The herald., 1913-12-25

7
or exchange. locate. sell, mortgage, ana gen
orally to deal in mines, mining property ana
/ other real estate 10 prospect Tor ana 10
I mine gold, silver copper or other metals 10y
Innv OF the known processes: To extract such
minerals or the. ores containing same; Ia
IpNtract the said metals or other minerals
| from ores 10y the process of milling or other
wise 10 establish and Upcrht" mills or DINER
IplantS and machinery of all kinds used IN
mining and milling operations; 10 establish
land conduct stores and COmmiSSarieS for the
retailing Of merchandise Of all kinds TO eS'
tabiSh and to operate tramroadS and rail
roads i'm connection with its mining and mill
ling operations. together with such lpcomu.
/ tivoS and rolling stock aS may be necessary
/ to buy and sell either with or without mill,
/ Ing. ores Of all kinds and generally 10 carry
on any other business or undertaking mel,
dental to or connected with the objects ana
purposes above set forth.
| ARTICLE IN.-Tho capital stock Of this
corporation shall Ice the sum Of fifty thou
sand dollars $50 OOuoul. divided into ana
represented by five hundred t5uol shares Of
the par value of one hundred dollars
$500 OOD each, which stock may p" paid for
in cash. or In property. labor or services
mad" over or rendered Ia the corporation.
All shares Of stock shall p" fully paid and
non aSScSSahle, and transfers Of stock shall
not Dee binding upon the corporation unless
recorded upon its books. The stock sub
Srription list appended To this charter show
ing that the entire amount Of the capital
stock has been subscribed, said corporation
may begin business at once.
ARTICLE N.-Thr ordinary business and
IaflairS Of said corporation shall De- conducted
hy a board Of not less than three nor more
than nine directors. who shall be Stockhull-
IrrS. The number 81 the members of The said
hoard shall ." fixed annually by the stock
holders at their annual meeting: and tn"
number first fixed shall 50 remain Tor at
least one year. The first board Of directors
under this charter shall be elected 10y the
Stockholders rs soon as reasonably convent
rnt after publication Of This charter. The
board - elected shall hold Office until the
tirN, Monday i'm March 1918; ana annually
thereafter an election of directors shall Doe
ten tlul days notice in writing having been
mailed "a each stakeholder. Voting for III
rcgforS shall hc by ballot, and each stock
holder shall hc entitled TO cast one vote for
each share Of stock owned 10y him. \ fail
urr to hold said annual meeting or election
Of directors or officers shall not diS~uy" the
corporation. but the directors ana officers
then in ufic" shall remain and continue their
duties as such until another board and set
Of officers shall be elected ana shall have
qualified.
ARTICLE VI-Thn board of directors Of
this corporation shall have power 10 enter
into all ordinary contracts for AMI on he
half Of this corporation and to bind II To
such the said board shall not have power or
authority 10 sell any part Of the real estate
which shall be acquired by this corporation
nor 10 mortgage or in any manner enCumbcr
same, unless the board shall be so author
lied by vote Of the holders of at least
ing capital stock of the corporation
\ majority Of the members Of said board
shall constitute quorum for the transaction
OF all business.
The board Of directors shall have power
TO appoint and dismiss the agents. clerks and
employees OF the corporation. or NAV dele
gate such authority to manager. They
shall have power TO adopt. change and mod
ify all proper bylaws required for the man
aEement Of the business and affairs OF the
corporation.
poratiOn shall consist of a president. a vice
president. a secretary and a treasurer. to be
chosen annually by the stockholders, the first
two from among the directors and the last
two either from among the directors or
among the stockholders. The first officers
of this corporation shall be selected at the
same meeting at which the board Of direc-
tors is to be chosen. as above provided Va
cancies in the board or among The officers
shall be filled for the uncXpired time by the
board Of directors.
ARTICLE VIII-Exccpt as 10 the increase
or decrease Of the capital stock, this act of
Incorporation may De- amended or the c0rpO-
ration may De dissolved at a general meeting
of the stockholders called for that specific
purpose. after. ten 10l days notice Of the
time. place and purpose Of holding such meet
ing given by mail: said meeting To be con-
vened by the secretary upon order from
majority Of the board of directors, or upon
the written request of those holding not less
than one-third t1-3b Of the capital stock
ARTICLE IN.-Upon the termination OF
this charter by limitation or upon its dis
solution As above provided for. its affairs
shall be liquidated by three (3D commission
ers selected from among the stockholders at
a general meeting called for that purpose. a
above provided Should any commissioner
die during the term Of his duties as Such
the remaining commissioners shall elect
successor from among the stockholders.
ARTICLE Mo stakeholder shall be
liable or in any manner responsible for the
contracts or faults OF this corporation he
Eond any unpaid balance thar NAV be due on
the shares of stock owned by him nor shall
any mere informality in this act have the
erect or rendering this charter null or of
exposing the stockholders to liability beyond
their stock.
The subscribers hereto have set opposite
their respective names the number of shares
subscribed TO by them respectively. and this
act shall serve as the original SubScriDtiOn
list OF said corporation.
Thus done and passed, in my ofire. at the
cry OF New Orleans, on the day and date
hrSt herein above written, in the presence of
q. W. SchweitZer and c. 4. Miranne Jr
competent witnesses. who hereunto sign their
names with said appearers and me, notary.
after due reading of the whole
(Origina SignedD Walter B. Randall 4oS
shares; f: Il. Beauvais, share Marie Beau
Vals, share. Geo. W. Schweitzer, G. A.
Miranne, Jr.
ALEXIS BRIAN, Notary Public.
hereby certify that the foregoing charter
OF the Lorraine Mining and Milling Company
was this day duly recorded in nv office in
VI. II. 1119, folio -.
New Orleans December Bird. 1913
(Signed) EMILE LEONARD.
Dep. Recorder.
| hereby certify that the above and fore
going Is true and correct copy of the char
ter of the Lorraine Mining and Milling Com
pany and Of the certificate of the deputy re-
corder thereto attached
New Orleans, Louisiana, December Bird,
1918. ALEXIS BRIAN,
tSeall Notary Public.
dec IL Is - jan s IL 1914