The herald. [volume] (New Orleans, La.) 1905-1953, 1916-04-27
CHARTER

CHARTER
OF HELENA LUMBER Co. INC
United States Of America. State NJ To,,;s;
ana, Parish Of Orleans, City Of New Or.
BE it known. that on this fifth day Of the
month OF April IN the year one thousand
! nine hundred and sixteen, before me Scott
+. Beer: a notary public in and for the
! parish OF Orleans, State of Louisiana. there.
IN residing, duly sworn, commissioned and
laamued and in the presence of the wit.
/ hcSSeS Hereinafter named and undersigned
! personally came and appeared the persons
/ heTelbh'er subscribed who declared that
| ANa,hng themselves Of the laws Of this state
relative 10 the organization of corDorati0rs
! IN such cases made and provided. thew con-
NtI'ute themselves. their successors and as
signs a corporation under the stipulations
nSSTs,naiiet set forth which they hereby
adopt as their charter, to-wit:
Article 1.-The name of this co~nor,,;,,
snail be Helena Lumber Co., Inc, and its
period OF duration shall be Interviewing YEAS
from "a, and after this date, and it shall have
tor the purpose 81 the business :, he ca
RED on by it all the powers conferred nv
law upon corporations, and shall exercise
generally all the powers necessary to carry
on said business.
Article 1.-THE domicile Of this c,-Do-,.
non shall he in The city of New Orleans
parish of Orleans. State Of Louisiana: ana
all citation and other legal process shall he
served on the, president, and in case of his
absence, on the seCrctary-trcasurer or vice.
president
Article III-The objects and nurnoses f,-
winch TINS corporation is organized and the
nature OF the business to be carried ON Inv
II are hereby declared to be- TO cut, saw
and manufacture lumber and veneers Of ali
Kinds, and to sell otherwise dispose OF
the same; to purchase, rent or otherwise
acquire, and to sell lease, mortgage or 9th
erwlSe dispose of lands timber logs l,r
a mil
mliiS, logging railroads, and equipment nee
eSSary therefor appertaining thereto. and
TO operate saw mills. lu'nuer mills and fac
torres and mills for the manufacture of
boxes, shocks, or other products of lumber;
and IN connection Herewith to operate tram
roads, railroads. or other means of trans
perform any and all things necessary or
incidental to or appeartaining to the afore-
said objects and purposes any of them.
Article IV.-The amount of the capital
stock OF this corporation is hereby declared
TO be seven thousand FIVE hundred (S7,5OO) |
dollars, which shall consist of seventv-fve
shares G5) of the par value of one hundred |
dollars CSlDOO per share; all of which shall |
ne snDScTioed Tor betor' rne filing of these
articles OF Incorporation; and all the stock |
so subscribed for shall be paid for either in |
money or property received or labor done for :
the sad corporation: at such times as the
board OF directors shall determine
The amount to which the capital stock Of
this corporation may be increased shall be
one hundred thousand dollars (SlOO,OOO)
The said severty-five hundred dollars ST. |
SOD stock so subscribed TO this charter, shall |
he paid for by the transfer to this corpora |
ton OF the saw mill, saw mill machinery |
etc, belonging to the subscribers to this |
charter, which is fully described in the de- |
tailed description and the appraisement there
Of which is annexed to these articles of in |
corporation as a part hereof and which is to
be read in connection herewith.
Article N.-All the powers of this corpor-
atiOn shall be vested in and the business |
and affairs of the corporation shall be man
aged by board of directors who shall be |
elected annually at meeting of the stock.
holders the first Monday in May of each |
year., the. first board Of directors are to serve
for the first year, or until their successors I
are elected and qualified.
The first board Of directors shall consist
II the following: Edward r. Braud, Joseph |
I. FOlse, Jr., and Joseph L. Folse, Sr., with
Edward r. Braud, 17lO Fern street, New Or
1920 n. Tonti St, New Orleans. La. as sec
-etary-treasurer, and Joseph u. Folse, ST..
Paincourtyile, Assumption Parish, La, as
vice president.
These directors shall hold office until their
successors are elected and qualified.
All elections shall be by ballot at the
'fhce of the corporation. under the supervi.
ION of two commissioners to be appointed
~ the board of directors. Notice of such
Meeting shall be given by the secretary in
|
'erson or mailed TO him to his last known
address, at least fifteen days prior to the
aid election; but this notice may be waived
" all the stockholders. At all such elections
nd at all meetings of the stockholders,
very stakeholder shall be entitled to one
oct for each share of stock standing in his
ame the books of the corporation on the
ate OF the said meeting. Said votes to be
asst in person or by written proxy, and a {
lajority of the votes cast shall elect.
The failure TO hold the annual meeting or
D elect directors shall not dissolve this cor
Grafton or affect the corporation nor impair
Is management in any respect, but the d.
ectOrs then in office shall remain in office
ntil their successors are elected and quail I
ed. Each subsequent board of directors |
hall be composed of thee, and shall elect I
$ as possible after their own election
president, a vice-p president and a secre- '
lay appoint such other officers, agents, en-
loyees as they may deem proper, and may a
rant to each officer such powers as they !
lay deem proper. c
All vacancies on the board of directors for d
hatever cause shall be filled by the re- {
laining directors. Any member OF the board
directors may appoint any other person c
is proxy to act in his place at any meeting :
the said board The board of directors /
lay make and amend all by laws necessary I
,rporation.
Article VI-This act of Incorporation may
E modified. changed altered, or said cor 7
lration may be dissolved with the assent | !
two-thirds OF the capital stock 9utstand-
lg at a meeting of the stockholders con- !
ened for that purpose and after fifteen days ! :
office has been delivered in person or given /
y letter mailed to the last known address a
each stakeholder. The said notice may Q
waived by the unanimous consent of all 5
ockholders. ?
In case of dissolution of the corporation, t
5 affairs shall be liquidated by two COM c