The herald., 1920-08-19
CHARTER OF CREMO CHEMICAL MAN
IFACTURING COMPANY, INC.

thousand nine hundred and twenty ll32el
and Of the Independence Of tn lhHel
States of America. the on" huhurrL Hhl
forty-fifth. before me. Meloncy Charles
SOniat Notary Public. duly coy
stoned and qualified in and for the Parish
of Orleans State OF Louisiana. ana III lhr
presence of the witnesses hereinafter
named and undersigned personally came
and appeared Alfred g. Deiler. resident
of the CITY Of New Orleans, and of the fun
age of majority; John Fuchs, a resident
of the City of Tampa, Florida, ana or the
full age of majority; GuStave l.. Klein, a
resident Of the City of New Orleans. and
OF the full age of majority. and Guy l..
Leefe a resident of the city or New Vt
leans and Of the full age of majority, VINO
declared that awaiting themselves OF the
laws of this State relative to the Organiza
ton of corporations, and particularly or
the provisions of Act 26I of the session
of 1914 of the Legislature of the state OF
Louisiana they do by these presents cove.
nant. agree and bind themselves as well
as such other persons who may hereafter
become associated with them, to form and
constitute a corporation aud body polite
in law, for the objects and purposes ana
under the stipulatiOns following, tO-wlt:
ARTICLE 1.-The name and title of this
corporation shall be the Creme Chemical
Manufacturing Company. Inc. its domi-
cile shall be in the City or New orleans
and il shall have and enjoy succession un,
der it's corporate name for period oil
ninety mine years from and after the date
hereof
ARTICLE U-This corporation shall
have power to contract, sue and be SUED
in it's corporate name; to make ana use
a corporate seal and alter same at pleas
ure; TO hold, lease, receive, purchase, sell
convey, mortgage, hypothecate or pledge
property, both real and personal; issue
bonds, notes and other obligations: TO ac-
Ouire by purchase, lease or otherwise
formulas. prescriptions, patents, copy.
rights, trade marks and trade names, and
IL deemed advisable or eXpedient to dis
pose Of the same, wholly or in part, in
such manner and on such terms as the
Board Of Directors may determine; to pay
or receive royalties or commissions for the
use of any formulas, prescriptions, patents,
copyrights, trademarks or trade names
used by 1t to name and appoint such
manager directors, officers, agents, clerks
and other employees as the interests and
convenience OF said corporation may re-
quire; and to make and establish such by
laws rules and regulations for the proper
management and control of said corpora
tion as may be necessary and eXpedient.
ARTICLE III.-The President. or, in his
absence or inability to act, from any cause.
the Secretary, Is hereby designated as the
person upon whom citations or other legal
process shall be served.
ARTICLE IV.-The objects and purposes
for which this corporation is organized,
and the nature of the business to be car
ried on by IL In the State of Louisiana, an
IN OtneT states OF the I0lteu NlEScb anu
in foreign countries, at the pleasure of the
Board of Directors. are hereby declared
to be the following, to-wit: To manu-
facture Eau seli all kinds of sweeping COM
pounds and materials for use on floors,
sidewalks, streets, etc, to manufacture
and sell disinfectants. deOdOrizers and sim
liar compounds, mixtures or preparations
to manufacture and sell all kinds of oils,
paints varnishes and enamels; to handle
roofing compounds and materials; to man
ufacture or to purchase and sell, as prin-
cipal. agent, or on commission, all char
acters and kinds OF merchandise, whether
Incidental or related to that herein named
or not, provided such business be not
specially prohibited by law and otherwise
10 engage in such business as may be
deemed proper, necessary, eXpedient or
advisable by the Board of Directors. But
nothing contained in this article shall be
construed requiring this corporation to
manufacture the merchandise to be sold by
IL: the Board of Directors being hereby
vested with full discretion and power (un-
less formally prohibited by action of the
stockholders) to assemble the various sub
stances and ingredients composing the
merchandise sold, or to purchase or ac-
quire the same already manufactured.
ARTICLE V.-The capital stock of this
corporation Is hereby fixed at the sum of
five thousand dollars (S5,000O0). divided
into fifty shares of one hundred dollars
(S100O0l each, to be paid for in cash or
for labor done or services actually rem
dered the corporation or property actually
received. The capital stock of this corpor-
alton may hereafter he increased to an
dollars 1885. 000.O0). All shares of stock
shall be fully paid and On-asseSSable.
No transfers of stock shall be binding on
the company, unless recorded upon its
books. and no transfer or sale of stock
shall he made to any person without pre-
viOusly offering the same at the same
price to the stockholders of this corpora
ton, said offer TO be submitted in writing
to the Board of Directors. stating the
number of shares offered for sale the price
bona fide offered for the same. and the
name of the person making the offer saI
option shall be granted for n period of not
less than twenty days, unless the Board
OF Directors unanimously waive this de-
lay in writing.
ARTICLE vI.-An the corporate powers
hof this corporation shall be vested in and
fxercised by Board of Directors com.
posed of four stockholders, by a vote OF
THE stockholders owning a majority OF
the stock of this corporation the number
Of members constituting the Board of Di-
rectors may hereafter be increased to five
majority of the Directors shall consti-
tute quorum for the transaction Of the
business. The Directors shall be elected
annually by the stockholders on the second
Monday of January of each year. Each
stakeholder shall be entitled, in person
or by proxy, to a vote for every share of
stock owned by him, and all elections shall
be held under such rules and regulations
Ms may De determined by the Board of
Directors. The Board of Directors thus
elected shall continue in office for one
year and until their successors have been
duly elected and qualified. ANY vacancy
occurring on the Board shall be filled nv
the selection of a Director for the unex-
pired term, such selection to be made nv
the remaining Directors The BOARD Of
directors shall, at its first meeting after
its election, nominate out of its number
a President, a Vice President and a Sec.
rotary Treasurer Of the Corporation
ARTICLE Vll.-Until the election 10 he
held In January, 1922. the following named
persons shall constitute the first Board of
Directors: Alfred G. Deiler 1474 Magazine
street, City; John Fuchs 20S Cardy street
Tampa, Fla; Gustave l.. Klein 500 Per-
rler street, City; Guy l.. Leefe, 2Ol
Pierce street, City, with Alfred c, Deiler
as President. John Fuchs as Vice Presi
dent, and Guy L. Leefe as Secretary Treas
urer.
ARTICLE VIII.-This act Of incorpora
ton may be changed, modified or altered
or this corporation may be dissolved or
iiquidatsd in compliance with existing
laws, especially Act No. 267 of 1914, at a
general meeting convened for that purpose,
and after at least ten days written notice
of this meeting has been given through the
mail, addressed to each stockholder at his
last known place of residence In case of
dissolution by the expiration of this char.
ter or otherwise, the stockholders shall
elect three hquidators to serve without