The herald., 1918-06-27
CHARTERS

1
wise, hold, receive, hypothecate convey,
| lease, sell, pledge, mortgage and dispose
OF, property real, personal and mixed to
issue negotiable bonds and notes or 9TH
er evidence OF debt, to name and appoint
| such managers, agents, directors and Off
| GERS as its business interest and convent
ence may require; to make and establish,
as well as to alter and amend, from time
to time, such bylaws, rules and regula-
| tons for the proper management of the
affairs Of this corporation, as the same
may be necessary and proper; said cor
poration shall have the right to acquire.
sell and dispose of the capital stock of
! other corporations, and further enjoy and
exercise all the rights and privileges
! granted under the laws of this State, and
more especially under Act 267 of the Lou
isiana Legislature of 1914.
Article 1.-THE objects and purposes
for which this corporation is organized
and the nature of the business to be car
ried on by it, are hereby declared to be:
| To conduct and transact a general lum-
| Der, timber and tie business; to acquire
/ by purchase or otherwise, own, buy, sell
| mortgage and deal in standing timber and
timber lands, and to buy, cut, haul. drive
| manufacture mortgage, sell, and other
wise deal in lumber, ties, logs, and all
kinds of timber and forests products; to
| sell and otherwise deal in any and all
| kinds of real and personal property. eth
er for itself, or as broker or agent for
others; to acquire, by purchase or other
wise, to sell, pledge, exchange, and other
wise deal in capital stocks, bonds and
other securities; to build, construct, fit.
use, mortgage, operate, deal in and sell
boats, bargeS and vessels, of all classes
and descriptions, propelled by sail, steam,
electricity, or other power, and also trans
pOrtatiOn lines by land, in any state or
country; to furnish and supply facilities
1 for and to engage in the business of car
rage and transportation of freight, goods,
twares and merchandise by land or water
lin any state or country, or upon the high
seas; to furnish facilities for and engage
in the business of towing and literage
upon the ocean and other waters; and.
generally, to do and transact any other
business incidental to or connected with
the general objects of this corporation
as hCreinabOve set forth, as the Board of
| Directors may elect or determine.
Article III.-The capital stock of this
| corporation is hereby fixed at the sum of
fifty thousand dollars, ($JO,OO0.O0), to be
represented by five hundred 5000 shares
of the par value of one hundred dollars
(S100O0) each The capital stock of this
corporation shall be payable in such in
| Stallments, and under such conditions as
the Board of Directors may determine.
The capital stock of this corporation shall
only be issued for, cash, or for services
rendered, merchandise, property or other
valuable considerations, enuring to this
tcOrporatiOn, according to the exclusive
Judgment and findings of the Board of
Directors thereof. This corporation shall
be a going concern and authorized to do
business, as soon as nfty (0Ul per cent
of the authorized capital shall be sub
scribed for, and at least fifty (5O) percent
of all stock subscribed for shall be
paid for. The capital stock of this cor
pOratiOn may be increased to five hun
dred thousand dollars $500, 00O.0O).
Article Iv-The domicile of this cor
pOration shall be in the City of New Or
leans, La, where all meetings of the
stockholders of directors must be held,
provided that with the written consent
of all the directors, valid meetings of the
directors may be held outside of the state,
or within the state, elsewhere than at its
domicile. Citation shall be served upon
the President, or in his absence or dis
ability, upon the Vice-President. and in
the absence or disability of the latter up
on the Secretary.
Article V-AiI the corporate powers of
this corporation shall be vested in and
exercised by a Board of Directors, four in
number, all of whom shall be stockhold-
ers, to be elected on the third Monday in
lJune of each year, commencing with the
third Monday in June in the year 1919,
with the understanding that the first
Board of Directors selected by the stock
holders and named in this charter, as well
as the first set of officers, as hereinafter
named shall hold Office until the third
Monday in June, 1919, or until their sue
cessOrs have been elected and qualified.
After the election of said Board of Di-
lrectOrs, as herein provided, there shall be
elected by said directors from their num-
Der, the officers of this corporation, which
are as follows: list: President, End: q
Vice. President, and Bird; A Secretary and
Treasurer which last two offices shall be
combined in one person. The Board OF
Directors may name and appoint an AS
sistant Secretary, who need not be stock
holder, as well as to appoint other agents
} and employees, who shall, respectively
have such power and perform such duties
as may be prescribed by said Board, and
who may be removed at the pleasure oil
the Directors.
fill all vacancies occurring in their num-
, Der, whether resulting from death, resig'
nation, or otherwise.
The first Board of Directors, and the
officers of this corporation shall be the
. following, and which said Board OF Direc'
ltors and officers shall serve until the cleo.
ton to be held on the Third Monday OF
. June, 1919 or until their successors are
, elected and qualified. The addresses Of
said directors and officers are set oppoS
, lite their respective names: William j.
Bank Bldg, Omaha, Neb. Frank ]. Trcka
Vice President, address: lO2y Mals9i
Blanche Bldg, N. o., La; Herman
Schroeder, Secty- Treas. address: Oman;
! Furay, Director, address: Omaha Nat
Bang Bldg, Omaha, Neb.
Article VI.-The annual meeting or th'
) stockholders of this corporation for tn
election of directors shall be held on thu
! third Monday of June of each year, com
: mencing with June, 1919, until which TIM
the officers and directors named in TIM
S their successors have been elected an'
S laualifed The election for said director
shall be by ballot, and the majority II
D lamount of the stock voting, snail elec
\ the persons for whom they are cast. Eaci
share of stock voted upon to be counte'
4 | for but one vote. Said stock, shall not d.
] ENTITLED to cumulative voting.
. The Board of Directors shall give a
least fifteen days notice by mail OF TN
election of said Directors, and shall ap
point one or more stockholders to presld
at such election. Any failure from an!
d cause whatsoever to elect directors on Tn
|, day named for that purpose shall not dls
: solve the corporation, but the director
land officers then in office shall hold owe
T until their successors are chosen an
lqualified.
Article Vino stakeholder shall eve
be held liable or responsible Tor the con
tracts, faults or debts of this corporation
e nor shall any mere informally in It's or
:, vanization have the effect OF renderln
r this charter null, or of exposing its share
s holders to any liability beyond the un
II paid balance due on the stock owned o
Article vIII.-The names and postonic
addresses of the subscribers to these al
v ticles of incorporation, and the number 9
!. shares of stock subscribed by each are a
VIM. J. Foye, Omaha Natl Blk. Bldg
!. IOmaba, Nebraska, 247 shares Frank .
Z Trcka, 1929 Maison Blanche Bldg, Ne,
!. Orleans. La, 1 share; Herman X. Schroeo
= or. Omaha NATL Blk. Bldg, Omaha, NJ
y braska, 1 share; Guy V. Furay, oman