The Colfax chronicle., 1904-05-21
GfiHRrER OF BIG PINE LUMBER CO..
LIMITED,
STATE OF LOUISIANA,
PARISH OF GRANT.

persons whose names are hereuntO subscribed,
selves of the provisions of this State relative to
the organization of private corporations and es-
pecialIy the provisions of Act No. So, of the Gen.
eral Assembly of Louisiana OF 1883, approved
June 18th. A. d. 1888, they have covenanted and
agreed to form and organize themselves and
such other persons rs may be hereafter associ-
ated with them into limited private CORPORA.
name and title, and under the stipulstions.
agreements and conditions for the uses, objects,
and purposes hereinafter set forth In this act OF
ARTICLE I.
The name and title of this corporation shall
be thu big PINE LUMBER CO., LIMITED"
and under such name and title il shall have ex-
Istence and enjoy succession for period OF
ninety-nine ls') yspTicIEu ysSrsii
The domicil of this corporation, shall be at
the town of Colfax. Grant parish, Louisiana. Ci-
ta,ions and all legal process shall be served ON
the President, and in case of his absence, on the
Secretary, or any other resident officer OF the
Company ARTICLE III.
The objects and purposes for which this cor
poration is formed and organised, and the ma
ture and character of the business to be carried
on BY it, are hereby declared to be az follows:
kinds. shingles, laths. slaves, and all other ma
terial usually manufactured by a saw and plan
ing mill. and it shall have the power to purchase
erect and own all buildings and machinery for
the purpose of carrying on the business of gen.
eral saw, planning and shingle mill business, to
hs to
land. to purchase and own timber, and to erect
and own all buildings and machinery for the
purpose OF carrying on the business OF general
ate general merchandise and supply store, and
it shall have power and authority to construct.
lease, build, and equip all necessary tramways
log roads or railroads, operated by horse, steam
or electric power, operate and own electric light
plants for itself or for hire, operate ind own
mills, lumber yards and Offices in this or any
other State, or anything that Is necessary tn CAR
~ into effect the purpose ior which this corpor-
alton was formed.
Said corporation shall have power and author
ity to make and use common seal;with such
inscription and device it shRl, deem proper,
and the same to change at will, and under the
thority in law to sue aud be sued, to plead aud
be implicated, to purchase and own. hold, sell.
lease hypt and mortgage real estate, and
to purchase, own, sell and pledge personal prop
erty, to appoint directors. servants, clerks,
agents and employees. and to fix their salaries
and compensation, to execute, sign, transfer and
T m notes III csss con-
legations in writing In connection with said
business and to do all things necessary relative
and incidental TO the acquisition or leasing of
all necessary real estate and personal property.
aud the construction, erection and equipment
OF all necessary buildings, Offices, establish
ments and improvements, and the maintenance
aud operation Of said business, and to carry ont
the uses. objects and purposes OF this corpora
tion within the purview and intendment OF this
Charter, and to make all rules, regulations. by
laws and ordinances, and to do everything neces,
sary and proper for the maintenance and good
government Of said corporation and the regula-
tons of Its affairs, and in furtherance OF its uses
objects and purposes not repugnant to law or
the provisions OF this Charter.
ARTICLE V.
The authorized capital of the corporation
| shall be One Hundred and Fifty Thousand
(sl50. .OoO.00) Dollars divided into Six Thousand
(6,UO0) shares of Twenty five ($l5.C0) Dollars
| each, pax value. Said stock shall be paid for in
cash, it's equivalent, at the time of subsc' lp-
ton. or that same may be issued at not less than
| par value In payment or exchange for property
or rights actually received or purchased by said
| for money advanced or for other valuable con.
sideratOns, or services as the board of directors
OF said corporation may determine. provided
that no stock shall be issped until the consider;
alton thereof shall have been received by said
| Certificates of stock shall be signed by the
President and Secretary under the seal of the
The corporation may commence doing bust.
ness as soon as One Hnndred and Twenty-Five
Thousand tsl2s,9O0Oo) Dollars of the capital
No transfer of stock shall be made except such
transfer be entered on the books of the corpora.
ton and on the surrender of the Certificate
'neseior' ARTICLE vi.
All the % corporate powers yer 81 this corporation
/
| atiou shall be under the management and con.
troll OF board Of nine pJ directors, five (5) oi
whom shal! constitute quorum for the transsc
tion OF business. and their act shall be valid cor
porate act. Said directors shall be elected an
nually at general meeting Of the stockholdert
to be held for that purpoae at the Office OF said
beginning with the second Tuesday in February
| 1906, and the majority of the stockholders pres
ent or represented by written proxy, shall cleo
| the directors and at all the elections proceed
ings of stockholders, each share of stock preseu
or represented by written proxy, shall be entitled
to one vote. Directors shall be elected by viv,
voce vote.
Failure to hold an election for directors OF
day named shall not dissolve the corporation
but the incumbent directors and officsrs shal
hold over until their successors are duly eleete!
and qualified. Any vacancy in the board OF di
rectors shall be filed by the remaining director
by viva voce vote. The FIRST board OF direction
shall consist Of: Geo. W. Fouke, Hugh CORY
p. Larry. Charles H. Teal. F. J. Fouke, Ben
Foreman.
No person shall be eligible as an officer or di
rector OF SAID corporation unless he Is q stock
holder Of the corporation and any director 9
officer who ceases to be stockholder by the sal
and transfer of stock shall be deemed ipsO fact
to have vacated his Office.
The officers of said corporation shall consie
OF: president. first and second vice president
treasurer, and secretary. And the first officer
Einso srst W vice pre- PRESIDENT; Charles 81. Teal. E sec
ond vice president; Frank ]. Fouke, treasurer
Hugh Cory. secretary. And these officers sn
directors shall serve until the first election Q
directors and officers on the second T1esdsy j
February, ly05.
ARTICLE VII
This charter may be changed. modified @
amended, It's capital stock increased or decreased
or this corporation may be dissolved with the a
sent OF three fourths OF all the holders of the
OF the corporation at a general meeting OF th
stockholders held for that purpose after thirt
1907 days written notice to each stoekhold mai
ed to him at his postoffice address at least thirt
1907 days before such meeting, and the public,
| tion of such notice for same period of time jus
| prior to such meeting In of the newspaper
published in the town of Colfax. parish of Gran
II there be one. not. in a newspaper publishe
| nearest thereto.
ARTICLE VIII.
| Whenever this corporation shall be dissolve
either by limitation or by any other cause, its q
fairs shall be liuuidated under the supervision
, three (3) commissioners to be selected by IL
, stockholders from among themselves, at gener,
meeting convened for that purpose, after thirt