The herald. [volume] (New Orleans, La.) 1905-1953, 1919-10-30

nineteen and of the Independence of III
United States of America the one hundre
and forty fourth before me, Augustus G. Wi
lialns, notary public duly commissions
and qualified in and for the Parish of Or
| leans. City of New Orleans, and thereii
residing and in the presence OF the witnesse
| hereinafter undersigned, personally came an,
! appeared the several persons whose name
are hereurto subscribed who severally ,e
| clared that availing themselves Of the FRO
visions OF the laws OF the State of Louisi
ana relative to the organization and forma
| ton of corporations they do by these pre
cessors and assigns, as well as for suci
| other persons who may hereafter becom,
| associated with them, form and organic
| themselves into, and constitute themselye
| under the laws OF the State of Louisiana,
corporation for the purposes and under tn,
stipulations and agreements hereinafter Sc
forth and expressed. which they hereby
adopt as their charter or articles of incor
poration, to-wit:
ARTICLE 1.-The name ana title of this
corporation shall be american Lumber &
Box Company, Inc and under that name
it shall have and enjoy corporate existence
(9D years from and after the date hereof
This corporation shall have power and auth
GRITTY to contract sue and be sued in its cor
porate name; TO make and use a 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 Treasurer.
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
Nv har
tacture and to buy and sell lumber, boxes,
box shocks, veneers, shingles, timber and
logs, and all timber products, for domestic
sale or export; and in connection Herewith
to purchase, rent, 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
logs, lumber, shingles, and other timber pro.
ducts, and other articles; to buy, rent, or
acquire timber and other lands, and
to acquire and hold lands for the use of
or otherwise acquire timber rights on lands;
to purchase, rent otherwise acquire and
operate barges, STEAMBOATS,, and other water
craft tor 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
and purposes
Poration is hereby fixed at the sum of Five
i thousand oS5OOo0O Dollars, divided 6nto
iifty (Sl shares OF par value of One Hun
dred $4,000 Dollars each, which shall be
At such times as the Board of Directors may
nirect. The, amount to which the capital
stock may be increased shall be One Hun
iTed THOUSAND Gloo.ooooo) Dollars.
,socI NJ 90 of the a1thSTaed capital
shall be subscribed for before the filing
u the articles of Incorporation, of which
ifty go per cent? percent shall be paid in
ASH before the corporation engages in bust
less,, and the remainder within twelve Q2)
months. Tbs remainder of the authorized
,apital stock may be issued at any time by
ne board of Directors for money or property
Ictuaily received, or labor done for the cor
'oration, upon such terms and condition.
IS the Board of Directors shall deem proper
MI transfers of stock shall be made on the
looks OF the company on the surrender of
ne outstanding certificates and pursuant
such rules as the Board of Directors may
prescribe. No stocIholder shall Jhave the |
ight to sell or otherwise dispose of his stock |
without first offering it to the other stock |
o through the Board of Directors for
hirty days at its book value, for cash: and |
II stock shall be held subject to this pro
lsion, and every sale. pledge, encumbrance |
other disposition of said stock shall be |
u, subject to this provision of the charter. |
he board of Directors shall have the now.
:, to receive subscription for and to issue
II stock hereafter subscribed for; but ali
uch stock and any increase thereof must
rst De offered to the existing holders and
wners of stock at the time of such issuance
proportion to their respective holdings.
ARTICLE Vail the corporate powers
this corporation shall be vested in and
xereised by Board of Directors COM
We stockholders the number to be deter.
lined by the stockholders at their annual
eeting, but the first Board of Directors
1 hnl consist of three stockholders. two of
ansaction of all business. They shall he
ested with full power and authority to
axe or authorize all contracts purchases
"a sales and adopt all bylaws, rules and
gu suiaslons ior the government of the bust
ID amend the same, appoint hire and dis
large all officers, agents and EMPLOYEES. fix
! salaries and generally DO and perform
things necessary in the transaction of the
isiness and affairs of the company. Said
oard shall fill all vacancies which shall
cur in their number. The Board of Directors
provided for shall be elected
'I ha az a meeting OF the stockholders
eacn year, beginning on the Fourth Tues
y IN January, 1921, and the Directors so |
eeted shall hold their offices until their |
. $50 are duly, elected and qualified,
st meeting after their election, shalt elect /
I'm their number the officers of this cor
ration; All elections shall be held
tne office of the company under the super
''on OF two commissioners to be appointed H
the President. All corporate elections
all be by ballot, and majority of the votes
81 snail elect. and each share of stock
an an pc entitled to oac vote. to be cast
ne, IN person or by proxy. Written notice |
an elections shall be given to the stock.
lders by the Secretary, at least ten days
or TO all elections. said notice 70 be sent
mail, postage prepaid, to the last address
each stakeholder as shown by the books of
corporation.
The first Board of Directors under this
arrer, who shall hold their offices until
Fourth Tuesday in January, 1921, shall
isist of the following stockholders and
!, following officers, to-wit:
:. H. Hogan, 23 So. White ST., New Or
ms. La, President John Dymond, Jr, 1909
lison Blanche Bldg, New Orleans La,
&c President, A. c. Billet. s34 Audubon
:, New Orleans, La. Secty-Treas.
-hese Directors and Officers shall con-
ue to hold office until their successors
elected and qualified.
failure to elect directors at the annual
citing shall not dissolve or affect the cor
alton, nor impair its management in any
Pect. but the Directors and Officers in
ice shall remain in office until their |
SCISSORS are elected and qualified ANY
rnber OF the Board of Directors NAV appoint |
other director his proxy to act in his
&c and stead at any meeting of the Board, |
proxy being IN writing and signed b,
h absent Director
-RTlCLE V.-This act of incorporation NAV
modified. changed or altered. or said
poration may be dissolved with the as
{ OF two thirds (2-0 of the capital stock
standing at a meeting of the stockholders
vened for that purpose, and after thirty