The herald. [volume] (New Orleans, La.) 1905-1953, 1922-07-13
CHARTER.

tute the first board of directors of thi
243O Nashville Ave, New Orleans, La
Mrs. James +. Turnbull, 243O Nashville
Ave. New Orleans, La, Miss Beulah VI
lSom. 903 Henry Clay Ave, New Orleans
La; Joseph &. Nicely, 1913 Leontine street
New Orleans. La, who shall hold th-i
office until the second Monday of Jan
uary, 1924 and until their successors shall
have been elected and qualified. OF these
the said James +. Turnbull shall be preSi
dent. the said Mrs. James r. Turnbull
vice president; the said Miss Beuldh VI
IS0m, secretary and the said Joseph e
Nicely, treasurer.
\ failure from any cause TO elect dire
tors on the day stipulated shall not dis
solve this corporation, but the officer,
and directors then in Office shall hold over
until their successors shall have been
duly elected and qualified, and in tn,
event of any failure to hold an election on
the day stipulated. the president shall
call meeting on ten days notice there.
after. or soon thereafter as practicable
All vacancies in the board of director,
shall be tilled by the remaining director,
for the uneNpircd term.
At all elections at meetings Of the
stockholders, each stakeholder shall b,
entitled to one vote for each share of
stock registered in his name and may vot.
in person or by proxy. All elections shall
be by ballot.
ARTICLE yI-The board OF directors
shall have full control of the property of
this company, and shall conduct and man
age and use the same as in its discretion
II may deem mt and consistent with tho
objects of this corporation and its
welfare. 1t may make and establish, as
Wei as alter and amend, any and all by
laws. rules and regulations necessary and
proper in its Judgment. for the conduct
support and management OF the business
and affairs of the corporation. and shall
appoint such officers, agents. employees
servants and persons as may be necessary
for the conducting of the business OF the
corporation; they shall Fix thei" compen-
>IiIun and they shall have the right TO
dismiss them at their pleasure.
\ director of this corporation shall have
he right to vote by general proxy on all
questions of administration. such a. Tho
manner of conducting the business of the
corporation, but in case the corporation
desires TO exercise its corporate powers
through its board of directors, by selling
Or mOrtgaging any of its property. the
directors can only vote by proxy where
he proxy specifically details the object
o be voted upon.
AR1OlCLE NII-This act of inCOrpora-
ion may be changed. modified or amend
III. fundamentally or Incidentally, and
his corporation may be dissolved in ac-
'0rdance with the provisions of Act 267
II 1914. of the Legislature of Louisiana
'r any amendments thereof, with the con
ent of the stockholders represented AT a
General meeting of the stockholders called
or that purpose, after ten days notice in
writing, addressed TO the last known ad-
lress of each of the said stockholders.
ANY changes proposed or made with
eference To the increase or reduction of
ne capital stock shall be made in accord
nee with the laws of the State of Louis
ana, relative to the alteration of the
apltal stock of the corporation.
Notice OF all meetings of the stock |
folders not herein or by law otherwise pro-
lded for shall be- given to each stock
iolder by letter addressed to his last
hOWh place OF residence as shown by the /
ookS of the company, and deposited in |
he mail at least ten days prior TO said
Keeling, with postage prepaid.
In case of a dissolution or termination of |
ais charter, either by limitation of its char
n or Dy any other cause, this corporations |
fairs shall be liquidated by two Iioui-
ators, selected by its stockholders at a |
eheral meeting held as above set forth |
which meeting the compensation of
ild hquidators shall be fixed and the
iid commissioners shall remain in office
ntil the affairs of this corporation shall
ave been fully liquidated.
In case of death, or inCapacity of one
said commissioners, the survivor shall
)ntlnue TO act until said vacancy shall
I'VE been hiled by general meeting of
e stockholders as above set forth
er De liable or responsible for the con
acts OF this corporation, or its faults in
~ further sum than the unpaid balance
ie the corporation on the shares of stock
Inscribed for or owned by him, nor shall
~ informality in organization have the
iect of rendering this charter null or of
posing the stockholders to any liability
,yond the unpaid balance, If any, due
his stock.
Ihus done and passed at my office in {
Is city on the day, month and year first .
owe written, in the presence of A Giffen
wy and Arthur Bigger, competent wit :
sses, residing in this city, who have
reunto signed their names with the said
bearers and me. notary, after due read
OF the whole, and the said appearers
so declare this to be their original stock
description list.
Witnesses: A. Giffen Levy, A. ringers.
ORIGINAL SIGNED:
Mrs. james +. Turnbull, 2i3O Nashville
e., one ID share; Jas. +. Turnbull, 2I3O
lshville Ave-, two hundred fifty (2JO)
ares; Beulah NJ. Isom, 9O3 Henry Clay
e., one (D share; j. e. Nicely, 1918 Lee
tine ST., one Cd share.
,SeaD: RUDOLPH j. WEINMANN
Notary Public.
true copy of the original
SeaD: RUDOLPH j. wEINMAN,N
:, Notary Public.