The herald., 1913-01-23

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 bs
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: \. ]. Barrels, Edward IL. Boehler and
Joseph f. CTesap, of whom " j. Barrois
shall be president, Edward H. BOehler shall
be vice-president and Joseph e. Cresap, sec
rotary and 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 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 president a vice presi-
dent, 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
| ARTICLE VI
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 stakeholder, sent to
mis- 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
| n fQ re oft ha Ion glaa1 In oil
| liquidated, as rapidly as possible, by two
or three liqudatOrs, appointed or elected by
| the stockholders at such meeting. The cap
| ital stock of this corporation may he in
/ creased or diminished In accordance with the
| laws of the state Of Louisiana, on the sub
ject Of altering the capital stock OF corpora
i lions.
ARTICLE VII.
J., The subscribers hereto have respectively
| stated opposite their signatures hereto the
number OF shares Of the capital stock sub
/ Scribed to by them respectively, constituting
the same the subscriptions made by the
Incorporators for the purpose of organizing
i this corporation.
| No stakeholder shall be liable or reSpon-
Il sible for the contracts or faults OF this cor
| poration In any further sum than the unpaid
balance due TO the corporation, on the shares
4 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, 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 J. Il. 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.
J Original signed y. ]. BarrOls subscribed
TO 50 shares; r. II. BOehler, subscribed to
p shares; ]. f. CreSap, subscribed TO -
shares.
! Witnesses: J. B. SportOno. Milton SeaweII
J (SignedD W. VI. HARMON, Not. Pub
|, the undersigned recorder OF mortgages
: in and for the parish Of Orleans, state OF
: Louisiana, do hereby certify that the above
E and foregoing act Of incorporation of the
: BOgalusa Turpentine Company. was this day
, duly recorded In my office In book 1855 70.
{ Ito 700.
New Orleans, January 4. 1919.
(Signed) EMILE LEONARD. Dy r
= ], the undersigned notary public In and
E for the parish Of Orleans, state of Louisiana
: do hereby certify that the above and fore.
going instrument Is a true ard correct copy
Of the original on file In my office
IN faith whereof. | hereunto set nv on.
! cial signature and the imprint of my official
seal on this fourth day OF January, A. d
! 1913.
(Slgned) W. NJ. HARMON
: 90 m Notary Public