The Natchitoches enterprise. (Natchitoches, La.) 1888-1965, 1902-07-03

named and undersigned, came and APP
Dcdred the persons whose names are
herruntO subscribed, who declared that
availing themselves of the provisions OF
the laws of this state relative 10 the or
ganizntion Of corporations, they have
cOyenantrd aud agreed ana by these
presents do covenant and agrrc and
bind themselves and those who may
hereafter become associated with them
to form and constitute Il corporation and
body polite in law for the objects and
purposes and under the articles and
stipulatiOns following. to-wit:
ARTICLEl.
The name and style of sand corpora
ton shall be THE BAYOU PIERRE
SINGLE AND LUMBER COMPANY,
LIMITED. and under it said name il
shall have power and authority 10 con-
tract: sue and be sued; to make and use
II corporate seal, and the same to alter
or break at pleasure; to hold. receive.
have. purchase, ALLEVIATE, convey. sell
pledge. mortgage, hypOthccate or lease
property. real ana personal and mixed:
10 name and appoint such officers. d.
rcctOrs. agents ana employees as The in
tercsts and, convenience of said c0rpO-
li>h bylaws. rules and regulations. for
The proper management Of its affairs rs
may he deemed necessary and proper,
ana the same to alter or change at pleas
IRE: and generally to do all other acts
and things necessary and proper 10
carry out the oh ,cr and purposes of
said corporation.
This corporation. unless sooner dis
olycd a. hereinafter provided. shall cX-
list aud continue for the period Of nIne
ty-uine years from and after the date
hereof
All citations or other legal process
shall be served upon the president, or
III his absence on the vice president or
in thpIrabsrncc upon the secretary.
ARTICLE IL.
The objects aud purposes for which
this corporation is organized and the
nat re of the business to he carried on
BY il are declared TO be: TO conduct a
general saw mill and lumber business,
manufacturing, buying and selling TIM
Dor, lumber and shingles.
ARTICLE III.
The capital stock of tmiS corporation |
shall be Fifty five hundred dollars, d.
Vidrd into and represented by titty-livr
(5J) shares. of The sum of One Hundred
Dol ar each, which stock shall be paid
for in cash. or property rights and cred
lis actually received 10y SAID corpora
ton: provided, that no stock shall be
issued until the consideration therefor
has been received by said corporation.
Any stakeholder NAV sell. assign or
transfer his stock in said corporation.
provided, thirty DAYS rOti, e of his in
tentiOn to sell, assign or transfer the
same, he given the corporation IN writ
iug. ami the other stockholders shall
have the first privilege Of acquiring
same.
The stock of said cooperation may be
transferred under the above conditions,
put no transfer shall aft ct the corpo-
alton unless made on the books of the
1T It's Office in the Town of !
Derry. in said parish Of NatchItOChe>.
where said corporation shall be dOmi-
lied. and only on the surrender of tie ,
,erlicate therefor.
This corporation Is authorized to com
nencc business when Fifty five hundred
IolIarS of the capital stock shall have
zen subscribed and paid for.
ARTICLE ".
lt COIDUTult DUNtIS vi lulS NuIlllDi- l..
~ shall he vested IN by board of d. I
ectors. composed of four a. stock
FOLDERS. The following persons Shall
on>litutc the first buarl Of directors:
. Chopin, {. :. Hale. X. &. \ Pecuupt I
nd A, Il. Spencer. with l. Chopin. :,
resident; 1. 5. Hale, wee president.
nd r. G. \. Pecquet. secretary and q
treasurer. J.
The said officers and directors shall :
old their offices until the First Monday
4 June, 1903. or until their successors
hall have been duly elected and mali-I
ed. On the said FIRST Monday in June
BOB. and annually thereafter, a board
directors shall be elected, unless said
ny shall be legal. holiday, when the
lid election shall be held the day fol-
wing said holiday. notice of SAID cleo cl
on shall he given by ten days publica Do
on IN one of the public newspapers III
ublIshed in said parish. NJ
The bOald of directors shall appoint al
10 or more stockholders 10 preside al
lch election, Any failure from any
Iuse whatever to hold said meeting, or
eject sand board of directors on the
ate named for that purpose shall not
ssolyc said corporation. but the direc-
- illSn III Ollltf SIldtl llbIu bNtI uUlIl
Ieir successors are chosen and qualified. c;
AT every election and stockholders tc
Getting each stakeholder shall he en- eS
tied 10 one vote for each share of stock Ii
.iStered on the books of the corpora 81
On In his name; votes may be east in CO
.rSon or by proxy authorized IN whit. I'll
z. After each election the board of di
rectoIs shall elect from their number W
q hbV,I unmpd Oiii1t 81
ARTICLEV bs
This charter MAY be changed. altered g. g.
amended. Except to increase or de- D;
ease the capital stock, or the corpo- D,
ton may be dissolved at Il general -
celing of the stockholders convened -
+ that purpose, with thu assent of ~
o-ihirds of the capital stock Ten - -,
vs. nriOr notice. of such meetings shall -
given BY publication us herein be =,
re provided. Il; case of The dlssOlu- o. ..
N of this corporation by limitation or Il
lerwIse its affairs shall Ge Iiduidatpd a. a.
commissioners selected Fby and from -, &c
stockholders at a mCetipg called for e.,
is purpose after due notice. -
ARTICLE vi. de
No stakeholder shall ever be held la ~ ~
or responsible for the faults or cen suC
lctS of the corporation in any fur my
n sum than the unpaid balance due All All
corporation on the shares of stock Go
described for and owned by him. nor DO,
all any informally in organization hi
We the effect of rendering this charter ha
u. or of exposing a stakeholder To Iu
y liability beyond the amount OF his I rni
'ck. IF
Done and passed at my office in .aid Of
IRISH on The day first above written. in OF Of
.sence OF Garnet Billui and Ii. II
nkins, competent witnesses. who sign. 80,