The St. Mary banner. (Franklin, Parish of St. Mary, La.) 1889-1931, 1905-04-22
CHARTER
OF THE
RIGGS CYPRESS COMPANY, LIMITED.
UNITED STATES OF AMERICA,
STATE OF LOUISIANA.
PARISH OF ST MARY.

the month of April, in the year of our Lord
Nineteen Hundred and Five, u905l, before me
Charles Austin O'Niell, Notary Public. duly
commissioned and qualified within and for
the Parish of St. Mary, state of LOuiSiann and
in the presence Of the witnesses hereinafter
named and undersigned, personally came and
Charles d. Craighead, James 4 Peterman.
William Davis, X. Lee Riggs, William Kyle,
Clyde y. Barbour, Wilson T. Peterman and
Henry s. Palfrey. all residents Of the Parish
of st. Mary, Louisiana, who declared that,
awaiting themselves OF the provisions Of
the laws of this State respecting the organ
ization Of corporations Of limited liability,
they mad mutually agreed and contracted
and do by these presents covenant and
contract and bind and Obligate themselves
and their heirs and assigns and all persons
who may hereafter become associated
with them herein, to form a corporation and
do hereby form and organize u corporation
of limited liability, for the objects and pur-
poses and under the terms, stipuatiOns and
Giles, viz:
ARTICLE l.
The name of this corporation is hereby de-
clared TO be ''RIGGS CYPRESS COMPANY,
LIMITED" and under this corporate name it
shall have the right to exist for the full term
OF Ninety Nine t99) years from the date here
Of; to contract, sue and be sued, to adopt
and use a corporate seal, and the same to
break or alter at its pleasure; to purchase,
lease hold. sell, receive. convey, mort
gage, hypothecate, pledge. and acquire an
hypothecary interest in property, real. per.
sOnal and mixed, corpOreai or incorpOreal; to
elect, name and appoint such directors, Off
GERS, managers. clerks, and employees AS it's
business interests or convenience may re-
Qure and to adopt and amend At its pleasure
such rules, rcgu latOns and byl laws for the
proper government OF the affairs Of this
corporation as may be necessary or proper.
ARTICLE II.
The dOinicile 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 upon the
Pr. sident of this corporation. or in the event
of his absence, upon the Vice. President,
i'll the absence OF both OF these upon the
Secretary. and in the absence Of all them,
upon the Treasurer, and in the absence Of ali
OF the officers, upon such person as the
board of directors may designate as the per
son to accept service of process.
ARTICLE III. ...
The objects and purposes for which this cor
pOration is established and the nature of the bust.
ness to be carried on by it are hereby declared to
be: To purchase aud take over tho Saw Mill Fac
tories. Tim Der and Timber Lands. Established
Business and all holdings, except book accounts
and bills and notes receivable OF the Trellue Cy.
press Lumber Company, Limited, Of the Cypress
Tank and Manufacturing Company, Limited the
entire Resources Of the K Lee Riggs
Company Limited as well as the Timber
sn Of Charles sa b. crai:hsad and to bsy
build, repair, maintain and operate saw mills |
planning mills, and factories for the manufacture
Of lumber, 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
pax, and other timbers; to purchase and own tim
Der lands, timber and timber rights of everv
character. and to work the said timber into every
character Of products and by products to own and
operate steam boats. pull boats, skidders, Canals
all roads and every character IF apparatus for |
The purpose of conveying and transporting raw |
materials to and finished products from the mills;
o sell and market the products Of manufacture,
the timber or lumber in all its stages; and when
lepots and retail yards for the sale of same: to
operate and conduct stores and comnissaries; to
axe contracts for the construction and erection Of
buildings and work of construction in which the
materials of this corporation may be nsed; to own
nd operate q general store for the sale Of such
rticles of merchandise are usual for well con.
ncted store.
ARTICLE ~.
The Capital Stock of this Corporation is hereby
xed at One Hundred Thousand Dollars fslOO
%. co., divided into One Thousand Il 600 shares
the value Of One Hundred Dollars ($l00. DOL each;
II Ofwhich stock has been subscribed and paid for
cash or its equivalent; and this corporation shall
lerefore commence business, 60 into effect. be-
lme operative and be aigoiDg concern immediately.
he transfer Of stock Of this corporation shall
OF be binding upon the corporation unless the
ame appears upon the books of the corporation
ARTICLE v.
Inc corporate powers OF THIS corporation are |
ested in and shall BIZ exercised by board of
rectors, to be composed of not less than Five
j nor more than Eleven III stockholders, who
'all be elected annually at meeting Of tho
Ockholders, to be held at the COmpanys Office in
attersOn. Louisiana the Second [2nd] Tues
ny in june Of each year; and at least ten days
otce shall be sent through the mails TO each
ockholder by the secretary. stating the exact
ace and hour OF the meeting. At said meetings |
nj before the election of the directors, the NUN. |
,r of directors to be elected shall first he de.
rnined and fixed by the stockholders; the votes
lall be BY ballot. which may be either in yer
N or by written proxy, and each shareholder shall
, entitled to M many votes he has shares of
Ock standing in his name upon the books Of
10 corporation and the number Of directors first
on at each election who shall receive
majority Of the votes cast shall he declared
ected. At the same place, and immediately af-
r the election of the directors, the said dircc-
~ shall elect from among their number a pres |
ent, q vice-president, secretary and d treas. :
er and a general manager, and such other Of |
'ers as may be- hereafter provided in the by.
WIS or by resolution of the board the office Of
til Of these offices, may be held by the same d.
ctor who is also secretary. A failure to hold
election ON the date specified shall not operate
dissolution Of this corporation but tho direc-
RS and officers shall hold over until their suc.
ssors shall be elected and qualified
The duties Of the aforesaid oficers shall be such
are usually conferred upon such officers Of cor.
rations; but the said board of directors shall
We power to formulate and adopt such by.laws | G
les and regulations defining their duties a. may
deemed proper Any and al vacancies however I
~ may occur in tho board Of directors or in any
Q remaining directors. A majority Of the MEM
~ constituting the board Of directors shall con-
tute quorum for the transaction Of any and
businces except such - may be hereinafter