The herald. [volume] (New Orleans, La.) 1905-1953, 1919-11-27
CHARTERS.
CHARTER OF SOUTHLAND LUMBER
AND TRADING COMPANY, INC.

on this thirty first day of OCTOBER, III INC
teen, before me, William Waller LUIS 90
Notary Public, in and for the PARISH oi
Orleans State of Louisiana, duly cohhis.
stoned and qualified and IN the presen i,
If the witnesses hereinafter named anu uh
dersigned, personally came anu aPpTta, 49,
tho Several nersons whose names are here
INTO subscribed, all above the iuii dse y.
majority, who severally declaIeu, c ma
avaiIing themselves of the laws OF tne s Seaos e
of Louisiana, and particularly ACT Eoi vi
1a14 relative to the organization OF cor,
porations, they have covenanted ana agreed
70 bind. form and constitute themselves,
oS we'll as all such other persons as may
haraaftar become associated with them,
into n CORPORATION and body polite in law,
for the objects and purposes and under
the articles, agreements and supulatlohs
following, tow1t:
ARTICLE 1.-The name, style and title
of this corporation shall be Soutnian9
Lumber and Trading Company, me, anu
nndar that name it shall have and enjoy
all the rights, advantages ana prlvneseSS
granted by law to corporations, ana snaii
Exist for the full term and period OF nine
ty-nine years from this day, It shall nave
nowar 70 contract sue and be sued; TO
make and use corporate seal, ana tne
same to alter and break at pleasure, 10
hold receive, lease purchase sell ana con,
yey, as well as mortgage, hypotheeate anu
nisdg nroperty real, personal and mixed,
corporal and incorporal; TO name anu APP
point such managers, directors, onIcers,
agents and other employees as IT'S interest,"
and convenience may require, ana TO make
and establish, as well as alter and amend
from time to time, such bylaws, rules anu
regulations as may be necessary ana eA,
pedient for the proper Ihahas en- amu
Government of the affairs of this corpora
ton.
ARTICLE 1.-THE domicile of this cor
noration is hereby fixed in the City OF New
Orleans, State of Louisiana, ana all cIta
tions or other legal process shall De server
unon the President of said corporation, OF,
in his absence, on the wee Ireslueh' VI
Secretary or Treasurer.
ARTICLE III.-The objects and pur-
noses for which this corporation is estaD-
lished and the nature or the business 70
he carried on by it are declared ana speci-
fed to be to purchase own noiu, SCI co..
mortgage, lease and ALLEVIATE, receive, &C
auire and deal in real estate, TIMBER ahus,
timber or any interests therein; TO engage
in logging operations; to operate anu anu
maintain sawmills, plants or factories
wherein wood logs and timber are manu-
featured altered or worked; to buy, sell,
export, import or otherwise zeal IN al,
sorts of timber and lumber products, 10
construct and operate tram roads IN con-
nection with and facilitate its logging OPP
erations; to own, charter and otherwise
operate steamships or sailing vessels OF
other water craft; to ACQUIRE, tease, COZ
storerooms and lumber yards; TO Duy anG
sell merchandise; to carry on genera
store or commissary; to conduct hoteis
boarding houses and lodging houses > u
act as agents, and generally to do ano
transact all things Complementary or In
cidental to any of the aforesaid objects anc
purposes.
ARTICLE IV.-The capital stock of thi:
corporation is hereby fixed at the sum o.
one hundred thousand ($1OO,OOOOOl dollars
to be divided into and represented by ONT
thousand Il OOO) shares Of the par value
of one hundred ($1OO.00) dollars each; sale
stock shall be issued only Tor cash anS
shall be paid for at such times and in sucf
installments as the Board of Directors MAY
direct. The capital stock of this corpora
tion may be increased to the sum OF ont
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 value, In pro
portion to the amount of stock then owned
by them At the signing hereof the sub,
scribers have subscribed to five hundred
shares of the capital stock of this corpor.
alton, and the present or future owners OF
said five hundred shares of stock are mere
by given the privilege OF purchasing tht
remaining five hundred shares of the cap
ital stock of this corporation at par In pro
portion to the amount OF STOCK owned IN s,, cS
stock No stakeholder shall ever sell OF
dispose of his stock without first offering
the same to the other stockholders, through
the Board of Directors, at its true BOOK
value, and the stockholders are to have
the privilege Of purchasing the said stock
at its true book value in proportion tc
the amount of stock then owned by them
according to the records of the corporation
the said offer of sale to be made to the
stockholders through the Board of Direc'
tors by written communication to the
Board Of Directors.
ARTICLE v.-Al the corporate powers
of this corporation shall be exercised by Z
Board of Directors consisting OF not lest
hon fbraa than STOCKHOLM
ers, a majority of whom, either present II
person or represented by proxy held D!
another director, shall constitute quorum
for the transaction of all business. TIT
Board Of Directors shall elect annual!
from their number a President, a Vic
President and a Secretary and Treasurer
offices Of Secretary and Treasurer and ma!
elect one person to hold both offices, o.
may elect a person who Is not stock
holder or a member of the Board Of Di
first Board of Directors shall consist o
four stockholders and shall be composed
of John Lewis Dantzler, Edgar Rollin
du Mont; John 9; Morris In and John hn. "
as President, John c. Morris as Vice Pres
ident, John w. Durel as Secretary AM
Treasurer. The pOstoffice addresses o
Dantzier, 1920 st. Charles avenue, New Or
leans, La; Edgar Rollins du Mont, 562
st. Charles avenue, New Orleans, La; Joh
MOTIFS, o0t walnut street, New orleans
La; John w. Durel $40 Spain street, Ney
Orleans, La. These directors shall serv
until the third Wednesday of October
1920 or until their successors have bee
duly elected and qualified. The annua
meeting of stockholders for the election o
directors shall be held on the third Wed
nesday of October of each year. unless sal
day be legal holiday, and then on tn
occurring among the directors by death
resignation or otherwise shall be filled b.
election for the unexpired term by tn
remaining directors. Each subscriber here
to sets after his name his postoffice ad
dress and statement of the number O
sha1Ns of stock which he agrees to TAX
Scorporation. At all elections ever,
der shall be entitled to one yot
share stock standing in hi
On the books of the corporation, I
east In person or by his written proxy
a majority Of the votes cast shall elect
ARTICLE Win the event of the liuui
dation or dissolution Of this corporation
the stockholders shall elect three liquida
tors from among their number at a meet
Ing convened for that purpose, after fit
teen (151 days written notice sent to eacl
stakeholder by mail to his last known adj
dress; said liquidators shall have the au
thority to wind up the business and affair
of this corporation. In case of the deaf
of hquidator, the survivors shall appoin
stakeholder as successor to him.
ARTICLE vII.-This charter NAV b
modified, changed or altered. or said cor
poration may be dissolved, with the assen
of stockholders owning two-thirds Of tn
n,Afw ttAy kAAr -