The herald., 1913-02-13

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 stakeholder 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. ]. Barrois, Edward ii. BOehcr and
Joseph f. CreSap, of whom y. J. Barros
shall be president, Edward H. BOehler shall
be vice-preSdent and Joseph L. Cresap, sec
retary and treasurer. The same person may
hold the offices of secretary and treasurer or
each of 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 he 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
east shall elect. The board of directors
shall, Immediately, after their election, elect
from their number a president, 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 It's
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 a general meeting
| convened for that purpose, after ten days
| written notice TO each stOckhOlder, sent to
| niS last known address; or this corporation
| may be dissolved with the assent OF two
| thirds OF the capital stock represented al
| such Il meeting. In case of dissolution the
| n IA irS pf tho ion shall no oil NJ
| liquidated. as rapidly as possible, by two
| or three lquldators, appointed or elected by
! the stockholders at such meeting. The cap
! ital stock of this corporation may he in
creased or diminished i'm accordance with the
laws of the state of louisiana on the sub
tect Of altering the capital stock OF corpora
| tiOns.
ARTICLE VII
), The subscribers hereto have respectively
| stated opposite their signatures hereto, the
| Number OF shares Of the capital stock sub
scriDed 10 Dy them respectively, c9nstitutinS
the same the subscriptions made by the
j lncorporators for the purpose Of organizing
i ARTICLE VIII
i No st0ckhoder shall be liable or respOn-
sible for the contracts or faults Of this cor
i pOratiOn In any further sum than the unpaid
balance due 10 the corporation, on the shares
owned by him. nor shall any mere inf0r-
mality In organization have the effect OF
} rendering this charter null or OF exposing
a stakeholder TO liability beyond the amount
/, Of his unpaid stock, II any.
Thus done and passed at my Office In
New Orleans, Orleans parish, Louisiana, on
the day and year first above written, In the
: presence OF ]. b. SpOrtOnO and Milton Sea
we'll competent witnesses residing In said
parish, who have signed their names. to
gethcr with said appearcrs and me, notary.
after due reading Of the whole
Original signed \. ]. BlrrOis. subscribed
: TO 80 shares r. II. Boehlcr. subscribed 70
p shares; J. L. CreSap. subscribed 20 -
. shares.
5 Witnesses: ]. B. SpOrtonO Mit.n ScawolI
5 tSignedD W. VI. HANNON, Not Pub
' |, the undersigned recorder OF mortga ce-
2 in and for the parish Of Orleans state o..
' Louisiana. do hereby certify that the above
= and foregoing act Of Incorporation or the
2 BOgalusa Turpentine Company. was this d7v
Q duly recorded In my office In book 1915, To-
{ lio 100.
4 New Orleans. January {. 1918.
r tSigned) EMILE LEONARD, by. K.
= ]. the undersigned notary public. In ant
for the parish Of Orleans state of Louisiana
T DO hereby certify that the above and fore
: going instrument Is a true and correct cops
{ Of the original on file in my Office.
r IN faith whereof | hereuntO set my on
q cial signature and She imprint Of my 0ficia
( seal on this fourth day OF January. A. y
D 1913.
= (Signed) W. VI. HARMON.
r Notary Publc