The herald. [volume] (New Orleans, La.) 1905-1953, 1920-04-08
CHARTER.

his place and stead. The board shall
have full power and authority to bor-
row money, to execute mortgages ana
to create liens; ii 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
pOTatiOn.
ARTICLE VI-WheneNe this corpora
/ ton may be dissolved. either by limita-
| ti0B or from any other cause, its affairs
shall be liquidated by three commission
erS, 10 be appointed from amongst the
stockholders at 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 toy Article VII of this
| Charter, ana two-thirds i'll amouHt of the
/ capital stock of said company shall be
( requisite to elect. Said commissioners
/ shall remain in office until the affairs of
said corporation shall have been fully
liquidated. In case of death of one or
more of said COMMISSIONERS, the vacancy
shall toe filled by the surviving commits
SiOners.
I ARTICLE NII.-This Act of Incorpora-
ton may 70" modified. changed or altered.
or this corporation may bee dissolved, or
ia" capital stock may be altered, in ac-
cord&nce with law, at 4 meeting of stock
f holders called for the purpose, after no.
tice shall have been given 10y written no
tice to each stakeholder, delivered to him
personally or mailed to him at the post
office address designated by him in writing
ut least fifteen Oj) days prior to the date
of meeting
ARTICLE VIII.-No stakeholder shall
ever be- held liable or responsible for tn,
contracts faults or defaults of said cor,
pOr;tiOn III any further sum than the I'M
paid balance due the corporation on shares
of stock owned by him, nor shall any
mere infOrmality i'll organization have tn,
effect of rendering this charter null or o.
exposing stakeholder to any liability be
yOnd the unpaid amount remaining du,
on his stock.
ARTICLE IN.-Hendrik Jansen. New
Orleans. La; Christopher j. Hay. New OR
leans. La, and Harold Il. Carter, New
Orleans, La. have been chosen and 81
lectcd as the first board of directors D
, this corporation. with the said Hendril
Jansen, New Orleans. La. As president
christopher j. Hay, New Orleans. La. a
cr-preSident, and X. W. Williams New
Orleans. La. secretary and treasurer
= to serve as such until the second TucSda
b. in March, 1921, or until their successor
f shall have been elected and qualified. Tn
subscribers TO the capital stock of SAT-
corporation and their respective addreSsc
are: Hendrix Jansen. New Orleans, La
p forty-twO (42) shares; christopher j. Hay
2 New Orleans. La, nineteen u9D shares
Harold l.. Carter. New Orleans, La, nine
= teen C9) shares.
Thus done and passed at my office i
! the City of New Orleans, in the presenC
: Of MCSSrS Jacob +. Baer and Eugen
! Thorpe, competent witnesses, of Lawful
5 age both Of this city, who hereuntO sig
! their names, together with the said al
bearers and me, Notary, on the day an
e date aforesaid. after due reading of TIA
whole. (Original Signed). Ii. Il. Garter
4 New Orleans. La, - shares, $1,000; G. j
{ Hay. New Orleans, La, 10 shares, $1,000
: II. Jansen. New Orleans La. ~ share:
; 81 200 Witnesses: Jacob +. Baer, Eu
= gene Thorpe. Al. c. Hammer, Not. Put
- (Seal)
= |, the undersigned recorder Of Mortgage
e in ana for the Parish of Orleans, Stat
: of Louisiana. do hereby certify that tn
| above and foregoing Act OF Incorporate
e of the The Hardwood Export Co. Inc.
: was this day duly recorded in my OffC
in Book l23S. folio - New Orleans
= March 2nd, 1920. (Signed) Emil ]. Leon
e ard. by. II.
! l, the undersigned Notary Public, d
= hereby certify that the above and for,
= going is a true and correct copy of I'll
!, Act of Incorporation of The HardwOo
u Export Co. Inc" on file and of record
I my office. together with the certificate
the Deputy Recorder of Mortgages Their,
T TO attached. Witness my hand and So;
: Of office at New Orleans. La, this IN
day of March, 1920.
AL. c. HAMMER.
= (Seal) MCh. i-Apr. S.