The Bossier banner. [volume] (Bellevue, Bossier Parish, La.) 1859-1952, 1898-12-01
Charter Of
Bossier Lumber Company,
Limited.

~ PARISH OF BOssIER. and appeared before
me, Hoyle Tomkies, Notary Public in and
for the Parish Of Caddo. State Of Louisiana,
lie parties whose names are hereunto signed
and subscribed, all of full age, who declared
that, awaiting themselves Of the provisions of
the laws of this State. relative to corporations,
and especially of Act No 80, of 1888, and by
these presents covenant and agree, and bind
themselves us well as such other persons as
may hereafter become associated with them
to form and constitute corporation and body
polite in law, for the purposes and objects,
and under the stpulations articles and cOIdi
tons following, to wit:
The name and title of the said corporation
shall be "BOSSIER LUMBER COMPANY,
L1MITED,' and its domicile is hereby estab-
lished at BODCAU, Bossier Parish, State of
Louisiana, and under its said corporate name.
said corporation shall have power and authori-
ty to contract, sue and be sued; to make and
use corporate seal, and the same to break and
alter at pleasure; to hold, receive, have, pur
chase, improve, ALLEVIATE, convey, sell, borrow,
pledge, mortgage and hypothecate, under its
said corporate maine, property. real, personal
and mixed, to name and appoint such officers,
directors, agents and managers or employees.
as the interest or convenience of said corpora
ton may require; to make and establish by
laws, rules and regulations for the proper
management and regulation Of its affairs, as
may be deemed necessary and proper, and the
same to change and alter at pleasure; and to
all other acts and things permitted by law, or
as shall or may be necessary and proper to
carry ont the objects aud purposes Of said
corporation.
Said corporation, unless sooner dissolved in
accordance with its charter, shall exist and
continue for the period of ninety nine years
from the date of this charter.
ARTICLE II.
The objects and purposes for which this cor
poration is organized, and the nature of the
business to be carried on by it are declared to
be the following, tO-wit:
To buy, build and operate Saw and Planning
Mills, to buy and sell lumber and generally to
engage in a general lumber business, and in
connection Herewith, to build and operate
railroads. telegraph and telephone lines, and
carry general mercantile and supply bust
ness
Citations and all legal processes shall be
served on the President, and in his absence on
the Secretary.
ARTICLE ".
The capital stock of this corporation is de-
clared to be Five Thousand Dollars, divided
into Fifty shares Of One Hundred Dollars each
which shall be paid for in cash or property
actually sold and delivered to this corporations
and this corporation shall begin operation as
soon as the tull amount of capital stock shall
be subscribed and paid in.
ARTICLE V.
The affairs of this corporation shall be under
the management aud control of three stock
holders. to be elected annually at a meeting of
the stockholders, for that purpose, each share
of stock representing one vote. to be held on
the first Monday of January, 1899, and yearly
thereafter. ten days written notice to be given
to each stOckholder; until the first election the
Board of Directors shall be, Sam Benia min
Louis Hooper and r. A. Grounds.
ARTICLE VI.
The officers of this corporation shall be .
President and Secretary and Treasurer, and
said officers shall be elected annually by the
Board of Directors. and until the first election,
the officers shall be as follows: r. A. Grounds,
Presidents Sam Benjamin, Vice-President, who
shall act as General Manager; and Louis
Hooper, Secretary and Treasurer; who shall
serve until their successors are duly elected.
ARTICLE VII.
No stakeholder shall ever be held liable or
responsible tor tho contracts or faults of said
corporation in any further sum than the I'm
paid balance due to Company on the shares
owned by him; nor shall any lnfor:nality in the
organization have the effect of rendering this
Charter null or of exposing stakeholder to
any liability beyond the amount of his stock
ANo Li'tlSlcE VI Stock 10y Cilt hCluerS tnerGOf
shall be binding on this corporation, unless
transfer is duly entered on its books.
ARTICLE VIII.
Whenever this Corporation is dissolved, it's
affairs shall be li9udated by three Commits
soners, appointed by the stockholders from
among their members, at a meeting held for
that purpose. In case OF death or failure to
act, said remaining Commissioners shall
appoint their successor.
Done and passed, at my office. in Catltlo par-
ish. i'll presence of l. NJ. McDuttie and r. A.
Slattery. competent witnesses, on this the 18th
day Of November 1893.
Attest: )R. A GROUNDS 10 Shares.
L M MCDUFFIE. SAM BENJAMIN 30 Shares
r A sLArTERY. LOUIS HOOPER 20 Shares.
HOYLE TOMkIES. Notary Public
Having examined the foregoing act Of incor-
poratlon and finding nothing therein contrary
to law, hereby approve the same.
Done and signed officially, on this the 18th
day Of November, A. D., 1898.
A. J. MURFF,
District Attorney, 2nd District, La.
Filed and recorded 22nd day of November,
A. D., 1898, in volume o, Mortgages pages 45,
ct seq. ~. b. HILL,
Deputy Clerk and ex-otiico Recorder.