The herald. [volume] (New Orleans, La.) 1905-1953, 1920-05-27
CHARTER HOJMA LATH HEADING
COMPANY. INCORPORATED.

State Of Louisiant, Parish of Tcrre-
bonnie. lie IL known, Thai on this 18th
uay of the month of Nay, I'll the year of
our Lord nineteen hundred and twenty,
before me, Henry NJ BOurg, a notary pub
he. duly commissioned aud qualified in
and tor the parish Of TerrebOnne, state
aforesaid, and in the presence of the wit
neSseS hereinafter named an,. undersigned
personally came and appeared the sew
rral persons whose names are hereunto
subscribed, who declared that awaiting
themselves of the laws of the state OF
Louisiana relative TO the formation OF
corporations, and especially OF Act 2o1 of
1914, they do hereby form themselves,
their associates and successors into a cor
pOratiOn under the following conditions
which they hereby adopt as their articles
OF incorporation or charter, to-wit
ARTICLE 1.-The name and style Of
this corporation shall be "Houma Lath
N Heading Company, Incorporated" and
under said name ii shall have corporate
existence for ninety nine years from and
after this date unless sooner dissolved !;
its dOmicile shall be in the city of New
Orleans, La; citation and all legal process
shall he served upon the president. or in
mis- absence upon the secretary treasurer
Of this corporation.
ARTICLE 1.-THE object and purposes
for which this corporation is formed and
the nature of the business to be carried
on by il are hereby declared to be- The
manufacturing, marketing and selling of
laths. headings. and other articles and
commodities from cypress and other tim
Der; the buying and selling of lands.
Swamps, and other property; the opera
ton of one or more stores, cOmmissarieS,
and other mercantile establishments the
operating of tramways and narrow gauge
railroads, bOat-lineS. and other transpOr-
tatiOn devices; the owning and operating
of factories, plants and mercantile eStab-
lishments; and to exercise all powers con
ferred upon corporations by Act No. 267
of 1914 of the Legislature of Louisiana
and the amendments thereto.
ARTICLE III-The capital stock of this
corporation is hereby fixed at ten thou
| sand (Sl0OOO00) dollars ali OF which shall
| be common stock; said stock shall be rep.
resented by one hundred shares of the PAL
| value of one hundred dollars each. Nc
| stakeholder shall have the right to dispose
of his stock until he shall have first of.
| fered the same to the other stockholders
| Of this corporation, and the said stock
holders shall have the right for ten days
| from the date of such offer, through the
| board of directors to purchase said share,
AT their book value as shown by the bal
ance sheets last made. This corporation
shall be authorized to begin business and
| become n going concern as soon as fiv,
| thousand dollars of its capital stock shall
nave been subscribed and paid in; but tn,
| capital stock shall not be increased be
yOnd ten thousand dollars without tn,
consent of twO-thirds of all of the out
! standing stock.
| ARTICLE IE.-AIl of the corporate now
erS of this corporation shall be vested il
| and exercised by "A board of directors
composed of three stockholders who shall
| be elected at "A meeting of the stakeholder
held for that purpose. at the domicile o
| the corporation on the second Tuesday il
January each year, beginning with tn
second Tuesday of January, 1921. motto
OF which meeting shall he given to eacl
stakeholder at least fifteen days prior {
such meeting, either personally or by de
posting said notices in the POstOffic
properly addressed TO the fast known nd
dress of each stakeholder as shown b.
the books of the corporation, at Ieas
fifteen days before such meeting. Tn
first board of directors of this corpora
ton is hereby declared to be composed O
LeOnidas +. GOuner. OF TerrebOnne Par
ish, La, A. q. Darden, of New Orlean.
La, and Clinton Fulton. of New Orlean.
La, and they shall hold office until tn
second Tuesday of January, 1921, or un
til their successors are elected and quail
fled. The board of directors of this cor
poratiOn shall, Immediately after thei
election and qualification, elect fror
among their number president, vice
president and secretary treasurer TIL
first president Of this corporation sha
be Clinton Fulton, the first presideu
shall be Leonidas f. Gouner. and the frs
secretary-treasurer shall me A. G. Darde