The herald., 1912-05-23

by these presents covenant and agree and
bind themselves as well all such persons
them, to form corporation for the objects
and purposes and under the articles and
stipulations following, to-wit:
ARTICLE I.
The name of this corporation shall be
y. A. Woody Paper Box Company, and
under its corporate name Ii shall have pow
er and authority TO have and enjoy corpOr-
ate existence and succession for the full
term and period of ninety-nine years from
and after the date hereof: TO contract sue
and be sled; to make and use a corporate
seal and the same 10 alter and break at
pleasure; 10 hold, receive, lease, purchase
and convey, as well as mortgage and hypoth-
ecate property, real, personal and mixed,
corporal and incOrporeal; to loan money
and accept mortgages, pledges and other Sc
curity; to issue bonds, notes. and other evil
dences of debt and pledge the same; to ac-
Quire and own the stock or bonds of other
corporations; to name and appoint such
managers, agents, directors and officers as
its business interests and convenience may
require, and to make and establish as well
as alter and amend from time TO time, such
bylaws. rules and regulations for the proper
government of the affairs OF said corpora
ton al may be necessary and proper.
ARTICLE H.
The domicle of said corporation shall be
ana, and all citations or other legal pro-
cess shall be served upon the president of
said corporation, or in the event OF his
absence, upon the secretary thereof, and in
the absence Of both said officers, upon the
treasurer of said corporation. Meetings
Of the Board of Directors OF the said cor
pOration shall be held at the domicile of the
corporation.
The objects and purposes for which this
corporation Is organized and the nature OF
the business to be carried on by IL are here
by declared to be: to manufacture any and
all kinds of paper boxes, and TO buy, sell,
import, export, distribute and generally to
deal therein, and In any and all materials
and articles required or connected with
such manufacture, or with the handling OF
such products; TO manufacture and deal In
wooden boxes to do printing business; to
make advances TO other corporations, firms
and individuals; and generally to do any
and all things necessary or incidental to the
carrying out Of these purposes.
ARTICLE ".
The capital stock of this corporation Is
hereby fixed at twenty thousand dollars
$50, 0OO), divided into and represented by
two hundred shares OF the par value OF one
hundred dollars (S10000) each, which shall
be paid for In cash or property, on such
terms and at such times as the Board OF
to the capital stock OF the corporation evil
denced by the signatures appended hereto,
showing that twelve thousand dollars (Sl2,-
OOO) of said capital stock has been sub
scribed, this corporation shall become 60
ing concern, and be authorized to do busl-
ness at once. All shares Of the capital stock
Of this corporation shall be full paid and
worcestershire.
The business and affairs of this company
shall be managed and conducted by a Board
three StOcklOld-
ers n. A. Woody, n. s. Woody and }. y:
Woody shall constitute the hrst Board OF
Directors, who shall hold office until the
last Monday of April, 1913, or until their
successors are duly elected and qualified. The
Board of Directors shall, at any time, have
the power to increase the number OF SAID
board to a number not exceeding hye, and
to elect members to the vacancies created
by such increase On the last Monday OF
APRIL 1913, and annually thereafter an
election of directors shall be held at the OF
fee of the corporation, notice OF whlch meet
ing shall be given by mail to each stock,
holder ten (10) days prior thereto. AT all
elections a stakeholder, whether present IN
person or by proxy, shall be allowed one
standing in his name on the books of the
company for ten days prior to such meet
ing. In case OF vacancy occurring IoI
any cause In the Board of Directors, the
vacancy shall be filed by the calling OF q
special meeting of the stockholders who shall
elect a new director, who shall hold ONCE
until a successor Is elected at the next an
nual meeting. Officers and directors at any
time In office shall continue as such until
their successors are duly elected. Any alb
sent member of the Board OF directors may
delegate In writing to anv other director
authority to act for him at any meeting OF
directors.
The officers of this corporation shall con
sist of a president, a secretary and a treas
urer. The offices Of secretary and treasurer
NAV be held by the same stockholder. IN,
til the last Monday OF April. 1918, or untl
their successors shall have been duly elected
and qualified, ~ A. Woody shall be presi
dent. and n. s. Woody secretary and treas
urer. On the last Monday of April, 1913
Immediately after the annual stockholders
meeting and annually thereafter, the boarC
of directors elected at such annual meeting
shall select from among their number a
president, a secretary (who may also bt
| treasurer) and a treasurer.
ARTICLE VII.
Two members of the Board Of Director:
shall constitute a quorum. Inc boaro OF
Directors may adopt a code OF bylaws anC
| change and amend the same at pleasure
| Anv member of the board shall have the
| right to delegate In writing his authority
| as such member to any other MEMBER Oh th'
| board. ,,
| This act of incorporation may De dmenuet
| In all particulars not otherwise provided bl
| law, or the corporation may be dissolved a
| a meeting of the stockholders called To-
| that especial purpose In the manner pro
| yided for calling the annual meetings; suci
| meetings to be called by the secretary upoI
| the written request of any stakeholder. NJ
| action at any such meeting or at any meet
| ing OF the stockholders shall be binding upoi
| the corporation unless the holders or a
| least two-thirds of the issued stock shal
be present in person or by proxy, ana Young
ARTICLE TX.
| ITnon the termination of this charter b,
Limitation or upon the dissolution OF tn
| cornora ton by action of the stockholders
| ifs business and affairs shall be liquidate'
| by three commissioners selected from anon
| the Stockholders at the same meeting wnlcl
| shall order the dissolution and liquidation
| In case of the death of any commissioner
| . remaining commissioners shall select hi
| successor from among the stockholders.
| ARTICLE X.
No stakeholder shall be held liable for tn
contracts or faults of the corporation, or IL
officers and agents, beyond any unpaid pa
ance that may be due on the shares OF stoc
| owned by him, nor shall any mere informa
ity in this charter or act have the enect Q
rendering this charter void or exposln
stockholders to liability beyond the amour
of their stock.
The subscribers have respectively write
onnosite their names the amount OF stoc
in this corporation subscribed by each Q