The herald., 1918-01-31
CHARTER
FORT LEON LAND e. TIMBER COMPANY,
INCORPORATED

Be it 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 one hundred and forty-sec
ond, before me, Herman Michel, a Notary
Public, duly commissioned and 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 are
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
tion of corporations, they have contracted
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-wit:
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 it, 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; 10 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,
State of Louisiana, but it may establish and
maintain offices and agencies wherever ii
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 or 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, well as to deal in, develop,
sub-divide and cultivate lands of I'll 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 well as to manufacture and deal
in logs, timber, cord wood, cross ties, and
timber products and by-products of every
description; 10 maintain and operate a 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
those already built; to construct, open and
maintain canals for the purpose of naviga
ton, drainage and the transportation OF com
modities; to construct, maintain and operate
locks and docks, either for the use OF this
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
.hre 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 or 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, and to
conduct stores and commissaries for the pur-
chase and sale thereof, at wholesale and at
retail; TO drill for gas, salt, OIL sulphur and
0tner mineral ana carmen prOductS ana 10 Op-
crate mines and oil wells, either as owner or
lessee; to build, lease and operate hotels
and boarding houses; TO purchase and sell
moss, at wholesale and at retail, and TO
operate ginneries for the manufacturing and
curing thereof; to erect factories for the
manufacture Of baskets and willow-ware;
and generally to do every character of BUSH
not otherwise prohibited by the laws
of the State of louisiana
Article IV.-The Capital Stock of this cor
raNr 60 H. -
Thousand tsSOOoOO Dollars, divided into,
and represented by, One Hundred (00)
shares, of the par value of Fifty (sSOOO
Dollars per share, which shall be ayable
IN cash, or may be issue in payment of prop
erty purchased by, or for services rendered
to. 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
stockholders called for that purpose, in the
OF directors, and after giving U9 fifteen
days notice prior to said meeting,
Article Vail the corporate powers of
this corporation shall be vested in, and ex-
whom shall be stakeholder of this corpo-
ration, three of whom shall constitute a
quorum for the transaction of all business,
and majority vote at all meetings shall
decide all questions voted upon. Said direc-
tors shall be elected annually from among
the stockholders, on the third Monday Of
December of each year; the first Board OF
Directors and the officers thereof shall be
George G: Earl, President, w. S. Bender,
Nice-President, Meyer Eisemen, Secretary.
Treasurer, and LIP NJ. Dalgarn and c, F.
Gelbke, directors; and the said officers ind
directors shall hold Office until the third
Monday of December 1918, or until their
successors shall have been duly elected and
qualified All meetings for the election of
directors shall be held only after ten DAVIS
Written notice thereof shall be given in writ
ing, mailed to each stakeholder at his las,
known place Of residence, and at all such
meetings. each share of stock outstanding
shall be entitled to one vote, and a majority
of such votes cast shall elect; and which
vote must be cast either in person or by
duly authorized proxy. Any vacancy occur
ring in the Board of Directors may be filed
by the remaining directors for the unexpired
term AT the first meeting of the Board OF
Directors, after their election, they shall
elect from among their number President,
Viee-President and a Secretary-Treasurer.
Article VI-This act of incorporation may
be amended. changed, or altered, or this cor
poration may be dissolved with the assent
of the stockholders holding and owning
three-fourths of the capital stock thereof,
who may be present or represented at >
general meeting of the stockholders convened
for that purpose, and of which due notice has
been given.
Whenever this corporation shall be dis
solved, either by limitation or from any other
- q. I'LL T.