The herald., 1922-06-15
CHARTER

"' ,'' > TIL les Of Arne- pehdeno
g''H tha igr,y-slxtb 'Ga ID.
Joseph jackson. Before W
.''' .'N-'u Hed ana oI.o,IaaIry pubs
H." Parish Of OrIeat,.nd Afied Il
-I'''. .''. ..u residing olate a.
enc" Of the VIZ and in
named and understIeSses ne
cam" and apprarc5 shed, go
S'i.- whose names we seys,,'s
S'i '''d and residents here1,'.
age. VII" SeycralIv u this ~.
awaiting th.us.,,a.' qec!arssS ~
in slrh 80 ~ = oI The State q" y. p'o,
moro rart.,.sS, made ana NJ y. Log.s
General k = ..,,Ij ~ Of A" S 5s,tst
c ,,.,.,1 .,,',.,, Tor the year isy s ST.
.nrrI ~. contracted - hs
go o,.,'.''' themselves and r.. ag'ssi
' KIM 4. covenant cortr,s. hess
. ...I.'' themselves as wa'i az.
per sons as may heresF,1 as
Ss",'',''t with them. Ia ff C. been.
.'' ~, '." constitute a I'm I'm tiers
hugl I"..t." in law sSoorporsu,
"IG r"'r"s,s and undo he
adopt US " charter art form III VII
ARTICLE The ,,u 'O'"ic
p'i@'."h shall bee. tha n Of o,
pan>. Incorporated y.S Rausc5 7,
Inc 'e'4 The Rar,s
ARTICLE 1.-THE nr.,
anu purposes for which ness d
tI"u is formed and ,b tH this CO.. E
huSiu'ss 90 be- carried nature y
hereby declared TO he TN BY
LOT tll" purpose of eynCS.ou Guy al
wise. and generally t ~ and n
STORES. SrrItS-turpentina 1e9! II ;,
"!,, 'i H"'-NuW. tar. barf;rL oSih :,
,3Ii .'ii,T naval stores Jug 'liosS
Iu'i @''hE. lighting. fuel ps,oSqlcn
ana l'i inns purpose 10 1901
operate, and maiutsi, oEn, !,
NO u.s.. wards. Warehouses g,
ana OF ITS business o,,o-.aanld u
own. lease, operate and .ai'ions
cars. tramw5ys. raijros'stiaa Nah :
ldnC!uES, steamboats, ana Etsr.
craft. and when necesss,,.o Ihef Va.
TAI IN IN" course Of its " llds
acquire. own. lease. sell ogSiheS
all kinds Of real estate ans dlsl0s
and borrow money ana sa anu nav
10y mortgage pledge or other s ns q
an, ,G u" general factoraga In ~
h,ahulacIure turpentine. rosi, 0.s,s
.lHtT products which may he a.. s'
from pine timber. To INV avg,
timber Of all kinds. To os..t sAe
miIIS. planning mills. e,c =
purpose OF manufactnrir, NG
ana other products fror, ~
hard wood timber and - pm
thlngS necessarily connec,aS
arising out Of said Objects hets
poses. The said corporatio, .sS =
the right, power and autbnri,snaal Z +
tract, sue and be sued: male ~ va
corporate seal and the sama -, ~ =
or alter at pleasure. To rslNa
establish bylaws, rules ava aN
lions Tor the proper manavs,. .ga
regulation Of the affairs Of ~
porauon as may be naces, sa.a
proper and the same TO chanSs
at pleasure. 4,
ARTICLE iII-The amonr, =,
capital stock of this corno.., y q
hereby fixed at the sum of Tss ~
and El0.O00.00) Dollars. All i" ~. i,.s
stock. which capital stock NAV IN 4.
creased in. the discretion of -.
OF directors of said cornorat,o,' ~
sum Of Twenty Thousand VMS
Dollars. Said capital stock sh,s
divided into one Hundred sbs,.- aa
par value of One Hundred f,iSs
Dollars each. and the said s,o 800 J.
be paid for when subscribed 4, ~,
ISSUED in whole or in part an nat !.
than par for property .actualIy e
and received by the cornc,,. y
No fractional shares shall sy', n
issued. wv \
ARTICLE IV-The location ~ a
domicile of this corporation shs1 !
in the City of New Orleans S,s,, 4
Louisiana, and service of citato, J.
other legal process shall be mad,
the president of this Corporation y
case of his absence or Inability IA :
upon, the vice-president or see,,,,-
treasurer in the order named. M ~
shall have and enioy =.
cession, by and in its corporate rs-,
for a period of ninety-nine (ssl ys-
from the date of this act.
ARTICLE V-The business and L
fairs of this corporation shall be q,
iUcted by and all the corporate povu
vested in. and exercised BY a board Z
composed of not less In
five go, no more than seven h.
stockholders to be elected By the stod.
holders annually. by ballot. on the ~
md Monday of May Of each year, h.
in the year 1923, or any Sd
sequent date announced by the bGa
Of directors in case no election Sa
take place on said date, after iiit.e
lays notice. which shall be gva d
each stakeholder. by written nOts
to each stakeholder at his .
Ter last known post office address; ID
said election shall be held at the Otha
IF the corporation under the supervise
If two 90 commissioners appointed y
he board of directors. at said electG
Zach stocS holder shall be entitled Z
asst his vbte as specified in Section ]
{ Act Not 267 of the General AsssnsI
# the st. 'ie of Louisiana for the ysf
.S14. or any Amendment thereto. n
stockholders receiving a majority I
he vote cast shall be declared elecik
rhe board of directors so elected ga
Immediately thereafter. proceed to sti
me of its members TO be presioe,I
me to be vice-prsident and one 70
retary-treasurer of the Corporate
md they shall serve until Their ~
,essors are elected and qualified
ARTICLE VI-The first board Of 2
'ectors shall be composed Of the 10
owing stockholders: :,
John LiuZza. New Orleans, La; "
er F. Alexander, New Orleans y
:. X. MulniX. New Orleans, La, az
'almen. Slidell. La; Mrs. Ida NICE.
Jew Orleans, La; W. c. RhodeS w
orleans. La. a.,
OF the above named, Lester = AZ
nder shall be president; W. C. khOg I.
hall be vice-president; and MS y
Iichelet shall be secretary,ues. '-..
nd they shall serve until the lou s..
4th) Monday in May. 1873, or ".
heir successors are elected ana ".
led. Any vacancies in the officer
'eard of directors shall be fle0 .
he remaining directors. "a.
ARTICLE VII-Stockholders ~ w. ~,
meetings. for the election OF nv s'.,I.,
nay be held as prescribed py So,
0 Of Act 267 of the Genera Ass'- -,
f the State of Louisiana FOR tne "
914 or any amendments thereVo A.
The corporation and Officers an ~
ectors shall have all the risn \
overs and this corporation m ~
mended or dissolved or us ave- -.
quidated. as provided for BY ms h.
isions Of Act 267 of the Genei. =
emily of the State Of Loulsssss =
he year 1914. or any amenD"'
hereto. ,, al
ARTICLE VIII-No stockhoioss. -, 4,
yer be liable or responsible ~ ..toI
ontracts or faults of this COUPE ',sss
4 any further sum than tns n, b
alance on the stock SUBSCRIBED 1,i M
i'm. nor shall any mere iniorn' - ssu
IS organization serve or teho gs,,ns
he effect of rendering this . - a.
ull or exposing a stockholder - N; y
ability other than as herein pro'sls.uSn
ARTICLE IX-The suoscfnT nars