The Morgan City daily review. (Morgan City, La.) 1916-1920, 1919-03-03
CHARTER OF GOTTEN BROS.
SINGLE CO., INC.


Herbert M. Gotten of Morgan City
La.
Albert NJ. Gotten of Morgan City
La.
William NJ. Gotten Jr., OF Morgan
City, La.
who severally declared unto me, No.
tary, that availing themselves of the
particularly OF the provisions of Act
! 267 OF the General Assembly for the
year 1914, they had and DO by these
presents, covenant. agree, bind and
organize themselves, and those who
may hereafter become associated
with them, as corporation and body
polite under the following terms and
conditions constituting their charter.
ARTICLE l.
The name of this corporation shall
! be GOTTEN BROS. SINGLE co.
! INC, under which name it shall have
| corporate existence ana succession
| for the period of ninety-rine (99)
! years from the date hereof, unless
| sooner lawfully dissolved.
ARTICLE II.
! The purpose for which this corpo-
| ration IS formed is.
To manufacture, acquire, buy, sell,
or otherwise dispose OF shingles and
other wood products; TO buy, build,
| lease, hold, or otherwise acquire shin
gle mills. sawmills, or other wood
MANUFACTURES of any kind, to operate
the same, to own and operate all &C
cessories thereof to the fullest extent
| and to sell and dispose OF the shin
giles, lumber or other products; to
buy, hold, lease, or otherwise acquire,
hold, operate, improve, develop, sell,
or otherwise dispose of lands, tene-
ments, timber, or other property, real
personal or both; to loan money in
Cldental to or accessory 10 the con-
duct of its business, ana to accept
pledges, mortgages or other security
therefor; to borrow money, issue
notes, bonds or other evidences of in
debtedness, and to secure same by
mortgage, pledge or otherwise; and
generally to have such powers and to
do and perform all such other acts,
whether directly enumerated or not,
and as may be permitted by law, to
be embraced within the purview of
one corporation holding the powers
set out above, as we'll as to do, have
and perform all acts necessary or in.
cidental to the enumerated powers.
ARTICLE III.
This company shall have power in
its corporate name to contract, sue
and be sued; to make and use cor.
porate seal and the same to break or
alter at pleasure; to acquire property
OF all kinds by any means whatso-
ever; or, to hire or lease the same, to
hold, use or otherwise dispose OF
same, as it may elect, as we'll as to
mortgage, pledge or hyporhecate the
same, subject only to such limitations
as may be prescribed by law; and in
general to do and have power to per-
form all AMI any acts of whatsoever
kind, incidental or usual to corpora
ton.
In all matters not specifically pro-
vided for herein, this corporation
shall be deemed to have, possess. and
exercise any and all other further
powers as may be given 1t by sale
Act 267 of 1914. Or Other laws of this
State.
ARTICLE ~.
The entire and full corporation pow
er OF this company shall be vested in
the Board Of Directors, consisting OF
three members; elected at the annual
stockholders meeting; SAID Board or
Directors shall elect a President, a |
Vlce-president and a Secretary
Treasurer from among their number,
together with such managers and SD
coordinate officials as in their iude-
ment may be necessary, all of said Of
Ulcers and subordinates to nave such
powers as said Board may delegate
to them by general bylaws, or spec.
lal resolutions, and to hold their of. |
trees at the pleasure Of the Board OF |
Directors.
Directors may for single meeting |
grant their proxy to any stockholder !
or other director. Vacancies in the
Board shall be filled by the remain.
ing members. (!
Until the first stockholders meet
ing in 1920, the Board of Directors of !
the Company shall consist Of
Herbert M. Gotten i
Albert No Gotten.
William M. Gotten Jr.,
which Board shall meet Immediately
after the adoption of this act Of in
at the domicile of the
company and elect the officers for
the remainder of the business year.
ARTICLE v.
The annual stockholders meeting
shall be held on the first Monday
after the first Tuesday OF January OF
each year, after due ano regal notice,
at the domicile of said company,
which meeting shall elect the Direc-
tors for the ensuing year, as we'll as
any other business of said
corporation coming before it.
Each stakeholder shall be entitled
to one vote for each chare of the cap
ital stock held by him IN person, or
by proxy, provided, however, that
each and every stakeholder shall al.
SO have the right at their optior IF
voting in the election OF
said Directors.
ARTICLE VI.
The domici1e of this company is
hereby fixed at Morgan City, Parish
IF St Mary, State OF Louisiana
where all legal process shall be serv~
ID, as provided by law.
ARTICLE VII