The herald. [volume] (New Orleans, La.) 1905-1953, 1922-12-21
CHARTER.

land transferable documents and securi-
ties of every nature and kind.
Tenth. To deal I'm, have, hold, own,
build, construct, erect, lease. purchase
land otherwise acquire. establish and
maintain for sale. renting. leasing and
Operation Of factories. warehouses, build
Iings, depots, structures, recommendations.
apartments, residences, stores, boarding
houses and hotels. works. plants, machin-
cry and all things whatsoever OF every
nature and kind.
sary and incidental to the carrying out
Of the objects and purposes for which
this corporation is organized and for
such purposes to engage in business in
the state of Louisiana and within any
other state or territory, or possession OF
the United States of America. or foreign
country that will permit the same.
this corporation is hereby increased and
declared to he the sum Of One Million
Dollars 81 900, 000.00), represented by and
shares, Of the par value of Fifty and
OOHOO Dollars (S5O.OO) each. payable in
cash or its equivalent. at not less than
par.
ARTICLE ". The corporate powers
Of this corporation shall be vested in
and exercised by a Board of Directors
composed of not less than three stock.
holders nor more than seven stockholders
of this company, each of whom shall
own. in his own name or in the name
of the firm of which he may he a mem
Der. at least one 1) share of the capital
stock. who shall he elected annually, 4
majority of whom shall constitute a
quorum for the transaction Of business.
and such directors so elected shall serve
, until the next annual meeting or until
, their successors IN office have been duly
elected and qualified.
The number of directors to serve on
said board during any ensuing year shall
be fixed and determined upon in confor-
, nifty with the provisions hereinbefOre
i stated at any meeting of the stockholders
, called or convened for the election of
, directors. and such members as may be
r selected and elected for that year shall
constitute the number Of directors to
serve during that year.
At the annual meeting of stockholders
:. which is hereby fixed and determined
upon as the first Tuesday after the first
Monday in February. 1923, and annually
thereafter, an election for directors shall
be held. at the office of the company
after ten days written notice thereof
shall have been given to the stockholders
Elections shall be by ballot. and under
the supervision of three commissioners
7 who shall have been appointed by the
4 Board of Directors. Two commissioners
{ dent shall have the power to fill any
d vacancy in the event of said commits
e sioners failing to appear or to act at the
e opening Of any election. or at the ap,
!, pointed hour. The directors then elected
y shall continue in office until their sue
d cessors shall have been elected and quail
! flied. majority of the votes cast al
e every election shall elect. each share OF
d stock being entitled to one vote, to b.
). cast by the person owning same, or by
d proxy in writing.
Il president secretary, and treasurer
j. Any vacancy occurring in the Board Of
: Directors from any cause Whatsoever
i shall be filled by the remaining director,
n NJ the next regular meeting after sucl
: vacancy shall have occurred. The Boart
n OF directors shall make such bylaws
d rules and regulations for the manage
e ment Of the affairs of the company M
: 1t may deem proper. and may change
n alter and amend the same at its pleasure
y All documents shall be authenticated b,
5. the signature of the president anc
d ARTICLE VII. No stakeholder shall
d be allowed or shall have the right I,
lie sell or dispose Of his stock until a ten
y company in writing. Offering said stock
l. with an option of ten days for the pur
'e chase thereof; either by said compan.
d or any OF the stockholders thereof. a
h me value OF said stock as shown by tn
II. books OF said corporation at the time O
X SAID oner: and at the expiration of te
l. GAYS. II the company or the stakeholder
Pr OF the said option and right to purchas
=, said stock. then the said holder SO offer
s. ing said stock is at liberty to dispos
In or said stock as he may please
Of Thus done and passed in my office A
In me city OF New Orleans. state Of Louis
IN lana, on the day and date herein frs
Of ahove writer. in the presence of Messr,
n Edmund X. Mabry and J. Zach Spearins
es competent witnesses. who hereunto sig
~ their names with the said appearers an
I'd whole " I'll
c, Original signed: Peter Jung. Pres
ed T.. Jung. Jr.. Secty.
v. ing 'A 'Pea
II, W. Mel. -FAYSSOUX.
Id Notary Public
~ 1. the undersigned Deputy Recorder ,
ed Mortgages. In and flor the parish :
Orleans, state of Louisiana. do hereb
of certlfy that the above and forepoin
be amendment to charter Of the CresceI
d. bed company. Limited. was this da
wv duiy recorded in the Mortgage Office ,
nd the parish OF Orleans in Book 1879. Fol
d. New Orleans, La, December o. 1922.
OF ROBT. SCOTT
&c Dep. Recorder Of Mortgage
en- l. the undersigned Notary Public,
, and for the parish Of Orleans do heret
all certify that the above and forefoine
a true and correct copy of the origin
DC act or amendment to charter of the Gre
~, cent BED Company, Limited, and of n
ny certihcate of the Recorder of Mortpap,
on Tor this parish thereunto appended ar
OF record in my office
IN in faith whereof. / have hereunto a
De my hand and official seal this 9th d.
OF December, 1922.
tie W. Mel. FAYSSOUX.
~ NJ. n, Notary Publ
by ---
IT. CHARTER OF MARION PELICAN