The herald., 1921-01-13
CHARTER.


agents and employees: fix all salaries anu
and generally TO do and per
form all things necessary IN the trans
action of the business and affairs OF tu'
provided that the Board may
delegate to the President, or other persons
selected by it, or to such COMMITTEES as
may create from among th'ir huHp'I'
such authority as they may deem proper. =
The officers OI the corporation ShaIl h' |
n President Il Nice-Presidcnt, a secretary |
nually by the Board of directors. Inc |
and a Treasurer, who shall be elected an |
nrst Board of Directors shall consist oI
six stockholders, four of whom Shall con
stitutc a quorum, and a majority Oh mos
in attendance shall transact all cuisines
and shall consist Of: Martin hroH. Iul's
Lphauca, Ir., Charles y. btSport", Sr-
Jobn w Eugelhardt Jules Lananca, ST
and Charles \. DcSportc, DR.. VINO Suil
hold office until the 10Th day OF NoNrin
her 1923 or until their successors are
duIy elected and qualified, with the Salu
Iohn " Engelharut as President. the Sal~
Charles y DeSpOrte, Sr., as Nlce-freNidehl.
the said Jules Labanca, Sr., as secretary
and Martin kron as Treasurer. 49,
ON the 10th day of November, l'-". an"
every five years thereafter, or as soon a.
possible after said date, mt meeting o.
| stockholders called for that PURPOSE an
| election of Directors snail he held at lh'
| office of the corporation, after ten cay 3
| written notice mailed to each StOckholivi
| at his last known address. At Sald enc
| ton each stakeholder shall De thIllIru |"
| eli
| lied written proxy, one vote Tor tdth Shdi'
| of stock not in excess of One-tcnth OF tht
CAPITAL. owned by him and OF record III
his name on the books of the corporation
| at the date Of the election, ana i ma
} iority of stock present or represented Shai'
| na sufficient to elect. Vacancies IN the
| Board of Directors shall be hlled 10y il
from among the stockholders OF the COZ
pOratiOE. Failure to elect directors Ola
The day above specified shall not disSoly,
| the CORPORATION, but the directors thth III
office shall remain in Office until their sue
| crSSOrs are duly elected ana quahhtd. l,u'
notice of another election shall FORTHWITH
be given as above provided, until an cleo
| ton shall he held.
ARTICLE NI.-This act OF lncorpora
| ton may be changed, modified or allefed
| or this corporation may be dlssoIVtu ah'
its business terminated. by ihe vote q
| hree-fourths of the capital stock prcseh
or represented ut general meeting oi l.
stockholders at the doInlclle Oh the cur
poration, convened for that purpose o. 'ti
days written notice given 10 each Sex
holder at his last known address, anu II
I case of failure to designate an address, L
7 the General Delivery at Me- Orleans au'
i'm the event of dissolution, the allalrs o
! the CORPORATION shall be liquidated by on
- | or more commissioners elected at SUI
u | meeting by like vote, ana such llqulu"
T ton shOll be made under such regulation
J. and instructions as may be adopted by IN
g Stockholders. Any change which may Pre-
o pose an increase in the capital STOCK sha
Il be y ade in accordance with the laws
e Louisiana on the subject of altering III
If conitaI stock. and it may be increased upO
the affirmative vote of twO-thlrds Oh u
Z! stockholders of the corporation.
ARTICLE VII.-No stakeholder or IN
IN corporation shall ever held liable or
Dr. | snonsibIe for the contracts or faults ther
or of in any further sum than the unpaid ia
auce due to the corporation on the shar'
owred by him, nor shaIl any mere =
M formality in the organization, or III u
OF on,endmeuts TO the charter, have the ene
ar of rendering this charter null or OF e
&c nosing stakeholder to any naDlnty L
H. Iyond the amount of his stock.
We ARTICLE VIII.-The stockholders ma
er respectively written opposite their nam
O. the amount of stock In TINS cOrpOrati'
subscribed for by each of them, SO IN
this act may served as the suDscrlpu
m. list of said corporation. oaao
Thus done and passed, at my once
the city of New Orleans, on the day "a
date first above written, in the presen
IT. | of Solomon 5. Goldman and ECWlh
rs | prinZ competent witnesses, who have su
lat scribed their names hereuntO with salu !
IA bearers and me, Notary, after due reaul
&C., of the whole.
in CHE SIGNERS): nj.
TO- Witnesses: Solomon S. Goldman, Ed"
EDWARD RIGHTOR,
Notary Public
,rd 7 the undersigned Recorder of Mo
cages, in and for the Parish OF Orlei,
State of Louisiana, do hereby certify u
!. the above and foregoing Act Oh IHcorPo
ton, of the Citizens Life insurance ~
Il many was this day duly recorded IN
I'D office. in Book 1916, Folio -. New orlea
N9 5SIG%ED1 ~ EMILE LEONARD,
'oA"NHD' ID. L
Or - ''oe EDWARD RIGHToR,
No Notary Public
ara Dec. 2-Jan. @.