The herald. [volume] (New Orleans, La.) 1905-1953, 1921-02-10
CHARTER.

at the annual meetings or at
,,oyided. that in the interval between
meetings the Board itse1
NAV elect additional Directors within the
maximum limit above provided. II the
shall not have elected 1ne
ssme. A majority of the Board shall con-
stitute a quorum. Said Board OF Directors
shall be elected annually at stockholo-
ers' meeting to be held annually at the
ofhce of the corporation on the th1rd tues.
dsy in January of each year Tor the next
legal day IL that be holiday after notice
given 10 each stakeholder by mail at least
tifteen days before the date OF the meet
ing addressed to the last designated al
dress of the stakeholder. or II ne mas
designated no address. to the General De
livery at New Orleans. Special meetings
of the stockholders may be called Dy the
hoard at any time and notice thereof shaA
be given in the manner provided LOT ah-
puaI meetings; provided that in all cases
all notice may be waived by unanimous
consent. Each shareholder shall be en-
titled TO one vote for each share or STOCK
standing In his name on the books OF the
said vote to be cast in per.
son or by proxy and majority OF the
votes cast shall elect. Failure 10 eleCt
Directors on the day above speclned snail
not dissolve the corporation but the d.
rectors then in Office shall remain In once
until their successors are elected. Inc
Board of Directors shall have power 10
fill all vacancies which may occur or In
any manner arise or he created on lhe
Board, even though no quorum remain AT
TN, time such vacancies are 10 be nlled
The Board shall elect from their number
President. Nice-President and a Secre-
tary- Treasurer; provided that from time
to time the Board may dispense with any
of said officers and, or may combine and,
or separate any Of them and. or may elect
such other officers as they may think
proper or convenient for the carrying on
Il, may mr.
vide that such officers may not be MEM
bers Of the Board of stockholders; ana
they shall fix the salaries of the omcers.
agents and employees. At any meeting OF
the Board of Directors. any Director az,
sent from the meeting may be represented
by any other Director who may cast the
vote of the absent Director according 10
the written instructions. either general or
special, of said absent Director. The Board
of Directors shall have authority 10 MAKE
and establish, as well as alter and amend,
all bylaws, rules and regulations neces-
sary and proper for the support and man.
agement of the business and affairs OF
this corporation and not inconsistent with
this charter; and they shall have power
TO authorize the borrowing Of money and
the issuance of notes and the execution OF
pledges and mortgages, and generally 10
40 all things necessary or convenient for
the proper carrying on Of the business Of
the corporation.
Until a general meeting of the stock
holders for election of Directors TO be held
in 1922, or until their duly qualified sue
cessors are elected and installed, the
Board Of Directors shall be composed of
the following:
Felix p. Vaccaro, 344 Camp Street, New
Orleans. La; Salvador DAntoni 344 Camp
325 Camp Street. New Orleans, La: L. j.
de Mond. Chalmette, La; Monte II. Le-
mann, 1l0+ Hibernia Bldg, New Orleans
La.
and any succeeding Board may choose ad'
ditional Directors within the total numeri
cal limit of the Board whenever such tota
limit shall not have been filled by the
of the sss Ss
Salvador D'Antoni, yice-President, and X
P. Batson, Secretary-Treasurer.
ARTICLE yI.-This act Of incorporation
| may be changed. modified or amended, oil
| the corporation dissolved, by vote o.
| two-thirds Of the entire capital stock pres
| ent or represented Mt general meeting o.
| the stockholders convened for such pur
pose, after previous notice shall have beef
| given in the manner above required to b.
given Of the annual meeting of the cor
poration.
| ARTICLE Wilt this corporation shall
| be dissolved, either by Limitation or from
| any other cause, its affairs shall be liQui
| dated by three commissioners to be ap
pointed at the meeting Of stockholders con
L
| to be elected by the vote of all the stock
holders voting upon a parity. Said liQui
dators shall remain in ONCE until the af
fairs of the corporation shall have bee
have full power and authority to trans
fer and give title to all the property an
assets Of the corporation and to distribut
the proceeds. In case Of death. disabilit
or resignation Of one liQuidator, the va
cancy shall be filled by the survivor.
ARTICLE vIII.-No stockhelder shal
ever be held liable or responsible for tn
contracts or faults Of said corporation i
any further sum than the unpaid balanC
due on the shares Of stock owned by hin
nor shall any mere informally in organi
zation have the effect of rendering thi
charter null or Of exposing any stock
holder to any liability beyond the unpai
balance due on his stock.
In order that this charter may serve 9
the original subscription list, the sui
scribers hereto have indicated opposit
their respective signatures the number {
! shares Of stock subscribed for by each
them.
} Thus done and passed at my notari.
Office in the City of New Orleans, Stat
: of Louisiana, on the day, month and yef
first hereinabove written, in the present
Of L. vaccaro and George Perez, comp
J tent witness, who have hereunto subscril
ed their names together with me, Notar
and the said appearers, after due readin
of the whole.
: (ORIGINAL SIGNED):
!: Witnesses: L. vaccaro, George Perez.
III (SEAL
: WATTS K. LEvERICH.
vi Notary Public.
/, the undersigned, Recorder of Nor
3 cages, In and for the Parish Of Orlean
4 State of Louisiana, do hereby certify tn
: the above and foregoing Act Of Incorpor
9 ton Of the Chalmette Oil Refining Cor
e pany. Inc, was this day duly recorded
!. my office. In Book 1926, Folio -.
New Orleans, October 20, 1920.
(SignadN PORT SCnTT n ID