The Lake Charles echo. [volume] (Lake Charles, Parish of Calcasieu, La.) 1876-1898, 1882-12-16
CHARTER
OF THE
GALEASIEU LUMBER
COMP ANY

COMPANY.
WE, THE UNDERSIGNED, DC
Wv hereby form ourselves into and
constitute a corporation under and in
pursuance of the general laws of the
State OF Louisiana, autholizing the for
nation Of corporations for the purpose
herein stated, and we hereby adopt the
following charter therefor:
l. The name and tltle of said cor.
poration is THE CABcAsIEU LuMREH
COMPANY. The term OF its existence
is Thirty (3o) years. and the plaoe Of
its domicile is the village Of Lake
Charles, Caleasieu parish, In the State
Louisiana.
2. Said corporation is formed for the
purposes, and to carry on the business
of manufacturing lumber, timber, lath,
shingles and other articles of wood and
marketing the same, and for such pur-
poses and business to acquire lands,
timber, logs, mills, machinery, booms,
implements and real and personal pro-
erty needfrl or proper to be owned and
used in such business.
g. The amount Of the capital stock
of said corporation is Two Hundred and
Fifty Thousand Dollars, said stock is
divided into Twenty five Hundred
Shares Of One Hundred Dollars each
share.
4. The business and affairs of said
corporation shall be managed by q
board of five directors. The following
persons shall constitute the first board
of directors Of the corporation, viz :
NATHAN B. BRADLEY, WILLIAM G.
YAwBEY, EIBRIDeE M. FOWLER. LEWIS
PENoYRR, EDwARD "A. BRAKEERIDGE,
and they shall hold their offices until
their successors shall be elected. Ma
than B. Bradley is hereby made presi-
dent of the corporation, William @.
Yawkey is made vice president, Lewis
Penoyer is made treasurer and Edward
A. Breckenridge is made secretary.
They shall hold their Offices until the
successors Of said board of directors are
Robert II. Mason is hereby
made superintendent of the business
Of said corporation, and shall have such
as shall be expressed in writ
ing from time TO time signed by said
directors. The directors may at any
time change, restrict or revoke, such
He shall, at all times joe
under their direction, and they may at
any time remove him and appoint an
other person In his place, snd the per-
son SO appointed may be one Of their
own number.
S. The election Of directors hereafter
snail be by majority vote Of the stock
holders Of said corporation who shall
be represented at the meeting at which
such election shall be held. Such cleo
lions shall take place at the annual
Of the stockholders, which
shall be held on the third
Thursday Of February in each year, at
the Eour Of 10 O'Clock A. NJ, at said
village Of Lake Charles.
Notice of al meetings Of the stock
holders shall be gwen by the secretary,
BY publishing the same once each week
for four successive weeks next preeed-
ing such meeting, in weekly newspa
per published ut Lake Charles afore
said.
At all meetings of ihe stockholders
each stockholder shall be entitled to
one vote for each share of stock owned
by him end his votes may be cast IN
person or BY proxy, the authority of
The proxy TO be in writing and fled with
the secretary Of the meeting.
Special meetings Of the stockholders
may be called at any time by the presi-
ient, or q majority Of the directors or
stockholders holding one third of the
stock.
In such case, in addition to thepotiee
above provided for, the secretary shall
mailto each stockholder whose postofice
address is known to him, twenty days'
lotiee Of such meeting,
g. The directors shah hold their
1fiees until their successors shall be
slected, and shall have power TO fill any
Eaeaney occurring in their board, but |
10 person other than . stoekholder
ihalI be a director.
The directors may appoint one of |
heir number president, one of their
lumber vice president aud one Of their
lumber treasurer and any person sec
etary, of the corporation. The same
person may hold the offices of treasurer
md secretary, but the treasurer shall |
1ways be one Of the directors.
The duties and powers of president, |
ice president, treasurer and secretary, |
hall be the duties and powers usually |
to those officers in like cor
,orations. Their duties and powers
nay be such other or different duties
nd powers as may at any time be do,
Jared by the board Of directors.
The directors shith have power 10 ap-
loint and employ a superintendent,
nd to confer upon him such authority
or the transaction Of the business q
he corporation from time to tiMe as
hey deem proper. to change, restrict
nd revoke such authority, and to re-
love linn at pleasure. The supern-
andent may be one Of the directors.
ie shall receive such compensation for
lis services as the directors may deter
lina.
The directors shall haye power 10
urchase any property, read aud per
onal, for the corpofatIon, aud to sell
nd convey any property, real and per
onal, belonging to the corporation, as
hey shall determine to be for its best
lterests.
Conyeyanees Of real estate may be
xecuted by the president and secretary,
hen the directors Authorize such con
eyanees to be made.
The directors may exercise the powers
oeeified in this charter by acts il writ,
4. 49, q