The Colfax chronicle., 1904-05-28
CfihRTER OF BIG PINE LUMBER CO..
LIMITED.
STATE OF LOUISIANA,
nxc-

\
LIMITED.
STATE OF LOUISIANA,
PARISH OF GRANT.
| Be il remembered, That, on this 10th day OF
May, A. d. 1904. before me. John A. Williams. q
Notary Public in the parish # Grant, State of
Louisiana, personally came and appeared the
| persons whose names nre hereunto subscribed,
all of full age, who declared that availing them
the organization of private corporations and es-
pecally the provisions Of Act No. 81, OF the Gen;
eral Assembly of Louisiana of 1885, approved
June 18th. A. ID. 1855 they have covenanted and
agreed to form and organize themselves and
| such other persons as may be hereafter associ-
ated with them into limited private corpora
name and title, and under the stipulations.
agreements and conditions for the uses, objects,
and purposes hereinafter set forth in this act of
'"0o' 'poa'''' ARTICLE
The name and title Of this corporation shall
be the big PINE LUMBER CO., LIMITED" !"
istence and enjoy succession for period of
nnety-nine (ss) yeaIrrs;.c.vu years;
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
the President and 10 case Of his absence, on the
Secretary, or any other resident officer Of the
o0mp"us. ARTICLE III.
The objects and purposes for which this cor
poration is formed and organized, and the ma
ture and character of the business to be carried
on BY it, are hereby declared to be as follows:
The manufacture and sale Of lumber of all
kinds. shingles, laths. staves, 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
operale general merchandise and supply store,
and it shall have the power to purchase and own
land. to purchase and own timber, and to erect
| and own all buildings and machinery for the
l - Ill n
| saw, planning and shingle mill business, to oper-
ate general merchandise and supply store, and
It shall have power and authority to construct.
log roads or railroads. operated BY horse, stesm
or electric power, operate and own electric light
plants for itself or for hire, operate md own
other State or anything that Is necessary to car.
ry into effect the purpose Tor which this corpor-
a''"" was io'e1 1pTTcrr Iv
Said corporation shall have power and author
ity to make and use common seal, with such
inscription and device ss it shall deem proper,
and sys Il snd
thOrity in law to sue aud be sued, to plead and
be impleaded. to purchase and own. hold sell.
d
erty. to appoint directors, servants. clerks.
agents and employees, and to fix their salaries
endorse promissory notes, accounts, drafts. con-
tracts. and to execute and sign all necessary OBJ
legations in writing in connection with said
and incidental to the acquisition or leasing Of
all necessary real estate and personal property.
and the construction, erection and equipment
OF al necessary ns buildings, Offices establish
and operation Of said business, and to carry ont
the uses. objects and purposes Of this corpora
Charter, and to make ali rulcs. regulations. By
laws and ordinances. and to do everything neces-
sary and proper for the maintenance and good
tons of Its affairs, and in furtherance Of its uses
the provisions OF this Charter.
The authorised capital of this corporation
shall be One Hundred and Fifty Thousand
15O.0o00O) Dollars. divided into Six Thousand
each. par value. Said stock shall BE- paid % for in
cash. or its equivalent, at the time Of subsc. ip-
tion. or that same may be issued at not less than
Pc, ys,Se IN Or for
corporation, or the same may be issued full paid
for money advanced or for other valuable con-
siderations. or services as the board of directors
OF said corporation may determine. provided
that no stock shall be issued 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
II: os .cs doing bgs
Thousand ($l25, ,00000) Dollars of the capital
stock shall haye been subscribed and paid for.
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
'nereior' ARTICLE W.
All the corporate powers Of this corporation
shall be vested in and the affairs of SAID corpor-
troll of board Of nine (9) directors, five (5) of
whom shall constitute Quorum for the transac-
tion OF business. and their act shall be valid cor
porate act. Said directors shall be elected an
nuaIly at q general meeting Of the stockholders
to be held for that purpose at the Office of said
corporation, on the second Tuesday in February,
beginning with the second Tuesday in February,
1875, and the majority of the stockholders pres
ent or represented BY written proxy, shall elect
the directors aud at all the elections proceed
ngs OF ID each share Sf sGck
to one VOTE Directors shall be elected by viva
v0ce vote.
day named shall not dissolve the corporation,
but the incumbent directors and officers shall
hold over until their successors are duly elected
&c INC in the hoard Of d
by viva voce vote. The first board of directors
shall consist Of: Geo. W. Fouke, Hugh Cory,
I. Il. Mckee E; h; Lingo. George R; Hogg, ".
Foreman.
No person shall be eligible as an officer or di-
rector OF said corporation unless he is a stock
holder OF the corporation. and any director TT
officer who ceases to be stockholder by the sale
and transfer of stock shall be deemed ipso facto
70 nave vacated his ONCE.
The officers of said corporation shall consist
OF: president first and second vice president,
treasurer, and secretary. And the first officers
90 chosen are. Geo. ". Fouke. president; 4. Il.
Lingo. hrst vice president; Charles Fl. Teal. sec
opd vice president; Frank j. Fouke, treasurer;
Hugh Cory. secretary. And these officers and
directors shall serve until the first election of
directors and officers on the second Tuesday in
February, 1885.
ARTICLE VII.
This charter may be changed, modified or
amended, its capital stock increased or decreased
or this corporation may be dissolved with the as
OF the corporation at general meeting OF the
stockholders held for that purpose after thirty
t30l days written notice to each stockholder all
ed to him at his postofice address at least thirty
| 1907 days before such meeting, and the publica-
tion OF such notice for same period of time lust
prior to such meeting In one of the newspapers
published In the town Of Cofax, parish OF Grant,
II there be one. not In newspaper published
ARTICLE VIII
Whenever this corporation shall be dissolved
either by limitation or by any other cause it's af-
fairs shall be iquidated under the supervision Of
three (3) commissioners to be selected by the
stockholders from among themselves, at a general
meeting convened for that purpose after thirty
days prior written notice given and publication
in the newspaper, in accordance with the forego.
Office until the afairs Of said corporation shall
have been fully liquidated and settled In case Of
a death. resignation or failure to act of one or
| more Of said commissioners the survivor or sur
| vivors shall continue to act.
ARTICLE TX.
No stockhoider of this corporation shall ever
be held liable responsible for the contracts or
fo <.f