The herald., 1913-04-03

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| be served on the president, in his absence
| the vice president, and in the absence of
| both on the secretary and treasurer of said
| corporation.
ARTICLE III.
| The purposes for which this corporation
is established and the nature of the business
| TO be carried on by IL are declared To be Ia
| construct, work and maintain railroads, ca
mails, roads, bridges, ferries, telegraph and
| telephone lines and other works of improve
| meut; TO construct, own, lease hire. pur-
| chase and operate SChOOnerS, steamboats,.
| steamships, tow boats. bargeS and other
water crafts for the transportation of
! freight and passengers; to purchase, lease
| and sell lands TO engage in agriculture Ia
| acquire, construct, own, lease and operate
| planning mills, saw mills, sash, door and
| blind factories and turpentine still and re-
| tOrts, etc; To construct and 10 contract 10
| construct buildings of every kind and de
| SCriptiOn: TO manufacture bricks, tiles and
| other earthenware; 10 buy, sell and deal for
| its own account or on commission i'll logs,
| lumber and other building materials and in
| all sorts Of merchandise, and generally to
| do and perform any and every act and
| thing pertaining 10 the business above emu
| merated, connected Herewith or arising
| therefrOm, in this state and elsewhere.
ARTICLE ".
| The capital stock of this corporation is
| Il
| sand (S2J. 100000 dollars divided into and
| represented by two hundred and fifty t2Jol
shares of the par value OF one hundred
iSl0O.OOb dollars each, which shall be paid
| for in cash when subscribed for or in such
manner as the board of directors shall des-
| ignate or shall be issued for labor perform
| ed. services rendered or for the purchase of
property as said board may elect. All shares
| of stock shall be full paid and non aSSeSSa-
| Bile. Which capital stock may De increased
| to a sum not exceeding one hundred thou
sand iSlO0, 10000 dollars, in which event
during the period between the call for the
meeting for such increase and the meeting.
| the persons holding stock at the time shall
have the right to take shares of the addi-
tional or increased stock prOpOrtiOnate TO
| the number of shares owned by them, and
any shares not taken at the expiration of
said period may be disposed OF by the board
of directors for the benefit Of the corpora
tiOn at not elss than their par value. No
transfer of stock shall be binding upon the
corporation unless recorded upon its books.
ARTICLE V.
All the corporate powers of this cOrpor-
alton and the management and control Of
its affairs shall be vested in and exercised by
a board Of directors composed of three 81
stockholders, a majority of whom shall con-
Stitute a quorum for the transaction of all
business. The directors shall be elected an
| nually by ballot by the stockholders, ON the
second Tuesday in January of each year.
by proxy 10 a vote for every share owned
by him, and all elections shall be held under
such rules and regulations as may be deter
mined by the board of directors. The direc-
tors thus elected shall continue in office for
one year. or until their successors have been
duly elected and qualified. No failure TO
elect shall be regarded as a forfeiture of
this charter. ANY vacancy occurring on
said board shall be filed by the remaining
directors for the uneXpired term. The board
of directors shall at its first meeting after
its election nominate out of its number a
president, a vicc-preSident and secretary
and treasurer: said board shall have the
right TO divide the office Of the secretary and
treasurer and may elect secretary who
need not be a stockholder, but whose tenure
OF Office shall be during the pleasure of the
board. And said board shall have the right
to appoint and dismiss the clerks, managers
secretary and other employees Of the cOrpOr
same may require Any of the directors
shall have the right to appoint by written
instrument another director his proxy
10 act in his stead at any and all meetings
of the board Of directors.
ARTICLE VI.
Until the election to be held on the second
Tuesday in January, 1914, the following
named persons shall constitute the first
board of directors, viz Walter W. Care,
II. Beach Care and Tudor b. Care, with
said Walter w. Care as president said II.
b. Care as secretary and treasurer.
ARTICLE VII.
No stakeholder shall ever be held liable
or responsible for the contracts, faults and
debts of said corporation, nor shall any
mere infOrmality in its organization have
the effect of rendering this charter null nor
of exposing a stakeholder to any liability
beyond the unpaid balance due on the shares
owned by him.
ARTICLE VIII.
This act of Incorporation may be changed
modified or altered or this corporation may
holders owning a majority of the stock of
the corporation, at a general meeting con-
vened for that purpose and after at least
ten days written notice of this meeting has
been given through mail addressed TO eacn
shareholder at his last known place of res
idence.
In case of dissolution by the expiration of
this charter or otherwise, the stockholders
shall elect three liquidatOrs from among
their number, to liquidate and settle the bus
mess and affairs of the company. In case
of death or disability of any one of said
commissioners or liquidatOrS the survivors
or the remaining lqiudators shall appoint
a successor TO him.
Thus done and passed in my Office on the
day, month and year first above written, in
the presence of John A. Todd and Henry
Keller. competent witnesses, who have signed
with the appearers and me, the notary, after
reading the whole.
Signed -. W. Larre, 30 shares ID. Beach
Care, 30 shares (; Tudor Il. Care, 80 shares,
per W. W. Care.
Witnesses John A. Todd, Henry Keller.
TIIOS. VI. BURNS Notary Public.
/, the undersigned recorder of mortgages
in and for the parish OF Orleans, state of
Louisiana, do hereby certify that the above
and foregoing act of Incorporation of the
"Lacombe Lumber Company was this day
duly recorded in my Office in book loss,
folio =.
EMILE LEONARD, by. Il.
COvingtOn, La, this Goth day of March.
A. D., 1913.
A true copy.
apr 10 II "A may / s, 1913