The Colfax chronicle., 1903-05-16
just received by A. M. LeSage. a
nice assortment OF lawns, piques, en-
broidery, laces, underwear, etc.
CHARTER
of the
TEM.LdCROlx LUMBER CO.,
Limited.
STATE OF LOUISIANA,

LIIIIIb6us
STATE OF LOUISIANA.
PARISH OF GRANT. I
11th day Of April, A, D. 1903, before me, W. B.
Clarke. Notary Public, duly sworn. qualified
and omnissioned according to law, in and for
sns sPd psn
and William LaCroix, all residents Of the parish
OF Grant, State of Louisiana, and above the age
Of majority. yho declared n and acknowledged
laws of the State OF Louisiana, governing CORP
orations in general, but more especially with the
provisions Of Act Number S6 OF the Acts OF the
General Assembly Of the State of Louisiana of
1888, do By these presents organize and form
themselves into q corporation and body polite,
for the purposes and objects and under the stip.
which they hereby adopt as their Charter. to-wit:
ARTICLE /.
The name and title Of this corporation shall
be known and styled as TEAL-LACROIx LUM.
Der COMPANY, LIMITED, and by this name
enjoy succession for a full period of twenty
years from date Of this act. to and to be sued
to make and use n 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
law siisnsfs sell hyPothscsts % s... mortssse of
property, rights, grants, and franchises, to Dor.
row and to loan money. and to give and to Ie-
ceive security by mortgage, pledge, or any other
on general mercantile business. to elect and
appoint directors, and such other officers agents
or employees ~ the interest and business Of 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 be specially
herein stated and enumerated.
ARTICLE III.
TLo - ..:d cc-v~o-o<:cv, hall ho M
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 ths President and the Vice President, on the
Secretary of said corporation, at thei' place of
domicil. or at the Office Of said corporation.
ARTICLE III.
Tho 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
to buy and to sell same, to construct and use, to
build and operate, with any lawful motivep p wer.
mills, tramways canals and other means or in-
TOT ahar ssws or
der such conditions and to such extent as may
be lawful. To purchase, lease, sub-leese ac-
necessary or needful. useful or convenient to
saickcompany, in carrying on its business. and
to lease mortgaee or sell and convey the same,
to c'ynduct and engage in and carry on general
merantile business.
ARTICLE w.
TIL Capital Stock of this corporation is here.
by a xed at the sum of Fifteen Thousand Dollars.
diviie into $50 shares, at the par value of One
Hundred Dollars each, which shall, before being
issued, be paid for in cash. or in property goods.
merchandise. or labor done, or services perform
erative and go into effect when the full amount
of the capital stock has been subscribed and paid
for. No certificate of stock shsll be issued until
the same has been paid for. The stock shall De
evidenced By q certificate issued and signed by
the Secretary and President Of said corporation.
Transfers cf stock shall be made only on the
regulations and formsiisies a. the Board Of Di-
rectOrs may prescribe.
ARTICLE "
All corporate powers Of said corporation shall
De Is IN rnd % ey cs TS
first board of directors shall be composed of
Charles h. Teal John L. LaCroix and William
LsCro3 81. Ghsrles pd. Hi Teal, H. Pcssdenf J0nn L.
and William LaCroix. Secretary and Treasurer,
who shall hold Office until the first Monday Of
and until iar .n shs have
after general meeting Of the stockholders shall
be held for the purpose Of electing board of di-
rector. to scrve during the ensuing yesr, and nm;
qualified. Notice Of this meeting shall be given
IN writing .rd the same deposited in the United
States mail addressed 70 each stockholder fully
ten daye previous to holding said meeting, or by
publication id newspaper in. the parish of
Grant for at least two. weeks prior to said elec.
ton. ALI corporate elections shall be b. ballot
and the v0te 1T the majority OF the stock pres
ent shall b. necessary TO elect, and each stock
holder shall be entitled to cas-. either IL person
or BY proxy one vote fO! each share Of stock held
ed BY it: The board shall at its first meeting af-
ter its election elect ffUm its members n Presi-
dent. Vice President and General Manager.
O. a -<~{xs o.sHU
President and General Manager il hereby COM
bined as one Office and that OF Secretary and
Treasurer a. one. The board shall appoint such
have power 70 make al necessary by-laws, rules
and regulations for the government of its affairs
and business Of the compan and to change the
same at its pleasure as it may determine.
ARTICLE vi.
meeting of the stockholders may be called
at any TING By the board of directors. and shall
be called ~ the president or secretary at any
owning at least one tenth Of the capital stock of
said company. Said meeting to be called as is
hereinabOve set forth with respect to annual
manner, and nd at ali meetings Of the stocihoIders M
q majority in the amount of the capital stock of
this company shall constitute quorum for the
transaction Of business.
ARTICLE VII.
This charter may be altered or amended or
this company dissolved with the consent of two
thirds Of the outstanding stock represented in
person or by proxy at q meeting OF the stock
holders convened for that purpose after thirty
days notice shall have been given of such meet
ing and Of its object by advertising in g news.
paper published in the parish of Grant, State Of
Louisiana. The capital stock Of said corporation
shall be increased or diminished in the manner
and in the form provided by the general laws of
the State of Louisiana on these subjects.
ARTICLE VIII.
When this corporation shall be dissolved eth.
by limitation or for any cause, its affairs shall
be liquidated and its liabilities paid, and the
balance Of its funds, if any, shall be divided pro
rata amorg its stockholders, under the superin-
tendence and charge of three commissioners to
be appointed for this purpose at any meeting Of
the stockholders, at which il may be voted to
dissolve this corporation. or at general meet
ing of the stockholders to be convened after if
been given in q newspaper published in tho par