The herald., 1920-11-25
CHARTER.
CHARTER OF sULCLO FOREST FRO
DUCTS COMPANY. INC.

I-,i,.d States Of America. state Of Lou
iei.nn CITY of New Orleans, Parish OF or
leans BE il known. that on tnI@ ''h OH.
of the month Of October III ths var "'
- ord nineteen hundred mad twenty.
Tto-a me Warren V. Miller, a duly com.
.U,issioned qualified and acting notary
nnbIic. i'm and for the Parish OF orleans
state Of Louisiana, ana IN tne pItS."',. '
the hereinafter named and Nud'rStSH'l
,rit,esses personally came and appeared
IN. several persons whose names ar" mere.
unto subscribed and sey"riliy dr'ilT'H
that awaiting themselves and tho~" 'h'}
t,asent as well as those who may here.
aftar bpyome associated with them. ol inc
general laws Of the stat" OF LOUISIANA lh
such cases made and provided tA"S nave
formed and organized. and by tines" pres
me- form Themselves. as well a. th0~" they
rrnresent and such others as may hereafter
become associated with them into "a cor
poration aud body polite III law Tor the
object and purposes IN the following t'
tiri.S set forth and expressed, which they
adopt as their charter.
ARTICLE THE name and title OF this
CORPORATION is and shall be Sulc!p E"T'S'
Products Company, Inc aud II Shail "\-
list and enjoy succession 10y Us r0IP'r.l'
name for a period of ninety nine l"') Year,
from the date hereof with al! IN" nights.
privileges and powers now OF L't'"l.''
conferred by law upon trading tofpnta-
tious It's dOmicile shall Toe IN the 'li\
nf New Orleans and ali citations and legal
services shall be made upon the President
and. in the event of his inability 10 act
etc upon the Vice President OF secretary
in the order named.
Article 1.-THE capitai stock Of this
IcorpOrptiOn is hereby fixed mt the sum oi
ten thousand dollars tSlVVOVVl; an OF
which shall be divided into ana rrpT'
sented Ia one hundred (lOOJ shares OF IL"
mar value. of one hundred dollars SiVo.Wl'
each stock may be paid for In money IA
| services rendered the corporation, or IN
| property regularly transferred to the cor
EOration, all as shall be determined Uy the
| Board OF Directors.
| ARTICLE II.-The objects and pur-
poses for which this corporation is organ
| lied aud the nature OF the business 10 be
| conducted by il are declared to be the
buyiug selling, leasing, operation OF, ana
otherwise dealing in, either as principal
or agent, lands, timber, lumber, iuei,
piling, veneer. mill work. and wooden ware
and such other articles as are ordinarily
| sold or used IN conjunction herewith III
Guiding articles manufactured out Of same
| 10 operate and maintain saw mills, pan
| ing mills, veneering mills, ana 10 90 4
| general saw mill and wooden ware Ousi-
! ness, including all kinds OF wooden pro
| ducts: to operate turpentine and retort
| plants; to operate and conduct a general
| mercantile business, and to buy ana SCI
| merchandise of all kind; 10 own tease
| construct and operate tram roads, prlNdt'
| railroads bitches, canals, steamboats,, to-"
boats and barges and i'll general 10 DO and
perform and engage in any business mel
dental to, requisite or connected with th'
operation of any of the businesses above
mentioned or such other business as not
contradictory to the above set forth OBJ
jects.
| ARTICLE IV.-The corporate powers o.
this corporation shall be vested i'll a S0ar'
Of three CD Directors, a majority OF whom
shall constitute a quorum for the transac
ton Of business. Absent Directors may
vote at any meeting of the directors d!
proxy in writing to any other Dlrecto
att pla m
Board Of Directors of this corporation
shall be composed of W. \. sullivan, J. /
Clolinger and +. W. Schluter, with ".
sullivan as President and Treasurer, J. i
| CIolinger as Vice President, and +. W
SchIuter as Secretary; the said officers AM
directors shall serve as such until the sec
ond Monday in January, 192s, or unit
their successors are duly Qualihed an
elected. Meetings Of the stockholders TO
the election of Directors shall be he'll
yearly on the second Monday In January
beginning with the year 1928. The Boar
Of Directors shall have the right to cleo
without reference to a stockholders meet
ling, any stakeholder to be Director
whenever a vacancy shall exist on IN
Board of Directors through death or res
lignation.
ARTICLE V.-The corporate powers {
this corporation are expressed and So
forth by Section Seven "a of Act 267 {
the year 1914, and shall be duly employe
by and through the Board of Director
/
| set forth in the bylaws. which will b
adopted by the Board OF Directors, an
lamended or altered at their will; and the
shall have the right to employ, under col
tract or otherwise, a General Manager, VIII
may or may not be a member of the Boar
of Directors. as said Board of Director
tmay determine, and which said Generi
Manager shall have such duties as the sal
officers may delegate to him and who's
compensation shall be fixed by the Boar
| OF Directors.
ARTICLE Wit is further a part
mutual agreement under which the stool
holders herein have entered into this co
operation and which Is made a bindiI
covenant between them, each covenantin
contracting and binding himself, his heir
Iassigns, administrators, associates and SUI
tcessors that each and every stockhold
lbefore being allowed to make any sale
stock owned by him in this corporate
to any person except one already stoc
holder of this corporation, he shall of
same to the stockholders then of record
La price not to exceed the value thereof,
determined by the books Of this corpor