The herald. [volume] (New Orleans, La.) 1905-1953, 1913-08-14

STATE OF LOUISIANA. lIEl~A OF NDiltdh~s Z ll4
Of New Orleans.
BE it known that on thi, 9th day Of An.
gust, bcfOr" me, Scott l.. Beer. a notary
public, duly commissioned and qualified in
and for the parish of Orleans. stat" of Lou
iSana, and in the presence OF the witnesses
hereinafter named and undersigned, person
ally came and appeared the several persons
whose names are hprcuntO subscribed. who
seyeraliy declared that complying with the
provisions of IA" LAWS of Louisiana. they
have contracted and agreed and DO by these
presents contract. covenant, agree and bind
themselves, dS Wei aS All Such persons As
may hereafter become associated with them,
to form and constitute a corporation for
the objects and purposes. and under he ar
ticleS and StipulatIOnS following. tu-Wii.
Article THE name and style Of this
corporation shall be- j. G.. Raiuwater Lum-
Der Company. and under its said corporate
name il shall have power and authority
to have and enjoy succession for the full
term and period of ninety nine i99l years
from and after the date hereof, 10 contract,
sue and be sued. the corporate seal of same
to break or alter at pleasure; 10 receive.
lease, purchase hold and convey. aS well
aS mortgage aud hypothecatc property, real,
personal or mixed, corporal or iucOrpurcal
to issue bonds. notes or other evidences of
Indebtedness; to name and appoint such
managers, agents, directors and officers as
its business or Interests and convenience
may reurc; 10 make and establish as well
as alter and amend from time to time such
bylaws, rules and regulations for the proper
conduct management and regulation Of the
affairs Of said corporation rs may he nee
eSSary and proper
Article II-'rhr domlcilc Of this corpora
tion shall be at New orleans Louisiana. and
all citations or other legal process shall be
served upon the president of said corpora
tiOn. or In the event of his absence. upon
the viCc-prcSidcnt. or in the absence Of both
of these officers, upon the secretary.
Article lll.-rhe objects and purposes for
which this corporation is established, and
the nature OF the business To be carried on
10y it, are declared and specified To be-
To purchase, own, hold, sell, mortgage.
lease and ALLEVIATE. receive and acquire. real
estate. timber lands, timber standing on
lands, or any other interest in said lands or
timber, both in this state and elsewhere to
buy. sell, erect. own. lease or otherwise &C
qutre. aud 10 operate and maintain. in this
state or elsewhere. saw mills. Stave mills.
heading mills Shinglr mills, planning mills
dry kilnS, cOOperagr mills. sash, blind and
door factories and all plants wherein wood
logs and timber are manufactured. altered
or worked into telegraph and telephone poles.
niles, slaves. dimension stock, lumber. lath.
shingles cross ties cOODcraga material
or wood or forestry products to buy sell or
Otherwies acquire and ALLEVIATE and ship.
export or import, logs. timber telegraph or
stock, lumber. Hath. shingles cross ties
coOperage material or any other class of
woOdenware or building material or wood
or forestry products, or builders hardware
or roofing, or general building material: to
own. lease, buy. sell, build and otherwise
acquire ALLEVIATE or maintain warehouses
sheds. dwellings, storehouseS. factories. mill
or lumber yards: TO contract for the reno
val of timber from land. to bore wells of
all sorts; TO buy ana sell merchandise and
carry on general store or cOmmSSary. and
TO conduct hotels, boarding houses and lodg-
ing houses Tor its agents and employees
and generally 10 hold and exercise all such
Incidental powers and privileges as relate
to the objects hGrcinbefore set forth.
Article lN-Thc capital stock Of said cor
Doratton Is hereby fixed at twenty-five thou
sand dollars (S25,0OOOO) divided into. or
represented by. two hundred and fifty shares
OF one hundred dollars each (S100.OO)
Article V--All the powers OF this cor.
poratiOn shall be vested In and exercised by
board of directors TO be composed of three
stockholders to be elected annually on the
FIRST Tuesday of August OF each and every
year. All such elections shall be by ballot
conducted at the Office of the said cOrpOro-
ton under the superintendent of three com
misSloners 10 be appointed by the board of
directors; and of such electiOn-aS well as
OF all meetings Of stockholders except for
the purpose OF liquidation or dissolution or
as otherwise required by law-ten DAYS no.
tice shall be given by mailing to each stock
holder who appears as such on the books Of
the company, at his last designated address
or at the general delivery at New Orleans.
II he had not designated an address an an
meeting.
Each stakeholder shall be entitled TO one
vote for each share Of stock standing in !
his name on the books of the company. TO |
ne cast In person or by proxy. and the ma. |
)orrty OF the votes cast shall elect.
The board of directors shall have the now
the board. y"
The failure to elect directors on the date
aoove speGihed shall not dissolve the cor
poratton, but the directors then I'm Office
shall remain In Office until their SUCCESSORS
are elected. Due notice Of another election
shaiI be given as above provided and such
notices OF election shall continue TO he given
until the election is held
A majority of the directors shall consti-
tute quorum for the transaction of anv
business and the board of directors at tbeir
nrst meeting following each annual eIacfion
shall elect a president. vicc-presidert serre-
tary and such other officers as IL shall deem
It's discretion to unite two or more offices
the same 10 confer upon one person
Inc board OF directors may make and es
tablish; as well as alter and amend any and
all bylaws. rules and regulations necessary
and proper for the support and mana cement
On the business and affairs Of said corpora
ton. not Inconsistent with its charter.
said board shall also have full power and
to borrow money through tbe
president or some other duly authorized
agent or agents TO execute mortgages Issue
notes: bonds or other obligations and gener-
lily 10 DO things reasonable and necessary
or the proper carrying on of the business
" the corporation: as also 10 issue and de- {
lVer full paid shares of stock. or bonds or {
'bligatlons or said corporation in payment | I
y labor or money borrowed. or property or I
lghts actually received by said CORPORATION I
ANY member OF the board of directors I
Vho may be absent from the dOmicIIp of tho I
ompanv. or who may be prevented by sick /
ess from attending, may give written |
roxy TO any other member Of said board OF e
directors 10 represent him in all matters ar o
ny meeting of the board of directors whetb.
r general or special {
Article Vl.-Whenever this corpora tiou a
lay dissolve. either by limitation or nv any b
ther cause whatsoever, its affairs shall No b
quldated by three (3l stockholders 70 he
ppOlnted at general meeting OF the stock s
oiders Tor the purpose of liquidation. as a
erelnafter provided, each share being on ! q
tied TO one vote in person or by proxy Said b
shall remain In office until q
re auairs or said corporation shall have h
zen fully settled and liduidated and shall 4
ave full authority and power TO transfer
M give title 10 all the assets and propertv Al
the corporation. In case of death disa b,
lity or resignation of one or more OF said ST
the vacancy shall be filled m
election by the surviving commissioner pr
commissioners in
The stockholders are especially empowared Ia
a three-fourths vote of the entire STOCK | dr
st at meeting called for that burmese
sell the entire assets Of this corporation oh
ner Tor cash or for stock in some other WI
rporation. Iia
Before any stakeholder shall make a sale tn
his stock he shall offer same TO his CO. 70
ckholders, who shall have the preference WI
sr outside parties In the purchase OF said las
OK, provided the prices offered by them
equal TO those available elsewhere be
Article VlI-ThiS act of the cornoration trs
y be modified or altered, or said cornor' ful
on may be dissolved. with the assent Of thu
ee-fourths OF the capital stock represented mo-