The St. Mary banner., 1903-09-05
CHARTER
OF THE
CHAREN TON LUMBER
COMPANY, LIMITED.
UNITED STATES OF AMERICA,
STATE OF LOUISIANA
PARISH OF ST. MARY. }

AZ
PARISH OF ST. MARY.)
BE it known that on this 3lst day OF
August, in the year OF Our Lord, one ThOus
and, Nine Hundred and Three, (l903); and OF
the Independence of the United States OF
America, the one Hundred and Twenty
seventh.
Eefore me. Francois =. Perret, a Notary
| Public, duly commissioned and qualified i'll
| and for the Parish of st. 1ary, State of Louis
lana, and in the presence of the witnesses
hereinafter named and undersigned, per
| sonalIy came and appeared the several
persons whose names are hereuntO subscrib-
ed, and who severally declared, that, avail
ing themselves of the provisions of Act No.
36, of the Legislature OF the state of Louisi
| ana, for the Year 1888 and of the provisions
Of all other laws of the State OF Louisl-
ana. relative to the organization of corpora
| for themselves, their associates, success
| ors, and assigns form themselves into a
| corporation under the laws of the State OF
| Louisiana, and Under the following terms
| and conditions, to-Wit:
ARTICLE l.
| The name and title OF this corporation
| shall be THE CHARENTOS LUMBER
| COMPANY, LIMITED" and by this name
| this corporation shall have power to exist
and enjoy succession for the term of Ninety
nine (s9) years from date OF this act
| ARTICLEII.
| The donlcilc of this corporation shall be IN
the town of Charenton, 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-President of said cor
poration.
| sued; to make Il corporate seal and the same
| to break or alter at pleasure; and to
| hold, receive, rent, purchase, sell, and
| convey, AS well as mortgage and hyput hccate
| 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, as the inter
| est and convenience OF said corporation
| may require; to make and establish such
| bylaws, and regulations for said corpo-
| ration as it may deem necessary and
| proper, anu 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-
10 carry on a 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 boats, bargcs,
pUll-boats, skdders, etc, to be 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 conducting said business; and
to buy and sell lands, lumber, logs, ana
timber of all kinds, telephone and telegraph
lines; and also to own and operate such
general retail merchandise stores as they
may Oeelii necessary Or convenient.
ARTICLE ~.
The Capital Stock of this corporation shall
be TWENTY THOUSAND (S20,0O0.0G)
DOLLARS, to be divided into 200 shares of the
par value OF OAD HUNDRED ($l0u.eO) 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
such stock may be issued for cash paid to
the company. or for property conveyed to,
or labor done tor it. The corporation
may commence business as soon as Ten
Thousand (slO,00O00) Dollars of its capital
stock shall have been subscribed for.
Transfers OF stock vii. not be recognized
unless such stock is transferred on the
books of the company by the owner or his
duly authorized agent. No stockhGlder can
sell any portion OF their stock without first
Offering 1t to the company at its market
value.
ARTICLE V.
All the powers of this corporation will
be vested in and exercised by Il Board sof
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 il !
person or by proxy to cast one vote on each |
share of stock held by him. Three (3) menl- |
bers of the Board of Directors shall consti- !
tute quorum. Said Board shall have |
power to ill AL vacancies occurring IL the |
HOard, 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 /
notice, published in a newspaper in st. Mary |
Parish, and by notice mailed to the last |
known address of each stockholder at least [
ten days before the meeting.
The Board of Directors shall have fulI |
power to provide for general or special |
meetings OF shareholders or 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 |
Il 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
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
bichaux, with Arthur WOlford, President;
Anatole Wolford, Vice President; Alcidc
veeder Secretary and Treasurer. (The
shareholder or directory
The officers of this company shall be a
President, vice-President, and oecre
The Board of Directors shall at the first
meeting after their own election elect all the
o1ncers OF this company.
ARTICLE VI.
This Charter may be amended, bv a voice
the majority of the shareholders held at n |
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 stock holder. at
his address us left with the Secretary of this
company at least eight days before such
meeting; and the corporation may be dis
solved with the assent of three -tourths of
the stock represented lat such meeting The
capital stock of this company rnay be in.
creased or diminished by complying with
the geneaal laws of the State OF Louisiana
upon such matters.
ARTICLE VII.
Whenever til is company shall be dissolved
either by the expiration OF it's charter or
sooner by vote of the shareholders, two
liquidatOrs shall be elected by the share
holders at a general meeting of the share
holders held after ten days notice us above
provided These liquidators shall have full
power to liqudate all the affairs of the com
pany,. and shall continue in office until
the fuIl liOuiIufinn of ha |