The herald. [volume] (New Orleans, La.) 1905-1953, 1918-04-04
CHARTERS

officers may or may not De members o.
the Board Of Directors and the two offices
nav be combined in one person as the
Board may determine.
All Of the said officers and directors as
above provided for shall hold their re
spectfve Offices for a period of one tlJ
YEAR from the date of their election or
until their successors are duly elected
except the first Board herein provided
for whose term will expire on the hrss
successors have been duly elected, but the
failure 10 hold an annual election or 70
elect the officers as above provided Ior
shall not result in the dissolution OF TINS
corporation but the then Board OF d.
reCtOrs aud officers shall hold their re-
speCtiye Offices until their successors are
duly elected.
Any :acancies occurring on said Board
OF Directors shall be filled by the remain
| ing members of said Board for the IN
expired term. az meeting called LOT tAsC
purpose, after ten days prior notice N
writing sent by mail to said Directors
/ at their last known address, and II the
| said Board fails TO elect al said meeting
| a second meeting may be called Tor the
purpose of electing said Directors as
! above provided or the election may be
made by the stockholders at special
meeting called for that purpose In the
/ manner herein provided for the electioh
| OF Directors and should second meeting
| Of the Board be held and fail 10 elect.
| then the Board must have said election
/ by the stockholders as above provided
! The said Board OF Directors shall have
the power TO make all bylaws. rules and
! regulations for the proper management
| and conduct OF the analrs or this Corpor-
alton and TO change, alter amend, OF
| abolish the same at pleasure. and shall
| have and exercise all the powers con
| fe-red by law on this corporation and as
| st forth in this Charter.
The said Board OF Directors shall have
the power TO appoint any agents, manag-
-. nj shall
have such power and perform such du-
ties az such place or places as may De
I Board OF Directors and who may be re
moved at the pleasure OF the directors
| and said Board shall have authority TO
delegate any Of the said powers vested IN
this corporation to Committee of their
own body or 10 the officers and agents OF
this corporation.
All employees OF this corporation. eN-
cept those holding the offices Of Presi-
dent and yice-PreSident shall be cOnsld-
cred as employed by the month unless
otherwise contracted with in writing.
The hrst Board Of Directors OF this cor
pOraIion are hereby declared TO be: Mr.
Walter 3. Chilean, Of New Orleans, La.
Mr.. Buckner ChipIey. OF New Orleans, La.
Mr. Jos. H hurth, Jr- Of Pawnee- La,
Mr. Simon W. Henderson of keltys. Tex
. as, with the said Mr.; Walter +: EillGan
and the said Mr.. BuCkner Chipley as Vice
Presidents. with Mr. John A. Taylor of New
Orleans. La. as Secretary and Treasurer
who shall hold their respective Offices
until their successors are duly elected as
[ prov ided for.
Article yI-This corporation may be
dissolved by a vote OF two-thirds OF the
I outstanding capital stock thereof al gen
I eral meeting convened for that purpose
! in the manner provided for the calling
I of the stockholders meetings TO elect al
rectors and otherwise in conformity with
! the laws OF this State
, Whenever this corporation is dissolved
! either by limitation or otherwise. its az
fairs shall be nQuidated by three hluida'
: ting commissioners TO be elected at sucu
general meeting OF the stocAholders WhI
snail proceed with the liquidation only
D upon a certificate Of the Secretary o.
: state. all as provided for by the laws Of
= this State. And IN case OF death, re>lS
i commissioners. the surviving commission
2 - or commissioners shall appoint sue
2 cessor and together they shall contlnu'
= the liquidation 20 its termination
Article yII-This charter may b
: changed or amended by a vote OF two
;, thirds Of the capital stock issued at
: general meeting called for that PurpoS'
: after thirty 800 days prior notiee II
: writing having been sent to each stock
= holder at his last known address
:. No stOckholder shall ever be held Ii
p able or responsible for the contracts o.
e faults of this corporation in any furthel
: pany on the share Of stock owned by hin
: nor shall any mere infOrmality in the or
; ! ganizatiOn hereof have the effect Of rend
> snV stockhoIder to any liability beyond
such unpaid balance that may be due OF
. his stock
. The subscribers hereto are:
q Walter r. Chilean who resides al No
. 1895 Palmer Avenue, New orleans, Lou
; isiaua, and who subscribed to Is share
! | of the capital stock Of this corporation
: pays able in the manner and mode herein
| after designated.
/ Buckner ChipIey. who resides at No
2aO5 Pension Street, New Orleans Lou
5 isians. and who subscribed TO - share
d of the capital stock of this corporation
: payable in the manner and mode herein
;: after designated.
d ]. A. Taylor. who resides at 1917 Henr,
Is Clay Ave. New Orleans, Louisiana, ant
P. who subscribed to 80 shares of the cap
r, ital stock Of this corporation. payable II
the manner and mode hereinafter desig
e mated.
:. simon W Henderson. who resides a
5 Keltys County of Angelina. State of Tex
/ as. and who is herein represented B.
re Buckner Chipley. his agent and sttorne
$ in fact. per procur2tion hereto attached
d and who subscribed to l share OF the cap
D ital stock of this corporation. payable i
p the manner and mode hereinafter desls
9, mated.
5, Joseph Il. Kurth. Jr- a resident Q
$ Pawnee. Parish of Alien. State of Louisi
e ana, and herein represented oy Buckne
lie Chipley, per procuratlon hereto Attached
and who subscribed to 249 shares OF "a
Il capital stock Of this corporation. payabl
OF in the manner and mode hereinafter des
j. ignated.
OF And the parties hereto hereby declare
h that they subscribed for the number {
h | shares OF the capital stock Of this col
ID poration as set opposite their respectiV
Nv signatures, in order that this Act OF In
v corporation shall serve as the origins
ID subscription list, and the payment of sal
ia stock is fully made and hQuidated by II
~ transfer. conveyance, delivery and abaI
: donment to this corporation of all OF the
rights. title and interest in and 70 Gel
tain contract of lease made and entere
W into on November 3oth. 1917, by and 81
n tween the Vernon Parish Lumber Con
AZ PAM corporation created under Il
Ls laws of the State of Louisiana. and dom
~ ciled in the Parish Of Allen. State of Lot
ss isiana. and Buckner Chipley, Trustee,
nc the City of New Orleans, Louisiana, an
ssr wherein the said Buckner Chipley acte
y for and represented himself and the oth'
u parties hereto, and which said lease
~ for turpentine purposes, and covers q
- the long leaf pine timber standing
~ growing upon the Is. 152tS acres of lar
81 designated in the exhibit marked "A" an
= attached to the lease aforesaid. and vhiC
~ said lease is for period Of three
- years subject TO the terms and conditloI
set forth therein; ali of which will mo-
fully appear by reference TO copy
ay said lease and the assignment thereof, a.
ne neNed TO these articles OF incorporation.
rs TIE interest of the parties hereto
81 said lease was in the same proportion
of is the stock subscribed to and taken
in them in payment thereof.
he Thus done and passed, in my office
all the City of New Orleans, State of Loui
kA Aau nd