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

person or by written proxy, for each share !!
Of the capital stock held by the stock |
holder, or the stakeholder may send his |
vote by letter, the signature of which !
must be acknowledged before a notary
public or other officer authorized to take |
affidavits.
ARTICLE y-The corporate powers of
this corporation shall be vested in and
exercised by board of directors to be
composed of eleven stockholders to be
elected annually at general meeting of
Tuesday In January of each year. A ma
jority Of the board of directors shall con-
stitute quorum for the transaction of
business unless the bylaws of this cor
poration, adopted by the board of direc-
tors, shall provide for lesser number.
Notice Of such meeting and Of all other
stockholders meetings shall be given by
written notice addressed to each stock
holder at his last known place of resi-
denee and deposited in the post office at
least fifteen days before the date of said
meeting. In case the law should prescribe
a. different notice then and in that event
the notice to said stockholders shall be
as required by law.
Any vacancy occurring among the d.
roctOrs of this organization by death.
RESIGNATION or otherwise, shall be hllsd
remaining directors And the said board
shall likewise elect additional members in
case they should determine to increase the
number of said board.
to time, name and appoint all such other
officers, including one or more vice presi-
dents or agents, as 1t may be necessary
for the purposes and business Of this cor
pOration, as well the salary or com
pensation and the powers and duties, of
every officer, agent and employee, shall
be fixed and defined by the board of di
rectors. and all such officers. agents and
employees shall hold office and employ
ment at the pleasure of the board of di-
| rectors; and all officers and directors
hall hold ar - Il.
stockholders who may displace or elect
the successors of any one or all of them
at any time. at meeting called for that
purpose, by notice delivered either per
sOnally to the stakeholder or deposited in
! the post office at his last known address
| fifteen days before the date Of such meet
| ing.
The president may at any time call
| such meeting, and if the president or Of
| ficers Of the corporation refuse or fail to
call such meeting when requested to do
| so by the holder or holders of twenty five
| per cent OF the stock of this corporation.
| then such holder or holders of said stock
may call such meeting after giving the
| notice hereinabOve mentioned, at the Of
| fce Of the corporation. IL, for any reason
| the use Of the Office of the corporation Is
| refused, or Ii cannot be used for such
meeting, then the caller or callers Of such
| meeting may hold such meeting elsewhere
The said board shall also elect at said
| meeting secretary and treasurer, or
| one person may be elected to act In both
| capacities, either of whom may or may
not be member of said board.
| The board of directors may make and
| establish, as well as alter and amend. all
| such bylaws, rules, and regulations not
inconsistent herewith. and deemed neces,
| sary and proper for the management and
| affairs of this corporation, and said board
Of directors, which is hereby clothed with
| all the corporate powers of this corpora
ton shall have full power and authority authority
property, real, personal and mixed, and
sell, convey, mortgage, hypothecate. lease
and pledge the same, borrow and lend
and hypothecate same to secure said
loans; to make or sign contracts or cause
same to be made and signed by Officers
and directors, especially or generally au
thorized for that purpose. and to do an!
and all things reasonable, convenient o.
necessary for the proper conduct of thu
business and affairs Of this corporation.
The first board of directors and officer
Of this corporation shall consist Of: Juhu
Bodenger. whose post Office address i
No. 157 Delaronde Street. New Orleans
address is No. 52S Bouny Street, New Or
leans Louisiana; Frank c. Duyic, who's
post office address Is No: 323 Morgan
street New Orleans, Louisiana Herber
7O1 Opelousas Avenue, New Orleans. Louis
lana; william j. Hennessey, whose pos
} Office address is No. 81 Pelican Avenue
New Orleans. Louisiana; George Herbert
Jr., whose post office address is No. 20
! olivier Street, New Orleans, Louisiana
DR.. Alfred c. King, whose post office ad
dress is No. 3O5 vallette Street; New OF
: leans. Louisiana; DIR: Charles v. Kraf
whose post office address is No. 500 Ver
: ret Street. New Orleans. Louisiana; RaIp
p. Nolan, whose post office address Is ~
lana; August Schabei. whose post offiC
! address is No. COL Patterson Street. Ne'
Orleans, Louisiana: Adolph SpitzfadeI
Jr whose post S % adsaess Is nS
with August Schabel as president; Juliu
$ King, vice-president, and Adolph Spit
s shafi hold office until the third fuesda
I in January, 1924, or until their successor
shall be duly elected and qualified;
failure er to ts sset eeecn shS nOt %
J solve this corporation. or impair its co.
), pOrate existence or management, put u
directors then in office shall remain In o
: fee until their successors shall nave Dee
$ duly elected and qualified.
ARTICLE VI-This act Of incorpor;
e ton may be modified. changed. altered
Il amended or the capital stock OF TINS CO.
s or this corporation may be dissolved VIII
o the assent Of twO-thirds of the outstant
: ing stock Of this corporation present !
y represented at general meeting OF q
e stockholders convened for such purpo'
D or purposes. after previous notice OF sue
h meeting shall have been given to eat
e stakeholder e1tner III pefsOn OF ny hVtf
: addressed to him Mt his last known pla'
Il of business, and deposited In the mail
s the United States at least fifteen da,
d previous to the date of said meeting. III
s less other notice for a meeting OF SUE
character be prescribed by law. In whft
m event, the said notice shall be given
q conformity with the requirements OF sa
h law.
n Upon the dissolution Of this corporate
T. either by limitation or for any other eau
= the stockholders at a general meetiI
called and convened, after due notice
. the manner hereinab0ve provided. sha
a elect from among their number thr
= liquidators, with full power to sell al
= iiauidate its Affairs. collect the outstan
y ing debts, sell and convey the propert
pay its debts, and divide the rema1niI
money among the stockholders. and inve
/ them in such other power and authori
/ as may be necessary and permitted
ID law; the said liquidators shall remain
= office until the affairs Of this corporate
!. shall have been fully liquidated, and
case of death or disability Of any one
said Iiouidators, the remaining liquid
tors may fill the vacancy or continue
A act on behalf Of the corporation. and
the event Of disagreement among sa
i Iiquidators, the action Of the majori
shall prevail and be binding. :.
I'll ARTICLE Vino stakeholder shall
Il liable or responsible for any costs, co
Il tracts debts or faults Of the corporate
q or any of its officers. nor shall any me
4 informality in organization have the enc
Il NJ rendering this charter null and Vol