The herald., 1918-06-06
CHARTER

ness az aforesaid, or required by any
customers of or persons having dealings
with the company, either by wholesale or
retail.
TO engage in the business of manu-
featuring glycerine, and TO buy and sell
glycerinc.
Article lV.-The capital stock of this
corporation is hereby fixed at the sum of
seventy-fve thousand 1873 000) dollars. di-
vided into seven hundred and fifty (IJOJ
shares of the par value of one hundred
(SlOO) 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 bt
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, ful
paid, for money advanced and for such
other valuabIes. consideration or services
as the Board of Directors of said corpora
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
lHdu three anu not HiOTt lHdI
nine stockholders. The number of direc
tors between this minimum and maximum
shall be decided by majority vote of th'
stockholders to be called at their pleas
ure. The said Board of Directors may
be increased or decreased from time tC
time by a majority vote of the stOckhOld-
erS, provided, there shall never be less
than three directors nor more than nine
directors. A 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 t.
them at the said meeting for the purpOs'
of having said amendment placed in au
thentic form and in order that the sam,
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. T. 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 100.
folio 81
| New Orleans. May 1st, 1918.
| (Signed) EMILE J. LEONARD, ID. X
| I hereby certify that the above and fore
| going is a true and correct copy of tn
| original on file and of record in my office
| G. T. STARKEY, Not. Pub.
May 9-16- % 30 Jun 6-13