The herald., 1920-08-12

To-
.duv of July. 1920 before me. Augustus -.
Williams "a Notary Public. in and for 10"
above named parish and state. duly con.
mi~>ioucd and qualified. and in ia" pres.
rn,,. of the witnesses hereinafter named
and undersigned. personally cam" aud ~.
pcarcd. the several persons who's" names
are hrrcuuto subscribed Who declared ih"'.
ayaiIiug Themselves Of tn" laws ana con
stitutinu of the state Of Louisiana. r"Ia
tive To the formation of corporations. aud
especially of act 2Gi of 1914. th"\ 40 h'i"h\
form themselves. their associates ana >u,
ccS~or~ into Il corporation under The FOL
lowing terms aud conditions. which they /
hereby adopt aS their articles OF lEr"rPOr-
alton or charter. i"-Wu.
ARTICLE The name and >tyi" Of This
,oruor;ttion shall be sanford I;odG" LuW- /
her CO. Inc. aud under said nam" il shall /
have corporate existence for ninety min" !
tggl years from and after this dat" unless |
sooner dissolved. IT. d"Wl,lI" Nh'iiI u" 'h !
the city of New Orleans. state "t Louis !
lana aud citation ana all legal Processes |
Shall bc served upon the President. or. III !
his absence. upon the Secretary OF TINS ,
corporation.
NETICIE 1.-THE objects and purposes
for which this corporation j. formed and
the nature of the business to 10" carried
! on 10y il are hereby declared I" h". Tia"
| manufacture of lumber and other forest
| products. dealing therein. either at whole
| sale or retail. or on commission dealing,
| either at wholesale. retail or on commits
| sion ia all building material and m"r-
|
| said corporation shall HAY" power To con.
| tract sue and hc sued To make and Us"
! q corporate seal. and Ia" sam" ." break or
| change AT pleasure 10 hold IN f." or other
! WIS., receive. hyputhuvat". pl"dG" ana sell
| Urourrtv. real and personal. To issue stocks
! and bonds therefor. 70 borrow money ana
TO issue notes or bonds therefor. to own
| stock in other corporations. ." nam" and
| appoint such managers. directors. Officers
| or agents as the interests of said corpora
| ton may require. 10 establish such 10y
| laws. rules and regulations Tor the proper
! management of the affairs al TINS cor
| uorHtiou as may he necessary and proper.
the same 10 alter AT pleasure. aud E'n"r-
ally TO de- and perform all such acts a>
may bc proper and necessary TO carry ON
aud execute the purposes OF TINS '"fp"rd.
| lion and to exercise all powers conferred
on corporations by act 2tG Of 1914. or III"
| amendments thereto.
ARTICLE III.-Thc capital stock Of this
| rorporatiou i hereby fixed nj the sum of
| one hundred thousand tSlOO OOOUul dollars.
all of which shall he common stock Sald
. ! stock shall 10" represented 10y one thod>.
and shares of par value OF one nGhIr'd
J | tSlUOUub dollars each. No ~orkholdrr
| shall have the right to dispose Of his stock
until ne shall have first offered the same
to the other stockholders. through Tn,
Board of Directors of this corporation. and
d the said stockholders through said Board
- of Directors shall have the right Tor
70 thirty t3Ul days from IA" DATE OF >h'i
u offer to purchase Haid shares AT their hnoH
a 10
| last prrcrdiu" month. and notice To TIM
| effect shall bo printed upon th" face 81
: each ccrtificat" of stock. The capital siort
u | of this corporation may b" increased Il
| two hundred thousand iS2oO"wuo) doI
| lars.
ARTICLE IV.-AII of the corporate pow
erS of this corporation shall vest III an'
n lac exercised by 81 Board of Directors com
: | pu>cd of seven stockholders of this cor
}. poration. These Directors shall be rlert"'
q al "A meeting of the StOckL Oldcrs held Il"
- that purpose al the d"mlcllc 81 the com
o. pauy on the first Tuesday after the III
: tenth day of January of each year. h'
| ginning with the first Tuesday after u
y ! fifteenth day of January. 1871. notice
p which meeting shall bc given to each STOCK
20 holder at least fifteen tl'l days prior I
IL such meeting. in a written or printed no
ticr either delivered personally or 10y de
II posting said notice in the p"Nt"iIl''
nropprly addressed to the last known 40
ID | dress of each stakeholder, as shown u
: tho hooks of the corporation, at least nj
; teen DAYS before such meeting. with IL
: postage prepaid. The first Board OF ID
Il, rcctors Of this corporation Is htrrhy ~
-, clared to be composed of the tnloWh
- stockholders: L. l.. sanford, 10 hltht
IN Central Bldg, New Orleans. La; H.; !
