The herald., 1922-06-29
CHARTER

T E,,.,i-I G'ir' or represent,,,
hoard 81 directors Of eulative
a',InS IN default Of thu said cosg
Shid person or persons Cooper,
pom ID" receipt Of m.
'h'r "i any Sharrholdsr onet o.
stock. "nd upon obtainin. 70 pOrch'
factory TO said board fog gsaafsi,s
OF. TO-" board of dir TIE pne, Y
-lN" motto" 10 the ovno'rs shan
80; ~. VI representatives sr 9e sist
,ti ,''',.I' 1I the period ~ u BEN
'I"r'>'id. shall call in ,ba' eight
''ri lli,''"S REPRESENTING S sv., eefus,
PAY IN" price or value ,h such Nsf
liz same 10 be transferraSSf eot al
of the corporation. ''eu On d.
e. The preference on,,.
pur"ha>". heretofore ves. oI and ia
graph ~ in the other sSou By 4 l.
exist IN fun force and aarehodsr
Z" acquire the shares eVt IN ihs,
ceased >tOrkhOldpr ana stock
H ,i,i ,""r>r "i procedure. t5e Ions
' ni,'"''', >,ihniationS and az 'a,
Hu"E' established in said MAYS q,
apply IN al RESPECTS 10 NJ poafagrA
%" followed in ease of des,p pfocsSa,
np"n receipt of informant lime E
"t any shareholder. il shop Of tAs
OF tn" board of directo,a be u.
necessary steps to be tate, 70 clVs
ana enforce these provision, " e'sT
CD The preference on,-
81 purchase. herrinabova pst ,oa aAa
run in favor of each ,ees,1oisAt
for his yirilr share in n,noOef q -
existing holdings in tho ps.opOrtOA h
any shareholder fail TO exerr S O9 y. u
III 'hlN regard. his rights sbsr hh d
ana u" absorbed by the ' os pa
holders, provided that ths O'nei IN
widow, heirs or legal ren,s.. osn,'
tn" ease may be, shall moi ~ .u,tIs
deliver said stock unless The y. Niss
chase IN" same SHAH inclnS.a eN .
IN" entirety of the offerinS 1he n.
graph ll, or all Of the Io, JlOr
Paragraph 90. "V'uihss y.
90 Al certificates n, St.,
brief reference TO tho 49,; $3.50 sea
tahii>hed III the favor Of the s,e osi',
ARTICLE V-All the co,no,..
or this corporation and tho n M
and control of its affairs ,na,asas
power To sell. transfer. pledSa ,uales
OF all or any part OF the ~ U.s. +
corporation. shall be weston H.
errlSed by a board Of dirac,o.s N
ot three stockholders, a maio,,,, VIE
snail constitute quorum 10, V
action OF all business. The dir, ~
he elected annually by the s,.ISn I,
NJ meeting to be held on N" aa.e |
day after the first SUNDAY =, ny u
IN the month of January, said nss, ~.
De preceded by three days wrltts, :.
TO the stockholders. Each s,os., ~
shall be entitled, in person or ~
to a vote for every share OwnsS Ee
and all elections shall be hsld ma
rules and regulations as NAV
mined by the board of director,
rectorS, when elected, shall ro,,,.
Office for one year, and until n.l
ceSSOrS have been duly eiectsa ,.a
qualified. No failure 10 elect ,h.S
ate the forfeiture Of this ch,,,s,
vacancy occurring on this board a.,
hlled by the remaining dirpcto,, y.
uneXpired term. The board N H..s
shall. at its first meeting sfts, :.
ton, select out OF its number 4 n,.,,-
and one or more vice-presidents mi a.
also elect a secretary-treasurer. via III
not. however. be a member Of N, -.
The president shall have the riebt n :
Point uHG dismiss the clerks sTa :.
employees of said corporatiOn Al -
IRE. and as the Interest and bus,.~ ,
the same may demand. He NAV rrs
this authority by proxy. Any A.,
being sick or absent or about IA H.
himself shall have the right IA ,,,.-
by written instrument. another Az,
or stakeholder to act as his prnrv 4 :
stead at any and all meetings Of a, !,
board of directors during bis ,Av,,
The first board OF directors spd SsI~
shall be composed of the following M.
persons, who shall serve until the ,sDr
to be held in 1923, namely: CharIs
Burthe. president, New Orleans, Ia. 7
Il. Sirera, vice-president, New Ork,s
La; {. j. Everett, secretary, New b
leans, La.
ARTICLE VI-The funds Of this =
pOratiOn shall be deposited from m,
time in a bank or banks 10 be selatI
the board of directors. All checks M
or other instruments drawn, execute Z
y
half, shall be signed by the presdsEl .
the vice-president, and the Ncsr
treasurer. No officer shall thus In {
indOrse the name of the eorpsfatiOa n
strictly In its concern.
ARTICLE VINO stakeholder sAsE \
held liable or responsible for eOntna
faults or debts of the eorpOratOs "
shall any mere informally In Its 9ya
cation have the effect Of rendering b
charter null. or Of exposing any sd
holder 90 liability beyond the unpaid h
anra due on the shares owned BY hn
ARTICLE VIII-This act Of incpun
tiOn may be changed, modified. q 3
tered. or this corporation may k b
solved. with the consent OF the sn
holders owning twO-thirds Of all The ga
of this corporation, at a general n'.14
convened for that purpose, and ana
least three days written notice =
meeting shall have been given lMs
mail. addressed TO each stockhois
his last known place OF residence
case of dissolution by the eIpirsIM
this charter. or otherwise, the 90
holders shall elect liquidator IRON ~.
their own number. who shall na" :
to settle and wind up ths y
ness and affairs of the COMPANY =
terms and conditions OF, and tne ~
SatiOn for such services, shall pe ~
the time of election. In case Of NE W.
or disability of said commlsaoaa
liquidator before the liquidation
affairs of the corporation, the sae,r
to fill the vacancy may be appolniA
the stockholders.
ARTICLE IX-Any and all noilcs :. :
delays provided for by this chana
be waived by the unanimous VIZ 4
the stockholders or directors u0H'
pressly prohibited by law. IA.
ARTICLE X-The names ana -, -
of the subscribers 70
tai stock of this corporation'
number of shares subscriber w
them. are as follows: "a 4
Charles A. Burthe, New ofl e.,a.,. b
shares; W. Il .Sirera, New 0 0n,..., a
! share: e. j. Everett, New o'e''
l share. .sts
Thus done and passed. IN my ' ~
office. at the City Of New Orleass ~
said. in the presence OF X Ls.s, ~
Argote, competent witnesses, ", m
age and residing In this cry, W., u
unto subscribe their names tOssIss a. n
said parties and me. notary, ~ M
and date set forth in the esp. s,s
Witnesses X. Lewis, J. Ars'A
ORIGINAL SIGNEDD; s,,,- e.
Chas. \. Burthe, W. b. o"''
Everett. , nlRT. u
(SeaD: HENRI Notap p.
I. Henry p. Dart, Jr., not a,y.soIof 81
certify that the above ana io's IA ID
true and correct copy OF NC -
of Oaxaca M shfs
pany. Inc. passed before m'' ,otsral 9
of which is on file In III!
chiyeS. n nkRT, "
(SeaD: HENRI yotary h's
June 29-Aug. 3.