The herald., 1922-04-06

The board of directors snail oe con
vened on verbal or written notice, and any
director who may be prevented from at
tending any meeting of said board may
give his written proxy to any other mem
Der of said board, whether said meeting
be general or special.
Three members of the board shall con-
stitute n quorum, and all business trans
acted at any meeting with a quorum OF
three shall be binding upon the corpora
ton.
In the event Of a tie vote of the board
of directors, the president of this corpora
ton shall have the right to cast the de-
Gliding vote, and this whether he mas pre-
viOusly voted or not.
Meetings may be held away from the
domicile of the corporation, or, If desired
out of the state, provided the written
consent to do so is obtained from all mem
bers or from all stockholders.
ARTICLE VII-The officers of this cor
pOratiOn shall consist of a president, a
vice president and a secretary, and a
treasurer, provided the office of secretary
and treasurer may be held by one and the
same party.
The office of president of the corpora
tion will be held sHd exercised by Edward
O. Swartz until the annual election Of Of
fcers on the second Tuesday of June
1922.
II any vacancy should occur in the
board of directors of this corporation.
the stockholders shall name or elect q
successor until the next general election.
The president Of this corporation shall
have the power and authority, without
the authorization of the board of direc-
tors. to purchase stock, bonds and other
property. real, personal OF mixed, for said
corporation; to sell, mortgage, pledge, by
potheCate or otherwise dispose of same
to issue and execute all notes. drafts and
..I,.. sls and ~. oil tG nd IN Nnta
all stock held by this cOmany in other cor
porations at all stockholders meetings.
The authority here conferred upon the
president, may. with the consent of the
president and the authority of the board
of directors, be vested in any other of
ficer or director of said corporation for
such time and under such circumstances as
may be authorized by said board and
cOncurred in by said president.
The presidents concurrence may be
shown either by his participating in the
board meeting or by his written consent,
but no other person shall perform such
function without being authorized as pro-
vided for in this paragraph.
The election of directors shall be by
ballot or viva vOce, as the stockholders
may agree upon, but in all events each
stock holder shall be entitled to one vote.
either in person or by written proxy. for
each share of the capital stock held by
him.
The names and postoffice addresses of
the subscribers to these articles of incOr-
poration, and the number of shares sub
scribed for by each, are as follows: Ed
ward q. Swartz. New Orleans, Louisiana,
374S shares, S374.S 10000; Charles W. Zieg-
Ter, Jr., New Orleans, Louisiana, l share.
$4,000 Albert J. Derbes, New Orleans,
Louisiana, l share, $4,000;
ARTICLE EIII-The charter of this
corporation may be modified or altered,
or the corporation dissolved or the capital
stock increased or decreased in the man.
ner as now Is or as hereafter may be pre-
scribed by law. SO also may said corpora
ton be liquidated in the manner as is
now or may hereafter be prescribed by
law.
Thus done and passed at my office in
the City of New Orleans, Parish of Or
leans, State of Louisiana. in the presence
of Harry Gamble and l.. +. Ernst, com
petent witnesses. who have signed these
presents with said appearers, and me
notary. after due reading of the whole.
Witnesses: Harry Gamble, l.. Z. Ernst.
ORIGINAL SIGNED)
Edward G. Swartz, 3IIS shares; Charles
w. Ziegler, Jr. share; Albert j. Derbes,
l share.
HARRY EMMETT McENERNY.
Notary Public.
STATE OF LOUISIANA,
PARISH OF ORLEANS.
Before me. the undersigned authority
In and for the Parish of Orleans, duly
qualified and cOmmissiont1, personally
came and appeared Edward G. Swartz
and Charles W. Ziegler, Jr., who being
by me duly sworn, did depose and say:
That they are both directors of the E. c.
Swartz. Inc, In the foregoing act of in
corporation, and that the entire amount
of capital authorized has been subscribed
EDWARD G. SwARTZ.
CHARLES W. ZIEGLER. JR.
HARRY EMMETT McENERNY,
STATE OF LOUISIANA,
PARISH OF ORLEANS.
Before me, the undersigned authority in
and for the Parish OF Orleans. duly quail
Ned and commissioned, personally came
and appeared:
Edward G. Swartz. Charles w. Ziegler.
Jr.. and Albert J. Derbes. who being duly
sworn. did depose and say:
That they are directors. named and ap-
pointed as such in the foregoing act of
incorporation Of the +. G. Swartz, Inc.
and that the amount of property given in
exchange by Edward G.. Swartz, for three
thousand, seven hundred and forty EIGHT
(3I4S) shares Of the capital stock of said
company has been appraised by them, as
directors. to be worth the full sum of
3I4.SOOW three hundred and seventy
four thousand. eight hundred dolIars).
which property is itemized< and described
as follows:
Nine shares Of stock Bank Of Ascension:
Lumber Company: 500 shares NJ A.
Casualty Company; 100 shares A. C. L. r.
k. Co.; 100 shares Atkinson r. r. Co. !;
100 shares Southern Pacific r. r. Co.: 100
shares Pacific Oil Company; which said
stock the above appraisers have appraised
at the sum of $25,OOOOO;
Assignment of contract by Edward G.
Swartz to Edward G. Swartz, Inc. contract
betweey Edward G. Swartz and st. Ber-
nard cypress Company, Ltd; contract
dated August 9th 1910. nv that ooptroot
the timber rights on said land which
land was owned by said Edward a
Swartz, was sold to the st. Bernard Cy-
press Company, Ltd: the consideration
, LOT the contract is being paid as the tim
per Is cut, and the appraisers have ap-
praised the contract as presently worth
to the corporation the sum and value of
I hree hundred. forty-nine thousand. eight
hundred dollars (s349, SOOOO).
Inc timber is situated on the follow
ing described lands; Parish of St James,
Louisiana. Ell 2. Sec. 46; All of Sec. AZ
Alr>of Sec. 4S NV / "A of Sec. 73.
II. IL, S. r. f.
Parish of st. Charles, Louisiana, 81 p
East s OF X. X: Sec p; All of Sec. % frac;
81 u frac: Sec. 80; All of Sec. SO; All of
Sec. "a; All of frac. Sec. 35;
T. IL. s. r. s e.
All of frac. Sec. %; All of frac. Sec. az.
II. IL. s. II. Sc
LaPlace Plantation, belonging to Monte
GUT Planting Co.. on Lots l, 9 3 and 4
Sec. IL. All of frac. Sec 10: All of Sec
~: All Of Sec. 81; All of Sec. IS; All of
sec; os; All OF Sec. 20; All of Sec. 10; All
sW1 "A, Sec. 8. 'i - vi
T. IL, s. r. z E.
Parish Of st. John the Baptist. Louis.
Subscribed ond .u-orn A.. -.