St. Tammany farmer. [volume] (Covington, La.) 1874-current, 1920-02-28
CHARTER OF THE
LOUISIANA SHE'LL AND GRAVEL.
COMPANY, INC.
1rr;ted States of America, State of
Louisiana, Parish of Orleans,
e. CITY of New Orleans.

the United oLaCSS VI Auellcd, III
ona hundred and Eorty-fourth, befoc
mo Eldon S. Lazarus, a notary pub
liz duly commissioned and qualifie.
IN and for the Parish of Orleans
+barcin residing, and in the presence
Of the witnesses hereinafter named
and undersigned, personally CAM
md appeared the several person!
rbose names are hereunto subscrib
cd all of the full age of majority
who seyerally declared to me, notary
that availing themselves Of the law
- the State of Louisiana in sucf
caees made and provided, and more
narticuIarly Of Act No. 267 of the
General Assembly Of Louisiana OF
1914 relating to the creation, or.
gonization and formation OF corpora
tions. they have covenanted and
agreed, and by these presents do COW
enant and agree and bind themselves
90 we'll as all such other persons as
NAV hereafter become associated
with them, to form corporation for
the objects and purposes. and under
tho articles and stipulations follow
ing, to-wit:
ARTICLE 1.-The name and style
of this corporation shall be Louisiana
Shell s; Gravel Company, Inc, and
under its corporate name 1t shall
have the power and authority to have
and to enjoy corporate existence for
Deriod of ninety-nine years from
this date, unless sooner dissolved by
Iinuidation or otherwise; it shall
have power to contract, to sue and
TO be sued, to make and use a cor
norate seal, and to alter and break
same at pleasure; to hold, release,
receive, purchase, transfer, assign.
convey, mortgage, hypothecate,
nledge, or otherwise receive or dis
pose Of property, real, personal and
mixed, corporal or Incorporate; to
issue bonds, and II desired to secure
the same by mortgage; to buy and
hold stock in other companies; TO
name, elect and appoint such man
ayers, agents, directors, or officers
as It's business interests may deQuire,
and to make and establish, alter and
amend, bylaws, rules and regula-
tions for It's proper government as
may be deemed necessary and proper
and generally to do any and all
things incident to, or necessary ana
proper for, the proper conduct and
expansion of the business in which
the corporation Is engaged.
ARTICLE H.-This corporation
shall be domiciled at Dunbar, st.
Tammany Parish, Louisiana, and all
citations or other legal process shall
be served upon the President of this
corporation, and in the event Of that
officers absence, upon the Vice-Pres-
ident, and in the event of the alb
sence of both, upon the Secretary
Treasurer.
o. ARTICLE III.-The objects and
purposes for which this corporation
is organized and created, and the
nature of the business to be carried
on by it, are hereby declared to be
as follows:
To buy, sell, or otherwise acquire
or dispose Of, at wholesale or retail,
either for it's own account or for a.
count of others, all kinds of building
and construction material, such as
lumber, laths, shells, gravel, lime,
stone, cement, and such other ma
terial or merchandise usually carried
in such line of business; to engage
generally in the contracting, building
and construction business, and for |
that purpose to contract for the orec- |
ton, construction and maintenance |
Of buildings, bridges, roads and |
and also to engage gan
orally in the manufacturing Dus!-
ness and to manufacture all kinds OF |
building and road matedial by crush
ing or otherwise treating shells and
gravels, so as to make the asme suit
able for commercial purpo ses; and
generally to do such other thing or
things and to conduct such other
business or businesses, either for Its
own account or as agents for others,
as may be found necessary or CON-
venient properly to effectuate tn,
aforesaid purposes or to enhance
the prosperity and the value OF the
rights and privileges OF
this corporation.
ARTICLE IV.-The capital stock
Of this corporation Is hereby fixed at
the sum Of fifteen thousand dollars
10000, divided into, and repre-
sented by, one hunded and fifty
shares, of one hundred (s100) dol
lars each. Said stock shall be pail
Tor in cash or its equivalent as pro-
Vided by law, and in such manner
and at such time and in such install
ments as may be prescribed by the
Board Of Directors. The capital
stock may be increased to fifty
thousand (s50,000) dollars, to oe
represented by five hundred shares
1t one hundred ($100) dollars each.
ALI stock Of this corporation shall
be full paid and worcestershire, aad
shall be represented by certificates OF
such form as the Board of Directors
may determine, signed by the Pfesi-
lent or Vice-President and the Score
sary-Treasurer, and sealed with the
seal Of the corporation
ARTICLE V.-The stock OF this
corporation may be transferred only
On the books of the corporation, and
subject to such regulations and for
nalities as may be prescribed from
time to time by the Boa'd of Di-
rectors. No stockholder shall be
permitted to sell, or otherwise dis
pose Of his stock without drsl offer
ing the same in writing to the other
stockholders, through ths Board OF
directors, at price no exceeding
the book value thereof, and the
stockholders shall have an optiou
and first right to purchase for cash |