The herald., 1920-09-09
CHARTER.
CHARTER OF CREMO CHEMICAL MAN
TFACTURING COMPANY, INC.


Of August, in the year OF our I.ot room
thousand nine hundred and t"rn,S !l3..v
and of the Independence OF thI ,ni's IT,
states Of America, the one He,o nuHD'S Charles
forty fifth before me. Melohcy 'HdIeH
cnniot a Notary Public. duly commlS-
stoned and qualified in aud Tor me tsI III
of Orleans State Of Louisiana. ana III t tne
nrasrnce OF the witnesses her'lH"ll.l
nnar,oJ and undersigned. personally came
pud anprared Alfred c. Deiler; reslueh,,,
Of the CITY of New Orleans, ana OF the Iul.
age Of majority; John Fuchs Ie 81 IN
on the CITY Of Tampa, Florida, ana on 'he
mn age OF majority; GustaYe l.. hIelh'
resident of the City Of New orleans, anu
81 the full age of majority. ana guy q -
Teefe a resident OF the City OF Ne" Vt
leans. and Of the fun age of majority, HH Mo
declared that availing themselves OF lhe
laws OF this State relative TO the oTEhnl|1
ton Of corporations and par, .I ~,
the provisions of Act 26I or me stso'oi
~ 1914 of the Legislature OF the STATE oi
Louisiana they do by these presents -, I'll
nant. agree and bind themselves az 80, 60
aS sucb other persons who may hereafter
hooT,e os.ociated with them, to form ana
Constitute a corporation and BODY poHlI,
IN law. for the objects and purposes anu
undpr the stipuIatiOns following to-"N'
ARTICLE 1.-The name and title OF nus
cornoratiou shall be the Creme theihl'ai
Manufacturing Company. Inc. us doml-
Gle shall be in the City of New orleans'
and Il shall have and ENJOY snv'eNsIon, ut ~,
der its corporate name ior 4 pr 'ou "
hereof.
ARTICLE u.-ThiS corporation shaIi
have power TO contract, sue ana ne su'u
In its corporate name. 10 make anu w.
a corporate seal ana aIter s"hIt AZ Ill
ure. 10 hold. lease, receive purchase sen.
convey mortgage. hypOtheCate or pltuE'
property both real and personal lseu'
bonds, notes and other obligations; 20 ~
nuire by purchase. lease or oth'ENl''
formulas. prescriptions. patents copy,
rights. trade marks and trade names anu
if deemed advisable or cNPedleuI 10 VIZ
pose of the same, Wholly OF III PHLH -
such manner and on such terms as IN"
Roard of Directors may determine 10 pay
or receive royalties or commissions TOT tue
use of any formulas. prescriptions patents
copyrightS trademarks or traur han'e
rsri nv IL. TO name and appoint SuCh
manager directors. officers. agents. clerks
and other employees as the interests anu
convenience of said corporation naS
nuirc: and to make and estaDIlsh suCH "
Laws rules and regulations for the proper
management and control OF sald corpora
tion as may be necessary and eNpedlen'.
ARTICLE uI-The President, or, in his
absence or inability to act; from any cau .E
tbe Secretary is hereby designated as the
narSon uuon whom citations or other legal
process shall be served.
ARTICLE IV.-The objects and purposes
for which this corporation is ORGANIZED,
ana tho nature of the business to be car
ried on by II in the State Of Louisiana, ana
in other States of the United states ana
in foreign countries, at the pleasure OF lhs
Roard OF Directors, are hereby declared
20 ne the following, tO-wit: To manu-
facture and sell all kinds of sweeping COM
pounds and materials for use on tloors,
sidewalks, streets. etc, TO mahulact !
and sell disinfectants deodoriZerS and SIM
liar compounds mixtures or preparations
to manufacture and sell all kinds OF OILS
paints yarnisheS and enamelS: 10 hahule
roofing compounds ana matsrlaIS 70 nan
ufacture or to purchase and sell, as prln-
cinaI 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
speciaIly prohibited by law; and otherwise
70 engage in such business as may be
deemed proper, necessary, eXPedlent OF
advisable by the Board of Directors. But
nothing contained in this article shal De
construed as requiring this corporation TO
manufacture the merchandise TO be sold by
it; the Board of Directors being hereby
vested with full discretion and power tuh-
loss formally prohibited by action OF the
stockholders) to assemble the various sub
stances and ingredients composing the
merchandise sold, or to purchase or ac-
ouire the same already manufactured.
ARTICLE V.-The capital stock of this
corporation is hereby fixed at the sum OF
five thousand dollars S5;OOO.oO), divided
into fifty shares Of one hundred dollars
C$lO000) each, to be paid for IN cash OF
for labor done or services actually rem
dered the corporation or property actually
received. The capital stock OF this corpor-
alton may hereafter be increased 10 an
amount not to exceed twenty-five thousand
dollars (S25. O000O). All shares of stock
shall be fully paid and worcestershire.
No transfers of stock shall be binding on
the company, unless recorded upon Its
books. and no transfer or, sale of stock
shall be 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; sal
option shall be granted for a period of not
less than twenty days, unless the Board
of Directors unanimously waive this de-
lay in writing.
ARTICLE VI-AH the corporate powers
of this corporation shall be vested in and
exercised by a Board of Directors, COM
posed of four stockholders, by vote OF
the stockholders owning majority OF
the stock of this corporation, the number
OF members constituting the Board of Di-
rectors may hereafter be increased to five
A majority Of the Directors shall cOnsti-
tute a 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
as may be determined by the Board OF
Directors. The Board of Directors thus
year and until their successors have been
duly elected and qualified. Any vacancy
occurring on the Board shall be filled by
the selection of q Director for the uneX-
pired term. such selection to be made by
the remaining Directors. The Board OF
Directors shall, at its first meeting after
its election, nominate out of it's number
a President, a Vice President and a Sec
rotary Treasurer of the Corporation.
ARTICLE VII.-Until the election to be
held In January, 1922. the following named
Directors: Alfred c. Deiler. 1874 Magazine
street, City; John Fuchs, 20S Cardy street
Tampa, Fla. Gustave l.. Klein. 500 Per
rier street, City; Guy l.. Leefe, 201 S
Pierce street, City, with Alfred G.. Deilel
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 oil
hquidated in compliance with existing
laws, especially Act No. 267 of 1914. at
general meeting convened for that purpose
and after at least ten days written motto,
of this meeting has been given through tn,
mail, addressed to each stockholder at hi
last known place of residence. In case O.
- dissolution by the expiration of this char
tfer or otherwise. the stockholders shall
ELECT three Hquidators to serve without
/compensation, and to whom one year shall
be granted for the liquidation of the af
fairs of the corporation. In case of tn,
death or disability OF any one Of saiC
nquidattng commissioners, the survivors o.
the remaining commissioners shall appoint
ana select q successor TO him.
ARTICLE IX.--No stakeholder of thi.
corporation shall ever be held liable fol