The Caucasian. (Shreveport, La.) 1900-192?, 1907-08-20
CHARTER
CT THE, N. A. AYERS LUMBER
COMPANY.

Before me, Frank J. Looney, the under
signed authority, Notary Public in and
fer Caddo Parish, Louisiana, at my of
fee in the City of Shreveport, Louisiana,
came and appeared Oh the date herein
after written, the undersigned, all OF
Shreveport, Caddo Parish, Louisiana,
who declared to me i'll the presence of
the attestng witnesses that they desire to
form and constitute a corporation under
the laws of Louisiana, and that they do
hereby form themselves and their suc-
cessors into corporation and constitute
same in compliance with the provisions
and subject to the restrictions Of the
laws of the State of Louisiana governing
corporations and under the provisions
Of the articles of incorporation herein
after set forth.
ARTICLE /.
The name of this corporation shall be
n. A. AYERS LUMBER COMPANY
by its name it shall have the power and
authority to have and to enjoy success
sion for the period of twenty-five years
o contract, sue and be sued; to make
md use a corporate seal, and the same
to break, alter or amend at pleasure
and under this name to hold, receive
purchase, and otherwise acquire, to own
convey, sell or otherwise dispose Of, te
lease, pledge, mortgage, or to otherwise
hypothecate property, real, personal ant
mixed.
ARTICLE II.
The domicile of this corporation is de
clared to be in the City of Shreveport
Louisiana.
ARTICLE III.
The nature of the business to be car
ried on and the purpose for which thi
corporation are established are as fol
lows: To buy and sell land or timber
to manufacture and sell lumber and t
conduct a general saw mill business.
ARTICLE w.
The corporate powers of this corpora
ton shall be vested in board of direc
tors composed of six stockholders. In
directors sahll elect president, vic
president, ecretary-treasurer, and sha
prescribe the duties of each. Election Q
directors shall take place the secon
Tuesday of January of each year. 1h
first board of directors shall be as fo
lows: N. A. Ayers, Z. R. Lawhon, r.
Ayers, F. S. Ayers, J. E. Bell and K
1T. Lawhon, with l. r. Lawhon, pres
dent N. A. Ayers, vice president, an
If. S. Ayers, secretarytreasurer A
| officers and directors shall serve unit
their successors are elected. Service
all legal process shall be made on tn
president. Or in his absence on tn
vice president, or in the absence OF bot
Lon the secretary-treasurer, at the offlt
10. e company. The board Of director
may appoint such managers, agents
sub-officers as the interests of the CO.
|poration may require and make and e.
tabD/ such bylaws as may be nece
81 and proper for the management ar
V 1ulation of the affairs of the corpor;
|tion. If any vacancies occur among tt
officers or directors the remaining dire
tors may select stockholders to fill II
same. The board Of directors shall ha'
the power to borrow, and lend none
u Issue bills of exchange, notes. bond
drafts, and all other negotiable pape
execute mortgages and generally to
ar things incident to the objects a,
purposes of this corporation.
ARTICLE V.
The capital stock of THIS corporati'
shall be sevehy-fve thohsand dolla
5 (s75,ooo.oo) divided into seven hundr
and fifty shares of the par value OF O
:. hundred dollars ($1oooo) each. II
$ stock shall be paid for in cash or
e equivalent at the time of its subscripti
y unless other terms are allowed by t
Hoard of directors. The, corporation