The herald. [volume] (New Orleans, La.) 1905-1953, 1921-11-17
[Fay0rites Who Appear In Leading ;
CHARTER.

who shall all be stockholders. INV.
majority of the directors VI in n.r-
r., ar nv nroXv shall constitute quorum
and a majority vote Of those Irts.H' ,I
person or by prox. sn"h o Gu h1ii
runstions voted upon. SAID ulreS''ls -
y iertad annually from among Nhe
stn,khold.rs on the Twelfth day OF NoNeniiI :
har of each year. unless the SAM I'LL
he a legal holiday, when ihS rte, ,horaaftrr ;
he held on the next legal gay SrI'b.r
i,.,;,niuT on the Twelfth OF NoNrIHuVi,
lg52, and after fifteen days prior itoct-
nntire having been malltd 10 "a" L'o,rn
holder of record 10 ms iast nnt
1Trss The voting shall be ny paiioC
and each stakeholder shalI pS TT him
,.sr one vote for each share htlu uS nm ~,
.,'bi.b has been standing in ms hiiIle ''
W ~ -. of the corporation for AT lcaHI :
49,, days prior to the date OF the tleS 'loi I'M
mgi1rity of the entire stock lHSueu I'll hn
outstanding voted ut such 'le(tl of
III Immediately after the elecI'on VI
"a poard of Directors and the adjourn
mt of the stockholders meetlhE' ny
newly elected Board of directors ~"
elect from among tnrt "uy Who shall lie
,,r.,id.nt a secretary and treaNul',..
;rhr offices of secretary and treasurer i""'
be- held 10y the same person
,;,.,.rS aS herein provided for SHAH NOV
~ III, In tho dissolution OF the corpora
ion hut the then Board or hlrt,t"i ,, 80
cffirrrS shall hold their rSspr'lii,c, oI and
until their successors are u"'s
qualified. ,,,rs may
/ ia when ordered by the b"dru Va
directors and must ne ntlu 90 nor
r.nuest of not less then twenty tf,on
r,rt of the outstanding STOCK altti iIJ.r
Sr,tiur the object or objects OF salu mn, ,r,
ing Any vacancy orcurri t;IIos hv Tho
Board of Directors shall 9e p ilarrd for the
rnn,,ininy members of said Boaru i"I e.
! ,,n.xrired term at meeting Cailen.
that purpose after ten days prlol ii,teJ
/ n,ti.a the director or directors 80 w -
70 hold office until the next anhu"' i'm
~ 49,, meeting but should II u" IN
nSIiiI.. for any cause for any Na,h",H
/ ar vacancies in the Board OF ~ ,,,,,.,.
/ he filled by the nirect4rS' -, SUI Tho stock
ar vacancies may he filled nE 'nt lit
/ IIIars NJ any meeting called Tor UNI
nnrro>e by the president. any Which
/ directors meetings. the n"tlceH ~ for
! ara NOT herein specifically prov ny -
-. Lc called bN any officer ot inns OK COZ,
/ nnr,tion upon ten days NOTICE hI man.
tr, director shall have the HGnt
authorize aud appoint any si Ii n;rocrors'
vote for him at any and an III, md
meetings and such proxy shall nav an"
nvar,isr ali If the powers OF su'h INV
tor appointing him
Whenever il is provided In TINS .N't ,.,t,
;,Iar Dirartor>' or stockholders h,r''
Hl,n'' ,,. Inc held after certain prrScrlhed
nntices TO the directors or Stockh"l"e
II i understood and agreed tha' ~ INC.
all directors ana >t"'Nh"Ii't9 ,iLaraver
~ ha held without notice. Wh'hfNT
igyyful provided all directors OF S'.i
holders as the case may ne VAN Nr -
in writing or are present III I'iS"m
by proxy nj such meeting VI e.,
III po,rd of Directors shall have iuli
,,,,tr,l of the property Of this corp"ra'lp''
,rd shall conduct. manage ana u.s. ~
same as in their discretion me- al
hest and that is consistent WIN -
in,ts of the Company and its WellnIrr.
JrI ,hnr shall have mower to make. ater
and annul such bylaws, rules ana r ~.
