The Progress., 1897-09-04
CHARTER
Gulf Lumber Go. Ltd

| ~1N4II ANtIll'Nl Wv. AlN (.
Hicks Notary Public in and for the
! Parish OF Caddo, State OF Louisiana,
duly commissioned and qualified, came,
| in the presence OF the, witnesses herein
| whose names are hereunto subscribed,
who declared to me- said Notary, that
availing themselves of the provisions OF
Act SO Of the General Assembly OF the
State OF Louisiana approved June 18th,
1888, as well as those OF the general laws,
| OF the State of Louisiana, in relation to
have formed, and by these presents do
form and organize themselves into cor
poration for the objects and purposes and
under the stipulations here in after set
their cha rter to-wit:
ARTICLE 1. The name and title OF this
corporation shall be "Gulf Lumber Co.,
Lmited''
By that name it shall have power and
authority to have and enjoy succession
for the term OF twenty-five years from
and after the date hereof; to contract,
sue and be sued; to make and use a cor
porate seal and the same to change at
pleasure; to hold, receive, lease and pur-
chase, ALLEVIATE and convey, as well as
and personal and mixed; to name and
appoint such managers, directors, Off
GERS and agents as the interests OF such
and establish such BYLAWS, rules and
regulations for the purpose OF manage
ment OF the affairs OF said corporation as
may be necessary to proper and the same
ART. 2. The domicle OF this corpora
ton shall be in the City Of Shreveport,
Caddo Parish, Louisiana, and all citations
the President OF the corporation, and in
his absence on the Vice-Presdent, and
in the absence OF both, on the Secretary.
is erPganRosd and the natnrs
of the business to be carried on by 1T are
declared to be the conducting and carry
ing on general lumber business and
more expressly the buying and selling OF
lumber in the State OF Louisiana.
ART. 4. The capital stock of this cor
poration is hereby fixed at the sum of
divided into 200, Two Hundred Shares of
Fifty $50 OO) dollars each, and the corpo- |
ration may begin business when Ten
Thousand dollars OF its stock is sub
scribed.
The stock shall be paid for as follows:
In cash, or the same may be issued at not
less than par in payment for property Tor
ART. 5. All the corporate powers of
this incorporation shall be vested in a
board of directors to be composed OF three
ed annually on the first Monday OF jan
uary beginning in the year 1898.
The first board of directors is declar-
ed to be E. E: Finney, A: G. List and A.
dent A. NJ. Finney Vice President;
and A. G. List Secretary and Treasur-
err.
The said board is to act until the first
Monday in January 1898, aforesaid, or
until their successors are duly elected
thereafter, and such new board shall
elect its President, ice-President and
Secretary and Treasurer.
The directors shall be elected by the
stock holders; each share of stock being
entitled to one vote to be cast by its
owner in person or by proxy, and ma
jority OF votes shall elect. A majority
of directors shall constitute a quorum.
The President may appoint from time
to time and dismiss such clerks, agents
and other employees as may be deemed
necessary for the purpose and necessi-
ties OF this corporation. The board OF
directors may make all such rules and
regulations for the management of the
business of this corporatian as may be