The herald., 1920-05-13
CHARTERS.


\rv orleans. La. al being above the full IN
age of majority, who declared That avail "a
iug themselves of the provision "i 'h' IiWN w.
of the State 81 Louisiana relative 10 u" ~
of corporations. they nave
contracted and agreed ana do. 10y lh"N' eve
presents contract aud uErr,. and bind aud ."oI
obligatc themselves. ~ well a. ~b'h per. au,
son, a. may hereafter h"r"W' associated du
with them. 10 form and constitute cor >HI
porarion for th" objects ana rnIt",'o %n" i"i
under the agreement and conditions l"i- I'll
lowing. to-wIt. ~
ARTICLE ] IN, maine aud i'll" Of iFio T.,
CORPORATION stall be- Gabriel Pine ProI. ="
url> Inc. aud under that mann" D. >hali
hav. aud enjoy all 81 th" rights. 1dNani E
.i..,.> aud pri, il,.r~ granted Toy law 10 ~
corporations and shall exist tor ia" iuH u
term and y, Rod of ninety mn" Years from W.
mi, day. II shall have power To con
tract. >ur aud be sued. TO mas" "na use
a corporal" seal. 10 alter ana ur'1N lH' lh
I..t~r purchase. ~,.il. alternate. u'u. '"H. pi
iNry. morris gage. uypojh"r'l" Wl,d-" or -
oth"rwi~" eurunh"r PROPERTY, r'h r"L>"H. ~
al and MIXED. cuTpur'al Hr1 lH'"FH"t'"l pc
To name. appoint. hirr. Ci~'hHrG' "hd IN of
the compensation of such ''r'"'"r>. OH.
l,.rs uIUt-rr~ agents sud other "U. g
| ploNro~ AZ it, Interests aud convenience l.
may require. to di~~"ly" this corporation -
and wind up it, affairs. 10 conduct nu>l a.
ness i'm this STATE" other state. the "d
IrraI Districts. the territories aud posses 3,
>ion> ot ia" United States and in foreign "
countries. &" hold stock IA other '"rlo'
ltiou,. IN maxi. and establish. a. Nrll as
ia uItrr amend aud abolish same at pleas. .
mr.. such bl laws. ruh~ sud regulations :
a. MAY b.. necessary and proper ana gen {
IrralIy 10 do aud perform all such acts .
a. may hr proper and necessary 10 carry
. out and "Ncrut" IN" purposes 81 lAI> '"f }
p"ratiou.
ARTICLE IL Th, domiriI,. of thu con.
roratiou j.. hereby declared :" b" th" rll\
of New Orleans. Parish 81 orleans. Nla'r
Be- of Louisiana and an legal process shall
= b,. served upon the President. aud; ~ hi
: ah>"nc. or inability 4" act. on IN Ni''
| - i,l..Ut a a.
, 10 act upou the secretary Treasurer.
II ARTICLE III The uhj"rr> aud r4r.
r. poses al thi~ corporation ar" "r-hH ne
= Irlarrd to h.. TO exploit. WHhLia'Ihrr
Luy Ira,. contract tor. >,ll aud generally .
- 10 deal in pine and mineral oils pine pro .
,a ducts. pine. cut over and stump EhdI,
Il pine siump>. timber pine products ana an /
othrr product~ from said lands: :" arm I
- for oil and exploit any minerals round on
in any of said lands, 10 do all things con
to uectpd with I'll" above AMI All >u,h "'h'I
n business acts and things ~ may ID" H>uai
r and incidental thereto aud necessary III or
III der TO carry ont said objects ANA Pur-
,n ARTICLE IV.-Thc authorized "apiial
stock of this corporation II hereby hNcd
" at tw,lv" Thousand dollars 'Ni-uuuoul,
Ice represented 10y on" hundred and twenty
of shares of stock OF the par vain" OF one
of hundred dollars tSlO0OOl each, and SHAH
ms | he naid for in cash. may b" issued at
ri par in payment for services rendered,
~ propprtv rights and assets. actually pur-
NJ chased by this corporation AZ su"h time
81 rectOrs may direct. The capital STOCK
ntS NAV be- increased to fifty thousand dol
ed. IerS (Sl0OCO.OOD. In the event OF the IN
=. IcrpaSr of the capital stock of the corpora
NJ. tion the owners of the shares of stock
hi then outstanding shall have and enjoy 4
aSt PREFERENTIAL right 10 subscribe pro rata
nc TO the extent Of their respective holdings
led to all of such shares of such new or IN
ted creased stock. which SHAH be- offered lOl
OF subscription To the Sio"kholder>. ANY
hall shares offered for subscription to sucl
holders X.
