The herald., 1912-03-14
CHARTER
OF LANE TIMBER COMPANY.

UNITED STATES OF AMERICA. STATE
OF LOUISIANA, CITY OF NEW OR
LEANS, PARISH OF ORLEANS.
BE 1t known, That on this seventeenth
(i7th) day Of the month of February, in
the year of Our Lord one thousand nine
hundred and twelve (1912), and of the In
dependence of the United States of Amer
lea, the one hundred and thrty-sixth
(136th), before me, Henry Leon Sarpy,
Notary Public, duly commissioned and quail
flied in and for the Parish of Orleans. State
OF Louisiana, and in the presence of the
witnesses hereinafter named and under
signed, personally came and appeared: Ed
ward f. Moberly.- represented herein by
Walter c. Kent; Mrs Mary +. Adam Hall
the widow of the late Harry II. Hall, rep
resented herein by J. Blanc Monroe; ].
Blanc Monroe. and Walter C. Kent, all res
ldents of the City of New Orleans. State OF
Louisiana, with the exception Of Edward +.
Moberly, who Is a resident OF Los Angeles.
State of California all of the full age OF
majority, who declared, that availing them
selves of the provisions of the laws of this
state relative to the formation OF corpora
tiOns, they do by these presents covenant,
agree and bind themselves. as we'll as such
persons as may hereafter become associated
with them, OF form and constitute a corpor-
alton and body polite in law, for the pur-
poses and under the agreements and stipu-
lations following. which they adopt as their
articles OF Incorporation, t0-Wlt:
ARTICLE l.
The name and title of this corporation
shall be Lane Timber Company" and IN
der its said corporate name II shall have
full power and authority to have and enjoy
corporate existence and succession for the
term OF ninety-nine years from and after
the date hereof; to contract, sue and be
sued TO make and use a corporate seal, and
the same to break or change at pleasure I;
to hold In fee or otherwise; receive, lease,
purchase, ALLEVIATE and convey as well as to
mortgage and hypornecate property, real and
personal; to Issue stocks and bonds there
for; to name and appoint such managers,
directors, officers or agents as the interests
of said corporation may require; and to es-
tablish such bylaws, rules and regula lions
for the proper management Of the affairs OF
said corporation as may be necessary and
proper. the same to alter at pleasure: and
generally TO do and perform all such acts
as may he proper and necessary to carry out
and execute the purposes Of this corporation.
ARTICLE II.
The objects and purposes for which this
corporation is formed and the general ma
ture OF the business to be carried on by IL
are declared and specified to be the man.
ufacture of all kinds of lumber, the con-
structiOn and operation OF sawmills and all
other buildings, manufacturing establish
ments and appliances necessary or conve-
.
the buying, selling, holding and leasing of
all real estate, stumpage, logs. lumber and
all kinds of building materials; the estab-
lishment and conduct of lumber yards, the
construction. acquisition and operation of
such tramways, railroads, canals, schooners
steamboats, and other means of transporta-
ton as may be required, and, in connection
| Herewith, the owning and operating of tee-
| graph and telephone lines and the conduct
| ing Of general country stores, and, generally
| the doing OF any and all acts ordinarily
| pertaining to its business whether within or
without the limits of the State of Louisi.
ana.
ARTICLE ILL.,
The domicile OF this corporation and its
| principal place of business shall be in the
| City of New Orleans, State of louisiana
The president of said corporation, and In
| his absence the vice-president, are designated
| as the officers upon whom service of cita
| ton and other legal process shall be made
ARTICLE ".
hereby fixed at sixty thousand dollars $3.50,
| OOO.00), divided into or represented by 81,
| hundred (6OO) shares of one hundred dol
lars (S1OO.O0) each, which shares shall bt
paid for In cash at such times and in sucf
amounts as the Board of Directors may de
| termine or the said stock may be issued al
| not less than par In payment of property
actually received or purchased by said cor
| polhhiOui VI lOE uOHt Ut mOUty dClu
ally received Said company may com
mence business Immediately upon the sub
| scription of it's entire capital stock as evi
| denced by this act of incorporation.
| Certificates of stock fully paid and non
| assessable shall be issued TO each subscrib
er to the amount paid by him therefor.
ARTICLE V.
All the corporate powers OF this corpor
| alton shall be vested In and exercised b!
| the Board Of Directors TO be composed o
| three persons, who shall be stockholders o
| this corporation. Said directors shall b.
| elected annually on the second Tuesday az
| ter the first Monday in december in eacl
| year; the first election to be held in 1912
| All such elections shan be by ballot, an,
shall be held at the Office of the corpora
tion, under the supervision Of three com
| missioners, to be appointed by the Board o
| Directors, during the hours from 10 o'clocl
| in the forenoon to II O'Clock meridian. Tel
| days prior notice of such election shall b.
given by publication in one Of the dali
| newspapers published in the City OF New
Orleans.
The directors thus elected shall serve an
| continue in office until their successors shall
| have been elected.
At such elections, each stakeholder shall
| be entitled to cast one vote for each an,
| every share Of stock held by him either Il
person or by proxy, and the majority of tn
votes cast shall elect the directors for tn
| ensuing year.
IT, at any time, there should be a failur
| to hold a stockholders meeting to elect dI
| rectors. or, II at such meeting, there Shout
| be failure to elect directors as above prO