The herald. [volume] (New Orleans, La.) 1905-1953, 1922-11-30
CHARTER.

CHARTER.
to the action and call Of the board
directors, In conformity with the existin
provisions Of law relating thereto
The parties hereto hereby subscribe II
the number Of shares Of capital stock
the said corporation set opposite their r.
| spectiye signatures on the subscriptio
list attached hereto and made part her,
Of
| ARTICLE Vail the corporate power
of this company shall be vested in and tn
management and control of it's affair
shall be exercised by board Of director,
consisting of not less than three and no
more than five stockholders, a majority O
| whom shall constitute a quorum for tn
transaction of all business. The direc
tors shall be elected annually by tn
| stockholders on the third Tuesday O
January in each year. Each stockholde
snail be entitled, in person or by proxy
10 vote for every share owned by him
and all elections shall be held under sucl
rules and regulations as may be de
termined by the board Of directors afte
hfteen Q5l days notice by mail Of sucl
election shall have been sent to eacl
stockholder at his last known address
All voting shall be by ballot. The di
rectors thus elected shall continue In Of
flee for one year, or until their successor,
shall have been duly elected and qualified
any vacancy occurring on said boart
snail be filled by the remaining director,
1or the unexpired term; the said boart
shall likewise elect tho additional mem
Ders In case they should determine to in.
crease the number of said board; and all
onlcers and employees shall hold office al
the pleasure of the board.
The board Of directors shall elect an.
nually from their number a president. and
may elect one or more vice presidents
oil
treasurer, which two latter Offices may be
hlled by one person, and which person or
persons need not be a stakeholder Of this
corporation.
The first board Of directors shall consist
OF three go stockholders and shall he
composed OF Juan Argote whose post Of
flee address is No. 7529 st. Charles Ave
nue., New Orleans, La; Pascual II. San
chez. whose post Office address is No. 734
a rabella Street, New Orleans, La. and
Egidio lore. whose post office address
rs NO. lZoo North Broad Street, New Or
leans, La. with the said Juan Argote, as
president: Iascual r. Sanchez. as vice
president. and Egidio Tore as secretary
ann treasurer. The above named board
Or OF directors shall hold Office until the
successors are elected and oualified
The board Of directors is further an.
thorlzed to frame and adopt such by-
avs rules and regulations as the affairs
ana business Of the company NAV reouire
,nd IL may deem necessary for the con
I'd the same does not conflict with This
,harter and the laws of the state OF
LOUISIANA and those Of the United States
- -"eira 10 name and appoint man
sers, NIX their compensation and terms
'I employment, as well az name and an
,olnt agents and employees as in its dis
retoh may seem mt and proper, as we'll
Is TO NIX the salaries and terms of en-
oyment Of the officers, EMPLOYEES.
Jerks and assistants.
The board of directors NAV. at anv
iIne, issue any unsubscribed stock, upon
ayment therefor. in accordance with law.
such person or persons as the board
nay deem proper.
NO transfer Of stock shall he binding
q tfis corporation unless made upon lis
ooks Oy the surrender Of the outstanding
esr.lncate properly endorsed by the re-
ls,ered owner, or by his duly constituted |
gent, or legal representative. and in &C.
ordance with such rules and regulations
the coard or directors may prescribe.
ARTICLE VI-Notice Of all meetings
elu Tor the election Of directors. or for
ny other purpose, shall be given in writ
~ ny the secretary, and may be served
ersohahy or deposited in the mail adj.
ressed nfteen Q5) days before such
eeting is held. and directed TO each
ockholder at his last known address. as
=, re same shall appear on the books Of
aivo eJ? q, unless said notice is
'Iuers appearing cfon the books. At all
eetings OF stockholders a majority OF
e VOTES cast shall be sufficient to elect
-, ue ec an questions voted upon. ex-
solution Of the corporation.
ARTICLE vII-This charter NAV he
odined, changed or altered. or said cor
:! aion may De dissolved with the assent
is.ocknoiders owning two-thirds of the
!, =, capital stock at general meet ,
lrpose after fifteen days written no. !
e shall have been given to each stocS.
'lder' mailed to his last known ad- q
ARTICLE vIII-In the event Of the
io ouat ion or dissolution of the corpor- !
uldators from among their number. nj I
meeting convened for that nnrnose
el zen days written notice sent TO each :
ess so;d ny mail to his last known ad-
ority to wind up the business and AZ. !
rs or this corporation. In case of death 1
either OF said liquidators. the suryivor Q
him. Successor
, aMIiGLE NnNo stakeholder of this i
'ponsible for the Contracts or fenIts
,leot IN any further sum than the nm
ID balance due the company on the =
'Ies OF stock subscribed for or owned h
MN. nor shall any informality in or !,
ahatlon nave the effect Of rendering a
chsrter null or OF exposing a stock. 8
)ve. 'Ao' set oot 9
nus done and passed. in my Office. at 81
Cuy tf New Orleans. Parish Of Or.
ms; state Of Louisiana, on the dsv
ntn end year herein hrst above writ o
IN the presence Of August II. Ritter "
Miss Amelia Babin, Competent wifi.
: ses; VINO hereunto sign their names u
~ ,ns ssio appearers and me, notary, n
rers Presenting to me, to be ANNEXED Ia
ms act OF incorporation and for identi- u
tion herewith. what purports To he 81
nIty thousand dollars ESQ. 600 OOl j,
s,haI SUBSCRIPTION list to the capital i
* OF said corporation. 1.
illnesses: A. II. Ritter, A. Babin.
ORIGINAL SIGNED) m
nan Argote, 800 Q. 4 c. BLDG: p r IN IN
cnez, IS4 Arabella Street: Eeidio Tor. 49,
izoo North Broad Street 81 81
,eaD IN o1usrrno az 81
Notary Public. We
the undersigned. Recorder Of Mort nv ~.
rs. In and for the Parish Of Orleans, do IN,
'by certify that the above and forego. ~
act CT incorporation Of Juan Argote Dc
inc, was this day duly recorded in W.;
ONCE In BOOK 1878. folio -
ew orleans, La, November 9Th, 1922.
igned) RoBT SCOTT be
49,. Deputy Recorder. da
eaD I'M oUINrrRo vel
q NJ :. Notary Public 10