The herald., 1913-12-11
CHARTER
OF THE LORRAINE MINING AND MILL
ING COMPANY.

ING COMPANY.
UNITED STATES OF AMERICA. STATE
LEANS, CITY or NEW ORLEANS,
| BE IL known, that ON this 3rd day of the
month of December. A j. 1913. before me,
Alexis Brian, a notary public, duly commits
aforesaid parish and state. personally came
and appeared the several persons whose
names are her"nnlo subscribed VINO declared:
that ayailing themselves Of IN" privileges OF
the laws of the state of Louisiana, they
hereby form themselves and such other per
sons as may hereafter join with them, or
their successors. into corporation for th"
objects ana purposes following tp-Wit:
/ ARTICLE L. The ulmr Of This corpora
tion shall be the LORRAINE MINING AND
MILLING COMPANY and unless sooner
dissolved by vote of the stockholders. il shall
I exist for period Of ninety nine t39l years.
! il shall have power 10 contract, to sue ana I"
1 be- sued: To make and U~" a corporate seal
to acquir" and hold property. real or person
al. by purchase. lease or otherwise; To dis
IpoSr of property. real or personal, by sale,
| lease or otherwise: 10 mortgage. pledge or
Ihypothrcate property Of any kind. and shall
Ihavc all the usual powers Of corporations
granted by the laws of This state.
I ARTICLE 1.-THE domicilr Of said cor
poration shall De- in New Orleans. state of
! Louisiana. where service Of process shall De
made on its president. and in his absence. on
the cp-preSident. and in the absence of both
of said officers. upon the secretary.
| ARTICLE III The objects and purposes
for which this corporation is organized and
, me nature bI the business To l' carried on
by ii. are declared To be To purchase lease
or exchange, locate. sell, mortgage. and gen
orally to deal in mines mining property and
other real estate TO prospect for and To
mine gold, silver. copper or other metals 10y
amy of the known processes 10 extract such
minerals or the ores containing same: To
extract the said metals or other minerals
from ores by tn" process of milling or other
wise; 10 establish and operate mills or other
plants and machinery of all kinds used in
mining and milling operations: 10 establish
mn a a rf...
retailing Of merchandise Of all kinds To s~-
tahii>h and to operate tramTuad> and rail
roads in connection with lis mining and mill
inG operations. together with such lpcumu-
tiyvS and rolling stock as may br necessary
To- buy and sell either with or without mill
n=. ores If al kinds and generally 10 carry
on any other business or undertaking Incl
dental to or connected with The objects ana
purposes above set forth.
ARTICLE ". The capital stock of this
corporation shall hr TN" sum of nifty thou
sand dollars $50 900 OOt. divided into and
represented 10y tive hundred ,5OUi shares of
IN" par value of ON" hundred dollars
'Nluuot each. which stock may be- paid for
In cash. ur In property. labor or services
made over ur rendered 10 tho corpora ion
All shares Of stock shall hp fully paid and
non a>S"~~ahlr. and transfers Of stock shall
not ." binding upon The corporation unless
recorded upon lis books. Tn" stock sub
>rription list appended 10 this charter show
in- that IN" "ntir" amount Of the capital
stock has been subscribed. said corporation
I
ARTICLE V. The ordinary business and
affairs of said corporation shall hr conducted
10y a board Of not less than three nor more
than min" directors. who shall De- Stockhnld-
rr~ The number Of the members OF the said
board shall D" liked annually 10y the stock
holders AT their annual meeting: and the
number first fixed shall 80 remain for AT
least one year. Tn" first board of directors
under this charter shall br elected by the
stockholders ~ soon a. reasonably convent
lent. after publication Of this charter. The
board 81 elected shall hold Off" until the
nr>f Monday in March. 1910. and annually
( thereafter an election Of directors shall b,'
| held AT the office II the corporation, after
/ ten 100 days notice in writing having been
mailed to each stakeholder. Voting for di-
rectnr> shall br by Ia Hot. and each stock
holder shall be entitled to east one vote for
each share nf stock owned by him. \ fail
ure 10 hold said annual meeting or election
of directors or officers shall NOT dissolve. the
corporation. but the directors and officers
4 then in othc" shall remain and continue their
/ duties As such until another board and set
T of officers shall be elected and shall have
qualified.
/ ARTICLE NI.-The board of directors Of
I this corporation shall have power TO enter
into all ordinary contracts for and 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 10y this corporation.
nor To mortgage or in any manner cncumhrr
same. unless the board shall be 50 author
| lied by a vote Of the holders Of nj least
three hfthS 900 Of the issued and Outstand-
| ing capital stock of the corporation
| majority Of the members Of said board
! shall constitute a 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 may dele
| gate such authority to manager They
shall have power to adopt. change and mod
| ify all proper bylaws required for the man
agement OF the business and affairs of the
corporation.
| ARTICLE VII.-The officers OF this cor
poration shall consist of president a vice
| president. secretary and treasurer, to h.
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 he selected al the
same meeting at which the board OF drec
tors Is 10 b" chosen, ~ above provided. Va
cancies in the board or among the officers
shall he filled for the uneNpired time by the
board of directors