The herald. [volume] (New Orleans, La.) 1905-1953, 1922-07-06
CHARTER.

days previous to said election, and sen
to the last known address of each of tn
stockholders as shown by the books o
the company. The first meeting of III,
stockholders under this charter, for tn
purpose of electing a board of director,
shall occur on the second Monday of Jan
uay, 1924.
The board of directors, at its first meet
ing after each annual election, snail elec
from its number u president. a vice presI
uent, "a treasurer and a secretary.
the following stockholders shall cOnsti-
tute the hrst board OF directors OF tnI'
company, Io-wlt: James r. TurnDuII
| -tJU Nashville Ave, New Orleans, La.
Mrs. James r. Turnbuil, 24oU NashyIIl,
| Ave, New Orleans, La; Miss Beulah NJ
IsOm, SOB Henry Clay Ave, New orleans
La; Joseph G. Nicely, 1OlS LeOntine street.
| New orleans, La who shall mold then
| OnlCe until the second Monday of Jan
| uary, lJ2i ANA unul their SUCCESSORS snail
| nave been elected and qualified. OF these,
/ the said James h. TurnDull shall be preSI-
| uent the said Mrs. James h. TurnDuIl,
| vice president; the said Miss Beulah NJ
! lsom, secretary and the said Joseph Z.
! Neely, treasurer.
y failure from any cause to elect direc-
tors ON the day stipulated shall not dis
| solve tins corporation, but the officers
| ana directors then III Office shall mold over
until their successors shall have been
duly elected ana qualified, and in the
event Ot any failure to nOld an election Oh
the day stipulated, the president shall
call meeting ten days notice there
after. or soon thereafter as practicable
All vacancies in the board OF directors
shall be nlled by the remaining directors
Tor the uheApIrcu term.
At all elections at meetings of the
stockholders, each stOckhOlder shall ne
entitled To one vote for each share Oh
stock registered i'll his name and may vote
IN person or by proxy. All elections shall
ne ny ballot.
ARTICLE NI-The board of directors
shall have full control of the property OF
this company, and shall conduct ana man
age and use the same as III its discretion
IL may deem mt ana consistent with tn"
objects OF this corporation and its
welfare. 1t may make and establish, as
well as alter and amend, any and all by
laws, rules ana regulations necessary ana
proper in its Judgment, for the conduct,
support anu nasement OF the business
anu affairs Of the corporation, and shall
appoint such Officers, agents, employees
servants ANA persons may ne necessary
for the conducting of the business of the
corporation; they shall IN tneI: COmpeB-
salon ANA they shall have the righI 10
dismiss them AT their pleasure.
y director of this corporation shall have
the right TO vote by general proxy on all
questions of administration, such as the |
manner of conducting the business of the |
corporation, but i'll case the corporation
desires TO exercise its corporate powers |
or mortgaging any Of its property, the
directors can only vote by proxy where |
the proxy specifically details the object |
To be voted upon.
ARTOICLE NII-This act of incorpora-
ton may be changed, moulfied or amend
ed, fundamentally or incidentally, ana
TINS corporation may be dissolved in ac-
cOrdance with the provisions OF Act 201 |
Of 1914, OF the Legislature of Louisiana,
br any amendments thereof, with the CON
holders faH |
general meeting OF the stockholders called
or that purpose, after ten days notice in
writing, addressed TO the last known ad-
iress of each of the said stockholders.
Any changes proposed or made with
'eference to the increase or reduction OF |
lie capital stock shall be made in accord
ince with the laws of the State of Louis
ANA, relative to the alteration of the
'apltal stock of the corporation.
Notice of all meetings of the stock
holders not herein or by law otherwise pro-
'ided for shall be given to each stock
holder by letter addressed to his last
'hown place of residence as shown by the
looks of the company, and deposited in
he mail at least ten days prior to said {
Meeting, with postage prepaid.
In case of dissolution or termination of :
his charter, either by limitation OF its char "
er or by any other cause, this corporations :
HAIRS shall be hquidated by two Hqui- a
ators, selected by its stockholders at a =
enera meeting held above set FORTH
I which meeting the compensation of a
AID liquidators shall be liked and the =
aid commissioners shall remain in office :
ntli the affairs of this corporation shall :
ave been FULLY hquldated. !,
In case OF death, or incapacity of one =,
SAID commissioners, the survivor shall RI
ontinue 10 act until said vacancy shall
ave been hlled by general meeting ot a
lie stockholders as above set forth =
ARTICLE VIII-No stakeholder shall l.
FER be liable or responsible for the con- -
acts OF this corporation, or its faults in N
ny further sum than the unpaid balance n
ne the corporation ON the shares of stock ~
Inscribed for or owned by him, nor shall =,
~ 1nformality in organization have the n
iect OF rendering this charter null or of -
iposlng the stockholders to any liability a,
tyond the unpaid balance, If any, due tr
! his stock. :.
Thus done and passed at my office in =,
Is city on the day, month ana year first hi
'oNe written, in the presence of A Citizen .,
evy and Arthur Rigger, competent wit ci
'sses, residing in this city, who have h,
'reunto signed their names with the said h,
'pearers and me, notary, after due read
= Of the whole, and the said appearers q,
SO declare this to be their original stock 81
description list. a.
witnesses: a. Giffen Levy, A. Riggers. m
ORIGINAL SIGNED: h;
Mrs. James L. Turnbull, 243O Nashville It
re-, one ID share; Jas. +. Turnbull, 243O nc
ishville Ave-, two hundred fifty (25O sb
ares; Beulah NJ. IsOm, 9O3 Henry CLAW sn
'e, one Q) share; j. e. Nicely, lois Lee his
tine ST., one (D share. co
lSeaD: RUDOLPH j. wEINMAN,N ii
Notary Public We
lseaD: RUDOLPH j. wEINMAN,N M
ly Aug. 10. 10