The herald. [volume] (New Orleans, La.) 1905-1953, 1921-03-24
CHARTER.

The directors of this corporation shall
be elected annually by the stockholders,
at a meeting held on the second Wednes-
day in February of each year thereafter.
Notice of such meetings shall be given
fifteen days prior to the date of the meet
ing. in writing. and sent 10 each stock
holder at his last known address.
Each stakeholder, shall, at such annual
meeting or other meeting. general or
special, be entitled, in person or proxy.
10 one vote for each share of stock owned
by him. Elections shall be held under
such rules and regulations as may from
time to time be determined by the Board
of Directors.
The directors, when elected. shall hold
office for one year. or until their sue
cessors shall have been elected and quail
fed and failure to hold the annual meeting
of stockholders, or TO elect annually the
directors. shall not operate the forfeiture
of this charter or any rights Hereunder.
Any vacancy occurring in the Board of
Directors may be- filled by the Directors
for the uneXpired term. Any director may
give his proxy to vote at directors meet
ings, TO any stakeholder.
ARTICLE VIII.-This Charter or Act of
/ Incorporation ma- be changed. modified
/ altered or amended by and with the
! consent of two thirds of all the stock
/ present at any meeting. general or special
] held for that purpose; and such amend
ment may be material or immateTial, sub
jcct only to limitations as may be by law
| provided and this corporation shall have
/ the power to increase or decrease its capital
/ stock, as herrinbefOre set out. and any in.
! crease in the capital stock. in excess OF
/ the amount named herein as the amount
/ 10 which il may be increased may be made
, by thrce-fuurths vote OF all outstanding
stock.
I ARTICLE IN.-Notice of any and al
meetings referred to in this Charter OF
/ required by law shall be given i'll III,
I manner provided in giving notices III cas-,
of elections, unless the same shall have
been waived.
In case of the dissolution. liquidation ol
termination of this Charter by limitation
/ or otherwise the affairs of this corporation
| shall be liquidated by one or more lquldat
! Ors elected by the stockholders, who may
provide the number OF said ElHldator'
I and vest them with such power and author
ity as may by law be permitted. and ny
the terms and conditions upon which they
I shall serve, and their compensation. dn'
provide that in case of disability OF any
I one of said hquidatOrS, the remalnlni
lquidatOrs may ill the vacancy or continue
to act on behalf OF the corporation.
ARTICLE Mo stakeholder of thi
corporation shall be held liable or re-
spOn>ible for any costs, contracts. debt
or faults Of this company. or any of u
officers. nor shall any mere informality il
organization have the effect Of rcndeEin.
this charter null and void or of eNposins
a stakeholder to any liability beyond IN
unpaid balance due on the stock held Il!
him.
ARTICLE NI.-The subscribers hereto
have written opposite their names tn
number of shares subscribed To by each o
them. and their postOffce addresses 81
that this charter may serve as the sub
scriptiOn list of the corporation; all o
which subscriptions are payable in tn
manner and form set out herein.
Thus done and passed. at my office, il
the City of New Orleans. Louisiana. on tn
day, month and year herein first allow
written. in the presence of Paul +. Chase
and \. Holland competent witnesses. witt
have hereunto signed these presents will
the said appearers and me, Notary, afte
due reading of the whole.
Witnesses. Paul F.. Chasez. \. Holland
HERMAN l.. BARNETT.
Notary Pablic
I, the undersigned, Recorder of Mort
! cages in and for the Parish of Orleans
State of Louisiana. do hereby certify tina
the above and foregoing Charter of TIL
! Equitable Equipment Company, Inc, wal
this day duly recorded in my office, il
Book 1858. folio $50.
In faith whereof. l have signed thes'
presents. at New Orleans, Louisiana, oI
this 18th day of March, 1921.
ROBT. SCOTT, by. Recorder
HERMAN L. BARNETT.
Notary Public
March "A to April IS.