The southern sentinel. (Winnfield, La.) 1883-1910, 1907-05-10
ACT OF INCORPORATION
WYNN LUMBER COMPANY. LTD.
State of Louisiana. |
Parish Of VIM. (

State of Louisiana,
Parish OF VIM.
Be il known and remembered; that on this
| sth day of April One Thousand Nine Hundred
and Seven. before me, A. A. Moss: Notary
| Public, duly commissioned and qualified in and
| for the Parish of Winn and in the presence of
/ the undersigned legal Witnesses, personally
came and appeared the persons whose names
are hereunto subscribed, who seSerally declare
that availing themselves of the laws of Louisi-
ana relative to corporations, they have coven-
anted and agreed and by these presents 90
covenant and agree and form themselves into
a corporation, FOR the objects and purposes
and under the stipulations and agreements
hereinafter set forth and expressed, which they
| hereby adopt as their Charter. to-wit:
| ARTICLE ONE
| The name and title of this Corporation shall
be WYNN LUMBER COMPANY, LIMITED,
| and under its corporate name shall have power
| TO continue and exist for period of Ninety
/ nine years from date hereof; to contract, to
/ sue and be sued; TO make and use corporate
| seal and the same TO brake and alter at pleas
| ure: 10 hold, lease, receive, purchase, convey.
| ALLEVIATE, borrow, pledge, mortgage and hypo,
thecate under its corporate hame property real
personal and mixed; to name and appoint such
officers. directors, managers, agents and en-
| p1oyees as the interest and convenience Of the
corporation may require; to make and use by
| laws. rules and regulations for the proper
management Of its affairs as may be deemed
ably change at pleasure, and to do all other
| acts and things permitted by law or such as
| may be necessary and proper to carry out the
objects and purposes for which this corporation
| is organized.
/ ARTICLE TWO
| The domicile OF this corporation is hereby
| fixed and established at WINFIELD, Winn
| Parish, Louisiana. The President. in his
| absence the vice-president, shall be the officer
| upon whom citation and all legal process shall
i be served.
/ Officers Of this corporation sh.n be Presid-
dent, Vice President. Secretary and Treasurer.
/ but the Offices OF Secretary and Treasurer may
be filled by one and the same person: The
| Secretary and Treasurer, IL the Board of Direc-
| tors shall SO require, shall give bond in such
/ sum as said Board shall determine. Said
| officers thall be stockholders in said corpora
/ ton and shall be elected annually By the Beard
Of Directors, and shall serve until their success
/ subject to removal ct any time by said Board
| OF Directors for good cause shown.
ARTICLE THREE
/ The objects and purposes for which this cor
porarfon is organized and the business to be
carried on by it are declared to be the follow
/ ing. to-wit:
| To build and operate saw mill and planning
mill plant in the town of Winfield or any
parish in the State of Louisiana: to manu-
i facture all kinds of lumber, sash, doors, blinds
| and all kinds of novelties and building
material, and sell the same either at wholesale
or retail; TO buy and sell either at wholesale or
70 acquire, own and hold lands. buildings and
machinery necessary for the operation of this
plant, and to acquire and to own timber and
| timber lands; and 10 do every other act or
thing necessary to carry on the business for
which this corporation is organized.
| ARTICLE FOUR
| The capital stock of this corporation shall be
Twenty-Five Thousand Dollars, lS25 00o.0 ol,
| divided and represented by Two Hundred and
Fifty shares of One Hundred Dollars each. and
| as soon as One Hundred shares have been sub
scribed for, this corporation is authorized 10
bt gin business.
ARTICLE FIVE
The corporate powers of this corporation
shall be vested in q Board OF Directors, 10 be
composed of three persons, all of whom must
be stockholders in said corporation, majority
of whom s all constitute quorum. The
stockholders shall hold regular annual meet
| ings, the date Of which shall be fixed by the
| bylaws of said corporation. At these annual
meetings the stockholders shall transact any
business coming before Them and shall elect a
said newly elected Board shall at once organize
| by eiecting from their number the officers of
said corporation as already named.
The first Board of Directors shall be: b. l..
/ vaneleave, George NJ. selden and W. A.
/ Wright who shall hold Office until their sue
cessors are elected, it being specially under
stood that the failure ON the part OF the stock
holders to hold their regular annual meeting
| and TO elect new Board of Directors, shall in
no wise affect the corporate acts of this corpo-
| ration, the old Board always holding over
until the new board is elected and organized.
| In all elections each stock holder shall be
| entitled to one vote for each share Of stock
| owned by him. and these votes must be cast by
4 him in person or by proxy, and the majority OF
the votes cast shall elect.
The Board of Direcs<rs shall make snch by
laws and regulations as may be necessary for
the proper management OF the affairs OF this
corporation, and shall amend and change the
same as they see proper, and shall have power
money. issue bonds, drafts. notes, aceeptances,
/ execute mortgages and do all other things
incident to the objects and purposes OF this
4 A~t.s.
| ity TO vest the President or the other officers
and managers Of such with these powers as
/ they 81 q ut.
| This charter may be changed. amended, OF
| dissolved by two thirds vote Of the stock
holders at meeting called for that purpose.
Should this corporation be dissolved by vote
Of its stockholders, its affairs shall be liqui-
dated By the Board Of Directors as liqui-
dating board.
shares Of stock can only be transferred by
| having the transfer recorded on the books OF
| the corporation, aud no transfer OF stock can
be made until any unpaid balance thereon
| shall have first been paid.
ARTICLE EIGHT
4 The President, OF in his absence or inability
| to act the yice-President shall give each share
/ mail before each annual meeting Of the stock
! holders, and at all call meetings three days
notice shall be given IN the same manner,
unless any ssockholder Is present and valves
i such notice.
i Any inegularity or informalitv in the or
Il zanization Of this corporation shall not render
! this charter null and void, and no subscriber
or stakeholder shall ever be held liable TO this
corporation or its creditors beyond the amount
i of stock subscribed by him.
4 This done and passed in the presence OF j. II
Il Hart and r. w. 0elesby two competent wit
nesses, and me, said Notary on the day and
date first above written.
n fxxr -
shares: q. n. seIden, 80 I-3 shares; w. A
Wright 50 l-3 shares
Witnesses.
J. III. HART. A. A. MOSS,
r. W. 0sLEsBy. Notary Public.
4 Having uS Examined the foregoing charter and