The Caucasian. (Shreveport, La.) 1900-192?, 1905-06-29
CHARTER
OF THE UNI COTTONWOOD LUM-
Der COMPANY, LIMITED.

BE 1t Known tflal on tnlS the l3ln Gay
ci June. 1905. before me, P M. Welsh,
notary public in and for Cadio Par
ish, Louisiana, duly commissioned and
qualified, came and appeared J. H.
Thatcher, Charles H. McClelland and
NJ A. McCutchen, who declared that,
availing themselves of the general laws
of the State of Louisiana, and Of the
provisions of Act No. SO of the Acts of
the Legislature, approved June 20, 1888,
relative to the formation of corporations,
they have covenantei and agreed, and
do by these presents contract and agree
and bind themselves, as well as all per-
sons that may hereafter be associated
with them, to form and constitute
corporation and body polite in law, for
the objects and purposes and under the
stipulations and conditions hereinafter
set forth.
ARTICLE I.
The ,,an1c and style of said corpora
ton 81 all be Uni Cottonwood Lumber
Company, Limited and under said cor
poratc lame it shall have and enjoy Sic
cc>sion for a period Of twenty five years,
and shall have all the powers appertain-
ing to and conferred by law upon cor
porations in this State
ARTICLE II.
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-tr 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 sawmil
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 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
is hereby fixed at five thousand dollars
($5,ooooo) divided into and represented
by fifty (5o) shares of the par value Of
one hundred dollars ($Ioo.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 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 stockholder or his attor-
ney, and on surrender of the certificate
therefor. No stakeholder shall be per-
mtted 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 books 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
ton shall be vested in Board of Direc-
tors composed of three stockholders,
two of said stockholders shall constitute
quorum for the transaction of all bus
mess. The first Board of Directors
shall be J. H. Thatcher, Charles H. Nc
Clelland and NJ A.. McCutchen, 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
annually on the second Tuesday in JAM
uary, unless the same should be legal
holiday, in which event the election shall
be held on the first legal day thereafter.
Said Board of Directors shall elect from
its number President, Vice President
and one to act as Secretary treasurer.
In the election of officers, which cleo
ton shall be by ballot, each share of
stock shall be entitled to one vote, to be
cast by the owner in person or by proxy;
three fourths of the votes cast shall
elect. Notice of the election of direc-
tors shall be given by ten days publ
cation Immediately preceding the meet
ing in one of the daily newspapers of the
city of Shreveport In case of failure
from any cause to elect on the day
named for that purpose, this shall not
dissolve the corporation, but the direc-
tors and officers shall hold over until