The Caucasian. (Shreveport, La.) 1900-192?, 1903-02-04
CHARTER
On Che @. Q. Johnson 4um6ee Com.
pany, Limited

OF December. A. Do 1902. before me, AL
| len Kendall. Notary Public in and for
the said parish and State, duly qualified
commissioner and sworn, came and ap-
Fpeared the persons whose names are
hereunto subscribed, WHO in the presence
| OF the attestlng Witnesses declared that,
| avallng themselves of the provisions oS
the laws of this State relative to the or
| ganlzatlOn of corporations, and especially
Of the provisions of Act No. 60 of 1888.
of the General Assembly of the State of
Louisiana. they Aave eovenante1 and
agreed, and by Wlese presents do cove
nant and agree and bind themselves, as
| well as such other persons as &1ay be
hereafter associated with them, d form
and constitute eornoration and BODY
polite iii law for the purposes and OBJ
]ects, and under. the stlpulations, articles
and conditions following, to-wa:
ARTICLE q
lhe name and style Of this corporation
shall be The P. A. Johnson Lumber
COMPANY, limited, and its domicile shall
be in the city Of Shreveport, Gaddo Par
sh. Xoulslana. and under its corporate
name it shall have power Il contract, to
sue and be sued; to hold, acquire, re-
celve, purchase, sell, transfer, convey, de-
liver, borrow, pledge, mortgage and hy-
\ pothecate property, both real personal
and mixed: to make and establish bv-
laws, rules and regulations fof the
proper management of its affairs and
business and the same to change or alter
at pleasure; to adopt and use a corpor-
ate seal, and generally to do all other
acts and things necessary and proper to
carry out the objects and purposes Cd the
corporation
The president OF in Ais absence Die
secretary and treasurer shall be the
proper person upon whom citation or
other legal process shall be served. This
corporation shall exist for a period of
nlrety-nlne years, unless sooness dis
solved as hereinafter provided
ARTICLE II.
The objects and purposes Yor which
this corporation is formed and the ma
ture of the business to be carried on bv
1t are declared to be to carry on a gen
eral saw mill and lumber business; man
ufacturing, buying and selling lumber
and shingles: to maintain and onerate a
woodworking factory making and selling
articles of wood, such as boxes, sash,
doors, blinds, mantels, counters, stair
ways and general house furnishings and
tlnisl1ings, and to buy and sell general
line of builders materials. Also to build
and operate railroads. Or tranlways, for
transporting logs. timber Or other arti-
cles necessary to carry on it's business.
Also to hold, purchase, receive and &C
quire real estate in the parish of Caddo,
and State of Louisiana. and to improve.
lease, sell, convey and deliver as we'll as
mortgage and hypothecate said property
ARTICLE III.
The capital stock of this corporation
is fixed at twenty-five thousand dollars
1926. 100000, divided into two hundred
and fifty shares of one hundred dollars
each, and said corporation shall COM
naence business whenever eight thousand
dollars ($S,ooo.oo) shall have been Sub
scribed and paid for. All stock shall be
paid for in cash at the time of si1bscrip-
ton. or the same may be issued at par in |
payment or exchange for property. rights
or credits actually received by said cor
poration, or the same may be issued full
paid for money advanced, and for such
other valuable consideration as the board
of directors may determine.
ARTICLE ".
The corporate powers of this corpora
tion shall be vested in and exercised by
a board of directors to be elected from
among the stockholders. It shall consist
of three stockholders. The said board of
directors shall have authority to fill va
cancies in their number by death, re-
signation or otherwise; they shall have
full control of all the property of the
corporation; they shall have power and
authority to frame and adopt such by
laws. rules and regulations as the af-
fairs and business of the corporation may
require, and they shall appoint such Of
fcers, agents, servants and clerks as they
may deem necessary to conduct the busl-
ness of the CORPORATION, fix their compen-
sation and term of service and dismiss
them at said boards pleasure; they shall
have the right to fix and determine the
salaries of all officers herein provided
for.
The following persons shall constitute
the first board of directors, to-wit: w.
H. Johnson. c. ]. Parker and P A.
Johnson, with w. H. Johnson, president:
c. J. Parker, vice president. and P. A.
Johnson, secretary, treasurer and gen.
eral manager. They shall hold Office until
the first Monday in December, A.. D.
1908 or Until their successors have been
duly elected and qualified; on said first
Monday in December. A. D. 1903, and
annually thereafter. board of directors
shall be elected. Notice of said election
shall be given by ten days publication in
one of the public newspapers published
in said city of Shreveport. Amy failure
from any cause whatever to hold said
meeting or to elect said board of direc-
tors on the day named for that purpose
shall not dissolve the corporation, but the
directors and officers then in office shall
hold over until their successors are
chosen and qualified. At any election or
stockholders meeting each stakeholder
shall be entitled to one vote for each
share of stock registered on the books of
the corporation in his name; votes NAV
be cast in person or by proxy, author
lied in writing. After each annual cleo
ton the board Of directors shall elect
from their lumber the above named Of
hcers.