The southern sentinel. (Winnfield, La.) 1883-1910, 1903-03-27
spaTE OF LOUISIANA,

SKATE OF LOUISIANA,
PARISH OF WINK.
Personally and by proxy came and appeared
She rarties whose names are hereunio sup
scr;tad. all Of iaI age. Who declared that,
agsiliag themselves OF the provisions OF me
flaws of this State, relative to corporations ana
,snecially of Act No. Ia OF 1902 Of the General
Assembly of Louisiana as well as all other laws
81 TIC state CT Louisiana relative TO corpora
.inns OF this character, they have covencnted
ara greed, and by these presents covenaat
ana agree. aud bind themselves, IS well Is
such other persons "a may hereafter become
associated with them, to form and constitute a
corporation and body polite in law, for me
purposes aad objects. asd under the stiPnia-
tons, articles ard conditions following to-Eit:
ARTICLE L.
III .;rne and title of the said corporation
can be .sy4INNF1rl.D pLANIN' MILL CO.,
l.rv0..v and rs desaiciie IS hereby established
in WinnEeld. wissn Parish, Louisiana; and
under rs said corporate narle. said corporation
shall have power and authority to contract,
ss,,e ant. -. sued: 10 make and use a corporate
seal a1.t ne same TO break and alter at pleas
are; to K Ia, receive. have, purchase, improve.
ai;es:a.e convey. sell, borrow. pledge, inOrtgarc
aa,i hyro, hecatc, underits said corporate mans,
property real, personal and mixed 20 name
and appoiat such officers, directors, agents and
managers. CT employees, as the interest or
convenience of the said corporation may re-
cuire; to make and establish bylaws. rules and
regulations for the proper management and
regulation of its Affairs as may be deemed
necessary and proper, and the same to change
END alter at pleasure; and to do alo5her acts
and things permitted by law, or assault or may
oe necessary and proper TO carry outthe objects
and purposes Of said corporation.
Said corporation, unless sooner dissolved. in
accordance with its charter, shall exist and
continue for the period of ninety-nine years
from and after the date hereof.
Suits for said corporation shall be brought
in the name cS The corporation by its president,
Or in his absence or inability to act, in the
aame OF the Gene1Sl Manager, and all process
and citation shall be served on the President
or General Manager either in person or at the
dcrlicile and Office of the company, and in case
of the absence, death or Inability of any of
these officers to act from any cause, citation
and all other process msy be served ON the
Secretary. The offers of this corporation
shall DC President, Vice President, General
.,,anager, Secretary and Treasurer but the
and the same person. The General Manager
and Treasurer if the Board of Directors shall
SO require, shall give bo-d. the amount of
which, the said Board shall determine. Each
officer shall be stakeholder in the said
Company and shall be elected annually by the
Board Of Director, and serve until their suc-
eessors are elected; however, such officers shall
be subject to removal at the direction of said
Board Tor good cause shown al any time before
such removal.
ARTICLE III.
Tie objects and purposes for which this
corporation is organized, and the nature OF the
business TO be carried on by ii are declared to
be the following, to-wit: To own and operate
q Planning Mill Plant, to increase or decrease
is capacity, from time to time as the company
inay see fit, for the purpose of buying c. &C.
curing, by donation. devise, gift or otherwise.
rough and finished lumber of all kinds; to
slain, dress and manufacture the same into
various products, to place the same upon the
market. local or foreign; in fact, TO do any,
thiag necessary, or incident to business OF this
kind; IN addition thereto, 10 buy and sell
shingles. sash, doors, blinds, mouldings, lime
brick and all kinds of building materials; to
snstail and operate an Electric Light Plant
Water Works, ETC., for the purpose of this
business. and il the company see fit to supply
the town Of WINFIELD, or any Of its inhabitants
any other vicinity with light or water, shall
have the privilege 10 do so under this charter
or do any other thing necessary for the execu-
ton and carrying out Of the above objects or
any her things incident thereto.
ARTIC5.E III
shall be Ore Hundred Thousand Dollars gSlc0,-
100000, divided into and represented by
Twenty Thousand Shares of Five Dollars $500,
each. which said stock shall be paid for in
cash at the time of subscription, or the same
may be issued. al not less than par, in paynen;
or exchange for property or rights actually
received or purchased by said corporation or
the same may be issued. full paid, for money
advanced, and for such other valuable consid-
erations or services as the Board of Directors
OF said corporation may determine: provided,
that nc stock shah be issued until the consid-
Grafton therefor has been received By the said
corporation.
Any stakeholder may SELL assign or trans
fer his stock in this corporation. provided ten
(lol days prior notice of such intention to
sell. assign or transfer the SAINT be given the
tpl-<aHss Slta tiS ptfieT SSOcS- hOidcrS thereof
shah have the FIRST privilege of purchasing
ssEac, after which ten days notice the said
stock mar be sold in open market.
Tie stock of'said corporation may be trans
fc-ed under the above conditions. provided
such transfer thereof be made on the books OF
said company, at its Office in WINFIELD,
Louisiana, and on the surrender of the certifi-
cate therefor. Ne transfer OF any fractional
part o. a share shall be made.
This corporation shall commence doing
business as soon as Ten Thousand Dollars
Sslo,6oe.col OF the capital stock has been !
subscribed for.
The Board Of Directors shall have the right |
TO determine how much stock shall be issued. |
ARTICLE ".
The corporate powers of this company shall |
he vested in and exercised by Board of
Seven Directors. each OF whom shall be a |
stakeholder of the company. Five OF said |
Board shall constitute quorum for the tram |
sacticn OF business, and their decisions shall
5e valid corporate acts.
The following persons shall constitute the
first Board OF Directors: W. r. Guess. ]. ID. |
Pace, L. Siess, 3. ". Bailey, R. L. Tannehill. |
w. j. Fry and J. W. Bovett Jr