The southern sentinel. (Winnfield, La.) 1883-1910, 1906-09-07
CHARTER
Royal Lumber7C Company Limited


CHARTER
Royal Lumber7c Company Limited
- STATE OF LOUISIANA
PARISH OF WYNN.
Be it re4embered that ON thisthe sth day Of
August, A. D., 1905, personally or by proxy
appeared before me, Julins T. Long, Notary
Public in and for the parish of Winn, La, duly
commissioned and qualified, and in the pres,
ence OF the Witnesses hereinafter named and
unfiersigned decIared: That awaiting them.
selves Of the laws of this State relative to cor
porations, and especially OF Act No. IS of 1883
lana, they have covenahted and agreed, and by
these presents covenant and agree and bind
themselves as we'll az such other persons as
may hereafter be associated with them, to
form and constitute corporation, body poll
tic in law for We purposes and objects, and
constitute as their charter, to-wit:
The name and title OF said corporation shall
s al
parish of Winn, State of Louisiana; and under
its said corporate name, said corporation shall
be sued; to make and use corporate seal and
the same to break and alter at pleasure; to
hold, receive, have, purchase, improve, ALLEVIATE
pothecate, under its corporate name, properly
real, personal and mixed; to name and appoint
such officers, directors, agents and managers,
U
said corporation may require; to make and
establish bylaws, as may be deemed necessary
and proper and the same to reasonable change
and things permitted by law, as shall or may
be necessary and proper to carry out the OBJ
jects and purposes or said corporation. Said
jorfty of its share holders shall exist for a
period Of fifty years from the date hereof.
ARTICLE TWO.
Suits for said corporation shall be brought
- - ~~.xx tr1rn hx-r nc
ident or in his absence or inability to act, in
the name of the general manager, and all pro-
cess and citation shall be- served on said presi-
dent and general manager at the domiciie and
Office Of said company. and in case OF the alb
sence, death or inability to act from any cause
aof these two officers citation may be served on
shall be q President, vice-President, Secretary
and Treasurer, but the last two named offices
may be filed by one and the same person
Board of Directors shall so require, shall give
bond, the amount of which the said Board shall
determine. Each officer shall be stakeholder
in said company, and shall be elected annually
by the Board of Directors and serve until theil
successors are elected; however, such omcers
shall be subject to removal at the discretion Of
time before the regular expiration of their time
reasonable notice being given before such
removal.
ARrrcLR THREE.
The objects and purposes for which this cor
poration Is organized, and the nature Of ths
business to be carried ON by it, are declared to
be the following; to-wit: TO buy, purchase
wise. to own, have and hold, to sell, convey
and dispose OF, timber and land Of whatsoever
kind or description, by any process known t.
ing mills, stave mills, shingle mills, heading
machines, in short, all wood working machine
m for the manufacture of wood into all ths
tkspurp0se Of logging Its mills. to own genera
stores, and to manufacture, buy and sell lnm
besshiadinss sstsyes, shingles, -lsthes and Al
tosuWn buy and sell town lots, buldiugss etc.
and to do all other things necessary for thu
execution and carrying out OF the abeye objects
ARrrcLE FOUR.
FIFTY Thousand Dollars fs5o, oo.o0). to be di
Nod into one Thousand, shares OF nifty dollar
Ss501O each. Operation TO begin when tw,
paid for I'm cash or its equivalent
s.-s-s.. {. ARTICLE FIVE.
The corporate power Of this corporation shall
- vested iue Board of Direeters p be com
nine. each Of whom shall be . stakeholder, an.
the majority of said Board OF Directors snai
constitute quorum, The stockhoideEs sna y
which shall be designated in the bylaws Of tn
eaEporntio1, and such meetings snah elect
e sSss spd
III. IL lid board Of Directors shall NEE
.Hifhia, tNo days after the regular annus
u6tG0Mg0f the 9toeknoioefs, un9 - sucn mt.
inr shsn elsct : President. Vice Presiden,
A6SnsEtn Secretary and Treasurer and sue
ether ohicers as they may deem necessary .
l$s aor the snsoing year: The 15Tst 3 BGard ard,
H5RlJnanes, j. w. Boyctt, 6r., j. w. Boyet
II. and ]. A. Boyett- and they are hereb
ssn t. snsn%sy ,o 70 tS ss ensuing S1Sn yesT
al elections for directors and other matter
each gtockholder shall be entitled to one vot
ss s ss.T Sc 9s. e. 3 s$ end
by proxy, and the majority OF the votes cas-
ekall elect. The Board OF Directors shall max
snch bylaws, rules and reenaaaaons . my u N
or amend thu same as they deem best and sha
gSw,r s g Ps0Ssns s q note
SaIcesAu icea execution Of mortgages and ny
66l6ecafions and for doing all other thing
hefdsnt TO the objects and purposes OF tn
This charter may be changed or amended 3
= minority Of votes Of its stockholders and
tse ss 0I Should
% dissolve this corporation, its affairs SHAH J
iiuuidated by person selected by said stqc
holders.
No 6ock holder shan be allowed to own mol
thhn 6fty 1hares in said corporation and IN en
eyeuf bc liable for the contracts or faults OF n
D Doid b.isnce that may Be due b him % u
corporetion on the stock owned By INN. :. :
shares Of stock may be conveyed or sold .
frrnsferred to the company or corporation on
= ard then only BY giving ten days notice 70 q
President Of the number of shares to be Sol
and the price for which the said sale is to
n1nf1e.. Who shall In turn notify theNehs
stock holders and they shall have the optic
q huying the stock offered for sale by pawn
it, actual value, hrst deducfing any baians
fhnf he may owe. the company. No persc
shan have the right to vote on-shares OF sto<
Transferred to him until the transfer shall NJ
have been made on the books OF
company. .
The President, or In his absence, or in case
HIS inability to act, the Vice President sna
rive each stock holder ten days notice oefo
re annual meeting OF stock holders, 70.
held Is may hereinafter be Determined; z.