The herald. [volume] (New Orleans, La.) 1905-1953, 1912-09-26
CHART Err
OF CALUMET LAND AND TIMBER COM
PANN.

Ross T. Brrazcale a notarr pnhlir I'm ,nb
Tor the state and parish aforesaid duly com
miSNIoned and qualified. and in the presence
OF me witnesses hereinafter named and I'M
| drFSlSnel personally came and appeared
| me parties whose names are hereuut0 sub
scrioed, who declared that, awaiting them
| selves Of the privileges of the constitution
ana laws OF the state OF Louisiana relative
4 10 the formation of corporations they have
'oVenanted and agreed. and do uy these pres.
enjS covenant and agree and bind thrm-
selves their SUCCESSORS and assigns. AMI
such persons who may hereinafter become
associated with them, 10 form and conSti-
Tor the objects aud purposes and under the
l S'lpuiations and conditions following. To.
wit:
ARTICLE l.
/ The name of this corporation shall 10 the
/ calumet Land and Timber COMPANY" and
! under such name, il shall have AMI enjoy
CorPoTatc existence ami succession for a
! period Of ninety nine years from the date
OF this act, with fun power In the prose.
cution and for the purpose Of its business
as hereinafter defined; to contract. Slle and
'r sued mold, ALLEVIATE, mortgage. pledge. or
/ otherwise cucumber any property movable
or immovahe. in or ont Of the state of Lou
! iSlana to issue notes, bonds or other evil
| denccs Of Indebtedness and to secure same
/ by pledge mortgage or otherwise: TO ap-
point or select such directors. officers. mana
| gers, agents or other employees as the ma
lule OF us business may require, and to eX-
erciSe all rights and powers that may now
or hereafter be permitted by law TO corpor-
ations Of this character.
/ ARTICLE H.
| The domiciIe of this corporation shall he
! IN the city of New Orleans, state OF Lon.
| Islaha, ana all citations or other legal pro-
cess snail be served upon the president, and,
| in his absence, on the ce-president. and
In his absence. on the secrdtary-treasurer
| ARTICLE III.
! The objects and purposes for which this
| corporation is established and the nature
of the business TO he carried on by it are
hereby declared to be:
| To buy, SELL lease and deal I'm timber
| agricultural and wet lands within or with.
out the state; to buy, construct, lease or
| otherwise acquire saw-mlls for the purpose
or manufacturing lumber and TO sell the
same; TO buy, construct, maintain, lease
and otherwise acquire railroad railroad
! equipment and tracks for the purposes of
| lis business; to undertake works Of drain.
age, ana reclamation and to promote coloni-
Zatlon and immigration In connection there
with, and generally to do and perform any
and all things incidental pertinent or ap-
propriaie to the powers hereinabove emu
The capital stock of this corporation is
hereby hXed at one hundred thousand dol
Iars t$lOoOoO), divided into and repre-
scented by one thousand 1,OO0) shares OF
stock, or the par value of one hundred dol
| lars $4,000 each. Which said stock shall
De paid Tor In cash or may be issued In pay
ment OF and for rights or property actually
| received by this corporation. All transfers
or shares Of the capital stock OF this cor
poration shall be entered on the stock book
and no transfer shall be In any manuer
| binding on this corporation until so entered.
| This corporation may become a going CON
Germ, and may commence business when
| twenty-five thousand dollars ($2J, OOO) of
for
ARTICLE V.
All OF the corporate powers Of this cor
poration shall be vested In and exercised by
a board or directors, composed of three
stockholders, two of whom shall constitute
quorum In the transaction OF business
| said directors shall be elected at a gem
eral meeting of the stockholders of this cor
| poration to be held on the fifteenth day OF
| April In each year, unless said day shall be
a legal holiday, In which event said election
shall be held on the next succeeding business
day.
Notice OF said election shall be given by
| publication for seven successive days pre-
cedlng the election, In a newspaper of gen.
eral circulation published in the English
language, In the city of New Orleans Said
board OF directors shall at the first meeting
or Its board of directors elect a president,
vice-president and secretary treasurer
| The first election for directors under this
charter shall be held and shall take place on
| the 9th day of July In the year nineteen
| hundred and twelve, and they shall serve
| until their successors shall have been duly
elected and qualified.
ARTICLE VI
| The Following shall constitute the first
board OF directors Henry N. Sherburne f.
G; Glenn and G. 8. Williams, and the said
|
| said f: G. Glenn shall be vice-presldent and
the said c. s. Williams shall be secretary
| treasurer.
The failure for any cause TO elect direc.
tors on the day stipulated shall not dis.
solve the corporation, but the officers and
directors then In charge shall hold over I'M
~ their successors shall have been duly
elected and qualified In the event OF any
failure to hold the election on the day stlp-
| ula .Su the president OF Inis corporation or
In his absence, the yice-president shall i'm
/ q ffaH naI1
be held after notice as hereinafter provided
AT all elections and meetings of stOckhold-
ers OF this corporation each stakeholder
shall be entitled to one vote for each share
of stock registered in hll name and NAV
vote In person or by proxy.
ARTICLE VII.
| The power and authority to SELL mort
gage, cucumber or otherwise dispose OF me
! realty owned by this corporation shall be
vested In the stockholders, according to their
Judgment, expressed at a meeting called
president under the instructions of the board
OK directors; and majority of the stock
ARTICLE VIII.
| This act OF Incorporation may be changed
modified or amended and this corporation
may be dissolved by and with the consent
| corporation present or represented at a gen
eral meeting of the stockholders called for
that purpose after notice given in the man.
ner provided In Article hereof
Upon the dissolution of this charter by
| limitation or otherwise, its affairs shall be
| liquidated by the then president, vice-pres-
ldent and secretary-treasurer. Should either
be unable or cease to act for any cause the
other two shall continue the liquidation
| alone.
| ARTICLE TX
The capital stock OF this corporation may
be increased or decreased in the manner now
or heretofore provided for by the laws Of
| this state
No stakeholder Of this corporation shall
| be held liable or responsible for the con-
| tracts or faults of this corporation In any
| further sum than. the unpaid balance due
| this corporation on the shares OF stock sub.
| Scribed for or owned by him nor snail any
| tnformality In organization have the effect
OF rendering this charter null, or OF expos
| Ing any stakeholder to any liability beyond
the unpaid balance, II any, due on his stock
| The subscribers hereto have set opposite
| their respective names the number OF shares
| OF capital stock subscribed 10 by them and
same shall serve In lieu Of a subscription
/ list.
| Thus done and signed at New Orleans.
| Louisiana, this 9th day OF July, nineteen
| hundred and twelve, in the presence OF
| Sterling Parkerson and Albert Singer COM
| petent witnesses. residing In this parish
| who have hereunto signed these presents
| together with the said appearers and me-
| notary, after due reading Of the whole
Original signed: Henry N Sherburne
| 100 shares f. G. Glenn, 100 shares; c. A.
| Williams, 260 shares. Witnesses Stirling
| Patterson, Albert Singer.
| ROSS z. BREAZEALE.
| (SeaD Notary Public