The St. Mary banner., 1921-04-30
CHARTER or THE TEcnE sTAvE FACTORY.
INC.


of Louisiana and Ia the pr+nenc" 81 the WY
nnsse4 hereinafter named and undrrS Ignrd
personally came and APPEARED II. ;. N9rdNE"
" f. Scnuetta 4 NJ NiEcnt. J. ; wooster
Oscar patldrcauY Fdaard EahirhauE Laur,T
s Al, nan Ernest ! RIcaud. Felix !. Dcvl
lioT. Numa f.. HannaGr", Walter T. SeiLHeite'
and William 7. Young ~ Z. I'..'" l."n's
is-a 4ad .john q. Ciausen Of Foster J.. -
Louisiana rrveraly ded red unto me Notary
fh,t nvsiling thrnI.rtyce of the laws of the
State Of Louisiana, th"y did anu do by these
, pres-Ets covenant. agree and organize them
: SELVES and those who hereafter become
associatrd with them into and corporation
and hoiv potic under thr following torlas
aud conditions constituting their charter,
ARTICLE !.
. The name Of this corporation shall be:
TECHE STAVE FACTORY, INC.
under which name II shall nave corporate TX
isiencr and succession for the period Of Nine
ty.nine (99l wears from Tie date hereof, nm
les, lawfully dissolved
ARTICLE H.
The purpose for which this corporation l-
formed is: :
To engage in the timber. stave tie lumber
and cooprrage business; TO lease, buy. sell or
dispose Of timber and timber lands t." carry
on logging operations. Ia buy mauuiacthr"
and sell ties tn lease, own or operate tI"
camps stave or coop"rage mills. sawmlls, coop
crage or barrel factories, or other timber man
ufact0res of any kind whatsoever to buy and
sell timber and lumber and all products there
Of. whether in the rough nrg manufactured
htste: to manufacture buy, sell or dispose OF
slaves ana cOOlJrrdge, 10 own ana operate sIdNt
and cOoperage mills and barrel factories; TO
Manufacture, buy sell barrels; to engage IL
construction building and general contracting
business. 10 lease, buy or acquire property;
movable and immovable or both. and 10 hold
the same develop. operate and improve, lease,
tel or dispose OF the same to engage in the
mercantile business, wholesale or retail; ana
10 engage in any and all other businesses
(other than that Of public service corpora
fiOn) have such powers and TO do and per
form such acts as may be permitted by law
10 one, CORPORATION. as we'll as all other acts
ARTICLE III.
This company shall have power in its cor
porate name to contract, sue and be sued; TO
make and use a corporate seal and the same
to break or alter at pleasure; to acquire prop
erty Of all kinds by any means whatsoever or
to hire. or lease the same, 10 hold. use, sell
or otherwise dispose of same, as it may elect,
as well to mortgage, pledge or hypothe-
cate the same. snbjcct only 10 such limita-
tions may be prescribed by law: and. IN
general, TO do have power TO, or perform any
and all acts of whatsoever kind, Incidental or
usual to u corporation.
In all 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 il by
said Act 267 Of 1914. or other laws Of this
state.
The entire and full corporate power Of this
company shah be vested in the Board of Dl-
reetors consisting Of ten stockholders Of the
corporation. Said Board of Directors shall
elect President Vice President, and Secre-
tary Treasurer from among their number to
gethrr with such managers aud subordinate
officials as in their Judgment may be neccs-
sary. all Of such officers and agents to nave
such powers as said Board may delegate TO
Them by general bylaws. or special rcsolu
tlous. and to hold their office at the pleasure
Of the Board Of Directors.
Directors may for single meeting grant
their proxy 10 any stakeholder or other dTec-
tor. Vacancies in the Board shall be filed by
the remaining members.
Until the first stockholders meeting in l922.
the Board Of Directors shall consist of:
IT, s. Nordyke. Centrcvie Louisiana
". r. Sennettc, Centreve, Louisiana
j. NJ Migeot, Centrevic. Louisiana
7 s. Wooster Ccntreve, Louisiana
Oscar Boudreaux, Ccntreve. Louisiana
Edward Robichaux. Centreve, Louisiana
Laurent 8 Ainman fentrevc Louisiana
T. J. Duvler Centreve. Louisiana
William ! Young Centreve, Louisiana
John G. Clauscn Foster + o., Louisiana
which board shah meet Immediately after the
adoption Of this act Of Incorporation, at the
domicile OF the company, and elect the officers
for the remainder Of the business year, and
fill any vacancies among the number.
ARTICLE V
The annual stockholders meeting shall be
held on the first Monday after the first Tues
day OF January of each year. after due and
legal notice. at the domicle Of said company.
which meeting shall elect the Directors for the
ensuing year. as well transact any other
business of said corporation coming before it.
Each stockholder shall be entitled 10 one
vote for each share OF the capital stock held
by him in person or by proxy. provided how
ever that each and every stockhodrr shall
also have the right at their option of cumu-
live voting in ,hs festlsn ! r Of said Directors
The domicile of this company is hereby
fixed at Centreyillc, Parish Of St Mary, State
OF Louisiana. where all legal process shall be
served as provided by law
ARTICLE VII
The capital stock of this company shall be
Ten Thousand Dollars (sl0,00o.00). divided
into two hundred (2eol shares of the par
value Of Fifty (s5o.0o) Dollars each fully
paid and non assessahie all of said shares 10
be OF equsi rank. provided lsowever. that said
law. not exceeding Fifty Thousand Dollars
(s50, 900. .oob. such increase of stock 10 be
represented by shares of the par value of fifty
$4,000 dollars each, and 10 be sold for
may elect. Stock may be paid for in cash,
ARTICLE VII
Upon the expiration OF this Charter, either
by limitation action of the stockholders. its
affairs shall be liquidated and wound up in
accordance with law.
ARTICLE TX
II being understood that certain property
is to be taken in psyment for stocks subscribed
py 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
is hereby vested with fun power TO accept
property offered in exchange. at such value
and on such terms l. may see fit, and TO
issue certificates of stock in exchange therefor
ARTICLE Y.
This corporation shall become a going con
eern ss soon Five Thousand (S5000o0l
Dollars of the capital stock has been actually
subscribed for, and that this act of incurpo.
ration may also serve a subscription list.
the parties hereto have affixed opposite their
names the number of shares Of capital stock
for which each subscribed.
Thus done and signed at CentrevIle Louis. |
lana, on the day month and year first above |
written in the presence Of l.. C. Grevemberg |
and Jessie Black, two competent witnesses |
and me, Notary, after due reading of the |
whole.
L. s. ALLEMAN, 10 shares.
l. s. WOOSTER 10 shares.
ERNEST RICAuD, 5 shares.
J. C. CLACSFN 10 shares