The Caucasian. (Shreveport, La.) 1900-192?, 1905-01-12
CHARTER

CHARTER
OF THE sIGNOR BURTON TIL
COMPANY, LIMITED.
State of Louisiana, Parish of Caddo
Be it remembered that on this, the IS
day OF December, 1904, personally cam
and appeared before me, J. A. Thigpen
notary public in and for said parish
and State, the parties whose names arr
hereumo subscribed, all of full age, wht
declared that, availing themselves of th'
provisions of Act No. 36 of 1888, of th'
General Assembly of Louisiana, the,
have covenanted and agreed, and do b,
these presents covenant and agree ant
bind themselves, as we'll as such othe1
persons as may hereafter become asso
ciated with them, to form and constitute
i corporation and body polite in law
for the purposes and objec4s, and unde,
The stipulations, articles and condition:
following, to-wit:
ARTICLE I.
The name and title of said corporation
shall be the Signor Burton Tie Company
Limited, and its domicile is hereby es.
tablished in Shreveport, State of Louis.
lana; and under its corporate name
said corporation shall have the power te
contract, sue and be sued; to make and
use a corporate seal, and the same te
break and alter at pleasure; to hold, re-
.eive, have, purchase, improve, ALLEVIATE
convey, sell borrow, pledge, mortgage
ind fypothecate under its said corporate
tame property, real, personal and mixed
o name nd appoint such officers, di-
rectors, managers and agents or en-
,loyes, as the interest or convenience OF
s he corporation may require; to make
md establish bylaws, rules and rcgula-
tions for the proper management and
regulation Of its affairs, as may be
leened necessary and proper, and the
,ane to alter and change at pleasure; ;
md to do all other aets and things per-
nitted by law, or as shall be necessary
md proper to carry out the objects and
purposes Of this corporation.
Said corporation, unless sooner dis
solved in accordance with its charter,
shall exist and continue for period Of
ninety nine years from and after the
late hereof. ~
The president, or in his abse nee. the
ice president, shall be the proper per-
son upon whom citation or other legal
process shall be served.
ARTICLE II.
= The objects and purposes for which
his corporation is organized, and the
lature of the business to be carried or
~ it, are declared to he the following
o-wit: To manufacture, buy and sell
:-ailroad timbers and ties, and generally.
il such material as is used in the CON
struetion of railroad work, and for this
purpose to acquire lands and property
construct: purchase, or otherwise ac-
lllire such buildings, factories or ma
:hinery or implements as may be neces-
'ary and proper for the carrying out Of
such objects.
ARTICLE Ill.
The capital stock Of this corporation
shall be one hundred thousand dollars
divided into and represented by one
thousand shares of one hundred dollars
.ach, which stock shall be paid for at
The time of lis subscription in cash or
n property or for other valuable CON
siderations or services, as the Board Of
Directors may determine.
Any stockholder may sell, assign or
transfer his stock in this corporation
provided ten days prior notice of such
intention be given the Company, and the
stockholders thereof shall have the first
privilege Of purchasing the same, after
which thirty days notice the stock may
be sold in the open market Ali trans
fers Of stock must be made on the books
of the Company at its office in Shreve
port, La.
This corporation shall commence bus
mess as soon as fifty thousand dollars
If its stock shall be subscribed for and
paid for in cash or its equivalent.
ARTICLE ~.
81 The corporate powers Of this corpora