The Progress., 1897-08-21
CHARTER
Gulf Lumber Go. Ltd.

Be it known, that before me, Cal Dial
Hicks Notary Public in and iof the
Parish OF Caddo,, State OF LOUISIANA
| d ulv com mist oned and qualified, came,
| in the presence OF the witnesses herein
after undersigned, the several persons
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 2S'h,
| 1888, as well as those OF the genera! laws,
OF the State Of Louisiana, IN relation 10
the organization OF corporations, they
have formed, and by these presents DO
form and organize themselves into cor,
under the stipulations here in after set
forth, which they do hereby accept as
their cha rter to-wt:
ARTICLE /. The name and title OF this
corporation shall be "Gulf Lumber Co.,
Iimited.'
Bv that name it shall have power and
uthority 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 cor
porate seal and the same to change at
pleasure; to hold, receive, lease and Pur
chase, ALLEVIATE and convey, as well as
mortgage and hypothecate property, real
and personal and mixed; to name and
appoint such managers, directors, ON
corporation may require; and TO MAKE
and establish such bylaws, rules ana
regulations 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 Nlce-Presldent, ana
in the absence OF both, on the Secretary
ART. 8. The purposes for which this
corporation is organized and the nature
OF the business to be carried on by 1T are
| declared to be the conducting and carry
| more expressly the buying and selling OF
| lumber in the State of Louisiana.
| ART. 4. The capital stock OF tins cor.
poration is hereby fixed at the sum OF
| divided into 200, Two Hundred Shares OF
Fifty $50 co. dollars each, and the corPo-
| ration may begin business when Zen
Thousand dollars Of its stock is sub
| scribed.
The stock shall be paid for as follows:
| In cash, or the same may be issued al nov
less than par in payment for property lor
| the corporation.
| ART. 5. All the corporate powers OF
this incorporation shall be vested IN a
| board of directors to be composed OF three
| stock holders which board shall be elect
| ed annually on the first Monday OF jan
uary beginning in the year 1898
The first board OF directors list is and A.
l VI T
dent, A. M. Finney as ce-Pres1dent;
| and A. c. 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 Vice-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 by proxy, and ma
jority of votes shall elect. A majority
OF directors shall constitute 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 oil
directors may make all such rules and
regulations for the management of the
business of this corporatian as may be
deemed necessary, and shall have power
to collect debts, borrow money, issue
bills of exchange, notes, execute mort
cages and generally to do all things in
cident to the object and purposes OF the