The herald. [volume] (New Orleans, La.) 1905-1953, 1922-06-22
CHARTER.

the State Of Louisiana and particularly
of those of Act go 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, blnd,
form and constitute themselves, as Wen
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 supulations
following, to-wit:
ARTICLE The name and style OF
this corporation shall be Richardson
Lumber Company. Incorporated. and un-
der that name it shall have and enjoy
all the rights, advantages and PRIVILEGES
granted by law to corporations. 1t snail
exist for a period of 90 years from the
date hereof. and have power and authority
to sue and be sued in its corporate name I:
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-
veniepce 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 rs may be deemed
necessary and eXpedient; to make ana
use a corporate seal and 10 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 III-The objects and pur-
poses for which this corporation is form
ed and the business to be carried on by
| il 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 for the cOnductiOn of said business
ARTICLE IV-The Capital Stock of
| this corporation is hereby fixed at the
! sum of Fifteen Thousand Dollars (s15.-
| OO0OO). which said Capital Stock may be
increased IN the manner provided by
! law to the sum of One Hundred Thous-
/ and Dollars GrO0. 100000. Said Capital
Stock shall he divided into One Hundred
| and Fifty Shares G5O) Of the par value
| of One Hundred Dollars ($1000O) each
! to be paid for in cash or property. or
| other rights actually transferred to the
| corporation in lieu of cash, from appraised
| value set upon said property or rights by
| the Board of Directors for which prop
/ erty so appraised and transferred the
corporation may Issue full paid stock.
| sign or transfer his stock in this corpora
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 such
| intention. by notice thereof given in writ.
! ing to the President of the Corporation
| and said notice shall by said President
he 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 valu,
| thereof for a period of thirty days from
the delivery of said notice to the Presi
dent.
The stock Of said corporation may b.
| transferred under the above conditions
provided. said transfer thereof be mad'
| on the hooks of said company at IT.
office. and upon the surrender of the Ger
tificate therefor. No transfer of an,
10. hall b. do
ARTICLE Wall the corporate powers
| OF this corporation shall be vested in
and the management and control Of IL
business and affairs be exercised by {
Board Of Directors composed Of Three
(3) stockholders. A majority of the di
4 transaction of business. The direc
tors shall be elected annually by ballot
beginning on the First Monday OF May
1923. and annually thereafter; all suci
and fixed by the Board Of Directors:
Each stakeholder shall be entitled, II
person or by proxy. to one vote for saci
plurality of the votes so cast shall b.
sufficient to elect such directors: Tel
days written notice Of such election
shall be given to each stakeholder b!
address. or by publication for, at least
three times I'm 10 days preceding sucl
| election in one of the daily English news
papers in the city of New Orleans. NJ
failure to hold such election shall be re
garded as a forfeiture or this charter
Any vacancy occurring in said Board o
Directors shall be filled by the remainini
directors for the unexpired term.
At their first meeting after said annua
elections, the said Board of Directors
shall elect from their own number
President and a Secretary Treasurer.
The First Board of Directors Of thi
organization shall consist of Henry q
Richardson, residing at 2O39 Robert st
siding at Az Baronne St.. New Orleans
Ia and Albert l.. Keller, residing at Al
Baronne ST.. New Orleans. La, with Henr
G. Richardson as president. and Alder
p. Keller as secretary-treasurer
The three persons above named shall
constitute the first Board of Director:
and shall serve as such until their sue
cessors are duly elected and qualified:
| ARTICLE VINO stakeholder shal
ever be held liable or responsible for tn
contracts, faults or debts of this corpora
ton, nor shall any mere informally i
its organization have the effect Of rem
dering this charter null, or OF exposin
a stockholder to any liability beyond tn
unpaid balance due on the shares OF stoc
subscribed by him. This act OF incor
poration may be changed, modified o
altered, or this corporation may be dis
solved in accordance with the PROVISION
, the General Assembly of the state o
! Louisiana. for the year 1914. In tn
event Of the dissolution Of this corpora
ton by the expiration Of its charter o
otherwise. it's business and affairs sha
be liquidated and terminated by thre
(3) liquidators to be selected by an
from the stockholders at the meetin
which shall decide to iiquidate, and O
which meeting Is full days notice, b
J registered mail must be given to eac
stakeholder. Such liquidators shall hav
full power and authority to settle al
the business and affairs Of the corpora
ton. In case Of the death or disabilit
OF any Of said liquidators. the survive
or survivors shall appoint successor o
successors to him or them from anon
the stockholders.
| ARTICLE VIII-The stockholders hav
respectively written opposite their name
the amount Of stock in this corporatio
this act may serve as the subscriptio
list Of said corporation.
Thus done and passed. in my office Al
GodchauX Building, New Orleans, La
on the day, month and year first abov
Smart and Fl. J. Rolling. competent wit
| nesses, who have hereunto signed thei
names with the said appearers and me
Notary, after a reading Of the whole
The original act is signed:
Henry +. Richardson. 2039 Robert st
sc shares. s3,sO0.O0: Albert p. Keller. Al
|, Baronne St. 80 shares. $4,000; Alber
t. Keller, 4717 Baronne ST., shares
witnesses: Geo. B. Smart. n. Roll