The herald. [volume] (New Orleans, La.) 1905-1953, 1917-10-04
CHARTERS.

vaIl,ng themselves Of the laws Of the Stat,
Louisiana III such cases made and pro
.lded, they have CoycuAntcd and agreed an,
40 by these presents covenant and agTc,
nd Dlni themselves, a. well a, all suC
ersous aS may hereafter become associate,
nth them, to form corporation Tor the ob
Gets and purposes and undc- the articles
.nd s;Ipu.luo following, to-w!t:
Article 1.-The name u TINS corporation
hal be Liberty Bon Factory, lac, anC
InieT ITS sad corporate udmc II shall have
.'ower and authority to have and enjoy cor.
Isrd'r existence and succession ior the ful.
period o. uInety-nIuc year, from and after
ne date thereof; to contract. sue and be
sued; 10 make and d CORPORATE seal, and
he same 10 alter and break at pleasure; to
l0!d receive, lease, purchase and convey, as
well a. mortgage and hypo:hecd;e property,
real, personal and mixed cDrporcal and in
corporal; - name and appoint such mana
sc.N, agents, directors and Officers as its
business, interest, and convenience may re-
quIsc, and to make and establish, IS well
as alter and amend, from time t. time, such
~ laws, rules and regulations Tor the proper
government vi the affairs o! Sail corporation
a. may be necessary and proper.
Article lI.-lhe domIcilc ri said CORPORA.
non snail Be IN the Cry OF New Orleans,
State OF Louisiana, and all citations OF other
lesa. process shall be served under the laws
u the State OF Louisiana.
Article III-Thc object, and purpose, f,-
which SAID corporation Is organized and e,
t1h.ished and the nature OF the cuisines, 10
'e carried on by II, are hereby declared 10
10 bay, construct. lease and operate box
factories, planning mills, Ia.h and shing!c
mills; 70 buy. lease o. operate tim he
lands aal acquire, lease and hold otbc-
aids tor the use Of saw mills. planning mills,
>A'nEtc and !Ilh mills and box ft,t.r;c, >,
I'n>,ruc:, acquire, lease and u,e railways,
ramwdy>, canals and rights OF way jo- ,hr
TtH>p'TidHon OF timber. lumber and o,h,-
P'"HH'-N iJr the usc 10: is mill, OF for other
purposes; 20 buy and sell timber r:g'., ~,
anu TO buy and sell timber. logs, lumber
CluElcs .: other timber produces; To mann.
Tao. iFc, purchase o. otherwise gcg.,irr q.
vel packing cases, boxes and other similar
A'H'!c>; 10 lease, purchase, or otherwise
"lqAtie Tca! estate Tor the carrying on OF
I> business; to acquire. lease. charter and
operate OdrggS. steamboats, and other water
SrIi' sT the transportation OF logs lumber
>.,ns.c,, boxes, packing cases. timber ana
.,,.,1.. ,,..' nI1aHctr; l. execute bonds or
"'ItS'Se> IN the tuliiil'mcut Of cJ..-ac,s or
~ the performance Of IL business; and 10 do
any and al! acts incident 10 ~ growing out
81 ''e 'I'TNng on: OF any and all the o.
ana purpose herein ahovc enumerated.
Ar'irte IN.-lne capital stock II this cor
p'"''i"n = hereby fixed a. the sum Of SIX
lei thousand Dollars lSl6UnrD. divided
- and represented by Onc Hundred and
'II' >ntre> ~ stock Of the par value
OF one Hundred Dollars (<lnllr zach Sail
-;'ch shall he paid TO- in cash or in surb
.N,,al.mcn'N and o: such t.mce and after such
h't'tc - subscribers as the Board Of nj
'c''n.> may I'm. a. same may be issued AZ
h't les 'Iln pdr 10y labor done o. services
performed Tor said corporation o- for nr7De-.
~ %. nights actually received by SAID cor
t'Sh' Thousand Dollars C$S.mom Of the
capital stock has been subscribed 20 he cor
p'rl,ro' the time Of passing hi, aet ~
corporation and th., corporation viii Jr
CONE 4 going concern and shall be agitho-iz
ell 10 commence business when and as 500,
- Four thousand Dollars tSIcrn1l of -,
capital stock shall have been paid for
Al transfers of shares Of the c7pi,,l s,ocl,
~ tA'> corporation shall be made and euter.
Ell ~ the stock book OF he corporation a-d
~ Ian>ierN snail he IN any maner binding
on ms corporation unless "a entered
Article N.-Thc capital stock al This chr
I''it'nn may be increased to the sun Of
One Hundred Thousand Dollars rSiun0 O0I
'N vote Of tw0-thirds Of all Of the stocL
al p meeting called for that purposc
Article NI.-All the corpor,,c novre-s -
'hN cooperation shall be vested in and exer-
C'Ned 'E 4 board of directors, composed Of
'hf'c stockholders, 4 majority of whom shall
constitute a quorum Tor the transaction OF
"u>'ncSs. said directors shall be elected ~,
general meeting of the Stockholders of This
,'rP'rdti"n, /" be held on the second Tues
DAY IN august in each yeear. unless said
a"y Sh'h be legal holiday. in which event,
>tIi election shall be held on the nrxt suc
ceeding business day. Notice of said election
SNAIL be given to each stakeholder in writing
ny letter addressed and mailed to his las?
SHOWN residence At least fifteen days be-
tore such meeting.
The Board OF Directors shall a. its frs.
meeting elect from among its members a
PRESIDENT a Vice President and 4 Secretary
Any vacancy occurring among the D;r...
toys OF this corporation BY death. resignation
Or otherwise shall be filled by election for
me uneNpircd term by the remaining direc.
'"r, from among the stockholders of this
{ 'cnoratiOr.
The first election for Directors shall he
heid 1t the annual meeting Of the co-po-ation
on the Second Tuesday in August. 1918, until
Whlch time or until their successors shall
have been duly elected and qualified. m,
directors VI
JOHN Eonura. who shall he President.
stephen Naccaro. who shall ne Vice Presi |
dent; and Ralph Seghers, who shall be Sec /
rotary. Treasurer.
The failure Tor any cause to cleo, Dire. !
torS on the day stipulated shall not dis /
solve this corporation. but the officers and
directors then in office shall hold over until
tle,r successors shall have been duly quail. /
i,ed. In the event of any failure to hold
me election on the date stipulated. the
president Of the corporation and in his ar /
Sence the Nice-President. shall Immediately
thereafter call new election to be held
after notice. as hercinabove provided shall
have been given to each stockholder, A. ali
elections and meetings of stockholders OF
ms corporation, each stockholder shall he
entitled TO one vote for each share of stock
registered IN his name and may vote in per
ballot '"'' Oe oS
Article Nil.-This act of Incorporation NAV
ne changed: modified o. amended or the
capital stock increased or decreased. by and
stock. " an INC
\ Change in the objects and purpose NAV
nav be made only by vote OF all of the
stock thereto issued and an increase of the
sum 70 winch the capital may be increased.
standing stock on '''e ou''
mus corporation NAV be dissolved bv
vote ot two-thrds Of all the stockholders AT
called meeting called for that purpose.
40, zee OF all meetings referred to in this
lrrlcLa sllL lie