The herald. [volume] (New Orleans, La.) 1905-1953, 1921-09-22
CHARTER.

| no stakeholder shall sell or otharwis
! transfer his stock in violation hereof an,
any such sale or transfer, If made, shall
| ,r void. and this corporation shall be IN
| der no obligation to list said stock on II
| looks or to regard the holder Of the &c:
| ifiratc thereof.
! ARTICLE VII-The corporate powers o
| thi, corporation shall be vested iu and eX
rrcised by a board Of not less than thr,
nor more than hve directors. at the DptioI
u the stockholders, two 10 constitute
quorum for the transaction Of business
| should there be three directors, and tire
| to constitute "A quorum for the trausactio
of business, in the event that there be NOR
than three directors. The directors Of IN
corporation may vote In person or by writ
ten or Geographic proxy at any OF IN
meetings of the board Of directors an,
the board Of directors may delegate am
of its powers TO any officer or Officers. o
any other representative Of the corpora
ton, by appropriate resolution to tina
effect.
The first board Of directors Of this cor
rOTariOn shall be composed Of the follow
ing. Edward Alba, Russell Alba, Charles
.ra. oswald Alba, with the following a,
officers: Edward Alba, President; Russell
Alba, Vice President; Charles Alba, Score
tary; Oswald Alba, Treasurer; and they
shall! serve until the second "wednesday In
January, 1922, or until their successors arr
elected and qualified.
The directors shall be elected anuual,y
at a meeting held on the second Wedues-
uay of January in each year after such
date. Notice of said meeting shall be
given fifteen days prior to the date Of
said meeting, in writing, sent by mail to
each stakeholder, at his last known place
of residence. The board OF directors may
Cnauge the date of SAID annual meeting 10
any other date, by written notice to that
effect, sent at least fifteen days prior to
the date to which said annual meeting
shall be changed. directed by mail TO each
stakeholder, at his last known place of
residence.
Each stakeholder shall. at such annual
meeting or other meeting general or
special, be entitled, in person or by writ
ton or Geographic proxy, to one vote for
each share of stock owned by him. The
election shall be held under such rules and
regulations as may be from time to time
by the board of directors
The directors, when elected, shall hold
office for one year, or until their success.
sors shall have been elected and qualified
and failure to hold the annual meeting Of
stockholders, or TO elect annually direc-
tors, shall not operate the forfeiture Of
this charter or any rights hereunder
Any vacancy occurring in the board Of
directors may be filed by the directors for
the unexpired term.
ARTICLE VIII-This charter and act OF
may be changed, modified
altered or amended by and with the con-
sent of three-fOurths of all the stock pres
ent or represented at a meeting general or
special held for that purpose; and such
may be material or immaterial
subject only to limitation as may be by
law provided; and this corporation shall
have the right and power TO increase or
decrease its capital stock as hereinbefore
set out. and any increase OF the capital
stock, in excess of the amount named here
In as the amount to which the capital stock
may be increased, may be made by a three
fourths vote of all outstanding stock
ARTICLE IX-Notice of any and all
meetings referred to in this charter or
by law, shall be given in the man.
ler provided for giving notices in the case
II election of directors or by publication
,f such notice for fifteen days previous TO
such meeting in any daily newspaper in
ne city of New Orleans, unless the notice
IF such meeting shall have been waived
he stockholders and directors having the
light by this charter TO waive notices at
my time. and for any meeting.
ARTICLE Kin case Of the dissolution,
or termination Of this charter
" limitation or otherwise, the affairs of
he corporation shall be Hquidated by one
birds vote Of the stockholders, who may
)rovide the number Of said Iiquidators
nd vest them with such power and au-
hority as may be by law permitted. fixing
he terms and conditions upon which they
hall serve, and their compensation. and
provide that in case OF death or disability
4 any one Of said liQuidators, the remain |
ng hquidators may fill the vacancy or |
ontinue TO act on behalf Of the corpora
ion.
ARTICLE XI-No stockholder Of this |
shall be liable or responsible |
or any costs, contracts. debts or faults |
this company or any OF its officers, nor |
hail any mere informally in organize
ION have the effect of rendering this char
Ar null and void, or Of exposing a stock |
older to any liability beyond the unpaid
alanee due on the stock held by him.
ARTICLE XII-The Subscribers hereto
ave written opposite their names the
lumber Of shares subscribed to by each
ne OF them, and their post Office adj
resses, so that this charter may serve as
subscription list; all Of which subscrip-
ons are payable in the manner and form
e out herein, and as provided for in Act
y OF the General Assembly Of the State
Louisiana Of 1914
Thus done and passed at nv office ia
'e City Of New Orleans. Louisiana, on
Is. month and year herein first above
rltten, and in the presence OF A. Holland
"a h. X. Burkhardt, competent witnesses .
no have hereunto signed their names,
gether with the said appearers and me,
'Iafy. after due reading Of the whole.
witnesses: A. Holland. H. R Bark
irdt.
WILLIAM 7. GUSTE,
Notary Public.
! hereby certify the above to be a true I
ID correct copy Of the original on file in |
V Office.
WILLIAM J. GgSTE. s
49, q. Notary Public. 1