The herald. [volume] (New Orleans, La.) 1905-1953, 1917-09-27

BE it known, shat on shis The oath day o
.l- month II August, N the year OF our Lor
r,urte--. hundred and seventeen and OF IN
I3lruentenc, o. the United States OF Amer
ca me one h..l~ed and forty second, betor
me, Wear !. Milling, MARY Public
duly commissioned and qualified within an
for me Parish OF Orleans, therein residing
and In the presence Of the witnesses herein
after named and undersigned, PERSONAL.
came and appeared Messrs. I. J. Farley an
T. 4 Staman, residents OF the City OF New
N..rln,. State vi Louisiana, OF iul age
herein appearing and acting Tor and on De
hall Of Farley Pine Products 90, Inc.
,roa southern Pine Products Co., Incl,
Louisiana corporation, dpmicl!ed IN me "!
of New Orleans, organized by act before IN
.udrrSI Euei Notary OH the 10th day OF ATpil
1917, and pursuant 20 resolution passed a
q stockholders meeting convened on tA'
End day Of August. lyl7, certified copy
81 the minutes ~ which meeting IS heEet,
.nnexed as part hereof, who declared that a.
- general meeting o: the stockholders OF saiC
corporation convened oa The Ind day OIL
August 1917, which had been convened i0i
ir. especial pa~pose and which was attended
,g ;r--.n Jy every stDgkhoiler OF the Com.
DIZZY, .~r following amendments - tIe CadT-
ter Of said cooperation "crc adopted to-"li:
Article I wa amended - read As follows
Article The name and title OF tins cor
p,rar,on snail be Southern Pine Products
o.. Inc and under and by SAID "ane,
ur'r,s -ouer dissolved IN accordance with
Nv and ,hIS charter, II shall exist and con
tu1e, and sllll have ana ENJOY CofPoi axe
existence and succession Tor a period oi nine
..-ulur wears from and after the date OF
mi, acr. II may have, hold, receive. borrow,
loan, exchange, acquire by grant GAIT or Pu'-
chase devise 1r pcqucSt sell, I.ine4te, us
pose d, convey lease, pledge pawn hyPo''e-
cate curumher or mortgage property 81 any
kind, whether real persona. ~ mixed, cor
poTeal or incorporedl, movable OF imh'o'
able, all suhjec; 10 such limitations as may
he prescribed by law. II may make issue
aud endorse bonds or note, and other eva
deuces OF debt. Il may accep; mortgages,
pledges or other forms OF security ioT money
loaned or otAeT He2l'' - may N','' - ~
and be sued. plead or be lmpleadrd by IT'S
corporate name IN any court 81 tsIPe'eh'
jurisdiction i may maHt' aa'p' ana use
common seal and ali-r me same a.
pleasure. 1t nay hold STOCK III oiAeT COY
pprd;lau~. and D., EAPi,S! 7''NN NAY. oe
issued for capital stock ~ other corporations.
j. may name, appoint anu employ >HCi
managers, directors, o7l1cf"' agents ana
other employees Is rs business ana CON
venleoce may require ana may Tx 'htIr
compensation having oic regard 10 me
nature IAa.altc' ana hi'"S BIZ, al 'j I,.
services. l. may make ana es,4olSh by
laws. rules and regulations "ot ih('h''stSh'
with TINS Charter oE any eN!sl'ns law 'IN-
ing OF altering the management OF us prop
criy, the regulation anu government "i l's
affairs, and the manner OF the ceFtiilcdton
and registration Of IT. stock. II may WING
up and dissolve ITSELF OF De WOUND up ana
dissolved IN 1Ae manner pTeScri'ea OS law.
], may conduct business IN ms S'@te, o,Aer
States, the Federal DlStuctS, the territories
and possessions OF the United States, and
any foreign country; II ShaH nave tne
power TO invest IT'S Board oil directors WIZ
all N It's corporate powers SuDJeet 10 SuCl
restrictions as may ne named IN th's 9Htt-
Ter. And 1t geneTa!ly sAdA possess an the
powers, nights, privileges ana linHluhIt yes
which corporations are ana may nered!tet
be authorized 10 possess uhueI She SoIlS 49,
ton and laws OF tins State, ana paIuCLiatly
under Act No. 2oI Ut the Act' OF me ueHe-
ra' Assembly OF the State OF Louisiana ioF
the year l9l+ "
Article ~ was amended . read as iolIo"S'
Article lE.-lhe authorized cipItai STOCK
the sum OF Five Hundred Thousand Dollars
S5O,W1cO, winch capital stock may De IN
creased in the manner provided by law 20
the sum OF One Million Dollars lSiUo'OVyo':
The presently authorized capital stock OF
tins corporation SnalI De represented Oy i've
thousand 5000 shares OF the par value OF
One Hundred Dollars 'iSlbU) eacn Inc
said capital stock shall be represented by
certificates and snail De personal property
and shall BE FULLY paid and non-asSeSSable
when Issued No transfer OF said capital
stock shall be binding upon tins corporation
unlesS made in accordance with ITS charter
aud bylaws and recorded on the books
thereof.
Article N.-Ihe capital stock OF this cor
Poration shall be fully paid and non assess
able when issued and shall be paid Tor in
cash at such times, m such amount and
after such notice TO the subscribers as may
he fixed by the Board of Directors except
that, whereas, T. J. Farley of Hattesburg, |
Mississippi, has invented certain new and
useful improvement IN the process of extract
ing rOsin, turpentine pine oil and other prod
ucts from wood for which ne has made APP
Plicatlon for letters patent of the United
States this corporation, in payment OF the
subscription TO two thousand, nine hundred
and ninety eight (2,99S) shares of its capital
stock, may receive and take title TO the
full and exclusive right 10 the said inven-
ton as fully set forth and described in the
specifications prepared and executed by the
said /. J. Farley on the day OF
September, 1915, and filed with the United
States Patent Office at Washington, ID. C.,
on the 24th day OF September, 1915, under
the serial No. S2597, preparatory to claiming
letters patent OF the United States under
said application, with the understanding that
the letters patent to be issued under said
application shall vest the exclusive right of
said invention and said letters patent in
this corporation, which invention and the
rights therein have been appraised by the
parties hereinafter named as the first Board
OF Directors of this corporation as having
value OF at least Three Hundred Thousand
Dollars (S30O,00O.OO). And whereas, the said
I. J. Farley has invented certain other
new and useful Improvements i'll the pro-
cess OF extraction, for which he has made
application for letters patent from the Unit
ed States this corporation, in payment of
the subscription TO two thousand $4,000
shares OF ITS capital stock, may receive and
Gar The full and exclusive r;gb, % .Ls