The herald., 1920-03-18
CHARTER.

his place and stead The board shall
have full power and authority to bor-
row money, to execute mortgages and
to create liens; Il issue bonds, notes and
other obligations, and generally to do all
things reasonable, convenient and neceS-
Sary for the proper carrying on of the
business of the corporation. The board
may issue full paid shares of stock for
cash or in payment of labor done or
property actually received by said cor
pOratiOn.
ARTICLE VI.-WheneNe this corpora
ton may he dissolved either by lmita-
ton or from any other cause, its affairs
shall be lquidated by three commission
crS, to be appointed from amongst the
stockholders At Il general meeting of the
stockholders convened for such purpose.
OF which meeting notice shall be given in
the manner and time provided for stock
holders meetings by Article VII of this
Charter, ana twO-thirdS i'll amount of the
capital stock OF said company shall he
requisite" to elect. Said commissioners
shall remain in Ofice until the affairs of
said corporation shall have been fully
iquidated. In ease of death of one or
more of said COmiSsioncrs the vacancy
shall he filled by the surviving commits
SiOncrS.
ARTICLE VII.-This Act Of Incorpora-
tion may be- modit,d, changed or altered
or this corporation may be dissolved, or
TIA" capital stock may Ice altered. in az
cori&nce with law. at = meeting of stock
holders called for the purpose after no.
tiCr shall have been given hy written no
ti,e To each stakeholder, delivered TO him,
personally or mailed to him at the post
office address designated 10y him in writing
1t least nitccn tljD days prior TO the date
of meeting.
ARTICLE VIII.-No stakeholder shall
ever be held liable or responsible for the
contracts. faults or defaults of said cor
pOration in any further sum than the un-
paid balance due the corporation on shares
of stock owned by him. nor shall any
mere infurmality in organization have thu.
Effect of rendering this charter null or of
exposing a stakeholder To any liability he
NOnd the unpaid amount remaining due
on his stock.
ARTICLE IN.-IIendrik Jansen, New
Orleans. La; christopher J. Hay, New Or
leans. La. and Harold L.. Carter. New
Orleans, La. have been chosen and Sc
/ leCt"d as the first board of directors OF
/ this corporation. with the said Hendrix
JauSSen. New Orleans. La. a> president
Christopher j. Hay, New Orleans. La. as
vice president, ana II. w Williams. New
Orleans. La. as secretary and treasurer,
. to serve a. such until the second Tuesday
/ in March, 1921, or until their successors
shall have been elected and qualified. The
subscribers 20 the capital stock of said
corporation and their respective addresses
are: Hendrix Jansen. New Orleans. La.
torty-twO (i2D shares; Christopher J. Hay,
New Orleans, La. nineteen tlgD shares
Harold l.. Carter. New Orleans. La, nine
/ teen 09) shares.
Thus done and passed ut my office in
the city of New Orleans. in the presence
of Mcs>rs Jacob r. Bacr and Eugene
Thorpe. competent witnesses. of lawful
! ago, both of this city. who hercuntO sign
| their names, together with the said ap-
bearers and me. Notary, on the day and
date aforesaid, after due reading of the
whole. lOriginal SignedD. ii. Il. Carter,
New Orleans. La. ~ shares. $500; &. J.
Hay. New Orleans. La. - shares, 1900
II. Jansen. New Orleans La. ~ shares.
Si2N. Witnesses: Jacob +. Haer. Eu-
gene Thorpe. Al. &. Hammer, Not. Pub.
tSealD
|. the undersigned recorder of Mortgages.
in ami for the Parish of Orleans. State
of Louisiana. do hereby certify that the
above and foregoing Act of incorporation
of the The Hardwood Export co. Inc. -
WAS this day duly recorded in my office
! in Book IFS. folio New Orleans.
March 2nd, 1870. tSigued) Emil J. Leon
ard. by. Il.
/, the undersigned Notary Public, do
hereby certify that the above and fore
going is true and correct COPY of the
: Act OF incorporation of The Hardwood
! Export CO. Inc" on lille and of record in
! my office. together with the certificate of
Z the Deputy Recorder of Mortgages there
! to attached. Witness my hand and seal
! Of office al New Orleans, La. this 2nd
; day Of March, 1920.
Al. &. HAMMER.
! tSealJ Mch. 4-Apr. s.