The herald. [volume] (New Orleans, La.) 1905-1953, 1914-06-18
CHARTER OF THE
EDWARD l.. DAVIS LUMBER COMPANY,


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BE II known, That on this twenty-fTst da
Of Nav IN the YEA! Of Our Lord, one thou
sand nine hundred and fourteen, and Of III
IndcrerdeuCe OF the United States Of Amer
lea the one hundred and thirty eighth, befOT
me " MORGAN GJRLEH a notary public
IN and for the Parish OF Orleans, State 0
louisiana duly commissioned and GualIfc,
and IN the presence Of the witnesses herein
after named aud undersigned, personally cam
and Appeared the several persons who here
unto Subscribe their names all residents o
The United States Of America. who sevcralll
derIar, that sysIIIrg themselves OF the pro
visions Of The laws. and the Constitution o.
the State of Louisiana, relative TO the or
ganIzatloU Of corporations, they have con
tracicd and agreed, and do by these presents
contract agree. bind and OLlgatc theUsttve
.s we'll as ,rseh r,e-s0rs as may lie assgcIa. &c
with them ~ may hereafter become
associated with them 10 form and constitute
4 CORPORATION or body pulItIC in law for the
@bicctns and p,.rr1ses herein expressed, and
under the agreements and StIulatIOus toll
lowing t0,yt..
ArtIcIe l. The name Of this CORPORATION
shall he The EDWARD /. DAVIS LUMBER
COMPANY or LOUISIANA with its dom
,cIl, m the city Of New Orleans, State Of
louisiana and under us corporate name, II
shall have succession and existence tor ttty
tsu wears from date hereof. II shall have
the p1wcI and authority 20 sue and be sued
10 buv, hold, receive, improve, convey, sell,
operate, mortgage, hyp0thcCa,c, rent and lease
property, real, personal and mixed, 10 name
agents, as ats interests may require, 70 have
power and authority 10 borrow and lend
money, issue bonds, secured or unsecured,
m such manner as Its board Of directors may
determine, and generally It shall have power
and authority 10 do all such acts and things,
provided by Law, that may be necessary and
proper 20 carry out the objects and purposes
for which tins corporation IS formed and IS
hereby vested with all the immunIues, nights
and privileges conferred upon corporations
under the laws OF Louisiana. 10 have the
power 20 make, alter, amend and abolish
such bylaws, rules and regulations tor the
proper conduct OF It's business. II SHAH nave
power to act as agent or representative OF
any person, persons or corporation, as the
board Of directors may determine. :.
All citations and other legal processes d.
rected to this company shall be served upon
the president or, IN the event OF has absence
or inability TO act, then upon the wee
president thereof
Article II. The OBJECTS and purposes iof
which this corporation Is organized and the
nature OF the business TO be carried on by
II are hereby declared to be-: 10 conduct
general timber and lumber business IN all
its details, branches and ramlhcatlons; to
purchase lease or otherwise acquire real or
personal property OF every class and descrip-
ton; to raise, produce, buy, sell, exchange
and deal in trees, plants, shrubs and all
kinds Of agricultural products, and any and
all kinds OF lumber and lumber productsi 10
export and import lumber. and timber and
the products Of lumber and timber OF every
missaries or stores IN connection with said
business TO grow and produce trees and tim
Der suitable for manufacture into lumber; to
manufacture lumber, shingles, laths, slaves,
wise acquire, maintain and operate saw
mills and lumber yards, and in connection
TO develop lands, 10 buy, sell, own,
lease, maintain. operate railroads; telegraph
and telephone lines, ships, steamship eomPa-
MES boats, ferries, ferry boats, wharves, land
ings, piers and all the equipment thereof,
and to do all things necessary or convenient
for the purposes OF its business, whether in
wholesale, retail or as agents, as general
lumber dealers and manufacturers.
Article III. The capital stock of this cor. |
poration is fixed at one hundred thousand
100000 dollars, divided into one thousand |
d 900 shares of one hundred $4,000 dollars |
EACH par value, TO be paid for in cash or its
equivalent at the time Of subscription, or |
nay be issued full paid or worcestershire for !
property actually purchased or services actu- |
Ally rendered, or to be rendered, to this cor
loration for fair and market value; or may
,e issued on the subscribers note or notes, or
nay be issued on account OF contracts, in such
way and in such time as the board of direc-
ors NAV determine.
This corporation shall be a going concern
s soon as thirty thousand dollars ($50,0O0O0)
{ its capital stock is subscribed for, which
mount the signers hereto declare is sub
cribed.
Article " All the corporate powers of this
operation shall be vested in and exercised
v a board of directors, of five 81 directors,
Tho shall be stockholders. All vacancies
on said board of directors shall be
lied by the remaining directors for the I'M
xpired term.
The board of directors shall have power
nd authority to exercise all the powers grant
d TO this corporation in Article /.
The officers of this corporation shall be q
resident, a vice president, a secretary, a I
-easurer al I general manager. All of I
aid officers shall be members of the board. 4
The first board of directors of this corpora .
on is declared TO be- Edward L. Davis, :
ames f. Davis, Claude NJ. Sears, Meredith ;
/. Brentinger, William ii. Hoskins, with the q
aid Edward L. Davis as president, the said q
lmes +. Davis as vice president, the said ?
Ieredith X. Brentlinger as secretary, said .
laude NJ Sears as treasurer, and said Will {
I'm II. Hoskins as general manager. t
Said board of directors and officers shall c
old their respective offices until the TWEEN c
eth day in January, 1915, at which time, and '
nnually thereafter, an election for directors |
lall be held at the Office of the corporation 2
, conformity with the provisions of this a
And the said directors when so a
ected shall proceed at once to elect from v
nong their number the officers herein pro- b
ided for. c
A failure to hold such election shall not Il
nnul this charter, but the then existing a
oard of directors and officers shall hold their a
-spectiye offices until new election can be "
cid, which shall be called and held as soon
, possible thereafter. P
Ten UO) DAYS prior notice shall be given j
trough the mail to each stockholder at his Il
Ist known address of all meetings of stock a
olders, unless by unanimous consent all Il
ock issued votes at the meeting and valves d
clay and notice referred to. N
AT all meetings of stockholders, each share a
stock issued shall be entitled to one vote a
ist by owner , IN person or by proxy. ei