The herald., 1914-04-23
CHARTER
OF TIE HDNDURA TRADING AND De
NELOPMENT COMPANY.


NELOPMENT COMPANY.
United States uf America. State Of Louisiana,
Parish ot Saint Iammauy.
BE u known. That on tins sixth day Of the
month Of January. IN the year Of our Lord,
one thousand nine hundred and fourteen, be-
fore me. benjamin VI. Mile. a notary pub
Hc IN and for the parish % SAINT laum9ny'
State uf Louisiana, therein IcsdIng, duly
commissioned and qualified, and IN the pres
gr,e Of the witnesses hereinafter named and
undersigned, personally came and appeared
the several persons whose names are here
matter subscribed. who scvcrally declared that
ayaIiIug themselves OF the Jaws OF the state
II Louisiana IN such cases made and pro,
yided, they have Covcuantcd and agreed
and do by these presents covenant and agree
and bind themselves, as well as all Sucn
persons as may hereafter become associated
wi,h them, 10 form corporation for the OBJ
Jccis and purposes and under the articles
Article !. The name of this corporation
shall be Honduras Trading 4 Development
Company and under Its sdld corporate name
II shall have power and authority TO nave
and enjoy corporate existence and succession
for the full term and period OF ninety
years from and after the date hereof; to con-
tract sue and be sued, to make and use a
corporate seal, and the same TO alter and
break at pleasure; to hold, receive, lease,
purchase and convey, as well as mortgage
and hypotheCatc property, real, personal and
mixed. CoTporcal and luCorporeal; to name
and appoint such managers, agents, direc-
tors and officers as Its business, interests
and convenience may -equirc, and 10 make
and establish, as well as alter and amend;
from time to time, such bylaws, rules and
regulations for the proper government OF the
affairs OF said corporation as may be neces-
sary and proper.
ton shall be in the City OF New Orleans,
State Of Louisiana, and all citations or other
/ legal process shall be served on the president
Of said corporation, or IN the event OF ms
absence. on the wee president thereof, and
in the absence OF both OF said officers, upon
the secretary OF said corporation.
Article III. The objects and purposes OF
this corporation are hereby declared TO be
to construct or purchase, lease and operate
saw mills for the purpose OF manufacturing,
selling and dealing IN lumber, timber and
logs; to purchase, lease, own, hold and sell
lands; to carry on 4 general business tor the
manufacture, purchase and sale OF tuTpen-
tine. rosin and other products derived from
wood to purchase, work and sell mines and
minerals, and oil and gas wells and the prod
uCtS thereof; TO conduct a general mercantile
business, either wholesale or retail; to build,
own, lease and operate barges, lighters,
sail or steam vessels, with necessary wharvcS,
docks, landings and ship yards, but not as a
common carrier; to construct, purchase or
| lease and to operate tram roads and rail-
roads, but not as common carrier; to con-
struct purchase or lease and operate Greo-
! sotIng and wood preserving plants; TO buy,
/ sell and deal in building materials of all
/ kinds; to breed, purchase and sell horses,
! cows, and other live stock and poultry; TO
]
acquire and operate electric light plants for
/ the furnishing OF electricity for light and
| power; to acquire and operate ice plants and
sell the product thereof; and generally to dc
| all things that may be necessary, convenient
| or incidental 10 the carrying on OF any OF
the above objects and purposes. Such bust
! resS and operations are to be carried on IT
| Spanish Honduras, Central America, or II
such other places or countries as the corpor
, alton may determine.
Article ". The capital stock of said cor
/ poration is hereby fixed at the sum OF two
hundred and fifty thousand dollars, divided
into and represented by twenty-five hundred
| shares of the value OF one hundred dollar:
| each Said stock shall be paid for in cash
at such time and in such amounts and afte
| such notice to the subscribers, as may bt
fixed by the board of directors, or the SAINT
may be issued at not less than par for labo
done, property actually received by th'
Article V. All the corporate powers of sal,
corporation shall be vested in and exercised
by a board of directors TO be composed o
not less than five nor more than nine diTec
Monday in January, except the hrst boar
appointed by this charter, who shall hol'
their Office until the second Monday IN Jan
uary, 1915.
All such elections shall be held by ballo
and conducted at the office Of said corpora
tion, under the supervision OF three commis
sioners to be appointed by the board of di
reCtors.
Notice Of such election shall be given b.
the secretary of the company by publication
for not less than ten days prior thereto II
a newspaper published in the parish OF Or
leans.
At all such elections and at all corporat
meetings, every stakeholder shall be entitle
to one vote for each share of stock standin
in his name on the books of the company, {