermuda Street, New Orleans
| Louisiana. a
| Said Board of Directors may, in its div
| erection, elect from time to time one OF
| more additional directors, mot exceeding
| thirty in ALL who shall possess the neces,
sary qualifications. as herein provided and
shall hold office during the term of said
Board. Said Board shall serve and mold
office until the second Tuesday of January
1922. or until their successors are duly
elected and qualified.
On the second Tuesday of January in the
| year 1922. or the next legal day thereafter
if the said day be dies non. and'annually
| thereafter a meeting OF stockholders Of
this corporation shall be held at its bank
ing house. in the Fifth District of the City
| OF New orleans, u1luer the suptTNls lOh W
three commissioners. appointed by the
| Board of Directors, for the purpose o
electing directors for the ensuing year ant
for the transaction of such other business
that may properly come before said meet
ing after fifteen days notice shall be giveI
to the stockholders by publication in
newspaper in this city. three times in SAT-
fifteen days and by letter addressed to eacl
stakeholder at his or her last known al
dress.
All elections shall be by ballot and tn
persons receiving majority of the vote
feast at such election shall be duly elected
and shall serve as directors for the ensu
ing year or until their successors shal
have been duly elected and qualified.
In case there shall be no election of di
rectors on the day appointed for thel
election an election shall be held as 500
thereafter as may be practicable on da.
to be fixed by the Board OF Directors, afte
previous notice of said election shall b
given to the stockholders. in the manne
hereinabove set forth; the failure for an
, cause to elect directors upon the day o
DAYS fixed. for their election. shall not dis
solve this corporation. but the officers an
directors then in office. shall continue Z
hold office until their successors have bee
duly elected and qualified.
At all elections for directors and at al
/, meetings of stockholders, each stockholde
2 shall be entitled to one vote for each shar
of stock recorded in his or her name on tn
books Of this corporation, but no STOCK
} holder shall be entitled TO vote at an
election on any shares of stock transferre
: to him or her within thirty days immedi
ately preceding such election.
The Board of Directors shall. at its mrs
meeting. elect from among its member
! a President, and one or more Vtce-Presl
dents, who shall hold office during tn
, term of the Board making such election
and in case Of vacancy of the said posi-
tions the same shall be filed by the Boar
) Of Directors. The said Board shall az
point a Cashier, one or more AssistaI
. Cashiers, Trust Officer, and such othe
officers, attOrneysat-iaw and agents Q
may be deemed necessary for the bushes
of this corporation, and fix their comper
sation, and may combine the duties
such officer; and all such persons so ar
pointed shall hold their ONCE at the pleas
; ure of the Board.
Until the first election, which shall b
. held on the second Tuesday Of Januar!
1922 the following shall be the officers
: this corporation:
! George Herbert, Jr., 200 Olivier Stree
President; Adolph Spitzfaden, Jr.. BIS Pei
= can avenue, Vice-President and Cashier. an
q julius Bodenger, 157 Delarondv; Ralph
F. | Nolan. 225 Lavergne Street; and Charl'
> H. Botnick, 145 Alfx Street, as Vice-Pres
. dents.
!, The Board of Directors shall ha'
= | power to prescribe bylaws for the govern
. ment Of this corporation NOT inconsistel
with law or the provisions Of this charte
and may name and appoint such commi
: tees from among its members as may
y | necessary and convenient, and vest
such committees all such powers and al
: thority as may be necessary and as sal
{ | board itself has and enjoys.
Any vacancy which may exist from an