The Lake Charles echo. [volume] (Lake Charles, Parish of Calcasieu, La.) 1876-1898, 1882-11-25
VOL. XIV.
CHARTER
OF THE
GALEASIEU LUMBER
COMPANY.

NM ~ HE ONDEhS1lTNED. DC
w hereby sorm ourselves into and
constitute corporation under and in
pursuance of the general laws of the
: State nf Lo isiana, authorizing the for
nation Of corporations f.r the purpose
herein stated, and we hereby adopt the
following charter therefor:
l. The name and title of said cor
poration is THE CALoAsrEU IryAIRFR
COMPANY The term of its existence
Thirty t30) years, and the place of
its domirile is the village of Lake
Charles, Calcasieu parish. in the State
Louisiana.
2. Said corporation is formed for the
purposes, and to carry on the business
OF manufacturing lumber. timber, lnth,
shingles and other articles of wood and
marketing the same, and for snch pur-
poses and business to acquire lands,
timber, logs. mills. machinery, blooms,
implements and real auu personal pro-
erty needlrl or proper to be owned und
4 used IN such business. ..
3. The amount of the capital stock
of SAID corporation is Two Hundred and
Fifty Thousand Dollars. said stock is
divided iuto Twenty-Five Hundred
Shares of One Hundred DJllars each
share.
4. The business and affairs of said
corporation shall be managed by
board of five directors The following
/ persons shall constitute the first board
of directors of the corporation, viz
NATHAN B. BRADLEY WILLIAM @.
YAwKEY, ELBRIDaE M. FOWLER LEWIS
| PEN YER, EDWARD A. BRAKENRIDaE.
and they shall hold their offices uuti
their successors shall be elected Na-
than B. BRADLEY is hereby made presi-
deHt 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 urtil the |
successors uf said board of directors are
elected. Robert 81. Mason is hereby |
made superintendent of the business |
Of said corporation, and shall have such |
authority 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 |
authority He shall, at all times be |
under their direction, and they may at
any time remove him and appoint an
pbnSl DClnt'b III ftic bliACE, hhd itiC DFT-
son so appointed may be one Of their
own number.
S. Theeleetion of directors hereafter
snail be by majority vote of the stock
holders Of said corporation ho shall
be represented at the meeting ut which
such election shall he held. Such elec-
tions shul take place at the annua
met tings of the stockholders. which
meetings shall be held on the third
Thursday Of February in each year, at
the Eour of 10 o'clock A. NJ, at said
village a Lake Charles.
Notice Of all meetings Of the stock
holders shull be given by the secretary,
by publishing the same uHce each week
for four successive weeks next precpd-
ing such meeting, in weekly newspa
per publis ed at L,IEe Charles afore-
said
At all meetings of the stockholders
ca h stoekholder shall be entitled tn
one vote for each share Of stock owned
by him and his votes may be cast in
person or by proxy. the authority Of
the proxy to be iu writing and filed with
the secretary of che meeting.
Special meeting of the stockholders
may be called ut any tune by the presi-
dent, or majority of tbs directors or
holding one third Of the
stock.
LII such case, il addition to the notice
above provided for. the secretary shsd
mailto each stakeholder whose post"tliee
address is known TO him, tweuty dat $
notice of such meeting
G. The directors shah hold their
offices until their suceessols shall lie
and shall have power to fii any
vacancy occurring in their board, hut
no person other than stoeiholder ;
shal be director.
The directors may appoint one Of
their number president, one Of tier !
number vice president aud Que Of tllrir
number treasurer and amy person see +,
Rotary, of the corporation, Tue same
person may ho.d the offices Of treasureri
aud secretary, but he treasurrr ,halfl
always be one of ihe directors.
The duties ana powers Of resident,
vice preside 4. treasurer aud secretary. !.
shall be the duties and powers USUALLY !.
to those officers in like cor
Their duties and powers !
may be such other or different duties
aud powers as may at any time he de
elared by The board If directors
Tie directors shall have power to APP /
paint and employ a superintendent.
md to cohfer upen him susfb authority :
or the transactIeD Of the business ~
he corporation fsom tine to tine as
hey deem proper, to change, restriet \
ind revoke snch authority, ana to re
move him a, pleasure. The sppenn- Z
enSlent may be one of the directors. .
lie shall receive such compensation for \
ais services az the directors may deter 1
nine.
The directors shall have power to i
purchase any property, rral and aer 1
Ional, for the corlqration, and TO sell I
md convey any property, real and per- :
,onal, belonging to the corporation, ms =,
hey shall determine TO he for its best !,
uteFeAtS. 4,
Conveyapces of resd estate may b. \
,xeoatedby the president and secretary, :
shen The directors authorize such con 4
.eyances TO be made !,
The directors may exercise hepowers I,
pecifed IN his charter by acts IN writ 7, 7
ng signed by majority If the direc- 4
DIS. The acts done by hich writing y
haIl bs binding on the osTporation.
The directors may nuke bylaws lor
he corporation. +,
7. Citation may be served upon the !,
,resideutaf THE corporation or on the n I,
II
5. Tne mode III liquidation at the /, /,
Of this chsTttr shall be as !.
allows The property Of the corpora
ian shall be sold aud out OF the pso- /,
eeds Ill debts and demands lawfully 7,
xisfing against tile computation shWll be \,
aid and tile balance Of tile proceeds n
hsll le divided among and paid to TIE n n
t,iekhulde as sivideuds on tieirst0ck. i
8 The names Of the sllhserlbers to !,
he capital stock 81 the corporation aud +;
Ile pnnibsr Of shares subscribed BY Y;
sstE ~ tlse exeeatlen Il this charter n 4,