The herald., 1921-06-16
CHARTER.

'iI.rt ahu toTrs for same; and generally all
other objects and purposes IehuIIS ,bo
promote and foster ana deNeLoP a. rorl
Arts in all their forms, ana 10 90 anu Pel
form any and all things incidental OF hc.ea
sary thereto, including the OrSahlHution .,I,,, =,
ana maintenance of such brahches as iI' h'
be necessary or, in the discretion Vi 49, NJ
Board of Directors, convenient VI 'NPo
ARTICLE IV-All citations and other lt
cal nrocess shall be served upon the rus
/ dent of this corporation or, III niS Socre.
/ Sence, upon the Vice-President. or SER ,ho
4 rory or Trea surer at the dOmiclle Ol INC
! CORPORATION, as herein fixed. All.
ARTICLE V-The capital stock Oh thls M
! corporation is hereby fixed at IWehl! -nNe
! Thousand Dollars ($25 OO0.OO), to De repre-
scented by five hundred (5OOJ shares ol lnt
par value of fifty dollars (S1O.VV' .ii eaCn
! provided that the corporation shall Det Decolle
a going concern and may begin 10 trahsaS ! =
| business as soon as one-half OF ITS said
capital stock Is subscribed for. Salu CaPi-
raj stock may be paid for IN caSh' OF US fes
equivalent in property, goodwill OF ioI
.seryices rendered. Before any stockhoiutI
shall sell any of his stock, he shall hrst
offer same to the Board of Directors lor
the benefit of all the stockhOiders' % saLu VI
fer to be in writing for the boOk Ndlue N
the stock at that time and said oiter snan
remain open for a period of thirty toV)
days No transfer of stock shall De oInu
ing upon the corporation unless same Is Is
duly made and gecOrded on the Dooks Vi
the corporation. ~, "a.
ARTICLE VI-Said corporation, while ITS
capital stock is hereby fixed at S2oOocVV,
as designated in the preceding artIcIe, shaii a.
have the power and authority 10 lhCrtSe ~
capital stock to one hundred thousand dOl-
lars $500 900 COZ in accordance win the
nroyisions of Article VIII of this charter'
and according to law. - 4,
ARTICLE VII-AH corporate powers anu anu
authority shall be vested in ana eAtrclseu
by n Board of Directors consisting OF Hot H
less than five to-, nor more than Twelve
/ U2l. stockholders. Three 90 directors
shall constitute quorum of sald Doaru lor
the transaction of all business
Said directors shall be elected 3nhuallS
r on the first Monday of June of each year
unless said day be a legal holiday IN , "hlc.
event said election shall be on the nj neG
hank day or as soon thereafter as pracu-
! cable. and they shall hold Office ior TERN
of one year or until their successors are
= duly elected and qualified
Each stakeholder OF record on lhe q, oooSt co y
of the CORPORATION shall be entitled TO cas-
. at such meeting, either in person OF pi
I proxy, one vote for each share OF stoci
! held by him, and IA majority OF the vote
y cast at such meeting shall elect, or shal
T decide any other question. All meeting
a | of said stockholders or directors shsii "
u held at the dOmicile of the corporation, eA
: cent with the written consent OF InaJofit.
of the Directors, meetings of the Board
= DIRECTORS NAV be held outside the State. o
: elsewhere within the State otherwise una
y at its dOmicile. Any vacancy occurrlh
e from any cause in the Board of Director
:. between the dates of annual meetings here
Il in nroyided for shall be filled by the sal
? board. Immediately after election OF diret
d tors they shall in turn meet and elect IroI
d among their number president, VIC
~ president a secretary, and a treasurer. IN
le duties of such officers shall be such a
III usually appertain to same, and as such u
+ may be additionally provided by the D!
IN avs which may be adopted, as well as sue
n. as are provided for in Section 10 Oh sal
It. Act No. 267 of 1914.
ID The first annual meeting of stockholdeT
r. shall be held on the first Monday OF jun
st 1922 as provided for in this article in th
second paragraph thereof. Until that INN
~ the following shall constitute the Board {
p Directors, whose addresses are given OF
ir posite TO their respective names, to-wll
m Miss Cammie \. Allen, 523S Prytanla stree.