OF not be subscribed for under the right
oks hereby conferred. shall be disposed of b!
~ | the Board of Directors III their discretion
nan and they shall iiN the terms and condition
OF of such subscription aud disposition. Thi
AZ, corporation shall be authorized TO com
! uaiH mrnce business a. soon a. twelve thouSan
ui'.. dollars (Sl2.OnOOOJ of the stock l. sun
pu E Scribed for. which said amount is hereb
lact subscribed for 10y the said appearerS, !
W. the respective amounts placed oppOSlt
,ors their names. said subscription being IN
ines original subscription list To the stock {
This this corporation OF said stock 80 SUI
hald scribed for. fifty nine hundred dollar
the ($5, 100000 shall be paid for the transt'
: of and sale to this corporation by Tony q;
: as brie of COvington, La of certain pro-
/ no erty. rights. good will and formulae,
: AT fully set forth under accurat" details al
a of itemized description thereof annexed her
q of to part hereof and 10 be read IN 60
n 70 npctiOn herewith which sum the Boa
" in of Directors hereby appraiSe SAID pro
cath. erty.
II be ARTICLE N-AII oil me CORPORAL 20
ctOrs ers now or hereafter ny law vested
such corporations shall be vested in and exc
first ciSed by the Board of Directors. compos
alton of three 49, stockholders, who shall
laws elected annually at a meeting of the &c
alton pOration TO be held on the first TueSd
lnged of May in each year. and a majority
luire. whom shall constitute quorum lot
cor transaction of business. and majority
vided votes east shall decide all questions.
D the such elections shall he conducted AT
shall office of the company in the city of y
er or Orleans and notice of the holding of 81
total election and of all other meetings
herein stockholders shall he given by deposit!
two in the United States POstoffice in \
hun Orleans. not more than fifteen days
here not less than three days prior to the d
i'd for of said meeting notice of the hold
n eN- thereof. enclosed in a postpaid wrapl
ing TO addressed to each stakeholder at the
holder address furnished TO the corporation
art OF said stakeholder. and in the event no
same dress be furnished then addressed simI
ropor- New Orleans. La. At said election
AT Us at all other meetings of stockholders
ade TO voting shall he by ballot and each ste
STOCK holder shall he entitled TO one vote
Az tne each share Of stock standing in his n;
shall ithor in narson mr. nv written proyv
price majority of stockholders shall decide
!, questions except as otherwise provided
d! II, law or by this charter. All notices
r that 1871 ~ ~ l., Idars or 5iractorS ma,
'n 80 waived except where expressly prohib
.,nS Of lby law. The stockholders shall fill.
urpose ne un III n;antorS nv rasignation
,no,rn otherwise. The failure TO hold an an
= Ter election or to elect officers as above
e vided shall not dissolve the corpora
Of this but the Directors and officers the
of his office shall remain in office until
nffoirS successors shall have been duly elected
= Uou;- qualified. The Board of Directors
boidars after each annual election, elect from
~ cor own number a President. a Vice Pres
horohv and a Secretary Treasurer, and
- 70 from time to time have the right TO
oration such assistant secretary trca Surers a
ornS of their Judgment. is deemed proper.
Board of Directors may appoint.
barehy time to time. such clerks or agents,
20 tho other employees. as they may deem
conitaI Sary for the proper conduct OF the
lack ness of this corporation, but all
i,v one clerks. agents and other employees
! EaIIo not be employed for longer period
share by the month uhless lhe Con wi ; 20
,.inns of lauthorized-by a resolution Of the Boa
Tomana | Directors. The Board of Directors
nhscrin- have power to adopt bylaws for tht
Iiy maid eminent Of the corporation and to
h;sineSs amend or abolish same at pleasul
pbiun may delegate all or any Of its powe
,ba nar the transaction Of the business of thi
nramises pOratiOn to a committee or commit
business its own body or to an officer, the o
;temized or agents OF this corporation. TIT
nronertv Board of Directors shall consist Of
connec- Gabriel, whose address is CovingtOn
artv was George r. Pitcher, whose address
directors 525. New Orleans. La. and Hor
ma L "A