The herald. [volume] (New Orleans, La.) 1905-1953, 1918-01-03
CHARTERS.


That on lh'S, "a ~ The |
r. how II November, E S.a..s s- of Amer
be pom. Of the United $50 ,.second, before
s,.Ssyeaden'b hundred apd lofty octsTy public |
. yS,aries :. md qualified IN and IoI
q 'sypnissioheu state aforesaid, tAeIelh
III - parish an n-esence OF the WIZ
o e" ." and IN u. HS,,1ed and undersigned,
fsss hefeinsi and appeared the seEeL5S'
sss.lly eane are hereunto suOsCrLOe
r,scs s5oss .5at. availing theHseIseS -
=, deeiH.s Of the laws Of .I,r;yst;on of
I, gOvlsiccnn' formation and oIsa d'ts5 and
,5n ~ they have So.ora covenant,
ssprisNon ID DO, by these ~ well as those
~ nd bio ser become associated "i'n i
- nay pc, themselves into 0.I ~ asT,e
. % form Ia purposes, with the haIie
,he Objees ...oriations following, to-"lt'
y apdei the Sine INC and style oil TINS Iol-
p.rtee ~ he Braud Hardwood Lu1.'O :,
srunOn snsnd BY said corporate "A - list.
3. lac, nd enjoy succession S 80 nm.
ssl hs' penod OF nine III have ali the
=. sooner aiss and immunitieS "hiTh ~te
-, pnviiee- be granted by Id" -
", nay heIeai me kind and character,
%.,ations Of 'le --o-ate name il shall nave
n undef saio .,tbority TO contract, sue anu
:, pogn anu T. and use 4 corporate SD;
: ssed, 70 b,sak or alter 4: pleasure a-s
* s,ns. n necessary rules ana nantToI
rsn.roorate management .5is CORPORA
y IS 1.-THE domieie o NJ orleans,
= shall DC u State of Louisiana, anu
S.nsb Of 9'i e.her legal processes shaIi oe
.,,,oa and o..'t Secretary, or in case OF ms
xrtd w liability to act, upon any
s5s a the eorporatlo.... ,,d purposes for
An,ele h.so,noration is organlZea anu ~,
,hh tnls ~ business 10 be carIleu On ~
,stsrs CIV declared to be: 70 L tL15,,r,s
T u and other lumber, anu me-; ~ iands,
ssdFe0a az Nv and sell timber, timber anus,
sreOi; 70 Ouy ~ forest products; TO acquire
Irsbff snu ~ otherwise, and 10 own Gnu
| b purchase Ills. planning mills, ana o'he'
| srsts, s@ u giants germane TO Us Jus
r.rniseinrns nv purchase or otheF"Iee'
vs; 40 1s4snd operate logging roads, ram
~ OWL OWE rus boats, barges ana 1thei
nJS s N IN connection with us sAiu 80 .
F'itf ,ot as a common CARRIE bv
- ...,,,e commissarieS LOT IA - scts
VI aes, "a do and perform all suIn aC'o
cal anu .onnected with or appertdlhins
I'd tainss ssrture and sale OF LUMBER anu
b nc n1a' a-od,ets as are or may oe ger
scr s0. =. objects and. purposes above eH'
aas . INC
Fsssst v-Tbe capital stock OF this cor
Aae hereby liked al the sum Oh lVe
psnoaa IsSOOO dollars, divided lnio my
ss''sn- ,,s al the par value OF one iI 90
" nsil,rs each, all OF wnlCh Sldti
w ~ SOCK, and the amount 70 MH' Sa-s Inv
e1sn1A ,,"ck may be increased IS merely
ariA 's sum of fifty thousand (oO,UD
tlsi q -" aid stock shall be issued only
Nl1is, ~ IN payment of property or ser
~ esa liz received by or. rendered 10
uuss E IuS' said stock shall be fully
W. ~T the time OF its issuance anu
r.s., he non-assessaOIe' 49,.
nssI.....ao,a,iou shall commence business
t'p 49, a going concern as soon as INC
~. II rs Five thousand NS9'VOV Iona tS ,;
rata stock shall have Oeeh suoSe''Osu
I'D pid Tor. -. -, bsrebv declare that
TX .YIs.rr;he for the number OF shares OF
~ ,,.;tal stock Of said corporation, SCI OPP
- ,he;r respective signatures herelo' 30
-. A., Of incorporation shall serve as
!. a,ailal subscription. -
f,~aJ r Braud, one OF the SAID SUD-
- "a the extent Of Forty-seven shares
a. e,oital stock of said corporation, IN
a s.yuent and liquidation OF sara SUP
ia.s hereby convey, transfer, as
n~i 81 over and deliver to this cor
~ All of his right, title and interest
- "a fhose two certain timber contracts
ibid as follows:
-, An the right, claims, title and in
n ...,,;,.d NV +. K. Braud from {. r.
