The herald., 1922-05-18
May1S- June2.
CHARTER OF RICHARDSON LUMBER
COMPANY, INC.

COMPANY. INC.
United States of America. state OF
Louisiana, Parish Of Orleans, City of New
Orleans. BE it known. that on this 10Th
day of the month of May, 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
Conrad q. Collins. a Notary Public, cJly
commissioned and qualified, in an1 for
this city and the Parish of Orleans.
therein residing and in the presence Oh
the witnesses hereinafter named and un-
dersigned. Personally came and appeared:
The persons whose names are hereto sub
scribed. who declared that awaiting them.
selves of the provisions of the laws or
the State of Louisiana, ana particularly
of those Of Act 267 of the General Assem-
bly, of the State of Louisiana for the year
| 1914. they here covenant, agree ana 90
| by these presents, covenant, agree, Dihd
| form and constitute themselves, as Wen
| as such other persons who may hereafter
! Join and become associated with them,
| into a corporation and body poiltlc IN
law, for the objects and purposes, and
| under the agreements and stipulations
ARTICLE THE name and style Of
| this corporation shall be Richardson
der that name it shall have and enjoy
all the rights, advantages and privileges
granted by law to corporations. 1t shali
| exist for a period of 30 years from the
| to sue and be sued in its corporate name /:
| to purchase and sell, lease, mortgage and
pledge, property real and personal; 10
| 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 ana
management of the business and AFFAIRS
| of the corporation as may be deemed
necessary and expedient; to make ana
use corporate seal and to break the
same at pleasure.
| ARTICLE 1.-THE domicile Of this cor
! pOratiOn shall be in the city of New
Orleans, State of Louisiana. Citation and
| other legal process shall be served upon
the president and in his absence on the
| secretary treasurer.
| ARTICLE uI-The objects and pur-
poses for which this corporation Is form
ed and the business to be carried on oy
IL is here declared to be; to carry on III
the full sense the Wholesale and Expor'
Lumber Business, and to engage in and
do all other things incidental to or neces
sary for the conductiOn of said business
ARTICLE Iv-The Capital Stock o.
this corporation is hereby fixed at thu
sum of Fifteen Thousand Dollars (S15,
OOO.OO), which said Capital Stock may b'
increased I'm the manner provided bl
and Dollars (sTOO, OOO.OO). Said Capita
Stock shall be divided into One Hundre'
and Fifty Shares Q50) of the par valu
of One Hundred Dollars ($1OOOO) each
|
other rights actually transferred to tn
, corporation in lieu of cash, from APPRAISED
. value set upon said property or rights D!
|, the Board of Directors, for which prop
, erty so appraised and transferred tn
corporation may issue full paid stock.
i sign or transfer his stock in this corpora
| corporation shall offer for sale. sell, as
sign transfer his stock in this corpora
, tion without first giving to the othe
stockholders 80 days prior notice OF sue
intention. by notice thereof given In writ
. ing to the President Of the Corporate
5 and said notice shall by said Presiden
: Corporation and the other stockholders
. and they shall have the privilege of pun
/ chasing said stock at the book valu
: thereof for a period of thirty days froI
0 the delivery of said notice TO the fresl
e dent. :,
The stock of said corporation may b
: transferred under the above condition.
o provided, said transfer thereof be mad
: on the hooks of said company at II
Y office, and upon the surrender Of the cel
: tificate therefor. No transfer OF an
r fractional part Of a share shall De mao
O Of this corporation shall be vested II
n and the management and control OF II
! business and affairs be exercised by
il Board Of Directors composed OF IhE r
. rectors shall constitute a quorum for n
"a transaction of business. The dire
n tors shall be elected annually by ballo
II beginning on the First Monday OF Ma
;. 1928. and annually thereafter; all sue
% elections shall be held under such ruiz
and regulations as may be determine
8 and fixed by the Board Of Directors
"A Each stakeholder shall be entitled.
"A person or by proxy, to one vote for eaC
;. share of stock owned by him, and
. plurality Of the votes so cast shall
\ sufficient TO elect such directors II
40 days' written notice of such electio
=. shall be given to each stockholder
~ registered mail sent to his last know
=. address. or by publication for. at Leaf
90 three times in 10 days preceding su
=, election in one of the daily English new
N papers in the city of New Orleans.
70 failure to hold such election shall De
n. garded as a forfeiture or this chart
IN Any vacancy occurring In said Boaid
81 directors shall be filled by the remain
ri directors for. the unexpired term:
tie At their first meeting AFTER said ann