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

to elect directors shall not be regarded as
forfeiture OF this charter.
In the election OF directors, each stock
holder shall be entitled 10 one vote Tor eacn
share OF stock held by him, which must DE
cast either in person or by duly authorized
proxy; and the majority OF the votes cast
shall elect. Any vacancy occurring In the
board OF directors may be filled by the re-
naming directors for the unexpired term.
At the first meeting Of the board or dlrec-
tors after their election and qualification,
they shall elect from among their number a
president, a vice president and IA secretary
treasurer.
All meetings Of the stockholders shall ba
called by written notice mailed to the last
known address OF each stakeholder not less
than thirty days before the date fixed Tor
such meeting, unless said notice mas been
waived in writing by the stockholders.
ARTICLE VII.
This act Of Incorporation may be amend
Ell. modified changed or altered. or this
cornoration NAV be dissolved with the as
sent OF the stockholders holding and own
ing three fOurthS Of the capital stock there
Of. who may he present or represented ar
general meeting OF the stockholders con
vencd for that purpose, and Of which due
notice has been given.
Whenever this corporation shall be dis
solved. either by limitation or from any
other cause, its affairs shall be liquidated
by three 81 commissioners to be appointed
for that purpose. al a meeting of the stock
holders, said commissioners to be appointed
from among the stockholders; said commits
SiOnerS shall remain In office until the ar
fairs OF said corporation shall be fully and
finally lquidated. Any vacancy occurring
among the liquidatOrs from any cause what
soever. shall be filled by the remaining com
miSSiOnerS.
ARTICLE VIII.
No stOckhOlder shall ever be liable or re
SpOnsible for the contracts or faults or this
corporation In any further sum than the
unpaid balance due by him on the shares Of
stock subscribed to, or owned by, him: nor
shall any mere infOrmality in the organi-
cation of this corporation have the efect OF
rendering this charter null, or Of exposing
the stockholders 10 any further liability
than the unpaid amount which may be due
on his stock subscription.
Thus done and passed In my notarial or
flee in the city Of New Orleans In the pres
ence OF John L. COrcoran and Otto T. Has
enkampf. competent witnesses OF lawful ace
and residents Of this city and parish, who
have hereunto subscribed their names with
the said appearers and me, notary, after
due reading OF the whole. oo-
Original signed: I. w. Curry. 235
10 shares: II. VI. JemisOn. by II. W. Curry,
10 shares; II. ID. Smith, Sr., 10 shares IL.
ID. Smith, Jr., pa shares: EldOn :. Laza-
rus ] share. Witnesses JnO. L. COrcoran,
Otto I. IIasenkampf
ii. MICHEL, Not. Pub.
l. the Undersigned reCoTutT OF mortgage.
In and for the parish Of Orleans, state OF
Louisiana, do hereby certify that the above
and foregoing act OF Incorporation OF the
National Petroleum Company was this day
duly recorded in my office in book No. 1875,
folio -.
tSigned) EMILE LEONARD. ID. r.
New Orleans, La, October Q, 1912.
|, the undersigned notary public, do here
by certify that the above and foregoing is
a true and correct copy Of the charter OF
the National Petroleum Company. together
with the certificate OF the recorder OF mort
cages.
New Orleans, La, October ., 1912.
II. MICHEL, Not. Pub.
oct Il "A 81 nov : II Il 1912