The herald. [volume] (New Orleans, La.) 1905-1953, 1917-11-29
CHARTERS.

poration may be. dissolved with the assent
of two-thirds Of all the outstanding common
stock of the corporation at general meeting
convened for that purpose after notice given
in the same manner as above provided for
the annual meetings. In case the dssolu-
ton of the corporation be determined, the
stockholders shall at the same or an ad-
journed meeting, elect by a majority vote,
three of their number TO liquidate and settle
the business and affairs Of the corporation.
In case of the death. disability or resigna-
ton of any one or two Of said commissioners
or liquidators, the survivor or survivors shall
appoint his or their successor or successors
The said liquidators shall remain in Office
until the business and affairs of the corpo-
ration are fully and finally settled and lqui-
dated; they shall have full power TO meet
and act under the bylaws of the corpora
ton and such rules as shall be established
by majority of their number; 20 FIX the
price and terms of sale of the property and
all assets of the corporation, TO collect debts
due to it and take and collect notes, bonds,
ETC.; to institute and defend suits; to sell
the property and assets of all kinds belong
ing to the corporation, and to pay all debts
due by i, and to do any other act or
may be right and proper in the premises.
Article VIII.-The following shall compose
the first Board Of Directors Of this CORPORA
ton: William Drews, Donelson Caffery,
William T. King and James L. Dormon, Of
whom James L. Dormon shall be President
William Drews, Vice President. William T.
King, Secretary and Donelson Gallery, treas
urer, which officers and directors shall re.
| provided for by this charter or until their
successors are duly elected and the said
Board shall have authority to elect addi-
| tional directors for the unexpired term not
exceeding the maximum number provided for
| in this charter.
Article IX.-The following are the names
| and residence and amount of the preferred
and common stock subscribed for by the in
| of
William Drews, Morgan City, La, "a shares
| Of common stock, 81 shares Of preferred stock,
s., 5000; Donelson Gallery, 1928 Race Street,
New Orleans; La shares Of common p s stock
New Orleans, La. share of preferred stock,
$1,000; James L. Dormon, 1882 St Mary
Street. New Orleans, La, 100 shares of COM
mon stock, Sl6,OoOOo, and which subscription
| of the said James L. Dormon is paid for by
the transfer by him to this corporation OF
the stock on hand, apparatus, processes, good
will, etc, of the chemical manufacture g
business heretofore conducted by him at Nos.
! l323-l325 Julia Street, this city, as per in
ventory and appraisement hereto annexed,
as required by law, and paraphed "Ne Varie-
| tur" by the undersigned notary for identih-
/ cation herewith.
| The said appearers respectively subscribe
| to the number and kind of shares written
| opposite their signatures hereto, SO that this
| charter shall serve as the original subscrip-
ton list of this Incorporation.
/
| fee, in the City of New Orleans, Parish of
Orleans, State of Louisiana, in the presence
Of Messieurs August H. Ritter and Albert
| Ritter, competent witnesses, who sign here.
to as such with me, Notary, and the said
| appearers, on the day and date herein first
| above written, after reading of the whole.
w. T. King, sO2 Canal Bank Bldg, New
| Orleans, La, share of preferred stock,
$4,000; ponelson Caffery, 1928 Race St.,
New Orleans, La, shares of common stock,
$4,000; Wing: Drews, Morgan City, La, "a
shares of Common stock, 81 shares of pre-.
| ferred stock, S6,50OOo; James L. Dorman. 1872
| St. Mary ST., New Orleans, La, 100 shares
| of common stock, S16,0000O.
Witnesses: A III. Ritter Albert Ritter.
J NJ QUINTERO, 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
Allied Chemical Works, Incorporated, was
| this day duly recorded in my Office in book
| 1872, Folio 600. New Orleans, La, Oct. 1o,
| 1917.
| EMILE J LEONARD, by R
Oct Is Nov IS % g