The herald. [volume] (New Orleans, La.) 1905-1953, 1922-12-14
CHARTER.

of the stockholders at the annual meet
ing or at special meeting called for
that purpose; provided that in the in
terval between stockholders meetings the
tors within the maximum limit above
provided. if the stockholders shall not
have elected the same. A majority of
the board shall constitute a quorum. Said
Board of Directors shall be elected an
nually at a stockholders meeting to be
held annually at the office of the cor
of each year (or the next legal day, If
| that be a holiday, after notice given to
each stakeholder by mail at least fifteen
days before the date of the meeting. ad.
dressed to the last designated address of
| the stakeholder, or If he has designated
| no address to the General Delivery at
New Orleans. Special meetings of the
stockholders may be called by the board
at any time and notice thereof shall be
given in the manner provided for annual
meetings; provided that in all cases all
| notice may be waived by unanimous con
! sent Each shareholder shall be entitled
| to one vote for each share of stock stand
| ing in his name on the books or the
corporation, said vote to be east in per
son or by proxy, and a majority of the
votes east shall elect. Failure TO elect
directors on the day specified shall not
dissolve the corporation, but the direc-
tors then in office shall remain in office
until their successors are elected. The
Board of Directors shall have power to
fill all vacancies which may occur or in
board, even though no quorum remain
at the time such vacancies are to be
filled. The board shall elect from their
number president, Nice-president, a
from time to time the board may dis
pense with any of said officers, and or
may combine and or separate any OF
them and or may elect such other ON
GERS as they may think proper or con-
vcnent for the carrying on of the com
pany's business, and may provide that
10 hnr M
the board or stockholders; and they
shall fix the salaries of the officers
agents and employees. At any meeting
of the Board of Directors any director
| absent from the meeting may be repre-
scented by any other director, who may
cast the vote of the absent director ac'
cOrdng to the written Instructions either
; general or special, of said absent director
, When authorized by a vote of at least
two thirds in amount of the stock Of the
company outstanding at the time, by
their consent in writing or by their af
the stockholders called for that purpose
e the directors of the corporation by q
twO-thirds vote shall have the power tC
sell, lease. assign, transfer, convey OF
otherwise dispose of all of the property
movable and immovable, of the corpor
alton as an entirety, upon such terms
land conditions and for such consider
; ations whether in cash, bonds, stock II
other companies or other property, a.
in their discretion the directors may
, deem advisable.
The Board of Directors shall have au
thority to make and establish as wei
= as alter and amend all bylaws, rules
and regulations necessary and proper fol
r the support and management of the bust
ness and affairs of this corporation and
a not inconsistent with this charter; ant
\ they shall have power to authorize thu
. borrowing of money and the issuance o.
i; notes and the execution of pledges ant
r mortgages, and generally to do all things
| DrODel
!, carrying on of the business of the cor
n pOration.
/ Until general meeting Of the stock
Q holders for election Of directors to D.
Q held in 1923, or until their duly qualified
n successors are elected and installed, tn
' Board of Directors shall be composed o
4 the following:
d A. Kaplan. Crowley, La; Albert Mackie
: leans, La: /. NJ. Lichtenstein, 922 Gravie
$ street, New Orleans, La; s. w. Lichten
o stein. 90 Gravier street, New Orleans
y La; Henry f. Gumbel; s3s Gravier street ss
r Gravier street, New Orleans. La: J. W
r Barkdull, 325 Baronne street New Or
:. leans, La: f. A. G. Bright. New Orleans
Il La: J. Blanc Monroe liza Carondele
o building, New Orleans, La: Monte N
e Lemann, TIA Carondelet building, New
o Orleans, La.
/ OF these A. Kaplan shall be president
y Albert Mackie, vice-president; |. NJ Lich
% stein, treasurer.
i ARTICLE vi. This act Of incorpor
O. alton may be changed. modified Q
Vote or the If tSe en
$, capital stock present or represents, "a,
D. convened for such purpose, after pr.
= the manner above required to be give
rs of the annual meeting Of the. corporation
m ARTICLE VII. II this corporatio
v shall be dissolved, either by limitatio
e. be liquidated by three commissioners
IN be appointed at the meeting Of stool
1: holders convened for the purpose /.
SadstCI th nd SonS
Of a parity. Said liquidators shall renal
ne in office until the affairs Of the corpo
Or alton shall have been fully settled an a.,
al power and authority to transfer and gi'
is title to all the property and assets =,
IN the corporation, and to distribute q
D. or resignation Of one iiquidator, Il
es vacancy shall be filed by the survive
it ARTICLE VIII; No stoek l,,,, rs sh !,
ever be held liable 81 or resPonsioe fET
of ance due on the shares Of stock own'
10. by him. nor shall any mere informant
us dering this charter null, or Of exposiI
OF any stakeholder to any liability beyoi
u the unpaid balance due on his STOCK.
n. In order that this charter may ser
OF as the original subscription list, the su
re. scribers hereto have indicated opposi
be their respective signatures the numb
u of shares Of stock subscribed for by ea'
DE Of them.
So Thus done and passed at my notari
~ ~ office in the city of New Orleans. sta
he Of Louisiana, on the day, month al
he year first hereinabove written, In
70 presence Of Shirley Hoffman and Mel
" Dillon competent witnesses, who ha
IL hereunto subscribed their names togeth
he with me, notary, and the said appeare
AZ after due reading Of the whole.
we Names Of original subscribers omitte
~ Witnesses: s. Hoffman, N. Dillon.
ne WATTS K. LEVERICH,
Dr. Notary Public
en "A true eoPy ,rrS Y JrvEPICH
en- 81. Notary Public
on Nov. 16-Dec. 81
FOR