The herald., 1911-02-02

and conditions as the Board 3f Directors
may determine. or h. may De issued :uU
paid and worcestershire Tor property astu-
ally purchased. or labor actually performed
and rendered 10 this corporation
No stockhoidrr shall sell his shares 0r
stock without first Offering same 10 the
other stockholders. through tho Board D,
directors IN writing. ar lis then book value.
and II the other shareholders. or any u
Them do not purchase said stock within
tn days from the date ~ such Offer. he
shall De- at liberty 20 otherwise 5iSu1se -
ms said shares.
ARTICLE '.
All the corporate power, " this cy-por-
alton shall Dee vested in and exercised by a
Board OF four Directors, who must be stock
holders. ana who shall De elected annually
on the second Wednesday in December of
each year, by the stockholders. clmmenr-
Ing on the second Wednesday in December.
l"ll. at which time the officers Of the cor
poratiOn shall also pe elected by the board
from among their members or a. soon
thereafter as possible, and the director,
and officers shall hold their respective Of
noes until their successors are duly elected
ana qualified. The said officers are de.
clarcd to be President. a Vice President,
and Secretary Treasurer. The Office OF
Serretary-Irrasurcr may be filled by a per
son who Eay, or NAV not be a director, or
stakeholder AZ the discretion II the board.
The first Board Of Directors Is hereby
declared to be Leak l.. Lands. J. Renia-
min ellis, Robert II. ellis. and Anthony
President, said Anthony Wizard as Vice
President, and said Leak L. lands as Sec
rotary treasurer. The said Board OF Iii
rectorS and officers shall retain their re-
Spective offices until the second Wednesday
In December 1911. or until thci- success
Sors are duly elected and qualified
Any vacancies occurring in the Board OF
Directors before the expiration ~ their
term, shall be- filled by the remaining direc-
tors FOR such unexpired term.
said board shall have the power to make
In a -.
deem proper. and to alter, amend, break
and revoke same AT pleasure
Any director shall have the right to be
represented by written proxy given TO a
stakeholder twhO need not be a member
or the board, to represent him At any di-
rectors' meeting, and any director may
waive any and all notices Of meeting by
written notice to the Secretary, and each
member ~ the board as also the stock
holders, shall leave their last address with
the Secretary OF this corporation, and their
failing so to do, shall be construed as
waiver OF all notices.
Three members Of the board shall con.
stitute n quorum for the transaction OF all
business.
called by written notices sent to each OF
them at their last known address not less
than ten days prior to said meeting, unless
herein otherwise provided for.
ARTICLE VI
The failure to hold an election or to
elect either directors or officers Of this cor.
pOratiOn on the day fixed. shall not forfeit
this charter, or affect this corporation in
any way, but the then existing board, or
officers. or both, shall retain their respect
i've offices until a meeting can be held, aud
until such board, or officers, are elected.
ARTICLE VII.
This charter may be amended, altered
or modified, or the capital stock Increased
or diminished, or the corporation dissolved
by a vote OF three fOurths OF the stock is
sued at any meeting called for that purpose,
after thirty days notice thereof shall have
been published in one or more newspapers
In the City OF New Orleans, during the
thirty days just prior to said meeting
and also by written notice mailed by the
Secretary to each stakeholder at his last
known address, at least forty days prior
| to the date OF said meeting.
At the dissolution OF this corporate
| either by Limitation or otherwise, its az
fairs shall be liquidated by the then Board
| or Directors. who shall be vested with full
| fairs.
No stakeholder shall ever be held liable
| for the contracts or faults OF this cOrpOr-
alton. nor shall any mere informality In
the organization hereof have the effect OF
rendering this charter null, or OF exposing
| any stakeholder liable hereunder.
Thus done and passed in my office at
the City OF New Orleans, on the day. month
ence of Pierre A. LelOng, Jr, and ID. II. II.
Chafe, competent witnesses. who hereunto
sign their names with the said appearers and
me- Notary, after reading of the whole.
Original signed A. Wizard, l.. T. lands.
per A. Wizard ]. Il. Gillis X. III. Gillis, per
J. Il. Gillis Z. A. LelOng, Jr., ID. ii. ii.
Chaffe.
W. MORGAN GURLEY, Not. Pub
], the undersigned. Recorder of Mortgages
in and for the Parish OF Orleans, State OF
Louisiana. do hereby certify that the above
and foregoing Act OF Incorporation. Of the
Acme Turpentine Company was this day
duly recorded in my office, in book 1918,
folio -.
New Orleans, December 90, 1910.
(Signed) EMILE LEONARD, ID. X.
| certify the above and foregoing to be
true and correct copy Of the original act
Of Incorporation OF the Acme TuTpentiae
Company, together with the certificate OF
the Recorder OF Mortgages thereunto ap-
pended. on file and Of record In my notarial
office in the City OF New Orleans.
w. MORGAN GURLEY, Not Pub
Dec % jan II 10 90 1911