The herald. [volume] (New Orleans, La.) 1905-1953, 1917-10-25


toned and qualified. in and for this city and
the Parish OF Orleans, therein residing, and
IN the presence OF the witnesses here!nJt'er
named and undersigned, personally came and
appeared the persons whose names are here
Into subscribed, all Of the fall age Of ma
Jorl;y and residents OF this parish and state,
who severaly declared that, aVailing them.
selves OF the provisions Of the Act Of tne
Legislature Of this STATE, known Act No
III af the Acts OF the Session OF 1914 they
r.. by these presents, covenant, agree and
Jl-t themselves, as well as all such otae.
! persons as may hereafter become associated
9Th them. IN order 10 form and constitute d
corporation or body polite IN Law, Tor the
objects and purposes, and under the s:pula.
lions following. ;o-wIt:
Article The name and tale OF this coz.
g9ra:lDu shall! be Shlls;One Process Company
Inc, and i; shall have and enjoy succession
and existence ior 4 period OF ninety ne
years from date hereof. Il shall have the
power and authority - sue and be sued IL
rs corporate name, IN any court OF Comp-.en.
jurisdiction; 70 contract; 20 make and use
4 common seal and alter the same a. pleas
ure; 10 acquire property BY grant, git, I2--
-hlSe and by devise or bequeSt; % lease.
hold and dispose Of and 20 mortgage ard T.
sise the sane. all Subject - limitations as
NJ be provided by Law; 70 issue bonds and
Gg.eS; - borrow and lend money; - appoint.
such officers and agents as the business OF
The corporation may require, and 10 NIX their
compensation; 20 name directors and mana
gers, and - make and establish bylaws,
uics and regulations to- the manage-nca:
the business and affairs Of SAID corpora.
lion as may be requisite and necessary.
Ar:icle 1.-The dOmicile OF this corpora
ZION shall Dc in the City OF New Orleans
STATE 81 Louisiana, where all Citations and
other legal process shall be served upon the
proper officers thereof.
Article III.-The objects and purposes f5-
which ;h.s corporation IS organized and the
nature OF he business u be carried on by
il are hereby declared to be: 70 manufacture
and deal in chemicals and refined products
4 every kind and character waats9eVe-, and
- manufacture and deal in carbons Of al.
kinds and, il certain cases, 20 apply the
same - the dec0loriZatI1u o.: liquids and
Huid' and the absorption o. gases; TO acquire
patents. by purchase OF otherwise, covering
chemical processes and formulas; 70 acquire
own, operate and lease, or otherwise use
and acquire, patent applying certain carbon
material IN the refining OF sugar and mo
asses, and 70 engage in the business Of re-
inning sugar and molasSeS by such carbon
process or processes and generally % do any
and all things necessary or incidental to
The conduct OF said business.
Article lN.-Ihe capital stock Of this cor
poraton IS hereby declared 70 be the sun
II one hundred thousand dollars C$loOC0C).
divided into one thousand Q0C0 shares 0!
the par value Of one hundred dollars $1,000
each; the amount OF each share shall be
paid for in accordance with law. The amour.
20 which the capital stock may be increased
5 hereby declared to be the sum OF fve
hundred Thousand dollars (S500OOOOO.
Article N.-The corporate powers Of this
corporation shall be vested in a board OF
directors 70 be composed Of three directors.
tSo OF whom shall constitute a quorum for
he transaction of business, to be elected an
nually by the stockholders at 4 meeting %
be held on the first Monday in September
Of each year
The first board o. directors is hereby de
clared to be Herbert VI. Shlstone. Fred. G.
Cotton and Thos. G. Ryckm.n, with Herbert
=
vice president and treasurer, and Thos.
G. Ryckman as secretary, who shall hold
office until the first Tuesday in September.
1918, or until their successors shall have been
elected and qualified
At all meetings or elections Of this co-po-
ration each stockholder shall be entitled to
one vote for each share OF stock standing II
his name on the books Of the company.
The board OF directors shall have the
power 70 make all bylaws, rules and regu-
lations necessary for nc conduct OF the
business affairs OF this corporation; and shall
elect from their number a president, vice
president and treasurer and a secretary.
Article Nl-This charter may be amended,
altered Or modified. or the corporation dis
solved by a vote Of two-thirds of the stock
holders. voting by shares At a meeting con-
vened for that purpose, after fifteen days
been given as required by law.
Article vino stakeholder Of this cor
Poration shall ever be held liable FOX any
0t the Indebtedness. contracts or faults there
3i, in any further than the unpaid bal
aace due the corporation on the shares
owned by him, nor shall any mere informal
Ity IN the organization have the effect Of
rendering this charter null or OF exposing
stakeholder to any liability whatever.
Article VILLA failure at any time to
hold meetings elect directors officers
a herein provided, shall not work a forfei
,ure OF this charter, or dissolve the corpora
ZION, btu: the existing board Of directors and
1+-7% hall .r.74-a 49,
successors in office have been elected, which
election shall take place as soon as possible
Article IN.-At the expiration of this char
.er, unless sooner dissolved its affairs shall
Je liquidated by one or more commissioners
. be appointed by the stockholders in meet
ing assembled for that purpose, and who are
invested with full power 10 sell all the
assets and property, real and personal, OF
this corporation, to convey a full and com
plete title thereto, and to do and perform
all acts essential % 4 full and complete
liquidation OF the affairs OF this corporation
and to divide the proceeds, If any, in &C
c3-dance with law.
Thus done and passed, al my Office, in the
City OF New Orleans, on the day and date
first above written. in the presence OF Mes
sieurs August II. Ritter and Albert Ritter
competent witnesses. whose names are here
unto subscribed, together with the said ap-
bearers and ne. Notary. after reading of the
whole. And the appearers have set opposite
their names and addresses the number of
shares subscribed by them.
Original Signed Herbert VI. Shilstone, 3O2
Camp St, Ga shares; F. G. Cotton, 300
Tulane Ave, 100 shares; T. G. Ryckman,
300 Tulane Ave. share
Witnesses: a. II. Ritter and Albert Ritter
J. NJ OUINTERO. Notary Public.
/, the undersigned Recorder of Mortgages.
IN and FOR the Parish OF Orleans, State of
Louisiana. do hereby certify that the above
and foregoing Act Of Incorporation of the
ShilStone Process Co.. Inc, was this day
duly recorded in my Office, in Book 1912,
Folio +62
New Orleans. Sept. IT, 1917
(Signed) EMILE J. LEONARD, D. R.
Z A true copy.
J. NJ. QUINTERO. Notary Public
Sept y Oct II IS . Nov
CHARTER