The herald., 1922-06-01

|
| United States of America. state OF
Louisiana, Parish Of Orleans. City Of New
| Orleans. he It known, that on this 18th
| day of the month of May, in the veal
! of our Lord one thousand. nine hundred
and twenty-five and Of the Independents,
Of the United States OF America. the one
hundred and fcrty-sixth. Before me
| Conrad G. Collins. a Notary Public daily
commissioned and qualified, in and fol
| this city and the Parish Of Orleans
! the witnesses hereinafter named and un-
dersigned. Personally came and appeared
| The persons whose names are hereto sub.
| scribed. who declared that availing them.
| selves OF the provisions Of the laws Of
| the State of Louisiana, and particularly
of those of Act 267 of the General Assem-
| bly, of the State of Louisiana for the year
1914, they here covenant, agree and do
| by these presents. covenant, agree. bind.
| form and constitute themselves, as well
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 stipulations
following, to-wit:
ARTICLE THE name and style OF
this corporation shall be Richardson
Lumber Company, Incorporated and I'M
der that name IL shall have and enjoy
all the rights, advantages and privileges
granted by law to corporations. 1t shall
exist for period of 90 years from the
TO sue and be sued in it's corporate name !:
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-
venience 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 as may be deemed
necessary and expedient: to make and
use corporate seal and to break the
same at pleasure.
ARTICLE 1.-THE domicile Of this cor
Orleans. State Of Louisiana. Citation and
other legal process shall be served upon
the president and in his absence on the
secretarytreasurer.
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
sun Of Fifteen Thousand Dollars (s15.-
ooOOO), which said Capital Stock may be
Increased I'm the manner provided by
law to the sum Of One Hundred Thous-
and Dollars ($rO0. OOOO0). Said Capital
stock shall he divided into One Hundred
and Fifty Shares G5O of the par value
of One Hundred Dollars (s1OO.OO 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 prom |
erty so appraised and transferred the |
corporation may issue full paid stock
sign or transfer his stock in this corpora- |
shall offer for sale, sell. as |
sign r transfer his stock in this corpora- |
ton without first giving to the other
80 days prior notice of such |
Intention. by notice thereof given in writ |
ing to the President of the Corporation |
md said notice shall by said President |
be made known to the Directors of the
and the other stockholders.
Ind they shall have the privilege of pur-
,hasing said stock az the book value
hereof for a period of thirty DAYS from
he delivery of said notice to the Presi-
lent
The stock of said corporation nav be
under the above conditions.
provided, said transfer thereof be made
IN the hooks of said company at its
'ffice. and upon the surrender of the GER
1ficate therefor. No transfer of any
part of a share shall be made
ARTICLE Wal the corporate powers
4 this corporation shall be vested in,
nd the management and control of its
usiness and affairs be exercised by
.oard of Directors composed of Three
y stockholders. A majority of the d.
ectors shall constitute a quorum for the
transaction of business. The direc-
,rs shall be elected annually by ballot.
eginBing on the First Monday Of MAY, 4
323, and annually thereafter; all such +,