The herald. [volume] (New Orleans, La.) 1905-1953, 1922-08-24
CHARTER.

! capital stock held by them, or they may
send their votes by letter, the signature
of which must be ACKNOWLEDGED before
notary public. or other officer author
! lied to take affidavitS.
And, Article v Of said charter was re
cast and amended increasing the board
of directors from three TO five stock,
holders and making a quorum consist OF
| three directors, and accordingly, Article
V was recast and amended so as to read
hereafter as follows. tO-wit:
ARTICLE V-The board Of directors OF
this corporation shall consist of five
stockholders, each owning at least one
full paid and unpledged share of the capi-
tai stock, to be elected annually on the
shall hold office until their successors ar"
respectively chosen and qualified. Three
directors shall constitute quorum.
Notices of each annual meeting shall
be delivered personally or deposited in the
post office properly addressed to each
stakeholder ut least fifteen days before
such meeting.
All of the powers of this corporation
shall be vested in and exercised by q
board Of directors, which shall have the
power to adopt and amend by laws, but
all officers, and employees shall hold Of
flee at the pleasure of the board, and all
officers. directors and employees shall
also hold office at the pleasure of the
stockholders, who may displace or elect
the successor of any one, or all of them
at any time, at meeting called for that
purpose, by notice delivered personally 10
each stakeholder or deposited in the post
office addressed TO each stakeholder at
least five days before such meeting. Stock
transfer book shall not be closed until the
date of such meeting.
The president may at any time call such
meeting, and if the president or officer
of the cooperation refuse or fail to call
such meeting when requested, by the
holder or holders of ten per cent of the
capital stock outstanding, then such
such holder or holdes, may personally or
through proxy, call such meeting TO be
held at the office of the corporation. If,
for any reason the use of the office of the
corporation is refused or il cannot con
veniently be used. for such meeting, then
the caller or callers Of such meeting, may.
acting either personally or through poNy,
adjourn said meeting elsewhere and
there hold it,"
The whole of which will more fully APP
pear by the annexed certified copy of the
minutes of said stockholders meeting.
And the said appearers having requested
me- notary public to put said amendments
in authentic form. / do by these presents,
receive said amendments in the form of
this public act. to the end that said
amendments may he recorded and pro
mulgated, and thus be read, into the
aforesaid original charter.
Thus done and passed in my office, in
the City of New Orleans, on the day and
in the month and year first above written,
in the presence Of Felix J. PUG and
who hereunto sign their names with the
said appearers and me notary, after due
reading of the whole.
Witnesses: Felix ]. PUG, Walter g.
Wedig.
ORIGINAL SIGNED
G. +. LEE DUNN,
MICHAEL +. WILD.
(SeaD WM. j. HENNESSEY,
Notary Public
I, the undersigned Recorder of Mort
cages in and for the Parish of Orleans,
State of Louisiana, do hereby certify
that the above and foregoings act Of
of the charter of the Progress
sive Lumber Co, Inc, was this day duly
recorded in my Office, in Book No. 126S
folio -.
New Orleans, August 18th, 1922
(SignedD ROBT. SCOTT,
Deputy Recorder.
| certify the above and foregoing to
be a true and correct copy of the origi-
nal eXtant in my notarial office.
(SeaD VIM. J. HENNESSEY,
Notary Public.
Aug. 17-Sept. 81.