The herald. [volume] (New Orleans, La.) 1905-1953, 1917-05-03
CHARTER
OF THE CARRE SALES AGENCY, INC.

OF THE CARRE SALES AGENCY, INC.
United States Of America, State of Louisiana,
Parish OF Orleans.
BE It known, that on this 2ls: day OF the
month OF March. in the year OF our Lord,
one thousand nine hundred and seventeen
G9l7. before ne, Watts X. Leverich,
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, declared 10 be:
TO engage in the buying and selling Of lumber
and al forms OF timber products, both whole
sale and retail; and to make advances upon
lumber and lumber accounts
Article III.-The amount OF capital stock
OF THIS corporation shall be the sum OF ten
thousand tSlO,cDcO) dollars, divided into and
represented by one hundred Q00) shares OF
the par value Of one hundred $4,000 dollars
per share; said stock to be issued by the
board Of directors for cash or property or Tor
services rendered the corporation at their
I
may determine and direct, in accordance with
| law.
Article IV.-The amount to which the cap
al stock may be lSi 6STsa'ed d i31 De one
| Article V.-The domicile of this corpora
| ton shall be in the city Of New Orleans,
! State OF Louisiana; and the duration OF the
| corporation shall be for nnety-nine C99)
years Service of citations or other legal
| processes. shall be served upon the presi-
| dent in his absence, upon the vice-pres-
| ident.
| Article Vial the corporate powers of
this corporation shall be vested in board
OF directors TO consist Of three 90 stockhold-
ers to be elected annually at a stockholders
meeting TO be held on the first Monday IN
March Of each year. The directors so elected
| shall remain in Office until their successors
! are elected and qualified. The board OF d.
| rectors shall elect from their number a
president, vlce-presldent, secretary-treas-
l.urer. and such other officers as they may
| think proper or convenient, and shall have
power to unite two or more Offices and to
| confer the same upon one person, or 10 dis.
pense with any Office in their discretion, and
TO fix the salaries Of all officers, agents and
employees The directors shall have power
10 fill all vacancies occurring on the board
even though no quorum remain at the time
such vacancies are 10 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 dl-
rector may be represented by any other d.
rector, VINO may cast tne vote OF the absent
director according TO the written instructions
either general or special, OF said absent di-
rector The directors shall have power to
make, establish, alter and amend, all by
laws, rules and regulations, and 10 borrow
money, execute mortgages and issue notes
| and pledges, bonds, or other Obligations, as
they think proper, without reference to the
stockholders; as well as 10 exercise all Of
rhe other powers with which the corporation
is vested by law, Until the annual meeting
| in 1918, the board of directors shall consist
Of the following: Paul Havener post Office
address Whitney Bank Bldg. New Orleans,
La; c. w. Fox, Jr., post Office address lN3
Eleooore ST., New Orleans, La; w. w.