The herald. [volume] (New Orleans, La.) 1905-1953, 1922-11-16
CHARTER.

| tinue in Office for one year, and unit
their successors have been duly elected
aud have qualified. No failure to elect
shall operate the forfeiture of this char
ter. Any vacancy occurring on this
board shall be filled by the remaining di-
rectOrs for the unexpired term. The board
of directors shall, at its first meeting
after its election, select out of it's NUM-
her, president and one or more vice
presidents, and shall also elect a secre-
tary treasurer, who need not, however, be
member OF the board. The president
shall have the right to appoint and dis
miss the clerks. and other employees of
said corporation at pleasure, and as the
interest and business of the same may de
mand He may exercise this authority by
proxy. Any director being sick alb
sent or about to absent himself shall
have the right to appoint by written in
strument, another director or STOCKHOLDERS
to act as his proxy in his stead at any and
all meetings of the said board of direc-
tors during his absence. The first board
of directors and officers shall be composed
of the following named persons, who
shall serve until the election to be held
in 1873, namely; T. j; Cunningham,
dent; n. o. Frederick. secretary treasurer
ARTICLE vI-The funds of this corpo-
ration shall be deposited from time to
time in a bank or banks to be selected by
the board of directors. All checks, notes.
or other Instruments drawn, executed or
issued. in the corporations name and be-
half, shall be signed by the president or
the vice-president, and the secretary
treasurer. No officer shall thus sign or in
dorse the name Of the corporation save
strictly in its concern.
ARTICLE Vino stakeholder shall be
held liable or responsible for contracts
faults or debts of the corporation, nor
shall any mere inf0rmality in it's organi-
zation have the effect of rendering this
charter NULL or of exposing any stock
holder to liability beyond the unpaid bal
ance due on the shares owned by him.
ARTICLE VIII-This act of incorpora-
ton may be changed, modified, or altered
or this corporation may be dissolved
with the consent of the stockholders own
ing two-thirds OF all the stock of this cor
poration, at a general meeting convened
for that purpose. and after at least three
days written notice of this meeting shall
have been given through mail. addressed
to each stakeholder at his last known
place Of residence. In case OF dissolu-
ton by the expiration of this charter. or
otherwise, the stockholders shall elect a
lNuidatOr from among their own num-
Der. who shall have full authority to set
tie and wind up the business and affairs
Of the company. The terms and condi-
tions of. and the compensation for such
services, shall be fixed at the time of
election. In case of the death or dis.
before the liquidation of the affairs of the
corporation, the successor to fill the va
cancy may be appointed by the stock
holders.
ARTICLE IX-Any and all notices and
delays provided for by this charter may
be waived by the unanimous consent OF
the stockholders or directors unless ex-
pressly prohibited by law.
ARTICLE X-The names and postOffice
addresses of the subscribers to the CAPT.
tai stock of this corporation, and the
number Of shares subscribed by each of
them, are as follows: T. +. Cunningham.
New Orleans, 9S shares; George West
feldt. New Orleans, La, l share; n. d.
Frederick, New Orleans, La, 1 share.
Thus done and passed, in my notarial
office. at the City of New Orleans afore-
said. in the presence of /. X. Riddle and
c. NJ. Willink, competent witnesses, of
lawful age and residing in this city, who
hereunto subscribe their names, together
with said parties and me, notary, on the
day and date set forth in the caption
hereof.
Witnesses: 1. r. Riddle, c. NJ. Willink
lORIGINAL SIGNED)
It. +. Cunningham, George Westfeldt
y. o. Frederick, i share.
Seal HENRY p. DART, Jr.
Notary Public.
i certify that the foregoing charter of
Delta Stevedoring Company, Inc, dated
August 1st, 1922 is true and correct
COPY of the original on file in my notarial
archives.
New Orleans, Louisiana. September Goth,
1922.
SeaD HENRY p DART, Jr,
Notary Public
Nov. Dec a.