The herald., 1914-05-28
CHARTER OF THE
EDWARD L. DAVIS LUMBER COMPANY,
IF LOUISIANA

Parish OF Orleans, City of New Orleans
BE it known, That on this twenty FIRST day
OF May, IN the year OF Our Lord one thou
sand, nine hundred and fourteen, and Of the
Independence of the United States OF Amer
lea, the one hundred and thru eighth, before
me, W. MORGAN GURLEY.N notary public,
in and for the Parish of Orleans, State OF
Louisiana, duly commissioned and qualified
and in the presence OF the witnesses herein
after named and undersigned, personally came
and appeared the several persons who here
unto subscribe their names, all residents of
the United States of America, who severally
declare that, availing themselves OF the pro-
visions of the laws, and the Constitution OF
the State of Louisiana, relative to the or
ganization of corporations, they have con-
tracted and agreed, and do by these presents,
contract, agree, bind and obligate themselves,
as well as such persons as may be associated
with them, or may hereafter become aSso-
cated with them, or may hereafter become
associated with them, to form and constitute
a corporation or body polite in law for the
objects and purposes herein expressed, and
under the agreements and stipulations fol-
lowing, towit:
Article l. The name of this corporation
shall be the EDWARD L. DAVIS LUMBER
icile in the city of New Orleans, State of
Louisiana, and under its corporate name, it
shall have succession snnd existence for nifty
(50) years from date hereof IT shall have
the power and authority to sue and be sued,
to buy, hold, receive, improve, convey, sell,
operate, mortgage, hypothecate, rent and lease
property, real, personal and mixed; to name
and appoint all manner of employees and
agents, as its interests may require, to have
power and authority to borrow and lend
| money, issue bonds, secured or unsecured,
| in such manner its board of directors may
determine, and generally it shall have power
| and authority to do all such acts and things,
provided by law, that may be necessary and
proper TO carry out the objects and purposes
| for which this corporation is formed, and is
hereby vested with all the immunities, rights
and privileges conferred upon corporations
under the laws Of Louisiana. To have the
power to make, alter, amend and abolish
| such bylaws, rules and regulations for the
proper conduct of its business. 1t shall have
power TO act as agent or representative OF
any person, persons or corporation as the
| board of directors may determine.
| All citations and o'her legal processes di-
rected to this company shall be served upon
the president, or, in the event of his absence
or inability to act, then upon the vice
| president thereof.
| Article IL The objects and purposes for
which this corporation is organized and the
| nature of the business to be carried by
| it are hereby declared TO be: To conduct a
| general timber and lumber business IN all
| its details, branches and ramihcations; 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 products; 70
export and import lumber and timber and
the products Of lumber and timber of every
character and description; to operate com,
missaries 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,
| boxes and barrels; to buy, lease, or other
wise acquire, maintain and operate saw
mills and lumber yards, and IN connection
Herewith to develop lands, to buy, sell, own,
lease, maintain, operate railroads, telegraph
and telephone lines, ships, steamship compa-
mics, 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
(SlOOOOO) dollars, divided into one thousand
Il OOO shares of one hundred (SlOOOO) dollars
each, par value, to be paid for in cash or Its
equivalent at the time of subscription, or
NAV be issued full paid or worcestershire Tor
property actually purchased or services actu-
ally rendered or to be rendered, TO this cor
poration for fair and market value; or may
be issued on the subscribers note or notes, or
NAV be issued on account OF contracts, IN such
way and in such time as the board OF dlrec-
tors may determine.
This corporation shall be a going concern
as soon as thirty thousand dollars (SSO,OO00C)
OF its canital stock is subscribed for, which
amount the sgners hereto declare is SUBJ
scribed. -.
Article ". All the corporate powers OF this
corporation shall be vested IN and exercised
by a board of directors, of fve 80 directors,
who shall be stockholders. All vacancies
occurring on said board of directors shall be
filled by the remaining directors for the I'M
expired term.
The board of directors shall have power
and authority to exercise all the powers grant
ed to this corporation in Article l.
The officers Of this corporation shall be a
president, a vice president, a secretary, a