The Bossier banner., 1894-10-25
Charter Of
Allen Brothers & Wad1ey,
Limited.

Ctate of Louisiana Belt known, That on
OParish of Bossier. this the 2lst day Of
September, A. D., Eighteen Hundred and
me- j. of
and State of Louisiana, duly commissioned and
qualified. and in the presence of witnesses
whose names are hereto subscribed; also sew
orally declared that availing themselves OF
Act 36 of the session of 1888, approved June
18th, 1888, as well as those of the general laws
of the State relative to the organization of
corporations, they have formed and organized,
and by these presents do form and organize
themselves, their associates and successors
into a corporation for the object and purposes,
and under the terms and stipulations herein
after set forth, to-wit:
ARTICLE /.
The name and title of this Corporation shall
be ALLEN BROTHERS s. WADLEY, Limi-
ted, and under said name it shall have and
enjoy succession for the period of ninety nine
years from the date of this charter may sue
and be sued may have, hold, purchase, sell,
convey, lease, mortgage and pledge property,
real aud personal; may have and use cOrpO-
rate seal and same to change at will; and,
generally. may have and possess any and all
powers and privileges which corporations
are, or may be authorized to possess by law
and particularly to carry out the purposes of
this corporation; and its dOmicile shall be in
the city of Allentown, La, where their mills
are located and operated.
ARTICLE ii.
The objects and purposes of this corporation
are hereby declared to be to buy, build and
operate saw and planning mills, to buy and sell
lumber and generally to engage in general
lumber business, and in connection Herewith
to build and operate railroads, telegraph and
telephone lines, and carry on general mer-
camille and supply business.
ARTICLE III.
Citations and all legal processes shall be
served on the President of the Company, and
| in his absence on the Secretary.
ARTICLE w.
The capital stock of this corporation is hereby
declared to be one hundred and fifty thousand
dollars, ($i50, 900 O0), divided into fifteen hun
dred shares of one hundred dollars each, to be
| paid for in cash or property actually sold and
| delivered to this corporation and shall be due
and payable in such amounts and at such times
and places as the Board of Directors may re-
| solve and determine. This corporation shall
begin business as soon as four hundred and six
shares, making the sum of forty Thousand, six
hundred dollars shall have been subscribed To
its capital stock and paid in.
ARTICLE
The officers of this corporation shall be o
President. Secretary and Treasurer and five
|
shall be members. and said officers shall be
elected annually by the Board of Directors.
ARTICLEvI.
The affairs of this corporatio shall be undeI
| the management and control of the Board o.
Directors composed of five members. to b.
elected annually at q meeting of the stoci
bolders for that purpose Ito be held on tn,
fourth Monday in September 1894, and yearl,
thereafter), and one share of stock to consti
tute q vote at such meetings. Until the frs
election the officers and directors shall be a
follows: I'll. j. Allen, President, w. d. Wsd
ley, Secretary and Treasurer, w. G. Wadley
WIN. B. Allen, Wiley B. Allen, III. Allen an,
w. ID. Wadley, Board of Directors.
ARTICLE VII.
No stock holder shall ever be held liable 70
the contracts or faults of said corporation il
any further sum than the unpaid balance du
to the company on the shares owned by him
nor shall any infOrmality in the organization
of the company have the effect of rendering
this charter null or of exposing stock holde
to any liability beyond the amount of his stock
No transfer of stock by the holder thereO
shall be binding on this corporation, unles
said transfer is duly entered on its books.
ARTICLE VIII.
Whenever this corporation is dissolved b
limitation, or any other cause, its affairs sha
be lquidated by three commissioners from th
stock holders, appointed for that purpose, a
meeting of same convened after ten day
notice to said stock holders. given to them
letters addressed to each stock holder and d,
posted in the mail. In case of death or failur
to act, said commissioners shall appoint the
successors.
! This done and signed at my Office, in sal
parish of BOssier, the day and date above wri
ten, in the presence of III. p. Dance and r.
Connell, competent witnesses, who with sal
appearers and me, Notary Public, have signe
the 90 presents.
Fl. j. ALLEN.
w. ID. WADLEY.
WILEY b. ALLEN.
WIN. B. ALLEN.
WILLIAM G. WADLE,
| Witnesses: