The St. Mary banner. (Franklin, Parish of St. Mary, La.) 1889-1931, 1903-10-03
CHARTER
OF THE
CHARENTON LUMBER
COMPANY, LAHIrED.
UNITED STATES G. AMERICA
STATE or LOUISIANA
DANISH AE ST MARN

| BE it known that on this 3lst day of
| August, in the year of Our Lord, one Thous
| and, Nine Hundred and Three, O9O3) ; and of
| the Independence of the United States of
America, the One Hundred and Twenty
| seventh.
Before me, Francois Z. Perrct. Notary
Public. duly commissioned and qualified in
and for the Parish of st. 1ary, state of Louis
| lana, and in the presence of the witnesses
| hereinafter named and undersigned, per
| sonally came and appeared the several
| persons " hose names are hereuntO subscrb-
ed, and who Seyerally declared, that, avail.
| ing themselves OF the provisions of Act No.
Sc, of the Legislature OF the State of Louisi-
ana, for the year lsss, and of the provisions
! ana. relative to the organization of corpora
tions, 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, ant uhdcr the following terms
| and conditions, tO-Wit:
| ARTICLE I.
shall be rmE a ' uASES Sh;5
| COMPANY, LIMITED" and by this name
| this corporation shall have power to exist
| and enjoy succession for the term of Ninety
nine (99) years from date of this act
| ARTICLEII
The domcile of this corporation shall be IN
the town of Clarendon, Parish of st. Mary,
| state of louisiana; and all citations or
| other legal processes shall be served on the
| President, and in his absence or inability to
| act, upon the Nice-Presidcnt of said cor
| poratiOn.
| 1t shall have 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, rs well as mortgage and hypOthecate
| under its corporate name, property, both
real and personal; to borrow and lend
| money, to execute notes and bonds; to
| name and appoint such managers, directors,
| officers, overseers, and agents, us the inter
| est and convenience OF said corporation
| may require; to make and establish such
|
| ration rs it may deem necessary and
| proper, and the same to be amended or
| altered at pleasure, and generally to do
everything necessary to carry out the
| objects and purposes of the corporation.
| ARTICLE Ill.
The objects and purposes for which this
| corporation is organized, and the nature OF
| the business to be carried on by it, are
| declared to be-
To carry on general lumber business;
| 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 -DUats barges,
| connection with its business, to own, build
and operate such saw mills, planning mills,
| dry kilns, sheds, etc, as they may deem
| necessary in conducting said business and
| to buy and sell lands, lumber, logs, and
timber of all KINDS, telephone and telegraph
| lines; and also to own and operate such
general retail merchandise stores as they
may deem necessary or convenient.
ARTICLE Nv.
The Capital stock of this corporation shall
| be TWENTY THOUSAND (S2O, OOO.UU)
DOLLARS, to be divided into 200 shares of the
par value of OND HUNDRED ($lOU.sO) DOL
| LARS each; which shall be paid for ut such
times, in such manner and i'll such amounts
| as the Board OF Directors may require; and
such stock may be issued for cash paid to
the company. or for property conveyed to,
or labor done for it. The corporation
| may commence business as soon as Ten
Thousand ($lO,oO0.OO) Dollars of its capital
stock shall have been subscribed for.
Transfers OF stock will not be recognized
unless such stock is transferred on the
books of the company by the owner or his
duly authorized agent. No stakeholder can
sell any portion OF their stock without first
offering it to the company at its market
value.
ARTICLE v.
All the powers of this corporation will
be vested in and exercised by Board luf
Directors, composed of four members, the
President being eX -officiO 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 commissioners, 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
January of each year ut which meeting
every shareholder shall have the right in
person or by proxy, to cast one vote OH each
share Of stock held by him. Three 80 men,
bers of the Board OF Directors shall consti-
power to fill all vacancies occurring in the
Board, and all officers and directors shall
hold and continue in Office until their
suaifie e S The annual 't meeting de'e Of the the
shareholders shall be preceded by ten days
notice, published in newspaper in st. Mary
Parish, and by notice mailed to the last
known address of each stakeholder ut least
ten days before the meeting.
The Board of Directors shall have full
power to provide for general or special
I,<N)
Directors. Any member of the Board of
Directors who may be absent from the DOM
icile of the company, or who may be pre-
vented by sickness from attending may give
written proxy to any other member of the
said Board of Directors, to represent
him on all matters at any meeting of
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
qualified, shall be Alcde Veeder, Albert
Verret, Anatole WolfOrd, j. Leonard Ro-
bichauX, with Arthur WOlford, us President;
Anatole Wolford, Vice .President; Alcide
Veeder Secretary and Treasurer. (The
Secretary and Treasurer need not be Il
shareholder or directory
The officers of this company shall be IA
President, Vice-President, and a Score.
tary and Treasurer.
The Board of Directors shall at the first
meeting after their own election elect all the
officers of this company.
Ah1lCl4E VI.
This Charter may he amended, by u vote c
the majority of the shareholders held at
general meeting convened Tor that purpose
after ten days notice published in one OF
the newspapers of st. Mary Parish, and after |
copy OF said notice of said meeting shall |
have been mailed to each stOckholder, ut
his address AS left with the Secretary of this |
company ut least eight days before such |
meeting; and the corporation may be dis
solved with the assent of three fourths of |
the stock represented lat such meeting The |
capital stock of this company may Be in. |
creased or diminished by complying with |
the geneaal laws OF the state OF Louisiana |
upon such matters. |
ARTICLE VII.
Whenever this company shall be dissolved |
either by the expiration OF its charter or
sooner by a vote of the shareholders, two |
liquidatOrs shall be elected by the share
holders at d general meeting OF the share.
holders held after ten days notice as above
provided. These liquidatOrs shall have full |
power to liquidate all the affairs of the com
pany, and shall continue in office until !
the full liquidation of the corporation
and In case of the death of either
OF them. the shareholders may elect sue
cessOr, or if they do not elect successor,
the powers of both liquidatOrS shall be vest
ed in the surviving liquidatOrs.
ARTICLE VIII.
No stakeholder of this corporation shall
ever be held liable or responsible for the
f,,l of I