The herald. [volume] (New Orleans, La.) 1905-1953, 1922-07-20
CHARTEp

-, ,i"- IN default q, " sad
''ld person or pers \, the cs.,,sSSs
Upon the recain, Dus ra
. .,n.'. 81 any sharehooiLslts Tie o.,
C ,o,N b. and upon obt oGet to S,sA
.!'i"ry 10 said bossah gVs.S.
OF. lh" board OF 4 a. Tor ts u
-.,. notice to the oa,r,eetOfs ,s.sas
agent or rcpreSen,snnher Of ~
afor.~ai iG" s ~ fhe e.I period ~
,'I .'' ,r i'es representinus The 80,
pay the price or yains such
~. are I'm, ,gi"' to be transit, Thereof -
pa n, Lne Preference Preference, optI,,
-I'th ~ in the otSs, vested S.&
rA'>t IN fun force and ssAarshoS
10 ''Iuir" the sbs,od. elect IA 4
''a>'d Ntockholder 80 Of stOct T.
" anu '"urN" Of proceSnu TIE r.
dIiionS, Stipulations the ,sS
ab"E" established in ana dels,,S
~, LIN. IN all respects ' to ,paraS,,
DE- followed in case Of !, S the pro,
"p"H receipt Of uesth lsss
~ any shareholder 4, 'aIon Of ~ 81
ol me board Of dr. all B.
necessary steps to no ,'Crs 70 :.
ana enforce these prov tisken to - -
90 The Preference 'lol'
p ~. purchase. hereinabovs Oploa u,
'H III favor Of each sbe.e stabEsS
i"I MS Nirlle share ;.'Ieh0ca, !,
existing holdings in ~. pfopOrts,
any shareholder fail t ,n stock h.
ana be absorbed BY n.y. shsn y
holders, holders, provided that ',e oh,
M,lu"W' heirs or legal IA, une oEh.
lnr case may be, shan iHeipifeseltif,,
n i''' said stock unies, U ~, be vi,
mas the same shan ;n .le ofsn \
me entirety Of the Include AZ
graph o., or All a, O.,erlhg md.
Paragraph 90. VI Tue hOllh,
"a Al! certificates
j brlet reference TO the s,.9ck sA,i
tahliNhed in the favor ., ushts ts, /
ARTICLE Van the . .ne s''t
OF TINS corporation ana ',Iarponb
anu control of its affair." e na,,s.
power to sell, transfer ny hehGS
81 all or any part AZ ighleugs o.
corporation, shall he we ae asset
e y. ,,' by a board Of dirso S u y
81 three stockholders. a msiac,i,s W.
ShaiI constitute quornr -'Shty IL
a'tion Of all business, tn. iOf ID
be elected annually bv ~ uiect1a
~ meeting to be held on Goils
iay after the first Snnda. ue hrs
IN the month of Jannarv u al
" w. preceded by three days W., ns'
70 the stockholders. E,ch' 'na
Shall be entitled, In persoo sNti
10 a vote for every sha,a W I'M
ana all elections shall he oShN b
rules and regulations "a A s ants
mined by the board OF di,.o,!
rectorS. when elected shan u
oliIcr ior one year, and until Iv ,s1e
c ',.1Io nave been duly eIertsa ",
qualified. No failure 10 ola, as
ATE the forfeiture Of this cs M \
vacancy occurring on this hos.Ia
hiled by the remaining dirar,a... y
uneNpired term. The hos,S n
snail. at its first meeting az, IN
non select out Of its number ! ~
ana one or more vice presidents rss
also elect a secretary -tream..,S ~
not, however. be a member A. AZ
me president shall have ths 80.
POINT ana dismiss the cleric
employees Of said corpora,io, aa'
IRE. and as the Interest and ~
the same may demand. Hs n Sss
inns authority by proxy. AM
being sick or absent or sbout h ~
himself shall have the rirht "a -.
by written instrument, a1oth,, ~
or stOckhOlder to act as his n,a,,
stead at any and all meetings ~
board of directors during hs -.
The first board Of directors ass
snail be composed Of the foIloyis, =,
persons. who shall serve until M -
to be held in 1923. namely: CyI.
Burthe. president, New Orleans n, n
Il. Sirera, vice-president. New -
La; I. j. Everett, secretary, Nv N
leans. La. " 4
ARTICLE VI-The funds a, M :.
poratiOn shall be deposited from n, /,
Time in bank or banks 10 be sjsss N
the board Of directors. All eAsck, !.
Or other instruments drawn. ersTS !,
ISsued. in the corporations name All !
half. shall be signed by the presdsr 4
the vice-president, and the srsr
Treasurer. No officer shall thus IN I,
indorse the name Of the cOrporat0, n
strictly In its concern.
ARTICLE vino stOckhOldsr A,I ,
held liable or responsible for euurn
faults or debts of the cOrporsim 4
shall any mere informally in its wu
cation have the effect Of rendshu 4
'harter null. or Of exposing any ID
holder to liability beyond the unplii y
ince due on the shares owned BY In
ARTICLE VIII-This act Of insun
lion may be changed, modified, q I
tered, or this corporation may n b
solved, with the consent Of he 80
holders owning tw0-thirds Of all he "a
II this corporation. at general Hsrl
for that purpose, and its
east three days written notice y 2
meeting shall have been given ti'Ni
mail. addressed to each stockAolis
MS last known place OF residence
,ase of dissolution by the erptrsnn
his charter, or otherwise, the SO
holders shall elect a liquidator from NJ
heir own number. who shall hiv ]
to settle and wind up tk :,
ness and affairs Of the COMPANY ,
erms and conditions Of and the eerl1
iatiOn for such services, shall Be In
he time of election. In case Of ne n
,r disability of said commissions
before the liquidation
lffairs Of the corporation. the slcs.
o fill the vacancy may be appolan
he stockholders.
ARTICLE IX-Any and all nolns =
lelays provided for by this ehind :
,e waived by the unanimous eonsh
he stockholders or directors uhlss
,ressly prohibited by law. -
ARTICLE X-The names and pes..
addresses of the subscribers 70 y, Y
al stock Of this corporation. M
lumber Of shares subscrioed W ~
hem, are as follows: -,
Charles A. Burthe, New orleans =
hares; w. Il .Sirera, New Una.A i I
share; C. ]. Everett, New o'i'''' :
share. ,.r,
Thus done and passed, In ny ~, y.
ffice. at the City Of New orleans n
aid. in the presence Of K. Less -
Argote, competent witnesses :.
ge and residing in this cry, ., Z,
nto subscribe their names 'oss'.sss a. 4
aid parties and me, notary, ~ IN.
nd date set forth in the capuss
Witnesses: X. Lewis. j. Afs"@
(ORIGINAL SIGNED):, s,. {,
Chas. A. Burthe, W. b. s'ie"
,verett. n.pT n
(SeaD: HENRI r. -, Ptbl
/. Henry 2. Dart, Jr., notsl, ..ynI,r )
Gritty that the above and iof' y.
rue and correct copy OF Ine An q
Of 0axaca stean ~. 80
any. Inc. passed before me- ..,sl
{ which is on file in my D'
hives. n.pT II
(SeaD: HENRI Not,ry Pss'
une 29-Aug. 8.