The Bossier banner., 1894-10-18
Charter Of
Allen Brothers & Wadley,
Limited.

OParish of Bossier this the 2lst day of
September, A. D., Eighteen Hundred and
Ninety.fo before me, j. w. Elston,
Notary Public in and for the parish of Bossier.
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 or
Act 36 of the session of 1888, approved June
18th, 1883, 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 aud organize
themselves, their associates and successors
into 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 & 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 and personal; may have and use corpo-
rate seal and same to change at will and,
generally. may hevo 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.
ART1CLEIL 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, ($l50, 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 NAV 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 z. described to
its capital stock and paid in.
ARTICLE v.
The officers of this corporation shall be a
President. Secretary and Treasu5 er and five
directors, of which the President nd secretary
shall be members, and said off rs shall be
elected annually by the Board OF directors.
ARTICLEvI.
The affairs of this corporatio esell be under
the management and control of. .fEae Board of
Directors composed of five mea,bers to be
elected annually at meeting .@s the stock
bolders for that purpose Ito be eld on the
| fourth Monday in September 1sgs and yearly
| thereafter), and one share of stossk to consti.
tnte vote at such meetings. Usstil the first
election the officers and directors shall be as
follows: III. j. Allen, President, Y. ID. Wad-
ley Secretary and Treasurer, w. G. Wadley
VIM. b: Allen, Wiley b. Allen, H. j Allen and
w. ID. Wadley, Board of Directors.
ARTICLE VII.
No stock holder shall ever be held liable for
| the contracts or faults of said corporation in
any further sum than the unpaid balance due
| 10 tine 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 holder
| to any liability beyond the amount of his stock
No transfer of stock by the holder thereof
shall be binding on this corporation unless
said transfer is duly entered on its books
ARTICLE
Whenever this corporation is dissolved by
limitation, or any other cause, its affairs shall
De hquidated by three commissioners from the
stock holders, appointed for that purpose, at
meeting of same convened after ten days
| notice to said stock holders given to them Nv
| letters 9dressed to each stock holder and de-
pOsitedNn the mail. In case of death or failure
| to act, said commissioners shall appoint their
successors.
This Gone and signed at my Office, in said
parish OF Bossier, the day and date above writ
| ten, in the presence of H. P. Dance and r. r
| Connell, competent witnesses, who with said
appearers and me, Notary Public, have signed
| the Sc presents.
Fl. j. ALLEN.
w. WADLEY.
WILEY b. ALLEN.
WIN. B. ALLEN.