The herald., 1922-11-30
CHARTER.

the stockholder, or If he has designated
no address, to the General Delvery at
New Orleans. Special meetings OF the
stoc kholders may be called by the Doaru
at any time and notice thereof shall De
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 OF the
corporation, said vote to be cast in per-
son or by proxy, and a majority of the
votes cast shall elect. Failure to elect
directors on the day specified shall not
dissolve the corporation, but the dlrec-
tors then in office shall remain in office
until their successors are elected. The
Board of Directors shall have power to
fil all vacancies which may occur or IN
any manner arise or be created on the
board, even though no quorum remain
| at the time such vacancies are to be
| filled. The board shall elect from their
secretary, and a treasurer; provided that
| 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 Off
GERS as they may think proper or con-
venient for the carrying on OF the com.
pany's business. and may provide that
the board or stockholders; and they
shall fix the salaries OF the officers.
| agents and employees. At any meeting
1
| absent from the meeting may be repre-
| scented by any other director. who may
cast the vote of the absent director ac-
cording to the written instructions, either
general or special, of said absent director.
When authorized by vote Of at least
two-t thirds in amount Of the stock of the
company outstanding at the time, by
their consent in writing or by their ar.
the stockholders called for that purpose.
the directors Of the corporation by a
two-thirds vote shall have the power to
sell, lease. assign, transfer, convey or
movable and immovable. of the corpor-
alton as an entirety, upon such terms
and conditions and for such consider
atoms, whether in cash, bonds, stock in
other companies or other property as
In their discretion the directors may
deem advisable.
The Board Of Directors shall have au.
. thority to make and establish as well
as alter and amend all bylaws, rules
and regulations necessary and proper foi
: the support and management OF the busl
ness and affairs Of this corporation anG
. not inconsistent with this charter; and
they shall have power to authorize the
borrowing of money and the issuance Of
notes and the execution of pledges and
mortgages. and generally to do all Things
necessary or convenient for the proper
: carrying on of the business Of the cor
, pOratiOn.
Until a general meeting OF the stock
; holders for election, Of directors to d
held in 1923. or until their duly qualified
successors are elected and installed, the
, Board Of Directors shall be composed Of
! the following:
ii A. Kaplan, Crowley, La; Albert Mackie
Tchoupitoulas and Julia streets, 600 New VI
leans, La; 1. NJ Lichtenstein, 922 Grav1e
$ street, New Orleans, La; S. w. Lichten
D STEM 922 Gravier street, New orleans
' La. Henry e. Gumbel s3s Gravier street s1
S Ssw Gri stres New New 6f fsssr Ia
. leans. La: E. A. G. Bright, New Orleans
5aa5s R ae% 6 NGn1Ss La La
e Lemann, lila Carondelet building, New
o Orleans, La.
: OF these, A. Kaplan shall be president
+ Albert Mackie, vice president l. NJ; Lien
: tenstein, secretary, and s. W. Lichten
T., ARTICLE vi. This act of incorpoI
, alton NAV be changed, modified Q
4 amended, or the corporation dissolved
!. by a vote of two-thirds OF the entiI
! capital stock present or represented
> a general meeting of the stockhoiaei
), convened for such purpose, after PR
s. vious notice shall have 6een gwen n,va
:. of the annual meeting of the corporation
n ARTICLE VII. If this corporate
y shall be dissolved, either by limitatio
, or from any other cause, its analrs sha
e. be liquidated by three commissiSne s,oc,
/: holders convened for the purpose a.,
Is liquidation, and to be elected by u
e. vote of ali the stockholders voting upt
Of a parity Said liquidators shall rema
he in office until the affairs of the corpo
or alton shall have been fully settled ar
ID iiquidated. and they shall have ~
Is title to all the property and assets
IN the corporation. and to distribute z
Sc proceeds In case Of death, disabili
D. or resignation of one liquidator, I
es vacancy shall be filed by the survive
n ever be held liable or responsible for {
s. contracts or faults Of said corporation
al any further sum than the unpaid OF
of ance due on the shares OF stock own
TO- lby him, nor shall any mere informail
in organization have the effect OF re
seTns sto ths Ssarf to LIABILITY Seyo
d 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 oppos
De their respective signatures the NUM-
T. Of shares Of stock subscribed for py Gu
pe Of them.
NO office in the city of New Orleans, sta
he | Of Louisiana, on the day, month a
he he ! year first hereinabove written, in {
nc nc presence of Shirley Hoffman and Mel
~ Dillon, competent witnesses, who ma
,If thereunto subscribed their names togetf
with me- notary an M the fSe W Sdo
ue Names of original subscribers omitte
I've Witnesses: s. Hoffman, N. Dillon:
a ,ne WATTS X. LEVERICh,
oI Notary Public
zen zen WATTS X. LEvERICH,
Ell Notary Public
" Nov "a. nac 81