The herald., 1922-09-14
cHARrs

this LIE ". n,
iLnw'enty-fiye Inn I'm is 49,
ana ana fifty sharsseehted bTSSSE
one Hundred les, Of Il. AN
corp |a;a tGT in ash s sssTsI
TO, 70 IT, or serviceo!y proptrt,
dssessable. Oe tplly 20
% Inc me capital s,o,,. I'll
may be hi ss@eTSs = T6oussssSs. I'll
me us., discretion Of = a, 4 diViGs,
when the conditiotss stScss =
may ''i also II fedn The BS "a y M
c time to time from me }, eapitN
part Of ''f its By shall ealing i
drawings Ti from amo,to
recorded in sucS ong lie rt
'S re- upon By tn. T SSa.ss
No No stakeholder .s oSa'd qbSE
same i'm in w Tiithou, tifsSI' t !: II
ers' who shall So ~ tae Oia.r
SOLD 70 same same and whiS 90 "
stockholders faiI ~ bidder 81
me privileges w ~ avail a:s.
ana sod sold to any other nay M: 81
VeTeCS in Of u. this corpora u \. II
70 De composed Of e, Ua
stockholders, bu, ', not lsss
S siaali from tim. ms !, aOaSe
vened. neetinr
o oUrSnip through death SASy hs
naming directors ' ~, asS
49, HTre OF a majority o, ns
, directors dis may elect VI lie
mold office for tSs HoS
Oh the term of ths a, uneIpts
S SFall be vacant and S SS,S W
ot a successor. An snui u
pioyeee elected or ettx
% boa nH Of Directors -S Sss
al any time by a VOTE 1 J, =
Oh the whole of The I've s, u I, J
The The Board Of Di f
discretion, by affirma,'nn. ~
ma Jority of the entire Ap I've "
.ors' appoint from The S Sr 4
tors an executive co, DO1t {
less less, than three. Of which Y
committee may have y, Y
ny the stockholders 'A's'fsd
The board shah elec,
Der a president, one - Iva
presidents. ana a secrs; y 10
urer OF the Corporation ~, y
Two offices may Be eon Ss Z
person and may be fiIIss !.
director or a non-stOckhoIS.,T "
ANY director unable "a, :.
70 act or be present Al a.
give ms PROXY to any 9TH, - -
act in his place and s,.sS Gn
The Board Of Directo-s
ana at all times eIerci.. y
corporate power (whsp ~,
majority OF the stockhOls,,.
ing the power 10 lesss. ~
or convey any part AZ N. !
plant OF the corporatiou. y
property upon which n
either IN whole or m nar,.
me assets OF the eorpcns. \
whole, and TO merge ths ~
alton with any other -.
directly or indirectly: ana n
IN payment Of any such y.
mortgage, transfer or mere :
paid certificates Of stock a ~
corporation. and 10 distribu,, :, !
paid certificates Of stock d h =
holders of this corporator h
portion OF their holdlngs h,r,,
time OF the consumnatIoa =
transaction; to issue Shares 7
up To the amount 10 which NJ
charter, the stock mar ). ~
provided the total PROPOSED :,
shall be read at one mseupr y
over for action at the nsri y
OF the Board Of Directors ~
adopted, and on such acton 4
stock shall be first offsrsd q )
listing stockholders in the pru,rlI
their several holdings Vii =
days privilege to pay iu d, ,
before any stock is Offered IN 4 |
SUBSCRIPTION TO other persons
The board is given the lstx.
fix salaries and TO change u
at pleasure.
The Board OF Directors d |
elected Immediately after III uul
OF this charter, without noto e I
formality. The board thus slxk
serve for one year, or unul u I
Monday of September, 1914 M I
after, or until its successor 3 z
and qualified.
At the expiration Of he irI
office herein fixed for the IN
the Board of Directors snail 4 Z
at a meeting Of the slOckhan
be held in the city Of New
annually on the first NonclT
TENDER in each year. al vAa
ing any matter OF interest % D
poration may be discussed NJ
mined as a matter OF coux
previous notice.
ARTICLE vi. The slseus
Board OF Directors, As The ers
OF stockholders, shall k ~,
by a vote Of the majority o. y
present and represented, eur
son or by proxy, al sucf -
unless otherwise required " ~
teen days notice Of al ns
stockholders shall be given
The notice shall be sent . ~
known postoffice address d y
holder, and the stockhoicd -
cord his postoffice address VI
secretary OF the company u Nv
OF his failure to do 80 -
dressed to the stockholdd y y
leans, Louisiana, and dspchn
postoffice at New 0rieanh ~
will be a sufficient notice v u
holder aforesaid. ,.x
ARTICLE VII. No stoeAnsss
ever be held liable or rss
the contracts or faults Of ~
alton in any further sum =.
paid balance due the conr
Shares OF STOCK owned y
shall any mere informaiiu
cation have the effect Of ls r.,
charter null. or o. i su.l -
stakeholder to any liaDiii1
unpaid balance due BY lie
ARTICLE VIII. THIS sa ~
poration may be ehangse ~ -
altered, or the capital sioa -,
or decreased in the manns ~
by law, at a general ms's 49, 4
for that purpos, altef n5 !.
notice mailed by the 80, !, .
treasurer or the secrst,A.l n.,.. I
above set forth. or dsii'a
IN lgR sTIS;i; TX. whens,.s.
is dissolved, si ,s., as
lion or from any oil on |, ~
affairs shall be liquidaIss. = N
selected ir 7. Is,.sI 3
holders at a general Or ss<
ing of the stockholders ~ -
laws written notice ~ ., ~ -
and treasurer or the ses sv d. u
set forth, or delivery " ss>s
ret in person; the a., .,.s.,sdr
ais 10 be chosen BY : p "a IA ..
yote Of the stock casi :, y. 81
,y the owners thereof. .d =
IN the books OF the , ~. 4 ~
late Of the said meeuls fss
~, ,y'' proxy, each share Oh
untitled TO one vote. A.. d,st