,a Miss Mary VI. Conway. 31OI Dryades Street
/. Miss Mary V. MolOny, 1926 Chestnut. Street
Miss Ethel s. McGehee. 1924 Garfield Street
Miss Mary VI. Scott, 1l3S Washington Av'
or nue.: Mrs. Jane Austin Tuttle, 13O2 Col
stantinople Street; Mrs. Eugenie Wen
r mann -Schaffner, 2320 Magazine Street, Q
Or femmes soles; Ernest +. Schuyler. Ia
be Coliseum Street; Mark Kaiser, 1851 II
10 rome Street; Ben T. Hanley. 22il Bani
,ll Street: Theodore Roehl, 800 Weis Buildln
er all in the City of New Orleans. La.
ey Until said date and until their successor
Ill are elected the following shall be the
Ill ficers of said corporation, to-wlt: Rres
nd dent said Ernest f. schuyler; Vice-Pres
s. dent said Miss Mary NJ. Scott; Secretar
he said Miss Mary NJ Conway; and Treasure
he said Mrs Jane Austin Tuttle.
ARTICLE VIII-The capital stock ms
a, be increased. as stipulated in Article vi
an this charter. as deemed necessary, provide
= said increase be made by vote OF not ie
m than three-fourths (&) of all outstandiI
49, stock; and provided further that notice
ar such meeting and of all stockholders NEE
=, ings be given as provided by law. In
- charter may be amended, or altered, In al
respect, by complying with the laws of tn
w State relative to the amendment of cha
= ters, in force at such time such amendme
u, is contemplated.
Aw ARTICLE IX-This corporation may
S. dissolved. either by limitation or otherwi,
A. and when dissolved, its affairs shall
. liquidated by two commissioners, elect
U. from THE stockholders, which liquidato
SHALL if required by the holders Of n
-. less than 25e of the stock, furnish Boz
nc not greater than the appraised value OF I
lal assets. Said liquidators shall remain
ce' office until the affairs of the corporati
shall be fully settled and liquidated wi
full power and authority to do any ana
-. acts or things necessary or proper, or CO
of ferred by law, to wind up the affairs of
corporation.
ARTICLE X-No stockholder shall e,
be held liable or responsible for the fau
ms, or contracts or debts of this corporate
his or for any other matter or thing. for a
or further sum than the unpaid balance,
lis any. due upon the stock subscription,
ish upon the stock owned by him. nor shall a
mere VI nc
led have the effect of rendering this char
ap- null, or of exposing any stockholder 10 a
are liability or responsibility beyond any su
are unpaid balance.
the ARTICLE XI-This corporation is
"a ganized under the laws of this State
Act Louisiana, and particularly under Act
)l4 267 of 1914. and all the amendments the
by to. and the subscribers hereto, for the
and selves and for said corporation, and tor
'er- officers, directors and stockholders, here
ted accept, as part of thfs charter, and as .
and ditiOns of this corporation, all The rigl
and powers, privileges and immunities gran
ere to corporations, and granted to and C
opt ferred upon, officers, directors and sto
holders of corporations by said laws ;
This by said act, etc.; such acceptance being
de- full, complete and binding as if 5
'rn- rights, powers, privileges and immuni
ans, were set forth at full length in this inst
ans ment.
Art, Thus done and signed by the par
itu hereto this 18th day of April, A. ID. 1921
ave the presence of me, Notary, and The und
ing signed competent witnesses.
ully Names of subscribers omitted.
Ar Witnesses: Ross 4. BreaZeale. Robert
Guerard.
this w. MORGAN GURLEY,
ser Notary Publi
lc.", /, the undersigned Recorder of NJ
city cages, in and for the Parish Of Orled
ere, State of Louisiana, do hereby certify (
cor the above and foregoing Act oil IncorpC
Rod tion of The New Orleans Conservatory
ate, Music and Domestic Art, was this day d
the recorded in my office, in Book 1858, Il
Nax nrla Nav DuA