The herald., 1912-06-13

business above mentioned, together with the
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. 1t shall have the power 10
elect officers and directors, and TO make such
bylaws and rules may be deemed neces-
sary and the same to alter or amend or
abolish at pleasure.
ARTICLE I'll.
The president, vice-president or the secre-
tary and treasurer shall I've 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 At the sum of one hundred thou
sand dollars tSlO0,OO0.00), divided into one
thousand 10000 shares of the par value OF
one hundred dollars (S100.O0) each. Said
shares of stock shall be paid Tor by the SUD
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 Tor corporate purposes; Inc
corporation shall he authorized TO begin bus
mess as soon as fifty thousand dollars 800
900. OOD or more Of the capital stock shall
have been subscribed for
ARTICLE v
All powers of this corporation shall he
vested in a board Of directors composed OF
not less than three nor more than seven,
stockholders. The first board OF directors
holders, viz 4. Il. MarstOn. f. Wood and y
]. Barrois, Of whom the first named shall he
president, the second yice-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
ceSSOrs are elected and qualified.
ARTICLE VI.
The subscribers have respectively stated
opposite TO their names hereto the number OF
| shares Of the capital stock subscribed by
| them, respectively, constituting the same the
| subscriptions made by the incorpOratOrs for
| the purpose of organizing this corporation
\. Il. MarstOn SubScribes to 33 shares. Il
| Wood subscribeS TO 80 shares y. j. Barrels
subscribes TO 33 shares, F. III. BOehler sub
| Scribes to l share.
ARTICLE VII.
This charter may he changed. altered. OF
amended and the capital stock increased Ol
| decreased by a vote Of twothirdS of the
capital stock issued at a general meeting
| called for that purpose by the president oil
| by a majority of the board of directors
after thirty days prior notice in writing
| having been sent 10 each stakeholder at hi.
| last known address. This corporation may
| he dissolved by Il vote Of twO-thirds of tn,
| capital stock thereof at any general, or al
any special, meeting convened for the pur
| pose after thirty days prior notice in writ
| ing having been sent to each stakeholder a
| his last known place of address. Whenever
| this corporation is dissolved. whether b,
| limitation or otherwise. its affairs shall b,
| iiquidated by three liquidating commission
ers 10 he elected at such special or genera
| meeting, and in the case of death or ina
bility to act by any Of the commissioners
| the surviving commissioners shall appoint
| third commissioner and together they shall
| continue said liquidation to its termination
| ARTICLE VIII.
No stakeholder shall ever he liable or re
spOnSible for the contracts or faults of thi
corporation for any further sum than tn,
amount due the company on any stock owne,
| by him. Nor shall any infOrmality in tn
organization herein have the effect of rem
dering this charter null or of exposing an,
| stakeholder TO any liability beyond such nm
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 c. Hamilton and Ia
seph r. Cresop, competent witnesses residini
In said parish, who have signed their names
together with the said appearers and me
notary. after due reading OF the whole
tSigne0 A; B; MarstOn, \. J. Barrels
r. Wood +. III. BOehler. (Witnesses) ]
g. Hamilton. J. f. Cresop.
/ A. q. la PICE, Notary Public
Il /, the undersigned recorder of mortga ges
In and for the parish Of Orleans. state o
Louisiana. do hereby certify that the abov
and foregoing act of Incorporation of tn
Pringle Turpentine Cup Company was thi
day duly recorded in my office, in book 1855
folio 1856
New Orleans, May 25th. 1912
(Signed) EMILE LEONARD, d. n
i, the undersigned notary, do hereby Ger
tify the above and foregoing to be a tru
and correct copy of the act Of incorporatio
OF the Pringle Turpentine Cup Company
passed before me on the oath day of Nav
A. ID. 1912. together with the certificate o
me recorder OF mortgages for the parish o
Orleans, Louisiana. thereto annexed shown
its recordation in his Office, the original o
which Is Of record in my current notaria
register.
Giyen under my hand and impress of m
official seal the 9Th day of June. A. ID. 1917
| tSigned)
A, G: La PICE. Notary Public.
june IL 20 ~ july IL Is