The herald. [volume] (New Orleans, La.) 1905-1953, 1912-07-11

laws of this state In such eases made and
provided, they have formed and organized
themselves into a corporation for the objects
and purposes, and under the stipulations fol-
lowing to-wit: ,pr,c1E1
The name and title OF this corporation
shall be THE PRINGLE TURPENTlNE CUP
COMPANY. Its domicile shall be in New
Orleans, in the parish Of Orleans, Louisiana.
1t shall exist for term of nifty years from
the date hereof and shall enjoy all rights,
privileges and powers granted to corpora
| tOns under the laws OF the state Of Louisi-
ana.
ARTICLE H.
The objects and purposes for which this
corporation is established, and the nature OF
the business 20 be carried on by ii, are the
manufacturing and selling OF all kinds OF
turpentine cups, whether OF clay, metal, or
Of any other substance whatsoever; the man
ufacturng OF any and all other appliances
related to or connected with the turpentine
cup industry; the dealing in such products
whether produced or manufactured by itself
or obtained from other manufacturers; the
mining OF clay or coal; the operating OF
quarrieS, kilns, ovens, collieries, mills, or
factories incident thereto; the construction
OF roads and railroads and buildings OF any
character necessary or useful In the opera
ton Of any part OF the above business the
acquisition OF other properties used in the
same general line OF business; and, geper-
ally, the engaging in any business incident
to or connected with the operation OF the
business aDOVe UeDtlOueu, lOStlutT Win
right to buy and sell, lease, mortgage, or
pledge. real and personal property as in the
development OF its business may seem nee
essary; and to issue bonds, notes, or other
evidences OF indebtedness and to borrow or
lend money. Ii shall have the power TO
elect officers and directors, and TO make such
bylaws and rules as may be deemed neces-
sary. and the same to alter or amend or
abolish at pleasure.
ARTICLE III.
The president, vice president, or the secre-
tary and treasurer, shall be the proper per-
sons upon whom all citations or legal pro-
ceSSes may be served.
ARTICLE ".
The capital stock Of this corporation Is
hereby fixed a I the sum OF one hundred thou
sand dollars $500, O0000), divided into one
thousand ,000) shares OF the par value OF
one hundred dollars (S100.OO) each: Said
shares OF stock shall be paid for by the sub
scribers thereto as shall be required by the
board Of directors and stock may be issued
for cash or in payment for patent rights,
services rendered, or property acquired by
the corporation for corporate purposes. The
corporation shall be authorized TO begin bus
mess as soon as fifty thousand dollars $50
OO0.O0) or more OF the capital stock shall
have been subscribed for.
ARTICLE V.
All powers OF this corporation shall be
vested in a board OF directors composed Of
not less than three. nor more than seven,
stockholders. The first board Of directors
shall be composed OF the following stock
holders. viz 4. r. Marston, +. Wood and "
]. Barros. Of whom the first named shall be
president the second, vice-preSident, and the
third. secretary and treasurer. This board
and these officers shall serve until such time
as their successors are elected and qualified.
The board Of directors shall be elected annu-
ally on the second Monday Of November OF
each year and from amongst themselves
shall. on the same day. elect the officers OF
the company. The directors and officers Of
| the company. shall serve for one year from
the date Of their election, or until their sue
oil al md fAnl
ARTICLE VI.
The subscribers have respectively stated
opposite 10 their names hereto the number OF
shares of the capital stock subscribed by
subscriptions made by the incOrpOrators for
| the purpose Of organizing this corporation :: ::
4. r. MarstOn subscribes to 80 shares, r.
Wood subScribes to 30 shares. y. ]. Barrels
subScribes TO 33 shares, f. III. BOehler sub
scribes to ] share.
This charter may he changed. altered. or
amended and the capital stock increased or
decreased. by a vote OF twO-thrds of the
| capital stock issued at a general meeting
| called for that purpose by the president, or
after thirty days prior notice in writing
having been sent to each stakeholder at his
last known address. This corporation may
| be dissolved by vote OF twO-thirds OF the
| capital stock thereof at any general, or at
any special. meeting convened for the pur-
pose after thirty days prior notice In writ
| ing having been sent to each stakeholder at
his last known place OF address. Whenever
| this corporation Is dissolved, whether by
| limitation or otherwise, its affairs shall be
liquidated by three liquidating commission
ers TO be elected at such special or general
meeting and, In the case Of death or ina
bility to act by any OF the commissioners,
| the surviving commissioners shall appoint a
| third commissioner and together they shall
continue said liquidation to its termination.
| ARTICLE VIII.
| No stockholder shall ever he liable or re-
sponsible for the contracts or faults of this
corporation for any further sum than the
amount due the company on any stock owned
by him. Nor, shall any informality in the
organization herein have the effect of rem
dering this charter null or of exposing any
stakeholder TO any liability beyond such IN
paid balance due on his stock.
Thus done and passed at my Office In New
/ Orleans, parish Of Orleans state OF Louisi-
ana, on the day and year first above written,
in the presence Of John G. Hamilton and Jo-
| in said parish, who have signed their names,
together with the said appearers and me,
notary, after due reading Of the whole.
Signed Sne A b o MSrst0n n J. BarrOs
G. Hamilton, ]: Il. Cresop.
| A. g. La PIcE, Notary Public.
i i, 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
Pringle Turpentine Cup Company was this
| folio 1856.
New Orleans, May 25th 1912
| (Signed) EMILE LEONARD, ID. R.
!, the undersigned notary, do hereby GER
tify the above and foregoing to be a true
and correct copy of the act OF Incorporation
of the Pringle Turpentine Cup Company,
passed before me on the oath day Of May,
A. ID. 1912, together with the certificate OF
the recorder of mortgages for the parish of
Orleans Louisiana, thereto annexed showing
Its recordation In his ONCE, the original OF
which is Of record in my current notarial
| register.
Given under my hand and impress Of my
Official seal the 5th day Of June, A. ID. 1919
(Signed)
A. G. LA PIcE, Notary Public
june 13 20 81 july IL IS