The herald. [volume] (New Orleans, La.) 1905-1953, 1913-01-30
CHARTER.

OF BOGALUSA TURPENTINE COMPANY.
UNITED STATES OF AMERICA, STATE
OF LOUISIANA, PARISH OF ORLEANS.
Be it known, that on this third day Of
January in the year of our Lord, one thou
sand nine hundred and thirteen, before me.
William Morgan Harmon, notary public
duly appointed and qualified, in and for the
parish of Orleans, state OF Louisiana, and
in the presence OF the undersigned wit
nesSes, personally came and appeared the
several persons whose names are hereuntO
subscribed, residents Of the parish of Orleans
and of the city OF New Orleans state OF
Louisiana, who severally declared, that,
awaiting themselves Of the laws OF this state
in such cases made and provided, they have
formed and organized, and by these pres
ents, do organize themselves into a cOrpOr-
alton and body corporate, for the objects
and purposes, and under the stipulations
following, tO-wtt:
ARTICLE l.
The name and title OF this corporation
shall be BogaluSa Turpentine Company, and
its domicilc shall be in the city of New
| Orleans, parish OF Orleans, Louisiana. 1t
| from date hereof, and by name shall sue
and be sued and contract and enjoy any and
all rights, privileges and powers under the
laws OF the state Of Louisiana.
| ARTICLE III.
| The objects and purposes for which this
| corporation Is established and the nature OF
| the business to be carried on by ii are, ia
produce, manufacture, buy and sell turpen-
| tine, rOSln, naval stores. ana WOOD OerlNd
| tives and produce OF all kinds, to operate
| saw mills and TO sell the produce and resi-
/ due or waste thereof or to further use and
manufacture the same, and TO pull stumpS
| and clear land, whether in connection with
| such business or apart from II, to buy, sell
i and lease real estate, to operate tram roads
| and barge lines or other vessels, in connec
| ton with the carrying on of its business
| 10 conduct general merchandise business
ir connection with said business. and gener
ally to engage In any business incident &c
i or conveniently necessary to or connected
with the operation OF the business above
mentioned.
Il The president, or in his absence or ina
4 bility to act, the vice-presdent, or, in cas-,
OF his absence or inability, the secretary
shall be the proper persons upon whom al
citations or legal process shall be served.
; ARTICLE ".
The capital stock Of this corporation l
hereby fixed at the sum of ten thousand dol
lars (S10, 000.00), divided into one hundred
400 shares of the par value OF one hun
dred dollars (s10000) each. Said share
Of stock shall be paid for by the subscriber
Z thereto in cash or as shall be required b.
the board Of directors and the stock may b
issued in payment for property acquired b.
the corporation or in compensation for ser
vices rendered. This corporation shall b
authorized to begin business as soon as on
, thousand dollars (s1,00OOOl or more, o
the capital stock shall have been subscribe
for. Any stakeholder may sell, assign o
transfer his stock In this corporation, pre-
: vided thirty 800 days prior written motto
Of such intention to sell, assign or transfe
; the same be given the company, and tn
stockholders thereof shall have the frs
J privilege of purchasing the same; afte
: which notice the said stock may be sold 1
E open market. A prior lien on all shares o
: stock shall be retained by the company o
e the stock of any shareholder for any II
debtedness secured or unsecured, howeve
evidenced or created, due at any time {