The herald., 1920-05-06

SIbyyorZ' / share: W. s. Hefferan. Chi
cago. ILL.,, by X. J. Schwarz l share.
Witnesses:
Paul l.. ChaSeZ.
Walter Revertiga. -
WILLIAM ]. GUSTE,
(SeaD Notary Public.
| hereby certify that the above and fore
going is a true and correct copy of the
original on file in the records of my Of
flee at New Orleans, Louisiana
WILLIAM ]. GUSTE.
April l5-May 20.
CHARTER OF THE HOME LUMBER
COMPANY INCORPORATED,
OF LOUISIANA.
United States of America, State of Lou
isiana. Parish of Orleans, city OF New
Orleans. BE il known, that on thls slAln
day of the month of April in the year OF
onr Lord. one thousand nine hundred and
twenty $500, before me, Charles 1heo-
dOre Starkey, a notary pubic uuly com
missiOned and qualified, In and for tne
city and the parish of Orleans, therelh
residing, and in the presence of the wit
nesses hereinafter named and underslghed
personally came and appeared the Sew
eral persons whose names are hereuhIo
subscribed. who declared unto me, notary
that awaiting themselves of the provisions
of the laws of this state relative 10 the
organization of corporations, ana more
particularly of Act 267 of 1914, they nave
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 pohtlc
for the objects and purposes ana unner
the stipulations hereinafter set forth, 10
wit:
ARTICLE 1.-The name and title to
this corporation shall be The Home Lum-
Der Company Incorporated, of Louisiana
and under such title 1t SHAH nave anu
enjoy corporate existence for a perlou OF
ninety nine years from the date hereOt,
unless sooner dissolved: II shall have pow
er and authority to contract, sue and be
sued; to make and use corporate seal
| and break and alter same at pleasure; 10
have, hold, buy, SELL lease, mortgage ny
pothecate and pledge property, real, per
sonal or mixed, necessary and proper Tor
| the carrying on of its business; as Wen
as to issue bonds secured by mortgage
/ to make and issue notes and other GER
/ tificatps of indebtedness; TO name, elect
! and appoint managers, directors, clerks
/ and other employees to properly conduct
/ its corporate business and to make such
bylaws and regulations as may be nee
esSary or found desirable for the com
/ plete and proper carrying out Of said
/ business.
/ ARTICLE 1.-THE dOmicile of this cor
pOration shall be in the city of New Or
/ leans, state of Louisiana. where citation
! or other legal process shall be served upon
/
vice president, or in the absence OF both
| upon the secretary.
! ARTICLE II.-The objects and pur-
poses for which this corporation is or
| ganized and the nature of the business 10
be carried on by it are hereby declared
and stated to be:
To manufacture and buy and sell We
neer. 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
use railways, tramways and other roads
or rights of ways for the transportation
! of veneer. boxes, shocks, lumber. timber,
| logs and other products; to buy, lease ana
| acquire either timber lands or timber
! rights on lands and to acquire, lease ana
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 commissioners or mer-
| camille stores upon the properties OF the
| corporation: to acquire or purchase or
otherwise obtain inventions that may be
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 Iv-The capital stock of this
| CORPORATION is hereby fixed at the sum
! of one hundred thousand (S1OO,O0O.OO) dol
lars divided into one thousand shares of
the par value of one hundred (SlOO) dol
lars per share. The capital stock may be
increased up to the sum of two hundred
and fifty thousand $3.50 100000 dollars,
and all proceedings for the increase or de-
crease of the capital stock shall be con-
Quoted in accordance with the laws of
this state.
ARTICLE v.-Al the corporate powers
of this corporation shall be vested in and
exercised by a board of directors, COM
posed of not less than three nor more
than five stockholders, a majority of
whom shall constitute a quorum. Said
directors shall be elected annually on the
second Monday in January of each year
All such elections shall be held by
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 office
properly addressed, to each stakeholder
at least fifteen days precseding such
election.
!, At ali such elections and at all corpor
ate meetings every stakeholder shall b'
! entitled to one vote for each share o
stock standing in his name on the book
of the corporation, to be cast in person
: or by his written proxy, and majorit!
z of the votes cast shall elect.
Any vacancy occurring among the direc
5 tors by death, resignation or otherwis
! shall be filled by the board of director
! for the remainder of the term by tn
u selection of a member from among tn
A., stockholders of the company.
= failure to elect directors on the dat
: above specified shall not dissolve tn
y corporation nor impair its corporate man
Il agement, but the directors then in offic
!, shall remain in office until their success
u sOrs are elected and qualified.
The board Of directors shall elect fror
-, their own number a president and a vic
u president. They shall also elect secre
tary and a treasurer, or one person VIII
shall be both, either of whom may o
: may not be members Of the board. The
shall have power and authority, from tim
to time, to name and appoint all such OF
: ficers, agents or other employees as ma
d. be deemed necessary for the purpose an
i business of the corporation. They sha
. have power to fix the compensation an
:. define the duties of every officer and en-
= ployee and all officers and employees sha
l. hold office and employment at the pleas
! ure Of the board.
r ARTICLE VI-Whenever this corpora
h ton may be dissolved, either by limita
/ ton or from any other cause its affair
o shall be liquidated by three commission
n ers, to be appointed from among the stock
% holders at a general meeting Of the stock
! holders convened for such purpose, {
o which meeting notice shall be given !
Il the manner and time provided for stocl
o holders meetings by Article Five of thi
% charter and two thirds in amount Of tn
/ capital stock of said company shall b
requisite to elect. Said commissioner