The herald., 1921-03-10
CHARTER.

Board of Directors shall serve until the
first day of February, 1922, or until their
successors shall have been duly elected ana
qualified. Thereafter the members elected
to serve on the Board of Directors shah
continue in Office for one year or until their
successors shall have been elected ana
qualified The Office of Vice President ana
Treasurer is combined, the Vice President
to perform the duties of Il Treasurer also.
The stockholders shall elect Board OF III
rectors on the first day of February, ana
the succeeding day if the same be Legal
holiday, of each succeeding year, WHO
shall serve for the ensuing year. Inc
election of Directors shall be by ballot
and the person receiving the majority Oh
votes cast, either in person or by proxy
or both, shall be declared elected. The
failure to elect shall not be regarded as
forfeiture of this charter. For election
purposes, and for any other purpose th'
holder and owner of stock snail De en-
titled TO one vote for each share thereof
and to east same in person or by proxy.
\ Director may execute i'll writing MS
power of attorney or proxy to one OF ms
CO. directors or to n stakeholder of the cor
poratiOn to act for him and in his stead.
| 4 majority of the Directors voting ut any
one time ut n meeting Of the Board oil III
rectorS shall be required TO east any rtSo-
| luton or adopt any bylaw, and which
| when so adopted shall become Nallu COT
| pOrate act. In case OF vacancy on the
| Board of Directors, the remaining mem
| bers shall have the right TO NIL such va
| cancy. Said Board shall have the power
| to enact such bylaws, rules and regula-
| lions as in their opinion may be neces-
Sary and proper for the management opt ii
alton and control of the business of said
corporation. They shall have the right 70
| employ such persons as they may see NJ
and to fix their salaries or other compeh-
satiOn.
| ARTICLE VI-Notice of all stockhold-
ers' meetings convened and held for the
election of Directors. or for any other pur-
pose, shall be given in writing by the Sec
| rotary and may be served personally Oh
deposited in the mail, at least hitten gay
| prior to the holding of such meeting, al
dressed to each stakeholder at his laSl
known address as the same may appear
on the books of the corporation. ana pH
publication in one newspaper, publlsht'
at the domicile of said corporation IN th'
= English language, at least three times u
ten days. before the meeting is held. Sal'
p | notice may be waived, however. III Wrltlhs
by all other stockholders. whose name
iappear on the books of the corporation n
, shareholders At all stockholders meet
ings the majority of the votes east, nolh II
: person and by proxy, shall be Suihclent u
: elect and determine all questions vote,
: upOn, except for the alteration, amend
: meut or dissolution of the corporation
when the rules prescribed by law shal
P prevail.
ARTICLE VII-ThiS act of incorpOra
| ton may be altered, amended or modlhe
n or the corporation dissolved by vote q
u | two thirds in amount OF capilal STOCK 4
b n general meeting of stockholders calle
. for that purpose after due notice shall nav
u been given, as provided IN Article =
: this Charter and according to law; ana
q case of dissolution of the corporation IN
d Stockholders at such meeting shall ele'
e three commissioners of liquidation. WI
have plenary power ana entire 'haI
u of such liquidation and shali be Nesle
| with full authority, to sell ana DISPOSE
+ the assets of the corporation, ana sha
have the right to fill any vacancies IN;
NAV occur in their number from anon
the stock holders. and to distribute the pre-
t. ceeds after all debts and obligations shi
s. have been paid among the st0ckhOlderS
AZ Droportion to the number of shares he
ID by each.
III ARTICLE vIII.-No stakeholder sha
J. ever be held liable or responsible 1or u
contracts or faults of this corporation
any further sum than the unpaid balan
due 10 the corporation on the shares sn
scribed by him. nor shall any lnlorina III
in the organization have the eject OF re
dering this charter null, or OF exposing
stockholder to any liability beyond Z
amount of his unpaid balance that may
" due on his shares of stock.
Thus done and passed in my office,
the City Of New Orleans, state Oh LOU
u lana on the day, month ana year III
,r- above written, in the presence OF Jho.
tn Townsend and Joseph Rosenberg. conn
ar tent witnesses, who have hereunto sign
ed their names with said appearerS ana il
ce notary, after due reading of the whele
ne (Original signed) Darmond Il. We
d. 1722 Eiysian Fields, New Orleans. La,
M shares: Albert ID. Gershner, l34 ;. has'
ty | New Orleans. La, IL shares; a. j.
r. Roeuf, 500 Roosevelt Place, New orlea
he La siXten shares.
ter Witnesses: Joseph Rosenberg, Jno.
me Townsend. 49, NJ,
,se FRED. DEIBEL, Not. Pub
of .h ,ndors;gpad Recorder of Mo
nd - vi" IN and for tbe Parish of Orlea
ild State of Louisiana, do hereby certify q
yes fine Act of Incorporation of the Hub n
IN Co., Inc, was this day duly recorded
i've -, ION 10 1901
the (Signed) ROBT. SCOTT, by. Rex
ra- e.,
md a true COPY ~, HSea nI1,pEr Not PM
by FhE ~
ind feD. o-March 1o'