The herald., 1921-12-29
CHARTER.

| cancelled" prominently across the race
thereof and erase the presidents sigma
! ture therefrom before issuing new GER
tificate.
ARTICLE VIII-At all elections by or
meetings of the stockholders each share
shall be entitled to one vote to be cast
either by the person ia whose name the
stock appears on the books of this cor
poratiOn at the time of voting or by an
attorney holding said stockholders writ
ten proxy.
! ARTICLE IX-The business and cor
porate affairs of this corporation shall be
! transacted by board of directors. OF not
| less than three directors, nor more thah
five directors. to be composed of stock
holders thereof and they and each OF them
/ shall he elected at a meeting 10 be held
| for that purpose.
Any vacancies in the board of directors
50 elected shall be filled by the said
| board of directors. Everett ). Thompson
| go Huling street, Memphis, Tennessee" :
! Corlcy Gee Price 622 SO. Trust Building.
! Little Rock. Arkansas: Charles &. Ihomp-
| son. SO IulinE street. Memphis TenncS-
| see: Russell II. Thompson. 323 " est
! Second street, Little Rock. Arkansas.
| shall constitute the first board of dircc-
| tors and shall hold office until the first
| Tuesday after the second Monday in No
/ vrmber 1922 or until their successors
are elected and qualified, and each sub
| segment board shall have their seats i'm
mrdiately following their election, or aS
soon thereafter as practicable and shall
hold their office until their successors
shall have been elected and qualified. Tn"
directors h"reinabOye named shall elect
their own officers.
The officers elected and designated to
serve until the first Tuesday after the
second Monday in November, 1922, or
until their successors shall be elected, are
as follows: Everett ). Thompson, preSi-
dent. G6 IIuling Street. Memphis. TcnncS
see; COrley Gee Price. vice-preSidcnt. 90
So. Trust Bldg, Little Rock, Ark;
Char les G. Thompson, second vice preSi-
dent. 66 liuling Street, Memphis Tenn;
Russell ii. Thompson, treasurer, 323 West
Second Street, Little Rock. Ark.
ON the first Tuesday after the second
Monday in November, 1922. and annually
thereafter. an election of directors, by
stockholders shall be held ut the office of
tn" corporation after fifteen days notice
thereof shall have been given by publica-
ton in one of the daily papers in this
city. by three publications thereof dur
ing said time the first to be made fifteen
days prior to said meeting. Every board
of directors shall at its first meeting af-
ter its election or as soon thereafter as
practicable. elect from their own number
president. vice-preSident, second vice
president and treasurer. The board of
directors shall also elect a secretary. who
may or not be member Of the board.
The office of the secretary and treasurer
may be filed by one ard the same person
at tine hlStTttlou Oi the DOdTu.
\ failure To elect directors on the date
above specified shall not dissolve the cor
pUration, but the then existing board of
directors shall continue in Office until
their successors are elected. Fifteen days
prior notice shall be given In the manner
herriuabOye provided, which notice shall /
be full and complete notice to all stock /
holders of such meeting.
Any director shall have the right to be I.
represented at any meeting of the board /
a
attorney holding said directors written 4
proxy.
The majority of the members of said .
board Of directors shall constitute a quo .
rum for the transaction and mana cement |
of all business of said corporation They .
may make such bylaws, rules and regu-
lations a. they may think proper for the /
transaction of the business and affairs .
OF said corporation, and change, alter and .
amend same at pleasure; appoint and fix 4
salaries of all officers, clerks and en-
ployees the same to change and dismiss |
at PLEASURE. fix salaries for officers pro-
'ided for herein: sell, convey, mortgage,
pledge lease ana purchase property,
moVal le. immOvable and personal, Dor
row money. issue notes and bonds, lend
money, make contracts and sign and
cause 10 be signed all necessary acts.
deeds, etc. to take judicial proceedings
IN the name and on behalf of this corpo-
ration. and TO do all things which may be
necessary 10 be done in the management
OF said business and may be permitted
by laws applying to corporations and de-
clare dividends.
ARTICLE X-This act of incorpora-
lion may be changed, modified or altered
or said corporation may be dissolved |
with the assent of twO-thirds Of the
amount OF stock present or represented
al any general meeting of the stock
holders Of said corporation, convened for
nat purpose after previous notice given
n the manner hereinabove set forth in
article TX. But any and all meetings of
stockholders, whether for purpose of
liquidation or for any other purpose,
nay he held at any time without notice
~ unanimous consent of all stockholders
n writing filed with the secretary.
ARTICLE NI-The president. or acting
resident, may in his discretion and
'hall upon the written request of one
call special meeting of the
stockholders of this corporation.
ARTICLE NII-NO stakeholder shall
Yer be liable or responsible for the con
racts or faults of this corporation in any
urther sum than the unpaid balance due
" the company On the shares owned by or
for by him; nor shall any in
ormality in the organization have the of.
Get of rendering this charter null or OF
'NPosihS the stockholders to any liza
'ility.
ARTICLE XIII-wheneyer This cor
'oration is dissolved either by Limitation
n from any other cause. its affairs shall ;
'e iquidated under the superintendency
u three stockholders. to be chosen for |
hat purpose by two-thirds in the amount |
II the stockholders present and repre-
ented ut general meeting of the stock !
FOLDERS at which the election is held !
'ald commissioners shall remain in office !
htil the affairs of said corporation shall :
ave been fully liquidated. In case of the !
eath or one of the commissioners or re- ,
usal or inability to act. the surviving !
n remaining commissioners shall con- ! l
inue 10 act. and shall select another Z
tockholder in the place and stead of the ;
commissioner who shall have ceased TO I
ct. "
This said charter shall serve as the J
rlglhal subscription list. the subscribers .
ereto having set opposite to their respec- :
I'VE names the number of shares of stock a
'r which they have subscribed. =
mus done and passed in my office I'm ,
Ne city OF New Orleans aforesaid. on the :
ay, month and year first above written.
the presence of MesSrs. Charles & Eos .
'r and Edmund II. Mabry, competent =
residing in this parish. who
ereuhto sign their names with the said :
irties and me, notary, after due reading =
the whole. y
ORIGINAL SIGNED):
T.. y Thompson, Sc Huling St. Mem ~
~ ms rem, 30 shares; Corley G.. Price =
southern Trust Bldg, Little Rock, ~
TN. % shares; Chas. G. Thompson, Sc -
Iullng st, Memphis. Tenn, 80 shares. >
uSSeil ii. Thompson, 323 West Second =
L. Little Rock, Ark. so shares: Chas O. =
thompson Trustee 66 HuIinp ST Men II
his Tenn. 200 shares. Ut -"en'- s.
II "