St. Tammany farmer. [volume] (Covington, La.) 1874-current, 1921-07-09
CHARTER #
Of the

O1111ANA 11V
Of the
J. d. KERR GRAVEL COMPANY,
INCORPORATED.
United State sof America, State of
Louisiana, Parish of st.
Tammany.
Be it known that on this 28th day
Of the month of May, in the year of
our Lord, One Thousand, Nine Hun
dred and TWenty-one, before me.
Paul A. Blanchard, Notary Public,
duly commissioned and qualified In
and for the Parish of St. Tammany,
State of Louisiana, and In the pres
ence of the witnesses hereinafter
named and Undersigned, personally
came and appeared the several per-
sons whose names are hereunto sub
scribed, who severally declared that
they are all of legal age, and that
availing themselves of the privileges
of the statutes and laws OF the State
of Louisiana, relative to the forma-
ton OF corporations, and particularly
Act No. 267 of the session of the
General Assembly of the Stats OF
Louisiana of 1914, they have cove
nanted and agreed, and do by these
presents covenant and agree and bind
and oDligate themselves as well as
such persons as may hereafter be-
come associated with them, to form
and constitute a body corporate and
polite in law, for the objects and
purposes, and under the stipulations
and provisions following, to-wit:
ARTICLE I.
The name and title of this corpora
ton shall be
J. d. Kerr Gravel Company,
incorporated,
and under that name. shall have and
enjoy all the rights, privileges and
advantages granted by law to cor.
porations and shall have the power
and autohrity to enjoy succession and
corporate existence for and during
the period OF ninety-nine years from
the date hereof, unless sooner dis
solved in the manner hereinafter pro-
vided for.
Said corporation shall have the
power and authority to contract, to
sue and be sued, to make and use a
corporate seal, and the same to
break, alter or amend at pleasure,
to hold, receive, purchase, convey,
deliver, mortgage, hypothecate and
pledge, any property, real or person
al, and to issue notes and other obi
cations, negotiable instruments or
other evidences of debt; to have and
employ such managers, agents and
other employees as the interest and
convenience of said corporation may
require or demand, and to make and
establish such bylaws, rules and reg
ulations for the corporate manage
ment and control OF its affairs as may
be deemed necessary and eNpedient.
ARTICLE II.
The objects and purposes for
which this corporation is created are
hereby declared to be to buy, sell
and lease land, timber, gravel pits,
sand and shell banks and mineral
rights; to operate and maintain grav-
ell pits, sawMills, planning mills, sand
and shell banks, oil wells, mines,
turpentine and retort plants; to oper-
ate and conduct general merchan-
disc business, buying and selling, at
wholesale and retail, either for its
own account or for account OF others,
all kinds of merchandise and sup
plies; to engage generally in the
construction of buildings and con-
struction business and with that pur-
pose to contract for the erection and
construction OF buildings, bridges.
roads and highways: to engage gen
orally in the manufacturing business,
and to manufacture all kinds Of
building, bridge and road material
by crusher and otherwise; treating
shells, gravel, lumber, piling and
other material SO as to make the
same suitable for commercial pur-
poses and generally to do such other
thing or things and to conduct such
other business or businesses, either
for it's own account, or as agent, for
others, as may be found necessary Or
convenient property to effectuate the
aforesaid purposes or to enhance the
prosperity and value of the rights
and privileges of this corporation.
ARTICLE III.
The capital stock of this corpora
ton is hereby fixed at One Hundred
Thousand ($1O0,000.O0) Dollars, Ii.
vided into or represented by One
Thousand (1OOO) shares OF the pal
value of One Hundred ($100.00)
Dollars each, of which not more thar
Fifty Thousand ($50,00.00) Dollars
or Five Hundred (50O) shares may
be preferred stock. The amount o.
preferred stock to be issued by thi!
corporation shall be determined b,
majority OF the Board Of Directors
When the Board Of Directors shall
have determined the amount Of pre-
ferred stock that this corporation
may issue, the remainder OF tn
stock shall be common stock Stool
of this corporation may be issued 70
cash or property, or the equivalen
thereof. No certificate OF stock shall
be issued until the same shall hay
! been paid for in. full. The stock shal
be evidenced by certificates issue
and signed by. the President and See
rotary. All shares of stock shal
be issued as full paid and nen-aS
sessable, and no transfer Of stoc
shall be binding on said corporatio
unless recorded on its books.
The preferred stock that may b
issued shall be paid dividend {
seven CD per cent per annum, pal
able semi-annually out of the nj