The southern sentinel. (Winnfield, La.) 1883-1910, 1907-01-11

ACT OF INCORPORATION
OF the Lands, Lumber and Manu-
featuring Company, Limited.
STATE OF LOUISIANA, -
PARISH OF WTSS.
Be il known and remembered: That ON this
the 10th day of December, One Thousand Nine
Hundred and Six, before me Harry 4. Gamble,
| notary public duly commissioned and quail
fed 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 sev-
orally declare that, availing themselves of the
laws of Louisiana relative to corporations, they
have covenanted and agreed and by these pres
ents do covenant and agree and form them.
selves into a corporation, for the objects and
purposes aud under the stipulations and agree
ments 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 LANDS, LUMBER AND MANUFACTURING CON-
rANY, LIMITED, and under its corporate name
shall have power to continue and exist for a
period Of ninety-nine yeas from the date
hereof; to contract. to sue and be sued: to
make and use corporate seal and the same to
break and alter at pleasure; to hold, lease. re-
ceive, purchase, convey, ALLEVIATE, borrow,
pledge, mortgage and hypothecate under its cor
porate name property real, personal and mixed;
to name and appoint suCn Ofncers, directors,
managers, agents and employees as the inter-
est and convenience of the corporation may re-
quire; to make.and use such bylaws. rules and
regulations Tor the proper management OIL It's
and the same to reasonably change at pleas
ure; and to do all other acts and things per-
mitted by law or such as may be necessary and
proper 10 carry out the objects and purposes
for which this corporation is organized.
ARTICLE TWO.
The donHcile of this corporation is hereby
fixed and established at WINFIELD, Winn Par
ish Louisiana; The president, or in his abb
| sence the vice president, shall be the officer
upon whom citation and all legal process shall
The oficers Of this corporation shall be
president, vice president. secretary and treas
urer, but the Offices of secretary and treasurer
may be filed by one and the same person The
secretary and treasurer, II the board of direc-
tors shall so require, shall give bond in such
sums as said board shall determine. Said Off
GERS shall be stockholders in said corporation
and shall be elected annually by the board of
directors, and shall serve until their successors
are elected. however said officers shall be SUBJ
ject to removal at any time by said board of
directors for good cause shown.
ARTICLE THREE.
The objects and purposes for which this cor
poration Is organized ana the business to be
carried ON by It are declared to be the follow
ing, to-wit:
To build and operate sawmill and planning
mill plant in The Town Of WINFIELD: to manu-
.
and all kinds of novelties and building mate
rial and sell the same either at wholesale or
retail; to buy and sell. either at wholesale or
ut retail, ali kinds of lumber and forest prod
nets, to acquire, own and hold lands, buildings
and machinery necessary or the operation OF
this plant. and to acquire and own timber and
timber lands; and to 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
Fifty Thousand Dollars, divided and repre-
sented by i've hundred shares OF one hundred
dollars each, and as soon as fifly shares have
been subscribed for this corporation is author
i1ec to begin business
ARTICLE FIVE.
The corporate powers of this corporation
shall be vested in q board of directors, to be
composed of three persons, all of whom must
be stockholders in said corporation, q majority
OF whom shall constitute quorum. The stock
holders shall hold regular annual meetings, the
date foe which shall be fiyed BY the by-laws Of
said corporation. At these annual meetings
the stockholders shall transact any business
coming bfeore them aud shall elect board OF
directors for the ensuing year. which said
newly elected board shall at once organize by
electing from their number the officers of said
CORPORATION a. already named.
The first board of directors shall be: G. II.
Elliott, J, A. Nesom, Will A. Strong, who shall
hold Office until their successors are elected. 1t
being specially understood that the failure on
the part of the stockholders to hold their regu
lar annual meeting and to elect new board of
directors, shall in no wise affect the corporate
acts of this corporation, the old board always
holding over until the new board iselected and
In all elections each stakeholder shall be en-
titled TO one vote for each share of stock owned
By him. and these votes must be cast by him
in person or by proxy, and q majority of the
votes cast shall elect
The board of directors shall make such by
laws and regulations as may be necessary for
corporation, and shall amend and change the
same as they see proper, and shall have power
TO provide for and contract debts, borrow
money, issue bonds, drafts, notes, acceptances,
execute mortgages and do all other things in
cident to the objects and purposes of this COR
poration, and shall have power and authority
to vest the president or other officers and man
ayers Of such with these powers as they see 1T.
ARTICLE SIX.
This charter may be changed, amended or
dissolved by two-thirds vote of the stockhold-
ers ct meeting called for that purpose.
vote of its stockholders its affairs shall be iiq-
Undated by the board Of directors as a liquidat-
ing board,
having the transfer recorded ON the books OF
the Corporation, and no transfer of stock can
be made until any unpaid balance thereon
shall have first been paid.
The president, or in his absence or inability
TO act, the vfce-president shall give each
shareholder ten days notice In writing through
the mail before each annual meeting of the
stockholders, and at all call meetings three
days notice shall be given in the same man
ner, nnless any stockholder is present and
valves such notice.
Any irregu1arity or informality in the organ
ixation 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
of the stock subscribed by him.
This done and passed in the presence of T.
II. Colvin and h. G.. Little, two competent
Witnesses, and me, said Notary, son the day
and date frst above written.
Name No. Shares
j. A. Nesom
Will A. strong i
Jo6n d. Mathews
Witnesses: T. H. Colvin, h. G. Little.
II. ST. HARRY p. GAMBLE,
di4-6t Notary Public.
State OF Louisiana,
Parish 1f Winu