The herald., 1922-08-10
cHARTEs

,l.E-. IL ". IT,
inns TINS Corporation ne eap,.
twenty-five Tb"usis het.sS =,
INTO and repreSeIsand Dos 81
One Iilly shares res Of ~ y y &
be PAID Tor in cs ,d's eaea'S ~
corporation. or hH r subsc,,' q Il
70 H. or Services prOperty :
~. corporation. S SUtsaly ~
dSSesSablr. July bsis y,
The capital Stool q
Z" one Hundred tn may h
the they d be issued as a O1ds 11lsa.
when the conditio,r1 e stOcks, q
permits it. The 1 Dol he -
may also reduce ~ ooard rYSI
Time to time from ne capita SO
corporation by cailin one ssfrll,,'
part Of its shares u INA,
drawings from amon 70 be ~
agreed upon BY the "iBs oa,,a,
No stOckholder Or Of
WIS., dispose of his S us, sell y
poldtion without fi pS,ck 2
same IN writing 10 tbs ms :, oiis,,
eLs' who shall have oIas' A.
oil the same. and ws zen dSyJ
sod to the highest biS Sa stact
Stockhoiders fail 10 svsS So.
me privileges within aszs
uiIie' the said stock sSlt ~
anu SOFA to any other S Ss,I,s
ARTlcLE V. All oy
powers OF this CO., VI lie D,
Vested in and exerc gISlslsa
10 he composed Of nof f' Sl y
stockholders. but Tins lsss Il !
changed from time !, auaOs !
stockholders at a M |" In,
Nened. "eeung q
In case of any vasa,o-
torShlp through death -. y Z
qualification or oths, slss
manning directors, by "a aas
vote OF a majority Of y - M
directors, may elect Ne u
hold office for the uns,1 sscoss
OF the term OF the dirac,aIpls
sHall be vacant and uni ~
oI d successor. ANY off.
plo!eee elected or spno,,,
BOdrd OF Directors nav
1T any time by a yo,e :,
OIL the whole of the stocks.s
The Board of Directors We
ulScretlOE, by affirmativ.
majority of the entire r.. We
tors, appoint from The Ros,.
tors an executive comni,,..
less than three, Of which W.
snail constitute a ouornn
committee may have or s, =
powers as may be conferrsS
Dy the stockholders.
The board shall elect s,o.
Der president, one or
presidents, and a secreis,v =.
urer OF the corporation, IN,
Two oiflceS may be comhI,.1
person, and may be filled =
director or a nOn-stOckholSs,
Any director unable for a.,
TO act or be present at a us'
give his PROXY to any Other S,sl
act In his place ana Stead
The Board Of Directors M,
and at all times exercis, 4.
corporate power (when ratTs
majority of the stockholc,ra
ing the power 10 lease, sel -
or convey any part OF he -
plant of the corporation. Or 4
property upon which n
either in whole or in part. "A -
the assets of the corpozrr
whole, and to merge the I'D 4
alton with any other orr
directly or indirectly; and ID /,
in payment of any such IA,
mortgage, transfer or merger :
paid certificates Of stock Of n
corporation, and to distribute y
paid certificates of stock 70 IN ,
holders of this corporation II ;
portion of their holdings here,
time of the cOnsummatio 4
transaction; TO issue shares I I
up to the amount to which M
charter, the stock may BE- n
provided the total proposed Il
shall be read at one meeting n
over for action at the ns1l 4
OF the Board Of Directors Ntn
adopted, and on such action AJ
stock shall be first Offered 70 q /
listing stockholders in the pgp0s,
their several holdings VII 4
! days privilege TO pay for N
before any stock is Offered iT =
subscription to other persona
The board is given the auto
fix salaries and to change u
at pleasure.
The Board of Directors n
elected Immediately after he ~
of this charter. without notice 9
formality. The board thus eeelA
serve for one year, or Until u
Monday of September, lszl ~
after, or until its successor .
and qualified.
At the expiration Of ne "a
office herein fixed for the ms
the Board of Directors shall =
at a meeting Of the stocnd
be held in the city Of Ass
annually on the first Nonol
TENDER in each year. al VIC
ing any matter Of interest
poration may be discussed "
mined as a matter OF eoaiS
previous notice. -,
ARTICLE vi. The ee1
Board of Directors, as ne m
of stockholders. shall Dc ~
by a vote of the majority y =
present and represented. eIas
son or by proxy, AZ suel
unless otherwise required "
teen days notice OF al DE-"
stockholders shall be gwen
The notice shall be sent "
known postoffice address :.
holder. and the stockholoa
cord his postoffiee aoaisn ~
secretary Of the company -
of his failure TO 90 -. 4
dressed to the stockhoidsl ~
leans, Louisiana, and dsposIi. ~,
nostoffice at New 0rlean. Z
will be a sufficient noucs
holder aforesaid. .,..lh,l,s
ARTICLE VII. NO s'0. .s,saf,i .
ever be held liable or Is;t M
the contracts or faults u ~, b
alton in any further SUN us,s, Z
paid balance due the ~ X Is
Shares OF stock owned ~
shall any mere infornsil .u,,ars |
zation have the effect % s.rSI,crsi
charter null, or o. .A,I;iy ~
stakeholder TO any liaoiisSs W,
nnnaid balance due BY NE
oi baRTICLE VIII This aa
poration may be cnahs. s,oes =
altered. or the capltai ,. ~. -
or decreased in the ma sa.,I,s u
bv law. al a general rnsss ss,.I
Tor tndt pun 80 - efcftA
notice mailed by lns .
treo surer or the secr s.i,,,r.i : /
above set forth, or o' Il
In person. 80 vhensrsf y
ARTICLE TX. wns siihsr y
noration is dissolved e ~, -
lion or from any 80 np
ss,a,rs sball be liquidaIe. N
,nissioners selected or 80
holders at a general n,i, 3 he
days written notice ,ss s.scrst,r 2
and treasurer or ths by lhs
rotary in person IN tu' /, nsIsaS
ers TO be chosen ~ cast at -
by the owners thereof rec consist
S ON ' Of the said meeups 80
ua'o nroxv each share y"