The herald. [volume] (New Orleans, La.) 1905-1953, 1912-06-13
THE HERALD

and until such time the following named
stockholders are hereby named as the first
board of directors. and who shall hold their
office and exercise their functions until
their successors are elected, viz: W. j.
LEngle, Il. Wood and G. +. Mason, Of whom
6. +. Mason shall be president, W. J.
LEngle shall be vice-president and Il. Wood
shall be secretary and treasurer. The same
treasurer or each of such offices may be
held by a different person.
The election of the board of directors
shall be by ballot, and each stakeholder
shall be entitled to one vote, either in per-
son or by proxy, for each share of stock
owned by him, and a majority of the votes
cast shall elect. The board of directors
shall, Immediately after their election, elect
from their number a president, a vice-presi-
dent, a secretary and a treasurer.
The said board of directors shall elect
and employ any and all employees, mana
gers and clerks of the corporation they may
deem necessary for the proper conduct of
the business, and may fix their compenSa-
ton and remove or dismiss them at pelas-
ure
ARTICLE VI.
This charter may be amended or altered
by the stockholders at a general meeting
convened for that purpose. after ten days
written notice to each stakeholder; or this
corporation may be dissolved with the as
sent of twO-thirds OF the capital stock rep
resented at such a meeting. In case OF dis
solution, the affairs Of the corporation shall
be closed or liquidated, as rapidly as posi-.
BILE. by two or three liquidators, appointed
or elected by the stockholders at such meet
ing. The capital stock of this corporation
may be increased or diminished in accord
ance with the laws Of the State OF Louisi-
ana. on the subject Of altering the capital
stock of corporations.
ARTICLE VII.
The subscribers hereto have respectively
stated opposite their signatures hereto, the
number OF shares of the capitpal stock sub
scribed by them respectively, constituting
the same the subscriptions made by the in
corpOrators for the purpose Ct organizing
this corporation.
No stakeholder shall be liable or respOn.
sible for the contracts or faults of this cor
poration in any further sum than the IN
shares owned by him, nor shall any mere
informality In organization have effect of
rendering this charter null or OF expecting
a stockholder to liability beyond the amount
of his unpaid stock, II any.
Thus done and passed at my office, in
New Orleans, Parish Of Orleans, Louisiana
on the day and year first above written, in
the presence of \. ]. Barrios and f. c. Bal
lintine, competent witnesses, residing In
said parish, who have signed their names,
together with said appearers and me, no.
tary. after due reading OF the whole.
Signed W. J. L'Engle, subscribed to 100
shares: g. +. Mason, subscribed to %
shares; Z. Wood subscribed TO % shares.
Witnesses: n. ]. Barrios. Z. G. Ballintine.
(Signed) A. G. LaPICE. Notary Public.
|, 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
Dexter Turpentine Company was this day
duly recorded in my Office in book 1865, 70
lilo 100 New Orleans, La. Nav @, 1912.
EMILE LEONARD. ID. II.
|, the undersigned notary, do hereby GER
tify the above and foregoing to be a true
and correct copy of the act OF incOrpora-
tion OF the Dexter Turpentine Co., passed
before me on the sixth day of May, A. D..
1872 together with the certificate OF the
Recorder of Mortgages for the Parish OF Or
leans, Louisiana. thereto annexed showing
its recordatiOn in this office, the original OF
which is OF record in my current notarial re-
giSter.
Given under my hand and impress OF my
official seal the IL day Of MAY, A ID. 1912.
A. G. LaPICE, Notary Public.
may &c % 80 june IS 20