The Bossier banner. [volume] (Bellevue, Bossier Parish, La.) 1859-1952, 1897-01-28
CHARTER
CHARTER
OF
The Lone Star Lumber Com.
pany, Limited.

State OF LOUISIANA, be 1t known that on
- Parish Of Bossier; this the 18th day OF
January. A. D., 1897, before me, K. B. Hill,
Deputy Clerk and ex-otficio Notary Public in
and for Bossier Parish. Louisiana, duly ap-
pointed, commissioned and qualified and in
the presence of the witnesses hereinafter
named and undersigned, personally came and
appeared the persons whose names are hereto
subscribed who severally declared that avail
ing themselves of the provisions of Act st. of
SessiOn of 1883. approved June 29th, 1888, as
we'll as those of all the general laws of the
State of Louisiana relative to the organization
Of corporations, they have formed and organ
lied, and BY these presents do form and organ
ize themselves anu their associates and sue
cessors into corporation for the objects and
purposes, and under the terms and stipGla
lions hereinafter set forth, tO-wit:
ARTICLE
The name and title of this corporation shall
be LONE STAR LUMBER COMPANY, Ltd.
and under said name it shall have and enjoy
succession tor the period of ninety-nine years
from the date of this charter; and in said cor
pOrate name may sue and be sued NAV have
hold, purchase, sell, convey, lease, mortgage
and pledge property, real and person Il may
nave and use corporate seal and same to
change at will, and generally, may have and
possess any and all powers and privileges
which corporations are, or may be authorized
to possess by law, and particularly to carry
out the purposes of this corporation and its
domicie shall be Adger, Bossier Parish, La.
ARTICLE II.
The objects and purposes of this corporation
are declared to be to buy and sell timber lands
to manufacture, buy and sell lumber, and to
build and operate saw and planning mill plants
railroads, telegraph and telephone lines, and
to conduct general mercantile business
ARTICLE III
Citations and all legal processes shall be
served on the President, and in his absence on
the Secretary and Treasurer.
ARTICLE
The Capital stock of this corporation is de-
clared to he $780, OO) Fifty Thousand Dollars;
divided INTO 500) five. hundred shares of ($lO)
one hunured dollars each, which shall be paid
for in cash or property actually sold and de.
livered to this corporation, and shall be due
and payable in such amounts and at such
times and places as the Board of Directors NAV
resolve and determine This corporation shall
begin operation as soon as 1901 three hundred
shares of stock making the sum of ($iOuOC)
Thirty Thousand dollars shall have been sub
scribed to the capital stock and paid in.
ARTICLE V.
The affairs of this corporation shall be under
the manage ent and control of the Board of
Directors composed of three or five stockhold-
ers to be elected annually at meeting of the
stockholders, Tor that purpose, to be held on
the first Monday in January, 1897, and yearly
thereafter, latter ten days notice given to
each stakeholder by the Secretary and Treas
urer). Until the first election the Directors
shall BED NJ. McGill, f. l. McGill and j. s.
Burgess, who shall serve until their successors
are duly appointed.
ARTICLE VI
The officers of this corporation shall be a
President, a vice-President and a Secretary
and Treasurer and said officers shall be elect
ed annually by the Board OF Directors, and
until the first election the officers shall he AZ
follows: J NJ. McGill, President, K. l.. Nc
Gill, ce-President, and j. 8. Burgess, Secreta-
~ and treasurer who shall serve until thier
successors are duly elected.
ARTICLE VII.
No stockholder shall ever be held liable or
responsible for the contracts or faults of said
corporation in any further sum than the un-
PAID balance due to the company on the shares
subscribed by him; nor shall any informality
IN the organization have the effect of render
ing TINS charter null, or of exposing any stock
holder to any liability beyond the amount of
stock owned or subscribed by him. No trans
fer of stock by the holder thereof shall be
binding on this corpOrati'n unless said trans
Ter is duly entered on its books.
ARTICLE VIII.
Whenever this corporation is dissolved bv
or from any other cause. its affairs
shall be liquidated by three commissioners
elected by and from the stockholders for that
purpose, at a meeting of the same convened
alter ten days notice to each of said stockbold-
ers given to them by letter addressed to each
stakeholder and deposited in the mail In case
OF death or failure to act said remaining com
lnlssioners shall appoint their successors.
his done and passed at my office in said
Parish OF Bossier, and State Of Louisiana, on
the day and date above mentioned, in presence
Of A. r. Thompson and Joaunes Smith, who
being competent witnesses, signed these pres.
ents with said appearers and me as Notary.
Attest: I NJ McCIII
)oAHhEs SMITH. Us. BURGESS.
K b. HILL. Deputy Clcrk and ex-officio
Deputy Recorder aud Notary Public
state of Louisiana, Having examined the
Parish of Bossier. foregoing act of incor-
DOratlon OF the Lone Star Lumber Comnanv
Limited, and finding nothing contrary to the
aw contained therein hereby approve the
same Done and signed officially on this the !
18th day of January, 1897.
A.. J. MURFF, District Attorney
OF Second Judicial District of Louisiana.
Filed and recorded the 18th day of January.
A. ID 1897, in Volume NJ of Mortgages, pages
'O5 ct seq
r. B. HILL, Deputy Clerk
and ex-ofticio Deputy Recorder. |