The herald., 1921-02-17
CHARTER.

And the said appearers. acting fl their y
said capacities. and in behalf OF SAID cor ;
p~oratiOn. ~ virtue of the authority con-
ferred upon them by the stockholders 81
the said company on the lOth dlE OF
January. 1921. as will more fully appear
hy a certified copy of the resolutions
adopted at the said meeting of IN" stock
holders which is annexed hereto, dt'ltFrl
that a general meeting Of N" >to'Nh'li-
ers of the said Weil-Gutmann supply '"E-
pany was duly convened and hold Af The
offices of the said company iU The CIV pi
New Orleans on the lnth dag % JHhhaL''
1921. for the purpose of con-lirFlL- 'u"
making OF certain changes ara i!H'hA-
rraufS 70 the charter of said col. HauE
that at said meeting tn said ~i''"h".a-
pr~ unanimously voted to amend the I-aT-
| ter thereof. and to authorlz" the NAid ah-
hearers To- come before me the uLd"i.
! signed Notary Public. TO preserve Ann '.i
boy i'm du, legal form. the Sall acton oil
thu stockholders. The said app"1F'FS ae-
! rurIiugIy further declared that they have
appeared bcGor" me-, Notary rum, Hh'tF
thu authorization aforesaid, Tor ih' llF-
pose Of rmbodyiuE in proper an! al-
. thrntic form the action Of the -'''N A',t-
rrs ia altering and amending AFII.i.e ~
and Y of tho charter OF the said company,
80 that said articles shall! hereafter Iran
and be A. follows
ARTICLE W-Thc capital stock Of this
corporation j. hereby nN"d at two nun
drrd and nifty thousand 'S-.,'""',u h'i.,
lars. consisting of twenty-five lunGTrI
shares Of ia" Tar value of on" hundred
$1,000 boz dollars per share. All Of iGr
said stock shall be- common stork Sald
stock shall l." paid for In raN9 or lH
!, equivalent rs provided 10y law. ana IN Suct
b. manner and at such time ana IN Sh'h III
alImrut as may be- prescribed by the
f Board OF Directors. All transfers 't Hlo,N
+, shall be made On the books ~ the com
pany on the surrender Of the outstanding
p certificate ana pursuant to Nuch rules as
/, the BOARD of Directors may prescribe. The
, capital stock may he increased or de
4 creased in accordance with the laws o.
h this State. No stakeholder shall have the
right To sell or otherwise dispose Of his
I stock without first Offering II T." the othyr
!. stockholders through the BoaTd OF III
4, rectorS. mt its book value rs determined bN
a the last annual statement, and thr "iher
:, Stockholders or the Board for Th,M III
proportion TO their respective holdings,
Shall have the right to buy The same Wi,h-
. i'm thirty DAYS for cash: all stock 10 be
4 held subject TO this provision ana any
sale or disposition, pledge or encum-
brance of said stock shan be subject
> 10 the provisions of this charter. Inc
~ Board of Directors shall have power 10
receive subscriptions for all stock not
subscribed for herin and to issue the
same upon the payment as aforesaid Dut
n all such stock or any increase Of the Capl-
~ tai stock must first be offered 10 the own
~ ers of stock at the time OF such Issuance
~ in proportion to their respective holdings.
~ No transfer of stock whatsoever shall be
~ binding upon this corporation until ana
unless made upon its books.
- ARTICLE V-An the corporate powers
of this corporation shall be vested in and
T. the business and affairs shall be managed
~. Nv a Board of three directors. To be
of elected annually on the first MONDAY OF
81 January Of each year. All such elections
ar shall be held by ballot at the once OF the
company under the supervision or two
OF commissioners to be appointed DN tht
~ Board OF Directors.
~ Notice of such meetings shall be given
n5 by the Secretary in writing, delivered L
H. each stockhOfder in person or mailed t'
his last known address at least hVe day
-us prior 10 such election. or by one publlca
ID ton in a daily newspaper OF TINS city, a
least five days prior to such election: Du
, this notice may be waived by all OF tn
me stockholders.
.nG At all elections and at all meetings o
PEI the stockholders, every stakeholder shal
"a. be entitled to one vote for each share Q
NJ stock standing in his name on the DOCK
~; of the company. at the date of said cleo
.hu ton or meeting: said votes to be cast l
.ne person or by written proxy. and The ma
iOrity of the votes cast shall eject. An
hCH vacancies occurring among the director
and for any cause shall be filled by the II
on naming directors. The failure to ,ele'
lui- directors at the annual meeting shall M
Iol- dissolve nor affect the corporation. ~
impair its management in any respect. b'
this the directors in office shall remain IN c
of fee until their successors are elected an
100 qualified.
one The Board Of Directors shall elect
ana soon as possible after their own electro
loch from among their own number, a preside
Tvs and a vice observation-disclosures. and shi
men also elect a secretary who need not De
nor member>Of the Board.
The Board of Directors may from til
10 to time name and appoint all such onice
the agents, - ~ hrnose
M the corporation. They shall nave the DO
M or to fix and define the duties of eve
H. officer, agent, servant and employee:
agents, servants and employees shall M
ereu office at the pleasure Of the Board OF
on r~ectors, unless otherwise specified by CT
Lnese tract. The Board Of Directors may ne
~ and establish, as well as alter and anne
'ns all bylaws, rules and regulations nee
" sary for the management OF the buSin
renee Tbns dnne and nassed at NV office.
n at the City of New Orleans, State OF l.
isiana, in the presence of Messrs. Eldon
y do Lazarus and George w. Simons, com
said tent witnesses, who hereunto sign IN
,rded names with the said appearers and !
the Notary, on the day and date first alb
bind written. after due reading of the VIII
who ORIGINAL SIGNED:
tnrs NJ. G. VEIL.
JAKE Fl. GUTMANN,
re at Vice PRESIDENT Treasures
nd In witnesses: Eldon s. Lazarus, George
itten, Simons.
spack ~ HERBERT s. WE'LL.
wit Notary Publi
with I. the undersigned, Recorder of NJ
after cages, in and for the Parish OF Orlet
State of Louisiana, do hereby certify I
JuIes the above and foregoing act of Anne
ment of the Well Gutmann Supply c
o 7 pany, was this day recorded In my o.
in book 1916. folio -. New Orleans, J
Nd, Nd, utSIGSED1 RoBT. SCOTT.
Iaons by. Re
,+a Una HERBERT S. WE'LL.
SnIy Notary Publ
Folio Jan <V-reo' a.