The herald. [volume] (New Orleans, La.) 1905-1953, 1918-06-13
CHARTER

ness as aforesaid or required by any
customers of or persons having dealings
with the company, either by Wholesale or
retail.
5-TO engage in the business of manu-
featuring glycerine and to buy and sell
glycerine.
Article IV.-The capital stock of this
corporation is hereby fixed at the sum of
seventy-tive thousand ($I5OOO) dollars, di-
yided into seven hundred and fifty (IJO)
shares of the par value of one hundred
(S1OO) dollars per share. The capital stock
may be further increased up to the sum
of one million dollars, and all proceedings
for the increase or decrease of the capital
stock shall be conducted in accordance
with the laws of this State.
The stock shall be paid in cash at the
time of subscription. or the same may be
issued at not less than par, in payment
or exchange for property or rights actu-
ally received or purchased by said cOrpOr-
alton, or the same may be issued, full
paid, for money advanced and for such
other yaluables, consideration or services
as the Board of Directors of said corpora
ton may determine; provided, that no
stock shall be issued until the cOnsidera-
ton therefor. has been received by the
said corporation.
Article V.-The first paragraph of Ar
tiCle > is hereby amended SO as to read as
follows:
All the corporate powers of said corpOr-
alton shall be vested in and exercised by
Board of Directors composed Of not less
than three stockholders and not more than
tors between this minimum and maximum
shall be decided by majority vote of the
stockholders to be called at their pleas
ure. The said Board of Directors may
be increased or decreased from time to
time by a majority vote of the stOckhold
ers, provided, there shall never be less
than three directors nor more than nine
directors. majority of the Board of
Directors shall constitute a quorum. Said
directors shall be elected annually on the
second Monday in December Of each year,
except the first board, which was appoint
ed and selected in the original charter of
this company, which board shall hold Of
flee until the second Monday in December
1913, and any additional directors duly
elected by the stockholders shall hold Of
flee until the second Monday IN December
1918.
And the said appearers declared that
they appeared before me. Notary, in ac
cOrdance with the authority extended TO
them at the said meeting for the purpose
of having said amendment placed in au-
thentic form and in order that the same
may be recorded as required by law.
Thus done and passed, at the City of
New Orleans, on the day, month and year
hereinabOve first written, in the presence
of Thelma Elliott and Sidney +. Gautier,
competent witnesses, who hereuntO sign
their names, together with the said APP
pearers and me, Notary, after reading Of
the whole.
Original Signed).
Witnesses: T. Elliott, Sidney +. Gautier.
Albert T. Thompson, ]. ]. Blijdenstein
G. T. STARKEY, Not. Pub.
/, the undersigned, Recorder of Mort
cages, in and for the Parish of Orleans
State of Louisiana, do hereby certify that
the Act of Amendment of the Southern
Chemical & Dye Co., Inc, was this day
duly recorded in my Office, in book 1920
folio 81.
New Orleans. May LIST, 1918.
| (Signed) EMILE J. LEONARD, ID. X.
/ hereby certify that the above and fore
going is a true and correct copy of the
original on file and of record in my office
G. T. STaRKEY, Not. Pub.
May 9-16- % 3O-Jun 6-l3