The St. Mary banner. (Franklin, Parish of St. Mary, La.) 1889-1931, 1902-05-03
have power to exist and enjoy succession for the
erm of ninety nine 1907 years from date OF this set
" RT9(.I.R II

erm Of ninety nine eal years from date of this set
ARTICLE II.
town of Patterson, Parish of st. Mar, State q
louisiana and all citations or other legal process.
shall be served the President and in his absence
orinability to act upon the Nice-Presidcnt Of said
corporation. .
1t shall have power to contract sue and Be sued.
to make and execute corporate seal. and the same
to break alter at pleasures to hold receive rent
purchase, sell and convey As well ~ mortgage ea0
hypOthecate under its corporate name, properly.
both real and personal to borrow and lend money
to execute notes and bonds to namo ana aFpofAt
such managers. directors officers. evereeors ana
agents as the interest and OF sAld cor
pOratiOn may require; to make ana esteollsh sneh
by laws rules and regulations for said cofp0fatlon
as may be necessary and proper and the same 70
alter and amend at pleasure and generally to do
everything necessary to carry out tho OBJECTS ana
purposes of the corporation.
ARTICLE III.
The objects and purposes for which this corpora
tior is organized and the nature OF the business to
be carried on by it are declared to- be:
To carry on a general lumber business; to man.
ufacture and sell lumber; to buy timber and tin.
Der lands; and to build and operate railroads. can.
ais basins locks. ship yards etc, steamboats,, sail
boats barges pull boats skidders etc., to Dc used
in connection with its business to own, build and
operate such saw mills, planning mills, dry kilns.
sheds, etc. as they may deem necessary in con.
Quoting said business and to buy and cell lands.
and telegraph lines and also TO OWN and operate
such general retail merchandise stores as they nay
deem necessary or convenient.
NV -, q &c ~; ,.r.-ot;o, .b.,, T..
Two Hundred and Fifty Thousand Dollars 1885,
OOO) to be divided into Twenty-Five Hundred
!2ooV) snares vi 'ne pa saT m =. O - So 20 -
times, in such manner and in such amount. - tho
Board OF directors may astu ~ T,nn.n ~ g.
may Oe lssueo 1or cash Paiu ~ tnS C x - IT,
PROPERTY IT, %r ii"i - .ooc a. its
corporation may commences ousinoee = eo :iS s no
entire capital STOCK snail nd. oeen ;a iu.
Transfers Oh soh vii no' .b bo ho"Es f the 60.
such stock Is translerrfa On ahs Dstbossad eesmt
pany by the owner or ms duly AutnoTlz ~ sson,.
No stbckholdeIs can sen any porton o1 snc. S.osH
without first offering II ~ the company Al Hs 0ooA
value. .,,,c,y~
ARTICLE N.,,.,
All the powers OF TINS corporation snal r pe SetIed
II and exercised ny board OF tnree 10! OirecWS,
each of whom shall own at least one share OF the
capital stock OF TINS company. oIid Dlrettcrs enel
be elected ny Dallot anu uhuer :He supo. ie1o y
at the annual meeting OF the stockhciiers OF !nie
company, which annual meetlng snan oe heiu o.
the second tuesday OF January OF eaGn year a.
which meeting every shareholder shall navc inc
right in person or Dy proxy, 10 cast one VOC on
the Board OF Directors shall constitute quorum
Said Board shall have power 10 MI ail vac9c!es o.
curing IN the loaiu anu an olnceIs anu Dleeols
shall hold and continue in office until their :1ceees-
ors shall have been elected and quahned Inc IN.
nual meeting of the shareholders shall be preceded
by ten days notice. published IN any paper IN ~:
Mary parish, anu by noticc maiieN 70 tne ne.
known address of each stockholder 1t least eight
days before the meetinS. -
The Board OF Directors shall nave tuil power 10
provide for general or special meetings OF share
holders or 1.-THE Board OF Directors. ANY mem.
bcrs of the Board OF Directors who may be absent
from the domcile OF the company, or who may be
prevented by sickness from attending, may give
written proxy to any other member OF SAID boAr&
of Directors to represent him on all matters 1t Any
meeting OF the Board OF Directors whether SPECIAL
or general. The first Board OF Directors OF this
company, who shall hold ONCE until the 18TH oay
of January. 1905 and until their successors arc
elected and qualified. shall be r. u. Wl!hAmes l.
NJ. Williams and Z. ). Williams, with X. g. WI
liams rs President, l.: M: Williams. a. Secretary
and Treasurer and L s. Williams az ice PRESIDENT
The officers OF this company shau be PRESIDENT,
Vice President ana secretary ana treasurer
cine Secretary and treasurer need not DC snare
holderor director.
The Board OF Directors shall, at the hrst meet
ing after their own election elect all the oncere Ok
this company.
ARTICLE VI
This charter may be amended by v0fe OF the
majority OF the shareholders held NJ genera!
meeting convened tor that purpose after ten days
notice published III one OF the daily newspapers q
ST. Mary parish and after copy OF said notice q
said meeting shall have been mailed to esch stock
holder at his address as left with the Secretary Of
this company at least eight days before such meet
ing; and the corporation may be dissolved with
the assent OF OF the stock represent.
ed at such meeting The capital stock ct this eos'
npn may ha