The herald. [volume] (New Orleans, La.) 1905-1953, 1922-07-27
CHARTER

and i arms and plants,iaIse ~
machinery. boats, '' c, toob
r , necessary or cars Safs AID ~
poses; and in cooOonSenient ".
establish a general TInhectiOn ~
whera BUSINESS snS within e q. M
ness, planting my On am
OF Otherwise incid,oCahtile, Nv
''mpany's objects nlsl to ~
10 acquire, and hi,
or otherwise. prona mold BY pD,,
movable, immoyobbgtdr'y' real ne
same 10 sell. leaso and ni,.s y
Iolhecat", or otborr.H9 Oftgses
n"G very y way whatssoSoIl.D
OF exchange and pro SAe aud ~.
issue bonds; to bU hun Ss.A
construct, maintain Wy lease
in co o1iz 81 Incident lent . t iSS' e
lease real estate or no % buy, -
IN 'nr course and condbgc s,fsoHal ~,
Otherwise; On With alS
To acquire by nr
anu to hold for ih rul.hase o.
70 sell. assign. transtslnen q e
or Otherwise disposa nOrts,,
securities or eyidenos Oh bOsJ,
a ,n,.,. shares Of capital 81 ~. ildsbs
corporation or tor T, STOCK q ~
OF associations, whetbsa.u -.
.I'S'lc and while the o,. iofsa
10 exercise all the iOshe' d IN
privileges Of owna,spslS, bS
~ ri-n u TO vote thereon, II iilehts
~ natural person might q 'S \. u,
And generally 10 A. 20;
t fI,a a i EAT that may relate 81 =! a,a
'"T T,' objects and purposes b :, ,'l-s
The foregoing clauses s, 1s'eii
hoth as objects and ,s sasl Be- N
citation, expression powers ~
si'e'ilt or special pow., oeciias,
herein enumerated, sbSn o.
exclusive, but it is ber , Oe dess
cared that all other iary srpsaS
Inconsistent therewitb S,u pss
a ir.' barob person might have IS, "a
ARTICLE Iv-Tba c,,,,,
corporation is hereby r S. aot
fourteen ,'i9rs thousand (sii.OCO M
vidcd into one hundred Nv %
S ssin6 So Of the par vslus as' t'r
NlC.OO) dollars each az VI @
De common stock, and v,,, y va
be payable in cash =, saleA I'd
scription. At lhe tins
All shares Of stock shanh.
worcestershire. Ve nj N
This corporation shan
tonfern and be authorizes an y
business as soon as IN 40
stock Of fourteen tbons,nsan un
dollars has been SUBSCRIBE hs
Certificates Of stock sh.n % n
the president and the seS,.,S ?. "a,
ana each share Of stock sSsIesa
owner thereof, either in ma. 60.
written proxy, to cast a.. r.'Na
meetings Of shareholders '' ''ss
Any shareholder wish,p, .
her stock must first ors, y, y "
writing, to the other shs,.ha, ~
the board of directors AZ sn =
ceeding the book value tss,..~
BOARD OF directors shan hays =. y
IN which to accept or derIl,.
Should any shareholder maj. "
violation OF this clause ths ~,
null and void. ' an' I
The shares Of stock OF th,,
snail be transferable an a.
TINS corporation only, ana
shall be binding on the Co..
have any effect, unless ,SS ,.S
upon said books. ' "2
The capital stock Of thi. 49,.
may be increased from tine "a A.
amount not exceeding one hu,s,. Y
and dollars, in accordance VIA 4
visions of the law appertaipins ~,
ARTICLE VAN Of the pO,,, ,
corporation shall be vested n ~
cised by a board Of directors -
not less than three and M, -.
seven shareholders, a majcritr 4 !.
tute a quorum for the trsprcs,
business. A majority Of The ba,i \
rectors voting at any one lin. u
required to pass any resolutIo, :
any bylaws, which, when a M.
adopted shall become valid eOrvsas !
k9nuk
The first board Of directors Vi, 4
hold office until the second TusIr I.
February, 1923. the date Of d, ~
meeting of the corporation as 81
fixed, shall consist Of: J. c LDwr|
who shall be president. ISIS sns n
New Orleans, La; J. 7. Lanisis n
shall be yice-president Reny, aIl
Parish. Louisiana: Joe B. Chis 4
shall be secretary-treasurer. l;Al
street. New Orleans. La; ]. T. Cd
1886 Olivier street, New Orleans a =
w. Henry, 1870 Soniat street "
leans, La.
The board of directors EXCEPT . 4
inabove provided for shall Be slrs l
nually at a general meeting Of III 4
holders to be held on the second ID
in February. 1923. and on the nm
and month in each and ever an-1
year thereafter, after fifteen iiH 4,
in writing mailed to each sharsif1s |
his last known address sppesnr 4
the books of the corporation. urls
notice is waived In writing By D 4
shareholders appearing as such qe
books.
Special meetings OF sharshe3n
always be called by the board 4 \
tors, subject to the formalities % 4
as hereinabove provided IN NJ
general meetings.
A failure, however, from M
whatsoever. to hold the ANNA y
of stockholders, or the fallur
directors thereat, shall not opfn
forfeiture Of this charter, nor ~
corporate management but N ~
then in office shall remain IN 30
shall serve until their sucrs.sn
been duly elected, qualified M % ]
Any vacancy in the board d -
from any cause whatsoever, s'il
for the unexpired term BY d. =
directors. And the said boin .
tors shall have power and tln9
make all necessary rules and ia
for the operation and eonifa
business Of the corporation, ~
to make all necessary rules sh y
ARTICLE vI-This aef o. -
ton may be changed, altered q 80
or this Corporation may be dssn
and with the assent Of the h1n
two-thirds in amount Of is %
outstanding stock, at a genaa
convened for that purpose nv
800 days notice In writing niln
Shareholders last known addres
ter fifteen (l5) days publieans1 , Z
the daily newspapers in the cIs
Orleans. and as prescribed " -.
Xhanavar this pOrDOrlflo1 :