The herald. [volume] (New Orleans, La.) 1905-1953, 1922-08-24

-CHARres n
To hire. lesse
and i p9r.S and pissiiss.a'. n
a ''r-llyynlaery, boats ''toeE
= poses, 4:s's s1d Of co a., .,
establish PSI, a pe an .e.9aasc,i'',
where, and lpi's T. within st
ness. planting y,arfy o. ~
' Ta pany's objects eat'l I 81
. movable, ooTroPpsrg, go
n 5'a,., every way y'ns I,, ~.
Of cxsb, 10 draw, SsI.
l 'SIut bonds; to pS5S ION " 81
n c',,sFagt' maintain G y. Ia
in co oIisg Or .ineideat' "a q
,Ea real estate t, and m to ~ ~
either i in eo and coadIss,,' 's,J
otherwise; 'tlon viii ~
To 49,.
ana to hold 70! purcaap .
or Otherwise SSiss0, s,transtsr ~ n,
securities or erj Spose q ~ l.
sorporatie23 o. ., capital M ~
Of, OF associations. TTotporstS,,
to sScrc dle T Hh the 'G o1,! =
1 Eir,Siltses of O% Sus iighs
as a natural at ESl' D Thereof, Z : :
"a AND generally = night d 4
the the o '5I1i that st, may t ri !, "
~, The foregoing e carpo''' ls,
o oota as objects ' aus sAsa I
citation, expressioSnn d poEss
herein in en Ur Special power o. ~.
exclusive ., but II III !. s9al b ~
i1co M '1al az Other ' iaSl,iq
natural Person m Isi,A, sst =
are hereby inclu dd,lSA' have q: /.
AtTlCLE Iv-Tb,
fourteen rSgql'% tbod Is hereby p sst,s.
Nided into one UtslioeO !.
shares snare; Of the ma, U1 rd nd ~
be- fSiV co,o J, dollars each ia'I e Il "
DE payable in cass ana Wild =
scription. 'aSn at Tie n.
n-asSeSSable. snal khr
This corporation skin,
concern and be sr, Saall beroa,
SIS'Ees 3, as soon as d. t.: :
dollars has been sub '1.s'a,t d
Certificates of stocs , y IL
me president and m sall b =
. anI each share Of stoe Iss' ,stH
Uwitr thereof, either i i ,Ala 2
written proxy. 10 e,,, u pera
of share6OItdSss,s, ''' W
ANY shareholder wish,.
n rli,i stock must first t' Sfs,s = : d
vi, thrlting' to the other s Jurr y,
the board of directors "s :,
b osping Z, the book value ts.I va
u; Toa ns; Of directors shan b,, ns, !.
l E which to accept Or ave NV "a !
ShGatd any shareholder NAM my. a q
nn1, Ion of this clause. M 1.T y. g
IN, Inc shares Of stock a, IA.
This coeno transferable On d,
LIE corporation only, and - |.
shall be binding On "a sAo =
nave nave any effect, unless ,S go "a
me capital stock % M,
may IA I'D, De Increased from TIM !, ".
not exceeding one lT,s..
and dollars, in accordsn ns A si.a
'isions of the law appertaIpI sI \,
ARTICLE ARTICLE Van Of u, Ds,..
, ,;Is shall be vested m |, !.
.lsed by a board Of director, -
rot less than three and ~, y.
eve even shareholders, a majcrt, \
ute a quorum for the trsr.,.,..
business. A majority Of tSs n,.,
. .ectors voting at any one IN, I
.equlred to pass any resoIutja, :
my bylaws, which, when a y.
.dopted shall become valid ,s,,'s
The first board Of dIrsr,.r n,
lold Office until the second ~.
february, 1923. the date AZ d,
OF the corporation 1, -
Ixed, shall consist Of: ]. { Las,,
Iho shall be president, liz Sss
,ew Orleans, La; ]. T. LapiISs
hall be vice-president, REM h
'arish. Louisiana; Joe B. az
nall be secretary-treasurer iljs
treet. New Orleans. La: IIh
8, Olivier street, New Orlesns d
'. Henry, 1920 SOniat strsst "
cans, La.
The board of directors. exert A
lab0ve provided for shall b ~
ually at a general meeting q b
olders TO be held on the second n.
I February. 1923. and on h, IN
nd month In each and ever no.
ear thereafter. after fifteen tiN I
J writing mailed to each sAtsAae
is last known address appahl
he books OF the corporation uiss
office is waived In writing By 4
appearing as suA ga
ooks.
Special meetings Of sharhsin
ways be called by the boari I {
RS, subject to the formallties % ID
J hereinabove provided IN ari
eneral meetings.
A failure, however, from NJ
hatsOever. to hold the anHri \
stockholders, or the failur .
IrectOrs thereat, shall 10, opc1
of this charter, nor &c
'rporate management, but tk -
en- in office shall remain b ttR
lall serve until their sucteSn
'en duly elected, qualified and ~
Any vacancy in the board y ~
ON any cause whatsoever. shil =
r the unexpired term BY D, -,
rectors. And the said board
rs shall have power and iSnts
axe all necessary rules and ~
r the operation and eonra
Isiness Of the eorporation- ~
make all necessary rules 90 "
ARTICLE VI-Thls set Of ~
IN may be changed. altered
this corporation may Be dl:s 49,.
d with the assent Of ne
.o-thirds in amount Of rs ns
tstanding stock, at q gebsn.
nvened for that purpose ~
y days notice In writing nnr
last known sddi's
fifteen n5) days publicaicss, a.
, daily newspapers In ine ~
leans. and as prescribed -
Whenever this corporstiea =
limitation or otherwise, y -,