The herald., 1921-03-31
CHARTER OF THE FERCHAUD, WILL
LIAMS COMPANY, INC.

United States of America. State of Lou
iSiana, Parish of Orleans. City of New Or
leans. BE it known, That on this the
twenty second day of the month of Jan
uary. in the year of our Lord, the one
thousand. nine hundred and twenty-one.
and of the Independence of the United
States Of America the one hundred and
forty-tifth, before me, Arthur \. Moreno,
qualified. in and for this city and the
Parish of Orleans, therein residing
and in the presence OF the herein
after named and undersigned Witnesses
personally came and appeared the
following persons whose names are
hereunto subscribed together with the
amounts of their respective subscriptions
to the capital stock of the corporation to
he formed. who severally declare that.
avaiing themselves of the provisions Of
the general laws of the State of Louis
lana relative to the organization of cor
pOrationS, they have cOyenanted and
agreed, and do by these presents cove
nant and agree and Sind and obligate
themselves, as well as such other persons
as may hereafter become associated with
them. or their successors. to form and con-
body polite in law, and for the objects
and purposes and under the agreements
and stipulatiOns following. tO-Wit:
ARTICLE 1.-The name and title of this
corporation shall be Ferchaud, Williams
Company, Inc, and by this name and title
thOrity to have and enjoy succession for
the full term of ninety-nine years from the
date hereof: to contract, sue and be sued :;
to borrow money; TO make and issue Its
negotiable, prOmiSSOry notes, or other
evidences of Indebtedness: to create debts ;
to make and use n corporate seal; TO pur-
chase and receive, lease, hold. sell and con
vey, as well as mortgage and hypothecate
property. real, personal and mixed; to
name and appoint such officers and agents
as the interest of said corporation may re-
quire; to make and establish such bylaws
and regulations for the proper manage
ment and regulation of its affairs as may
be deemed necessary, and the same to
change, alter and amend at pleasure.
ARTICLE 1.-THE domicile of this cor
pOratiOn shall be in the City of New Or
leans, Parish of Orleans, State of Louis
lana. and all citations and other legal
process shall be served upon the president
of said corporation, or, in case of his alb
sence, upon the vice president, or. in case
of the absence of both of these officers,
upon the secretary hereof.
ARTICLE III.-The objects and pur-
poses for which this corporation is es-
tablished and the nature of the business
to be carried on by it are declared to be
the manufacture of piling and crOSs-ties
to purchase and sell timber lands; TO buy
and sell piling; to import and export pill
ing and crOss-ties; and generally TO do
every act and thing necessary or usually
done in connection with the business to
be carried on by this company.
ARTICLE IV.-The capital stock of this
corporation shall be twenty-five thOus-
and ($2J. 100000 dollars, divided into two
| hundred and fifty (250D shares of the par
value of one hundred (S100.00) dollars
each. and may be increased to the sum
| of fifty thousand $50OO0.00) dollars, di-
vided into five hundred $500 shares of the
par value of one hundred (S100OO dol
| lars each, and this corporation is to be
| a going concern when one-half of the
capital stock has been subscribed and one
half of which subscription has been paid
for.
| Each share of said stock shall be en-.
titled to one ~ vote, either in person OF
| by proxy, at all general elections or meet
| ings of the stockholders.
| ARTICLE v.-No stakeholder shall ever
| be held liable or responsible for the in
pOration, nor shall any mere informality
in the organization of the corporation have
| the effect of rendering the charter null
or of exposing the stockholders to any liza
bility beyond the unpaid balance, if any
on their subscriptions.
| ARTICLE .VI-This corporation shall
| have all powers granted to such corpora
| tions by law and shall have the power tC
contract, sue and be sued in les corporate
| name, and to own, hold, receive, loan
| lease, purchase. sell and convey or mort
gage any and all of its effects, or to hypo-
| thecate it's property and to do any and al
| acts and things of any other kind, nature
| or description as may be necessary Il
carry out the objects and purposes Of SAID