The herald. [volume] (New Orleans, La.) 1905-1953, 1917-05-10

and description, and particularly, turpen-
tine, pine oil. roSiu, and other products from
resinors woods; wood, lumber. timber, wood
pulp. straw board, and other hbre; any and
all kinds Of paper and any and all ing:e.
dents, products and compounds OF any OF
the foregoing substances, and any and al
machinery, materials and articles that may
be row or hereafter used or required IN or
in connection with the manufacture or hand
ling thereof.
Section , To acquire. rent, construct.
eJulp improve, operate manage, work and
develop woodlands, wood, timber, trees, lac
tories, plants, shops. mills. camps, stores
depOts, selling agencies. and all necessary
real estate, buildings, structures, machinery,
tools. implements, and appliances necessary
and proper for the manufacture, production,
d sposition and sale OF any or all OF said
Section ). To apply for. purchase or
otherwise acquire and Use, operate, sell.
assign, transfer and otherwise dispose Of.
processes formulas, patents, licenses. and
Improvements. whether secured or not, under
letters patent, domestic or foreign.
Section = To survey, subdivide, and Pla:
lands Tor the purpose Of lease or sale, and 10
improve and develop the same by the cree
ton OF houses Or buildings thereon and 20
do such other lawful acts as may be needtul
or desirable in and about the Improvement
and development thereof for any purpose
10 plant grow and cultivate all kinds 81
/ fruits. plants ard vegetables; TO raise, buy,
| sell and deal in horses, mules, cattle, live
/ stock and poultry OF all kinds, and generally
| to engage IN the business OF a planter.
| Section 5 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 as may
/ be convenient. necessary or incidental 10
! any business or enterprise OF the corpora
/ ton. with all necessary SIde-tracks, locono-
tiveS, cars, dePots, round houses and other
/ equipment necessary 70 the operation %
| said vessels, piers, docks, whaTves, tram
/ ways or railways and the traffic thereon; pro
vided 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 o. To enter lntO, make, perform
and carry out contracts OF every kind not
/ contrary 20 law, with any person, firm, aSso-
| citation o. corporation, and TO carry on any
other business which under the law It may
be entitled 70 carry on, which may seem "a
the corporation 20 be calculated, directly or
indirectly 10 effect the aforesaid objects OF
either Of them, or 20 facilitate II the trans
action OF its aforesaid business or businesses
or any part thereof, or IN the transaction oi
/ any other lawful business that may be cal
culated. directly or indirectly, 10 enhance
the value OF Or 10 render profitable, any OF
, the corporations property and rights, and
generally 10 hold and exercise all such incl
dental powers and privileges as relate TO the
| objects and purposes hereinabove set forth
I or as nav be necessary, useful or c0nve'
| nIent Tor effectiug said objects md purposes
Article lN.-Ihc authorized capita! StocN
Of this corporation IS hereby declared 10 be
| The sum OF three hundred thousand dollars
tS50OGnU), which capital stock may be IN
creased in the manner provided by law, e
the sum OF one million dollars (sl,OO0OOOo.00)
The presently. authorized capital stock o;
this corporation shall be represented by three
| thousand tS,U0) shares Of the par value OF
one hundred dollars $4,000 each. The said
capital stock shall be represented by certIh.
Gates and shall be personal property, and
shall be fully paid and non.assessable 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 V.-The capital stock of this cor
poraton shall be fully paid and non.assessa
bic when issued and shall be paid for II
cash at such times, in such amounts and
after such notice 10 the subscribers as may
4 be fixed by the board Of directors; eIcep;