The herald. [volume] (New Orleans, La.) 1905-1953, 1922-08-10
CHARTER.

country for the purpose Of carrying our
! the objects anu purposes SET forth III thIs
4 article
Fifth: And 20 10 all things necessary
. ana incidental 70 the carrying out OF rne
/ Objects ana purposes Tor which ms cor
DOration is organized ana tor Surn Dur
poses 20 engage II business N the state
II Louisiana and With any Otner state Ir
Parish N possession OF the United states
OF America or foreign country 'nat VIII
permit The same.
ARTICLE Mt shall have all The
rights lnd privileges granted by law "a
such corporations snail have the power
20 contract, sue ana be sued n It's cor
uorate name, 70 make anu Use 1 corporate
seal. ana the same 20 break anu alter At
pleasure. 10 buy, own. hold. lease. receive.
. convey. mortgage. IyputhecIUe IT pirdg"
property, both real. personal anu mixed
20 ISSUE bonds, notes ana other pbllGa-
lions. 20 have, engage anu employ Sucu
officers, managers. anu employees As ne
business interests anu convenience OF ne
corporation may require 20 make. ADOPT.
establish such bylaws. rules and rpgula-
lions n the corporate name. not repuE-
laHt "a The laws ut the State IT Louisiana.
. IT other states. territories Or possessions
III the United states Or foreign countries
II which they engage IN business. pr tAt
charter of rlIs corporation. Tor he man
uEemeuU n the corporations affairs. As
me stockholders ana board ot directors
may 1eem Necessary ana eypedieHt.
ARTICLE V-rhe capital stock Of this
corporation snail De eighty thousand ana
~ 100 $50 OOU.J dollars. represented Dv
alghr hundred 500 shares IF one hun
drnd ana 10 100 100000 dollars each.
The stock shall De paid FOR in cash when
subscribed Tor, Or the same may ~ is
services actually rendered unto the said
rop0rat-on. bur said stock snail not De
issued for less than par
ARTICLE vI-rhis corporation shall
begin business ana De going concern
when eighty Thousand ana 10 100 $50
tob.udl dollars Of stock snail have been
subscribed Tor ami paid Il. and when
aver an Increase N SAID capital stock snail
have been authorized. fifteen days writ
ten notice shall De- given 20 -aCn stock
holder. within which time The present
stockholders n the corporation snail have
he right 70 subscribe % saiu incrpas. nj
stock N proportion 70 the number II shares
n stock held nv them ana which shares
snail be paid for at such time lnd IN such
manner rs the board NJ directors may Ill
rpcr. After the expiration II the said time
TOR subscriptions ana payment. the board
%. directors may dispose Of rhe shares
not taken. for the benefit NJ the corDOra-
ton. n such manner as they may think
proper. At not less than par.
ARTICLE VTI-No stakeholder shall
sell or otherwise dispose If any share or
shares n the capital stock II this cOrDOra-
ion until rem days prior notice OF such
writing 20 the corporation. during which
time any one OF more II the stockholders
snail have The privilege Df purchasing said
stock 50 offered IT rhe actual value based
upon the books N the corporation.
All transfers II stock shall De made On
The books IT the corporation nv surrender
ny the certificate thereof 70 the presiding
Officer who shall write the word can
'"iied prominently across the face there
IT ana erase the presidents signature
ElHrofTun 4 ear pgr
ARTICLE vIII-Ar all elections bv or
meetings NJ the stockholders each share
snail se entitiei 10 one vote 70 he east
either by the person in whose name the
stock appears IN the books NJ this cor
p"ration NJ The time Of voting OF by an
attorney holding said stockholders writ
ten proxy.
ARTICLE IX-rhe business and cor
porate affairs Of this corporation shall BE-
transacted by 4 board Of directors. OF not
less than -hr-e directors. nor more than
i've directors. 70 he composed II stock
loiders thereof and they AMI zach %.
them shall be elected AT 4 meeting 20 DO
held for that purpose.
ANY vacancies N the board Of directors
81 elected shall be filled bv the said board
of directors. Louis ". ZOeIIer. 1919 Cal
houn Street. New Orleans. La: Clarence
\. Hammer 49, Louisiana Avenue New
orleans. La. William e. Bland. l472 Cal ]
hOUn street. New Orleans Ia shall con
stitute the first board of directors who Z
shall hold Office until the first Tuesday /
after the second Monday in January. De- /
'r until their successors are elected ami
qualified. ana each SUBSEQUENT board Z
snail have their seats Immediately follow
ing their election. or rs soon there lfter /
as practicable and shall hold their office /
nnUl their successors shall have ben 4
elected AMI qualified. The directors hero /
,nahove named shall elect thrir own Of /
ficers.
The officers elected and designated 70 .
serve until the first Tuesday after rho
second Monday in January, 1923. or IntlI /
their successors shall he elected are IS
-oilnwS. LOuiS W ZOeller president T5Tn I
a4hOun Street. New Orleans La Clarenra /
Hammer. vice president. 90 Louisiana 1
NvHnue. New Orleans. La. William E. /
stand. secretary treasurer. 14T2 Calhoun /
Street. New Orleans. La
On the first Tuesday after The second
Monday in January, 1929. and annually .
hereafter an election Of directors nv
ne stockholders shall be held nc the Of
nee or me corporation after fifteen davs
notlce thereof shall have been given nv
nnhncation in one IF the daily papers in /
ms CITY. nv three publications thereof .
iuring said time. the first 70 he made NJ
.een days prior 20 said meeting Every 1
BOARD or directors shall at its first meet
ing after its election. or as soon There
AFTER as practicable elect from their own
number president. vice president and 2
treasurer The board of directors shall
''H" riefL Il >e'etdTN- VINO may NAV
nor be member Of the board The Of
nee or the secretary and treasurer NAV
ne filled nv one and the same person NJ
me discretion Of the board.
\ failure 70 elect directors on the dare
above specified shall not dissolve the cor
1"ratiOn. but the then existing board of
directors shall continue in office un1f1
-heir successors are elected. Fifteen da-s'
prior notice shall he given in the manno-.
lereinabOve provided. which notice snail
10 full and complete notice 20 all stocy
holders OF such meeting
Any director shall have the right m be
represented NJ any meeting OF the board
'r directors Of this corporation. bv an AZ !
'orney holding said directors written
proxy.
The majority Of the members of said
BOARD or directors shall constitute a quo
'um TOT the transaction and management
" all business OF said corporation. They
nav make such bylaws rules and -ppuIa-
ions as they may think proper for tha
transaction Of the business and affairs of
'aiH corporation. and change alter and
lInend same ut pleasure: appoint and fix
'alarles Of all officers clerks and a,u
'loyees. the same TO change and dismiss
II pleasure. fix salaries for officers nro-
'lded Tor herein; sell, convey, mortgage
hedge. lease and purchase propertv
Movable. immOvable and personal borroyv
money issue notes and bonds. lend money.
make contracts and sign and cause 70 he
lgned all necessary acts deeds. etc. to
axe judicial proceedings in the name and
W nehan or this corporation. and 70 do
III things which may be necessary 70 he
one IN the management OF said business !
M NAV ne permitted by law aDpiyiDr TO