The herald., 1913-02-13
CHARTER.

OF BOGALUSA TURPENTINE COMPANY.
UNITED STATES OF AMERICA, STATE
OF LOUISIANA. PARISH OF ORLEANS
Be /. 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, notary public
duly appointed and qualified, in and for the
parish of Orleans, state OF Louisiana, and
in the presence of the undersigned wit
ncsSes. 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.
availng 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 corp0r-
alton and body corporate, for the objects
and purposes, and under the stipulatiOns
following, to-wit:
The name and title of this corporation
shall be Bogalusa Turpentine Company, and
its domicile 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 ii.
The objects and purposes for which thi,
corporation is established and the nature OF
the business to be carried on by IL are, &C
produce, manufacture, buy and sell turpen
tine. rosin, naval stores. and wood deriva
tiyes and produce OF all kinds, to operat,
saw mills and to sell the produce and resi-
due or waste thereof or to further use anC
manufacture the same, and to pull stump'
and clear land, whether in connection witt
such business or apart from it, to buy, sell
and lease real estate, to operate tram roads
and barge lines or other vessels. in connec
tion with the carrying on of its business
TO conduct n general merchandise business
ir connection with said business, and gener
ally to engage In any business Incident t
or conveniently necessary to or connected
with the operation Of the business abov'
mentioned.
ARTICLE III.
The president, or in his absence or Ina
bility to act, the vice-preSident- 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 !
hereby fixed at the sum Of ten thousand dol
lars $50. 900. .OOl, divided into one hundre
| 100) shares Of the par value Of one hun
dred dS1lrs ($100.O0) each. Said share
OF stock shall he 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 sci
vices rendered. This corporation shall b
| authorized to begin business as soon as on
| thousand dollars Isl .000.00) or more, o
the capital stock shall have been subscribe
| for Any stOckhOlder may sell, assign o
| transfer his stock in this corporation, pre-
vidad thirty 500 days prior written motto
Of such intention to sell, assign or transfe
the same be given the company, and tn
! stockholders thereof shall have the frs
/ privilege of purchasing the same; afte
which notice the said stock may be sold /
| open market A prior lien on all shares O
stock shall be retained by the company o
| the stock Of any shareholder for any lr
| debtedness secured or unsecured, howeve
evidenced or created, due at any time {