The herald. [volume] (New Orleans, La.) 1905-1953, 1913-05-22

{ \
EMILE LEONARD. D,rury E"cord"r.
\ true copy from the original act.
ROBERT LEGltB. Np'. P.h.
may u - :" june = l.
CHARTER
or THE CEDAR PULP COMPANY.
UNITED STATES OF AMERICA. STATE
! OF LOUISIANA, PARISH or ORLEANS.
CITY or NEW ORLEANS
BE II known. that on this the fourth l4thb
| day OF the month Of April. in the year nine
| teen hundred and thirteen ll9l3l, before
/ me, Bertrand l. Calm, notary public, in
and for the Parish Of Orleans, state OF Lou
/ iSana, duly commissioned and qualified, and
| in the presence Of the witnesses ereinafler
named and undersigned, personally came
| and appeared the several persons whose
names are hereuntO subscribed, who sew
orally declared that aNailiug themselves ~
| and provided, and particularly OF the pro
visions ~ an act Of the Legislature OF this
state, known as act No. - ~ the session II
! 1904, they do by these presents. covenant,
agree and bind themselves as well aS such
other persons who may hereafter become as
/ SocIai"d with them 70 form and constitute
! a corporation and body polite In law FOR the
| objects and purposes and under the s,ipula-
! tons following, ro-wit:
ARTICLE l.
| The name and title " this corporate
shall ur the Cedar Pulp Company. It's dOmi-
| ellie shall he in The city OF New Orleans, and
| it shall have and enjoy succession under its
| corporal" name for period Of niucty-niun
years from and after the date hereof aul
shall have and enjoy all the rights and
privileges granted 10y law TO corporations.
ARTICLE II.
Ii shall begin business at once: ir shall
! nave power 10 contract, sue and be sued IN
/ its corporate name, 10 make and use a cor
! p0rate seal and the same 10 alter at pleas
| urr' 10 hold receive, purchase, convey,
mortgage, hypOthccate OF pledge property,
both real and personal; issue bonds, notes
and other Obligations. to have and employ
such mana gers. directors, officers agents
clerks ami other employees as the interests
and convenience ~ said corporation may re-
lquirc; and 70 make and establish such by
laws, rules and regulations for the proper
| management and control Of the affairs Of
said corporation, as may bc necessary and
eIpedient.
ARTICLE Ill
The president, or in the event OF his death
absence or inability TO act for any cause.
the secretary and treasurer j. hereby deSig,
mated as the person upon whom all citations
or other legal process shall be served
ARTICLE ".
The objects and PURPOSES for which this
corporation is organized. and the nature OF
| the business to be carried on 10y il in the
State OF Louisiana and in other states OF
the United States and in foreign count ricS
At the pleasure OF the board OF directors
are hereby declared TO be the following, To
wit: 10 manufacture and sell all kind.
or sweeping compounds for use on floors
Sidewalks, streets, etc. to manufacture and
sell diSinfeCtantS, deodoriZerS and similar
compounds, mixtures or preparations Il
! manufacture and to sell. as principal, agent
or on commission, all character Of mcrchan
disc similar to that herein specially men
toned or such other merchandise. whether
Incidental or related to that herein named
or not, provided such business be not spc
cially prohibited by law; and otherwise Il
engage in such business as may be deeme,
proper, necessary, eXpedient or advisable by
the board OF directors.
ARTICLE V.
| az ,
hereby fixed at the sum Of twenty five thou
sand (S2J, 100000 dollars, divided into fiv,
hundred shares (500) Of fifty ($J0.0OD dol
lars each, payable in cash. or its equivalent
as the board Of directors may direct, and tn,
corporation Is to begin business as soon a.
three thousand (S3,000.00) dollars OF tn,
capital stock has been subscribed and pai'
for. All shares Of stock shall be full pail
and worcestershire. No transfer OF stool
shall be binding on the company unless re
corded upon its books and made in pursuanc,
or its charter and bylaws. No transfer o.
sale OF stock shall be made to any person
without previously Offering the same at tn,
same price to the stockholders OF this cor
pOratiOn said offer to be submitted in writ
ing to the board OF directors. stating tn
number OF shares offered for sale, the pric
bona fdely offered for the same, and tn
name Of the person making the offer sucl
option shall be granted for a period OF no
less than twenty DAYS. unless the board o
directors unanimously waive this delay, II
writing.
| Il Il.
All the corporate powers OF this compan,
and the management and control OF It's bust
ness shall be vested in and exercised by
board Of directors composed OF three stock
holders. majority of the directors shall
constitute quorum for the transaction o
ell business. The directors shall be electe
annually by the stockholders on the secon,
Monday OF January OF each year Eacl
stakeholder shall be entitled in person or b,
proxy, to vote for every share OF stool
owned by him. and all elections shall be he'll
under such rules and regulations as ma.
be determined by the board Of directors.
The board of directors thus elected shal
continue In office for one year and unit
their successors have been duly elected an
Iqualiied. Any vacancy occurring on sal
board shall be filed by the remaining direC
tors for the uneIpired term. The board o
directors shall at its first meeting after II
election nominate out of its number pres
dent, n vice president and secretary
treasurer, and these officers shall have sue
powers as may be conferred upon them b
the board OF directors. The board of dreC
tors shall have the right and power, an
shall. from time TO time. appoint or dis
charge such clerks and other employees a
may be deemed necessary, expedlent an
proper by them FOR the proper conduct an
terests OF said corporation. Any OF the d
rectors shall have the right TO appoint b
written instrument another director as hi
proxy to act In his stead at any and a
meetings OF the board Of directors.
ARTICLE VII.
Until the election TO be held In January
1914, the following named persons sha
constitute the first board of directors
Thomas Goldman. $. Mussman and Alber
Coguenhem. with Thomas Goldman as pres
dent s. Mussman, vice president, and A
bert Coguenhem, secretary treasurer.
ARTICLE VIII.
This act of Incorporation may be changed
modified or altered, or this corporation ma
be dissolved with the assent of the shar,
holders owning three-fOurths OF the stOc
represented at a general meeting convene
for that purpose, and after at least ten day
written notice Of this meeting has been give
through the mail addressed to each stool
holder at his last known place OF residenc
In case OF dissolution by the expiration
this charter or otherwise, the stakeholder
shall elect three liquidators, to serve witt
out compensation, and TO whom one yea
shall be granted for the liquidation OF ii
affairs Of the corporation. In case of II
death or disability of any one OF said con
missioners the survivors OF the remainin
commissioners shall appoint a successor
him.
ARTICLE TX.
No stakeholder OF this corporation sha
ever be held liable for the contracts, indeb
edness or faults thereof in any further su
than the unpaid balance due the corpOr