The herald., 1911-08-24

IL are TO buy, sell. manufacture timber; "a
purchase and sell timber lands. as well as
10 purchase. sell and manufacture timber
and all forest products.
THE CAPITAL STOCK of this corpora ion
! is hereby fixed at Three Thousand Dollars,
, divided into thirty 900 shares of the par
value Of one Hundred (S10O.O0D 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
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
Its capital stock shall have been subscribed
for; and it 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 d.rec-
tors composed OF three stockholders who
shall he elected by ballot on the first
Wednesday Of August of each year, except
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.
tors shall be filled by the remaining direc-
tors. failure of the stockholders to elect
a new board of directors shall not vacate
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
changed or altered, or this corporation NAV
| be dissolved with the assent of two-thirCis
| t2-3D of the stock represented at a general
| meeting convened for that purpose after
due notice In writing. In the event Of the
dissolution and liquidation of this corpora
| tion, the same shall be carried out by three
\ llquidatorS, 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
| De selected by the remaining liduidatOrs
THIS DONE AND PASSED in my office. in
/ TINS city and state, on the day, month and
year hrst hereabove written, in the pres
ence of ]. c. Hollingsworth and J. J. Ken
| nedy, competent witnesses, residing in this
| city, who have hereuntO signed their names
| together with the appearers hereto. and me
notary.
(NAMES OF SIGNERs.)
J. c. HOLLINGSwoRTH
| J. J. KENNEDY.
VI. NJ. BOATNER.
| Notary Public
/, 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, Ia, August Il. A. ID. 1911
EMILE LEONARD, ID. Il.
/, l., the undersigned Notary Public, dc
hereby certify that the above and foregoing
/ Is true and correct copy of the original
act OF Incorporation of the Gulf States Log
| glng and Timber Company, Ltd, of record
/ in my office
In faith whereof I have hereunto ser nv
! hand and the impress of my official seal
on the 14th day of August, A. u. 1911.
VI. NJ BOATNER
|
Aug. II, "a, 81, Sept. I, IA, u, 1911.