The St. Mary banner. (Franklin, Parish of St. Mary, La.) 1889-1931, 1903-09-26
CHARTER
CIIARENTON LUMBER
COMPANY, l. ..iHmD.
. UNITED STATES O., \M,.s:CA.-
STATE OF louisiana. {
PARISH OF ST MARY
OF THE

August, i'll the year of our Lord, one Tnous
and, Nine Hundred and Three, (l903) and of
the Independence of the United states of
America, the one Hundred and Twenty
seventh.
Before me, Francois +. Pcrrct. a Notary
Public. duly commissioned and qualified in
| and tor the Parish of st. 1ary, State OF Lolii.-
! lana, and i'll the presence OF the " illnesses
| hereinafter named and undersigned Der
! sonaliy came and appeared the several
| persons whose names are hereuntO subscriD-
| ed and who seyerally declared that avail.
ing themselves of the provisions OF Act NO
| 20, OF the Legislature OF the State of Iouisi.
| ana, for the year lsSS, and of the prov isious
of all other laws OF the State OF Louis
ana, relative to the organization OF curpora-
tons, that they do by these presents
for themselves, their associates success
ors, and assigns, form themselves into "A
| corporation under the laws of the state OF
| Louisiana, and ulder the following terms
| ana conditions, to-wit:
ARTICLE /.
The name and title of this CORPORATION
snail be THE CHAEENION LCMBER
this corporation shall have power 10 rNist
and enjoy succession for the term of Ninety
nine (9) years from date of this act
| ARTICLE ii.
| The domiciIc OF this corporation shall In. IN
| the town of Clarendon, Parish of It. Mary
| state OF Louisiana; and all citations or
| other legal processes shall be served on the
prcsident, ana III his absence or inability to
| act, upon the Nice-Prcsldcnt of said cor
! pOration.
III sliaii nave power to contract, sue and be
sued to make Il corporate seal and the same.
| to break or alter ut pleasure; and to
| hold, receive, rent, purchase sell, and
convey, as well as mortgage and hypothccate
under Its corporate name. PROPERTY both
| real and personal; to borrow and lend
money, to execute notes and bonds; to
name ana appoint such managers, directors,
officers, overseers, and agents as the inter.
est and convenience OF said CORPORATION
may require; to make and establish such
bylaws, ana regulations for said corpo-
ration as It may deem necessary and
proper, and the same to be amended or
altered at pleasure, and generally to 60
everything necessary to carry out the
objects and purposes of the corporation
ARTICLE III.
The objects and purposes for which this
corporation is organized, and the nature of
the business to be carricu on by it. are
declared to be
to manufacture and sell lumber; to buy
timber and timber lands; and to build and
operate railroads, canals, basins. locks. ship
yards. etc, steam boats. sail boats barucs
pull-bOats, skidders, etc, to be used in
connection with its business, to own build
ana operate such saw mills, planning mills
afy kllnS, sheds, etc, they may deem
necessary in conducting said business; and
TO buy and sell lands, lumber, logs, and
timber OF all KINDS, telephone and telegraph
INES, ana also to own and operate such
general retail merchandise stores as they
may deem necessary or convenient.
ARTICLE ".
The Capital stock OF this corporation shall
be TWENTY THOUSAND 1870 600 on |
DOLLARS, to be divided into 200 shares of the
par value OF OND HUNDRED (Sl0oeO) Dol |
LARS each; which shall be paid for at such |
times, IN such manner and in such amounts |
as the Board of Directors may require; and |
the company, or tor property conveyed to- |
or labor done tor it. The corporation
may commence business soon as Ten |
Thousand ($l0,0G0.O0) Dollars of its capital |
stock shall have been subscribed for
Transfers OF stock VIII not be recognized |
unless such stock is transferred on the !
duly authorized agent No stOckhClder can
sell any portion OF their stock without first !
Offering 1t to the company at its market |
value.
ARTICLEv.
All the powers of this corporation will |
be vested in and exercised by Il Board sof |
Directors, composed of four members the |
President being eN-otficio member of said /
Board and each of whom shall own at least ,
one share OF the capital stock of this COM
pany. Said directors shall be elected by |
ballot, and under the supervision Of two
election conls2 Issioners, appointed by the
Board, at the annual meeting of the stock
holders of this company, which annual |
meeting shall be held OH the first TUESDAY of |
every Shareholder shall have the right in
person or by proxy, to cast one vote on each
share of stock held by him. Three 80 mem.
bers of the Board of Directors shall coust-
tute quorum. Said Board shall have
power to fiil all vacancies occurring il the
board, and all officers and directors shall
hold and continue in office until their
successors shall have been elected and
qualified. The annual meeting of the
shareholders shall be preceded by ten DAYS
notice, published in newspaper in ST. Mary
Parish, and by a notice mailed to the last
known address of each stakeholder at least
ten days before the meeting.
The Board of Directors shall have full
power to provide for general or special
meetings OF SHAREHOLDER or of the Board of
Directors. Any member OF the Board of
Directors who may be bsent from the dom
iclle of the company, or who may be pre-
vented by sickness from attending may give
a written proxy to any other member of the
said Board of Directors, to represent
him on all matters at any meeting OF
the Board OF Directors, whether special
or general. The first Board OF Di-
rectors OF this company, who shall hold
Office until the second Monday of January,
1904, or until their successors are elected and
q laiined, shall be Alcde Needer, Albert
Verret, Anatolc Wolford, j. Leonard Ro-
bichaux with Arthur Woltord, as President;
Anatole WOlford, Nice-PreSident Alcjde
Needer Secretary and Treasurer. (The
and Treasurer need not be a
or directory
The officers of this company shall be IL
President, Il Fice-President, and a Secre.
tary and Treasurer.
The Board of Directors shall at the first
meeting after their own election elect all the
officers of this company.
This Charter may be amended, byayo.co Z
he majority OF the shareholders held at a
general meeting convened Tor that purpose
litter ten days notice published in one OF
he newspapers of st. Mary Parish, and after
copy OF SAID notice OF said meeting shall
nave been mailed to each stockholuer at
lis address as lett with the Secretary of this
at least eight days before such
meeting; and the corporation may be dis
oived with the assent OF three fourtls of
he stock represented lat such meeting. The
'apital stock of this company HAY be in.
reased or diminished by complying with
he general laws of the state OF Louisiana
lpOn such matters.
ARTICLE VII.
whenever this company shall be dissolved I
ther by the expiration OF it's charter or :.
ooner by vote of the shareholders two
shall be elected by the share 4
Olders at d general meeting ut the Share
olders held after ten days notice as above
royided. These liquidators shall have fun n
OVER to liqudate all the affairs of the com
any, and shall continue in office until k
he full liquidation of the corporation
nd in case of the death of either
them. the shareholders may elect a sue g
essor, or if they do not elect Il successor y
ne powers OF both liquidatOrs shall be vest
u 10 the surviving liquidators. ii
ARTICLE VIII. e
No stockhOlder of til IS corporation shall
Yer be held liable or responsible for the
ontraetS, or faults of said corporation i'm d
ny further sum than the unnaid balanced in