The herald., 1911-08-10
ARTICLE II.

Inc domcile Of said corporation shall no
III the city Of New Orleans state of IouisI.
ana, and all citations or other legal nrncaSs
s ns,l De served upon the president Of said
Corporation or in the event Of his absence,
upon the Yice-preSident thereof acting ms
president, and in the absence Of both of sa ia
ton. wi po'
The objects and purposes Of this cornora
ton are hereby declared TO be
fust-TO engage In the general business
OF buying and selling lumber. logs. and nv
products Of the lumber manufacturing IN
dnstry, for Its own account. or for other
corporations. cO-partnerShips or individuals
necohd-T0 buy and sell timber lands and
timber; TO build, lease or purchase and
operate saw mills or other wOodworkinp
plants; TO build, lease or purchase and
operate logging outfits. railroads, steam
DoatS or barge lines in connection with
Third-To own lumber yards. storage
ShedS or warehouses, switch tracks locomO-
ives, ears, cranes. drays. trucks, wagons
anu anu an other adjuncts. paraphernalia.
means and appliances, incidental convent
ent or necessary TO the conduct of It's main
business and purposes
F0Wh-To exercise all powers incidental
ana appropriate TO the full and complete
carrying out Of the business and purposes
OF the corporation.
ARTICLE ".
Inc capital stock of this cOrporation is
hereby fixed at the sum of one hundred
thousand dollars $780, 1000. OO), divided into
ana represented by one thousand shares OF
s loci OF the sum Of one hundred dollars
tSlOOoo) each. Said stock shall be paid
Tor In cash or its equivalent at such time
and In such amounts and after such notice
10 the subscriber as shall be fixed by the
board of directors
The corporation shall become a going
concern and authorized TO do business as
soon as ten thousand dollars $50, 900 OO)
OF the capital stock shall have been sub
Scribed and paid for
ARTICLE
All OF the corporate powers Of said cor
poratlOn snail be vested in board of d.
'ectors. to be composed OF not less than
-nree nor more than seven Stockholders
'ach or which shall own not less than fen
mares, N, OF the capital stock of the company. |
This board shall be elected annually on the
econd Tuesday OF July Of each wear.
All such elections shall be held at the Of |
Ice or the corporation under such reglIla- |
ions as may be established by the board OF J
directors Notice Of such elections shall be |
written or printed notice directed to each
tOckholder Of record mailed at least fen
lays prior to such election.
AT all such elections and at all corporate
leetlngs every stakeholder shall be entitled
o one vote for each share of stock STANDING |
his name on the books of the company TO
e cast In person or by his written proxy,
lect. '
Any vacancies occurring among the di
ectors by death, resignation or otherwise
nail De hlled by election for the remainder
the term by the remaining directors.
failure TO elect directors on the date
bOve specified shall not dissolve the cor
Orati0n or impair the corporate manage
ent, but the directors then in Office shall
'maln In Office until their SUCCESSORS are
ected and qualified.
The board of directors shall Annually
ect from their own number a president.
secretary and a treasurer
ihey may combine the offices Of secretary
nd treasurer.
The board of directors NAV appoint a
neral manager and authorize him to en-
oy such subordinate officers and agents as
e business interests or convenience OF this
rporatiOn may require. They may fur
er authorize said general manager to dis
All officers shall hold office at the pleasure
the board of directors and they shall
we power 10 define the duties OF said Off
RS and to fix their compensation.
The board Of directors shall have the
Wer and the right to borrow and lend
Dney when necessary or to its advantage
conducting Its business, but only in mat
rs connected with the objects Of this cor
ration; to acquire by purchase, lease or
change any real, personal, mixed, cor
real or incOrpOreal property necessary or
nvenient 10 carry out the objects of this
operation, and the same TO be disposed OF
sale, exchange or In any usual or Gus
nary manner, and to lease, mortgage or
,dge any Of the assets of the company.
The board Of directors shall make all
les and regulations as are in its judg
mt proper.