The St. Mary banner., 1921-04-16
CHARTER or THE rEcaE srAyE FACTORY
INC.
United STATES or AMERICA,
Gt.t. ~ ouisIapa

State of Louisiana,
Parish Of st Mary.
BE Il known. That on this l4th day Of
March. 1921. before ne, Robert T. Bf"m9}e
Notary Public, duly commissioned ana quhglh.d
within and for the Parish Of st MARY Hta'f
Of Louisiana and IN the presence oi me WI
nesses hereinafter named and uhdcraiSn
personally came and appeared, II ?. S@raykc
W y Senneitr j NJ Higeot, !. ;. Wooster
Oscar Boudreaux Edward R"blchauN. Lauren /
& Allcman Ernest Rcnud, Felix } DeVh
lIer Nmma HannagrIn. Matter senhcue'
and William j Young Of C"ntrevllle. Louis /
lana and John C. Clnnscn Of Foster =. o..
louisiana. scvcraly declared unto me Notary
that availing themsclv 9t III" laws :" n"
State Of Louisiana. they did and do by ines"
presents covenant. agree and organize mem
selves and those who may hereafter hrcomr
associated with them into and as corporation
and body polite under the following terms ,
and conditions constituting their charter.
ARTICLE l.
The name Of this corporation shall be:
TECTIE STAVE FACTORY, INC,
under which name il shall have corporate eN
istcnce and succession for the period OF Nine
ty.nine t99) years from the date hereof, un
less lawfully dissolved
ARTICLE III.
The, purpose for which this corporation IS
formed is: -
To engage in the timber stave. tie. lumber
and cooprragc business 10 lease, buy, sell or
dispose Of timber and timber lands; to carry
on logging operations: to buy, manufacture
and sell tns To lease, own or Operate u"
camps, stave cooperage mills, sawrhills. coop
rrare or barrel factories or other timber man
sen timber and lumber and all products there,
Of whether 10 the rough or manufactured
state: to manufacture. buy, sell or dispose Of
slaves and cooperagr. to own and operate stave
and cooperaee mills and barrel factories, 10
manufacture buy sell barrels; TO engage III
construction building and general contracting
business 10 lease, buy or acquire property,
movable and immovablc or both. and to hold
the same, develop operate and improve, lease
sell dispose Of the same; to engage IN thG
mercantile business wholesale or retan; ana
gunD nm
tother than that OF public service corpora
tion) have such powers and to do ana per
form such acts as may be permitted by Jaw
to one corporation, well as all other acts
ARTICLE III.
This company shall have power in its cor
porate name to contract. sue and be sued; 10
make and a corporate seal and the same
TO break or alter at pleasure; 10 acquire prop
'erty Of all kinds by any means whatsoever or
TO hire, or lease the same to hold use sell
or otherwise dispose Of same, AS IT may elect,
as well to mortgage, pledge or hypothe
cate the same subject only to such lImita-
tions as may be- prescribed by law: and in
general, to do, have power TO- or perform an!
and all acts of whatsoever kind, Incidental or
usual 10 corporation
In ali matters not specifically provided for
herein this corporation shall be deemed TO
have, possess and exercise any and all other
and further powers as may be given 1t by
said Act 267 Of 1914 or other laws of this
state.
company shall be vested in the Board of Di-
rectors consisting Of ten stockholders OF the
corporation Said Board OF Directors shall
elect a President. Vice President, and Secre-
tary Treasurer from among their number, TO-
gether with such managers and subordinate
officials as in their judgment may be neces,
sary, all Of such officers and agents to nave
such powers ~ said Board may delegate 10
them by general bylaws. or special resoln'
tions. and TO hold their office at the pleasure
OF the Board OF Directors,
Directors
their proxy TO any stakeholder or other direc-
tor. Vacancies in the Board shall be hled b!
the remaining members.
Until the first stockholders meeting in l922,
the Board OF Directors shall consist OF:
III S Nardyke, Cenireville, Louisiana
W ~ Senpettp Centrevie, Louisiana
7 M Mtgeot Ccntreville, Louisiana
I y Wooster Centrcville, Louisiana
Oscar Boudrraux. Cenireville, Louisiana
Edward Rubichaux Gentreville. Louisiana
Laurent $, Aileman, Centrevllle. Louisiana
r J. Duvillier Centreville, Louisiana
William y. Young Centreville, louisiana
John C. C1ausen Foster +. o., Louisiana
which board shall meet immediately after the
adoption Of this act of incorporation, at the
domieiie of the company, and elect the Officers
for the remainder of the business year. and
fil any vacancies among the number.
ARTICLE v.
The annual stockholders meeting shall b'
held on the first Monday after the first Tues
day of Janusry of each year after due and
legal notice, at the domice OF said company
which meeting shall elect the Directors for thf
ensuing year, well as transact any other
business Of said corporation coming before 1t
Each stockholder shall be entitled to on,
vote for each share Of the capital stock held
ever that each and every stockholder shall
also have the right At their aoption Of cumu
i'ise voting IN tRrMfs s fsf'I9e vf o. said Directors
The domicile OF this company is hereby
hxed q Centreviie. Parish Of 81. Mary, state
OF Louisiana, where all legal process shall be
served, as provided by law.
NH+ ARTICLE VII
The csptal stock Of this company shall he
Ten Tl0ASAnd Dollars ($i0, 0,000.oo), divided
into two Nundred taoo) shares Of the par
value of Fifty ts50.00) Dollars each. fully
paid and non .assessable, all of said shares 10
capital stock may be increased as provided by
law. not exceeding Fifty Thousand Dollars
f$50.00o,00l. such increase of stock to be
represented by shares Of the par value of fifty
ts50,0ol dollars each and to be sold for
such sums not less than par, as the Directors
may elect. Stock may be paid for in cash,
or EXCHANGED isr aRTfc%s isrci'ss %I1f q properly
Upon the expiration of this Charter. either
by limitation or action Of the stockholders. its
affairs shall be liquidated and wound up in
'''1 ARTICLE TX.
II being understood that certain pr0party
Is TO be taken in payment for stocks subscribed
Nv the incorporates, q list of such property,
appraised By the Board Of Directors is hereto
annexed marked Exhibit a and made part
OF this charter. and the Board of Directors
IL hereby vested with fun power to accept
property offered in exchange, at such value
and on such terms 4 say fit. and TO
issue certificates of stock in exchange therefor.
ARTICLE Y
This corporation shall become a going con.
cern Nes soon as Five Thousand (S5 o00.00)
Dollars Of the capital stock has been actually
xnhscrihed for. and that this act OF incorpo-
ration may also serve as subscription list,
me parties hereto have affixed opposite their
names the number of shares Of capital stock
for which each subscribed
s~Tkus done and signed at Centreville. Louis
iana On the. day, month and year first above
4S~~Stt.r In the nreSruee of L, a. 1,reyembprg