The herald. [volume] (New Orleans, La.) 1905-1953, 1918-02-07
CHARTER
FORT LEON LAND & TIMBER COMPANY
INCORPORATED.

Be II known, That on this 18th day OF the
month of December, in the year of our Lord,
one thousand, nine hundred and seventeen,
and of the Independence of the United States
of America, the hundred and forty-sec
ond, before me, Herman Michel, Notary
| Public, duly commissioned end qualified, in
and for the Parish of Orleans, State of
| Louisiana, therein residing, and in the pres
ence of the witnesses hereinafter named and
undersigned, personally came and appeared:
The several persons whose names are here
unto subscribed, the first four of whom ere
residents Of the City of New Orleans, and
the last Of whom is a resident of the Town
of Gretna, Parish of Jefferson, State of Lou
isiana, all of the full age of majority, who
severally declared, that availing themselves
of the provisions of the laws and Constitu
ton Of this State, relative to the organiza
| and agreed, and do by these presents con-
tract. agree, and bind and obligate them
selves, as well as such persons as may here
matter become associated with them, to
form and constitute body polite in law,
under the agreements and stipulations here
matter fully set forth, which they hereby
adopt as their charter, to-wt:
| Article 1.-The name of this corporation
shall be the Fort Leon Land & Timber Com
pany, Incorporated, and the said corporation
shall have corporate existence for period
of ninety nine years from the date hereof
and shall have and exercise for the purpose
| of the business TO be carried on by II, all
! the powers conferred by law on similar cor
porations, including the power to make and
use a corporate seal, and the same TO break
| or alter at pleasure; to contract, sue and be
sued in its corporate name; TO hold, own,
| receive, purchase, ALLEVIATE, lease, convey,
mortgage, hypothecate, pledge and otherwise
cucumber property, both real and personal;
| to issue bonds, notes or other obligations,
for the purpose of borrowing money, and to
secure same by mortgage or otherwise; to
name and appoint such officers, managers,
directors, agents and other employees as the
interest of the said corporation may require;
and to make and establish such bylaws,
| rules and regulations may be necessary
and proper, and the same to alter, amend or
abolish at pleasure, and generally to do and
perform all such acts as may be necessary
| to carry out and execute the purpose and
objects of this corporation.
! Article 1.-THE domicile of this corpora
ton shall be in the City of New Orleans,
i State of Louisiana, but it may establish and
maintain Offices and agencies wherever 1t
may be deemed advisable. All citations or
other legal processes shall be served on the
President of this corporation, or IN the event
of his absence inability TO act, upon the
| Vice President.
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: To buy, sell,
receive, hold, rent, lease, sub lease, mortgage
and hypothecate, and to otherwise acquire
and ALLEVIATE, as we'll as to deal in, develop,
sub-divide and cultivate lands of ell kinds,
whether timbered or untimbered, and real
estate of every description; to buy, sell,
receive hold, rent, lease, suitcase, mortgage
and hypothecate, and otherwise acquire and
ALLEVIATE, as we'll as to manufacture and deal
in logs timber cord wood, cross ties, and
timber products and by-products of every
description; TO maintain and operate live
stock farm, and to buy, sell and deal in
such live stock; TO build, lease, maintain,
charter and operate steam and sailing ships,
motor boats and barges; to construct, main
!; tain and operate ship-yards, either for the
purpose of building new ships, or repairing
.tAea al hull N
maintain canals for the purpose OF naviga
! ton, drainage and the transportation OF com
! mOdities; to construct, maintain and operate
! locks and docks, either tor the use OF TINS
corporation or for lease or for hire; to erect,
maintain and operate sawmills, tramways
and steam railroads in connection with the
operation of such sawmills, and TO lease and
hire the same; to build, maintain and oper'
ate factories and machine shops for the con-
struction and repair of boilers and machin-
! cry, and other appurtenances in connection
Herewith, either of iron steel; to build,
maintain and operate lumber yards and
sheds. and to buy and sell lumber eithed at
wholesale or at retail; to buy and sell. at
wholesale and at retail, merchandise and nat
ural other commodities of every KIND, ana 10
conduct stores and commissaries for the pur-
chase and sale thereof at wholesale and at
retail; to drill for gas salt, oil, sulphur and
other mineral and earthen products and TO OPP
crate mines and oil wells, either as owner OF
lessee; to build, lease and operate hotels
and boarding houses; to purchase and sell
moss, at wholesale and at retail, and 70
operate gnneries for the manufacturing and
curing thereof; ts erect factories for the
manufacture of baskets and willow-ware
and generally to do every character of bust
ness not otherwise prohibited by the laws
of the State of louisiana
Article IV.-The Capital Stock of this cor
, poration is hereby fixed at the sum of Five
Thousand (ssOOO0O) Dollars, divided into
! and represented by, One Hundred Q00)
shares. of the par value of Fifty ($5OOO)
Dollars per share, which shall be ayable
in cash, or may be issue in payment of prop.
II. the corporation.
The capital stock Of this corporation NAV
! be increased by a vote of three-fourths OF
the outstanding stock, at a meeting of the
same manner as provided for the election
of directors, and after giving Q9 hfteer
days notice prior to said meeting.
I Article Vail the corporate powers Of
: ersised by, a board of FIVE directors, each Of
$ whom shall be a stakeholder Of this corpo
ration, three of whom shall constitute
= quorum for the transaction of all business
$ and majority vote at all meetings shall
I decide all questions voted upon. Said direc
$ tors shall be elected annually from anon,
: the stockholders. on the third Monday o
December of each year; the first Board o
5 Directors and the officers thereof, shall b.
f George G. Earl, President, w. S. Bender
y NicePresident. Meyer Eisemen, Secretary
S Treasurer, and LIP NJ. Dalgarn and c,
D Gelbke. directors; and the said officers tn,
5 directors shall hold Office until the thir
4 Monday of December 1918, or until thei
n successors shall have been duly elected an
I; qualified All meetings for the election O
!. directors shall be held only after ten day:
e Written notice thereof shall be given in writ
d ing, mailed to each stakeholder at his las
n known place of residence, and a. all sue
). meetings. each share of stock outstandin
) shall be entitled to vote, and majorit
a of such votes cast shall elect; and whic
% vote must be cast either in person or b
e duly authorized proxy. Any vacancy Occur
$ ring in the Board of Directors may be file
r. by the remsining directors for the unexpire
n term. At the first meeting of the Board
a Directors, after their election, they sha
elect from among their number Presiden
= Vice-President and Secretary Treasure
a Article VI.-Ths act of incorporation ma
d be amended. changed, or altered, or this CO..
n poration may be dissolved with the gsser
r. Of the stockholders holding and ownin
n three -fourths of the capital stock thereo
"A who may be present or represented at
- general meeting of the stockholders convene
i for that purpose, and of which due notice Ia
(. been given.
y Whenever this corporation shall be di.
+ solved, either by limitation or from any othe