The herald. [volume] (New Orleans, La.) 1905-1953, 1920-06-03
CHARTER OF PINE REDUCTION COM
PANN, INCORPORATED.

| United States of America. State of Lou
| i>iana. BE it known. that on this l4th
| day of April 1920, ~ H., before me, &.
| q. Klein. a notary public, duly commits
stoned and qualified within and for the
parish of TangipahOa. state of Louisiana,
and in the presence of the witnesses here
matter named and undersigned, person
ally came and appeared, the persons whose
names are hereto subscribed who declared
that. awaiting themselves of the provi-
siOnS of the laws of Louisiana. and more
particularly of acts No. Pa of the acts of
the General Assembly of Louisiana of 1914
relative to the formation and organization
of corporations. they have CoYpnanted and
agreed. and do by these presents cove
nant and agree, bind. form and constitute
them selves. as well as such other persons
as may hereafter become associated with
them. into corporation and body polite
IN law, for the objects and purposes. with
the name and under the agreements and
stipulatiOns following, tO-wit:
ARTICLE Tine name ana style of
this corporation shall be Pine Reduction
Company, Incorporated
ARTICLE lI.-Tne purpose for which
the said corporation is formed are to
erect reduction plants. retorts, klns.
buildings, machinery and other suitable
appliances for the production, extraction.
reduction, diStillatiOn and SpDaratiOn of
materials from pine and other woods. and
TO manufacture tar, oils. turpentine. rOSn,
charcoal and other ingredients and to mar
ket and sell the same. To purchase tim
Der, wood, and other materials for fuel
consumption and otherwise. To purchase,
erect. and use power plants. water. cleo
tire and steam supplies and other devices
necessary in the transaction of its bust
ness. To buy, sell. lease. rent and eX-
change real estate. buildings machinery
and everything necessary in its business.
To issue and sell stocks, to purchase ac-
qulre lease, hold, assign bonds. notes, bills
OF sale, stock of other companies patent
rights, trade marks and all other instru-
ments necessary in the transaction of its
business.
ARTICLE 1II.-The amount of capital
stock shall be two hundred and fifty thou
| sand ($2J0.00O00) dollars.
ARTICLE IV-The amount of capital
stock of this corporation may be increa sed
10 any sum not exceeding one million
dollars.
ARTICLE y-The number of shares of
| capital stock shall be twenty five thou
sand shares of the par value of $1,000
| each.
ARTICLE vI.-The location of its DOM
icile shall be New Orleans. Parish of Or
leans, State of Louisiana.
ARTICLE Nl1.-The period of duration
OF this corporation shall be ninety nine
years.
ARTICLE vIII.-The number of direc-
tors or this corporation shall be seven
and the names and post office addresses
OF the directors selected to serve for the
first year or until their successors are
elected and qualified are as follows: A.
Luria, IO2 Hibernia Bank Bldk.. New Or
leans La; W. Il. Smith. 100 Hibernia Bank
Bldg, New Orleans. La; j. L. Weaver.
hentwood, La; ]. \. Thames Kentwood
La; :. Cutrer, Kentwood La; n
Goreau. S26 BarOnne St, New Orleans. La.
ARTICLE IX.-The names and post of
flee address of the subscribers TO the
articles of incorporation and the number
of shares of stock each agrees to take are
as follows: J. A. Thames, Kentwood, La.
40 shares; y. $. Cutrer. Kentwood La
1910 shares; a. Luria, New Orleans. La.
1850 shares.
State of Louisiana, Parish Of Tangipa-
hOa, sworn to and subscribed before me
this 18th day of April 1920.
lSigned) e. G. KLINE. Notary Public.
" Goreau. two thousand, five hundred
shares (2500) shares.
a. L. Weaver, four thousand and forty
(40i0) shares.
Walton Il. Smith, nineteen hundred and
fifty 1850 shares
(SignedD: n. Goreau, ]. Z. Weaver.
Walton Il. Smith.
Sworn to and subscribed before me this
10Th day of April, 1920
PERCY S. BENEDICT.
Notary Public.