The herald., 1914-01-08
THE HERALD

the nature Of the business TO be carried on
Iby it. are declared to be 10 purchase, lease
Tor exchange. locate, sell, mortgage. ana gen,
lcrally to deal in mines, mining property ana
lother real estate; 10 prospect i.r ana 70
mine gold, silver. copper or 9TH" metals by
lany Of the known processes: 10 extract Such
minerals or the ores containing same 70
lpXtract the said metals or other minerals
! from ores by the 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 eStahlSh
and conduct stores and commlsSarleS Tor the
retailing Of merchandise Of all kinds 10 eS-
ItabliSh and 10 operate tramTOadS and rail-
roads in connection with lis mining and mill
! Ing operations. together with such lOcomU-
/ lives and rolling stock aS may De necessary
1 10 buy and sell either with or without mill
| ing. ores Of all kinds and generally 10 carry
on any other business or undertaking incl
dental to or connected with the objects and
purposes above ser forth.
! ARTICLE IV-The capital stock Of this
corporation shall Ice the sum ~ fifty thou
sand dollars $50. 900 Uul. divided into aud
| represented by tive hundred 5000 shares %
/ the par value of one hundred dollars
/ iNlo0UpD each, which stock may be paid for
/ in cash, or in property, labor or services
made over or rendered % tn" corporation.
/ All shares If stock shall be- fully paid and
/ non aSseSSabl". and transfers. II stock shall
mot "e binding upon the corporation unless
recorded upon its books. The stock sub
! Srrip'l"n list appended 10 this charter show
! iu- that the entire amount Of the capital
stock has been subscribed. said corporation
/ may begin business az once.
! ARTICLE Y.-Th" ordinary business and
affairs Of said corporation shall De conducted
! by 4 board Of not less than three nor more
| than nine directors. who shall BE- Stockhold-
arS. The number Of the members ~ the said
board shall be fixed annually bv the stock
holders al their annual meeting: and the
number first liked shall 50 remain for at
least one year. The first board Of directors
under this charter shall De elected by the
stockholders As soon As reasonably convent
ent, after publication Of this charter. The
board 50 elected shall hold ON until the
first Monday in March, 1915; and annually
thereafter an election Of directors shall b.
held at the Office Of the corporation. after
ten tlol days notice in writing having been
mailed to each stockhOldrr. Voting for Iii
rectOrS shall be by ballot. and each stock
holder shall be entitled to east one vote for
each share OF stock owned by him. 4 fail
IRE 10 hold said annual meeting or election
lof directors or officers shall not dissolve the
corporation. but the directors and officers
then in Office shall remain and continue their
duties As such until another board and set
OF officers shall be elected and shall have
Qualified.
ARTICLE vI-The board Of directors OF
this corporation shall have power to enter
INTO all ordinary contracts for and on be-
half OF this corporation and 10 bind II 10
such the said board shall not have power or
authority 10 sell any part OF the real estate
which shall be acquired by this corporation,
nor TO mortgage or in any manner cucumber
same. unless the board shall be so author
lied by a vote Of the holders Of AT least
three-hfths 800 of the issued and Outstand-
ing capital stock Of the corporation
\ majority Of the members OF said board
OF all business.
The board Of directors shall have power
10 appoint and dismiss the agents, clerks and
employees OF the corporation, or may dele
gate such authority 10 a manager They
shall have power 10 adopt, change and mod
lily al! proper bylaws required for the man
agement OF the business and affairs OF the
corporation.
ARTICLE vIT-The officers Of this cor
poration shall consist Of president, a vice |
president, a secretary and a treasurer to be |
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 be selected at the |
same meeting at which the board OF drec- |
tors Is TO be chosen, as above provided Va |
cancies in the board or among the officers |
shall be filled for the unexpired time by the |
board OF directors
ARTICLE yIII.-Except as to the increase
or decrease or the capital stock, this act of |
incorporation may be amended or the cOrpo-
ration may be dissolved at a general meeting |
OF the stockholders called for that specific |
time, place and purpose OF holding such meet
ing given by mail; said meeting to be con-
vened by the secretary upon order from a
maiOrity OF the board of directors or upon
the written request OF those holding not less
than One-thlrd G-3D OF the capital stock
ARTICLE lX.-Upon the termina ton Of
s.
solution as above provided for, its affairs
shall be liquidated by three (3) commission
ers selected from among the stockholders at
general meeting called for that purpose, as
above provided. Should any commissioner
die during the term OF his duties as such,
the remaining commissioners shall elect a |
successor from among the stockholders.
. ARTICLE X.-No stakeholder shall be
liable or in any manner responsible for the
contracts or faults OF this corporation be-
yond any unpaid balance that may be due on
a ~ ct - IL |
any mere informaity in this act have the
efect OF rendering this charter null or OF |
exposing the stockholders TO liability beyond
me amount OF the unpaid balance due on
The subscribers hereto have set opposite
thelr respective names the number OF shares
supsctloed 10 by them respectively, and this
act shall serve as the original subscription
list Of said corporation.
Thus done and passed, in my once at the
ssn 1y. or New Orleans, on the day and date
i. w. SchweitZer and G. A. Miranne Jr
witnesses, who hereunto sign their
names names with said appearers and me, notary,
after due reading Of the whole
tOriginal signed) Walter B. Randall. 4eS Il
shares; f. r. Beauvais, share Marie Beau l.
ssais, ! share. Geo. W. Schweitzer, c. A.
Jr. L
ALEXIS BRIAN, Not1rv public
hereby certify that the foregoing charter {
IF the Lorraine Mining and Milling Company
y Vas this day duly recorded in my office in {
New Orleans. December Bird. 1913. s
(Signed) EMILE LEONARD S
Dep. Recorder.
! hereby certify that the above and fore /,
going Is true and correct copy OF the char
er of the Lorraine Mining and Milling Com
lany and Of the certificate Of the deputy re-
order thereto attached.
New Orleans, Louisiana, December 3rd,
1918. ALEXIS BRIAN, IL
(Seall Notary Public. II
lee IL Is % jan s Is 1914
CHARTER Id
Of GARDEN DISTRICT pOTTFpV con- lie