The herald., 1921-04-21
CHARTER.

| the amount truly paid for the stock and
facts showing the entire bona ides of the
| transaction.
The shares of stock of this corporation
| shall be transferable only upon the books
| of the corporation, and no transfer of any
! stock shall be binding or have any eff
until, made upon its books; and Il prior
/ lien on all shares of stock shall be
! tanned by this corporation on the stock
| of any shareholder for any Indebtedness.
| secured or unsecured. however, evidenced
| or created. due at any time to the cor
pOration by the holder of the stock, and
| no transfer of stock shall be made in con
! tra"ention of these conditions.
ARTICLE V.-The corporate powers of
| this corporation shall be vested in and
| exercised by, Board of Directors. con-
| Slsting of three stockholders, and two
members of the Board shall constitute Il
quorum for the transaction of business.
The first Board of Directors shall be
| composed of William Sterling FIynt,
| Euhlce Louise Flynt and Walter Freeman
| Riggs, whose pOStOffice address is New Or
leans, Louisiana. William Sterling FIynt
| shall be the President of the corpora
| ton; Eunice Louise Elynt the Nice-PreSi-
| dent, and Walter Freeman Riggs the Sec
| rotary and Treasurer, all of whom shall
| serve until the first annual election of of
| tlcers, as hereinafter set forth or until
| their successors are elected and qualified
| The hrSt annual meeting for the cleo
| ton Of officers of the corporation, who
| shall be President, Vice President, and
| Secretary and Treasurer. which last Office
! S S be combined IN one person, snail be
| held on the second Tuesday Of April
| lg22. and on the second Tuesday of April
| OF each year thereafter unless such day
should be holiday, or half-h holiday when
| the meeting shall be held on the next
| succeeding day, not a holiday or half
| holiday. All such elections shall be by
| ballot and held under the supervision of
| Two commissioners, to be appointed by
| the Board of Directors For all elections
OF Directors by the stockholders. at least
hiteen days notice shall be given to each
| stOckholder by written notice served per
| Sonally on the stakeholder or mailed TO
| him at his last known place of residence
| as shown by the books of the corpora
! uon' Each stakeholder, of record as
, such on the books of the corporation, shall
be entitled to cast one vote for each
| share of stock held by him in all cases
IN which stockholders may vote. and such
In writing, which shall be filed with thu.
Secretary.
Immediately upon their election. the
| Board OF Directors shall elect from their
! failure however to hold an election Of
| any character. called for by this charter,
| shall not invalidate this charter or affect
tne existence Of the corporation, but the
| persons in office shall so remain until
| an election is held and successors in Of
| flee qualified. The Board of Directors
nnan nave authority at any time to ap-
point an MISUNDERSTANDING or Assistant
| treasurer, or both, who shall be clothed
with such functions as the BOARD of hi
rStrlors may determine. Such Assistant
| secretary or AsSiStant-TreaSurer shall
! not, however, be member of the Board
| or Directors. and need not he a stock
| holder of the corporation.
| All vacancies occurring on the BOARD of
| Directors between elections shall he filled
| by the remaining Directors for the un-
expired term of said Board; and any Di-
rector shall be entitled to appoint by
| written proxy, to be filled with the Secre-
tary. another Director or stakeholder to
act Tor him as Director, when such Direc,
tor cannot himself act
| All employees of the corporation shall
| of Directors.
The Board of Directors shall be entitled
! 10 dratt bylaws, rules, and regulations
Tor the corporation and the transfer of
| stock, not inconsistent with the proyisions
/ OF THE charter or any provisions of law
provided the stockholders may them
| selves amend, modify, or change any nv
ings.
Any Director may at any time be re-
| moved ny vote of the stockholders and
sgeh removal shall ipso factO vacate the
] once such Director may have held and
! terminate any emOluments of the Office
| pom such removal, the Board of Direc-
uors snail be entitled to ill the vacancy
unless the stockholders should Themselves
elect 70 do so at the time of making re-
mOval -
ARTICLE VI.-Whenever this corpora-
, tiOn shall be dissolved, whether by ex-
piratiOn of its charter or otherwise tNyo
! llquidating commissioners shall he elected
Dy the shareholders to wind up the af
lars OF the corporation. In the event
OF the death of one of these liquidating
commissioners. or of the inability of one
| 10 act, the other chall continue in office
/ alone, unless the stockholders shall see fir
; 10 eiect a successor to fill the place of the
| lhcapacltated, or deceased. liquidatOr The
| meeting to elect such successor shall he
called in the same way provided for the
| meetings. for the election of Directors of
the Corporation.
Ihus done and passed, at my Office i'm
the City of New Orleans State of Touis
| lana' on the day. month and wear first
above written. in the presence of Louis
ni1ert Murphy and Fernand f. Teissier.
nlaIes, over fourteen years of age. resid-
ing in this Parish. competent persons.
VINO hereunto sign their names with the
ing of the whole.
| ORIGINAL SIGNED:
William Sterling Flynt. 2SO5 Carondelet
Street, 30 sharec; Walter Freeman Riggs
1916 Baronne Street. 40 shares; Eunice
Louise flynt. 2SO5 Carondelet Street Is
shares Mabel Eleanor Riggs, 1916 Ba-
witnesses: Louis Albert Murphy. f. F..
Teissier.
WM. J. FORMENTO.
| Notary Public
| l, the undersigned. Recorder of Mort
cages In and for the Parish of Orleans
state OF Louisiana, do hereby certify that
ton of the Flynt yarnish Works. Inc
was this day duly recorded in nv office
IN Book 1888, folio 1888, New Orleans, April
18th, 1921. f
tsIGNED) RoBT. SCOTT.
A true copy from the original.
| WM. j. FORMENTO,
| All, ., Notary Public.