The herald. [volume] (New Orleans, La.) 1905-1953, 1912-06-27

laws of this state in such cases 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:
The name and title of this corporation
shall be THE PRINGLE TURPENTINE CUP
COMPANY. Its domicie shall be In New
Orleans, in the parish of Orleans, Louisiana.
Ii shall exist for a term of fifty years from
the date hereof and shall enjoy all rights,
privileges and powers granted to corpora
lions under the laws Of the state OF Louisi-
ana.
ARTICLE III.
The objects and purposes for which this
corporation is established, and the nature of
the business to be carried on by 1t, are the
manufacturing and selling OF all kinds of
'turpontine cups, whether or clay, metal, or
Of any other substance whatsoever; the man.
ufacturing 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 or 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. gener-
ally the engaging in any business incident
to or connected with the operation Of the
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 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.
H.
tary and treasurer. shall be the proper per-
sons upon whom all citations or legal pro-
cesSes may be served
The capital stock OF this corporation Is
hereby fixed at the sum OF one hundred thou
sand dollars (S10O, 0O0.OO), divided into one
thousand 1,00O) shares of the par value OF
one hundred dollars (S100.OO) each. Said
scrbers 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 ESQ.,
900 OO) 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 A b. Marston, f. Wood and y.
]. Barrels, 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 or
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 !:
A. r. MarstOn subscribes to 33 shares, IL.
subscribes to 33 shares, z. III. BOehler sub
scribes to l share.
This charter may be changed, altered, or
| amended and the capital stock increased or
decreased, by a vote Of two-thirds of the
capital stock issued at a general meeting
called for that purpose by the president, or
| by a majority of the board of directors,
after thirty days prior notice In writing
having been sent to each stakeholder at his
| last known address. This corporation may
| be dissolved by a vote OF two-thirds OF the
capital stock thereof at any general. or at
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
bilty 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 stakeholder shall ever be 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 mill or Of exposing any
stakeholder to any liability beyond such un-
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 10
| seph E.Cresop, competent witnesses residing
together with the said appearers and me
notary, after due reading Of the whole.
(SignedD A. B. Marston, n. J. Barrels
E. Wood, E. Fl. Boehler. (Witnesses) J.
G. Hamilton. ]. Il. Cresop.
A G. LA PICE, Notary Public.
| /, the undersigned recorder of mortgages
in and for the parish Of Orleans, state OF
Louisiana, do hereby certify that the above
| anu IOEtSOluS act Ol Ol the
Pringle Turpentine Cup Company was this
day duly recorded In my Office, In book 1866
| 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 Office, the original o.
register.
Given under my hand and impress Of my
| official seal the 9Th day of June, A. ID. 1912
| (Signed)
A. G. LA PICE, Notary Public.
june Is 20 27 july 4 IL IS