The herald., 1921-02-17
CHARTER.

-
Secretary of the Phoenix Development
Company, by virtue of resolutions passed
ut 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 a corporation organ
lied by act passed before Fred G. Marx.
Notary Public. under date of May 3lst,
1902. and recorded in Mortgage Office Book
123 Folio - New Orleans Louisiana.
The said AbrOm Kaplan and the said Isaac
VI. 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 certified copy of the proceedings of
said meeting hereto annexed and made
part hereof. il 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 to read as follows:
ARTICLE VI.-"All the corporate pow
ers of said corporation shall be vested in
and exercised by n Board of Directors of
not less than nine (9) nor more than eleven
I'D 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 (1O) 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 I;
each share of stock will be entitled to one
vote, to be cast by the owner either in per-
son or by proxy. The Directors thus elect
ed shall serve and continue in Office until
their successors shall have been elected
and qualified. 4 failure to hold the meet
ing or to elect Directors on the date above
Snncitiah 81 a1 NJ tha tinr,
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
point, under written proxy, another Di-
rector or shareholder to act in his proxy
on said Board and exercise for the time
being all the powers of such absent Di-
rector. Five Directors shall constitute a
quorum for the transaction of any bust
ness. The said Board of Directors shall
make all bylaws. rules and regulations
for the government of the business and af-
fairs of the company, and alter, amend and
change the same at pleasure. They shall
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 such ac-
ton necessary and proper; to issue bonds
and obligations or assume the same; to
make all necessary leases, contracts and
agreements; hire employ and discharge all
officers, clerks, agents and employees and
fix all salaries and compensation, and gem
orally to do all things necessary in the
premises for the transaction of the bust
ness and affairs of the company"
And the said appearers declared that
they appeared before me. the undersigned
notary public, for the purpose of placing
the said amendment in authentic FORM TO
the end that the same. might be recorded
and established according TO law.
Thus done and passed, at my office. in
the City of New Orleans, on the day,
month and year herein first above written,
in the presence of Albert Mackie and j. w
Barkdull, competent witnesses, who have
hereunto subscribed their names, together
with me, notary, and said appearers after
due reading of the whole.
Original signed.) A. Kaplan, I. NJ.
NJ. Lichtenstein
Witnesses: Albert Mackie, J. w. Bark
dull.
WATTS X. LEVERICH,
Not. Pub.
/. the undersigned Recorder of Mort.
cages, in and for the Parish of Orleans,
State of Louisiana, do hereby certify that
the above and foregoing Act of Amendment
of the Charter of the Phoenix Develop
ment Company was this day duly recorded
in my Office in Book 1858. Folio -.
New Orleans. La. February 10th. 1921.
lSigned.) ROBT. SCOTT, by. Rec.
4 true copy. (Seal)
II WATTS h. LEVERICH,
Not. Pub.