The herald. [volume] (New Orleans, La.) 1905-1953, 1919-11-13
CHARTER.

scribed and paid for. Each share of said
stock shall be entitled to one vote, either
in person or by proxy, at all general
, elections or meetings of the stockholders.
ever be held liable or responsible for the
Indebtedness. faults or defaults of this
cOrpo ration, nor shall any mere infOr-
mality in the organization of this corpO-
ration shall have the effect of rendering
the charter null or of exposing the stock
holders to any liability beyond the I'M
paid balance, if any. on his stock sub
scription. No transfer of stock shall be
made or held to be valid and binding I'M
less made in pursuance of the provisions
of this charter.
ARTICLE VI.-This corporation shall
have all powers granted TO such corpora
tons by law and shall have the power to
contract. sue and be sued in its corporate
name and to own, hold, receive, loan,
lease purchase, sell and convey or mort
gage any and all of its effects, or to by
pothecate its property and to do any and
all acts and things of any other kind, ma
ture or description. as may be necessary
to carry out the objects and purposes of
ences may require
ARTICLE VI.-The business of this
corporation shall be directed by and vest
I ed in board of directors of five mem
berS, three of whom shall constitute Il
quorum for the transaction of business.
shall be composed of Marion Allen.
Charles W. Abbott. J. Pope Seals, \. v.
Abbott and Frank Il. Jackson, and they
shall hold office until the first Tues
day in October, 1920, and on that day and
on the same day thereafter each year
elections shall be held for directors at
the principal office of the corporation
and the election shall be held between
the hours Of ten and twelve a. III. Failure
to hold an election on the DAY specified
shall not dissolve the corporation, but
the directors shall hold their respective
offices until an election shall be held after
thirty days notice of the time and place
thereof given to each stakeholder.
Marion Allen shall be first President,
Charles W. Abbott shall be first vice
president and J. Pope Seals shall be first
Secretary Treasurer of this corporation.
The secretary need not be stakeholder
or member of the board of directors and
any vacancy in that office shall be filled
by the board. Directors may act either
in person or by proxy.
ARTICLE VIII-Whenever this corpO-
ration is dissolved, either by limitation or
for any other cause, its affairs shall be
liquidated by the board of directors, who
are hereby vested with full power to sell
any or all assets of the corporation,
either separately or in mass, and TO
convey full and complete title thereto,
and snail nave full power to do and per
form all acts necessary and proper TO
fairs and distribute the proceeds, if any,
among the stockholders of this corpora
ton to the amount of stock held by each.
ARTICLE IX.-This act of incorporation
ma, he amended, altered and modified
or this corporation dissolved in the man
ner provided by law.
Thus done and passed in my nOtaral
office, in the City of New Orleans, State
of Louisiana, on the day, month and year
first above written, in the presence of
AZelie Bennett and Ruth NJ. Seller, com
petent witnesses, who hereuntO sign their
names, together with the parties hereto
and me, Notary, after reading of the
whole.
Witnesses: Azelie Bennett, Ruth NJ.
Seller.
Original Signed) Marion Allen, 1928
shares; Chas. w. Abbott, by Marion Al
len IA North Governor ST., Richmond,
Va, 1888 shares; J. Pope Seals, Grune-
wald Hotel, New Orleans, La, 1898 shares.
A. A. MORENO.
| Notary Public.
/, the undersigned, Recorder of Mort
| cages, in and for the Parish of Orleans,
| State of Louisiana, do hereby certify that
! the above and foregoing act of Incorpora-
| ton of the Prophytol Manufacturing Com
| pany, Inc, was this day duly recorded
! in my office in Book 1921, Folio =.
| New Orleans, La, ----1919.
EMILE ]. LEONARD, by. X.
A true and correct copy of the original
| now on file in my office.
A. A. MORENO,
| Notary Public.
| Nov. 13-Dec. IS.