The herald., 1920-09-02
CHARTER OF SANFORD-BODGE LJM-
Der co, INC.


United States of America. stat" Of Lou
i>iaua. Parish Of Orleans city OF New Or
leans. T." IL known. that on this lst
day of July 1920. before me. Augustus -.
Williams. "a Notary Public, in and for tn"
above named parish and state. duly com
mis>ioucd and qualified, and in the pres
cHrc Of the witnesses hereinafter named
and undersigned. personally came and APP
prarcd. IN" several persons whose names
are hcrcunto subscribed. who declared that,
ayailiug Themselves of IN" laws and con
~titutiuu of the State of Louisiana, rela-
tiv" TO the formation Of corporations. and
especially OF act Pa of 1914. they do hereby
form themselves. their associates and sue
ccS>orS into a corporation under III" FOL
lowing terms and conditions, which they
hereby adopt as their articles of incorpOr-
alton or charter, tO-WIt:
ARTICLE 1.-The name and style Of this
corporation shall be Sanford Dodge Lum-
her Co. Inc. and under said name il shall
have corporate existence for ninety nine
C9D years from and after this date unless
sooner dissolved. its dOmiCile shall be in
the city of New Orleans. State of Louis
lana. and citation and all legal processes
shall be served upon the President. or. in
his absence, upon tn" Secretary of this
corporation.
ARTICLE H.-The objects and purposes
for which this corporation l. formed and
the nature OF the business To be carried
on 10y il are hereby declared To be: The
manufacture of lumber and other forest
products; dealing therein. either at whole
sale or retail ar on cOmmi>S sion dealing.
either at whOlrSals, sretail or on commits
sion. in all building material and mer-
chandisc of any and all characters: the
said corporation shall have power To con
tract. sue and be- sued to make and use
Il corporate seal. and the same TO break or
change at pleasure; to hold in fee or other
wise. receive. hypOthccate. pledge and sell
property. real and personal; to issue stocks
and bonds therefor; to borrow money and
TO issue notes or bonds therefor: to own
stock in other corporations. TO name and
appoint such managers. directors, officers
or agents as the interests of said corpora
ton may require. TO establish such by
laws rules and regulations for the proper
management Of the affairs of this cor
pOratiOn as may be necessary and proper.
the same 10 alter at pleasure, and genpr-
ally TO do and perform all such acts as
may be proper and necessary to carry out
and execute the purposes of this corpora
ton and TO exercise all powers conferred
on corporations by act 216 of 1914. or the
amendments thereto.
ARTICLE III.-The capital stock of this
corporation il hereby fixed at the sum of
one hundred thousand $500 OO0.0Ol dollars.
all of which shall be common stock. Said
stock shall be represented by one thOuS-
and shares of a par value of one hundred
tS1OOOOb dollars each. No stakeholder
shall have the right to dispose of his stock
until he shall have first Offered the same
20 the other stockholders. through the
Board of Directors of this corporation. and
the said stockholders. through said Board
of Directors. shall have the right for
thirty 500 days from the date of such
offer to purchase said shares at their book
value as shown by the balance sheet of the
last preceding month. and notice to this
effect shall be printed upon the face of