The herald. [volume] (New Orleans, La.) 1905-1953, 1911-08-17
CHARTER
OF THE GULF STATES LOGGING AND
TIMBER COMPANY. LIMITED.
UNITED STATES OF AMERICA, STATE
OF LOUISIANA, PARISH OF Or
LEANS. CITY OF NEW
ORLEANS

BE 1T KNOWN, that on this. the 14th day
OF August, In the year of our Lord one
thousand, nine hundred and eleven and of
the independence OF the United States one
hundred and thirty-hfth, before me- Marx
Mayo Boatner, "A notary public duly com
missioned and qualified in and for the Par
Ism OF Orleans, State Of Louisiana, and in
the presence of the undersigned comnetenf
witnesses, personally came and appeared
EDWARD Nathan, Clarence f.. Fettis and
John ID. Eddy, all Of whom reside and are
domlciled In the city Of New Orleans, State
OF Louisiana, who declared that ava ilinp
themselves of the general laws of this State
relative to the formation of corporations
they have cOyenanted, and do by these pres.
ents covenant ana agree, Obllgate and bind
themselves, as well such other persons
as may hereafter become associated with
them, TO constitute and form themselves
INTO corporation and body polite for the
purposes and objects and under the ar
ticles and stipuatiOns following, to wit:
THE NAME AND TITLE Of this corpora ion
shall be GULF STATES LOGGING AND TIMBER
COMPANY, LTD, and by that name il sha II
nave and enjoy succession for a period of
ninety-nine C99D years il shall have mower
10 receive, accept, hold. purchase. acquire
possession, lease, improve, cultivate CON
vey, mortgage and hypothecate, in its cor
porate name, property, both real and per-
sonal TO borrow money, lend the same and
10 give and receive security therefor 10 is
sue bonds and other evidence of debt. and
TO do and perform all things not prohibited
Dy the laws Of this state referring TO corpOr-
ations.
THE DoMICILE of this corporation shall be
IN the city OF New Orleans, State of Lou
isiana, and all legal citation shall be served
upon the corporation as provided by law.
The OBJECTS AND PURPOSES for which
TINS corporation Is organized and the ma
lure or the business 10 be carried on by
II are to buy, sell, manufacture timber: to
purchase and sell timber lands as we'll as
10 purchase, sell and manufacture timber
and all forest products.
THE CAPITAL STOCK of this corporation
Is hereby fixed at Three Thousand Dollars,
divided into thirty 900 shares of the par
'alue Of One Hundred (S1OOOO) Dollars
each, which shall be paid for in cash, labor
done, or property actually received. in such
manner and at such times as the board of
directors may elect
No sTOCKHOLDER shall have the right TO
sell the stock OF this corporation without
nrst onering the same to the other stock
holders, In writing, who shall have the first
right 10 purchase the same within a period
OF hye tj) days at the then book value.
THIS CORPORATION shall commence bust
ness as soon as Three Thousand Dollars of
It's capital stock shall have been subscribed
Tor; and Ii shall become a going concern
when the said subscription shall have been
made.
ALL THE CORPORATE POWERS of this cor
poration shall be vested in board of direc-
tors composed OF three stockholders, who
shall be elected by ballot on the first
Wednesday OF August of each year. except
the first board, which shall be elected i'm
mediately following the Incorporation and
the necessary subscription shall have been
signed said directors may vote in person,
OF by proxy In writing issued to any stock
holder: Any vacancy in the board OF direc-
tors shall be filled by the remaining direc.
tors. A failure of the stockholders to elect
a new board OF directors shall not yacate
any office, and the board of directors and
the officers in office shall continue until
their successors shall be elected
THIS CHARTER MAY BE AMENDED, modified |
q nR Ia II
be dissolved with the assent Of two-th,rds |
t2-3) OF the stock represented at a general |
meeting convened for that purpose, after
que notice In writing; In the event of the
ZION, the same shall be carried out by three
liquidators, who shall hold office until the
termination OF its affairs, and in the event
of the disability or death of one of the same
his successor for the unexpired term shall
be selected by the remaining liquidators.
THIS DONE AND PASSED in my office In
tnls city and state, on the day, month and
year first hereabOve written, in the pres
ence of j. G. Hollingsworth and J. J. Ken
nedy, competent witnesses, residing in this
city, who have hereunto signed their names
notary.
tNAMES OF sIGNERs.)
J. c. HOLLINGswoRTH
]. J. KENNEDY.
NJ NJ. BoATNER,
Notary Public
L, the undersigned Recorder of Mortgages
IN and for the Parish of Orleans, State of
Louisiana, do hereby certify that the above
and foregoing act Of Incorporation of the
Gulf States Logging and Timber Company.
Limited, has been this day duly recorded
In my office In Book No. 1851. folio :.
New Orleans, La, August II. A. ID. 1911.
EMILE LEONARD, ID II.
|, the undersigned Notary Public. do
hereby certify that the above and foregoing
Is true and correct copy OF the original
act or Incorporation Of the Gulf States Log
ging and Timber Company, Ltd, OF record
In my office.
In faith whereof I have hereunto SCI NV
hahu ana the Impress of my official seal,
on the l4th day of August, A. ID. 1911.
80 NJ. NJ BOATNER
seal Notary Public.
Aug II, "a, 81, Sept. Z, IA, 81, 1911.