The herald., 1917-04-26
CHARTER
DE TIE CARRE SALES !

OF THE CARRE SALES AGENCY, INC.
United States of America, State of louisiana,
Parish of Orleans.
BE it known, that this 2lst day OF the
month OF March, in the. year Of our Lord.
one thousand nine hundred and seventeen
O9rO, before me, Watts X. Leverich, a
notary public in and for the parish OF Or,
leans, State Of Louisiana, duly commissioned
and qualified. and in the presence of the
witnesses hereinafter named and under.
signed, personally came and appeared the
several persons whose names are hereunto
subscribed, all of the age of majority, who
declared that, availing themselves of the
provisions of the laws Of this State relative
10 the organization of corporations, they
hereby form themselves into and constitute
corporation for the objects and purposes,
and under the stipulations hereinafter set
forth.
Article 1.-The name of this corporation
shall be: Care Sales Agency, Inc.
Article 1.-THE purposes for which this
corporation is formed, are declared to be:
to engage in the buying and selling OF lumber
and all forms of timber products, both whole
sale and retail; and to make advances upon
lumber and lumber accounts.
Article lII.-The amount of capital stock
of this corporation shall be the sum of ter
thousand (Sl0,OO00O) dollars, divided into art
, represented by one hundred Q0ol shares o.
| the par value of one hundred $4,000 dollar:
| per share; said stock to be issued by tht
| board Of directors for cash or property or fo
services rendered the corporation at thei
| appraised value, as the board of director!
may determine and direct, in accordance will
| law.
Article IV.-The amount to which the cap
ital stock may be increased. shall be ont
hundred thousand (sl00,0OO0O) dollars.
| Article V.-The domicile of this corpora
| ton shall be in the city Of New Orleans
| State of Louisiana; and the duration of tn
corporation shall be for ninety C9S
years. Service OF citations or other lega
| processes, shall be served upon the presi
| dent, or in his absence, upon the vice-pres
| ident.
Article VI-All the corporate powers o
| this corporation shall be vested IN boar
of directors to consist of three 81 stockhold
ers to be elected annually at a stockholders
| meeting 10 be held on the first Monday IL
March Of each year. The directors so elected
| shall remain in Office until their successor
are elected and qualified. The board of di
rectors shall elect from their number
| president a Weep president, a secretary treas
urer. and such other officers as they ma,
| think proper or convenient and shall have
| power to unite two or more Offices and &
pense with any Office in their discretion, ant
| 20 FIX the salaries of ell officers, agents anC
| employees. The directors shall have powe
| 10 fill all vacancies occurring on the board
even though no quorum remain at the TIM
such vacancies are to be filled. A majority
| of the directors shall constitute a quorum
| for the transaction Of business At any meet
| ing of the board of directors, any absent d.
| rector may be represented by any other di
rector, who may cast the vote of the absen
director according to the written instruction
| either general or special, OF said absent oil
rector. The directors shall have power Z
make, establish, alter and amend, all by
laws, rules and regulations, and TO borrow
money, execute mortgages and issue note
| and pledges, bonds, or other obligations, a
| they think proper, without reference to tn
| stockholders; as we'll as to exercise all o
| the other powers with which the corporation
is vested by law. Until the annual meetn
in 1918, the board of directors shall consis
| of the following: Paul Havener post ofic
address Whitney Bank Bldg. New Orlean.
La; c. W. Fox, Jr., post Office address u.
Eleonore ST., New Orleans, La; w. "