The herald., 1913-02-06

the company by the holder Of such stock.
And all transfers Of stock shall be trans
ferred subject TO this clause
ARTICLE V.
All powers of this corporation shall be
vested in a board OF directors composed OF
not less than three 90 stockholders They
shall be elected on the second Tuesday OF
April in each year commencing 1913, at a
general meeting convened for that purpose
after ten days previous notice in writing 10
each stOckholder owning stock standing In
his name on the books of the corporation,
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 duly elected and qualified
viz: y. j. Barrois, Edward III. Boehler and
Joseph E. CreSap. of whom Y. ]. Barrois
shall be president. Edward II. Boeher shall
be vice-president and Joseph f. CreSap, sec
retary and treasurer. The same person may
hold the offices of secretary and treasurer or
each or such offices may be held by a diff
ferent person.
The election of the board Of directors
shall be by ballot, and each stockholder
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-pres-
dent, a secretary and treasurer
The said board of directors shall elect
| and employ any and all employees, mana
deem necessary for the proper conduct of Its
| business, and may fix their compensation,
| and remove or dismiss them at pleasure
| ARTICLE VI.
I This charter may be amended or altered
| by the stockholders at general meeting
convened for that purpose, after ten days
written notice to each stockholder, sent to
| MS last known address, or this corporation
may be dissolved with the assent of two
| thirds of the capital stock represented at
such meeting. In case of dissolution the
| affairs OF the corporation shall be closed a nd
liquidated. as rapidly as possible. by two
the stockholders at such meeting. The cap
| ltal stock of this corporation may be in
| creased or diminished In accordance with the
laws of the state of Louisiana. on the sub
| 1ect OF altering the capital stock of corpora
| tions.
ARTICLE VII.
J.! The subscribers hereto have respectively
stated opposite their signatures hereto, the
scribed to by them respectively. constituting
the same the subscriptions made by the
lncorporators for the purpose OF organizing
this corporation.
No stockholder shall be liable or respOn-
i sible for the contracts or faults Of this cor
| poration In any further sum than the unpaid
balance due TO the corporal ton, on the shares
owned by him. nor shall any mere infOr-
mality In organization have the effect of
rendering this charter null or OF exposing
stakeholder TO liability beyond the amount
of his unpaid STOCK IL any.
Thus done and passed. at my Office in
New Orleans, Orleans parish, Louisiana, on
the day and year first above written, in the
i presence OF J. b. SportonO and Milton Sea
well competent witnesses residing in said
parish, who have signed their names, to.
gether with said appearers and me, notary
after due reading Of the whole.
II Original signed: y. ]. BarrOis, sulscribei
i 10 80 shares; II. II. Boehler, subscribed "a
p shares; j. E. CreSap, subscribed TO -
shares.
Witnesses: J. p. SportonO, Milton SeaweIl
81 tSigned) W. VI. HANN0N, Not Pub
Il /, the undersigned recorder OF mOrtga ge-
!, In and for the parish OF Orleans, state OF
Louisiana, do hereby certify that the above
and foregoing act of Incorporation of the
|, Bogalusa Turpentine Company, was this day
!. duly recorded In my office In book 1855, 20
I lio 700
New Orleans, January 4. 1913
Il (Signed) EMILE LEONARD, by. r,
: /, the undersigned notary public, in and
, for the parish Of Orleans, state Of Louisiana
do hereby certify that the above and fore
going instrument Is a true and correct cOpy
OF the original on file In my Office.
IN faith whereof, / hereunto set my on
cial signature and the imprint Of my offcla
seal on this fourth day OF January, A. D
1913.
> (Signed) W. NJ HARMON.
J jan 1s % 80 feb 10 20 1918 ''''