The herald. [volume] (New Orleans, La.) 1905-1953, 1921-11-17
CHARTER.

and either alone or in company with
others
| (N) In general. 10 carry on any other
business in connection Herewith, whether
manufacturing or otherwise. not contrary
to the laws of the State OF Louisiana. and
with all the powers conferred upon cor.
pOratiOnS by the laws OF the State Of
Louisiana.
| CO) The foregoing clauses shall be con
strued both as objects and powers and il
is hereby expressly provided that the for.
going enumeration Of specific powers shall
not he held to limit or restrict in any man
ner the powers of this corporation
ARTICLE III-The amount Of the cant
tai stock of this corporation is hereby
fixed at fifty thousand dollars (S5Opng uur
represented by fifty thousand shares OF
stock at the par value Of one dollar each.
Said stock shall be paid for in cash. or
| given. at par, in payment for property
actually received by said corporation and
| for services performed for the Couuauv.
| The shares Of stock shall be trauSf"r.Il,
! only on the books Of the corporation and
must b" signed by the president ana rha
! secretary. and no transfer OF stock shall
| be binding or have any effect upon this
corporation, unless and until mad. urnr
the books. No stakeholder shall be liaII.
for any further sum than the amount Of
! his subscription, the capital stock of this
| corporation may be increased 70 two mil.
lion, five hundred thousand dollars or any
| portion thereof.
| ARTICLE IV-The domicle of this cor
| poratiOn shall be in the City of New or
leans. state OF Louisiana. All citations or
| other legal process shall be served on H.,
| president, or in his absence on the vice
| president.
! ARTICLE V-This corporation shall CON
| time to exist and enjoy life for period
| Of ninety nine years from the date hereof
| and shall enjoy all the rights, privileges
| and immunities granted by law 10 such
| rOrDOratiOnS. fhaV shall Ia.
| TO sue and be sued, use a corporate seal
| the same to alter and amend at pleasure.
to own and hold personal, real or mixed
property, to make notes, bonds, mort
| cages, or other evidence of debt
| ARTICLE VI-AlI corporate bowers ~
this corporation shall be vested in and eX
| ercised by a board of directors comDosed
| OF not less than three, nor more than seven
| stOckhOIders. elected annually at a meeting
| TO be held on the second (2nd) Monday 81
| october OF each year. majority of such
| directors shall compose a quorum for tho
| transaction of any business They shall
be elected by ballot at said annual meet
ing, either by proxy or in person. Notice
OF said annual meeting to be given to each
| stockholder at least ten DAYS prior m SaiJ
| meeting. by publication in a daily news.
| paper OF New Orleans three times within
Sald ten days. Within week after the
| erection or said board of directors "a
| above provided for. they shall elect from
| among their numbers, a president. a vice
president and secretary and treasurer
or the last two offices of secretary and
.edSurer, may De held by the same person
| AT the VIII of the board of directors, and
| sara board may appoint managers. clerks
| agents employees as they see fiji and RON
-%te the salaries to be paid them. Al. a.,
hctrs ana members of the board OF dire.
TORS snail hold office for one year fron,
the GATE OF their election, or until tbaj-
qualified. anu
RilCLE VlI-The board OF directors
ShaIl nave the power to appoint an execn1
-, ttoIihIttee 10 be composed of as MANY
hoers as they see fit. and TO vest tba
saIG executive committee with such nnua-s
ana authority and duties as in the dis
creuon OF said board may be proper for
- cIeht conuuct of the business of
thls corporation. "a
ARTICLE yIII-The board Of d;rec,ors
shaL nave power to make and estabIisb
as wen as alter and amend all bylaws
Eules ana regulations necessary and nronar
1t the support and management of Tho
and no, % ;no business OF the corporation
anu anu NOT inconsistent with its charter T6a
podrd snail have power, without rafsrrir,
10 the stockholders, to borrow nancy -
u'e mortgages, and issue notes pIedgaS
ana VI otner obligations in such amounts
I on such terms as in their Indictment
may De advantageous, and generaIIv 70 A.
az thlhgs reasonable, necessary mr. 90
t hehient Tor the proper carrying on Of The
esnaniafI,. Vi tne corporation; and they are
SePeCIdIly authorized to issue and daI;yar |
Iuii paid shares of stock and hondI 81 ~
oDnsdtiohS OF the company in payment Of
property acquired by said corporation
ARTICLE IX-The board of diroctors
tha nave the power, by a vote of NOT less
Ali or "n, 'niros OF all directors, to sell
az or any part of the property. movahIa |
VI ihmoVable, belonging to the cornoSa
r,, w 10 receive in exchange tharsfo, |
,io' or stocks or bonds or other obIigs
noration another individual, firm or cor
iporalon or any character. witbont rofoo-
ing 70 the shareholders for power 70 DO 90
meeting or the board of directors
u director absent from the meeting M
mor piesented by any other director VIII
may cast a vote of said absent diractor -.
cording to the written instrnct;onS ~ az
absent director Oh SAID
ARTICLE X-This act Of ,nco-no-o.,. !
am 1e modiiled, changed or altered or |
amenaed, or this corporation NAV he Az
two' ~ me manner provided by law. nv |
q .Wo,thirds vote of the entire onts,arI
capital stock present or representad q.
seeIai meeting of the stockboIdars 60
al; eneu TOT such purpose after preyions NJ
49, snaH nave been given in the mannor
meeting of 81 10 De given of the annual /
stocL - oI the corporation. The canitai
o,ock OF the corporation may be incrassad
~ Increased by proceedings in accordaSa
win the laws of the State of Lonisiana
h. AdM, iE XI-If this corporation shah
am n.Seu, either by limitation or from
V'ner cause, its affairs shall he IionI
ua;,, py three commissioners to he an
poInteu at a meeting of stockboIdars 90
.eneu Tor the purpose of liouidation ~.
70 De elected by a majority vote o. az, ,ha
s sSsoIhhoioers present, which Uouidoto-
snah remain in office until the $500
said corporation shall have basn t,U HI
se,,ied and liquidated, and thew sbou hnr!
cira P t,,I ana authority to transfer and
The oo o.re 70 al the property and assets of
caede poration' and to distribute the pro-
signation case of death, disability or re-
Sao ma.ioh or one or more IiouidatorS tho
snrxirSs snail De filled by the survivor or
+, mus done and passed in NV oe;oo ..
AZ, lily OF New Orleans, Louisiana on ,ba
;ua!; month and year first ahova n On .ne
me presence of Theresa SWEET 81
bn,n Cornay, competent witnesses who
t hereunto subscribed their noman
rosetner with me- notary. and soIS
pearers, after due reading of Tho urho, aP
SWEET |ornay, Theresa
tohIGINAL SIGNEDO.
.. Epley, 24OOO shares. New Orleans
goio Seaton Veith, 240O0 shares San AS
Stacs, neaas; l.. p. Crigler, 1000 Shares
Zaw n a, Mich Jos. Delery, 1000 shares
OSCAR SCHREIBER.
,agos 'he undersigned Recorder Of Wnrt
ssaaSes' IN and for the parish of orino.
Jl"'e oI Louisiana, do hereLv cor,is ms,