~ FlemingS. 2l5 Whitney Central BIdg. Ne
= Orleans. La: Edward {. NanlDevant"r. :
Al Whitney Central Bldg. New Orleans La
ec Fred H. Crew 21J whitney Central BIDS
nm New Orleans. La; e. W. Bodge. PrudeI
n tial Bldg. buffalo, y. Y: y W: Marsha
=.
.ct | w Foster. Columbus Savings trust I
IN. Bldg. Columbus, Ohio; and they sha
a. | hold their office until the first IueSda
81 | following the fifteenth day OF Jhhuar
70 | 1921 and until their successors are elect'
t. and qualified. The Board OF directors
all this corporation shall immediately alt
he their election and qualification Tor ON
~. | elect from their number president
'rS | First Vice President. n Second wee ifrs
he dent Il Secretary. and Treasurer. II
u first President of this corporation Is her
NV declared to be +. l.. Sanford; the mr.
cd First Vice President is hereby declared
'rs he C. W. Dodge; the first Second VI
is President is hereby declared TO ." t'eor
W. Foster; the first Secretary l. mere
OF declared to D. Il. II. Flemings, ana I
m first Treasurer iS hereby declared TO
II Edward G. Van Devanter, aud they Sh'
~ hold their offices until their successors y
Sos elected and qualified. iallurr 10 ere
80 Directors or Officers on the date her,
- | stated shall not affect the Legality OF III
rk corporation or the acts OF the corpor'
or Officers and such officers shall continue
,rs | act until their successors are elected Il
10 | qualified at a meeting TO he Specla
called after notice as hereinabONe pl
Or yided each stakeholder shall b" enItI
~ to one vote for each share OF STOCK
,ttiii nearing in his name on the books OF
I,Ii corporation and there shall be no cum
i %I Iative voting. The Directors of tins e,
lS poration shall be permitted 10 eNrcu
'cE in writing their proxy to any Other StO
~ boIdpr TO act for said absent director
nor any meeting of the Board of Directors
psi- the corporation.
the ARTICLE V.-NO stakeholder shall e.
an he held liable or responsible for the GO
,ieS tracts or faults of this corporation IN =
all further sum than the unpaid portion OF
'ra- subscribed stock. nor shall any mere
on formality i'm organization have the Ell
Of rendering this charter null or expos
hall n stakeholder to any liability other u
Its rs above provided.
'ck ARTICLE VI-ThiS charter may
ing. amended the capital stock Increased
decrea sed or this corporation dissolved
red | accordance with the provisions Of act
for of the legislature OF the state OF Lon
bed lana for the year 1914, and any anne
in mpntS thereto.
ead Thus done and passed in my nota
office at New Orleans, La. in the pi
be ence of AntOnette u. HOrnun ana
ora dOlph J. Weinmann, on the day ana 9
Their | herpinaboye written, after due reaulhe
the whole the subscribers to this corp'
hall ton hereby affixing after their names
of amount of stock respectively subscrl
for by each of them. and they hereby
hall clare this TO constitute their STOCK
the scription list. c.,
ere (Original signed) 7. l.. Sanford
Whitney Bldg. New Orleans, La
Ali shares: r. H. Fleming. 2lj Whitney III
.ni New Orleans. La 60 shares; Edward
"a Van Devanter. 90 Whitney Bldg, New
oros leans. La. 30 shares: Fred ii. Crew
bod whitney Bldg. New Orleans, La
erye shares c. W. Dodge. 40 Prudential u,
tbe ExffaIo " Y, 200 shares; Nelson W.
shall. 100 Prudential Bldg. Buffal0' y
hall 20 shares: G. W. Foster, 429 columbus
"a & Trust Bldg. Columbus, ONO, 6o shi
80 Witnesses: AntOinette ID. Hornut1,
ihed dolph ]. Weinmann.