The herald. [volume] (New Orleans, La.) 1905-1953, 1922-12-28
CHARTER.

tice of said meeting shall be given ten
days prior to the date of said meeting. in
writing, sent by mail to each stakeholder,
AT his last know place of residence. The
board of directors may change the date of
said annual meeting 10 any other date. by
written notice to that effect, sent at least
ten days prior to the date to which said
annual meeting shall be changed directed
by mail to each stakeholder, at his last
known place of residence.
The directors. when elected. shall hold
Office for one year, until their success
SOrS shall have been elected and qualified.
and failure to hold the annual meeting of
stockholders, or to elect annually direc
tors, shall not operate the forfeiture of
his charter or any rights hereunder.
Any vacancy occurring in the board of
directors may he filled by the directors
| for the uneNpired term.
ARTICLE Widths charter and act
! If incorporation may he changed, modified,
altered or amended by and with the con
| sent of threefOurths of all the stock at
| a meeting, general or special, held for
that purpose; and such amendments may
1 be material immaterial, subject only
| O limitation, as may be by law provided:
and this corporation shall have the right
and power to increase its capital stock.
as hereinbefore set ont. and any increase
J of the capital stock in excess of the
! amount named herein as the amount TO
which capital stock may be increased, may
/ be made by three -fourths vote of all
outstanding stock.
| ARTICLE IX-Any anG ri meetings of
! stockholders referred to in this charter.
or required by law, may be called by
| ten days written notice sent to each
stakeholder at the last place of residence
Furnished by him to the company.
| ARTICLE N-ln case of the dissolution,
| liquidation. or termination of this char
ter by limitation or otherwise the affairs
| of the corporation shall be hquidated by
one or more liquidatOrs elected by n two
thirds vote of the stockholders, who may
provide the number of said liquidators
and vest them with such power and au-
! thOrity as may be by law permitted, fin
| ing the terms and conditions upon which
they shall serve, and their compensation,
and provide that in case of death and dis
ability of any one of said liquidatOrs, the
| remaining liquidatorS may fill the vacancy
or continue to act on behalf of the cOrpO-
ration.
| ARTICLE XI-No stakeholder of this
| corporation shall be liable or responsible
| for any costs, contracts, debts or faults
! Of this company, or any of rs officers; ;
nor shall any mere informally in Organi-
| ZatiOn have the effect of rendering this
| charter null and void, or of exposing a
stakeholder to any liability beyond the
unpaid balance due on the stock held by
| him.
! ARTICLE XII-The subscribers hereto
have written opposite their names the
number of shares subscribed to by each
of them. and their postoffice addresses
| so that this charter may serve as sub
| scriptiOn list; all of which subscriptions
are payable in the manner and form set
out herein. and provided for in Act 26l
of the General Assembly of the State of
| Louisiana of 1914.
! Thus done and passed at my office in
the City of New Orleans, on the day and
in the month and year herein first above
| written, aBd in the presence of \. j. Nj
taud and John +. MOnnin. competent wit
nesses, who have hereunto signed their
names. together with the said appearers,
and me, notary, after due reading of the
whole.
/ Witnesses: A. j. Nicaud, John +. Mon
! min.
| 1oRIGINAI, SIGNED)
| T.. J. LacoSte, New Orleans, La, D
! shares; s. Z. Lawless. New Orleans. La,
5 shares Henry p. Timothy, New Orleans
| La, $50 shares; p V. Lacoste, New Or
leans, La, $40 shares.
WILLIAM J. GUSTE. .
(SeaD Notary Public.
| Recorded NJ. o. Il. 1919, folio =.
\ true copy:
| WILLIAM J. GUSTE.
lSeaD Notary Public
| Nov. 30-Jan. 4.