IntionS as they may think proper; ~
! bou have the further right ana I"Nt'
| 80 annoint such agent. clerks ana en-
/ nIovaes os they deem hest and 10 IN
their salaries terms of Once anu AZ
rioht 10 dismiss them ut sald ho"rH
nieosure. and said Board shall h2He tnc
, furtber right to determine and IN Iht
, salaries IL any. Of the several OBJECTS
; herein provided for.
ARTICLE 1.-THE first Board Of Dire
: tors and officers who snail serte ut ,rc,Stb
annual meeting to be held on the tW.iin
; dnT Of Noyemher 1922. or until tnelr
+ successors are duly elected ana gu" p pidTn
l shall he T. Ohio Elmer. 40 Neron Iiart
, \aw Orleans La. who shall ne preSiu'l'
| I reH s Acuilar. 1883 Nashville Ave.
who shall he treasurer: Herbert j; SchnI
81 inrkamp 9O4 Pauline street. New orie""9
: La, who shall he secretary.
4 ARTICLE This charter may he al
. ,orad or amended and this .corp"ratlGi
O nov he dissolved by a vote or tWo,thlru'
: Of all outstanding stock at meeting =, o. o.
l. the shareholders duly convened LOT tnh
q burmese ny the board of directors or u!
I thc president upon the written reHu'S
n ~ not less than twenty-five ner cent
IS the outstanding stock. after iliteen Jay
E. ncticp mailed to each shareholder Ia>
, known address.
II put tho capitaI stock of this corporation
l. shall NOT be decreased by such amend
d ment to an amount less than the cor
r porate Indebtedness. ana no antnu"i'n
s. Shall he made changing the obJects an
IS nurnoses of this corporation without
ID vote of all outstanding stock. and IN
te canital shall not he increased beyond IN
~ amount originally named as i inc-os sS.
Or cxcent nv n vote Of three-fourths OF a
n ont standing stock.
~ Whenever I'm the Judgment or the n"ar
20 Of directors II shall he deemed advlSani
"a that this CORPORATION shall be diSs"iVc'
~ the hoard shall within ten days after IN
30 odoption of n resolution to that effe'
as hv p ma ioritv of the whole board AT an
meeting called for that purpose OF VIM
IL meeting each director shall have receiN
~ cd M least three days notice. cause M
= tice Of the adoption of such resoiut,o
no To he mailed to each stakeholder toCrth,
no with notice of q meeting of the st"'i
IN holders to he held at the office OF ~
no corporation to act upOn the resolntio
ad SO adopted by the board. the st"'knol'
on Hrs' meeting shall he held at any nov
nj fived nv the board on the day mention.
he between the hours of 1000 n. M, and -
rk | ~ m for the purpose OF voting upc
Mt such proposed dissolution.
or Whenever all Of the stockholders shn
or consent in writing to q dissolution. J
IA meeting or notice thereof shall he nece
ly sarv.
or ARTICLE S.-Whenever this corpor
he ton is dissolved by limitation or othe
he wise its affairs shall be iquidated und'
IS the Supervision of three lquidatOrs, eiec
ok ed by the stockholders and chosen FRO
er among the stockholders. which nquidato
nd shall be elected at n meeting OF the Shar
all holders convened for that purpose una
ch the terms and conditions OF Article
OF this charter
'al ARTICLE 9.-NO stakeholder of tn
ny cOmpany shall ever be held liable or r
eI sponsible for the contracts or faults
" this corporation in any further sum Tn;
the unpaid balance due on shares OF sto'
-. owned by him. nor shall any informant
a, in organization have the effect of rende
ck ing this charter null or of exposing al
~ stakeholder to any liability beyond Z
hN unpaid balance due on his stock. nor sh;
any informally or irreEularity in orga
IA izatiOn have the effect of rendering al
~. shareholder liable as a partner.
ne Thus done and passed in my office
Of the city of New Orleans. on the da
i've month and year first hereinabove write
a in the presence of William III. Norman a
X Irene Livaudais. competent Witness
wn who hereuntO sign their names. with I
so said appearers and me. Notary. aft
Of reading of the whole. and the said q
We pearerS have hereunto signed oppos1
all their names the number OF shares of sto
art of this corporation subscribed for
ed them.