The herald. [volume] (New Orleans, La.) 1905-1953, 1921-06-23
CHARTER.

tnr,n nny and all things incidental or neces-
sary thereto, including the 0rsali l 80
and maintenance of such branches az ~
he necessary or, in the dlscretloh VI -
Roard of directors, convenient or eApe-
ARTICLE Iv-Au citations and other le-
gal process shall be served upon the I -
dent of this corporation, or, IN hlS a.,
senre upon the Vice-President. or SER
tary, or Treasurer,at the domlclle ol 'Ae
corporation, as herein fixed. -. .n;s
ARTICLE V-The- capital stock Oh t iilS
CORPORATION is hereby fixed at Twenty -nNe
/ Thousand Dollars (S25, OOOOO) to be repre-
scented by five hundred (5oO) shares vi ahc
| par value of fifty dollars (S5OOO) eacn
| provided that the corporation snai' "r0act
a going concern and may begin 10 trahsa ti
/ business as soon as one hair OF us satu
capital stock Is subscribed fOr' oalu az -.
| tai stock may be paid for In CASH OF tos
| equivalent in property, goodwin, or ior
services rendered. Before any st0ckno aet
| Shall sell any of his stock. he shall nrst
offer same to the Board Of directors LOT
| the benefit of all the stockholders, saiu Vi
| fer TO be in writing for the book value vi
| the stock at that time, and said oner sn mai
| remain open for period OF thlrtg Aogg'
days No transfer of stock SHAH De olhu-
ing upon the corporation unless same -
duly made and recorded on the oooH' Va
| the corporation. IA.
ARTICLE VI-Said corporation. while its
capital stock is hereby fixed at $ZoVVv.oVV;
as designated in the preceding artlcle, shalI
! have the power anu dulHOIlig "
capital stock to one hundred thousand uoi-
! lars $500 OOO.00) in accordance Win tne
| provisions of Article VIII Of this charter
and according to law. ~,
authority shall be vested in and exercised
by a Board of Directors consisting OF not
less than five 90, nor more thah tMeIs.
C12l. stockholders. Three C5) dlreSt or
shall constitute a quorum or salu oodru ioi
the transaction of all business.
| Said directors shall be elected annuaHy
on the first Monday of June OF each year,
unless said day be legal holiday, IN "hlcn
event said election shall be on the next
hank day or as soon thereafter as practl-
cable. and they shall hold office for term
Of one year or until their successors are
duly elected and qualhed.
| Each stakeholder of record on the DOCKS
of the corporation shall be entitled 10 cast
at such meeting, either in person OF pi
proxy EDne vote for each share or STOCK
held by him, and majority OF the vott E
cast at such meeting shall elect, or shall
decide any other question. All meetings.
of said stockholders or directors snail De
held at the domicile of the corporation, eN-
sept with the written consent of majority
of the Directors, meetings of the Board OF
Directo4 may be held outside the state; OF
elsewhe4e within the State otherwise tnan
at its dOmicile. Any vacancy occurring
from any cause in the Board of Directors
between the dates of annual meetings here
in provided for, shall be filed by the SAID
board. Immediately after election OF direc
tors they shall in turn meet and elect from
among their number president, vice
president, a secretary and a treasurer. The
> duties of such officers shall be sucn al
! usually appertain to same. and as sucn a.
may be additionally provided by the by
avs which may be adopted, as well as sucf
. as are provided for in Section 16 Of saiC
!. Act No. 287 OF 1914.
