The herald., 1922-03-30
CHARTER.

| tending any meeting of said board may
give his written proxy to any other mem
Der of said board, whether said meeting
be general or special.
Three members of the board shall con-
stitute a quorum, and all business trans
acted at any meeting with quorum oil
three shall be binding upon the corpora
ton.
In tne event Of a tie vote of the board
of directors, the president OF this corpora
ton shall have the right to cast the de-
Gliding vote. and this whether he has pre-
viOusly voted or not
Meetings may be held away from the
domicile of the corporation. or. if desired
consent to do so is obtained from all mem
beers from all stockholders.
ARTICLE VII-The officers of this cor
pOration shall consist of a president, a
vice president. and secretary, and a
treasurer, provided the office of secretary
and treasurer may be held by one and the
same party.
The office of president of the corpora
ton will be held snd exercised by Edward
6. SwartZ until the annual election of Of
ficers on the second Tuesday Of June
1922.
If any vacancy should occur in the
board of directors of this corporation,
the stockholders shall name or elect a
successor until the next general election.
The president of this corporation shall
have the power and authority, without
the authorization of the board of direc-
tors, to purchase stock, bonds and other
property, real, personal or mixed. for said
corporation; to sell. mortgage. pledge. by
pOthecate or otherwise dispose of same
to issue and execute all notes, drafts and
checks, and sign all contracts, and to vote
all stock held by this cOmany in other cor
pOratiOns at all stockholders meetings.
The authority here conferred upon the
president, may. with the consent of the
president and the authority of the board
of directors, be vested in any other Of
ficer or director of said corporation for
such time and under such circumstances as
may be authorized by said board and
cOncurred in by said president.
The presidents concurrence may be
shown either by his participating in the
board meeting or by his written consent,
but no other person shall perform such
function without being authorized as pro-
vided for in this paragraph.
The election of directors shall be by
ballot or viva vOce, as the stockholders
may agree upon, but in all events each
stakeholder shall be entitled to one vote.
either in person or by written proxy. for
each share of the capital stock held by
him.
The names and postoffice addresses of
the subscribers to these articles of incOr-
poratiOn, and the number of shares sub
scribed for by each, are as follows: Ed
ward G.. SwartZ. New Orleans. Louisiana,
374S shares, 1874 10000; Charles W. Zieg-
Ter. Jr, New Orleans. Louisiana. 1 share,
$4,000; Albert J. Derbes, New Orleans,
Louisiana. 1 share, $4,000.
ARTICLE VIII-The charter of this
corporation may be modified or altered,
or the corporation dissolved or the capital
stock increased or decreased in the man
ner as now Is or as hereafter may be pre-
scribed by law. So also may said corpora
ton be liquidated in the manner as is
now or may hereafter be prescribed by
law
Thus done and passed at my office in
the city of New Orleans, Parish of Or
leans, State of Louisiana. in the presence
of Harry Gamble and l.. +. Ernst COM
petent witnesses. who have signed these
presents with said appearers, and me.
notary, after due reading of the whole.
Witnesses: Harry Gamble L. E. Ernst
ORIGINAL SIGNED)
Edward g. Swartz, 314S shares; Charles
W. Ziegler, Jr., 1 share; Albert J. Derbes,
i share.
HARRY EMMETT McENERNY.
STATE OF LOUISIANA.
PARISH OF ORLEANS.
Before me, the undersigned authority
in and for the Parish of Orleans duIy
qualified and commissionSi personally
came and appeared Edward e. Swartz
and Charles W. Ziegler, Jr., who being
by me duly sworn, did depose and say:
That they are both directors of the n q
Swartz. Inc, In the foregoing act of in
corporation. and that the entire amount
OF capital authorized has been subscribed
and paid in.
EDWARD G: swARTZ.
HARRY EMMETT McENERNY.
STATE OF LOUISIANA,
PARISH OF ORLEANS
Before me- the undersigned authority I'm
and for the Parish of Orleans, duly auali-
ned and commissioned, personally came
and appeared:
Edward g. swartz. Charles W. Ziegler.
Jr. and Albert ]. Derbes. who being duly
sworn, did depose and say:
ihat they are directors. named and ap-
pointed as such in the foregoing act OF
incorporation of the f. G. Swartz. Inc
exchange by Edward G. Swartz. for three
thousand, seven hundred and forty-eight
(3,'iS) shares of the capital stock of said
company has been appraised by them, as
S314SOO.OO tthree hundred and seventy
TOUR thousand. eight hundred dollars),
which property is itemized and described
as follows:
% Nine shares of stock Bank of Ascension
30 shares Perry Bank; % shares Delta
Lumber company 500 shares " A.
casualty Company; 100 shares A. G L. n
X: Co; 100 shares Atkinson r. X. Co:
I1o shares southern Pacific =. r. Co.: 100
shares Pacific Oil Company: which said
stock the above appraisers have appraised
at the sum of S25OOOOO:
- Assignment of contract by Edward q
Swartz to Edward G. SwartZ Inc contract
between Edward G. Swartz and st. Ber-
nard cypress Company, Ltd; contract
GATED August 25th 1919; by that contract
me TIMBER rights on said land, which |
1ane was owned by said Edward G. |
Swartz, was sold to the st. Bernard Cy-
press Company, Ltd: the Consideration
Tor the contract is being paid as the tim |
per is cut. and the appraisers have an
praised the contract as presently worth |
20 the corporation the sum and value OF |
three hundred fortyinine thousand. eight |
hundred dollars (S349. SOOOO).
The timber is situated on the follow |
ing described lands: Parish Of st. James, |
Louisiana, Ell p. Sec. 46; All of Sec. az.
All Of Sec. As NV IA of Sec 70.
4. IL. s. r. f.
, Parish OF st. Charles, Louisiana, 81 -
East OF X. r.. Sec. 81; All of Sec % frac.
All or frac. Sec. %; All of frac. Sec. %
81 ~ frac: Sec. 30: All of Sec. 80; All of
sec; "a; All of frac. Sec. 35;
I. ii, s. r. Z.
All g, Of frae Sec; p; All of frac. Sec 81;
All timber standing and fallen on the
LaPlace Plantation, belonging to Monte
sut Planting Co.. on Lots 1, ga and
sec II. All of frac. Sec. 10: All of Sec
70, All OF Sec. 81; All of Sec IS: All OF
sec 80; All Of Sec. 20; All of Sec. rs: All
y Sec. IL; All of Sec. IA; All of Sec Ga
MI or See. 81: All Of Sec. 9s; Sci "a of
,W1 "A. Sec. g. vi
II. IL. S. r. 7E
Parish Of st. John the Baptist, Louis.
Subscribed and sworn to before me ar
'ew Orleans. Louisiana, on this the 11tb
ay Of March, 1922