The herald., 1921-03-10
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 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
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
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 a 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 a corporate seal; 10 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
I 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
! 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
| 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 (S25 100000 dollars, divided into two
hundred and fifty ESQ shares eo of the par
each, and may be increased to the sum
of fifty thousand (S50,0OO00) dollars, d.
| vided into five hundred $500 shares of the
par value of one hundred $4,000 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 or
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
debtedness, faults or defaults Of this cor
poration, nor shall any mere informality
in the organization Of the corporation have
the effect Of rendering the charter null,