The herald. [volume] (New Orleans, La.) 1905-1953, 1922-11-23
CHARTER.

| tinue In office for one year, and until
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 uneNpired term. The board
OF directors shall, at its first meeting
after its election, select out of its mum
her, president and one or more vice
presidents, and shall also elect a sccre
tary treasurer who need not, however, be
member OF the board. The president
shall have the right 10 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 or alb
sent or about to absent himself shall
have the right to appoint by written in
strument, another director or stakeholder
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
o. directors and officers shall be composed
% the following named persons, who
shan; serve until the election to be held
IN lo23, namely: T. j: Cunningham,
dent; n. q. Frederick, secretary treasurer.
ARTICLE VI-The funds of this corpo-
ration shall be deposited from time TO
time in bank or banks to he 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
doise 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 informality in its Organi-
cation 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
liquidatOr 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-
lions of, and the compensation for such
services, shall be fixed at the time of
election. In case of the death or dis
ability of said commissioner or liquidator
before the liquidation of the affairs of the
corporation. the successor to fill the va
holders
ARTICLE 1N-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. f. Cunningham, |
New Orleans 80 shares; George West |
feldt. New Orleans, La, / share; n. D. |
frederick, New Orleans, La, l share.
Thus done and passed. in my nota rial
Office, at the City of New Orleans. afore-
said, in the presence of /. X. Riddle and |
{. 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. II. Riddle c. NJ. Willink.
ORIGINAL SIGNED)
T. F. Cunningham, George Westfeldt.
n. o. Frederick, l share
Seal HENRY p. DART. Jr.
Notary Public.
i certify that the foregoing charter OF
Delta Stevedoring Company, Inc, dated |
August list. 1922, is q true and correct |
'opy OF the original on file in my notarial
archives.
New Orleans, Louisiana, September Goth.
1922.
SeaD HENRY p. DART Jr
Notary Public.