The herald. [volume] (New Orleans, La.) 1905-1953, 1913-03-13
CHARTER
CHARTER
OF MERRYVILLE NAVAL STORES con
PANY.
United STATES OE AMERICA STATl

VI hEhh1 ' lille NtNaL SIoIeES toh-
UNITED STATES OF AMERICA. STATE
OF LOUISIANA. PARISH OF ORLEANS,
CITY OF NEW ORLEANS.
Be Ii known, that on this 25th day of
the month of February, in the year of our
Lord one thousand nine hundred and thir
teen, and the independence of the United
States of America, the one hundred and
thirty eighth, before me, W. Morgan Gurley,
notary public, duly commissioned and quail
flied in and for the parish of Orleans, state
of Louisiana, therein residing. and in the
presence of the witnesses hereinafter named
and undersigned, personally came and ap-
peared the several persons whose names are
hereuntO subscribed, all being of full age
of majority, and who severally declare, that
availing themselves Of the provisions of the
laws and constitution of this state, relative
| to the organization of corporations, they
have contracted and agreed, and do by these
| presents contract and agree and bind, and
obligate themselves, as well as such per
| sons as may hereinafter become associated
with them, to form and constitute a body
polite in law, for the objects and purposes
and under the agreements and stipulations
herein following, which they adopt as their
| charter, tO-wit:
| ARTICLE l.
The name Of this corporation shall bt
| Merryville Naval Stores Company, and shall
have corporate existence for the period OF
ninety-nine (99) years from the date hereof
and shall have and exercise for the purpOs,
OF the business to be carried on by 1t, al
the powers conferred by law on similar cor
pOrations, including the power to make ant
use corporate seal and the same to breal
or alter at pleasure, to contract sue and b,
sued In Its corporate name to hold, own
receive, purchase. ALLEVIATE. lease, convey
mortgage, hypOthecate, pledge or otherwis
cucumber property, both real and personal
!, TO issue bonds, notes and other obligations
; for the purpose of borrowing money, and (,
; secure same by mortgage or otherwise I.
name and appoint such officers managers
directors apnr.ln . 4,
! interests of said corporation may require
3 and to establish such bylaws, rules and reg
ulations as may be necessary and proper
I and the same to alter, amend or abolish a
' pleasure and to generally do and perform
! all such acts as may be proper and neces
/ sary to carry out and execute the purpose
Of this corporation.
Il ARTICLE H.
Il The dOmicie Of this corporation shall h
: In the city Of New Orleans, state of Louis
ana, but 1t may establish and operate fat
: tories, Offices and agencies wherever IL ma
' deem advisable. All citations or other legs
processes shall be served on the president G
this corporation, or in the event of hi
e absence or Inability to act, upon the vic,
v president.
oil ARTICLE III.
: The objects and purposes for which TIL
! corporation Is organized and the nature
l. the business to be carried on by It al
Q hereby declared to be the general turpel
$ tine and lumber business In all it's variou
s purchase and sell turpentine, pitch. ia
d rosin, naval stores and allied products
r acquire, own, construct and operate turpel
l. une stills sawmills, planning mills, drie
$ ana all machinery and appliances necessaI
" In connection with the operation of sal
II business and TO manufacture any products ,
Is wood such as sash, doors, blinds. trimming
BOXES, furniture and articles of wood ar
us various by-products. And furthermor
n 10 own and operate In connection with sa
,e business, tram-rOads. logging roads. sailir
& vessels. steam vessels and other water era
ID necessary for the transportation of its m
al terial ana products and also do a mercanti
10 business.
TO ARTICLE ".
Nv The capital stock Of this corporation
er n ere o nSed at one hundred thousand $50,
ry 100000 dollars, divided into and represent
III 6y one thousand 1.0OO) shares OF one hu
We dred ts1OoOO) dollars each, which sa
v, stock shall be paid for In cash, or in sn
in amounts si and In such manner as the boa
Id or directors may determine, or NAV be
nv sued at par In payment of property actual
I'd purchased. or services actually rendered
u this corporation, which said stock shall
I'd full paid and worcestershire
This corporation shall be authorized
n commence business and be a going conce
OF as soon as thirty thousand $3.50 900 OOl a
r. lars or Its capital stock r. subscribed r.
I'd which amount is hereby declared to be 81
RS The shares of this stock shall be fra,
he Ierable only on the books of this corpo
of ton, and no transfer of stock shall be bi1
he ing or have any effect upon this corporate,
ar unless, and until made upon Its books a
T. a prior lien on all shares Of stock shall
OF retained by this company on the stock
or any shareholder for any indebtedness,
cured or unsecured, however evidenced
of created, due at any time to the comma
IF by the holder of said stock. and ali fra,
no fers of stock shall be made subject to IN
r. conditions.
ri ARTICLE V.
nv All the corporate powers OF this corp
vs. alton shall be vested in, and exercised