The herald., 1918-01-24
CHARTER.
CHARTER
ORT LEON LAND & TIMBER COMP
INCORPORATED

| L,
INCORPORATED.
United States of America, State of Louisi-
| ana, Parish of Orleans, City of New
| Orleans.
| Be it known, That on this 18th day of the
4 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, 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 here
unto subscribed, the first four of whom ere
| residents of the City of New Orleans, and
| the last of whom is 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-
1 ton Of this State, relative to the organiza
\ ton of corporations, they have contracted
and agreed, and do by these presents, con-
| tract. agree, and bind and obligate them
| selves, as we'll as such persons as may here
| matter become associated with them to
| form and constitute body politic 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 10 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 as 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
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,
II
| 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 untimbered, and real
estate of every description; to buy, sell,
receive, hold rent, lease, suitcase, mortgage
and hypothecate, and otherwise acquire ana
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 a live
| stock farm, and to buy, sell and deal in
l 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 Tor the use OF TINS
corporation or for lease or tor 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 or steel; to build,
maintain and operate lumber yards ano
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
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 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 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 QOO)
shares, of the par value of Fifty Gso.0o)
Dollars per share, which shall be ayable
in cash, or may be issue in payment of prop
erty purchased by, or for services rendered
| II. the corporation.
The capital stock of this corporation may
| be increased by vote of three fourths oil
stockholders called for that purpose, in the
4 same manner as provided for the election
of directors, and after giving Q0 hfteer
days notice prior to said meeting.
this corporation shall be vested in, and ex
ercised by, a board of FIVE directors, each Of
| whom shall be a stakeholder of this corpo
ration, three of whom shall constitute q
quorum for the transaction of all business
and a majority. vote at all meetings shall
decide all questions voted upon. Said direc
tors shall be elected annually from amons
the stockholders, on the third Monday o.
December of each year; the first Board O.
Directors and the officers thereof, shall b,
George G. Earl, President w. S. Bender
Vice-President, Meyer Eisemen, Secretary
Treasurer, and LIP NJ Dalgarn and c.
Gelbke, directors; and the said officers Cnt
directors shall hold Office until the thir'
Monday of December 1918, or until thei
successors shall have been duly elected ant
| qualified All meetings for the election o
directors shall be held only after ten days
Written notice thereof shall be given in writ
ing, mailed to each stakeholder at his las
known place of residence, and It all sucl
meetings, each share of stock outstandin
shall be entitled to one vote, and a majorit,
| I'll aa1 ,uhsr