The herald. [volume] (New Orleans, La.) 1905-1953, 1913-01-30

the company by the holder of such stock.
And all transfers Of stock shall be trans
ferred subject 10 this clause.
ARTICLE V.
All powers of this corporation shall be
vested in a board Of directors composed Of
not less than three CD 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 to
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. j. Barrels, Edward ii. Boehler and
Joseph +. Cresap, of whom y. J. Barrois
shall be president, Edward III. Boehler shall
be yice-president and Joseph T.. Cresap sec
rotary aud treasurer. The same person may
hold the Offices of secretary and treasurer or
each of such offices may be held by diff
ferent 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 majority of the votes
east 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 its
| business, and may fix their compensation,
and remove or dismiss them at pleasure.
i ARTICLE VI.
A This charter NAV be amended or altered
| by the stockholders at a general meeting
4 convened for that purpose, after ten days
i written notice to each stakeholder, 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 a meeting. In case of dissolution, the
: affairs of the corporation shall be closed and
liquidated. as rapidly possible, by two
or three liquidatOrs, appointed or elected by
? the stockholders at such meeting The cap
ital stock of this corporation may be IN
2 creased or diminished in accordance with the
laws of the state of louisiana on the sub
ject of altering the capital stock OF corpora
( ARTICLE VII.
D The subscribers hereto have respectively
= stated opposite their signatures hereto, the
: number OF shares OF the capital stock sub
e scribed to by them respectively, constituting
: the same the subscriptions made by the
4 incOrporators for the purpose Of organizing
s this corporation
h ARTICLE VIII
, No stakeholder shall he liable or respOn
$ sible for the contracts or faults OF this cor
: pOration in any further sum than the unpaid
!, balance due TO the corporation, on the share;
5 owned by him. nor shall any mere infOr.
: mality in organization have the effect o.
o rendering this charter null or of exposing
d stakeholder TO liability beyond the amour
e Of his unpaid stock, II any.
Thus done and passed, at my office II
New Orleans Orleans parish, Louisiana, OF
l. the day and year first above written, In tn
e presence Of ]. B. SpOrtOnO and Milton Sea
7, well competent witnesses residing in SAT-
II parish, who have signed their names, 10
gether with said appearers and me, notary
after due reading OF the whole.
Is Original signed: y. ]. Barrels, subscribed
J. TO so shares F. III. Boehler subscribed 4
d % shares; J. f. Cresap, subscribed TO 2,
J. shares.
$ Witnesses: ]. B. Sportono, Milton Seawell
IS (Signed) W. VI. HARMON, Not Pub
y /. the undersigned recorder OF mortgage
,e In and for the parish OF Orleans state o
y Louisiana, do hereby certify that the abOv
r and foregoing act of incorporation Of tn
,e Bogalusa Turpentine Company. was this da
le duly recorded in my office In book 1855, fc
If Ito 100.
d New Orleans, January 4. 1913.
Or (Signed) EMILE LEONARD, Dy x.
o. !, the undersigned notary public, in an
e for the parish OF Orleans. state OF Louisiana
.r do hereby certify that the above and fore
e going instrument is a true and correct cop
st OF the original on file In my Office
er IN faith whereof, I hereunto set my Of
In cial signature and the imprint of my officis
,f seal on this fourth day of January, A. l
IN 1913.
n (Signed) W. VI. HARMON
er Notary Publ