The St. Mary banner. (Franklin, Parish of St. Mary, La.) 1889-1931, 1905-05-06
proper government OF the affairs of TIL.
corporation as may be necessary or proper.
ARTICLE TT

| corporation as may be necessary or proper
! ARTICLE II.
! The domicile Of this corporation is hereby
| declared to be in the Parish of St Mary
| state OF Louisiana, and all citations or other
legal processes shall be served upop the
| President of this corporation. or in the event
| in the absence of botn of these upon the
secretary. and in the absence Of ali them.
upon the Treasurer, and in the absence Of ali
OF the officers, upon such person as the
boar! of directors may designate as .he pe-
son to accept service of process
ARTICLE III
The objects and purposes for which this cor.
poration is established and he nature of the b1s
ness TO be carried on by it are hereby declared to
be- To purchase and take the Saw MIL Fac
tories, Tim her and Timber Lands, Established
business and all holdings except book accounts
and bills and notes receivable of the Trellue q,
press Lumber Company, Limited OF the Cypress
Tank and Manufacturing Company. Limited. the
entire Resources of the, h Lee Riggs
and Timber Lands of James +. Mugxah
and OF Charles D. Craighead; and to 6ny
bnlld, repair, maintain and operate saw mills
planning mills, and factories for the mani, fact,Ire
Of lun Der, sash, doors, blinds tanks moulding,
furniture and other kindred products, finished or
IN the different stages OF manufacture from raw
material to make the same from cypress pine;
oak, aud other timbers; to purchase and own tim.
Der lands, timber and timber rights of every
character, and to work the said timber into eyery
character OF products and by products; to and
-.
r:ili roads and every character of apparatus for |
the purpose OF conveying and transporting raw |
materials to and finished products from the mills
10 sell ana market the products of manufacture
or the timber or lumber in all its stages and when
deemed necessary to establish agencies. agents
lepots and retail yards for the sale OF same: to
operate ana conduct stores aud eOIpmissaries; to |
lake contracts for the construction and erect ion of
buildings and work of construction III which he
materials OF this corporation may be used; to own
md operate general store for the sale of such
for " pII On
!ucted store
ARTICLE ".
The Capital Stock of this Corporation is hereby
liked at One Hundred Thousand Dollars 5000.
o;oo), divided INTO One Thousand ! COO shares
the value OF One Hundred Dollars 1890 00 each:
II ofwhich stock has been subscribed and paid fo
cash OF its equivalent and this corporation shall
therefore, commence business go into effect, be
ONE operative and be algOlng concern immediately !
he transfer of stock of this corporation shall |.
OF be binding upon the corporation unless the /
anne appears upon the books of the corporation 5
ARTICLE V. t.
The corporate powers of this corporation are I
ested in and shall be exercised by board of e
rectors, to be composed of not less than Five 5
] nor more than Eleven HI stockholders, who a
iaI SG elected Annually ha +h at meeting ct the
Louisiana, on the Second End Tues @
~ in june OF each year; and at least ten days al
tice shall be sent through the mails to each O
by the secretary, stating the exact
ace and hour Of the meeting. AT said meetings.
d before the election OF the directors the mum. ii
+ OF directors to be elected shall first be de. 70
rmined and fixed by the stockholders; the votes or
all be by ballot. which may be cast either in per 81
or by written proxy, and each shareholder shall
entitled to as many votes as he has shares of q
'ck standing in his name upon the books Of tv
corpOration and the number of directors first su
sermined on at each election who shall receive u,
majority OF the votes cast shall be declared I.t
cted. AT the same place, and Immediately at. sh
the election of the directors, the said dire. sh
8 shall elect from among their number a prey, hu
ut, a vice president, secretary and a treas. su
n and general manager, and such other of. XII
rs a. may be hereafter provided in the by.
y or by resolution of the board; the office Of I
ss,irer or the office Of general manager or Pa
n OF these offices, may be held by the same di da
tor who is also secretary. failure to hold sell
election ON the date specified shall not operate Ali
issolution OF this corporation, but the digeo- tn
aud ofhcers shall hold over until their sue. -ai
'ors shall be elected and qualified.