The herald., 1920-11-11
CHARTER.

pOration at one time unless and until two
thirds of all Of the Directors then II
office shall have voted in favor thereof
| The Board Of Directors shall have n,
further power to appoint all agents clerk :
or employers and tN their salaries an,
compensation. with term Of office viii
the right to dismiss them at pleasure aut
the said Board shall have the further right
to fix and determine the salaries of Ia,
[ several officers herein provided for
The said Board of Directors NAV ar
any time by a majority vote. increase IN.
number OF members of the Board Of III.
! rectOrN, provided said fuumbrr does not
at any time exceed the maximum mum
thus created 10y the increase in number
/ of members OF said Board hv election of
other stockholders, who shall serve until
/ IN" next ensuing regular election or until
/ the successors OF said Board shall te duly
elected and qualified. ANY other vacancy or
vacancies which may exist or occur among
! the directors by death. resignation or
otherwise. shall be filled hy the remain.
INK directors by IN" election Of other
stockholders. who shall serve until IN.
next ensuing regular election or until the
successors Of said Board shall be duly
elected, qualified and installed
ARTICLE VIII.-In the event Of the
liquidation or dissolution of this Curporl-
ton. the stockholders shall elect thr..
lquldators from among their number ar
"A meeting convened for that purpose after
] AIl'''n Nlbl NtNS written notice %
each stakeholder by mail 20 his last known
dtrr>S. said Equidators shall have the an
thoruy 10 wind up IN" business and affairs
81 TINS corporation. In ease of the death
or hquIdator, the survivors shall ap-
point stakeholder as successor 20 him.
ARTICLE IN-This charter NAV n.
modified. changed or altered. or said cor
poratioH may be dissolved, with rh,. assent
OF NfU' kholdrrs owing two. thirds Of tho
preferred stock and TWO thirds of the com
- zen
stockholders convened for such purpos.
after ifie"H tl1t days written notice Shall
haN" been given 10 each Stockholder mailed
10 him At his last known address
ARTICLE No subscriber for stock
shall ever bee held liable for the contracts
faults or debts of said corporation in any
further sum than the unpaid balance. ].
any. du" tho corporation on the stock for
which J." has subscribed. nor shall any
>Ior hAuld"r ever br held Liable for such
contract. faults or debts In any further
sum than the unpaid balance. If any. uu
ia" stock owned 10y him: nor shall any
i.'rr lhiorWaltE IN organization have tho
erect 81 rendering this charter null. or
rendering any subscriber or stockhold,r
HahI" beyond the unpaid amount II any.
remaining due on his stock
ARTICLE NI-This CORPORATION Is p-.
gained under the laws Of tn. Stat. o.,
Louisiana, aud especially Act No ~
1914. and In" subscribers hereto for then.
selves and said corporation and for IT,
"ih'"rS. directors and stockholders. hereby
accept. a. part of this charter. and rs CON
uI'loh> OF TINS corporation. an the rights.
powers. privileges and IWWUuitirS grant.
70 corporations. and granted 10 and con.
i"rr"d upon officers directors and stock.
holders Of corporations by said law, and
said acts; such acceptanC" being a. fu.
complete and binding as il said rights
powers. privileges and immuuitia~ W.-..
set forth al fun length in this instrument.
Thus done and passed in my Notarfal
once. in IN" city Of New Orleans aforr-
SAID. IN the prosenc" of Joseph NJ Rault
ana Frazer l.. Rice. competent witnesses
OF lawful axe and residing in this CITY
who her"unto subscribe their names. t..
S"ther with said parties and me. Notary
on ID" day and date set forth in the
caption hereof
Original Signed
(NameN of subscribers omfttrdD
Witnesses Jos. NJ Eault. Frazer L. Rice.
". W. YOUNG
Notary Public.
I IA" undersigned Recorder of Mort
Cages. in and for the Parish Of Orleans
state of Louisiana. do hereby certify thar
lhr above and foregoing Act Of Iu,orporl-
ton of the Atlantic Paint Company Inc.
IA hooh l@ih. folio AS, New Orleans. Octo-
Der 18Th. 1920
tSIGNED) EMILE J. LEONARD.
by. r.
l. hereby certify the above and fore
going to he a true and correct COPY of tho
Original Act Of Incorporation of Atlantic
Paint Company. Inc. together with fha
certificate Of the Recorder of Mortgages
on file and of record in my office
In faith Whereof |. hereuuto set nv
hahd ana seal this thirteenth day OF Octo-
tSEAL) Wv. VOTING.
oct. 14-Nov. IS