The herald. [volume] (New Orleans, La.) 1905-1953, 1919-12-18
ACT OF INCORPORATION OF THH
JEFFERSON PRODUCTS COM
PANY, INC.

United States of America, State of Lou
iSiana, Parish of Orleans, City of New
Orleans. BE it known, that on the 31st
day of the month of October, in the year
of Our Lord one thousand nine hundred
and nineteen, before me. Charles +.
Fletchinger, a notary public. duly com
missiOned and qualified in and for the
city of New Orleans, Parish of Orleans.
State of Louisiana, therein residing, and
in the presence of the witnesses herein
after named and undersigned, personally
came and appeared the several persons
whose names are hereunto subscribed, all
of lawful age and all residents of the city
of New Orleans. State of Louisiana. who,
availing themselves of the laws of the
state of Louisiana. particularly of Act
26T of the General Assembly of the State
of Louisiana for the year 1914, relative
to the organization of corporations, state
that they have cOvenanted and agreed and
do hereby covenant and agree to form
themselves, as well as such persons who
may become associated with them or sue
coed them, into a corporation, for the OBJ
jects and purposes and under the follow
ing articles, to-wit:
ARTICLE 1.-The name of this corpora
ton shall be jefferson Products Company,
Inc. and under said corporate name it
shall have succession for n1nety-nine
years, unless sooner dissolved, and shall
have power to contract, sue and be sued;
to make and use a corporate seal, the
same to alter or break at pleasure: TO
make all necessary rules and regulations
for its corporate management and con
troll: and il shall have and enjoy all the
rights, privileges and immunities which
are now or may hereafter be granted TO
corporations of the same kind and char
acter.
ARTICLE 1.-THE domicile of said cor
poration is hereby fixed in the city of
New Orleans, State of Louisiana, and all
citations and other legal process shall be
served upon the president of said cor
poration, and in case of his absence, upon
the secretary or treasurer.
ARTICLE III-The objects and purposes
for which this corporation is organized
are declared to be: To do timber land
and general lumber business in all of its
branches; to purchase. lease, option. To-
cate or otherwise acquire, own, exchange,
sell or otherwise dispose of, pledge. mort
gage. hypOthecate and deal in lands, tim
Der lands, real estate, water and water
rights, and to work, explore, operate and
develop the same; to erect. build, repair,
maintain, purchase or otherwise acquire,
own, exchange, sell or otherwise dispose
of. saw mills, saw mill sites. to control,
maintain and dispose of the same, or any
rights therein or hereunder, and to man
ufacture own, sell and otherwise dispose
of all lumber, lumber products, logs,
cross ties and timber of all and every de-
scriptiOn: to acquire and deal with water
and water rights; to improve lands for
general and special purposes. to acquire
and operate plantations, factories and re-
fineries and to sell and lease the same
to purchase sell, lease and operate grain
elevators, canning factories, warehouses,
stores and commissarieS, and to operate
switch tracks, railroads, barge and boat
lines in connection with any of the OBJ
jects and purposes for which this corpor-
alton is formed; to own, handle and con,
troll letters patent and inventions, and
shares of stock of other corporations, and
to vote the stock owned by 1t the same
as a natural person might do; to issue
bonds, notes and other evidences OF in
debtedness and to secure the payment OF
the same by mortgage, deed OF trust, or
otherwise; to act as agent, trustee, broker
or in any other fiduciary capacity and to
borrow and loan money; and generally to
do and perform such acts and deeds and
| transact such business as may be incl
dental or germane to any of the objects
and purposes herein set forth.
ARTICLE Iv-The capital stock OF
said corporation is hereby fixed at the
divided into one hundred shares of the
par value of one hundred (S1OO dollars
| each, all of which shall be common
stock and the same to be issued for cash
or in payment of property or services
actually received by or rendered TO the
corporation.
AT all meetings of stockholders, each
| for each share of stock standing in his
| name, said vote OF be cast in person or
| by written proxy.
The parties hereto declare that they
have subscribed for the number of shares
| of the capital stock of the said corpora
| ton set opposite their respective names
| so that this act of incorporation shall
serve as an original subscription.
No transfer of stock shall be binding
| upon this corporation unless made and
| recorded upon its books.
The amount to which the capital stock
of said corporation may be increased is
| hereby fixed at the sum of one hundred
thousand (s100000) dollars.
ARTICLE v-No present or future
holder of common stock shall ever sell
| assign or transfer, other than by inheri-
| lance, any of the capital stock of this
| corporation until the same shall have
| first been offered in writing to the re-
naming holders of stock for the benefit
| of those who may desire to purchase tn:
same though the Board of Directors, fol
period of ten days at a fixed value. II
shall be the duty Of the Board of Di
| rectors promptly on receiving an Offer
| Of sale of any Of the stock Of the corpora