The Colfax chronicle. [volume] (Colfax, Grant Parish, La.) 1877-1981, 1895-03-02
CHARTER
THE ENTERPRISE LUMBER CON-
PANY, LIMITED.
STATE OF LOUISIANA, !
Parish of Rapides.
Or

Hundred and Ninety Five, before me Lonis
v, Marye, Notary Public in and for the
Parish and State aforesaid, duly counts
stoned and sworn, and in the presence of
the witnesses hereinafter named and un-
dersigned, personally came and appeared
He. Hardtner. herein representing the
Corporation Of Nugent, Hardtner Il Co.,
Limited. w. L. Kidd. j. @. Prestridge.
Messrs. Crow g. Co., T. C. Rarron, resi-
dents of this State. who mutually and
severally declared, that awaiting them
selves Of the provisions of Act No. 36. of
the Legislature of this State. of the session
of 1888 approved June 29th. 1883, as well
AZ the general laws of this State, relative
to the organization of Corporations. they
have formed and organized, and by these
presents do form themselves into and con-
stitute Corporation for themselves, their
successors and such persons rs MAJ here
after be associated with them, and their
successors, for the objects and purposes
and under the stipulations and conditions,
hereinafter set forth and which they adopt
as their Charter to-wit:
ARTICLEI.
The name and title of this corporation
| is declared to be THE ESTERPRIsE LUMBER
COMPANY, LIMITED. and under its corpor-
ate name shall have the power and antho-
| ity, to have and enjoy succession for the
period Of Twenty Years, from the date
hereof, unless sooner dissolved, it shall
have the power to sue and be sued, in its
corporate name, to make and use a corpo-
rate seal, to hold, receive and purchase
real and personal property. to lease the
same, to make contracts, to sell Mortgage
and hypothecate the same, to name and
appoint such managers and directors as its
interests may require and to make such
bylaws aud regulations for the proper
| management of its affairs as in the jndg-
ment of tie board of directors may be
necessary and proper.
ARTI~LE II.
The domicil-of said corporation shall be
the town of Nugent. Grant Pa, ish, Louisi-
ana, and all citation aid other legal process
shall be served on the President, Vice. Pres
| ident or Secretary of said corporation
ARTICLE III.
The objects and purposes of this copora-
ton shall be that of conducting q general
Merchandising. Saw Milling AID Planning
Mill business, at Nugent, in Grant Parish
Louisiana.
ARTICLE ".
The Capita! Stock of this Corporation i.
fixed ut One Thousand Shares of One Hun
dred Dollars each, and the said Stick shall
be paid for either in cash or In property
to the value subscribed Mt the time of or
ganization, said Capital Slo''k may be in
creased not to exec, d Five Hunh ed Thou
sand Dollars, or may be reduced by vott
of the Stockholders, owning two-ihirds q
the Shares, at a meeting called special.
for that purpose, by publication in on
newspaper published in the pari h o
Grant, State of Louisiana. for period o
thirty days prior to the said meeting; ant
said company shall commence bushes
when Sl5, 900 shall have been subscribed. :.
ARTICLE V.
All the corporate powers If this corpora
ton shall lie vested in and exercised by
board of din ectors, composed Of seven d
rectors. of whom four shall form quorur
for the transaction of all business, the sal
: directors to be elect, annually On the lot
days of January Of each and every yeal
and such election shall be held by ballot, Z
which election ten days prior notice sha
be given by the Secretary to each stocl
holder, by notice sent to him by mail Q
otherwise. aud direct to his domicil o
place of business and each share of stoc
: shall be entitled to one vote, to be cast b
the person holding same or by write
proxy.
, The following parties shall constistui
!, the first board of directors: j. Moarc
Nngent, President: w l. Kidd, Vice-Prel
, ident: E. J. Hardtncr. Secretary and Trea
urer; II. s. Grow, T.. q. Barron. ] @. Pre-
fridge, and Henry E. Hardtner, direction
and who shall hold Office for the term {
I | ono wear or until their successOrs nj
? elected.
At the annual meeting Of each and ever
> year, a statement shall be made of the col
, dition of the business and showing mad
] of the assets and liabilities. of the c,rpo
, alton. A failure to elect directors ON IL
!, date above specified shall not dissolve tn
corporation, but the board of director
shall continue to hold Office until ne