The herald. [volume] (New Orleans, La.) 1905-1953, 1918-05-16
CHARTER

ness as aforesaid or required by any
customers of or persons having dealings
with the company, either by wholesale or
retail.
$50 engage in the business of manu-
featuring glycerine, and to buy and sell
glycerine.
corporation is hereby fixed at the sum of
seventy-five thousand (SIJ,OOO) dollars, dl-
vided into seven hundred and fifty Cl5Ol
shares of the par value of one hundred
(S10O) 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
tiOn 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
a 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 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 quorum. Said
directors shall be elected annually on the
| MnnAat- m nnRaTn % n nuah
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
1918. 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 Il
| them at the said meeting for the purpose
of having said amendment placed in au
| thentic form and in order that the SAINT
may be recorded as required by law.
| Thus done and passed, at the City o.
! New Orleans, on the day, month and yea
/ hereinabOve first written. in the presence
| of Thelma Elliott and Sidney +. Gautier
| competent witnesses, who hereunto sigI
| their names, together with the said ap
pearers. and me, Notary, after reading o
| the whole.
Original Signed).
| Witnesses: T. Elliott, Sidney F. Gautier
Albert T. Thompson, j: J: Blijdenstein
c. Il. STARKEY, Not. Pub.
| /, the undersigned, Recorder of Mort
cages. in and for the Parish of Orleans
State of Louisiana, do hereby certify tina
the Act of Amendment of the Southern
Chemical & Dye Co, Inc, was this da!
duly recorded in my Office, in book 122e
folio q.
New Orleans. May LIST, 1913.
(Signed) EMILE J. LEONARD, ID.
l hereby certify that the above and fore
going is true and correct copy of tn
original on file and of record in my office
c. T. STARKEY, Not. Pub.
May 9-16- % -3O-Jun 6-13