The herald., 1915-08-19

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 OF mailed to him at his last
known post office address, all I'm accordance
with the terms of Act 267 Of 1914.
Article IX.-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, enjoyed by each of said con-
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.
! Article X-The debts and Liabilities of each Of
/ said constituent companies existing or &C
crued prior to this consolidation, and all the
| expenses incidental to such consolidation,
shall be assumed and born by the CONSOLE
! dated corporation.
Article XI-The stockholders of record of
! said constituent companies shall respectively
! be entitled TO receive in exchange for and
upon surrender of their certificates of stock
in such constituent companies. certihcates 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
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-
llations as may be necessary or proper Tor
the issuing and transfer of the shares of the
capital stock OF this corporation.
| Article XII.-At the expiration of this char
ter, or the earlier dissolution OF this corPo-
ration for any cause, its affairs shall be
liquidated by three 90 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, un-
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
wear first above written, in the presence OF
Arthur p 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 ap-
proved before signing.
Original signed:
J. T. UNGER.
w. W. HINES.
b. s. HOOD.
w w. HINES.
JNO G. WOODS.
w. w. HINES.
Witnesses:
ARTHUR P. PORTAS.
FRANCIS p. BURNS. Notary Public.
|. I, the undersigned. Recorder of Mortgages,
. | in and for the Parish OF Orleans, state oil
r louisiana do hereby certify that the above
, and foregoing act Of Incorporation of the Con
soIidated Sulphur and Oil Company, Ineor
n porated. was this day duly recorded IN my
r office in Book 1857, folio.
/. New Orleans, July a., lbs
EMILE J. LEONARD. by. R.
d a ' FRA ISPH p. BURNS, Notary Public.
= July 22-29 Aug S-l2-l926)