The herald. [volume] (New Orleans, La.) 1905-1953, 1911-09-14

1t are to buy, SELL manufacture timber: to
purchase and sell timber lands, as well as
TO purchase, sell and manufacture timber
and all forest products.
The CAPITAL STOCK OF this corporation
is hereby fixed at Three Thousand Dollars.
I divided into thirty 800 shares of the par
value Of One Hundred (Sl0000) 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
first Offering the same to the other stock
holders, in writing, who shall have the first
right to purchase the same within a period
Of five (5) 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
for; and 1t 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 a board of direc-
tors composed or three stockholders, who
shall be elected by ballot on the first
Wednesday Of August Of each year, except
1ne nrst 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
or by proxy in writing issued to any stock
nolder. ANY vacancy in the board Of direc-
tors shall be filled by the remaining direc-
tors. A failure of the stockholders TO elect
new board of directors shall NOT vacate
any office, and the board of directors and
me oftlcers in office shall continue until
their successors shall be elected
THIS CHARTER MAY BE AMENDED. modified
changed or altered, or this cOrporation may
De De dissolved with the assent Of two-thirds
lz-5l OF the stock represented at general
meeting convened for that purpose after
due notice In writing. In the event of the
dissolution and liquidation of this corpora
lion tloli oae same shall be carried out by three
| ilquldators, who shall hold office until the
termination Of its affairs, and in the event
OF the disability or death of one Of the same
MS successor for the unexpired term shall
oe Seiected by the remaining liduidators.
IHlS DONE AND PASSED in my office. in
inns city and state, on the day, month and
year nrst hereabOve written, in the pres
enee OF J. c. Hollingsworth and ]. ]. Ken
city, who have hereunto signed their names
together with the appearers hereto, and me,
| notary. --e'
u,. (NAMES OF sIGNERS.)
J. c, HOLLINGswoRTH.
j. j. KENNEDY.
NJ. NJ. BOATNER.
T A. Notary Public.
In and for the Parish of Orleans, State of
louisiana do hereby certify that the above
ana FOREGOING act OF Incorporation of the
Limited, has been this day duly recorded
In my office in Book No. 1851, folio
New Orleans, La, August II, A. ID. 1911
tho un, EMILE LEONARD, D. r.
hereby certify that the above and fore1oino
Is true and correct copy of the original
act OF incorporation of the Gulf States Log
glng and Timber Company, Ltd, of record
In faith whereof have hereunto ser nv
hand and the impress Of my official seal
on the 18th day of August, A. ID. 1911.
(SeaD NotarI p,,hii,o
Aug, IL, "a, 81, Sept. Z, IA, p, i9ii.