The herald., 1917-03-08
CHARTER
CHARIER
OF II. TANSSEN LUMBER COMPANY,

INC.
United States If America, State Of louisiana,
Parish II Orleans, City Of New Orleans.
Be it known, that on this l+th day Of the
month Of February, in the year Of or Lord,
one thousand nine hundred and seventeen,
and Of the independence Of the l"lted States
Of America the one hundred and f5rty-h-st,
before me, Alfred Charles Hammer, a notary
public in and for the parish Of Orleans,
State Of Louisiana. aforesaid, therein re-
siding. duly comm Ssioned, sworn and quail
lied, and in the presence of the witnesses
hereinafter named and undersigned, person
ally and appeared: Hendrix Jansen,
James l. DeTreville and James I. Stockton,
ST. all OF the full age Of majority and res.
dentS OF the city of New Orleans, State Of
Louisiana. who 10 me severally declared
that. availing themselves Of the laws OF the
State OF Louisiana in such cases made and
provided, and particularly OF the provisions
NJ Act No. POI OF the acts of the General
Assembly Of the State of Louisiana for the
year 1914, they have covenanted and agreed
and bind themselves, as we'll as all such
persons as may hereafter join or become asso-
ciated with them, to constitute and form
corporation and body polite in law. for the
ard Stipulat:ons hereinafter set forth and
expressed, which they hereby adopt as the
charter Of this corporation, to.wit:
poTa: alton shall be I'll Jansen Lumber r' Com
pauy, Inc" and under its said corporate
name it shall have and enjoy corporate
existence and succession for the full term
| and period OF ninety nine years from and
| after the date hereof; il shall have power
and authority to contract, and be sued,
20 make and use a corporate seal, and the
| same to alter and break at pleasure; to hold,
receive, lease. purchase and convey, as well
as mortgage and hypothecate. property, real,
personal and mixed, corporeal and incorpo
| real; to name and appoint such managers.
agents, directors and officers its business.
interest and convenience may require. and
| to make and establish. as well alter and
amend from time 10 time, such bylaws rules
| and regulations. for the proper government
l u the affairs OF said corporation may be
| necessary and proper.
Article 1.-THE domicile of this corpora
| ton shall be in the city OF New Orleans,
| State Of Louisiana, and all citations or other
| dent Of said corporation or, in the event Of
his absence, upon the vice-president there
Of. and, in the absence of both of said off,
| Gers, upon the secretary thereof.
Article III.-The objects and purposes for
which this corporation is organized and the
nature Of the business to be carried on by
it are hereby declared to be the buying
| and selling of all kinds OF lumber. timber
| and logs, both for domestic and foreign con-
sumption; to carry on the business of an
| exporter of lumber and for this purpose to
| own and charter vessels and TO do a steam
| ship business; and generally TO do and
| transact all such business as may be incl
dental TO or connected with the business
| contemplated in this charter.
| [NIllClc IN-iHc Capital STOCK OF tnlS cor
poration is hereby fixed at the sum of twenty
| thousand Apllars 6SO.OOOOl. divided into
| and represented by two hundred shares OF
| stock. OF the par value of one hundred dol
lars $4,000 each. Said stock shall be paid
| for in cash, at such time, in such amounts
| and after such notice to the subscribers as
may be fixed by the board of directors or
| the same may be issued at not less than par
for labor done or property actually received
| by the corporation.
| This corporation shall become a going con.
| Germ and be authorized to do business when
| ten thousand dollars (sl0OO0OO OF its cap.
! ital stock shall have been subscribed and
paid for.
The amount to which the capital stock
may be increased shall be the sum- of fifty
! thousand dollars.
| Article V.-All the corporate powers OF
| said corporation shall be vested in and ex.
| ercised by board of directors, composed Of
| constitute a quorum. Said directors shall be
| elected annually on the second Tuesday ir
| February IN each year, except the first board
appointed in this charter, who shall hold
February, 1918.
All such elections shall be held by ballo,
and conducted at the Office of the said cor
poration. under the supervision of three com
missioners to be appointed by the board Of
directors.
Notice of such election shall be given BY
the secretary Of the company by written no
tce thereof delivered personally or by de
posting same in the post office. properly ad
dressed, to each stakeholder at least ffteer
Q5) days preceding such elections.
At all such elections and at all corporate
meetings every stakeholder shall be entitled
| 10 one vote for each share of stock standin.
| in his name on the books of the corporation
to be cast IN person or by his written proxy
and majority of the votes cast shall elect
ANY vacancy occurring among the direc
tors by DEATH resignation or otherwise shall
be filled by election for the remainder of tn,
term by the remaining directors.
| failure to elect directors on the dat
above specified shall not dissolve tho cor
lporation nor impair its corporate management
but the directors then in Office shall remain
IN office until their successors are electe,
The board of directors shall elect from
their own number a president and a vice
president They shall also elect a secretar,
and a treasurer, or one person who shall b
, ooth either of whom may or may not b
members OF the board. They shall hav
power and authority, from time 10 time, I
name and appoint all such officers, agents o
| other. employees as may be deemed necessar
for the purpose and business Of the corpora
ton. They shall have power to fix III
compensation and define the duties Of ever
: ofteer and employee. and all officers an
4 at the pleasure of the board.
The board may make and establish, a
E well as alter and amend. any and all bylaw
. rules and regulations necessary and prope
< in its judgment for the conduct, support an
n management of the business and affairs I
e said corporation. At all meetings of Ii
e board Of directors each director shall hay
q me- me risn t to appoint proxy to act in hi
= The board shall have full power and a,
= lnority 70 borrow money, to execute NOR
] cages and to create liens; to issue bond
notes and other obligations, and general
i 70 DO all things reasonable, convenient an
e necessary for the proper carrying on Of NJ
$ business of the corporation. -
i lhe board may issue full paid shares ,
in Z
or property actually received by said co
d poration. ~
Il Article VI.-Whenever this corporat;o
e may be dissolved, either by limitation |
b from any other cause, its affairs shall I
y liquidated by three commissioners. to
e appointed from amongst the stockholders
e general meeting Of the stockholders co,
II vened for such purpose, of which meetir
y 4 notice shall be given in the manner ar
y time provided for stockholders meetings 8
n Article VII of this charter, and two-thirc
}, in amount Of the capital stock of said cor
q psny shall be requisite to elect. Said cor
d missiOncrs shall remain IN afrre ,,rt;r a