The herald. [volume] (New Orleans, La.) 1905-1953, 1915-08-05

! fed, or altered, the capital stock thereof in
creased or decreased, or the corporation may
/ be dissolved with the assent Of two-thirds
OF the capital stock present or represented at
any meeting of the stockholders held for
that purpose after prior nOuCe In writing TO
each stakeholder or mailed to him his last
| known post office address, all I'm accordance
with the terms Of Act Dol OF I9l4
| Article lN.-This corporation shall be and
: IS vested with, and shall hold and enjoy, all
! the powers, privileges, rights, franchises,
/ properties, real, personal or mixed, claims
demands, and estates which may be owned,
possessed, or enjoyed by each of said con-
stituent companies, and each of said constit-
uent companies hereby agrees 10 make. exc
cute, and deliver any and all further convey
ances, assignments, and assurances in the
law, and things, necessary to vest the title
| thereof IN this corporation.
J Article N-'The debts and liabilities of each Of
I SAID constituent companies existing ac-
/ crued prior to this consolidation, and all the
| expenses incidental 10 such consolidation,
! shall be assumed and born by the CONSOLE
dated corporation.
Article NI.-The stockholders of record of
said constituent companies shall respectively
! be entitled 10 receive IN exchange for and
upon surrender of their certificates of stock
III such constituent companies, certificates of
stock in the consolidated corporation as
above provided, and in proportional amounts,
but no certificate for fractional shares of
stock shall be issued by said consolidated
corporation.
The consolidated corporation shall without
unnecessary delay issue certificates of stock
in such form as may by the Board of Direc.
tors be deemed advisable, and such board
shall provide and adopt such rules and regu-
atons as may be necessary proper for
the issuing and transfer of the shares of the
capital stock of this corporation.
Article Nll.-At the expiration of this char
ter, or the earlier dissolution of this corpo-
ration for any cause, its affairs shall be
llquidated by three () liquidators to be
elected by the stockholders, all of whom
shall hold stock IN said company, and said
commissioners are hereby vested with full
power and authority TO liquIdate the affairs
of said company, with full power to act, UNI
der the terms Of section thirty 800 of Act 267
of 1914.
Thus done and passed, in my Office, in the
city Of New Orleans, on the day, month and
year first above written, in the presence of
Arthur 7. Portas and William X. Burns, COM
petent witnesses, who have signed these pres
ents, together with the said appearers and
me, notary, after due reading Of the whole
Eight words erased one word added; all APP
proved before signing
Original signed:
p; UNGER.
w. w. HINES.
b. s. HOOD.
w. w. HINES.
JNO. G.. WOODS.
w. w. HINES.
Witnesses:
ARTHUR p. PORTAS.
WILLIAM X. BURNS
FRANCIS =. BURNS Notary Public.
/, the undersigned, Recorder Of Mortgages,
in and for the Parish Of Orleans, State Of
and foregoing act Of Incorporation OF the Con-
solidated Sulphur and Oil Company, Incor-
porated was this day duly recorded in my
office in Book 1857, folio
EMILE J. LEONARD, by. r.
" FRASSGiiS p. BURNS. Notary Public.
July I'D Aug 5-l2-l9-20