The herald., 1920-04-15


United States of America, State of Lou
i>iana, Parish of Orleans, City of New
Orleans. BE it known, that on this sixth
day of the month of April in the year OF
| our Lord, one thousand nine hundred and
/ twenty (l92OD. before me. Charles Thee
dOre Starkey, Il notary public. duly com
miSSiOned and qualified, in and for the
/ city and the parish of Orleans, therein
/ residing, and in the presence of the wit
nCSseS hereinafter named and undersigned
personally came and appeared, the sew
| pral persons whose names are hercuntO
! subscribed, who declared unto me. notary,
/ that. availing themselves of the provisions
of the laws of this state relative to the
I organization of corporations, and more
. particularly of Act 267 of 1914, they have
united and agreed and by these presents
! do unite and agree. for themselves, their
successors and assigns. to form them
selves into Il corporation and body polite
/ for the objects and purposes and under
/ the stipulatiOnS hereinafter set forth, to-
wit:
/ ARTICLE 1.-The name and title to
7 this corporation shall be The Home Lum-
Der Company Incorporated, of Louisiana"
| and under such title it shall have and
enjoy corporate existence for period of
ninety nine years from the date hereof.
unless sooner dissolved il shall have pow
er and authority to contract, sue and be
/ sued to make and use Il corporate seal,
and break aud alter same at pleasure: to
/ have, hold, buy, sell, lease, mortgage, ny
pothecate and pledge property, real, per-
] SOual or mixed, necessary and proper for
the carrying on of its business; as well
as TO issue bonds secured by mortgage
to make and issue notes and other GER
tificateS 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
I leans, state of Louisiana. where citation
or other legal process shall be served upon
/ the president or, in his absence. upon the
vice president, or in the absence of both
| upon the secretary.
ARTICLE III.-The objects and pur-
poses for which this corporation is or
ganized and the nature of the business To
/ be carried on by ii are hereby declared
! and stated to he:
/ 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
.
logs and other products: to buy. lease and
acquire either timber lands or timber
. rights on lands, and to acquire, lease and
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 COmmiSSarieS 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 aud 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 $500 100000 dol
lars, divided into one thousand shares OF
the par value OF one hunured (SIUUJ dol
lars per share. The capital stock may be
Increased up to the sum of two hundred
anu Iuty thousand (S2JU,UUU.UUD dollars,
ana all proceedings for the increase or de-
creaSe or the capital stock snail he con-
quoted i'll accordance with the laws of
inns state.
.AKIICI.E y-All the corporate powers
OF TINS corporation snail De vested III anu
exercised Dy Il board of directors, COM
posed OF not less tnan three nor more
IMAM five stockholders, a majority or
nnOIn snail constitute a quorum. SAID
directors Suall be elected annually on the
secOnu MOnuay IN January Oh each year.
All suCn eiecuOnS snail be neld ny
ballot ana conducted at the office of the
SdIu COTpOratIUn, unuer tine supervision "a
three commissioners TO be appointed by
the DOaru OF directors.
Notice of sucn election shall be given
by the secretary OF the company by writ
! ten notice thereof GelIyeEed personally
or by uePOsiting same IN the pOSt-oIIlce,
properly addressed, to eacn StOcKnOlder,
/ at least fifteen DAYS precdeulnS Sucn
election.
At all such elections and at all cOrpor-
aFnl. IA.
entitled 10 one vote Tor eacn snare Oh
>IOcK standing in his name on the BOOKS
! o1 the corporation, to be cast Ill person
or by his written proxy, ana majority
| VI the votes cast snail elect.
ANY vacancy occurring among the direc-
/ tors by death, resignation or otherwise
! snail be fIlIeu by the board of directors
| IOr the remainder of the term by the
selection OF Il member from among the
stockholders of the company.
y failure TO elect directors on the date
aDOye Specified snail not dissolve the
corporation nor impair its corporate man
! agement, but the directors then in Office
snail remain in Office until their success
Sors are elected ana qualified.
The board OF directors snail elect from
their own number president and a vice
president. 1ney snail also elect a secre-
tary and treasurer, or one person who
snail be BOTH either of whom may or
may not be members of the board. They
snail have power and authority, from time
to time, to name and appoint all such Of
Ulcers, agents or Otner employees as may
be deemed necessary for the purpose and
business OF the corporation. They shall
have power to fix the compensation and
define the duties of every officer and en-
plOyee and all officers and employees shall
mold office ana employment at the pleas
ure of the board.
ARTICLE EI.-Wheneyer this corpora
ton may be dissolved, either by limita-
ton or from any other cause, its affairs
shall be Hquidated by three commission
ers, TO be appointed from among the stock
holders at general meeting OF the stock
holders convened for such purpose. of
the manner and time provided for stock
holders meetings by Article Five of this
charter and twO-thirds in amount of the
capital stock of said company shall be
requisite to elect. Said commissioners
snail remain in office until the affairs
OF said corporation shall have been fully
llquidated. In case of death of one or
more OF said commissioners the vacancy
shall be filled by the surviving commits
siOners.
ARTICLE VII-This act of incorpora-
ton may be modified, changed or altered,
or TINS corporation may be dissolved or
the capital stock may be altered, i'm ac-
cordance with law, at a meeting of stock
noluers called Tor the purpose, after no.
ice snail have been given by written no.
nee TO each stakeholder, delivered to him
personally or mailed to him at the most
office address, designated by him i'm writ.
ing at least fifteen days prior to the
date of meeting.
ARTICLE EIII.-No stakeholder shall
ever be held liable or rosnon,;hIo -. :