The herald. [volume] (New Orleans, La.) 1905-1953, 1920-04-22
CHARTER.
-1p waDEsBORO LUM-
<pIss ot COMPANY. INcOk-
BEE PORATED.

:, America, state Of Lou
.sd stare ~ orleans, City or New
Ptnsn known that on THIS 'entn
ssps Dc ntb Of February. In tne year
y q ne "a nine hundred anu t"euLS'
y sssussnIIa hn X. Upton, a notary pun
Eve ne ,or this city ana .ne Pa',sn
30 sna state of LOUISIANA nnsIifiaS
ofl''SSiy commissio.nseuu illnesses Scr. here
Ga the and undersigned, person
gs,r nsmeS snpeared, the several per
y cane sss nes are hereunto suDscrln-
y. vhos I'D TO me, notary, that avail
no declaO az the provisions OF the
= hsnse.s tste relative to the orSam-
= q THIS Creations. and more espec-
80 Of cos ~ Of 1914. they have cove
n Ae' greed. and by these presents
I'D an9 snd agree for themselves
Z prepsn. and assigns, TO form
~ su,.fo a corporation ana pouy
s&slse ne objects and purposes, anu
- Ne stipulatiohs He' ''''''''
Ia o,sit: 81 .;,,o ~ this
. TEI-The name ana ,ISie ,
~ shall be the "ADho DID,
81 s4S..cOMPANY, M, ana unu Ie
40 n shall have ana e3JOs ;no
i xistence for period or nine
- tsom the date hereof unless
- Ia II shall have power and
~ Sow un,ract. sue and be sued;
61 70 ,ss a Corporate seal, the
anu and alter at pleasure; to
IT, sell, lease. mortgage, ny
~ hoa, Triedre property. real or per
.aAfsie W ,xs5 necessary proper or IN
30 Or The carrying on of its bust.
d3satil w vi ss 10 issue bonds secured
- ,nrtgage; to make and issue
y nch otber certificates OF indebted
~ sns zane elect and appoint man
~ wg.srtors. clerks or other employees
fsnss,iy conduct its corporate ousl,
. p' Va 10 make such bylaws, ruies anu
- nv a. NAV be necessary or ROUND
rfuinens ,he management of the bust
kirpis .sfsirs of this corporation. and
- $40 40 every other act, matter
esetH ..eoSsary or desirable for the
fiins nd proper carrying out or SAID
,snpleie she
1.-THE domicile of this cor
WlleLsh an be In the city OF New
paiilsn .ssta of Louisiana, where all ci-
0rsahs otbqr legal process shall be
nuoss , ~ the president. or in his alb
gvts ep,h a. vice-president, or in the alb
ssr both upon the secretary.
s-,crr UI.-The objects and pur-
Akir ~, which this corporation is or
vsss W VA the nature of the business to
nr'ro "a" an nv IL are hereby declared
y uIS N be the manufacture, and to
90 va sell veneer. lumber. shingles,
" NV ,ags box shocks and wooden
nnpa, N ali kinds, and all other tim
.as,rfs. for either domestic, sale or
md TO that end purchase, lease or
hss,.. acquire and operate veneer
~ ~. Nor factories and saw-mllis In the
~, a Louisiana. and elsewhere; 10 con
.eaulre and use railways, tram
s ~ other roads or right of way for
INCARCERATION of veneer. boxes, shocks,
49,. timber. logs and other products
ls,se and otherwise acquire tim
n..as and timber rights on land, and
N.s-rir. lease. hold, and buy lands for
80 Al saw mills and factories and
ards. in the state of Louisiana,
..ybere. 10 acquire by purchase,
- !, otherwise. patents and inventions
~ sisht be used for the purposes OF
=. srs;uess Of this corporation; and
....v,llv to do and perform any and
n tbiprs necessary or convenient TO carry
: ola objects and purposes.
,RrIcLR Iv.-The capital stock of this
..r.srsfion Is hereby fixed at the sum OF
,ssufv-fiye thousand ($25,OOO.OOl dollars
l,dd into two hundred and fifty (2JOl
S,rss Of the par value OF one hundred
faeaN dollars each, provided, that the
'-.~.t m which the capital stock of this
..,,sr,fiou NAV be increased shall b'
~ thousand $50 OO0.00) dollars, or five
s,r.,ed 200, shares, of the capital stool
y ttis corporation must be subscribed
s,srs the filing of the articles of incor
,s,,flan The subscribed capital stock o
N corporation shall be payable in cash
,esusrty (real or personally, for labor anC
pgs,eps rendered and performed.
IA uoekholder shall ever be held liabl
a responsible for the faults, contracts o
lhts Of this corporation in any furthe
am than the unpaid balance due tn
,srpoystjep on the shares of stock sub
ribbed By him, nor shall any mere in
frnaity In organization have the eff
M Of rendering this charter null. or o
exposing any shareholder to any liakilit,
sAsiseever.
his corporation shall not engage Il
sxinse Until two hundred (20O shares
twenty thousand CSC, 100000 dollars o
d capital stock shall have been issue
/ nd paid In, In cash or for property. o
n rash and property, and If any stoc
tbs corporation Is exchanged, eithe
vi ID that event the provisions Of sec
lie Of Act 267 of 1914, shall be com
aid with strictly.
ARTICLE VAN the corporate pow
N II this corporation shall be vested i
md exercised BY board of directors {
\ csuposed Of three stockholders, eac
drhom shall own In his own right, dur
hk kk term Of office, at least one fu
Nd share OF stock, two of whom shal
uskitute q quorum for the transactio
business.
ARTICLE vI-The officers Of this col
yasfon shall consist of president, vice
pra6ent, secretary and a treasurer, a
won shall be members of the boar
4 dlrsetsrs.
ne following named persons shall cor
HAsk the first board of directors, to-wit
Ahon Jensen. No. 1927 Napoleon avenue
~ Orleans, La: william NJ. Turnag'
5l1c1atoula, La: Elizabeth Jensen. NJ
kapeleon avenue, New Orleans, La
with c. zickgraf, Jellico, Tennessee
AZ nsl9ents Of the state of Louisian.
aE William e. Zickgraf, as aboy
.d With Nelson Jensen, president
stmam n. Tprnage. vice-president; Eli
80 Jensen, secretary, and William
e1f treasurer, and these director
~ bold office until the second Tue:
" March 1921, or until their su,
HEREAFTER the directors shall be electe
ay on the second Tuesday Of Marc
ea year; all elections of director
a % BY ballot, and each stockholds
al y entitled to one vote for eac
~ g nock standing in his name o
oeeks Of this corporation. this vote
n person or by written prox
mall require two-thirds of Il
present or represented to elect.
uer 70 hold an election for dire
~ me second Tuesday of Marc
- g annually thereafter. shall n,
ione1ture Of this charter, but Il
eeen Of directors shall remain
49, untii their successors are du
49, snd qualified.
ssstELk vII.-The board Of directo
ssm regular meetings at such tim,
sn be fixed in the bylaws of tn
. rea. These meetings shall be he
eenicile Of the corporation. b.
ndeet may call special meetiu,
eoefd Of directors at such times
r.,. eeen advisable, and he shall
. call such special meetings
oef Of q member of the board
- Three days written notice
4eeial meetings shall be given
~ 9or& Any vacancy occurring