The herald., 1921-03-10
CHARTER.

That on this 9th day of the month of Feb,
ruary, in the year of our Lord, one thous
and nine hundred and twenty one. and \
the Independence of the United States n
America the one hundred and forty -6fth
before me, Watts X. Leverich a no.ary
public. duly commissioned and auall6ed
in and for the aforesaid Parish and State
and in the presence of the witnesses here
matter named and undersigned. personslr
came and appeared Abrom Kaplan ana
Isaac NJ. Lichtenstein, herein appearing n T
their respective capacities of President an
Secretary OF the Phoenix Deyelopmea
Company, by virtue of resolutions passed
at a meeting of the stockholders Of tk |
said Phoenix Development Company, called
pursuant to due notice. on the 9th day ii
February, 1921. the said Phoenix Develop
ment Company being a corporation organ
lied by act passed before Fred c. Mari
Notary Public, under date of May 3lS
1902, and recorded in Mortgage Office BoOt
I23. Folio -, New Orleans Louisiana
The said Abrom Kaplan and the said Issa,
NJ. Lichtenstein. acting as Chairman and
Secretary respectively of said meeting de-
clared that at said meeting of the stock.
holders held as aforesaid and according 10
law. and the charter of said corporation
all as will more fully appear by reference
to a certified copy of the proceedings Of
said meeting hereto annexed and made
part hereof, il was voted by the unanimous
vote of all the stockholders and Representa-.
tiyes at the said meeting that Article Vi
of the charter of this corporation b
amended so as to read as follows:
ARTICLE VI.-"All the corporate pow.
ers of said corporation shall be vested IN
and exercised by a Board of Directors Of
not less than nine (9) nor more than eleven
I'D stockholders, to be elected annually
on the second Tuesday of May of each year
All such elections shall be by ballot and
conducted under the supervision Of tive
commissioners TO be appointed BY the
Board of Directors for that purpose, Of
which election ten (10) days prior notice
shall have been given by the Secretary to
each stakeholder by notice sent to his last
known address and by ten days notice
published in one of the daily newspapers
of the City of New Orleans. Louisians
each share of stock will be entitled to one
vote, to be cast by the owner either in per-
son or by proxy. The Directors thus elect
ed shall serve and continue in Office until
their successors shall have been elected
and qualified. A failure to hold the meet
ing or to elect Directors on the date above
specified shall not dissolve the corporation
but the then Directors shall continue to
hold their Offices until their successors
shall have been elected and qualified.
Vacancies occurring In said Board from
Whatever cause shall be filled by the re-
naming Directors, and any Director who
may be compelled to be absent may ap
point, under written proxy, another d.
rector or shareholder TO act in his proxy
on said Board and exercise for the tine
being all the powers of such absent d.
rector. Five Directors shall constitute
quorum for the transaction Of any bus
ness. The said Board of Directors shan
make all bylaws, rules and regulations
Tor the government of the business and a.
fairs of the company, and alter, amesd and
change the same at pleasure. They shal
nave power to buy, sell, mortgage, pledse
and lease all property. real, personal o.
mixed. corporal or incorporeal. whenever
In their judgment they may deem such &C.
ton necessary and proper to issue bonos
and obligations or assume the same; 70
make all necessary leases. contracts ana
agreements; hire, employ and discharge a.
officers, clerks, agents and employees; ana
nix all salaries and compensation, and gen
orally to do all things necessary In t1e
premises for the transaction of the busi
ness and affairs of the company"
And the said appearers declared that
they appeared before me. the undersignee
notary public. for the purpose OF piael.s
the said amendment in authentic form, "
the end that the same might be recoroes
and established according to law.
Thus done and passed, at my ONCE,
the City of New Orleans, on the DAY
month and year herein first above wrIt's ~
In the presence Of Albert Mackie and j. ".
Barkdull, competent witnesses. who hsw
hereunto subscribed their names, togetnd
with me. notary, and said appearers' si'u
due reading of the whole.
Original signed.) A. Kaplan,
NJ. Lichtenstein.
Witnesses: Albert Mackie, j. W. Baf'
dull.
WATTS K. LEyERICH,
Not. Pub.
i, the undersigned, Recorder OF NOT
~ t. - NJ sak ~
State of Louisiana, do hereby certify VA.
the above and foregoing Act Of Amendmen
of the Charter of the Phoenix Deseiox
ment Company was this day duly recofa''
| In my Office, in Book 1858, Folio -.
New Orleans. La. February 10th. III
(Signed.) R0BT. SCOTT, Dy. hee'
true copy. (Seal)
WATTS K. LEVERlCh,.
Not. Pub
Feb. 17-Mch, "a