The herald., 1919-11-20
CHARTER CT THE AMERICAN LUMBER
& BOX COMPANY, INC.

& BOX COMPANY, INC.
United States of America, State of Louisi-
ana, Parish OF Orleans. Be it known, tn II
of our Lord one thousand nine hundred and
nineteen and OF the Independence of the
United States of America the one hundred
and forty-fourth before me, Augustus q. Will
liaIns, a notary public duly commissioned
and qualified in and for the Parish OF Or
leans. City of New Orleans, and therein
residing and in the presence of the witnesses
hereinafter undersigned, personally came and
are hereurto subscribed who severally e
clared that availing themselves Of the Pro-
visions of the laws of the State of Lousi-
ana relative to the organization and torma-
ton OF corporations they do, by these pre-
sents, Tor themselves, their associates, sue
cessors and assigns, as well as for such
other persons who may hereafter become
associated with them, form and organize
under the laws of the State of Louisiana, 4
corporation for the purposes and under the
stipuations and agreements hereinafter set
forth and expressed, which they hereby
adopt as their charter or articles of incor-
poration, to-wit:
corporation shall be American Lumber &
Box Company, Inc.," and under that name
it shall have and enjoy corporate existence
and succession for the term of ninety nine
This corporation shall have power and auth
GRITTY to contract sue and be sued in its cor
porate name; to make and use corporate
seal; to hold, receive, hire, and purchase
real and personal property and to sell mort
gage and pledge the same: to borrow money
and issue bonds, notes and other obligations.
All citations and other legal process shall
be served upon the President and in the case
of his absence or inability to act from any
cause, the same shall be served upon the
Secretary-Trea Surer.
ARTICLE 1.-THE domicile of this cor
poration shall be in the City of New Orleans,
State of Louisiana.
ARTICLE III-The object 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 manu-
facture and to buy and sell lumber, boxes.
box shocks, veneers, shingles, timber and
logs, and all timber products, for domestic
sale export; and in connection Herewith
TO purchase, rent, or otherwise acquire and
own and operate box factories, veneer, saw
and planning mills, and to construct CT other
wise acquire and operate and use railways,
tramways, and all the rights of way for
the transportation of boxes, shocks, veneer,
logs, lumber, shingles, and other timber pro-
ducts, and other articles; to buy, rent, or
otherwise acquire timber and other lands, and
to acquire and hold lands for the use of
saw mills and timber yards, and to buy
or otherwise acquire timber rights on lands;
to purchase, rent or otherwise acquire and
craft for the transportation of boxes, shocks,
veneer, logs, lumber, shingles and other tim
Der products and other articles; and gener-
ally to do and perfom any and all things
incidental or appertaining to said object
ARICLE IV-The capital stock of this cor
poration is hereby fixed at the sum of Five
Thousand ($50O0OO Dollars, divided into
dred $4,000 Dollars each, which shall be
! paid for in cash in such installments and
at such times the Board of Directors may
direct. The. amount to which the capita
dred Thousand (sloOOoO.oO Dollars.
| One-half 90 of the authorized capita
stock of Five Thousand (s5OOO0O Dollars
shall be subscribed for before the filing
Of the articles OF Incorporation, of which
| fifty go per cent? percent shall be paid II
| cash before the corporate engages in bust
| ness. and the remainder within twelve az
months. The remainder of the authorized
capital stock may be issued at any time by
the Board of Directors for money or property
actually received, or labor done for the cor
| poration. upon such terms and condition!
| as the Board of Directors shall deem proper
| All transfers of stock shall be made on III,
| books of the company on the surrender o
| the outstanding certificates and pursuant
| to such rules as the Board of Directors ma,
prescribe. No stockholder Shall lhave tn.
| right to sell or otherwise dispose of his stool
without first offering it to the other stock
holders through the Board of Directors 70
thirty days at its book value, for cash; ant
all stock shall be held subject to this pro
vision, and every sale, pledge, encumbrance
| or other disposition of said stock shall b.
made subject to this provision of the charter
| The board of Directors shall have the pow
er to receive subscription for and to issu
| all stock hereafter subscribed for; but al
such stock and any increase thereof mus
| first be- offered to the existing holders AM
owners of stock at the time of such issuanc
! in proportion to their respective holdings.
| ARTICLE Vail the corporate power
of this corporation shall be vested in an
! exercised by Board of Directors com
posed OF not less than three, nor more tha
| five stockholders the number to be deter
mined by the stockholders at their annua
meeting, but the first Board of Director
shall consist of three stockholders, two Q
whom shall constitute quorum tor tn
transaction of all business. They shall b
vested with full power and authority I
make or authorize all contracts, purchase
and sales and adopt all bylaws, rules an
regulations for the government of the busi
ness and affairs of the company, and aite
and amend the same, appoint, hire and dis
charge all officers, agents and employees, II
all salaries and generally do and pertori
all things necessary in the transaction OF tn
business and affairs of the company. Sal
Board shall fill all vacancies which sha
occur in their number. The Board of Director
hereinabove provided for shall be electe
annually at a meeting of the stakeholder
to be held on the Fourth Tuesday in Januar
of each year, beginning on the Fourth Tue
day in January, 1921, and the Directors
elected shall hold their offices until the
successors are duly elected and qualifie.
and the said Board of Directors at thei
first meeting after their election, shall ele'
from their number the officers of this co
poration. All elections shall be he
at the office of the company under the supe
vision of two commissioners to be appointe
by the President. All corporate election
shall be by ballot, and majority of the vot'
cast shall elect. and each share of stoe
, shall be entitled to ole vote. to be ca
either in person or by proxy. Written mott.
of all elections shall be given to the stoc
holders by the Secretary, at least ten da.
prior to all elections, said notice TO be SCI
by mail, postage prepaid, to the last adore
Of each stakeholder as shown by the books
the corporation. :,
> The first Board of Directors under tn
charter, who shall hold their offices uni
| the Fourth Tuesday in January. 1921, sha
. consist of the following stockholders al
the following officers, to-wit:
P. RI. Hogan, 223 So White St.. New 9
. leans, La, President, John Dymond. Jr, IL
, Maison Blanche Bldg, New Orleans L
! Vice President, A. c. Billet: 8A Audub
St. New Orleans, La, Seoty-Treas.
I These Directors and Officers shall co
tiuue to hold office until their successo
are elected and qualified.