The Louisiana Democrat. [volume] (Alexandria, La.) 1845-1918, 1897-06-23
CHARTER.

The State of Louisiana - Parish O
Rapides.
DEIT KNOWN THAT On THIS THl
- first day of June, Ammo Domini, one
thousand eight hundred and ninety-sev.
en-, before me, Louis J. HakenyOs, . No.
tary Public in and for the Parish and
State aforesaid, duly commissioned and
sworn, and in the presence Of the wit
nesses hereinafter named and nnlersign.
cd. personally came and appeared the
persons whose names are hereto subscrih-
ed, who declared that, awaiting them
selves of the provisions Of the laws and
the Constitution Of this State, and espe-
cially of the provisions of Act No. So of
the legislative acts of the General Assem-
bly, of the State of Louisiana for the year
1888, they do by these presents form
themselves. their Successors and asst glis,
and snch person or persons who may here.
after become associated with them, into
a corporation according 10 tho laws of
this State, under the terms and s.ipula-
tions set forth i'll the following charter,
to-wit:-
ARTICLE FIRST.
The name of this corporation shall be
"The Union Lumber Company, Limit
ed" nnder which name it shall have cor
pOrato existence and succession, for he
period of fifty years from the date hereof
With full! power TO contract, Sue and be
sued, to acquire, sell, lease, mortgage
and pledge real and personal property,
to elect officers, ake.by-laws and gsuer
ally in the prosecution and for the pur-
pose Of its business, to do any act or
make any contract competent to be made
or done by corporations under the laws
Of this State.
ARTICLE SECOND.
The domicile Of this corporation shall
be III the City of Alexandria, Rapi!es
Parish, Louisiana, and all citations or
other legal process shall be served on the
President and in the event OF his alb
sence from the Office, upon the Secretary
Treasurer.
ARTICLE THIRD.
The objects and purposes of this corro-
ration alc hereby declared to he, to buy
and sell lumber and to manufacture the
same, and for this purpose to carry on Il
general merchandise in manufactured
add manufactured lumber and any 9th
cr personal property and to do and per
form all things appertaiiling to the said
business.
ARTICLE FOURTH.
The capital stock of this corporation is
Hereby liked ut the sum Of ten thousand
[S!0,VOO} dollars, divided into one hun
dTeI shares of one hundred dollars each,
payable cash on signing of these pres
entS. Certificates tor shares shall he
signed by the President and by the Sec
retary-irrasurcr, and shall be transfrra
bio on the books of said corporation upon
tho surrender of the outstandia. Ger
tificatc.
ARTICLE FIFTH.
The corporate powers Of this corpora
ton shall be vested in a Board OF Drec-
tors composed Of three PERSONS. who shall
own stock in the corporation, a ,Aaiuri;y
of said Board shall constitute IL quorum
for the transaction of business, said III
rectors shall he annually elected at Il
said corporation to he held. after fifteen
aaSs nolicc tleitof by publication in one
of the newspapers published iu the City
Of Alexandria. or by personal uoti;iu:l-
Zion forwarded to every one Of them,
through lie mails. 10y the President, on
the first Monday of the month of January
of each gear.
The Directors shall hold their Office for
The term of Que year and until their sue
cesSors shall have been elcctcd and quail
fed. At all meetings of the Stockholders
racl, stakeholder shall be entitled to cas-,
i'll person, or by proxy, one vote fjr eve
rs share Of stock held 10y him. A mnjo,-
ty of the votes cast shnl! elect ers decade
Oh lnestinns 1bstcre the meeting. ANY
vacancy occurring by death or resigna
ton "r otherwise, shall be filled t.y hose
who remain. immediately after tlici,
election the Board Of Directors shall hold
a meeting and elect President, Wee
President and Secrttary-ircasnler. The
Directors shall determine the salaries
and powers of these oii:ce:s Respectively,
always providing that all the contracts.
notes, checks ana all obligations of the
corporation shall be signed by the Sccre-
taiy Treasurer and countersignel by the
President, who shall he general mana
ger. Aud the Beard of Directors shall
also appoint such other officers, clerks
and proper for the carrying on of its bus
mess and shall fix their respective sala-
ries and duties. The Board Of Directors
shall also call special meetings of tile
at any time for the consider
alton OF such business us Shall be speci
lied Ill the notice at the request of at
least two-tllirds in amount OF the stock
and after the same notice as is required
Tor he ANIMAL meetings.
The first annual meeting of the stock
holders of this corporation shall be held
~ the first Monday Of the month Of Jan
larT,sA. d. lS95: until that date the
persons shall! compose the first
Boar! OF Directors, viz: d. f.. Clark, ".
E. Clark and Il. L. Lovelanl, with the
said y. F. Clark as President. w. Il
Clark as Fice-l President ans; Il. b. Love
and as Secretary Treasurer. and under
,Il!s organization business shall be inme
lately begun on the filing of this Guar
Ter.
ARTICLE SIXTH.
This corporation may be dissolved with
he consent Of two thirds of th;, stock re-,
presented at a special meet ng' for that
purpose called. after the same notice as,
3 required for the annual meetings; anal
II ilIe event Of dissolution: of this charteri
Inc Stockholders present Sh,li elect twoj
commissioners, who stlal, lioui,iate the;
ltialrs Of the corporation.
This charter may be am ended or alter |
"a III any respect or the capital stock i'll
;reascd or diminished at IL spccial meet.
ng convened to consider such ti,estiou. |
lfter dhc notice as herein above rrovid
ID for.