The herald. [volume] (New Orleans, La.) 1905-1953, 1922-05-25
CHARTER

Iii"d and forty-siyn,hh erica. g!s
Joseph Jackson, "a. Beto,sas
commissioned srS notary
. the Parish Of ana ana qualIf., 'es
} enc. 80 , residing aSSSSts eT
e. named and '"e Witness, ID L.
. came and Undersigned h
] Az. .'.'' ,.t ana residents T., aer.s,
~ az. ,.l : themselves % qecsrsS
IN .,.+ laws Of the S ST. The h,
80. u asses made s,S Of I.3
49,. j." tcuiarly Of pToTsS
'..'''' Assembly ~ Act l H.
,.'.,...7, ...,, Tor the Yea, ne b, e
,...,. ,..'''. J'-d. contracts 1914 ~
..'" themselves ana aga.
f.+T a. covenant. Cory hss
.'I..' themselves as ,lact a..
L'..,N as may hera"s.u as
,' with them. "a yer b.,
.hl" ar' constitute 70 iorm ~
. ."'i' polite in law sSorpOrs,S
o.. purposes and NOR tor ns
,'|h- hereinafter So, 1.uer he
''.I, ,., as their charter Urn "a VIC
ARTICLE I-Tbo 'o'Wt
. l''aii"u shall he name Of "A
ran\. incorporated me RsgsS
/ Inc ~ read the p-%sl'
$500. A}ETIcLE 1.-THE hut
,'" purposes for iooLIsineSs
. ,."h is formed and NJ this n,
. .'"S d. - 10 be cs,-Ss.'5S hatur.
.t'I'hl declared TO Inc on By
/ 10y IN" purpose of 10 buy AZ
/ - ana generally topVIt a,t =
| IN s;;II''S. ,Sririts-turpentire ueal il \ ~
/ OIL crudr-gum. tar tr ros1
,"r other naval sfora'. ung-sros
.u"ilcatng. lighting IN, prodge,
an" Tor this purnoss and 10
operate. and maintafr 70 owl
houses. Yards vsrabtn. Stores
am or its business 'seS and \
own, lease. operata a., sYperalios
'.trdipp. "aE : railroads
,,,..,ft lealhboats and a., Wa,
~ .i' When Necessary ,aef "a
-; a.. III, course Il its br w u
IN Ii -. own lease. sell ana oSS>.heS
~ k'h'S al real estate ~ 1n, Gsps
ana b'rr"w money and send onl nay
H mortgage. pledge or o,Sate he ;
''i." l." IL" q general factoraaesr. SetO-s
'..i''' -'Id'tIre turpentine 80 oas,s
.tHtr products which NAV T th iN
rom pine timber. To ve eIlss
,Iinber OF all kinds. To y or an
IIIII'S' planning mills a, operate I,
IuI pos" "t manufactnri,. 10y
ana other products Ting Ting ~,
nara wood timber and a.. pm;
th!hES necessarily conneo,.Y9 @
arising out of said obiao,1l Nt
poses. The said corpora;iOsS sat
IN" right. power and antb tVr saal z
tract. sue and be sued. r,aI.I'T 2 \
corporal" seal and the sane. ane u
or alter at pleasure IT, % n
establish bylaws. rules 9ah 4
lions for the proper manu-. SUI fsg.s
regulation Of the affairs ~ sseueai
poratlon as may be nac 90 Ne Z
proper and the same 10 rbarSaI! Y
at pleasure. N"@Hse Il
ARTICLE lII-The amou,, =,
capital stock of this cnrnn "
merely fixed at the sum m T r.
ana NlO.UOO.OO) Dollars an - ~
STOCK. which capital stock MAJ 0la
creased in the discretion ~ ~
OF directors of said cornora,,o VIC esl
sum of Twenty Thousand Tss,9
dollars. Said capital stock 81" .s,T
divided into One Hundred sh.s.. sa :
par value of One Hundred N,Ss
'oIiars each. and the said stool ~.
De PAID for when subscribed nv m,-
issued IN whole or in part ar ma,
than par for property actnalIv -
,hased and received BY the cornc..!,
No fractional shares shall sys,
ssued. ' eva
ARTICLE Iv-The location ., g.
iomicile of this corporation sb,r
N the City of New Orleans sia,.
Louisiana. and service of cItatc,
lther legal process shall be MAJ
he president of this Corporation Az
'ase of his absence or inability IA -
ipon. the vice-president or secrs,,- t.
reasurer in the order named IN, ~
corporation shall have and enioy M
session, by and in its corporats NAV,
or period of ninety-nine (ssl ys,,
rom the date of this act
ARTICLE N-The business and f.
airs of this corporation shall be n.
ucted by and all the corporate povv,
ested in, and exercised BY a boart 4
directors composed Of not less nn
i've go. no more than seven n
tockholders to be elected BY the stOi
olders annually, by ballot on The ~
nd Monday of May Of each year "
inning in the year 1923, or any uk
equent date announced by the bcsr
directors in case no election sAi
axe place on said date. after fltiss
avs notice, which shall be given . |
ach stockholder. by written notia
nailed to each stakeholder at bis |
er last known post office address NJ
aid election shall be held at the Oita
the corporation under the supervisor
two CD commissioners appointed b
lie board of directors, at said eecta
lch stakeholder shall be entitled
lst his vote as specified in Section u
Act No. 267 of the General Assenbl
the State of Louisiana for the yea
IA, or any Amendment thereto IN
receiving a majority
Ie vote cast shall be declared eletih
he board of directors so elected Hil
thereafter, proceed to ei1
lie of its members to be preaoelt
lie TO be vice-prsident and one 70
'cretary-treasurer of the corporana
Id they shall serve until Their $40
ssors are elected and qualified
VI-The first board Of a.
ctors shall be composed OF the ie'
wing stockholders:
John LiuZza. New Orleans La ~
r f. Alexander, New Orleans "a
X. Mulnix, New Orleans, La; J.
linen, Slidell. La: Mrs. Ida Miens..
Nv Orleans, La; W. c. Rhodes wv
leans. La. a.,
OF the above named. Lester Z Aa
der shall be president; W. e hnOI1s
all be vice-president; and MS ~
ichelet shall be secretary .ueasus,
d they shall serve until the Jour-
thu Monday in May. 1873, OF IN
cir successors are elected and qN
d. Any vacancies in the offlcen
ard of directors shall be iiiie' p"
: remaining directors. ~,
ARTICLE VII-Stockholders OF ~.
.etings for the election OF alI.. ..,.,
" be held as prescribed BY sew
of Act 267 of the General ASH ~,
the State of Louisiana Tor lne y
4 or any amendments thereto. a.
The corporation and Officers an' ~
tors shall have all the rigns
Hers and this corporation m as,,,r
ended or dissolved or Ns - -.
as provided for by me
ions of Act 267 of the Genera N
nbly of the State Of Loulslasa-, \.
year 1914, or any anieno"'
reto. -, .h,a
.RTICLE vIII-No stockholdsr IA 4.
r be liable or responsible lOI ~.
tracts or faults Of this coip% n,osa
any further sum than tne sosb
ance on the stock subscrioeo IN
!. nor shall any mere infornan aW
organization serve or teno s,srtg
effect of rendering TINS - M
or exposing a stockholder -oy,5l
ility other than as herein mu
RTICLE IX-The subscripeiS, sns
eunto written opposite tneli .ornors.
amount of stock in TINS . ~ thn
subscribed for by them ss