The herald. [volume] (New Orleans, La.) 1905-1953, 1918-01-31

hODlE IL MDEN W, I'M"
State of Louisiana, Parish OF Orleans, City
OF New Orleans.
Be it known. that on this 2lst day of the
month OF January, in the year A. D., 1918
and Of the Independence of the United States
of America, the one hundred and forty
second before me. Henry q. Bloch, a notary
public, duly commissioned and qualified, in
and for the City, Parish and State afOre
said therein residing and in the presence
of the witnesses hereinafter named and I'M
dersigned, personally came and appeared the
several persons whose names are hereuntO
subscribed, who declared that, availlng them.
selves of the provisions OF the laws OF this
State relative to the formation and organ
izatiOn of corporations, they have coyenanted
and agreed. and do, by these presents, COW
enant, agree and bind themselves, as well as
those who may hereafter become associated
with them, to form themselves into cor
poration for the objects and purposes, with
the name and under the stipulations follow
ing, tO-wit:
Article 1.-The name and style OF this
corporation shall be Mobley-Clolinger Lum-
Der Co., Inc, and by said corporate name,
it shall have and enjoy succession and ex-
! istence for a period OF ninety-nine years,
| unless sooner dissolved.
Article 1.-The domicile of this corpora
ton shall be in the City of New Orleans,
| Parish of Orleans, State of Louisiana, and
| citation and other legal processes shall be
| served there.
| which this corporation is organized and the
nature of the business TO be carried by
| 1t, hereby declared to be: to manufacture
| hardwood and other lumber and the products
| thereof; to buy and sell timber, timber lands,
| lumber and other forest products; TO acquire
| by purchase otherwise, and to and
| operate, saw mills, planning mills, and other
| manufacturing plants germane to its bust
| ness; to acquire by purchase or otherwise,
and to own and operate logging roads, tram
ways, skidders, tug boats, barges and other
water craft in connection with its said bus
| mess, but not as common carrier; &c own
and operate commissaries for the sale by
retail and to do and perform all such acts
| and things connected with or appertaining
to the manufacture and sale of lumber and
| other wood products as are or may be ger
| name to the objects and purposes above ex-
pressed.
Article IV.-The authorized capital stock
of this corporation is hereby declared to be
the sum OF Ten Thousand Dollars (Sl0,0OO0O
which capital stock may be increased in the
manner provided by law, to the sum of Fifty
Thousand Dollars (S5O.0OOOO). The present
authorized stock of this corporation shall be
represented by One Hundred shares of the
par. value of One Hundred Dollars $4,000
each. No transfer Of said stock shall be
binding upon this corporation unless made
in accordance with this charter and bylaws
and recorded on the books thereof.
The capital stock of this corporation shall
be fully paid and worcestershire when is
done, or property actually received, or money
TO be paid at such times and in such amounts
and after such notice which may be deter
mined by the Board of Directors.
Article V.-The parties to this act hereby
declare that they subscribe for the number
OF shares of the capital stock of said corpo-
ration set opposite their respective sigma
lures hereto, so that this act of Incorporation
shall serve as the original subscription list
I. b. Mobley, J. T. Clolinger and E. R.
- tba +,a
of Thirty-three and One-Third ((33 1-0 shares
each or a total of one hundred shares of the
capital stock of said corporation in full pay
ment and liquidation OF said subscription, do
hereby convey, transfer, set over and deliver
to this corporation, all of their rights, title
and interest in and to those certain contracts,
described as follows:
FIRST: All the right, title, claim and in
terest of the said T. b. Mobley and J. T.
Clolinger in the contract entered into by and
between f. X. Braud and c. F. Borah, in
and to that certain contract dated October
18th, 1916, between ". II. Slaydon of the
first part, and A. G. Little, of the second
part. the interest of the said A. G. Little in
said contract being assigned by the Nichol-
son Lumber & Mfg. Co. being conveyed to
Charles F. Borah on April 9. 1917. which
assignment together with certified copies of
the original contract were recorded on April
18th, 1917, in Conveyance Book 90, page all,
Of the records of the Parish of St Tammany,
Louisiana, and which contracts E. r. Braud
assigned to the Braud Hardwood Lumber
Co.. Inc. and which was in turn assigned
by the Braud Hardwood Lumber Co., Inc,
to T. b. Mobley and J. T. Clolnger.
SECOND: All the right, title, claim and
interest of the said T. B. Mobley and J. T..
Clolinger, in and to that certain contract
dated October 90 1916. between A. G. Little
and J. T. Coney, J. S. Sexton and Geo: W..
Covington, the rights to which contract have
by various assignments passed to the said
f. R. Braud. and by E. r. Braud to the
Braud Hardwood Lumber Co, Inc. and from
the Braud Hardwood Lumber Co., Inc, to
T. B. Mobley and J. T.. Clolinger, the orig
inal contract being, filed for record in the
Office of w. E. Blossman. by. Clerk and
ex-Oficio Recorder at Covington, on March
g.. 1917, said contract covering timber on
what is known the Hazlehurst tract
THIRD: All the right, title, claim and
interest of E. R. Braud in and to that certain
contract dated August 20, 1917, entered into
by and between the State Line Veneer Co.,
E. r. Braud and Paepcke-Leicht Lumber Co
as we'll as the supplemental contract entered
into by the same parties on October 20, 1917
The said Thomas B. Mobley, John T: Clio
finger and Edward R. Braud compose all the
rnarhare az Raard of Directors of this