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

The objects and purposes for which this
efporatlon Is organized and the nature OF
| 0 business to be carried on by IL, are
4eoy declared to be as follows:
10 purchase, receive, own and hold mort,
| rses, notes, debentures, shares Of capital
~ securities, obligations contracts, evil
Noes OF indebtedness and other property.
~ and all the rights, powers and priyi-
- OF individual owners thereof, to do
" and all acts and things tending to In
Gease the value Of the property at any
me held by the corporation; to Issue
saa ~. and to secure the same by pledges s
oeed OF trust or mortgage upon the
snole or any part Of the property held by
Pc corporation, and to sell or pledge such
mas Tor proper corporate purposes, as
~ when the board of directors shall de-
tfnine, and In a:e promotion of its said
pfporafe business. to lease, purchase, hold.
assign, mortgage and convey real and
uonel property within and without the
soie OF Louisiana and In any part of the
VII, 10 construct. execute, carry out,
Sap, improve, work, develop, administer,
image or control In the state of Louisi-
sno elsewhere public works, improve
an and conyeniences of ell kinds, In
@sung railways whether propelled by
@ns eiectrieity, horse or other powerh
80, gas, electric works, terminals,
aan yiaducts, canals, hotels, piers,
Ses and any and like works Of inter
-
sanitary, water, gas, electric lights,
'one, geographic and power supply
~ warehouses;, markets, schools and ed
.snai institutions and all other works
usenienees OF public utility; to apply,
-snase or otherwise acquire any con-
SSst oecrees and concessions for, or In
s"a 70 the construction, execution, car
fec,,vuh equipment, management, admin
S~SDn VI control OF any works and con-
~ - pubic or private, and to under
e =. Aecute, carry out and dispose OF,
~ omerwise turn TO account, the same to
- ma everything necessary, suitable
N psr Tor the accomplishment Of any
n ~ purposes and attachments of any OF
~ eelects hereinbefore enumerated, or
<S>s. seaii at any time appear for the
|r,vs.,M tne corporation capable of being
~ s1entiy carried on In connection with
above or calculate directly or Indirect |
~ .asnce the value Of, or render profit |
~, OF the corporations property or
~ Also 10 build and operate sawmills, |
- ~ NILS, and any kind OF woodwork |
~ fss~ Tor the manufacture of all and
s1o OF woods into merchantable prod !!
~ % construct tramroads, railroads,
- ste same. and to construct dirt
lSnx,.t nv other things necessary for the
|1IS-shoIa general milling and manufca-
'E-s ~ mess for the manufacturing OF
~ 49, AIS, shingles, sash, doors, blinds,
&nsf~S,u INTO turned work and other mer-
-, products, and TO buy and sell
= - merchandise Of all kinds and to con-
general merchandise business.
4 A.; ,.2oration may conduct its business
~. u branches, and have ne or more
4 sss vutade of the State of Louisiana,
~ az OF the several States and Ter
A. o. the United States of America,
=, me District OF Columbia and In
y Ma AL OF the foreign countries, and
- ~ purchase, mortgage, convey, real
&1stsssas onai property in said State and
ARTICLE w.
%. 0pital stock Of this corporation
= mo Is hereby fixed at ten million
~ -, t.s,yoOO, 100000, divided into and
n 49, ~ ore hundred thousand (10O,-
N Az u the par value of one hun
~ ss str5 (Sl00.0O) each, of which
t,edsand shares shall be preferred
~ Kc,sse SIX (6) per cent stock, and twen-
- ssud shares shall be cmmon stock,
sh De paid for in cash in such
snch times and In such amounts
~ ro OF directors may determine,
q ne may be issued at not less than