The herald., 1914-01-15
THE HER AID

I mdTUTp UW-IUFSS
| by II, are declared to be 10 purchase, lease
or exchange locate, sell, mortgage, and gen
orally TO deal in mines, mining property ana
other real estate: 10 prospect Tor ana 10
mine gold, silver. copper or other metals by
any Of the known processes: to extract such
minerals or the ores containing same; TO
leNtract the said metals or other minerals
/ from ores by the process OF milling or other
wise to establish and operate mills or other
IplantS and machinery of all kinds used in
mining and milling operations; to establish
and conduct stores and cOmmiSSarles for the
retailing Of merchandise It all kinds; 10 eS-
! taDliSh and to operate tramrOadS and rail-
roads in connection with It's mining and mill
/ ing operations, together with such locomo-
] jlN"S and rolling stock as may be necessary 4,
| to buy and sell either with or without mill
/ inG, ores ~ all kinds and generally 10 carry
! on any other business or undertaking incl
dental to or connected with the objects and
purposes above set forth
! ARTICLE IN.-The capital stock Of this
/ Icprp"ratlon shall he the sum or hity thou
| sand dollars $50 OOUUO). divided into and
| represented by i've hundred tjOOl shares ut
/ the par value of one hundred dollars
.OOD each, which stock may bc paid for
/ IN cash. or in property, labor or services
mad" over or rendered 10 the corporation.
| All shares of stock shall De fully paid and
| worcestershire, and transfers Of stock shall
mot he binding upon the corporation unless
recorded upon its books. The stock sub
| Scrip'iOn list appended to this charter show
| ing that the entire amount Of the capital
stock has been subscribed, said corporation
/ may begin business at once.
| ARTICLE N.-1he ordinary business and
IaifairS of said corporation shall be conducted
! by board Of not less than three nor more
/ than nine directors who shall De St0ckhold-
| crS. The number Of the members Of the said
| board shall be tXed annually by the stock
| holders at their annual meeting; and the
/ number nrSt liked shall 50 remain for at
/ least one year The first board of directors
under this charter shall be elected by the
stockholders rs soon as reasonably convent
ent, after publication Of this charter. The
| board So elected shall hold Ofice until the
| Inr>t Monday in March, 1915; and annually
| thereafter an election of directors shall be
J held ~ the office Of the corporation, after
ten lob days notice in writing having been
mailed 10 each StockhOldeT. Voting for di-
| rcctors shall be by ballot, and each stock
| holder shall be entitled to cast one vote for
each share OF stock owned by him. 4 fail
| IRE to hold said annual meeting or election
Iof 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
Iqualiiied.
! ARTICLE VI-The board OF directors OF
| this corporation shall have power TO enter
/ INTO all ordinary contracts for and on be
| half or this corporation and TO bind II to
such : the said board shall not have power or
Iauthority TO sell any part OF the real estate
which shall be acquired by this corporation,
same, unless the board shall be so author
| lied by vote Of the holders of at least
| IluIee-UllnS i1-Jl or the issued ana OutStant-
| ing capital stock Of the corporation.
| majority Of the members OF said board
IOf all business
The board Of directors shall have power
| to appoint and dismiss the agents, clerks and
employees Of the corporation. or may dele
/ gate such authority to a manager They
| shall have power 10 ad0pt change and mod
! Iify all proper bylaws required for the man
agement of the business and affairs OF the
| corporation.
ARTICLE vII-The officers Of this cor
pOratlOn shall consist OF a president. vice
president, 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, rs above provided. Va
cancieS in the board or among the officers
shall be filled for the uneXpired time by the
board Of directors.
ARTICLE VIII-Exccpt as 10 the Increase
or decrease Of the capital stock, this act of
incorporation may be amended or the COrpO-
ration may he dissolved at a general meeting
lof the stockholders called for that specific
purpose after ten (10l days notice Of the
time, place and purpose OF holding such meet
ing given by mail; said meeting to be con-
Nened by the secretary upon order from
majority Of the board Of directors. or upon
the written request OF those holding not less
than one-third G-3) OF the capital stock
ARTICLE IN.-UpOn the termination Of
this charter by limitation or upon its dis
lsOlutiOn as above provided for its affairs
shall be liquidated by three (3) commission
ers selected from among the stockholders at
a general meeting called for that purpose, az
above provided. Should any commissioner
die during the term OF his duties as such
the remaining commissioners shall elect
successor from among the stockholders.
ARTICLE X.-NO stOckhOlder shall be
liable or in any manner responsible for the
contracts or faults OF this corporation be-
vond any unpaid balance that may be due on
the shares OF stock owned by him nor shall
any mere infOrmality in this act have the
effect of rendering this charter null or OF
exposing the stockholders TO liability beyond
the amount Of the unpaid balance due on
their stock.
The subscribers hereto have set opposite
their respective names the number OF shares
subscribed TO by them respectively. and this
act shall serve as the original subscription
liSt OF said corporation.
Thus done and passed. in my ofice, at the
city or New Orleans. on the day and date
first herein above written, in the presence Of
G. W. Schweitzer and c. A MIranne. Jr
competent witnesses, who hereunto sign their
names with said appearers and me, notary.
after due reading of the whole.
tOriginal signedl Walter B. Randall. 49S
shares; f. r. Beauvais, l share Marie Beau
vais, share. Geo. W. Schweitzer. c. A.
Miranne, Jr.
ALEXIS BRIAN, Notary oublfc.
hereby certify that the foregoing charter
OF the Lorraine Mining and Milling Company
was this day duly recorded In my office In
VI. Il. 1119, folio -
New Orleans. December 3rd. 1913.
(Signed) EMILE LEONARD,
Dep. Recorder.
! hereby certify that the above and fore
going Is true and correct copy OF the char
ter of the Lorraine Mining and Milling Com
pany and Of the certificate OF the deputy re-
cOrder thereto attached.
New Orleans, Louisiana, December 3rd,
1913. ALEXIS BRIAN,
tSeall Notary Public
dec IL Is % jan l 10 1914