The herald., 1913-08-14

I The directors elected at the annual meet
Ing shall Immediately convene and elect
president and the other officers here!h pro
yided for from their own number. Al Va
| capcics occurring by death, resignation or
otherwise among the directors, shall be
! filled bv an election held by the remaining
! directors. Each director shall, at the time
OF his quaihca ton own at ieast InpTT Sn"'7
The board OF directors shall nave the pow
or 10 elect or appoint such officers or en-
plOyees as II may deem proper, ana 20 ~
| their compensation and the term or their
| emDlOyment and to vest such OF It's powers
| in its officers or employees as it may deem
| proper. ,,-,,.,-,
anv director absent from the city may De
| REPRESENTED by any other director by writ
| ten proxy who may cast the vote or the
absent director upon the matters coming
shall constitute a quorum for the transac-
| ton Of all business.
And the board Is specially authorized to
huy sell lease mortgage or pledge any ana
| ali property movable or immovable as may
| he necessary to conduct the business or thls
| company and to borrow money ana 10 issue
bonds and notes therefor secured or unse
| cured, as it may deem proper, and 70 exc
| cute such mortgages, pledges or other Sc
| curities as It may deem advisable TO secure
money borrowed. And the board may deie-
| gate this, or any other power vested IN us
officers without referring TO the sharehold,
ers for authorization or ratification OF SAID
acts. ., ,.u :.
president. vice-president, a secretary
treasurer and general manager or super
The president, the yIce-president and the
! secretary-treasurer OF the company shsii
be stockholders. The other ondcers snail
not he required to own stock.
Within thirty 1907 days after the sisnins
| hereof the stockholders shall meet ana
| elect the first board OF directors who sinai
| hold office until the first Monday in July,
1914, or until their successors are duly
elected and qualified. The board OF direc-
elect the officers Of this company who shali
serve the company until their successors
are elected and qualified. =,
| Article VIII.-Thls corporation may DC
dissolved by the assent Of three-fourths In
amount OF the issued and outstanding cap,
| ital stock OF the company at a general
thirty days notice shall have been giver
OF such meeting by advertisement IN
newspaper published In the city or Ne"
Orleans.
shall dissolve, either by liquidation or foI
any other cause, Its affairs shall be liqui
dated. its debts and liabilities paid anC
the balance Of its funds, divided pro rats
among its shareholders under the superin
tendence and charge OF three commissioner
Of Liquidation, to be appointed for this pur
pose at a general meeting or stockholder'
convened after thirty days. prior NOTICE
shall have been given as above proVlded
: Said commissioners shall remain In offc'
until the AFFAIRS of said corporation shal
, have been fully liquidated, and In the even
of the death OF one or more members o
said commissioners, or vacancy otherwis
! occurring In their number, those who remain
may continue to act as may NIL such va
cancy. a.
Thus done and passed in my office. at tn
, city of New Orleans, on the day, month AM
! wear herein first above written, In the pres
ence of Gustave Blancand and Joseph Arm
shaw, the subscribing witnesses, who here
, unto sign their names, with said appearer
: and me, notary after reading of the whole
{ Original signed: G. X. Hollander an,
Others Witnesses: G. Blancand JOSEPH
. Armshaw.
r w. MORGAN GURLEY, Not. Pub
l, the undersigned, recorder OF MORTGAGES
. in and for the parish Of Orleans state o
Louisiana, do hereby certify that the alloy
and foregoing act Of Incorporation or IN
I "Caue Products Company" was this da
> duly recorded in my Office in book No. loss
: folio =. New Orleans, La, July ;, 1913
|. (Signed) EMILE J. LEONARD ID. X;
: l hereby certify the above and 1oregolh
[ to be a true and correct copy or the orls
I inai act Of Incorporation Of the Cane Pre-
d ducts Company" together with the certif
: cate of the recorder of mortgages for IN
. parish OF Orleans, hereto appended, on NJ
: and of record in my notarial ONCE In IN
e city of New Orleans, Louisiana.
q W. MORGAN GURLEY, Not. PUB
= July 10 II "a 81 aug IA 1913