The Donaldsonville chief. [volume] (Donaldsonville, La.) 1871-current, 1913-05-17
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BAYOU NARCISSE LUMBER
COMPANY
of the

of the
BAYOU NARcIssE LUMBER
COMPANY
| State Of Louisiana-Parsh of Ascension.
| II E IT KNOWN, that on this, the 9th
-aS day Of the month of May, in the year
Of our Lord, one thousand. nine hundred
OF the United States of America the
one hundred and thirty seventh, before
! me, VINCENT A. GAUTREAU, a no
tary public, duly commissioned and
state aforesaid, therein residing, and in
the presence of the witnesses herein
@lfter named and undersigned, personally
came and appeared the several persons
whose names are hereunto subscribed.
who declared that, availing themselves
OF the laws Of this state relative to the
formation and organization of corpora
Iions, they have convenanted and agreed
and do by these presents covenant,
agree and bind themselves, as we'll as
those who may hereafter become asso
slated with them, to form themselves in
to a corporation for the objects and
purposes, with the name. and under the
Stipulations following, to-Wit:
ARTICLE L
The name and style of this corpora
tion shall be BAYOU NARCISSE LUM-
BIER COMPANY" and by said corporate
name it shall have succession and en-
joy, existence fog period of fifty years,
unless sooner dissolved in the manner
provided by law and the articles of this
charter; and, under said corporate
name, it snail have power and authority
20 contract, sue and be sued, to make
and use g, corporate seal, the same to
alter or break at pleasure; to make all
necessary rules and regulations for it's
corporate management and control, and
shall have and enjoy all the rights. pri-
V1ieges and immunties which are now
/ q
granted to corporations OF the same
kind and character.
ARTICLE II
The donicile of this corporation shall
be at Gonzales, at the office of Picard
" Gelsmar, Ltd, in said place, parish
OF Ascension, state OF Louisiana. and
all citations and other legal processes
in his absence or inability to act upon
any other officer of the corporation.
ARTICLE III.
this corporation is organized are de-
elared to be to conduct and carry on
the business of buying, selling, cutting
and manufacturing lumber OF every kind
and. description, including the building,
buying ana renting Of saWmilI plants IN
the parish Of Ascension and such
other places in the slate Of Louisiana
! as the stockholders may hereafter de q
or otherwise, real estate, and to hold inn
prove, lease, mortgage, sell, or otherwise
dispose of same; and III furtherance or
the above purposes, said corporal ton
may own, acquire and build and there
after lease or sell mill or business sites,
including warehouses; and may con-
duct and n 4, operate per switch tracks and
buildings, and generally do and per-
form all acts incidental Or germane to
the purposes above specified.
ARTICLE "
The capital stock of this corporation
is hereby fixed at five thousand ($50O0)
dollars, divided into five hundred shares
OF the par value of ten ($10) dollars
each, which said stock shall be issued
only for cash or in payment OF property
or services actually received by or rem
dered to said corporation. This corpora
ton shall commence business and be-
come a going concern ais soon as three
thousand ts3Go0) dollars of it's capital
stock shall have been subscribed The
residue of said stock to be issued and
payment made therefor subject to the
action and call of the board of direct
ors. Said stock shall be fully paid at |
the time Of it's issuance and, thereafter
on-assessable, and the capital stock
may be increased or decreased in the |
manner provided by the laws of this !
state.
All parties to this act declared that
they hereby subscribe for the number |
DosIte their respective signatures here |
to, so that this act OF incorporation /
5ilall serve as an original subscription.
ARTICLE V.
All the powers of this corporation /
shall be vested in and be exercised by a /
BOARD of directors of five members, to /
be elected each year by the stockhold-
Sth day Of May, 1915, the following
persons shall be and are the first board |
OF directors: Adam Seyario, who shall |
be vice president; Achilie /. Fl
card, who shall be secretary and treas |
urer; Lester E. Wright and H. NJ
Picard.
On the 9th day of May, 1915, and an
nually thereafter, except when such day
shall fail on legal holiday, then, up
on the next, following lay day, the
stockholders shall elect a board of d.
rectors tor the ensuing year, the board
already Installed to continue to hold
over unil their successors are elected
and qualified. The board of directors
SO elected shall select from their own
number the officers OF the corporation,
who shall be a president, a vice presi-
dent, and a secretary and treasurer The
election OF directors shall be by ballot
and the persons receiving the largest I
number of votes shall be declared elect
ed For electing directors or for any
other purpose, each share of stock
whether present ors by proxy, shall be
Shtttieu " bite vote, ana a majority of
the votes cast Shall be required to pass
any resouti@l or decide any question
submitted to the stockholders, except for
the alteration or amendment of this
charter, or the dissolution Of the cor
poration as hereinafter provided.
The said board of directors shall have
power and authority to make all ne
cessary rules and regulations for the
operation and control of
the business Of the corporation, as well
as to make all necessary rules and BY
laws, with power to fill any vacancy oc-
curing in their number or any va
cancy occurring among the officers of
the corpora ton. majority of the d.
fectors voting at any one time in per :
son or by proxy. shall be required to
pass any resolution or adopt any bv-
law, which, when SO adopted, shall be-
come valid corpor@s esae1Fses
ARTICLE VI
Notice of all the meetings of stock t
holders for electing directors, or for s
any other purpose, except as may Be | f
hereinafter directed, shall be given ii /
writing by the secretary, to be deposit j
ed in the mail at least ten days before /
such meeting, directed to each stock r
holder at, his last known address an /
bearing upon the books of the corpora a