The Progress., 1897-08-28
CHARTER
Gulf Lumber Go. Ltd.
Of

! Parish OF Caddo State OF Louisiana
du,y commissioned and qualified, came,
after undersigned, the several persons
! whose names are hereunto subscribed
who, declared to me, said Notary, that
awaiting 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
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 stipuiations here in after set
| forth, which they do hereby accept as
their cha rter 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 use a cor
porate seal and the same to change at
pleasure; to hold, receive, lease and pur-
chase, ALLEVIATE and convey, well as
mortgage and hypothecate property, real
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
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 domcile of this corpora
ton shall be in the City of Shreveport,
Caddo Parish, Louisiana, and all citations
and legal proceedings shall be served on
his absence on the Vice-President, and
in the absence of both, on the Secretary.
ART. 8. The purposes for which this
corporation is organized and the nature
declared to be the conducting and carry
ing on a 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
100000, Ten Thousand Dollars, to be
DIVIDED into 200, Two Hundred Shares of
ration may begin business when Ten
Thousand dollars OF it's stock is sub |
scribed.
The stock shall be paid for as follows:
| n 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
stockholders which board shall be elect
ed annually on the first Monday OF Jan
uary beginn ing in the year 1898.
NJ. Finney with e. +. Finney as Presi-
lent, A. NJ. Finney as Vice-President;
md A. G. List as Secretary and Treasur-
The said board is to act until the first
Monday in January 1898, aforesaid, or
Until their successors are duly elected
hereafter, and such new board shall
elect it's President, ice-Presdent and
secretary and Treasurer.
The directors shall be elected by the
stock holders; each share of stock being
to one vote to be cast by it's
GRITTY of votes shall elect. A majority
II directors shall constitute quorum.
The President may appoint from time
o time and dismiss such clerks. agents
nd other employees 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 corporation 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
ident to the object and purposes of the
ART. 6. This charter NAV be modi-
ad chanpad ar amenda1 and oo;xl g. |