The herald. [volume] (New Orleans, La.) 1905-1953, 1921-03-31
CHARTER

h"r"iuf.."r named and unS. .ne 80
~onallF came and appearog slgaej q =
her"ludtt"r describing. wbo Ae y
awaiting themselves ofs ~ Gehss
state of Louisiana, on NJ He hEs
pUra'luus. they have con Slolett 81
selves. their successors ana sN'lIetst n
poratiuu under the stinuiat;as Slgls fhl
set "ur which they her" IONS n. AFs ID
ats their barter to-wit: ''e'eNf p
A.TI'fE The name ma, q
ton shall hu bike Lumber & 6 Sls q, y.
and IT, Rod of duration SSa IVt q N
min" years from and sf,a. ~
hereof aaf - shall have 70, !, ns ~
Of the business to De carrisd 'le y
the powers soHferred by isp w ~
rorations. sHi shall exercise rs1 w e
th" powers necessary to carr 8
business. u
ARTICLE 1.-THE dOmieila =,
p"rat.oH sail bee in the Civ " "
leans. Srgr. OF Louisiana ana M =,
and oIu,r i--H, process sbsn ~ u
upon t.. President and in "
or iua"...'E 10 act, upon any ~
ARTICLE III.-The objects An, c(
for which This cOrpOration a. ~ u
and the nature of the business ,Ost)e
ried un by il are here declarssy II
purchase and sale Of lumber 3
uudrr--ed ia" purchase Of Irvs~
dressed. and the dressing Of ss u
mill owned or leased by this cs, 2
the Purrh|~" IF lumber and tho w p
turc OF the same into boxes Of ~ q
all ami every kind, the purchase y r
uf boxes au. shocks. and gens,.w- =
each and every act Necessary IA y
frctiyc the above described busin.-
| TO do every Kind Of business inca p
! the businesses above specified 4,
thereto or Connected therewitb
ARTICLE Iy.-The amount a, a. d
tai stock ut this corporation is bs,, n
| clarrd t. Doe i've thousand dollar II
which shall consist OF fifty CjM a. i
| the par Nslr" of one hundr5 y
! ls1OO share. fifty per cent Of a,
/ shall he subscribed for before "A. Il
| OF these articles Of incorporation =, n
| per cent of said subscriptions tv...
per cent oI the capitaD shall be \ Il
| before this corporation shall en-
business. which may be. however A \
or property. All stock subSrBs
shall bee paid for in cash or in ~
actually received by the cOrporatT 4
labor actually done for the eOrpos
| The amount 10 which the capitI I
of this corporation may be incls.r
$2J. 900.
No transfer of the stock Of n.
pOration shall be- binding on thi, -
tion unless made on the books Of \
| pOration. and 10 sale or other diN
thereof shall be valid unless the 4
first offered To- the remaining stOli
OF this company for ten days Al
not to exceed the book value ths.
the date of the said offer, after N
! the said offer Is not accepted, "A,
! may be sold by the owner Thereof
All stock acquired in this cOrporatn :
be subject to the provisions Of this I
ARTICLE V.--All the powers Of b /
poration shall he vested in and d |
ness of this corporation mansss
transacted by a Board Of DirectoH
composed of three 49,, two Of Wis
constitute a quorum. The Boat |
rectorS shall he elected Annually L
, first Tuesday in January.
; The first Board of Directors ~
, thi, charter shall serve until h!
= annual meeting of the stOckhSa
= until their SUCCESSORS are elects
? qualified.
! The first Board of Directors ID
P sist of the following: Francis 1
I New Orleans, La; William 6. Du Il
T OrleSns. La: l.. ]. hampton, N|
: leans. La: Mrs. VIM. q. Day, NV 4
r La. and Of the above named Difez|
l following shall be the officers; D,
| Towner. president; William G. ca
D president: l.. j. hampton, sec.trGl
r of whom shall hold office until thgl
o ceSsors are elected and qualified
Each subsequent Board Of DifectruI
y elect from its number, as soon IS
y after its own election, a presideut 4
y PRESIDENT and a secretary treasas1
may appoint such agents or empleV'
Z they may deem proper for the buaA
; this corporation.
II All elections shall be by ballot
:. office of the corporation, under tn
= vision of. two commissioners q
p pointed by the Board, which said q.
Sioners need not be stockholders.
= of such meeting or any other NET
n the stockholders, or Board Of Hr
a unless waived by unanimous eonSa-
y be given by the secretary, al leas
~ DAYS prior to the date OIL the
u in writing. either in person or oi
said notice to the last known aco'
said stockholders. At all meeting,
- stockholders. every stockholdef !,
- entitled to one vote for each sna
= share of stock in his name on n'
= of the corporation on the date Of y
S ing. Said votes may be cast ID y
- by proxy, which proxy must w
- ing. and majority OF votes 80 "a
elect or determine.
The failure to hold elections
n the said directors shall not ahea
~ solve the corporation nor Impair Y
d, agement in any respect; but Ihe
~ then in office shall hold once w
no successors are elected ana quahhe-
": All vacancies on the Board, %
y " for what cause. shall be hileu "
'df mainder of the term OF the wv
y, vi by the remaining directors. ~,
~. of the Board may appoint piOn
pl ing TO represent him at the I ,,.,
ne the Board. who need not De "''
in ARTICLE VI.-This act o. ~
or ton may he modified, chansss ,i., !,
~ amended, or the said corpyIsus~., I
re- dissolved with the assent 81 ~ ~
ey the capital stock outstahui liz
DR. ing of the stockholders eallls
,p- purpose. after fifteen days nO.ss =
he ing. delivered either In pefsya
Iu- to the last known address u =, III
holders fifteen days prior "
no the meeting. All notices MAJ
nd nv unanimous consent. Id az
IL lution the affairs of the eOipv,s.-,
an, be-liuuidated by two eommissi'''
he chosen by the stockholders
go ARTICLE VINO ssOcs ..sI,.
en- ever be held liable for the l's =,
wv tracts of this corporation u a. -
ur- sum than the unpaid baians ~ Z
rec poration on the shares Oh st Ssa
H. the said stOckhOlder; nor sss
informality in its organlIau'., !:
In eject of rendering this ehai'. =,
exnosinp the stockholders " - 4
o. beyond the amount due On Nh :
the scription.
ARTICLE yIII.-The su ,1Ir,s
HE Mrs. William q. Day for Us 4
ms To This charter for the SUE
% hundred dollars (sl3OO) Is W.
transfer TO this corporation =. Y,
i ;ah Of the merchandise descrioea n
ich mont hereto attached and ma, a.
III Some totoIling the full sum ., =,
zoe. balance of $149.66 over anu liza IA
as sum of $500 to be creai', ~ "a,
G.. Day on the books Q. ,.S tie
the said statement showihn,sh q
sell, the said merchandise Slrssi'
cor ment is sworn to by lhe "a
my, said corporation, and wn iion SiIl
rior is to be read in connec, .V,t,tsr
and chor,ar the same as II WI, "a