The herald. [volume] (New Orleans, La.) 1905-1953, 1922-06-08
CHARTER OF RICHARDSON LUMBER
COMPANY, INC.

United States of America. state OF
Louisiana, Parish Of Orleans. City of New
Orleans. BE ii known, that on this 18th
| day of the month of May, in the year
of our Lord. one thousand. nine hundred
and twenty-five. and of the Independents,
Of the United States OF America the one
hundred and fOrty-sixth. Before me
Conrad g. Collins a Notary Public. 6Lly
commissioned and qualified, in anS fol-
this city and the Parish of Orleans
therein residing and in the presence OF
the witnesses hereinafter named and un-
dersigned. Personally came and appeared
The persons whose names are hereto sub
/ scribed. who declared that availing them
selves of the provisions of the laws OF
the state of Louisiana. and particularly
| of those of Act 267 of the General Assem-
bly, of the State of Louisiana for the year
1914, they here covenant, agree and do
by these presents. covenant. agree, bind
form and constitute themselves as well
as such other persons who may hereafter
join and become associated with them
into corporation and body polite in
law, FOR the objects and purposes, and
under THE agreements and stipulatiOns
following, tO-wit:
ARTICLE THE name and style OF
this corporation shall be Richardson
Lumber Company, Incorporated, and I'M
der that name IL shall have and enjoy
all the rights, advantages and privileges
granted by law to corporations. 1t shall
exist for period Of 90 years from the
to sue and be sued in its corporate name :
to purchase and sell. lease mortgage and
pledge, property real and personal; to
have and employ such managers. agents
and employees as the interest and con-
venience of the corporation may require !:
TO make and establish such bylaws
rules and regulations for the control and
management Of the business and affairs
OF the corporation as may be deemed
necessary and expedient; to make and
use corporate seal and to break the
same ut pleasure
ARTICLE 1.-THE dOmicile Of this cor
poratiOn shall be in the city of New
orleans, state Of Louisiana. Citation and
the president and in his absence on the
secretary treasurer.
ARTICLE 1II-The objects and DUR
poses for which this corporation is form
ed and the business to be carried on by
II Is here declared to be: to carry on in
the full sense the Wholesale and Export
Lumber Business. and to engage in and
do all other things incidental to or neces-
Sary TOT the CONJUNCTION of said business
ARTlCLE IV-The Capital Stock of
this corporation is hereby fixed at the
sum Of Fifteen Thousand Dollars (sI5.-
Wo.oO). which said Capital Stock NAV he
increased Tn the manner provided by
Jaw TO 3 me sum of of One Hundred Thous-
stock shall he divided into One Hundred
and Fifty Shares 05O) of the par value
OF One Hundred Dollars (S100OO) each.
10 De paid for in cash or property. or
other rights actually transferred to the
corporation in lieu of cash, from appraised
Vhlue set upon said property or rights by
me Board of Directors. for which prom
erty so appraised and transferred the
corporation may issue full paid stock.
sign or transfer his stock in tbis cornoro-
corporation shall offer for sale. sell. as
sign transfer his stock in this corpora.
ton without first giving to the other
stockholders 80 days prior notice of sucb
Intention by notice thereof given in writ
ing to the President of the CORPORATION
and said notice shall by said President
be made known to the Directors of the
Corporation and the other stockholders
and they shall have the privilege of pur-
chasing said stock at the book value
thereof for n period of thirty DAYS from
the delivery of said notice to the Presi-
dent.
The stock of said corporation NAV he
transferred under the above conditions,
provided. said transfer thereof be made
on the hooks of said company at its
office. and upon the surrender Of the GER
tlflcate therefor. No transfer of any
fractional part Of n share shall be made
ARTICLE VI-All the corporate powers
OF this corporation shall be vested in,
ana the management and control of its
business and affairs be exercised by
iSoard OF Directors composed of Three
CS) stockholders. majority of the di-
rectors shall constitute a quorum for the
transaction of business. The drec-
tors shall be elected annually by ballot
beginning on the First Monday Of Nav
1923. and annually thereafter; all such