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

o en-, ana agents 'y az slcs
IN. .l-e'.e Of the - a.. tie ne.
.i",' rules and re I'M s.ststll.ss e
d-"I.Nt Il the ces.t.1'ons ~ a.
.'.'' .s>+Tg and pronap.o 'ati0a :,
'AdL-" ~ alter AZ and - u
ana perform ali a., pleaslrs.
and rT-'a7y 70 carrv 0 0i1s,
a. al i,LE H. All go2'Do',,s,
= IT,. ,,i.ier' x thi, cor5 os sesysi =
or lis absence. UbobP ofatiGa "a j.
d.t 'A else u The y, lAe Vh.s
Den, md Vice Pre.iSs'oeseae n -
-a's treasurer Of tbi thu GD00 4
r. AisI T. Ill Tas I ~
t.s'' l'r WATCH this objects ;.
t.'--1 aud the natgrs spporltio,
y. aired On by ii a., y Ise as,
I, De-. - carry On I ie he'stT = +
~ leans la. and -. "a Tue e;, =
~ " -'!.,aI- or ra,,T'i1sie us
anu produce. in an TI'at tut z
90 DO any and ali ~ 0raBs'
am III, oE Incidental ,Ssss-s ~
r 1-' Ses! produce iiaseis.1; y
80. ~ business, ami ;.ag o
49, 49, FRY ami proper ~ 70 % 4
successes, 10 carry 81. - e1fJ
'...-,-''a business in s' ~ q gslss
'-4-l.,e and prod1ca s~'a Gass
ARTICLE ". IT..
'THs-s w. grafton is hersb1g
=, : . f. ..,', -I Dollars Ia 8 /
on '-r par value OF ~ llf
. =, $4,000 each. WE Sls Hlats,
loG .- cash, Or which ~ "a
properly actually rsrs Ii.4y os Ia
Fo'l.Ju 40 lis fair 20 b y &
cent? u -ae capital s,o ,Slle n
- s. lore the tlins AZ "a "a
,t. ''.., ''satIoa. and 6ftc Ies 3
s-S >t.l subscription Sbsl ps' =
s.' i4i' corporation -, a. 4
lied 20 10 business 'a4L De
The capital stock a, 81
nay re increased 10 on 'I ~ .lq
sand Dollars tSl0O. 900 G9 h'a4sa i
NJ transfer Of stock shan
on lLis corporation uaIas sS4.i 3 i, I
corded Oh its books -sls =
sAab have the right 10 .sa son
Wy any Of his stock in s.el.l'is' n
10 any one unless b. sb.1 eit1e
- 80: o-er 10 the other >, u
~ -A-s corporation and Ia , SAoas
,.o1 4l>'iI Offering to seli .-e a
stock az the book yalus 49, "a
Closed az the end Of ia .slsat
ear Slea written or. sss.l,
dressed 70 the then stoetb "a I
corporation collectively, ana 'I ~
llNered at the Office ~ - ma
1 ne corporation shall 49,. ea;la;z
70 the then StockhOlders ny q
yt the stOCEhOlder desi,;,.S a4 y
De distributed pro rata , /" Z
osner lHen stockholders az 80.
chase. IN the proportion 4 ?
holdings Of the said stoeE5o,.-a
ing 70 purchase bear IA 80 80
AFTER ten days from the Ssri-Sae
sald written offer 10 the eo 80!
aforesaid, none Of the 9th. . ,SS
holders shall desirs IA -. -
stock offered at said n-;eIr -,Sl-s
thereof may dispose Of The ,,S.
ARTICLE V. All the nov..
corporation shall be vsS-sS 80
business OF this corpor,fio.
managed and transacted nv
Directors 10 be composed n
holders, any two Of whom sSs9 ~
tute a quorum for the transsr,iS, !
business OK this corporation
The Board Of Directors IA hA
Board Of Directors. shall h
the stockholders Of the ssjS ra,,-.!
at a meeting 10 be held Win, y.
from and after the date hera0i u
sand board shall serve untI ~, Il
cessors are elected and quaissS
The said first Board Of Dire,
all other subsequent Boards n 81
tors shall, Immediately after a., u
election, elect from their own ~
President, a Vice President -
Secretary Treasurer, all Of EAon !.
hold their office until their -
are elected and qualified.
All boards, subsequent 70 4, Y
board, shall be chosen AZ Ia ~
meeting Of the stockhOlderS Aqt 4 u
is no such election the Old borri 4
hold over.
All elections shall be By baHS, \
office Of the corporation, under h ii
vision OF three cOmmissiOues !
appointed by the board, VhicA uua'
sioners need not be stOckhodsn 4 4
corporation. Notice Of the ANN II
ing OF the stockholders which shl I
held on the fourth Monday IN Iur|
and OF all other meetings Of he 81
holders shall, unless waived b. ~
nous consent, be given BY the ssr.r|
Treasurer, at least fifteen days yr
the date of the said meeting, u IN
either in person or BY naiilg q
notice to each stockholder lt b 4
known address. AT all said rznl
each stockholder shall be entitled ! 1
vote for each share Of stock slzsiH
his name on the books Of tie arnI
ton, on the date Of the said nsz
Said votes may be cast in Defssl Z !
proxy, and a majority Of Iotes = I
shall elect or determine. Prara Z
be in writing.
THE failure to hold elections .
elect directors Al Aforesaid IA J
affect or dissolve this ecrpor1na !
impair its management In any -
but the directors then In Onc 2
hold office until their s1csaan
elected and qualified.
All vacancies on the Board d n
tors, no matter from what ans !,
be filed by the remaining tirsim
the remainder Of the term. Aq J.
Der may be represented At ne =
OF the board by a proxy, wan y
must be in writing, and VAC ,
must be q stockholder Of ths ~
alton.
ARTICLE VI. This charter ny
amended, altered or mqdInea
capital stock thereof may Be infias
decreased at a meeting OF ne -,
ers duly called therefor. al - -
by the laws Of the state o. :,
now or hereafter to be enacted - :
of the liquidation Of tas g'Ps
the liquidation shall be eheti's =. =
TO be chosen ?! !"
holders. ,,.,.. 4
ARTICLE VII. No stocSno.e ...,.' !.
ever be held liable for me U.s. -.
faults of the corporation IN ~ /,
sum than the unpaid oalanrs &
on the stock osnea y
nor shall any mere infornAy -,
organization have the efet y ~,
ing this charter null or o. 49, ,
stockholders to any liability - -
amount due and unpaid On -
ARTICLE VIII. The sa0s s...ss
this charter have written ~ .
their names the amount d ~ -
scribed by each Of them u ~ ~
alton, so that this charter 1 !
the original subseriptlea ,,,5 >
corporation. and they have .s..ir. !
their postOffce addresses a'
law. M -
Thus done and passed n A. =
the day and date afOresaia; ~
ence OF A. f. Fandsl and Z, - 10
conf etent witnesses, VINO a. n 2
their names ~, .
appearers and me. Notafi'
reading Of the whole. n, rsrs y
(Original signed:) jos; ;,a ~ a. 4 y
Orleans, La, SO shares s2o'f -
nina. New Orleans: LAx.s o.
$4,000: Jos. W. Beer
La. / share, $1,000.
Witnesses: