The herald., 1919-11-13
CHARTERS.
QUARTER OF SOUTHLAND LUMbhn
aSn TRADING COMPANY, INC.

on this thirty hrst gay VI yonn,, n
- before me William Waller houhe'
Sotarv Public in and for the PARISH VI
orIaans State of Louisiana, uul! co r"o
stoned and qualified, and III the Pr n
Of the witnesses hereinafter haIiIeu n nn rod
dersigned, personally came anu or hare
tha SEVERAL persons whose names are me- .
nnto subscribed, all above the iul as thot
maiority. who severally declared, c .nto
avaling themselves Oh r the Act 2s7 of
Ia14 relative to the organization Oh wi
norations they have coyenahteu anu ,si,,os
70 hind form and constitute theihseInoS,
veil as all such other persons as may
as Wen bacome associated with them,
into a corporation and body pontlc III IA"
FOR the objects and purposes anu uH ioes
tho articles, agreements ana slpuia'i0n'
following, towlt'
ARTICLE 1.-The name, style ana ti1ls
90 tbis CORPORATION shall be Southlan9i
on and Trading Company, Inc anu
nnder that name it shall have ana enyoS
oil the rights, advantages anu pr, nbaT
g-anted by law to corporations, anu inn
Set for the full term and period OF nllle
tHinine wears from this day. 1t shall ha.e
,rar to contract, sue and be SUED 70
make and use a corporate sc'l' anu 20
same TO alter and break at pi9asuI' ~
bold receive, lease purchase, sell ana con,
80 as we'll as mortgage, hypothecate anu
nIedpe property, real, personal anu Ii III,
corporai and incorporal; 10 naIle aa sioo az
noint such managers, directors, ;ntoraSt
"a convenience may require, ana 10 mdhe
and establish, as well as alter anu am am -
from time to time, such bylaws, rules anu
regulations as may be hecessaI! o az ond
Incident for the proper mahageIiienI a anu
pouarnment of the affairs of this corpora
ton.
,pTICIE 1.-THE dOmicie of this cor
noration is hereby fixed in the CltS oil Ne"
orleans, State of Louisiana, ana an 80
lions or other legal process shaH pe sei w
.lnnt nf
upUh ~" obsence on the Vice President or
Secretary or Treasurer.
ARTICLE Iu.-The objects and pur-
noses for which this corporation Is estap
iished. and the nature OF the BUSINESS Hsoo -
no carried on by it are declared ana speJ,i
fled to be to purcha n1ion om"' receive, ac,
,nuire and deal in real estate, TIMBER lahus,
timber or any interests therein 10 ehsasJ
ia logging operations; to operale .o anu
maintain sawmills, plants or factories
wherein wood logs and timber are manu-
featured. altered or worked; TO ,pu!, sen;
export import or otherwise ueal III az a.
sorts of timber and lumber prouustS ~
construct and operate tram roads III con
nection with and facilitate its logging OPP
eratious; to own, charter ana otherwise
operate steamships or sailing Vessels VI
other water craft; to acquire, lease, ,oSs
struct and operate warehouses;, SINUS,
storerooms and lumber yards; TO Duy anu
sell merchandise; to carry on genera
store or commissary; to conduct hoteis,
boarding houses and lodging houses y,
oct as agents and generally to do ana
transact all things Complementary or III
cidental to any of the aforesaid oD1ects anu
purposes.
ARTICLE Iv.-The capital stock of TINS
corporation is hereby fixed at the sum Oh
one hundred thousand (Sloo,oooVol I ~, .,,
TO be divided into and represented Dy one
thousand $1,000 shares OF the par NaIus
of one hundred ($1O0.00) dollars each; SAID
stock shall be issued only for cash anu
shall be paid for at such times ana IN sucn
instaIlments as the Board of Directors may
direct. The capital stock of this corpora
ton may be increased to the sum Oh one
million Isl, OO0, 100000 dollars. In the
event the capital stock of this corporation
Is Increased, the stockholders then OF rec
ord shall have the privilege of subscribing
to the new stock, at its par vaiue, III Pro,
portion to the amount or STOCK tnen owneu
by them. At the signing hereor the sup
scribers have subscribed to five hundred
shares of the capital stock of this corpor.
alton and the present or future owners vi
said five hundred shares OF stock are mere re-
by given the privilege of purchasing tne
remaining five hundred shares OF the cap
ital stock Of this corporation at par In pro-
norton to the amount of stock owned by
them at the time OF the issuance Oh soI suc or
dispose of his stock without first Oherlng
the same to the other stockholders, through
the Board of Directors, at its true DooK
the privilege of purchasing the said stock
at its true book value in proportion 10
the amount of stock then owned by tnem
according to the records of the crporatlon,
the said offer of sale to be made TO the
stockholders through the Board of D1rec-
tors by written communication to the
Board of Directors.
ARTICLE V.-All the corporate powers
OF. this corporation shall be exercised by
Board of Directors consisting OF not Tess
than three nor more than four stockhoia
ers a majority of whom, either present IN
person or represented by proxy held by
another director, shall constitute quorum
for the transaction of all business. The
Board of Directors shall elect annually
from their number a President, Vice
President and Secretary and Treasurer
The Board Of Directors may join the
offices of Secretary and Treasurer and may
elect one person to hold both Offices or
may elect a person who Is not a stock
holder or a member of the Board of d.
rectors for the office of Secretary. The
first Board of Directors shall consist OF
four stockholders and shall be composed
of John Lewis Dantzler, Edgar Rollins
du Mont John c. Morris and John w.
Durel, with the said John Lewis Dantzler
as President John c. Morris as Vice Pres
ident John w. Durel as Secretary and
Treasurer. The postoffice addresses OF
said directors are as follows: John Lewis
Dantzler, 1920 st. Charles avenue, New Or
leans La; Edgar Rollins du Mont, 562f
St Charles avenue New Orleans, La; John
c. Morris, 357 Walnut street, New Orleans,
La John w. Durel, $40 Spain street, New
Orleans, La. These directors shall serve
until the third Wednesday of October,
1920 or until their successors have been
duly elected and qualified. The annual
meeting of stockholders for the election of
directors shall be held on the third We'd
nesday of October of each year, unless said
day be legal holiday, and then on the
next bank day thereafter. Any vacancy
occurring among the directors by death,
resignation otherwise shall be filed by
election for the unexpired term by the
remaining directors. Each subscriber here
to sets after his name his postoffice ad-
dress and statement of the number of
shares of stock which he agrees to take
In the corporation. At all elections every
stakeholder shall be entitled to one vote
for each share stock standing in his
name on the books of the corporation, to
be cast in person or by his written proxy.
majority Of the votes cast shall elect.
ARTICLE Win the event of the liqui-
dation or dissolution of this corporation,
the stockholders shall elect three liquida-
tors from among their number at meet
" convened for that purpose, after fif-
IN l15) days written notice sent to each
pckhoider by mail to his last known adj
ress; said liquidators shall have the au-
thority to wind up the business and affairs
OF this corporation. In case of the death
OF liquidator, the survivors shall appoint
stoekholder as successor to him.
ARTICLE VII.-This charter NAV he
modified, changed or altered or said cor
poratfon may be dissolved with the assent
OF stockholders owning two-thirds Of the
entire capital stock, at a general meetina