The Bossier banner., 1894-10-04
Charter" of
Allen Brothers & Wadley,
Limited.

Ctate of Louisiana ! Belt known, That on
SParish of Bossier. : this the 2lst day of
September, A. D., Eighteen Hundred and
Ninety four, before me, j. w. Elston
Notary Public in aud for the parish OF bossler
and State of Louisiana, duly commissioned ana
qualified, and in the presence of witnesses
whose names are hereto subscribed; also sew
orally declared that availing themselves OF
Act Sc of the session of 1888, approved June
29th, 1888, as we'll 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
int 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 & WADLEY Limi-
ted, and under said name it shall have and
enjoy succession for the period OF ninety-nine
wears 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 have and possess any and all
powers and priviledges 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 te engage in a general
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 ".
The capital stock of this corporation is here
by declared to be one hundred fifty thousand
dollars, t$I50,000 0Ol, 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 amOhnts 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 V.
| The officers of this corporation shall be
| President, Secretary and Treasurer and five
| directors of which the President and Secretary
shall be members. and said officers shall be
elected annually by the Board of Directors
ARTICLE VI
The affairs of this corporatio shall be under
| the management and control of the Board of
| Directors composed of five members. to be
elected annually at meeting of the stock
| bOlders for that purpose Ito be held on the
| fourth Monday in September 1894, and yearly
| thereafter), and one share OF stock to consti-
| tute vote at such meetings. Until the first
| election the o&cers and directors shall be as
follows: II. j. Allen, President, w. d. Wad-
ley, Secretary and Treasurer, w. G. Wadley,
VIM. B. Allen, Wiley b. Allen, II. j Allen and
w. d. 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
| to the company on the shares owned by him 4;
nor shall any infOrmalty 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 VIII.
Whenever this corporation is dissolved by
limitation, or any other cause. its affairs shall
be lqudated by three commissioners from the
stock holders, appOntep for that purpose, at
meeting of same convened after ten days
notice to said stock holders, given to them by
letters addressed to each stock holder and de-
posted in the mail. In case of death or failure
to act, said commissioners shall appoint their
successors.
This done 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. T.
Connell competent witnesses, who with said
appearers and me, Notary Public, have signed
the Sc presents.
Fl. J. ALLEN.
w. d. WADLEY.
WILEY B. ALLEN.
WIN. B. ALLEN
WILLIAM G WADLEY.
Witnesses:
| II. P. DANCE.
r. T. CONNELL. {
j. w. ELSTON,
Notary Public in and for the Parish of Bossier
State Of Louisiana.
State of Louisiana, Having examined the
Parish of Bossier foregoing act of incorpo-
ration and finding nothing contained therein
contrary to law, hereby approve the same.
Al. MURFF, District Attorney
offend Judicial District of Louisiana
Done and signed ON this the 23rd day OF
September A. D. 1894