The herald., 1921-03-24
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 1t known, That on this the
twenty-secOnd day Of the month of jan
thousand, nine hundred and twenty -one,
and of the Independence of the United
States of America the one hundred and
forty fifth, before me, Arthur A. 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,
following persons whose names are
hereuntO subscribed together with the
amounts of their respective subscriptions
to the capital stock of the corporation to
be formed, who severally declare that:
availing themselves of the provisions of
the general laws Of the State of Louis
lana relative to the organization of cor
porations, they have covenanted and
agreed, and do by these presents cove
nant and agree, and bind and obligate
themselves, as well as such other persons
as may hereafter become associated with
them. or their successors, to form and con-
stitute themselves into corporation and
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
this corporation shall have power and au-
thority to have and enjoy succession for
the full term of ninety mine 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 corporate seal; TO pur-
chase and receive, lease, hold, sell and con-
yey, as well as mortgage and hypOthecate,
property, real, personal and mixed; to
name and appoint such officers and agents
q q a I'M NJ col
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
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 1t 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
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 shah be twenty-five thous-
and G25, 000.00) dollars, divided into two
hundred and fifty (250) shares of the par
value Of one hundred $4,000 dollars
each. and may be increased to the sum
of fifty thousand ESQ, OOOOO) dollars, d.
vided into five hundred 5000 shares Of the
par value of one hundred ($1O0OO) dol
lars each, and this corporation Is to be
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 or
by proxy, at all general elections or meet
fngs Of the stockholders.
ARTICLE v.-No stakeholder shall ever
be held liable or responsible for the in
debtedness, faults or defaults Of this cor
poration, nor shall any mere informally
In the organization Of the corporation have
the effect Of rendering the charter null,
or OF exposing the stockholders to any liza
bflity beyond the unpaid balance, IL any,
on their subscriptions.
ARTICLE VI-This corporation shall
have all powers granted to such corpora
tons by law and shall have the power to
contract, sue and be sued In its corporate
name, and to own, hold, receive, loan,
lease, purchase, sell and convey or mort
gage any and all Of fits effects, or to hypo-
thecate its property and to do any and all
acts and things Of any other kind. nature
or description as may be necessary to
carry out the objects and purposes Of said