The Progress. (Shreveport, La.) 1892-1900, 1897-09-11
CHARTER
Gulf Lumber Go. Ltd.

! Be il known, that before me, Cal Dial
| 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
after undersigned, the several persons
whose names are hereunto su described,
VINO declared to me, said Notary. that
| availins themselves OF the provisions OF
Act 80 OF the General Assembly OF the
State OF Louisiana approved June 18th
1888, well as those OF the general laws,
OF the State OF Louisiana, in relation to
the organization OF corporations, they
have formed, and by these presents do
form and organize themselves into a cor
poration for the objects and purposes and
under the stipulations here in after set
forth, which they do hereby accept as
their chart to-wit:
ARTICLE 1. The name and title OF this
corporation shall be ''Gulf Lumber Co.,
Limited
BY that name it shall have power and
authority to have and enjoy succession
Tor the term OF twenty-five Years from
and after the date hereof; to contract,
sue and be sued; to make and a cor
porate seal and the same to change at
pleasure; to hold, receive, lease and pur
chase ALLEVIATE and convey, well
mortgage and hypothecaIe property, real
and personal and Mixed to name and
appoint such managers, directors Off
GERS and agents as the interests OF such
corporation may require; and to make
and establish such bylaws. rules and
regu latjons for the purpose OF manage
ment of the affairs OF said corporation as
may be necessary to proper and the same
to alter at pleasure.
ART. 2 The domicile OF this corpora
ton shall be in the City of Shreveport,
Caddo Parish, Louisiana, and all citations
and legal proceedings shall be served on
the President of the corporation, and in
his absence on the Nice-President, and
in the absence of both, on the Secretary.
ART. 3. The purposes for which this
corporation is organized and the nature
OF he hrrSI tn, hp lS1 R.x-
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. Pie capital stock of this cor
poration is hereby fixed at the sum OF
&c, 10000, Ten Thousand Dollars, to be
divided into 200 Two Hundred Shares OF
Fifty $50 Ool dollars each, and the corpo-
ration may begin business when Ten
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 for |
the corporation.
ART. 5. All the corporate powers Of
board of directors to be composed OF three |
stock holders which board shall be elect /
ed annually on the first Monday Of JAN /
uary beginn ing in the year 1898.
The first board of directors is declar- /
ed to be E E. Finney, A: 9. List and A.
NJ. Finney with E. E. Finney as Presi-
dent, A. M. Finney as fice-Presldent; /
and A. c. List Secretary and Treasur-
pr.
The said board is to act until the first
Monday in January 1898, aforesaid or
lntll their successors are duly elected
and such new board shall
elect its President, Vice-President and
and Treasurer.
The directors shall be elected by the
tock- holders; each share of stock being
Untitled to one vote to be cast by it's
,wner in person or by proxy, and ma
ority of votes shall elect. A majority
II directors shall constitute a quorum.
The President may appoint from time
O time and dismiss such clerks, agents
nd other employees as may be deemed
necessary for the purpose and necessi-
les of this corporation The board Of
directors may make all such rules and
equations for the management OF the
BUSINESS OF this corporatian as may be
eemed necessary, and shall have power
0 collect debts, borrow money, issue
ills OF exchange, notes, execute mort
ages and generally to do all things in