The herald., 1920-06-17
CHARTER.
CHARTER OF CHEMICAL PROCESSES,
INCORPORATED.

Re il known and remembered That on
this 3lSt day Of the month of May. in the
year one thousand, nine hundred ana
twenty. aud Of the Independents" Of the
United States of America. the on" hundred
and forty fifth. before me-. Meyer samuel
BrpifuS. "A notary public. duly sworn. com
missiOnrd aud qualified in and for the
Parish OF Orleans therein residing. ana IN
the presence Of IN" witnesses hereinafter
named and undersigned. personally cam"
aud appeared the persons whose names are
lerruntO subscribed, who declared that
ayailiHg themselves Of the laws or the
State Of Louisiana relative to Ia" orgaulIa.
ton of CORPORATIONS. they have cON"uant"d
and agreed. and do by thc>" presents cove
naut and agree and bind themselves. ~
well n all other persons who may here
after become associated with them. to form
a corporation for the objects and purposes
and under the rules and regulations fol
lowing. to-wit.
ARTICLE The name Of this corpora
ton shall br the chemical Processes.
Inc" and by that nam" il shall have
power and authority 10 exist and enjoy
succession for the fun term and period OF
ninety-uIuc years. commencing on. ana I"
he computed from and after Oh" date here
ARTICLE 1.-THE domirilc Of this cor
porati0n shall lie i'm IN" city of New Or
leans. state Of Louisiana. Nj other rita,
ton and legal process or" to b" serve"
upon the president of this corporation. or
in ease Of his absence or inability 10 serve.
upon the vice. president. and ~ ease "i ah.
the vire-prrSid"ur then in that ra~e upon
the secretary -tr"a~ur"r of this corporation.
ARTICLE III The objects and purposes
for which this corporation Is organized ana
the nature Of the business O" 10" carried on
by it are hereby declared 10 be.
To engage in the state of Louisiana, ana
in any other state or territory or posses
sion of the United States. or any foreign
country that will permit the same. in the
manufacture or handling of all kinds of
chemicals and chemical Processes. 10 ac-
uuire. use and lease and handle. sell pat
entS. trade marks. formulas. ana labels. 10
buy and sell or manufacture all kindS OF
chemical preparations. ia fact any com
pound whether mcrchauiraI or chemical
and to engage in any aud all such bust
ness incidental 10 or related 10 the above.
which the corporation may deem necessary
and proper for the purpose of putting into
effect the objects of this corporation. !"
own and acquire property aud real eSiht"
necessary 10 carry out the foregoing OBJ
jects and purposes.
ARTICLE wi shall hav" all tn"
rights. and privileges. granted 10y law to
such corporations: il shall have the power
10 contract. sue and lee sued in its cor
pOrate name, to make and us" corporate
seal and the same To alter at pleasure, tu
buy. own, hold, lease. receive convey, mort
gage. hypOthecgtc and pIcdG" property.
both real and personal. and to issue bonds,
notes and other obligations. to have. On
gage, aud employ such office managers and
employees as the business interest and the
convenience of the corporation may re
quire; to make adopt or establish such by
laws. rules, and regulations in the cor
pOratc name. not rcpungant TO the laws of
the State of Louisiana, or other states. ter
ritOry or possessions of the United States.
or foreign countries, in which they engage
in business, or the charter of this corpora
tiOn. of the management of this corpora
tons affairs as its stockholders or Hoard
of Directors may deem necessary and cN-
pedient.
ARTICLE V.-The capital stock for this
sla ha \
O0O.0Ol dollars. represented by two hundred
shares of stock of the par value of 10000
per share; and this corporation shall he a
going concern when Sl0OOOOO of said cap
ital stock shall have been subscribed for
and paid into the corporation in cash or
its equivalent.
ARTICLE VI-An transfers of stock
shall be made on the books of the corpora
ton by surrendering the certificate there
of to the presiding officer. who shall write
the word cancelled" prominently across
the face thereof, and erase the president :
signature thercfrOm before issuing Il new
certificate.
ARTICLE VIII.-At all elections by or
meetings of the stockholders each share
shall be entitled to one vote to be east
either by the person in whose name the
stock appears on the books of this cor
poration at the time of voting. or by an
attorney holding said stockholders written
proxy.
ARTICLE VIII.-The business and cor
porate affairs of this corporation shall be
less than three directors nor more than five
directors. to be composed of stockholders
thereof and they shall be elected at a meet
Ing of the stockholders to be held for that
purpose. Any vacancies in the Board of
Directors so elected shall be filled by these
said Board of directors remaining.
The name of those who sign this orig
inal act of incorporation shall constitute
the first Board of Directors. and they shall
hold their office until the second Monday
IN January, nineteen hundred and
~ Nla..su
are elected and qualified and each subse-
quent board shall hold their said office
until their successors have been elected and
qualified. The directors thus named shall
select from their own number q president,
ice-president and a secretary treasure
On the second Tuesday of January, 1922,
and annually thereafter. the election of the
directors by the stockholders shall be held
at the office of the corporation after fiji
teen days notice thereof shall have been
given by notice mailed to each stakeholder
at his last known address. The failure to
elect directors shall not dissolve the cor
poratjon, but the existing Board of hi
rectors shall continue in office until their
successors are elected. The majority of
Board of Directors shall constitute "A duor-
nm Tor the transaction and management of
all business of said corporation. They may
make such bylaws, rules and regulations
ms they think proper for the transaction of
thebusiness affairs of said corporation
ARTICLE IX.-This act of incorporation
may be changed, modified. or altered or
said corporation may be dissolved with the
assent of the three-fOurths of the amount
OF capital stock outstanding of said cor
poration. After previous notice given in
the manner hereinabove set forth in Article
VIII, but any and all meeting of stock
holders whether for purpose of liquidation
or Tor any purpose may be held mt any
time without notice by unanimous consent
OF al OF 1.-The stockholders filed in writing
with the secretary.
ARTICLE Mo stakeholder shall ever
he liable for the contract or faults of this
corporation in any further sum than the
unpaid balance due the corporation on the
shares owned by or subscribed for by him