The herald., 1913-01-23
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. a 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,
availing 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 stipulatlons
following, to-wit:
ARTICLE l.
The name and title OF this corporation
shall be BOgalusa Turpentine Company, and
its dOmlcile shall be in the city of New
Orleans, parish OF Orleans, Louisiana. II
shall exist for the term of ninety nine years
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 it are, tC
| produce, manufacture, buy and sell turpen
| tine, rosin, naval stores, and wood deriva
| 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 1t, to buy, sell
| and lease real estate, to operate tram road.
| and barge lines or other vessels, in cOnnec
| tiOn with the carrying on of its business
| TO conduct a general merchandise bushes.
| IT connection with said business, and gener
l,Il H.
or conveniently necessary to or connected
with the operation Of the business above
| mentioned.
ARTICLE III.
| The president, or in his absence or ina
bility to act, the vice-presldent, 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 $4,000 00), divided into one hundred
| (100) shares of the par value of one hun
| dred dollars (Sl00.00) each. Said share
Of stock shall be paid for by the subscriber
/ 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
i thousand dollars Isl 100000 or more. o
the capital stock shall have been subscribe.
for. Any stakeholder may sell, assign o
transfer his stock in this corporation, pro
| vided thirty 800 days prior written motto
| Of such intention to sell, assign or transfe
/ the same be given the company, and thu
stockholders thereof shall have the frs
| privilege of purchasing the same; afte
which notice the said stock may be sold Il
i open market. A prior lien on all shares o
/ stock shall be retained by the company OF
| the stock Of any shareholder for any In
| debtedness secured or unsecured, howeve
evidenced or created. due at any time t