The herald. [volume] (New Orleans, La.) 1905-1953, 1920-05-06
CHARTER

lot a period Of niuoty-nine ve,--
an" aIt'r III" Dat" hereof. liz rom
Nhhii Toe M "a" city OF New OrInsppi oniclls
an 'lah9HN or Other legal proraS, "nere
,,t,gar+' .t'" l"" president. or in hi
abStn,. On VI" secretary Of tho gu ~ MS
ARTICLE III..TIv oIier,s .o,hpany.
poses for which this co-nor,,ianu pur-
gained. and ia" business 10 hn Is Or
on by u. are hereby declared "a cafrisd
To buy aud sell lumber in v,ho,-
or T"th' lot aud from the raw missile
10 'H-'-" ih m" Manufacture OF Irr,Itll
IN all ~ lis branches and peDo,a lumber
do ami engage in any Other hy to
connected with. CROWN. ,uf ~ HsIneSs
or lh'li'ui1l 10 amy of the uuroosos inldhe
inahoF" sci forth or Contemplated ba Here-
charter. f''''u Oy the
ARTICLE u. The capital stock a..
rorp"f"N"h b. hereby liked at seyor ons
tivr-thpU sand dollars divided 'ehty-
hundred and fifty shares. m tho -T NO seven
81 one hundred dollar, each ana ,alue
>Hid stock Is To Toe common stncL gu OF
stock shall b" paid for in cash or sald
don" or property I,fua1ly received ' Sp'
'"rp'F1'I'u SHAH hay" the right IN conl
meme" hu~Iu">~ when 'I''y Der cont =. om-
capital stock shall haze been snhso on ITS
anu On" rI-Ht i reserved 20 Increase o ~
amount 81 its capital stock m ia r. Jus
Of ~" hundred thousand doII,rS sum
transfers of SD K shall bee made On ~, IN
hooks "i IA" company on The surraD5ns
OF we outstanding certificates and 80
Suant t. such rul"E Is the board =, PI ",
rc'iorN may prescribe " ui'
ARTICLE v The business NJ fri,
p3ratIoH shall Ice mana crd and Ali 90 Ut
corporal" powers shah be vested in 'Hu
/ board Of seven directors. four Of MI
Shah 'ou~iiiut" quorum for the froDu
. a'Il"h 81 business, 10 Us elected from
among US stockholders az a meeting catIla
for that ruypo~.. The board of dirac,n7
. shall elect from among their numhar
? president. two vi" presidents. a soc,o
. tary ana Treasurer. The board of dire
/ tors shall have fun and complete cont,oI
/ OF Inc bHNIh'NN affairs aud property OF
. IhlS corporation. and they shall nonoon
/ conduct aud Use the same as in their az
. erection they may deem best with now
or to appoint all agents clerks and on.
ployrrS and To fix their rompensstion
. ANY vacancy occurring on the board a,
! directors snail 10" filled by the remaining
members OF the board for the unexpired
term.
ARTICLE VI.-Tne first board n, A,
rcctor> of this corporation is hereby fiyad
. at seven in number and shall no con,
. posed Of. Robert u. LOFTS William n
LOFTS, Evcrt0n VI. Schlrgel David Siye-
wright. claude IIOrtman. j. W. Hortman
and Z. H. I:enc kcnStein, all Of New Or
leans, with the following Officers: r n
Lofts. president; VIM. T. Lofts. first
vice president. David Siy-Wright second
vice president. Claude Hortman, treasurer.
Everton VI. Schlcg"l. secretary, which said
board shall serve until the first meeting
of the stockholders for the election OF AZ.
rectorS, or until their successors are elect.
ed on the second Tuesday in April 1921
and annually thereafter. All elections
shall he by ballot and each share of stock
shall he entitled to one vote, whether cast
in person or by proxy.
ARTICLE VII.-This charter may b.
changed, altered or amended, and the cor.
pOratiOn may be dissolved or liquidated
in the method and manner pointed out
by Act 267 of 1914.
ARTICLE VIII.-NO stockhOlder shall
ever he held liable or responsible for the
contracts or faults of this corporation in
any further sum than the unpaid balance
due the corporation on the shares owned
by him, nor shall any mere informally
in organization have the effect Of rem.
dering this charter null or exposing any
stOckholder to any liability beyond thu
amount of his unpaid stock.
Thus done and passed in my office In
the city of New Orleans state q Lou
isiana, in the presence of Joseph A CASEY
and Ben HOcke, competent witnesses, re
siding in this city, who hereunto sigT
notary, after a due reading Of the whole
, on the day, month and year first abov,
! written.
c. Hortman. 1905 Hickory street,
share: j. W. HOrtman, per pro c. Hort
, man, 1919 Pamela street, l share; c. II
Benckenstein. per pro c. Hortman, Vim
> ton. La, 1 share; r. n. Lofts, 1898 Gen
Pershing street. 1 share; W. T. Lofts
1898 Gen. Pershing street. l share; Il.
Schlegrl. per pro c. Hortman, SOIL Hick
E DRY street. l share; ID. Sivewright, per pr
c. Hortman, pa Metropolitan Bldg,
share.
. Witnesses:
: JOS A. Casey.
Ben. Hocke.
JNO. ]. REILLEY,
Notary Public.
= /. the undersigned Recorder Of Mort
! cages for the Parish of Orleans, state 0
j Louisiana. do hereby certify that tn
!, above and foregoing charter Of Nations
= Flooring Company, Incorporated" wa
: this day duly recorded in my office
4 book 1912. folio....
New Orleans, La, March %, 1920.
a (Signed) EMILE ]. LEONARD. d. R.
s true copy.
JNO. ]. REILLEY.
s Notary Public.
e Apr. Inlay 0.