The herald., 1913-04-24
ARTICLE VI.

All the corporate powers of this company
and the management and control of its bust
ness shall be vested in and exercised by
board OF directors composed OF three stock
holders. majority of the directors shall
constitute a quorum for the transaction of
all business. The directors shall be elected
annually by the stockholders on the second
Monday OF January Of each year. Each
stakeholder shall be entitled. in person or by
proxy, to a vote for every share OF stock
owned by him, and all elections shall be held
under such rules and regulations as may
be determined by the board of directors.
The board of directors thus elected shall
continue In office for one year and until
their successors have been duly elected and
qualified. Any vacancy occurring on said
board shall be filled by the remaining direc-
tors for the unexpired term. The board OF
directors shall at its first meeting after its
election nominate out of its number presi-
dent a vice president and a secretary
treasurer. and these officers shall have such
powers as may be conferred upon them by
tors shall have the right and power, and
shall, from time to time, appoint or dis
charge such clerks and other employees as
may be deemed necessary. expedient and
proper by them for the proper conduct and
management OF the affairs, business and In
terests Of said corporation. Any of the d.
rectors shall have the right TO appoint by
written instrument another director as his
proxy to act in his stead at any and all
meetings OF the board OF directors.
AMI VII.
Until the election to be held in January,
1914, the following named persons shall
constitute the first board of directors
Thomas Goldman, s. Mussman and Albert
Coguen hem, with Thomas Goldman as presi-
dent; s. Mussman, vice president, and Al
bert Coguenhem, secretary treasurer.
ARTICLE VIII.
This act of Incorporation may be changed,
modified or altered, or this corporation may
be dissolved with the assent of the share
holders owning three fourths of the stock
represented at a general meeting convened
for that purpose, and after at least ten days
through the mail addressed to each stock
holder at his last known place or residence.
In case Of dissolution by the expiration OF
this charter, or otherwise, the stockholders
shall elect three liqudators, to serve with
out compensation, and to whom one year
shall be granted for the liquidation OF the
affairs of the corporation. In case Of the
death or disability Of any one OF said COM
missioners the survivors OF the remaining
commissioners shall appoint a successor TO
him.
ARTICLE TX.
No stakeholder OF this corporation shall
ever be held liable for the contracts, tndebt-
edness or faults thereof In any further sum
than the unpaid balance due the corpora
tiOn on the shares owned by him, nor shall
any udFt luc
effect of rendering this charter null or ex-
posing a shareholder to any liability be-
yond the amount OF the unpaid balance due
on his stock.
ARTICLE X.
Failure to hold the meeting or meetings
provided for in the foregoing articles for
the election Of directors and officers at the
time specified shall not work q forfeiture OF
this charter. and the officers and directors
chon hnI1 fhafr MIA until fhafr gfanr
are elected.
Thus done and passed In my office, In the
city Of New Orleans, on the day, month and
A. II. Carey and Peter r. Ferrera, competent
witnesses, residing in this city, who have
signed their names hereto with said par
ties and me, notary, after due reading OF
the whole. Names OF Signers.
Witnesses A. T.. Carey, Peter II. Ferrera.
(Signed) BERTRAND I. CAIN,
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
corded In my office, in Book 1888, Folio =,
New Orleans, April 10, 1918.
| EMILE LEONARD, Deputy Recorder.
| | hereby certify that the foregoing Is
a true and correct copy OF the original char
ter OF the Cedar Pulp Company, with the
names OF the original signers omitted, to-
gether with the certificate OF the recorder OF
mortgages OF this parish, on file and OF
| record in my office.
| BERTRAND I. Calm, Notary Public
apr II "A may ! - % 1913