The Colfax chronicle., 1903-05-09
CHARTER
OF the
TEAL.LaCROK LUMBER CO.,
Limited.
STATE OF LOUISIANA. /
pARIsH OF GIANT.

STATE OF LOUISIANA, I
PARIsH OF GIANT.
,,tS % ds, yo4 Of Aprii % 4. D. isos, before me. W.
Clarke, Notary Public, duly sworn. qualified
and commissioned according to law, in and for
the 'Pd e.
and William LaCroix. al! residents 0f the pansh
Of Grant, State Of Louisiana, and above the age
Of majority yho declared & ana 9 fSs
laws of the State Of Louisians, governing corp
orations in general, but more especially with the
provisions Of Act Number 20 Of the Acts Of the
General Assembly of the State of Louisiana OF
1883, do by these presents organize and form
themselves into corporation and body polite,
for the purposes and objects and under TIE sti2-
which they hereby adopt as their Charter to-wlt:
ARTICLE I.
The name and title Of this corporation shall
be known and styled as TEAL-LACROx LUM-
BER COMPANY, LIMITED, and by this name
enjoy succession for a full period OF twenty
years from date of this act to sue and 70 be sued
to make and use = corporate seal, and the same
shall be designated by the board Of directors, to
purchase, hold, own, lease, accept BY donation,
or to acquire by any other manner authorized by
pledge any or ali Of its real estate, personal
property, rights, grants, and franchises, 70 bor-
row and to loan money. and to give and to re-
ceivs security BY mortgase pledge or any any other other
ON a general mercantile business, to elect and
appoint directors, and such other officers, agents
or employees as the interest and business 9f SAID
corporation requires, and generally to do and
perform all things necessary to- be done intent
to the proper conduct Of the business and affairs
of this corporation. which may not Dc speciany
herein stated and enumerated.
ARTICLE IL.
The domicil of said corporation shall be at
the town Of Colfax, Grant parish, State OF Lou
isiana, and all citations and other legal process
shall be served on the President, IN his absence
Of the President and the Vice President, on the
Secretary of said corporation, at theis place OF
domicil. or at the Office Of said corporation.
ARTICLE III.
The objects and purposes for which this cor
business to be carried on are hereby declared
and specified to be as follows: To cut, purchase
and cell timber, and to mil and manufacture
timber or IL mber into any form or object, ana
to buy and TO sell same, to construct and use to
build and operate, with any lawful motive p ,wer.
mills, tramways. canals. and other means or in
moving timber. lumber, or other products, un-
der such conditions and to such extent as may
be lawful To purchase, lease. snb-lesse. ac-
lands and buildings and appliances as may be
necessary or needful, useful or convenient to
said company, in carrying on its business. ana
to conduct and engage in and carry on q general
mercantile business
| ARTICLE Nv.
| The Capital Stock of this corporation is here
/ by hxed at tho sum Of Fifteen Thousand Dollars.
divided into $50 shares. at the par value Of One
Hundred Dollars each, which shall, before being
Issued be paid for in cash, in property, goods,
ed. and said corpcrsticn Of % shall be considered op-
erative and 60 into effect when the full amount
of the capital stock has been subscribed and paid
the same has been paid for. The stock shall be
| evidenced by q certificate issued and signed by
| the Secretary and President of said corporation
Tsnsfsss Of stock shall pc made ma Sn,y o. On .cs
regulations and f0rmalities as the Board OF Di-
recton may prescribe.
ARTICLE v.
All corporate power; o. ss,d al ~ d;sct snc
ors to be composed Of three stock holders. The
first board of directors shall be compOeed oi
Cherries b; Teal. John 7. LaGroix and William ., p
LaCroix, Vice President and General Manager
and William LaCroix. Secretsry and Treasurer
who shall hold ofice until the hrst MONDAY o
April. 1904 and until their successors shall havt
been elected aud qualified. and annually there
after q general meeting Of the stockholders cha!
be held for the purpose Of electinR board OF di
rsctors to serve during the ensuing year, and nm
til their successors ehall have been elected ant
qualified. Notice of this meeting shall be giveI
in writing ard the same deposited in the Unitet
States mail addressed to each et0ckholder full.
ten days previous to holding said meeting, or b!
publication in newspaper in the psnsh o
Grant for at least two, weeks priyr 70 said eisc
tion. All corporate elections shall be BY ballo
and the vote Il the majority Of the stock pres
eut shall be necessary to elect. and each stock
holder shall be entitled to cas-. either IL persol
or By proxy ono vote for each share Of stock bel!
BY him. All vacancies in said board shall be fill
ed By it. The board shall at its first meeting al
ter its election elect from it's members Prcsi
dent Vice President and General Manager
and Secretary and Treasurer. The Office of Vic
President and General Manager is hereby com
bined as one Office and that of Secretary an!
Treasurer as one. The board shall appoint sue
other officers a. it may deem necessary, and shal
. have power to make all necessary bylaws, rule
and regulations for the government OF its affair
and business of the company, and to change th
, same at its pleasure AZ it may determine.
ARTICLE vi.
L A meeting of the stockholders may be calle
at any time by the board OF directors. and sha
be called by the president or secretary at an
time upon the written request 1T st0ckhOldeI
owning at least one tenth Of the capital stock
said company. Said meeting to be called as
/. hereinabove set forth with respect to- aunus
, meetings and shall be conducted in the sam
manner, and at all meetings of the stockholdel
q majority in the amount of the capital stock Z
this company shall constitute quorum for tn