The herald., 1922-08-17
cHARrpo~

ARTICLE I pleasure, ~
TINS corporatior The ca,.,..
twenty-five I'M, is ks..s
ald i afa rseED,rIesentseddd b Do& !,
one Hundred D6l,sot The W. W
De PAD for in ca aIdIs each%
corporation. or ILS ,h SUITS. y
70 II, OF seryicass propsrty
~ Sn- corporation. S SUctIualIyf 81
dSscssdble Oe tully b,S ;,
he capital s,oon
u one Hundred 'g NJ nay =
IN; ;IIc' d Gg issued as saoa aiesst
"hen the conditio.ahe stOCs.,, = q
permits 1t. Tn n Of the -, !
may also reduca Board s~9st
c corn 70 time from H. Sspial
part part OF its shares IN d.
,'I''" lLss from amor be Sc
recorded in such Vns The Sc
'7 V upon BY the Bs 9a,s9I =
10 stockholder sb, Iaa alS.I
wise dispose of bi snal ST.
pnrttlOn without 40 STOCK 7,
"a. s,tl''e IN writing 10 IN ibs't o;i-
e[S' who shall have 'T othe' = (
ot Iie same, and WE. zen tays
So!d 10 the highest bt ;Sjh Ste,
stockholders fail 70 bidder. S1t
, me privileges within '@ll tA,as
tlme' the said stocI, a sad =.
anu so.d to any other may
ARTICLE '. All :, pef'0
P i,i OF this corn y, as u.
vested in and TcppSofstos !.
20 be composed of n S,see By
9tochhoiders, but tbio iess d, n
s siorit : "a ,. from time 70 o'I -,
NeneG. " meeting II /
IN case of any vae,,.
lorshlp through dean II u I.
qualification or ~ feslgla-,
naming directors. by Sua ! \
vote OF a majority q, 'as "a
directors, may elect Ne .,
hoId Office Tor The u, s1eCas
81 gt, iHe term Of the directatp i = q
~ Stt"H DE vacant, and uptg si's
Oh 4 successor. Anv .a u e
pioyeee elected or an,c Ullc,i \
Board Of Directors 1,'.tse
at any time by a VOTE !, Z "a
u ne whole of the stot \. ne u
IL ne Board of Directors "a
discretion, by affirmstiys. nay
majority of the entira ps We
tors, appoint from the Ppo oa q
toIS an executive con%',,a q
leSs than three, Of which ~
ShdII constitute a ouorn, a' I. !
committee may have or q.
powers as may be oonfa.ssus
DE me stockholders. q
Inc board shall elect f,o-
Der 4 president, one or "i. y
presidents, ana a secrs,s., mon I
urer OF the cOrporation ~. q. Y
t"o oIilces may be consi,.I
PEI son and may be filled l.
director or 4 non-stockhoISs,
Any director unable -.
10 act or be present ar ! - ~ Z
give MS PROXY TO any otbsr -, -
act IN his place ana Stead 4'A
Inc Board Of DirectorS s,.,
anu al all times exercise n. !.
corporate power (when rs,iS.,
majority OF the stockholS,rsl
lHs the power TO lease, se1 -, :
OF convey any part Of IN 49,
plant OF the Corporation !, X
property upon which h "a
either IN whole or in part: "a =.
the assets Of the corporafi,, :
whole, and TO merge The s1is !.
alton with any other 60 -
directly or indirectly; and "a r., =.
IN payment OF any such IA. !.
mortgage, transfer or merger 4, .
PAID certificates Of stock Of n, !,
corporation, and to distributs III
paid certificates Of stock n n. =
holders OF this corporation in 4. !
portion OF their holdings her.lr y,
time OF the consummation a ,
transaction; to issue shares a :
up 10 the amount To which ur6s /,
charter, the stock may BE- inr,'
provided the total proposed s--
shall be read at one meeting AZ
over for action at the neri M.
of the Board Of Directors betr, !
adopted, and on such action b, ,
stock shall be first Offered 10 asl
listing stockholders in the propwts
their several holdings, viii !.
days privilege to pay for he 4
before any stock is Offered for 4,
subscription to other persons
The board is given. the authMg
fix salaries and to change tAs {
at pleasure.
The Board Of Directors sAal
elected Immediately after the srul
Of this charter. without notice o. 4
tormality. The board thus elected
serve for one year, or until he
Monday of September. 1874 and d
after, or until its successor 8 "a
and qualified.
At the expiration Of the ten
herein fixed for the first n
the Board of Directors shall b n
at a meeting Of the stockh0ltEi
be held in the city Of New d.
annually on the first Monday q !
in each year, at which =
ing any matter Of interest to q,
Doration may be discussed and Y
as a matter Of course Vi
previous notice.
ARTICLE vi. The eleetio.
Board of Directors, as the otns
Of stockholders, shall be dslsfrl
by a vote Of the majority Of ~ :
present and represented either
son or by proxy, at sucn nssl,
lnless otherwise required By Nv
.een days notice Of all neeunp
stockholders shall be given n ~
rhe notice shall be sent 70 s
postoffice address Of ns y
holder, and the stakeholder ia
.ord his postoffice address w J.
secretary OF the company. In ms =
II his failure to do 50, NJ ".
dressed to the stockholder A. ~.
cans, Louisiana, and deposllse '
,ostoffice at New Orleans Leus y
will be a sufficient notice 70 w y
holder aforesaid. ,.,a., 4
ARTICLE VII. No stocknolos'. ~ ,
,yer be held liable or respenA. ~,
he contracts or faults Oh Ins \, ~
.tion in any further sum ln.a =
,aid balance due the COMPANY
shares of stock owned ?! Va
hall any mere informality ~ ~
alton have the effect Of renosli.'
.harter null, or OF suoleculss
itockholder to any Liability WV
unpaid balance due BY MN, =, :,
ARTICLE VIII. This &c. .Sisg
,oration may be changed, nV s..,cl
.ltered. or the capital STOCK -
II decreased IN the manner p ss,y.'
" law, at a general meeuss ..ss )
or that purpos, after in,
office mailed by the seci.s .ss
reasurer or the secretary n
-
.bove set forth, or delivers
n person. .vsr his
ARTICLE TX. Whenever NJ h
oration is dissolved, elinsi as
ion or from any other CT =, 3
fairs shall be liquidateo " a, -
1issioners selected from so.sIsl .
olders at a general or s ssf,sr %
avs written notice ny .,sry Is y
nd treasurer or the seS Sv ihs 81 !
ct forth, or delivery " eomnie
etary in person; the sas nSs,orir 4
rs to be chosen by a said ~
ote of the stock cast a. thsy ~
Y the owners thereon, .o a. q
n the books OF the cum m pssn
ate of the said meeuns stcck .
v proxy, each share %