The herald. [volume] (New Orleans, La.) 1905-1953, 1918-05-23
CHARTER

ness as aforesaid. or required by any
customers of or persons having dealing,
with the company, either by wholesale OF
| retail.
TO engage in the business of manu-.
/ featuring glycerine, and to buy and sell
! glyCerinc.
Article IV.-The capital stock of thi,
| corporation is hereby fixed at the sum OF
! Seventy-hve thousand (SIjOOOD dollars. di-
Nlded into seven hundred and fifty (IjOJ
shares of the. par value of one hundred
| tSlOO) 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 ut not less than par, in payment
| or exchange for property OF rights actu-
/ ally received or purchased by said cOrpOr-
! alton, or the same may he issued, full
| paid, for money advanced and for such
other valuables, 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
nine stockholders. The number of direc-
tors between this minimum and maximum
shall be decided by a 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
nee until the second Monday in December
IBIS, and any additional directors duly
elected by the stockholders shall hold of
1918.
And the said appearerS declared that
they appeared before me, Notary. in ac-
cordance with the authority extended to
them ut the said meeting for the purpose
OF having said amendment placed in au-
thentic form and in order that the same
may he recorded as required by law.
Thus done and passed, at the City of
New Orleans, on the day, month and year
heTelnabOve first written in the presence
of Thelma Elliott and Sidney F. Gautier
competent witnesses. who hcreunto 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 L. Thompson, J. j. 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 Il Dye Co, Inc. WAS this day
duly recorded in my office, in book 1222
folio 81
New Orleans, May list. 1918.
(Signed) EMILE J. LEONARD ID. T.
| 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.
{. T. STARKEY, Not Pub.
May 9-16- % 3O-Jun B-13