The herald. [volume] (New Orleans, La.) 1905-1953, 1922-04-06
CHARTER.
CHARTER OF
PONTCHARTRAIN TIMBER COM

PANY, INC.
United States OF America, State OF
Louisiana, Parish of Orleans, City Of
New Orleans. BE IL known that on this
twenty ninth (29th) day of the month of
March, In the year Of our Lord, one
thousand nine hundred and twenty-five,
and of the Independence of the United
States of America, the one hundred and
forty sixth, before me, FELIX JOSEPH
RUG, Notary Public, duly commits
stoned and qualified In and for the Parish
of Orleans, State of Louisiana, therein
residing, and in the presence of the Wit
nesses hereinafter named and Undersigned,
personally came and appeared George 5.
Balmer. whose postOffice address is 436
South Scott Street, New Orleans, Louis
lana; Robert NJ. Townsend, whose post
office address Is $40 Bordeaux Street,
New Orleans, Louisiana, and Lawrence
Z. Daigre, whose pOstoffice address Is
2130 Jena Street. New Orleans. Louisiana,
all being above the full age of majority,
who declared that, availing themselves
OF the provisions of the laws and OF the
Constitution of the state of Louisiana
relative to the organization of corpora
lions, they have contracted and agreed.
and do by these presents contract and
agree and bind themselves, as well
such persons as may hereafter become
associated with them, to form and con-
stitute a corporation and body polite in
law for the objects and purposes and
lowing, to-wit:
ARTICLE l. The name or this cor
poration shall be PONTCHARTRAIN
TIMBER COMPANY, INC, and Ii shall
after its name use the word 'incorpor-
ated," or its abbreviation, "inc.," and
under this name 1t shall have the power
and authority OF corporate existence ana
continue for period Of ninety nine
years from the date hereof. and shall
have and exercise, for the purpose of the
business to be carried on by Ii, all the
powers conferred by law on similar cor
porations, including the power to make
and use a corporate SEAL the same to
break or change at pleasure; to con-
tract. sue and be sued in its corporate
name;i to own, hold, receive, purchase.
ALLEVIATE, lien. convey, mortgage. hypoth-
ecate, pledge or otherwise cucumber
property, both real and personal, in the
United States and In any and all foreign
or other places; to name and appoint
such officers, managers, directors, agents
and employees IL deems necessary;
to establish branches in all parts of the
world and to confer upon the company's
agents or representatives thereat such
powers as to the Board of Directors may
seem necessary or advisable; to adopt
and establish such bylaws, rules and
regulations as may be necessary and
proper, and the same to amend, alter
and abolish at pleasure, and generally
to do and perform all such acts as may
be proper and necessary to carry out
and execute the purposes Of this cor
poration.
ARTICLE ii. The domicile of this
corporation shall be in the City Of New
Orleans. State Of Louisiana, and citation
and all legal process shall be served
upon the President; and, In his absence
or inability to act, upon the Vice-Presi- |
dent; and In his absence or inability to
act. upon the Secretary Treasurer.
n
poses for which this corporation is |
organized and the general nature Of the |
business TO be conducted by 1t are here |
by declared to be: To manufacture. buy |
land sell. and deal In any and all kinds |
md classes Of timber. lumber, slaves |
export all kinds Of timber. lumber and |
otner forest products; to buy and sell |
roonng and building materials of every
kind; to charter ships and other ves-
sells; to buy and sell timber lands OF
all kinds; to erect the necessary saw
mills, planning mills, trans and RAILWAYS
TO market same; to manufacture buy,
sell and deal In all kinds of wooden
boxes, handles, crates and other wooden
articles, and generally to do any and all
acts whatsoever necessary for the use OF
the business Of the corporation, incidental
to. connected with, or relating to the
aforesaid business.
ARTICLE ". The amount of the
capital stock Of this corporation shall
be Six Thousand Dollars (S8.0O0.OO), pay
able cash or In property or labor act
ually received by the corporation. divided
into and represented by sixty (60) shares
of the par value of One Hundred Dol
lars $100.00) per share, which capital
stock may be increased to
The subscription Of George s. Baimer
to twenty COZ shares Of the capital
stock Of this corporation consists in
whole Of good viii conveyed to the cor
poration. fully described In an act Of sale
By the said George s. Balmer to this
corporation. passed before the under
dgned Notary on this day, which said
rood will Is appraised by the directors
Z this corporation at the sum Of TwoI
thousand Dollars $4,000, 0000.
Stakeholder shall In all stockholders
be entitled to one vote. In per-
o. or by written proxy, for each share !
( capital stock held BY them. or they
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