The Colfax chronicle. [volume] (Colfax, Grant Parish, La.) 1877-1981, 1895-03-09
CHARTER
THE ENTERPRISE LUMBER COM
PANY, LIMITED.

DC IL knoWns mat tnat on this the Nine
teenth day of January, A. d. Eighteen
Hundred and Ninety-Five, before me Lonis
v. Marye, Notary Public in and for the
Parish and State aforesaid, duly commits
stoned and sworn, and in the presence OF
the witnesses hereinafter named and un-
dersigned, personally came and appeared
H. E. Hardtner. herein representing the
Corporation of Nugent, Hardtner Il Co.,
Limited. w. l., Kidd. J. @. Prestridge.
Messrs. Crow g. Co., I. C. Rarron, resi-
dents of this State. who mutually and
severally declared. that awaiting them
selves of the provisions of Act No. SO. of
the Legislature of this State. of the session
of 1888 approved June goth. 1889, 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-
stitnte Corporation for themselves, their
successors and such persons as ma 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:
ARTICLE I.
The name aud tile of this CORPORATION
il declared to be THE ENTERPRISE 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, i'm 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 manager and directors "a its
interests may require and to make such
bylaws and regulations for the proper
of its affairs as in the jnag.
ment of the board of directors may be
necessary and proper.
ARTI, LIE II.
The domicil of said corporation shall be
he town of Nugent. Grant Pa ish Louisi
ma, and all citation and other legal process
hall be served on the President, Vice. Pres
dent or Secretary of said corporation.
ARTICLE III.
The objects and purposes of this CORPORA
ION shall be that of conducting general
Merchandising. Saw Milling and Planning
Will business, at Nugent. i'll Grant Parish.
Louisiana.
ARTICLE Nv.
The Capital Stock of this Corporation l.
ixctl ut One Thousand Shares of One HIM.
lred Dollars each, and the said ST. ok shall
% paid for either in cash or in property.
o the value subscribed Mt the time of or
,aniSati0n, said Capital Sso X may be in
reascd not to exceed Five Hunh ed Thou
and Dollars, or may be reduced by a vote
4 the Stockholders. owning two birds Of
he Shares, at meeting called specially
or that purpose, by publication in one
newspaper published in the pari h of
irant, State of Louisiana. for a period of
hirty days prior to the said meeting: and
aid contrary SHALL commence business
vhen $4,000 shall have been subscribed :.
ARTICLE v.
All the corporate powe's IF this corpora.
ION shall lie vested in and exercised by n |
'oard OF direct RS. composed of seven d. |
ectors. OF whom four shall form quorum |
Or the transaction OF all business, the said |
irectois to be elect annually on the 10Th !
avs OF January of each and every year.
ma sneh election shall be held by ballot, of |
mich election ten days prior notice shall |
g gwen by the Secretary to each stock I
oideI, Dy notice sent tn hi:n by mail or
therwist. and dir, cted to his domicil OF
lace OF business and each share of stock
hall be entitled to one vote, to be cast bv
,e person holding some or by written
roxy.
The folio wing parties shall constistute
le first board of directors: j. Mo,roe
ugent, Presiden<; w l. Kidd, Vice Pres
.eh'; T. .. Hardtner. Secretary and Treas
rer; IL. 5. Grow, I. q. Barron. J. @. Pres.
idge,. and Henry E. Hnrfltner. directors:
"a who shall hold Office for the term OF
ne year or until their Successors are
ected.
at the ANIMAL meeting Of each and every
ear statement shall be made of the con-
no. .t' OF inc business and showing made
the assets and liabilities of the c ,ruor~
ion. A failure to elect directors on the
Ne above specified shall not dissolve this
operation, but the board of directors
aii continue to hold office until new