The herald. [volume] (New Orleans, La.) 1905-1953, 1917-05-03

4, and description, and particularly turpen-
tine, pine oil, rOsIn, and other products from
resinouS woods; God. lumber timber, wood
pulp, straw board, and other hbre; any and
all kinds Of paper and any and all Ingre-
dents, products and compounds Of any OF
the foregoing substances, and any and all
machinery, materials and articles that may
be now hereafter used or required IN or
in connection with the manufacture or hand
ling thereof.
Section ? To acquire, rent, construct,
equip. improve, operate manage, work and
develop woodlands, wood, timber, trees, fac
tories, plants, shops, mills, camps, stores,
depOts, selling agencies, and all necessary
real estate, buildings, structures, machinery.
too s. implements; and appliances necessary
and proper for the manufacture, produc-'on
disposition and sale OF any or all OF said
articles.
Section 3 To apply for, purchase or
otherwise acquire and use, operate, sell,
assign, transfer and otherwise dispose Of,
processes, formulas, patents, licenses, and
other rights in any and all inventions or
improvements, whether secured or not under
letters patent, domestic foreign.
Section = To survey, sIbdIvIde, and plat
lands for the purpose OF lease or sale, and TO
improve and develop the same by the cree
ton of houses or buildings thereon and TO
do such other lawful acts as may be neediul
or desirable in and about the improvement
and development thereof for any purpose
70 plant. grow and cultivate all kinds Of
fruits, plants ard vegetables; to raise, buy,
stock and poultry Of all kinds, and generally
to engage in the business OF planter.
Section ). To construct. purchase, lease or
otherwise acquire and own, maintain and
operate, steamboats,, sailing vessels, bargeS
and other water craft, piers. docks, wharveS
and such lines Of tramway or railway may
be convenient, necessary or incidental TO
any business or enterprise OF the corpora
ton, with all necessary SIie-trdCkS, l0COu0-
tlveS, cars, depOts, round houses and other
equipment necessary TO the operation OF
said vessels. piers, docks. wharves, tram
ways or railways and the traffic thereon; pro-
vlded that this corporation shall not, with
out an amendment OF this charter. be a
common carrier or have the right to exercise
the power of eminent domain.
Section 8. To enter into, make, perform
and carry out contracts Of every kind not
contrary TO law, with any person, firm, asso-
citation or corporation, and to carry on any
other business which under the law II may
be entitled TO carry on, which may seem 10
the corporation to be calculated. directly or
indirectly TO effect the aforesaid objects or
either OF them, or TO facilitate II the trans
action OF its aforesaid business or businesses,
or any part thereof, or in the transaction OF
any other lawful business that may be cal
culated, directly or indirectly. to enhance
the value OF or TO render profitable, any Of
the corporations property and rights and
generally to hold and exercise all such incl
dental powers and privileges as relate TO the
objects and purposes hereinabOve set forth
or as may be necessary, useful or cOnve-
nlent iOT erecting SAID OBJECTS and purposes.
Article lN.-The authorized capital stock
of this corporation is hereby declared to be
the sum OF three hundred thousand dollars
(SUO,GOOO, which capital stock may be in
creased in the manner provided by law, 10
the sum of one million dollars Isl 00, OG0O.01)
The presently authorized capital stock Of
this corporation shall be represented by three
thousand 5000 shares of the par value OF
one hundred dollars $4,000 each. The said
capital stock shall be represented by certifi-
Gates and shall be personal property, and
shall be fully paid and worcestershire when
issued. No transfer OF said capital stock
shall be binding upon this corporation un-
less made in accordance with its charter
and bylaws and recorded on the books
thereof
Article N.-The capital stock Of this cor
poration shall be fully paid and nou-assessa-
bic when issued and shall be paid for in
cash at such times, in such amounts and
after such notice to the subscribers as may
be fixed by the board Of directors; except