The herald., 1920-06-03
CHARTER HOUMA LATH HEADING
COMPANY, INCORPORATED.

State of Louisiant, Parish of Terre-
bonnie. BE ii known, That on this 18th
day of the month of May, I'll the year of
our Lord nineteen hundred and twenty
before me, Henry NJ. BOurg, a notary pub
lie, duly commissioned and qualified in
and for the parish of Terrebonne, state
aforesaid, and in the presence of the wit
nesses hereinafter named anG undersigned
personally came and appeared the sew
eral persons whose names are hereunto
subscribed, who declared that awaiting
themselves of the laws of the state of
Louisiana relative to the formation OF
corporations, and especially of Act 267 of
1914, they do hereby form themselves,
their associates and successors into a cor
poratiOn under the following conditions
which they hereby adopt as their articles
of incorporation or charter, tO-wit:
ARTICLE 1.-The name and style Of
this corporation shall be "Houma Lath
X Heading Company, Incorporated" and
existence for ninety-nine years from and
after this date, unless sooner dissolved
its dOmicile shall be in the city of New
Orleans, La; citation and all legal process
shall be served upon the president, or in
his absence upon the secretary treasurer
of this corporation.
ARTICLE 1.-THE object and purposes
for which this corporation is formed and
the nature of the business to be carried
on by il are hereby declared to be: The
%
laths, headings, and ether articles and
commodities from cypress and other tim
Der; the buying and selling of lands,
swamps, and other property; the opera
ton of one or more stores cOmmissaries.
and other mercantile establishments; the
operating of tramways and narrow gauge
railroads, bOat-lines, and other transpOr-
tatiOn devices; the owning and operating
OF factories, plants and mercantile estab-
llShments; and to exercise all powers con-
nv Act
of 1914 of the Legislature of Louisiana
and the amendments thereto.
ARTICLE llI.-The capital stock of this
corporation is hereby fixed at ten thou
sand (SlO,OOOO0) dollars, all or which shall
be common stock; said stock shall be rep
resented by one hundred shares of the par
value of one hundred dollars each. Ne
StOckhOlder shall have the right to dispose
of his stock until he shall have first of
fered the same to the other stockholders
of this corporation, and the said stock
holders shall have the right for ten DAYS
from the date Of such offer, through the
board of directors, to purchase said shares
at their book value as shown by the bal
ance sheets last made. This CORPORATION
snail be authorized to begin business and
become going concern as soon as five
thousand dollars of its capital stock shall
have been subscribed and paid in; but the
capital stock shall not be increased be
yond ten thousand dollars without the
consent OF twO-thirds of all of the out
standing stock.
ARTICLE IV.-All of the corporate now
ers of this corporation shall be vested in
and exercised by a board of directors
composed of three stockholders who shall
De elected at meetiAg of the stockholders
held for that purpose, at the domicile of
the corporation on the second Tuesday in
January each year, beginning with the
second Tuesday of January, 1921, notice
OF which meeting shall be given to each
stockholder at least fifteen DAYS prior to
such meeting, either personally or by de-
posting said notices in the Postoffice
properly addressed to the Yast known nd.
dress of each stakeholder as shown by
the books of the corporation. at least
fifteen days before such meeting. The
first board of directors of this corpora
ton is hereby declared to be composed of
Leon1das +. Gouner, of Terrebonne Par
Ism, La, A. G. Darden, of New Orleans
La, and Clinton Fulton. of New Orleans
La, and they shall hold office until the
second Tuesday of January, 1921, or un-
III their successors are elected and mali
ned. The board of directors of this cor
porat1on shall, Immediately after their
election and qualification elect from
among their number a president, vice
president and a secretary treasurer The
iirst president Of this corporation shall
De clinton Fulton, the first vice. president
snail be Leonidas f. Gouner and the first
secretary treasurer shall me A. G. Darden