The herald. [volume] (New Orleans, La.) 1905-1953, 1919-09-11
CHARTERS.

fred s. Wade, shall be Vice President, and
Mr.. Alexis VI. SChwitalla shall be Secretary
Treasurer On the third Monday in August,
1920, Immediately after the annual stockhold-
ers' meeting, and annually thereafter, the
Board OF Directors elected at such annual
meeting shall select from their own number,
the President and NICePresldent, and from
among their own number or from among the
stockholders, a Secretary and Treasurer.
ARTICLE VII.-Two members Of the
Board Of Directors shall constitute quorum.
Said Board may adopt a code of bylaws and
a seal, and amend or change the same al
their discretion. 1t is especially stipulated
that the powers hereby delegated TO the said
Board of Directors and to the Officers of this
corporation limited, follows: No
contract involving a liability the corpora
ton to any greater extent than Five Hun
bred Dollars t$5pOOO). and no expenditure Of
any character involving greater amount than
the sum of Five Hundred Dollars (S5OOO0l.
shall be authorized or be made or contracted
by any officer or director without the writ
ten consent signed by each member of the
Board OF Directors; and in each case all
such contracts or expenditures, the written
members OF the Board Of Directors shall be
spread on the minutes of the Board as a per
manent record OF the corporation.
ARTICLE VIII.-This act Of Incorporation
may be amended in all particulars as pro
vided by law; or the corporation may be
dissolved upon complying with the provisions
Of the statute on the said subject In the
event of voluntary liquidation, the stockhold-
ers shall elect from among their number, two
EquidatorS who shall be vested with full
power TO settle its affairs, collect the out
standing debts. sell and convey the prop
erty, pay its debts, and divide the remain
ing money and property among the stock
holders.
ARTICLE IN.-No Stockholders shall be
held liable for the contracts or faults of this
corporation, or Of its officers or agents, be
yord any unpaid balance that may be due
by him on his stock subscription; nor shall
any mere lntormallty in TINS act have the
effect OF rendering this charter void, or OF
opposing the stockholders 10 liability beyond
that represented by their stock.
Thus done and passed, in my office in the
City of New Orleans, on the day and date
hereinabove first written, and in the pres
ence OF Messrs. A. J. Bonomo and F. w
subscribe their names with said appearers
and me, Notary, after due reading of the
whole.
Witnesses: A. J. Bonomo, F. w Gaddin
Original Signed John Callahan, New
Orleans. 100 shares. per A. NJ Schwitala;
Alexis W; Schwitalla, New Orleans, 1850
shares; Alfred S. Wade, New Orleans. 100
shares.
ALEXIS BRIAN.
notary Public
| hereby certify that the foregoing Act of
Incorporation of the Callahan Chemical Com
pany, Incorporated, was this day recorded
in the mortgage office of the Parish of Or
leans, in Book 1881, Folio =
New Orleans, La, August 10Th, 1919.
(Signed EMILE ]. LEONARD. Dy R.
| hereby certify the foregoing to be true
copy of the charter of the Callahan Chemi-
cal Company, incorporated, and OF the De
putty Recorders certificate thereto attached
ALIENS BRIAN.
Notary Public
Aug. 2S-Sept. 4-Oct. 3