The herald. [volume] (New Orleans, La.) 1905-1953, 1922-07-20
CHARrge

Said ~ IN default OF p sad =
anu person or pers !, Tie co.,,Sp
an.5 '' Of i dHv 's .saD Of tn. =.
(,o,N. and upon obt oiaef to S.sA
, -. Dry 70 said board ing ga,sS
"I. The board OF '4 "a Tor as ~
eve notice 10 the oulrectOr, 10
expiration Of Ff'ttiSentarives. " -. y =
rrr,ia@a,c,, snail ran cali in in M Of Is
49,, ,''s inc price or ys%a Suca "
.of the a'', |or to be transfe,,,ssss' y,
pnTlha,,r". F hR rTSfosonsce, option =,
graph Ol in the o.t Vested y d
r., ,', 3.a IA iall force and ss saa'sao
., ,,d Ntockholder 40 o. stOct
|Hi ,onrS" Of proceSUoa Tie ~
Hi'IonS, Stipulations lie 70
dh"tr established in ana de,,1S
Ibr followed ' IN RESPECTS to ~ pa'lNls
upon r..,i T IA case Of death pras
If ar, '. IL Of infOrnatiue H..
, VI ihr board of = ,saall b 4
H,y'NNdry steps to h. et ,lrs 70 =
'",. enforce these Drov iisssn 70 ~
90 The Preference lOa'
I "i purchase, hereinnSs option -,
,u an ~ ~ favor of each Sbs,ssssi 1bHss
10" 10, ms yirlle share in n'Ineholts =
, ,N,,S holdings in tbo ptopOrdc
HnE shareholder fail to stock b.
III ms regard, his r ia ,e.tefcis h
ana D" absorbed bv MS shsn
.,.3. provided tb,, '.e Oth.,
widow, heirs or laSai ' The W,-
J,IiyrIr >S IN may be, shall He dt
r rI"'. , Sdid stock unless NV n. ,. vi,
,Ia ~. 'n' same shan inc "e s9reh
Paragraph I2l. VI 'ne holm,
80 Al! certificates
,o, Iflr ,i reference to the , s.Gck ID
'aoll,hed in the favor 20 Of t ~ q.
ARTICLE v-An the o 'us S''tl
Of this corporation ona cofpOnt !,
aud control of its sto u the him.
p ~ aII 70 sell, transfer. pjssa ,a'ats
"I an or any part Of i hbeuge " q
duration shall be yss ge Ssea
er'lSed by a board o, S i.a II y
81 Ihree stockholders, a msttooit Ns,.
SHdIl constitute a quornm 'SStIly u )
1'I'on OF all business, tn. !Of d,
ne elected annually nv - ufettss
az a meeting to be hel5 sne aNsl
IN ,ha aitrr me first SUNDAY =, ny
IN IN .ne month of January s,, " al
or preceded by three days' sa,a sss,
70 the stockholders. E,oA' fltla
shaII De entitled, In person aet
10 vote for every sha,a VI :! ~
ana all elections shall Ia hoshet
rules and regulations "a Hsla Hhts
mined by the board OF di,.uy b
aryiuo when elected, SHAH -. y
o,'ige lot one year, and until nm Nun
CeSSors have been duly eIart.s u,
Qualified No failure 10 sIs1, ny
ave the forfeiture Of this cs VA
vacancy occurring on tbis aana
hlled by the remaining d;,a.sIo q
uneNpired term. The hoa,S n
Shall. at its first meetins -. " ~
an seiect out Of its number ! ~
ana one or more vice-presidsn,s p a
also elect a secretary-treasnss, ~
not however, be a member A. ~. w
Inc president shall have ths 80.
point ana dismiss the ele,ts
employees of said corporatio, ny
llrp. ana as the interest sns 80
the same may demand. Hs uss r
ms tniS authority by proxy. AM S.,
ptIhs SICK or absent or about n \,
himself shall have the right n ~.
by written instrument. apoth.,
OF st0ckhOlder to act as bis NAV, =
stead at any and all meetings A. a.
board Of directors during M
The first board Of directors a..
shall be composed OF the foIloxi., -
persons, who shall serve uptiI 49,
% be held in 1923, namely: Clrs
Burthe, president, New Orleans H. \
3. Slrera, vice-president New o.
la; {; j. Everett, secretary Nv
cans. La.
ARTICLE VI-The funds a, An
loration shall be deposited from n,
ime in a bank or banks 10 BE- sl-ts
he board of directors. All cheer !,
" other instruments drawn. ersT.S
SSued. in the corporations name mi
lalf, shall be signed by the pres6,r .
he vice-president, and the srsr
reasurer. No officer shall thu, In
ndorse the name Of the corpOrsto1 n
trictly In its concern.
ARTICLE vino stockholdsf s,I
leld liable or responsible for usrn
aults or debts Of the corportm Z
hall any mere informally in ID ON
alton have the effect Of renderiv !
harter null, or Of exposing sny ID
older TO liability beyond the unpaid h
nee due on the shares owned BY In
ARTICLE VIII-This act Of iuuun
ion may be changed. modified, q
cred. or this corporation may V 3
olved, with the consent Of the 81
olders owning two-thirds Of all he 81
Z this corporation. at q General ne1
onvened for that purpose, and STA
EAST three days written notice d =
leeting shall have been given tifAl
nail. addressed to each stocsholis
is last known place OF reslden1 J
lse of dissolution by the expirinn
his charter, or otherwise. the SO
Olders shall elect liquidator from M
heir own number, who shall have
uthority to settle and wind up d, y
ess and affairs of the compart u
rms and conditions Of. and the ees,t
itiOn for such services. shall be La
lie time of election. In case Of ne W
r disability Of said commisSons
quidator before the liquidation q
fairs Of the corporation, the sics's
fill the vacancy may be appolaia
lie stockholders.
ARTICLE IX-Any and all notfs
elays provided for by this ehars y
> waived by the unanimous eoiSs
lie stockholders or directors ahl&
ressly prohibited by law.
ARTICLE X-The names and posn
idresses Of the subscribers 70 t Y
1 stock Of this corporation. fa
Imber of shares subscribed pI 81
EN-, are as follows:
Charles A. Burthe, New Orleahs =
ares: w. b .Sirera, New 0rian
share; c. j. Everett, New Vfein
share. ...,.
Thus done and passed, In ny 'e ~.
flee. at the City Of New orleans n
i'd. in the presence OF X. Less
rgote, competent witnesses, ~
e and residing in this city, W.
to subscribe their names tossua Il
id parties and me, notary, o. ~
d date set forth In the capu.n
X. Lewis, J. As0~
ORIGINAL SIGNED): It'll
Chas. A. Burthe, W. b. si'eN
'erett. n.uT n
(SeaD: HENRY +. pn p,.f
I. Henry 2. Dart, Jr. notary ~, 81
fifty that the above and ioress y
le and correct copy Of me ~ o.
rpOratiOn Of 0axaca steam ~. T.,ItiS
ny. Inc. passed before me- IA 9
which is on file in my n0
ives. nIpT u
SeaD: hENhi Eotary hH
ne 29-Aug. 3.