The herald. [volume] (New Orleans, La.) 1905-1953, 1917-09-13

CHARTER

Aug -S-.O SEPT. b-lS--ySs.
CHARTER
OF LIBERTY BON FACTORY, INC,
United States vi America, State OF Louisiana,
PARISH OF Orleans, CITY VI New Orleans.
lie II known that this 2+ll day U! the
month OF August IN the year OF uur Lg.d
one thousand nine hundred and seventeen,
before me, George JanvIeT, a Notary Public,
duIy commissioned and qualified, IN and ior
tMs City and Parish of Orleans, therein re-
s.ulng, and IN the presence OF tine witnesses
hereinafter named and signed, pes
sOnally came and appeared:
Inc several persons wlO names are here
unto subscribed, who sevcrally declared that.
| awaiting themselves OF the laws Vi the State
81 louisiana such cases made and pro-
yIded, they have COyenau;ed and agreed and
do oy .nrse presents covenant and agree
and Dlnd themselves, a. wca all such
persons a. may hereafter become associated
w.cn tne;n. ~ form corporation iJ- tIe Oh
Jects and purposes and under The articles
and supu4auOHs following, tO-wIt:
Article l-lhe name OF tins corporation
snail be Liberty Box Factory, Inc, aai
under It's SAID corporate name II shall have
power and authority 10 have and enjoy cor
po-ate existence and succession iJ- the full
period Of nInety-nlne years from and alter
the date thereof; 70 contract, sue and Je
sued; 70 make and use a corporate seal, and
the same 10 alter and break At pleasure; u
mold, receive, lease, purchase and convey, as
well IS mortgage and hypo;heca;e property.
real, personal and mixed corpO-e-l and IN
COrpOrcal; 10 name and appoint such mana
gers agents, directors and officers as is
business. interests and convenience may re.
quIre, and TO make and establish, as WEI!
as alter and amend, from time 70 time, such
bylaws, rules and regulations FOR the proper
government OF the affairs OF said corporation
As may be necessary and proper.
Article 1.-The dOmicile vi said corpora
ton shall be in the City OF New Orleans,
State OF Louisiana, and all cItations.or other
~ sha all he 80,
OF the State of Louisiana.
Article lll-Ihe objects and purposes for
"hich said corporation Is organized and es-
tablshed and the nature of the business 70
be:
10 buy. construct. lease and operate box
factories, planning mills, iath and single
mills; 10 buy, lease or operate timber
iahG' and acquire, lease and hold other
lands Tor the use OF saw mills, planning mills
! shingle and lath mills and box factories to
I construct, acquire, lease and use RAILWAYS
! tramwayS, canals and rights OF way Tor the
transportation OF timber, lumber and other
| pFoducts Tor the use OF Its mills or for other
purposes; to buy and sell timber rights on
| land, to buy and sell timber, logs lumber
| shingles or other timber products; 70 manu-.
| iacture, purchase or otherwise acquire as
| well packing cases, boxes and other similar
| articles; to lease, purchase or otherwise
! acquire real estate for the CARRYING on of
| Its business; TO acquire, lease, charter and
| operate barges, steamboats, and other water
| craft tor the transportation of logs l,,mber
| shingles, boxes, packing cases, timber and
| other timber products; 10 execute bonds or
mortgages in the fulfilment OF contracts or
| IN the performance OF its business; and 10 do
| any and all acts incident to or growing out
OF the carrying out of any and all the OBJ
| Jects and purposes herein above enumerated
| Article lN.-Ihe capital stock of this cor
| poratlon IS hereby fixed at the sum of Six
teen Thousand Dollars (Sl6,OOOOO), divided
| ga1 ~
| Sixty Cl60) shares Of stock of the par value
OF One Hundred Dollars $4,000 each. Said
| stock shall be paid for in cash or in such
instailments and at such timee and after such
| notice to subscribers as the Board OF Di-
reciorS may fix, or same may be issued at
| NOT less than par for labor done or services
| performed for said corpora ion or for proper
~ or rights actually received by said cor
Eight Thousand Dollars (ssOOOOO of the
| capital stock has been subscribed to the cor.
! Poration at the time OF passing this act OF
corporation and this corporation will be.
| come going concern and shall be authoriz
ed 20 commence business when and as soon
as Four Thousand Dollars ($4OO0OO of il,
| capital stock shall have been paid for.
| An transfers OF shares of the capital stock
OF this corporation shall be made and enter
| ed on the stock book of the corporation and
no transfers shall be in any maner binding
| on TINS corporation unless so entered
| Article N-The capital stock of this cor.
PofaioA may he increased to the sum o;
| One Hundred Thousand Dollars (SlOnG0 OO
by vote of two-thirds of all of the stock.
| at a meeting called for that pu-pose
| Article Nl.-All the corporate powers oi
| tins corporation shall be vested in and eyer.
clsed by a board of directors, composed OF
three stockholders, a majority of whom shall
constitute a quorum for the transaction ot
business. Said directors shall be elected at a
general meeting of the stockholders of this
corporation, to be held the second Tues.
day shall be a legal holiday, in which event
SAID election shall be held on the next sue.
ceedlng business day. Notice of said electio.
Shali be gwen to each stakeholder in writing
by letter addressed and mailed to his las,
known residence at least fifteen days be
fore such meeting
The Board of Directors shall at its frs,
meeting elect from among its members ;
! Treasurer.
Any vacancy occurring among the Direc
Tors OF tins corporation by death, resignation
or otherwise shall be filled by election fo
, me uneXpiTed term by the remaining direc
tors from among the stockholders Of thi
| corporation.
The first election for Directors shall b.
; heId az the annual meeting Of the corporation
, on the second Tuesday in August. 1918, unit
( which time or until their successors shall
have been duly elected and qualified. III
following shall constitute the first board 0
directors:
: l"nn h2nura, who shall be President
, Stephen Naccaro. who shall be Vice Presi
/ dent; and Ralph Seghers, who shall be Sec
! Rotary. Treasurer.
The failure for any cause 10 elect Direc
= tors on the day stipulated shall not dis
solve this corporation but .he officers an,
{ directors then in office shall hold over unit
their successors shall have been duly quail
l fled. In the event of any failure 5ts. hol
, The election on the date simulated. tn
! President of the corporation and in his ab
! sence the Vice-President, shall immediatel,