The herald. [volume] (New Orleans, La.) 1905-1953, 1920-05-27
CHARTER OF PINE REDUCTION COM
FANY. INCORPORATED.

United States of America. Stat" of Lou
i>iana. he il known. that on this l4th
day OF April 1870. \. H.. before me. {.
q. Klein. a notary public. duly commits
stoned and qualified within and for the
parish of TangipahOa, state of Louisiana,
and in the prr>ruC" OF the witnesses here
matter named and undersigned. person
ally came and appeared. the persons whose
names are hereto subscribed who declared
that a,ailing Themselves of the provi-
>ion~ OF the laws of Louisiana, and more
particularly of acts No. pa of the acts of
the General Assembly of Louisiana of 1914,
relative 10 the formation and organization
of corporations. they have cOyenanted and
agreed. and do 10y these presents cove
nant and agree. bind. form and constitute
them selves. rs 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 is formed are to
| erect reduction plants. rrtOrtS, kilns
buildings, machinery and other suitable
| appliances for the production. extraction.
| reduction. diStillatiOn and separation Of
materials from pine and other woods. and
| 10 manufacture tar. oils. turpentine, rOsin.
| charcoal and other ingredients and To mar
| ket and sell the same. To purchase tim
ber wood, and other materials for fuel.
consumption and otherwise. To purchase,
erect. and Use power plants. water. cleo
trio and steam supplies and other devices
| necessary in the transaction of its bust
| ness. To buy, sell, lease. rent and eN-
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
of sale, stock of other companies, patent
rights, trade marks and all other inStru-
ments necessary in the transaction of its
business.
| ARTICLE llI.-The amount of capita
stock shall be two hundred and fifty thou
sand (S2J0OO.O0) dollars.
| ARTICLE IN.--Thc amount of capita
stock of this corporation may be increased
To any sum not exceeding one million
: dollars.
ARTICLE V-The number of shares o
, capital stock shall be twenty five thou
, sand shares Of the par value of 500
, each.
ARTICLE VI.-Thr location of its dom
icile shall he New Orleans, Parish of Or
! leans. State of Louisiana.
r ARTICLE VII.--The period of duration
. of this corporation shall be ninety min
p years.
p ARTICLE yIII.-The number of direc
tors of. this corporation shall be seye
and the names and post office addresse
$ of the directors selected to serve for tn
r first year or until their successors ar
% elected and qualified are as follows: \
4 Luria IO2 Hihernia Bank Bldk.. New Or
= leans, La; W. Il. Smith, 102 Hibernia Ban
d Bldg. New Orleans, La; J. l.. Weaver
h ! KentwOod. La; j. 4. Thames, kentwoot
!. La; ). Cutrer, kentwOOd. La;
II Goreau. S26 BarOnne ST.. New Orleans l.,
= ARTICLE IX.-The names and post OF
J. flee address of the subscribers to tn
}. articles of incorporation and the numbe
; of shares of stock each agrees to take ar
= as follows: j. \. Thames. KentwOod, La
; 40 shares; y. =. Cutrer. KentwOOd La
u 1910 shares; A. Luria. New Orleans, Ii
u 1850 shares.
u State of Louisiana. Parish of TangipS
- hOa, sworn to and subscribed before N
Y this nth day Of April. 1920
n (Signed) e. g. KLINE. Notary Public.
"a n. GOreau. two thousand, five hundre
n shares (2JO0) shares.
n ]. l.. Weaver, four thousand and fort
J. | (4040) shares.
IF Walton u. Smith, nineteen hundred an
10 fifty (1950) shares.
(Signed N. Gorcau, J. +. Weave
NJ Walton Il. Smith.
IN Sworn to and subscribed before me tn
~ 18th day of April. 1920.
J. PERCY S. BENEDICT.
at Notary Publ
Sc May 6-13-o0-27 June $40