! The first annual meeting of stakeholder
:. shall be held on the first Monday or June
1922 as provided for in this article In the
| RAJ thereof
= the following shall constitute the Board o
: Directors, whose addresses are given op
r poste to their respective names, to-wit
n Miss Cammie A. Allen, 523S Prytania street
. Miss Mary NJ Conway. 3707 Dryades Street
. Miss Mary V. Molony, 1926 Chestnut Street
Miss Ethel S. McGehee. 1924 Garfield street
Miss Mary NJ. Scott, 11SS Washington Ave
nue.; Mrs. Jane Austin futile. 1902 Con
stantinOple Street; Mrs. Eugene Weir
: mann Schaffner, 2320 Magazine Street, al
r femmes soles; Ernest z. Schuyler, 1lS
g Coliseum Street; Mark Kaiser. 1887 Ba
o rome Street; Ben Il. Hanley, Eli Bank
Il Street: Theodore Roehl, 800 Weis Building
r all in the City of New Orleans. La.
Y Until said date, and until their successor
II are elected. the following shall be the OF
II fcers of said corporation, to-wit: Presi
d dent said Ernest Z. Schuyler: Vice-Presi
= dent said Miss Mary NJ. Scott; Secretary
e said Miss Mary NJ. Conway; and Treasurer
e said Mrs. Jane Austin futile.
| ARTICLE VIII-The capital stock ma
Il be increased. as stipulated in Article vi Q
N this charter. as deemed necessary, provide
; said increase be made by vote of not les
n than three-fourths 90 of all outstand1n
n such meeting, and of all stockholders meet
=. ings be given as provided by law. TIL
charter may be amended, or altered, In an
q, respect. by complying with the laws Of thi
"" | State relative to the amendment Of char
:. tiers, in force at such time such amendmer
. is contemplated.
ARTICLE IX-This corporation may
s. dissolved, either by limitation or otherwis
n and when dissolved, its affairs shall
!, liquidated by two commissioners, electe
u from the stockholders, which liquidatol
shall. if required by the holders of NJ
10 less than 25go Of the stock, furnish bon
lG not greater than the appraised value of Il
al assets. Said liquidators shall remain
C. office until the affairs of the corporate
shall be fully settled and liquidated Wit
full power and authority to do any and
~ acts or things necessary or proper. or CO.
ferred by law, to wind up the AFFAIRS or u
corporation.
ARTICLE NO stockholder shall ev
be held liable or responsible for the faul
IS, or contracts or debts Of this corporatio
is or for any other matter or thing. for ar
r. further sum than the unpaid balance,
Is any. due upon the stock subscription,
sh upon the stock owned by him, nor shall al
he mere informality of organization here
ed have the effect of rendering this chart
p null, or of exposing any stakeholder to al
re liability or responsibility beyond any SUI
nc unpaid balance.
he ARTICLE XI-This corporation is {
"a ganized under the laws of this State
.et Louisiana, and particularly under Act \
1t, 267 of 1914, and all the amendments ther
by to- and the subscribers hereto, for thel
nd selves and for said corporation, and for
er- officers directors and stockholders, here
ed accept, as part of thfs charter, and as 20
nd dtions of this corporation, all the RICH
no powers privileges and immunitieS grant
re- TO corporations, and granted to and CO
'pt ferred upon officers, directors and stoC
holders of corporations by said laws a
his by said act etc. such acceptance being
le- full, complete and binding as If SO
rn- rights, powers privileges and Immunit
u.s. were set forth at full length in this instr
ms ment.
TT, Thus done and signed by the part
tu- hereto this 18th day of April A. ID. 1921,
I'VE the presence of me, Notary, and The und,
ng signed competent witnesses.
lily Names of subscribers omitted.
Ar Witnesses: Ross Z. Breazeale, Robert
Guerard.
his w. MORGAN GURLEY,
er- Notary Public
=, /, the undersigned Recorder of Mo
ity cages, in and for the Parish of Orlea
re, State of Louisiana, do hereby certify Il
or the above and foregoing Act oil Incorpo
lod ton of The New Orleans Conservatory
lte, Music and Domestic Art, was this day dl
the recorded in my office, in Book 1888, Fo
4SS. New Orleans, May End, 1871.
ra- (Signed): ROBT. SCOTT,
sue Deputy Recorder
ate May 12-June 10.
en- AMENDMENT TO CHARTER OF M
Dns S1SSIPPI SHIPPING COMPANY, INC