The Louisiana Democrat. [volume] (Alexandria, La.) 1845-1918, 1897-07-07
CHARTER.
The State Of Louisiana - Parish OF
Rapides.


Rapides.
de 1T KNOWN THAT ON THIS THE
d first day of June, Ammo Domini, one
Thousand eight hundred and ninety-sev-
EN-, before me, Lonis J. HakenyOs, No:
tary Public in and for the Parish and
State aforesaid duly commissioned and
sworn, and III the presence OF he wit
nesses hereinafter named and undersign-
ed. personally came and appeared the
persons whose names are hereto suhscrlb-
ed, who declared that, availing them
selves Of the provisions of the laws and
the Constitution of this State, and espe-
cially of the provisions of Act No. 50 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 assigns,
and such person or persons who may here
after become associated with them, into
a corporation according to the laws OF
this State, under the terms and siipnla-
tions set forth in the following charter,
tO-wit:-
ARTICLE FIRST.
The name of this corporation shall be
"The Union Lumber Company, Limit.
cd" under which name it shall have cor
pora to existence aud succession, for tn.
period of fifty years from the date hereof
with full power to contract, sue and bt
sued, to acquire, sell, lease, mortgage
and pledge real and personal property
to elect officers, make.by-laws and gener
ally in the prosecution and for the pnr
pose of it's business, to do any act OF
make any contract competent to be made
or done by corporations under the law'
ARTICLE sEcoND.
The domicle of this corporation shall
be in the City of Alexandria, Rapids
Parish, Louisiana, and all citations o.
OF her legal process shall be served on thu
President and in the event of his alb
sence from the office, upon the Secretary
Treasurer.
ARTICLE THIRD.
The objects and purposes of this corno
ration are hereby declared to be, to In.
and sell lumber and to manufacture tn
same, and for this purpose to carry on
general merchandise in manufacture
add unmannfactured lumber and any 9th
er personal property and to do and pei
form all things appcrtaining to the sui
business.
ARTICLE FOURTH.
The capital stock of this corporation
hereby fixed ut the sum Of ten thonSan
$50, On0) dollars, divided into one hun
bred shares of one hundred dollars eacl
payable cash on signing of these pre-:
ents. Certificates tor shares shall h
signed by the President and by the Sc.
retary-Tre:ls,lrer, and shall he transfer:
hle on the books of said corporation mpo
the surrender of the outstanding Gel
titicate.
ARWCLE FIFTH.
The corporate powers Of this corpor;
ton shall be vested in Board of Due'
tors composed three persons. who Sha
own stock in the corporation, a maj vr!
Of said Board shall constitute 4 qnoru
for the transaction Of business, said ID
rcctors shall be annually elected at
general meeting Of the stockholders (
said corporation to he held, after tittce
days notice thereof by publication in 81
of the newspapers published in the Cit
Of AleXandria, or by personal notifies
ton forwarded to every one of then
through the mails. by the President. q
the first Monday of the month of Janual
of each year.
The Directors shall held their office f;
: the term of one year an;! until their Sn
re<sors shall have been elected and qua
fed. At all meetings Of the StockIol.!c
. each stakeholder shall be entitled to ca
in person, or by PROXY. one vote Tor ev
~ share of stock held by him. A ,ua,io:
ty Of the votes east shall elect or dec:'
on questions before the meeting. al
vacancy occurring by death or resign
ton or otherwise. shall be filled hy the
who remain. Immediately after tie
election the Beard of Directors shall lo
meeting and elect President, Vie
President and Sccretary-Treasurer. III
Directors shall determine the salari
and powers of these officers rcspcctivel
always providing that all the contrac!
notes, checks and all obligations of Il
corporation shall he signed by the Seer
tary Treasurer and conntersigned by II
President, who shall be general man
ger Aud the Board of Directors shu
also appoint such other officers, cler
and employees as it may deem advisab
' and proper for the carrying OH of it's bu
mess and shall fix their respective sal
, rics and duties. The Board of Directo
shall also call special meetings Of Il
: stockholders at any time for the consile
alton of such business as shall he spec
fed in the notice at the request of
2 least two-tl,irds III amount of the sto,
and after the same notice as is reqnir
for the annual meetings.
) The first annual meeting of the stoc
I holders Of this corporation shall be he
!, on the first Monday of the month of ia
uary, A. ID. 1888; until that date t
I following persons shall compose tho fiji
Board of Directors, viz: d. F.. Clark,
Z Clark aud r. B. Lovelanll, with t
said n. +. Clark as President. W.
> Clark as Vice President and r. b. Lo,
!. land as OBSERVATION-DISCLOSURES, and I'M,
:. this organization business shall he INN
: diately begun Oh the filing of this Gu;
: ter.
ARTICLE SIXTH.
= This corporation may be dissolved Wi
u the consent of two thirds of the stock
i. presented at a special meet ny for tn
purpose called. after the same notice
is required for the annual meetings; a
/ in the event of dissolution of this chart
the stockholders present SD III elect t,
} commissioners, who shall liQnidate t
J.. affairs of the corporation.
This charter may DO amended or alt
y ed in any respect or the capital stock
e creased or diminished at Il special me
ING convened to consider such uue,ti,