- !, and TO that certain contract dated
80, u 1916, between w. II. Slaydon,
A. srst part, and A. 6. Little OF the
..,ri part. the interest OF the SAID A. ".
irs n said contract being assigned by the
S@lsop Lumber & Manufacturing Co., on
V,,rh n 1911, and the interest of the
1870, Lumber & Manufacturing Co. be.
: srveyed to Nhas. F. Borah, on April
Isl which assignment. together with GER
~ .opy Of the original contract, were
--i.d On April IL, 1917, in Conveyance
hSg o. al, on the records of the Parish
IL Iammany, La.
ssund All the right, title, claim and
.rrr Of the said E. R. Braud in and q
d. orsin contract dated Oct 20, 1910
sexton and George w. Covington, the
- 20 which contract have by variou:
vsrurrts passed unto the said E. K
Ind ne original contract being hled foi
rusk.ion in the Office Of w. Z. BlosmSn
D. Clerk and Ex-oficio Recorder, at Gov
zsr, on March 9, 1917; said contract GOV
r4 timber on what is known as the Ha
lktun. Tract"
ns mid Edward R. Braud, John 7, Clio
mgr Thomas D. Mobley, Clark w. Storr'
NJ Byrd II. Mobley compose all the mem
ks Ae Board Of Directors of this cor
rztNn in accordance with the require
xzs Of the law. and particularly Act No
Ed pl4 Of the Legislature of the STATE
lsuisiana, hereby value and appralse TN
70. title and interest of the said Edward
Brsd in and to the timber contracts
irss,id Al the sum Of Forty-seven hundred
40 Dollars.
u present or future stakeholder of thi
u3sztcn shall ever sell, assign or trans
- +ks- u h.y ,1h
afia sock Of this corporation until tn
nne shall have been first offered to tn
rrainnz stockholders for the beneht o
As stockholders who may desire to pur
aax the SAME through the Board of Direc
M im period Of ten days, at the bool
NM Of such stock as shown by the book
Ne corporation, on the 3lst day OF De
rrAu preceding the date of such offer. l
saH 3 the duty of the Board of Directors
N12uy upon receiving an offer Of sale o
ny u the capital stock of this corporation
ounnunicate the same to the stockholders
: sring, through the Secretary of tn
vnnny, and each Of the said stakeholder
~ entitled to purchase such proportion
ne stock so offered for sale as the mum
.u hares owned by him, bears to tn
s. 1os Of shares owned by all other stock
ees deiring to participate in the pun
.1ss No sale under foreclosure, attachment
= Fe~eoei VI ny NlItuC Oh any pO"S
Honey, pledge or hypothecation, shall b
ey made until the foregoing require
- have been complied with by the pei
PERSONS, hrm or corporation provokin
p'eelosure or sale. The Board Of Di
sn shall have authority, however, {
9e above requirements as to any PAL
- hypotheeation or pledge Of stock, b
ahca adopted at a regular called NEE,
ne Board, or meeting attended b
members Of the Board of Director:
a Eselution being adopted in advance c
E;os or .hypothecation.
- Yah the powers of this corpC
aai DC vested in and be exercise
board OF not less than three 90 nc
- asn seven % directors, as determine
Ssnee each year by the stakeholder
annual meeting Each director shal
i. oona-hde stakeholder, and shall ow
-. !. y 9nes One % full paid, non-pledge
stock. The FIRST Board of Direc
- K Brsud. Nicholson, Mississippi
-. Soiinger, Nicholson, Mississippi
- Aobley, 7ss Union ST., New Oh
"A; Clark W. Storrs, 7227 Hampso
n res urleans, La. Bvrd w Mobile,