The herald. [volume] (New Orleans, La.) 1905-1953, 1920-05-20
CHARTER OF PINE REDUCTION CON-
PANY, INCORPORATED.

United States Of America. State of Lou
iSiana. lie il known, that on this lith
day of April. 1920. \. D. before me, {.
q. Klein. 4 notary public duly commIs-
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. 26I of the acts OF
the General Assembly of Louisiana of 1914
relative to the formation and organization
of corporations. they have cOvenanted and
agreed. and do by these presents cove
nant and agree bind. form and constitute
themselves, as well a. such other persons
a. may hereafter become associated with
them. into a corporation and body polite
in law. for the objects and purposes. with
the name and under the agreements and
stipulation> following, tO-wit:
ARTICLE 1.-The name and style of
this corporation shall be- Pine Reduction
Company, Incorporated
ARTICLE 1.-THE purpose for which
the said corporation il formed are to
erect reduction plants. retOrts, kilns.
buildings. machinery and other suitable
appliances for the production, extraction,
reduction diStllatiOn and separation of
materials from pine and other woods, and
to manufacture tar. oils. turpentine rosin.
| 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.
trc 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-
quire lease hold. assign bonds, notes, bills
| N cal n hnr ma M
| rights, trade marks and all other instru-
| mentS necessary in the transaction of its
| business.
ARTICLE III.-The amount of capital
| stock shall be- two hundred and fifty thou
sand (S:JOO0O.OO) dollars.
ARTICLE Iv.-The amount of capital
| stock of this corporation may be increased
| to any sum not exceeding one million
| dollars
ARTICLE Y.-The number of shares OF
capital stock shall he twenty five thou
sand shares of the par value of $1O.Ot
! each.
ARTICLE yI-The location Of its dom.
| icile shall he New Orleans, Parish of Or.
| leans. State of Louisiana.
| ARTICLE NII.-The period of duration
Of this corporation shall Ice ninety nine
| years.
| ARTICLE NIII.-The number of direc
| tors Of this corporation shall be sever
and the names and post office addresse,
| of the directors selected to serve for the
| first year or until their successors ar,
| elected and qualified are ~ follows: A
| Luria. 7O2 Hibernia Bank Bldk., New Or
| leans La; W. II. Smith. 702 Hibernia BanL
| Bldg. New Orleans. La; y. l.. Weaver
kentwOod La; !. A. Thames. KentwOOd
La; :. Cutrer, KentwOOd, La: n
| GOreau, 500 BarOnne ST., New Orleans, La
| ARTICLE IX.-The names and post of
| flee address Of the subscribers to tn,
articles of incorporation and the number
| of shares of stock each agrees to take are
as follows: J. A. Thames, KentwoOd, La.
40 shares; N. s Cutrer, KentwoOd, Ia.
1910 shares; A. Luria, New Orleans, La
| 1850 shares.
State of Louisiana, Parish of Tangipa
| hOa, sworn to and subscribed before m,
this 18th day Of April. 1920
(Signed) c. G. KLINE, Notary Public.
| N. GOreau. two thousand, five hundred
shares (2JOO) shares.
| J. l.. Weaver, four thousand and fort,
| (4O40) shares.
Walton Il. Smith, nineteen hundred and
| fifty 1850 shares.
tSigned): n. GOreau, ]. Il. Weaver
| Walton Il. Smith.
Sworn to and subscribed before me thi
| 18th day of April. 1920.
PERCY s. BENEDICT,
Notary Public
May 6-1S- 2O-e7 June $40