The herald. [volume] (New Orleans, La.) 1905-1953, 1922-05-04
CHARTER.

Whitehall Street, New York, y. Y, with
Noel Armstrong as President, John ID.
Russ as .Nice-President and &. Vincent
Armstrong as Secretary and Treasurer
This Board of Directors and officers
shall continue in force until the third
Thursday in the month of January, 1928,
on which date and annually thereafter
their successors shall be elected, unless
the same be a holiday, when the election
shall be held on the next legal day
thereafter.
Notice of such election shall be given
10 each registered stakeholder in writ
ing, addressed TO said stakeholder at his
last known pOstOfhCe address, as the
same shall appear upon the books Of the
corporation at least fifteen days proceed
ing such election, and the Board OF
Directors shall appoint one or more
stockholders to preside at such election
as commissioners. In the event OF the
failure of any commissioner OF commits
sioners 10 attend, the President shall, by
appointment, hill the vacancy.
Any failure, for any cause whatever,
to elect directors on the date named for
that purpose. shall not dissolve the cor
pOration. but the directors then in Office,
as well as the officers of said company,
shall hold office until their successors
are chosen. In such event the President
shall cause another election to be held
within thirty days and shall give notice
thereof as hereinbefore provided.
At every election and meeting each
stakeholder shall be entitled to vote for
each share of stock registered in his
name, either in person or by written
proxy.
The election of directors shall be by
ballot, and the majority in amount of
votes cast, each share of stock voted
upon being counted as one vote, shall
elect the person or persons for whom
they have been cast.
b ooh OIL. hn ri
tors shall elect from their own number
the officers of said company.
ARTICLE V. The Board of Directors
shall have full power to ill vacancies in
their number caused by death, reSigna-
ton or otherwise from among the stock
| holders of the corporation.
The said Board shall have full con-
| troll of the property of the company and
! shall 80 conduct, manage and use the
! same as in their discretion they deem
| tit and that is consistent to the objects
, of this company for the welfare of the
! same.
The said Board is fully authorized to
| frame and adopt such bylaws, rules and
regulations as the affairs and business of
/ the corporation may require and as II
may be necessary for the conducting and
| mana cement thereof; provided the same
/ shall not conflict with this charter or
/ with the laws of the State or the United
/ States.
]
/ a manager, and may, in its discretion,
| delegate special power and authority TO
such manager for the purpose of prop
/ erly conducting and managing the bust
/ ness details of said corporation. The
/ said Board shall have power to appoint
/ or elect such other officers, agents, EN-
plOyees, servants and clerks as IL may
| deem necessary for the conducting of the
/ business of the corporation, nix their
| compensation and terms of service, and
| fix and determine the salaries Of the sew
eral officers herein provided for.
: Special meetings of the Board of Direc-
! tors shall be held whenever called by
| the direction of the President or at the
request of any one of the directors for
/ the time being in office, and only such
business may be transacted at a special
meeting as is specified in the notice
thereof. The Secretary shall give notice
! TO each director of each special meeting
at least one day before the meeting, by
mail. telegraph or telephone.
Such meetings of the Board of Direc-
tors may be held outside this state or
within this state elsewhere than the cor
| pOrations domicile.
ARTICLE VI. This charter may be
| changed. modified or amended, or this
corporation may be dissolved at a gen.
eral meeting of the stockholders con-
vened for the purpose according to law
II at any time this corporation should
/ according to law, desire to dissolve, Its
J
missiOners selected from the stOckhOld-
/ ers at a meeting called for that purpose
said commissioners to remain in office
until the affairs of the corporation have
been fully liquidated. In case of the
! death of one or more of said commits
siOners, the survivor or survivors shall
! continue to act.
! ARTICLE VII The names and post
office addresses Of the subscribers of the
| articles of incorporation and a state
! ment of the number of shares of stock
which each agree to take in the corpor-
alton are as follows: Noel Armstrong
A Whitehall Street, New York, y. Y,
% shares; John ID. Russ, Orme Building
New Orleans, La. 1 share; c. Vincent
| Armstrong, II Whitehall Street, New
York, y. Y, "a shares.
in witness whereof, the said appearers
and the said witnesses have hereunto
affixed their signatures with me, the said
| Notary. on this 22nd day of March, 1922
at my office in the City of New Orleans
State of Louisiana.
The original is signed: Noel Arm
| strong, - shares, per EsmOnd Phelps
| Agent: c. Vincent Armstrong, "a shares
per Charles +. Dunbar, Jr., Agent; John
ID. Russ. l share.
Witnesses:
SUMTER d. MARKS, JR.,
J. o. WALKER.