The herald., 1922-09-07
cHARr,sS

To-. contract, s Suon sdsS
and d alter JiooTTDo ., s ssf + :. =
p, ARTICLE ~ VvS'sr's 81
.. TI'tHly-iiye IT Sa is IL
aad litty bHs,yrssented bS@@a%
'e paid Tor in D C.tlrs ess's
IT, 1t, or ser vi BY DrSSs.,.2'
NJ, ,..e ,}9rp9ration.' $scti4y 81
"-s"ssable. We tully ~
NAV ,' one r.. Hundred 'I Ts..iay e
Tie discretion % ~ a diyIs..
pe '.Il' 5"e !, cona ditto ne .. "a: ::
may also reduce v ;, Boar5 %
eorpofsGIti(o,nn I 5y from on. tl s'I y.
t I"iI Of its Shares n ~
recorded in spc among u. sSz.
"- y, .! upon BY the 4Bs an
po re .oIspG Sy,s Of his sDs ~. 81
same IN writing T. tiFs, d;
,rs' who shall ~, ~ lie OA., Z
Sod i" ,a same same, and WbisIssa D.
stockholders faii ill., ~ bidder :
tAe privileges s., NO. 70 ava n.,
' uWe' the said s siocI "a :
ARTICLE v ' sH pss:S
lowers Of this q" CO l.,
vested IN ana er I.O,iporsts
s5ys tx SlSd5aPo4I ID, Of not ,;' Is.
changed from Tim MS nun,
stockholders AZ He 70 IA.
. Nrucd. - d mss,lS
Ia case Of any y,,..
l2'sH!p through dean sTSacy as
naming directors 0tleF G.
. vote vote Of a majority y o., hs q
i,...Iiy,ctors, may elec, VI lie ! (
"g.d office for nv gs> /
~ IHe ~, term Of the d!r ecsls,:.
nan be vacant, and 'T r..G Va
~ " successor. AbS Sau 1,
p'vlete elected or ~! oit.s
hoard Of Directors 1,S s.o
any time by a Vote s'+ !. =
oi the whole of ,b we o. ts
The Board Of D iT sIScAAa33, (,
discretion, by affirms',o.las n
majority Of the entjrs @t w IA
.oIs' appoint from tbs ppoa't
. .'i..l than three, Of W SSSrcll q
SAlH constitute a upo SI u :
committee may hgvSS -o VI L
pDN eis as may be co M yes
10! the stockholders. -''''s. /
The board shall slso,
Der 4 president onS M Nv. HVl Z
nstslatnts' and a secrs, y 70
ulvr OF the corporation u. e
Two Offices may be co- IVY Z;
l Sy' sUh' ana may be fiIisS I.
director or a non-stockboiS.. "a
Any director unable u.
10 act or be present a, "a ~
sIte ms PROXY to any ot ! NJ
act IN his place and S,ssI 70
Inc Board Of Direefc-S
ana AT all times eysrc'., -
corporate power (when 49,
majority Of the stoesbol ,sss.
ms the power 10 lease ss1
or convey any part NJ -, ~
pant Of the Corporation !.
property upon which h
either IN whole or IN Mart.
the assets Of the eorn6,'..
whole, and TO merge H. go, ~
dtlOn with any other -
directly or indirectly: ana \.
IN payment of any such =.
mortgage, transfer or merps,
PAID certificates OF stool ~ =.
corporation, and TO distrjbut, : h
PAID certificates Of stoek a !. II
holders OF this Corporation /, 4
portion of their holdings h,,.'
tlme OF the cOnsummstios :
transaction TO issue shar,, \
up 10 the amount 10 which M,
charter, the stock NAV !, ~
provided the total propo,sd u
snail be read at one meeting y
over for action at the psIi :.
OF the Board Of Directors ~ 4
adopted, and on such aetiw n
stock shall be first Offered IA \
listing stockholders in The prU,s-|
their several holdings M \
days privilege TO pay FOR b, \
before any stock is Offered ff 4
subscription to other persons
The board is given the au.sv-
fix salaries and TO chang. b.
at pleasure.
The Board of Directors hI|
elected Immediately after tie N.
OF this charter, without note : \
tormality. The board thus slsakl
serve for one year, or Until b
Monday of September, 1874 4. 4
after, or until its successor 4 a
and qualified.
At the expiration Of The .1I
office herein fixed for the irS I
the Board of Directors shall h a
at a meeting Of the stOCkhs-sI
be held in the city Of New a
annually on the first Monday 4
TENDER in each year, al Who 1
ing any matter Of interest % 4
pOratiOn may be discussed a. I
mined as a matter Of eogrx =
previous notice.
ARTICLE vi. The electH
Board of Directors, as the OK
of stockholders, shall be dsg-l
by a vote of the majority Of y !
present and represented, silhs
son or by proxy, at such 70
unless otherwise required By ~
teen days notice Of all nssi<
stockholders shall be given . = !
The notice shall be sent . y
known postoffice address o. 2. J
holder, and the stockholdsf ~
cord his postoffice address ~
secretary OF the company. II y
OF his failure TO do 50, . ~
dressed to the stockholder y MI
leans, Louisiana, and deposh J
postOffice at New 0rleanA - :
will be a sufficient notice 70 u
holder aforesaid.
ARTICLE VII. No stockiel1
ever be held liable or respeaA-
the contracts or faults Of y. I. n
alton in any further sum W.
paid balance due the eompaI
shares OF stock owned y
shall any mere informallu y
cation have the effect Of ie s..l.,
charter null, or OF SUBS -
stakeholder to any liability .
unpaid balance due by ME !
ARTICLE VIII. This aa y 1
poration may be changed ~, -
or the capital stoeA -. "a
or decreased in the manna " n.
by law. at a general meeting !
for that purpos, after H.
notice mailed by the seu, :, 4
treasurer or the secretsiy, h
above set forth, or dsii'a''
ARTICLE TX. Whensya y 4
poration is dissolved, elihs. = -
ton or from any oI1s, = M
affairs shall be liQuidateo I" 4, =
missioners selected iron IL 4
al a general or ~ ~ :
ing of the stockholders -, ~ -
DAVIS written notice BY y, Z q
and treasurer or the seere's =. Z !
SET forth, or delivery BY (, 'S 80
rotary in person; the ss .l.s,s ~. .
ers 10 be chosen by a mAy ~ =
vote Of the stock cast a. !, tsg q
Inv the owners thereof ~ q
- ~ books of the comP -, -