The Caucasian. (Shreveport, La.) 1900-192?, 1905-06-27
CHARTER
OF THE UNI COTTONWOOD LUM
RER COMPANY. LIMITED.

Be 1t known that on this the 18th da,
OF june 1905. before me. P NJ. Welsh
a notary public in and for Cad,lo Par
ieh. Louisiana, duly commissioned ant
qualified came and appeared ]. II
Thatcher. Charles II. McCleland an,
NJ. A. McCutChcn. who declared that
awaiting themselves Of the general law
lnf the State Of Louisiana. and Of tn,
provisions Of Act No. 81 Of the Acts 0
the Legislature, approved June 20, 1898
relative to the formation of corporations
they have covenantc,l and agreed, an,
do by these presents contract and agre.
and bind themselves, as well as all per
sons that may hereafter be associate,
with them. to form and constitute ;
corporation and body polite in law, fo1
the objects and purposes and under tn,
stipula'.ons and conditions hereinafter
set forth.
ARTICLE I.
The ,,amc and style Of said corpora
ton 81 all be Uni Cottonwood Lumber
| Company. Limited, and under said cor
poratc name it shall have and enjoy sue
ccSslon for period Of twenty FIVE years
and shall have all the powers appcrtain
ing to and conferred by law upon cor
porations in this State.
ARTICLE H.
The domicile of this corporation shall
be Shreveport, Caddo Parish, Louisiana
and all citations and legal process shall
be served upon the president, or in his
absence upon the secretary treasurer
ARTICLE III.
The purposes and objects for which
this corporation is formed and the ma
ture Of the business to be carried on by
| it are declared to be a general sawmill
and lumber business, and to that end
construct and operate tram railroads, to
purchase and sell lands and timber and
lease the same, to run a cOmmlssary or
general store in connection with said
business and to run and operate one or
more steamboats, in connection with said
business, and incidentally Herewith to
carry freight for hire, and generally to
do all things necessary to carry on said
business or incidental thereto.
ARTICLE ".
The capital stock of this corporation
ic heref,v Gyed ~ 6,,a tbo,e,,d Lo11,-o
($5,ooo.oo) divided into and represented
by fifty (5o) shares of the par value Of
one hundred dollars ($1oo.oo) each, to
be issued for cash or its equivalent paid
to the corporation when subscribed for.
This corporation shall commence bus
mess and be'a going concern as soon as
all its said capital stock shall have been
actually subscribed and paid for. All
transfers of stock shall be made on the
books of the company and shall be
signed by the stakeholder or his attor-
ney, and on surrender of the certificate
therefor. No stakeholder shall be per-
mitted to dispose of this stock or any
part of it without first giving in writing
to the other stockholders ten days no.
tice of such intention to transfer and
allowing such other stockholders the
first opportunity to purchase said stock.
The office of this company shall be at
the office of Thatcher & Welsh, attor-
neys-at-law, in Shreveport, La The
subscription and. stock Sbooks of this
corporation shall be kept at the domicile
thereof where certificates of stock shall
be issued
ARTICLE V.
The corporate powers of this corpora
lion shall be vested in Board Of Direc-
tors composed of three stockholders,
two of said stockholders shall constitute
a quorum for the transaction of all bus
mess. The first Board of Directors
shall be J. H. Thatcher, Charles H. Nc
Clelland and M A.. McCutc'1en, with
Charles H. McClelland as President;
M. A. McCutchen as Vice President and
J. H. Thatcher as Secretary treasurer,
and they shall continue in office until the
second Tuesday in january, 1906, Or
until their successors are duly elected
and installed. Beginning with the year
1906 the said Board of Directors shall
be elected from among the stockholders
on the second Tuesday in jan
1ary, unless the same should be legal
holiday, in which event the election shall
De held on the first legal day thereafter. !
Said Board of Directors shall elect from
is number a President Vice President
md one to act as Secretary-treasurer.
In the election of officers, which cleo
ion shall be by ballot, each share oil
stock shall be entitled to one vote, to be
asst by the owner in person or by proxy;
hree- fourths of the votes cast shall |
,lect. Notice of the election of direc-
ors shall be given by ten days publ
alton Immediately preceding the meet
ng in one of the daily newspapers of the
ity of Shreveport In case of failure
rom any cause to elect on the day
famed for that purpose, this shall not