The herald., 1920-04-29
CHARTER or THE HOME LUMBER
COMPANY INCORPORATED,
OF LOUISIANA.

OF LOUISIANA.
United States Of America, State of Lou
i>iana. Parish of Orleans. City Of New
Orleans. he il known. that on this sixth
day of the month of April in the year of
our Lord, one thousand nine hundred and
twenty G92O). before me Charles Thee
dore Starkey. Il notary public. duly com
mi>SiOn"d and qualified, in and for the
city and the parish of Orleans. therein
residing. and in the presence of the Wit
nc>s"s hereinafter named and undersigned
personally came and appeared. the sew
cr9l persons whose names are h"r"unto
subscribed. who declared unto me. notary.
that, availing themselves of the provisions
of the laws Of this state relative to the
organization of corporations, and more
particularly of Act 267 of 1914, they have
united and agreed and by these presents
do unite and agree. for themselves. their
successors and assigns. to form them
selves into a corporation and body polite
for the objects and purposes and under
the StipulatlOnS hereinafter set forth, to
Wit:
ARTICLE The name and title TO
this corporation shall he The Home Lum-
Der Company Incorporated. of Louisiana
and under such title il shall have and
enjoy corporate existence for a period of
ninety Mn" years from the date hereof.
unless SOONER dissolved il shall HAY" pow
cr and authority to contract. sue and he
sued, TO make and use corporate seal.
and break aud alter same ut pleasure, to
have. hold. buy. sell. lease. mortgage. by
pothrcate and pledge property, real. per
>Onal or mixed. necessary and proper for
the carrying on of its business: as wen
~ to issue bonds secured 10y mortgage d.
to make aud issue notes and other Ger
titicateS of indebtedness: to name. elect
and appoint managers. directors. clerks
ana other employees to properly conduct
it, corporate business and to make such
bylaws and regulations IL may bp nee
c>>ary or found desirable for the com
pletr and proper carrying out of said
business.
ARTICLE 1.-THE domicile of this cor
pOratiOn shall he in the city of New or
leans. state of Louisiana. where citation
or other legal process shall be served upon
the president or, in his absence. upon the
vice president, or in the absence of both
upon the secretary.
ARTICLE IH.-The objects and pur-
poses for which this corporation is or
ganizPd and the nature of the business to
Ice carried ON by it are hereby declared
and stated to be:
To manufacture and buy and sell We
nerr. lumber shingles, timber. logs. boxes.
shocks and wooden packages of all kinds
and all other timber products for either
domestic sale or export; and To that end
To purchase. lease or otherwise acquire
and operate veneer mills. box factories
and Saw mills in the state of Louisiana
and elsewhere; to construct. acquire and
rights of ways for the transportation
of veneer. boxes. shocks lumber. timber.
logs and other products. to buy. lease and
acquire either timber lands or timber
rights on lands. and TO acquire. lease and
buy lands for the use of saw mills and
factories and timber yards in the state
of Louisiana. or elsewhere: to purchase,
operate and maintain cOmmisSarieS or mcT
camille stores upon the properties of the
corporation: to acquire or purchase or
ot har fni hat h,a
used for the purpose of the business of
this corporation and generally to do and
perform any and all things necessary or
convenient to carry out said objects and
purposes.
ARTICLE IN.-The capital stock of this
corporation is hereby fixed at the sum
Of one hundred thousand (SlOO.O0OOO) dol
lars. divided into one thousand shares of
the par value of one hundred (SlOOD dol
lars per share. The capital stock may be
increased up to the sum of two hundred
and fifty thousand $3.50 OOO.OO) dollars
and all proceedings for the increase or de-
crease of the capital stock shall he con
Quoted in accordance with the laws Of
ARTICLE V.-Al the corporate powers
of this corporation shall be vested in and
exercised by board of directors. com
posed of not less than three nor more
than five stockholders, majority of
whom shall constitute Il quorum. Said
directors shall be elected annually on the
second Monday in January of each year.
All such elections shall be held 10y
ballot and conducted at the office of the
said corporation. under the supervision of
three commissioners to be appointed by
the board of directors.
Notice of such election shall be given
by the secretary of the company by writ
ten notice thereof delivered personally
or by depOsiting same in the post -effice.
properly addressed. to each stakeholder,
at least fifteen days proceeding such
election.
At all such elections and at all corpor-
ate meetings every stakeholder shall be
entitled to one vote for each share of
stock standing in his name on the books
of the corporation, to be cast in person
or by his written proxy, and majority
of the votes east shall elect
Any vacancy occurring among the dircc-
tors by death, resignation or otherwise
shall be filled by the board of directors
for the remainder of the term by the
selection of member from among the
stockholders of the company.
y failure to elect directors on the date
above specified shall not dissolve the
corporation nor impair its corporate man
agement, but the directors then in office
shall remain in office until their success
sOrs are elected and qualified.
The board of directors shall elect from
their own number president and vice
president. They shall also elect Il Secre-
tary and a treasurer. or one person who
may not be members of the board. They
shall have power and authority, from time
to time, to name and appoint all such of
ficerS, agents or other employees as may
be deemed necessary for the purpose aud
business of the corporation. They shall
have power to fix the compensation and
define the duties of every officer and EN-
ployee and all officers and employees shall
hold office and employment at the pleas
ure Of the board.
ARTICLE VI.-Whenever this corpora
ton may be dissolved, either by limita-
ton or from any other cause, its affairs
ers to be appointed from among the stock
holders at a general meeting of the stock
holders convened for such purpose, of
which meeting notice shall be given in
the manner and time provided for stock
holders meetings by Article Five of this
charter and two-thirds in amount of the
capital stock of said company shall be
requisite to elect. Said commissioners
shall remain in office until the affairs
of said corporation shall have been fully
liquidated. In case of death of one or
more of said commissioners, the vacancy
shall be filled by the surviving commits
siOners
ARTICLE VII.-This act of incorpora-
ton may be modified. changed or altered.
or this corporation may be dissolved or
the capital stock may be altered, in ac-
cordance with law, at a meeting of stock
holders called for the purpose, after no.
tice shall have been given by written no
tice to each stakeholder, delivered to him
office address, designated by him in writ
ing, at least fifteen days prior to the
date of meeting.
ARTICLE VIII M Stockboldar shall