The herald., 1917-01-11

pg>.ans the same. in The. postott,e, properly
addressed 20 each St0ckholder At least nj
teen days preceding such meeting.
Al all such election, and a; all corporate
meetings. every >t'CNhrldrT shall. be eltl-
lied 20 one vote Tor each share of stock
corporation, to be ca~; in person or by VIII.
ten proxy, and 1t shall require majority
2t the stock outstanding TO elect.
Any vacancy among the director, by DEATH
resignation or otherwise. shall he filled by
election for the remainder Of the term, by
the remaining directors
\ failure 10 elect director, on the date
above specified shall not dissolve the cor
po-auon nor impair IT, corporate manage
mcnt. but the directors then IN office shall
remain in office until their successors are
elected and qualified.
The board Of directors shall elect from
their own number president and a. vice
president They shall also elect a secretary
and treasurer or one person who shall be
member, OF the board They may from time
10 time name and appoint all such officers
and agents a. NAV be deemed necessary for
iAeF shall have power to fix and define the
duties OF every officer and employee and all
Itt'cerS and employees shall hold Office and
employment at the pleasure OF the board
The board may make, as well as alter and
amend any and all bylaws, rules and reg
ulatl0ns necessary and proper in its judg-
.irllL 10Y lUt conduct. support and manage
ment OF the business and affairs OF said cor
poratIon.
The board shall have full power and AL.
thorIty TO borrow money, to execute mort
cages and to create liens; 10 issue bonds
notes and other obligations and generally to
DO all things reasonable, convenient and
necessary for the proper carrying on Of the
business OF the corporation.
The board may issue full paid shares of
stock for cash or in payment OF labor done
poration.
Al all meetings of the board Of directors.
each director shall have the right to appoint
a proxy to act in his place and stead.
Article NI.-Whenever this corporation may
be dissolved. either by limitation or from
any other cause, its affairs shall be liquidated
by three commits Sioners to be appointed from
amongst the stockholders at a general meet
ing Of the stockholders convened for such
purposes, Of which meeting notice shall be
given IN the manner and time provided for
the stockholders meetings by Article VII
| IF this charter, and three-fourths in amount
Of the capital stock of the said company rep
resented al such meeting shall be requisite
to elect. Said commissioners shall remain
in Office until the affairs of said corporation
shall be fully liquidated. In case of the
the vacancy shall be filled by election by
the surviving commissioners.
Article NII-Ths act of Incorporation may
he modified, changed or altered, or said cor
poratiOn may be dissolved or the capital
stock may be altered in accordance with
! law, at a meeting of the stockholders called
| TOR that purpose, after notice shall have been
| gwen by written notice 10 each stakeholder,
| delivered TO him personally or mailed 60
/ him at the post-ofice address designated by
him in writing at least fifteen days prior
to the date of the meeting.
| Article NIII.-No stakeholder shall ever
| be liable for the contracts, faults debts
/ OF said corporation in any further sum than
| the 'iuDai1 balance dine the
| the shares OF stock owned by him, nor shall
| any mere informality in organization have
| the effect Of rendering this charter null or
/ Of exposing a stakeholder to any liability
! beyond the unpaid amount remaining due on
his stock.
! Article IX-The following shall constitute
the first board Of directors Of said corpora
ton: John Deblieux, New Orleans, La; J.
! Levert, New Orleans, La; 6. J. Labarre
| Paincourtvlle, La; DIR. f. J. Kearney, Pla-
quemine, La, and John Deblieux shall be
! president, q. J. Labarre, vice president, and
! J. Edward CruSel, secretary-treasurer.
| The said directors shall hold office until
the third Monday in January, 1918, or until
| their successors shall have been duly elected
and qualified.
The subscribers to the capital stock Of
said corporation and their respective address
! ses are: John B. Levert. New Orleans, La,
Plaquemine, La, twentysix (30 shares; John
Deblieux, New Orleans. La, twenty-six 100
shares J. Edward Crusel, New Orleans, La,
thirty-Six t36) shares; G. J. Labarre, Pain.
courtvile, La, eleven QD shares
Thus done and passed at my Office in the
city OF New Orleans. in the presence of
Messrs. Nat W. Bond and Eugene Thorpe,
| competent witnesses, Of lawful age, both
| residents Of this city, who hereunto sign
| .heir names, together with the said appear
ers and me, notary, after due reading Of the
whole
Signed: J. p. Levert, 26 shares, $500;
] k.4r ly
5000; John Deblieux, % shares, 5000; J.
Edward Cruse!, % shares, $500; G, J, La
barre II shares, SLIGO
| Witnesses: Nat w Bond, Eugene Thorpe
GEORGE JANVIER, Notary Public
|, the undersigned, recorder Of mortgages
in and for the parish Of Orleans, State OF
Louisiana, do hereby certify that the above
and foregoing act of Incorporation Of the
Central Land and Timber Co, Inc, was this
day duly recorded in ny flee, IN book 1901
folio 100
New Orleans, January 4th, 1917
(Signedl EMILE ] LEONARD, by. R.
! State Of Louisiana Parish Of Orleans
|, the undersigned notary public, do here
, by certify that the above and foregoing j
a true and correct copy Of the original &C
. | Of incorporation OF Central Land and Timbe
Co, Inc, on file and on record in my Office
E together with the certificate of the Deput
Recorder Of Mortgages thereon.
In witness whereof, | have hereunto Sc
my hand and seal al New Orleans, this Ct
Y day Of January, 1917.
= GEORGE JANVIER, Notary Publ,
= jan II Is Is feb IS