The herald., 1921-02-17
CHARTER.


Board of Directors shall serve until the
first day of February, 1922, or until their
successors shall have been duly elected and
qualified. Thereafter the members elected
TO serve on the Board of Directors SHAH
continue in Office for one year or until their
successors shall have been elected anu
qualified. The Office of Vice President ana
Treasurer is combined. the Vice President
TO perform the duties of a Treasurer also.
The stockholders shall elect a Board or III,
rectors on the first day of February, ana
the succeeding day if the same be a IegaI
holiday. of each succeeding year VINO
shall serve for the ensuing year. Inc
election of Directors shall be by Dallot
and the person receiving the majority Oh
votes cast, either in person or by, proxy,
or both, shall be declared elected. Inc
failure 10 elect shall not be regarded as Il
forfeiture of this charter. For election
PURPOSES. and for any other purpose lhc
holder and owner of stock snail De en-
titled TO one vote for each share thereof
and to east same IN person or by proxy.
\ Director may execute in writing ms
power of attorney or proxy TO one OF ms
/ co-directOrS or to a stakeholder OF the cor
| pOratiOn To act for him and in his stead
A majority of the Directors voting at any
one time AT a meeting of the BOARD OF III
rect0rs shall be required TO east any resp
luton or adopt any bylaw, ana whlch
when so adopted shall become Nallu COT
pOrate act. In case of vacancy on the
Board of Directors. the remaining mem
beers shall have the right 10 NIL such va
cancy. Said Board shall have the power
to enact such bylaws. rules and regula-
lions as in their opinion may be nec"s-
Sary and proper for the manasennehI, oprL,
ALTON and control of the business or sara
corporation. They shall have the rlght 10
employ such persons as they may see III
and to fix their salaries or other compeh-
satiOn.
ARTICLE yI-Notice of all stockhold-
srs' meetings convened and held for the
election of Directors. or for any other fur-
pose, shall be given in writing by the Sec.
rotary and may BE- served personally Oh
: deposited in the mail, ut least httetn uaH
.rior to the holding of such meeting. ad'
{ dressed to each stakeholder at his las
known address as the same may appeal
r on the books of the corporation. ana by
| publication in one newspaper. .publlsht'
M the domicile of said corporation in IN
: English language. at least three times !!
3, ten days. before the meeting Is helu. Ha'
> notice may be waived. however. i'll writlh'
. by all other stockholders. whose, name
appear on the books of the corporation n
shareholders. At all stockholders. meet
ings the majority of the votes east. both i
narson and by proxy. shall he sufficient {
; elect aud determine all questions vote,
!, upOnI except for the alteration amehu
: ment or dissolution of the corpOratiol
when the rules prescribed by law sha|
n ARTICLE Widths act of incorpors
ton may be altered. amended or m"dlhe
n or the corporation dissolved ny Il NoIe :
d twO-thirds in amount of capital STOCK !
h a general meeting of stockholders calle
for that purpose after due notice shalI nay
been given. as provided in Article VI !
this Charter, and according TO law ana
case of dissolution of the corporation u
ID Stockholders at such meeting shall ere
te three commissioners of liquidation. WI
have plenary power ana entire Chatt
Of of such liquidation and shall be NeStt
with full authority, to sell and dispose
r the assets of the corporation. ana sha
have the right TO I'LL any vacancies Tn
NAV occur in their number from amor
-. .,N,lbn1Ior and 70 distribute the DT
t. ceeds after all debts and obligations sh'
IS. have been paid among the stockholderS
at propOrtiOn to the number OF shares ne
ed by each.
IN ARTICLE vITI.-No stockholder sh'
II ever be held liable or responsible for I
Contracts or faults of this corporation
any further sum than the unpaiu pdian
due TO the corporation on the shares ~ ~
scribed by him. nor shall any inIoTHln ~
in the organization have the elect OF re
derinr this charter null. or of exposing
stakeholder to any liability beyond l
amount of his unpaid balance that may
VI. due on his shares of stock.
Thus done and passed in my office,
the City of New Orleans. State OF Lou
~ lana. on the day, month ana year IL
Dr. above written. in the presence OF Jho.
18th Townsend and Joseph Rosenberg com
aar tent witnesses, who have hereunto siSi
ed their names with said appearers ana ]
nee notary. after due reading of the whole;
me 1Original signed.) f.. W
ed loo ElySian Fields, New oIIoans' H.
shares: Albert II. Gershner, 1Si . nag
ity New Orleans. La, IL shares; n. )
Roeuf. 500 Roosevelt Place, New Orlea
the La. siXten shares
ter witnesses: Joseph Rosenberg, Jno.
me Townsend. N,
Ose FRED. NOT fu'
of tho undersigned. Recorder of Nj
and a q, and for the Parish of Orles
did state of Louisiana, do hereby certliy !
ives fbe Act of Incorporation of the Hub a
In Co, Inc, was this day duly recorded
)ar- - esca In Rook 1o53. Folio Il. New
tive nS Ian 10 1921.
the (Signed.) ROBT. SCOTT, by. Re
IRA ~ SooI
and A true COPY nEIpEr, Not Pu
ind l fpD. -MdTCu ".