The herald., 1915-07-15
CHAR TER
OF THE RAILWAY EQUIPMENT &
SUPPLY CO, INC.

United States OF America, State OF LOUISIANA,
Parish OF Orleans, City Of New Orleans.
BE it known, that the first day OF the
month Of June, in the year OF our Lord one
thousand nine hundred and fifteen and of the
independence of the United States of Amer
lea, the hundred ana thirty-nnth, before
me, Peter Stiff, a notary public, duly COM
mlsSIoned and qualified IN and for the par
ish and state aforesaid, therein residing and
in the presence of the witnesses hereinafter
named and undersigned. personally came and
appeared, the persons whose names are here
unto subscribed all OF full age OF majority
and residents of this city, who severally de-
| clared, that avaiing themselves of the provi-
| sions of the act Of the Legislature of this
state, known as act 267 of the sessions acts
| of 1914, they do by these presents covenant
and agree and bind themselves, as well as
! such other persons as may become hereafter
| associated with them, in order 10 form and
| constitute a corporation or body polite in
law, for the objects and purposes, and under
| the stipulatiOns following tO-wit:
! Article 1.-The name and title OF this cor
poration shall be The Railway Equipment
81 'hIiy years from date hereof I, rsbsIi
nave, enjoy and possess all the poye-s
lignls, privileges and immunities accorded to
and particularly under act 257 Of 1914 re,
Article 1.-THE domcile of this cornor.,;or
! snail be in the city of New OrIeans go.
OF Louisiana, where all citations anJ 80
| IegaI process shall be served upon the nres;.
Gent ana IN his absence, upon the vice-nres;.
| ueHt ana In the absence of the yice-presiden+
| upon the secretary-treasurer
| Article lII.-The purposes and ob;.... T.
| wHiCh inns corporation is organized are bereL,,
ue1idIeu 10 De; to do a general lumber and
| nr. turing business; TO own, lease and
| operate saw and shingle mills. TO Iease 60,
| Struct or otherwise acquire railroads - IN
sIng roads for the transportation of Ire 80,
| ana manufactured products or con,rsc, S
b anu construct railroads. levees. canals and
oridges or other similar works for otbers
10 own lease and operate steamboats, to,,
p pod!s ana barge lines for the purposes M ;ts
business to buy and sell lands, logs. ties
orod',n,sp ping slaves, lumber and ali lumber
| Piouuets, ana to operate lumber wards. 70
GGonauct commissarles in connection with ;tS
business; to handle railway and raiI-o,J
equipment and supplies; and generally 70 do
| nert;I.r. any and all things necessary
| conferred. ~ 'Ne powers herein
article lV;-The capital stock of this co-.
Of f'I teO rs hereby declared to be the sum
nundred shares of the par value ~ nro t one
ppIeu collars each, and this Corporation sbniI
DC operative and go into business and bni
shares Of gong ;,s concern when one hundred
SUBSCRIBED and paid for, to-wit: 'eeA
the manner following. fowl. ana IN
in of;ce uturea dollars paiG by J. Ohio Elmer
- Silee FURNITURE presently transferred e.,
g. @ ana gwen by him in full naymert
lor one share, and which ofic. f,,-r4;t tyIlent
New o-, noom S4 Title Guarantee Building
D one hundred dollars paid BY Fdw,-d w
NoeeIs IN office furniture presnntIv - W
a.,Ieu' surrendered and given by him l.; f,ii
p;ynlent ior one share and which Office furI
Bldg n 70" at Room sO4, Title Guarantee
Nlhety-eIght hundred dollars Maid h., NJ
rsue L. Bonneval in merchandise prssen,i,,
ment h., H. surrendered and given in nav.
shares of stock. 'o' nihety-eight
conn;s. merchandise hereinabove referred %
Bonnev,I Oh contracts owned by said NJ I
urand Isle Railroad for the deI;y.- nm with
S.nye thousand cypress cross ties! n;,L WI" .
1Soutnern Pacific Railroad for two h,, the
III;no;s cypress cross ties, and with tbe
ahG NIFTY thousand cypress cross t;.s nu aI
r!e. contracts are well worth the s,'r, ot
t-neCy'elght hundred dollars and wb;cb sum OF
signs and tT sara M. L; Bonneval hereby as.
.nent OF MS said ninety-eght shares .. 90 pay
an, .,II1hung to n nety-eight hundred IS Stock
bv wv, d. wnlGh valuation this Corporation las
Article V.-No trasfa- os -,
onng upon this corporation unI.ss oe
SSppears on the books thereof. and nn same
transfer 'a any shave the right to assign Sr
uniess ne shall have first offersd oy Elm
lung II to the board of directors vb;dh IN
d sve me right to purchase same w;,h;- snaiI
bv tbs Si,er, az the valuation deterr;nSI |
ny ane said board and the party IN ;n.ed
p: mat IN case of dissatisf.c,;a. rest;
p,ise' tnat issue shall be arbitrstsI as 70
r.bIn provided by law in mates 81 tn the
be final anu tneir decision shall
al. shares of stock so acquired bv ,h
3Sr o may be reissued at NOT lee. sse cor
Article VI.-The charter O, ,b;.
Ia III may DC amended by the yot. oe'pora-
,.n lIS OF all its stock at a meet;n Vi two-
'b1UeknolaeTs' duly called for that n, OF the
nc edPitai stock may be increased parpose;
,,eSi eo oy the vote Of three.fourtbs y. or de-
. op at meeting of the stoctbn,S on all its
hall ~ aor mat purpose. zach share az s eui
"a a &c entitied to one vote which ~, -. STOCK
g East East by the stakeholder or by ~; o'e may
I.rpc ,o1y, which proxy or agency NAV agent
eneeu oy letter or other wr;tten pe evil
or llcie Vlli.-The corporate now.. rOeument.
!. poIaIlon shall be vested in OF TINS
he is TO be composed of nor ,oss OF
I ee nor more than Ave dJrect,- .esS tnan 4
ne to be ey b ,hs stockholders at general D.s
n escn year. No stakeholder of ~. OF June
s.om snaiI be eligible as a director .orpor-
i.SIs IN ms own name full ns;J uhiess
toc3 az least one share of RI. Gnu un,
'1ek OF this corporation e capital
nI"cle vLl-The board of d;r.c,.,.
.n,.i power to make all bylaws 80 snail
EQUATIONS necessary for the eonduet of a ,n /;