The herald., 1920-02-12
CHARTER.

ARTICLE 1.-THE capital stock of this
corporation Is hereby fixed at five thous-
and (S5,o00O0) dollars, and said stock
shall be divided into and represent n Ds
hundred (Sl00.0O) dollars each. Said stock
NAV be increased to ten thousand $lo,-
OOO.6O) dollars, divided into and represent
ed by one hundred ZOO shares OF the par
each. None of said stock shall De SOLO or
transferred to any person not already
stakeholder in said Company, without first
being offered in writing at Its book value
TO the stockholders Of the Company Tor
a period of not less than thirty days. Such
offer shall be made in writing to each
stockholder Of record, who shall have the
right during said thirty days to purchase
Mt its book value the same proportion OF
the stock so offered as the stock already
held and owned by hip bears to the whole
amount of stock outstanding, exclusive OF
the stock SO offered; provided, that any
stockholder shall also have the right TO
purchase any~Such stock not purchased py
other stockhVlders entitled to purchase
sane. -. ..,
or mandatory To deal and trade. at
wnolesale or retail. in lumber. wood
products or any other goods, wares or
merchandise. and in furtherance thereoi
to buy, acquire, sell, handie. deaI IN anu
dispose Of all kinds of lumber, wood
products or any other goods, wares or
merchandise, both wholesale and retail ;
to enter into. make. perform and carry
out contracts and agreements OF every
sort and kind convenient for such business
with any person. firm. association, corpor-
ation private, public or municlpai or
body polite. and to purchase, lease or
otherwise acquire any ana al rlsnts,
privileges. permits. licenses or FRANCHISES
suitable or convenient in the Judgment OF
the Board Of Directors, for the purpose
of the business of the corporation; ana
generally to do all things necessary or IN
cident to the proper conduct or its anairs.
whether specifically enumerated herein or
not. a
ARTICLE Iv.-The corporate powers OF
this corporation shall be vested IN
BOARD of Directors. of not less than three
or more than seven. majority OF whom
shall constitute a quorum for the Tahsac-
ton OF business: and the officers OF TINS
corporation shall be President. a vice
President. a Secretary and Treasurer
tary Treasurer. The first Board OF Di-
rectors shall be composed Of Albert Ernest
Roadle Walter c. Brandt ana MISS
Beulah Brandt. all residents OF the Clty
Boadie as. President. Walter c: Brandt
as Vice President. and Miss Beulah Brandt
as Secretary Treasurer; and all OF said
directors and officers shall serve untii
their successors are elected and qualified
Meetings of stockholders for the election
OF Directors shall be held on the second
Tuesday in January, 1921, and In each
year thereafter.
Levi A. Hines and Frances Zimmerman,
eompetent witnesses, VINO have signed
their names hereto. together with said APP
bearers and me. Notary. on the date nrst
above written. ,.
(Names of subscribers and amounts SUD-
scribed omittedD
Witnesses: Levi A. Hines, Frances
Zimmerman. om
(Signed. THOS. E FohLD .n,,o
I. the undersigned, Recorder OF MORT
oages I'm and for the Parish of Orleans
State of Louisiana. do hereby certify that
the above and foregoing act of incorpora-
ton of the Boadle-Brandt Lumber com
many. Incorporated. was duly recorded IL
nv office In Book 1928. Folio =. New Or
| leans February =, 1920.
/ EMILE J. LEONARD, ID. k.
| THOS. r. FURLOW.s
Notary Public.