The herald. [volume] (New Orleans, La.) 1905-1953, 1922-06-22
CHARTER

to elect and a pOieal and M
ohcers and agents ot such ~
convenience of the az The t,.AL
i als 10 70 make and .SfotOtss
agemrnt Of the cern o,lons 70, Nh
necessary and propey
ChahE' or alter al nj and q, III
ana perform all acts rseeasure; -
ahG necessary to carr u Thing,
ana purposes Of this out 49,
ARTICLE II. All eotpO,,tjs,
legal process shall citation
President Of this cue oe served
and i in a ca' upon The = I'd
d'nt and and Nice-Presideptu &c Of I'm
'aIy n.,. treasurer of this cOS UPON L
ARTICLE III. Tbs ,.U'p''aa9
poses for which this !. objects 4,
ilshed and the narnrs olporatiOp
DE carried on by n VI Tie ~
Orls.ns 40 carry on in t5e
y, ~ 'e %ha,, Ia and elsewbs,ss sit n
% o., NuoiySalt or retail ts,as
anu produce in an II. nut ~
!" 90 any and all busi, pfalas
herewith or incidental i!lsesSes ~
ana sell produce ;AelstO; ~
Ilhts OF business, and Eng 70
necessary and proper w b" % a
businesses 70 carry IN Vafiy
mission business in 80 geassi
chandise and produce u ARs
ARTICLE ". The c,,,..
TINS corporation is hsrsSsp1al L.
Thousand Dollars IsIoU I!o alet
divided into one bundvSsSpNN,
OF Tho par value of o. ll0
tars $4,000 each. which haltu
Tor IN cash, or which mn slaa
property actually receira De la.
poration at its fair ~ bI d,
cent cent, 81 me capital stock .,.I
sSFIu i heiore the tiling Of '.sa
oi incorporation, and df Tr aes d
the saId subscription Sbsn ps q
before this corporation sSapos ID
iZed TO do business. NA4 Be n
The capital stock ~ ~.
may be increased 10 On ny eoJss
sand Dollars (sIOO OO00M huatrss
No transfer # stock shan
on inns corporation unless o
corded on its books mae u
shall have the right 70 ~ w slOda
Ney any of his stock in ,st-A9
10 anyone unless he SHAH wl,s
"ri.ieh oHer 10 the Other ~. =
V %, 'his corporation and 10 ~ a
tioh itself, Offering to sell ~ to' p
STOCK at the book value H." IA
closed AT the end Of the n,aO'S
year. such written Offer sSeH
dressed 10 the then stocthaI1l
corporation collectively. and ~
IlEered at the office Of tbs val
The corporation shall transmi WIN
To the then stakeholder a. ~
or the stakeholder deSirjns "
be distributed pro rats
other tnen stockholders as ds,,. y
chase IN the proportion IN ~,
holdings OF the said stockbaa.a
ing TO purchase bear TO eseS ~
after ten days from the dsli,,.-e
said written offer 10 the co,ne.l.
aforesaid, none Of the oths, ~
holders shall desire m ne W
stock offered at said priOs s
thereof may dispose Of The .'r.
sees hit. saI'
ARTICLE V. All the pou.,,
corporation shall be vested !.
business Of this cOrporation
managed and transacted by
directors TO be composed cf tb,~
holders, any two OF whom All
tute quorum for the transact,
business of this CORPORATION
The Board Of Directors. 10 ha
Board OF Directors, shall h -.
the stockholders of the sad 90!
at a meeting TO be held within n. !,
from and after the date hsrpG !,
said board shall serve until ~,
cessors are elected and QualiSsI
The said first Board Of Dirst,, ]
all other subsequent Boards n -
tors shall, Immediately after AZ, |.
election, elect from their own n,
a President, a Vice President N
Secretary Treasurer, all Of Vhor \
hold their office until their uy~l
are elected and qualified.
All boards, subsequent to d, \
board, shall be chosen at he uI
meeting of the stockholders, but L y
is no such election the old baa n
hold over.
All elections shall be BY ballot
office Of the corporation, under M ~
vision Of three commissioners III
appointed by the board, which u-..
sioners need not be stoekholden 4 i
corporation. Notice Of the annsil II
ing of the stockholders which sAl !
held on the fourth Monday In InxI
and of all other meetings Of h. III
holders shall, unless waived By nj
nous consent, be given by the SersrI
Treasurer, at least fifteen days EE |,
the date Of the said meeting, in VI
either in person or BY mailing 4
notice to each stakeholder si ID
known address. At all said nst1
each stakeholder shall be entitled y
vote for each share Of stock siild-
his name on the books Of the eac|
ton, on the date Of the said md
Said votes may be cast In person
proxy, and a majority Of votes y
shall elect or determine. ProIla
be in writing.
Tire failure to hold elections
elect directors an aforesaid ~
affect or dissolve this corpOrsnn
impair its management In any ~
but the directors then in One
hold office until their successor
elected and qualified.
All vacancies on the Board q
tors, no matter from what ssuk
be filled by the remaining dirsd's
the remainder Of the term. Any
Der may be represented at me -
of the board by a PROXY, shki
must be in writing, and wnin
must be a stakeholder Of nh ~
alton.
ARTICLE vi. This charter ..
amended, altered or modinea,
capital stock thereof may be inue
decreased at a meeting Of ne No.
ers duly called therefor, all u -
by the laws of the state Of ~
now or hereafter to be enaelea !.
of the liquidation OF thls ~
the liquidation shall be enscvss y
commissioners to be chosen .! w
holders. ..,.,,, 4
ARTICLE VII. No Stockholm
ever be held naDle lvl ny .,r "A
faults Of the corporation IN
sum than the unpaid bai4nr b
corporation on the stock oNnss
nor shall any mere informahy ~
organization have the enect y .s
ing this charter null or 81 - - 4
TO any liabln'i ~ ~
amount due and unpaid On as /
ARTICLE VIII. The suDs mao /
this charter have written IA q
their names the amount o. ~ III
.cribed by each Of them ~ nv n
alton, so that this charter I Il
the original subscription " IN n
CORPORATION. and they nave ,Ssslr
their postoffice addresses u
law. 4, M s5sI'
Thus done and passed y 80
the day and date aforesai1i 4 10
ence OF A. 4. Fandal ana y - -
conn etent witnesses, VINO "a N q
subscribed their names ,,ts
appearers and me, Notaf!'
reading OF the whole. n, csth
(Original signed:) JOS s,4a a. d: 1
Orleans, La, 80 shares, S'' u
NINA. New Orleans. La go ~
$4,000; Jos. ,o W; M De'''
La, l share, SlOO.u.