The Caucasian. (Shreveport, La.) 1900-192?, 1907-08-18


nanted and agreed, and by these pres
en,s covenant and agree, and bind them
,clvcs, as well as such other persons as
may hereafter become associated VIII
them. to form and constitute llmlteo
corporation and body polite IN law, fol
the purpose and objects, and under the
stipliIations. articles and conditions FOL
lowing. 1o-Wit.
ARTICLE I.
The name and title Of the said cor
poration shall be "American Tie and
Timber Company. Limited and its
domicilc !, hereby established IN the
City Of Shreveport, Caddo Parish
Louisiana: and under It's corporate name
SAID corporation shall have the power
and authority TO contract, sue and be
sued 70 make and use a corporate seal
and the same to break and alter at
pleasure; to hold, receive, have, pur-
chase, improve. ALLEVIATE, convey, sell,
borrow, pledge, mortgage, and by
pothecatc under its corporate name,
property, real, personal and mixed
corpereal and incorporeal,; to name
and appoint such officers, directors,
agents. and managers, or employees, as
the interest or convenience OF said cor
poration may require; to make and es-
tablish such bylaws, rules. and regula-
tons for the proper management of ITS
affairs as may be deemed necessary and
proper. and The same to change and alter
at pleasure; and to do all other acts and
things permitted by law. or as shall or
may be necessary and proper to carry
out the objects and purposes of said cor
poration.
SAID corporation, unless sooner dis
solved in accordance with the provisions
OF its charter, shall exist and continue
for the period Of ninety-nine 100 years
from and after the date hereof
The president. or, in his absence, the
vice president, or in the absence of both
Iof said officers. the secretarytreasurer
shall be the proper person upon whom
citation or other legal process shall be
served.
ARTICLE II.
The objects and purposes for which
this corporation is organized and the
,,at,r. ~ +ba t,,c,,,a.r t1 lao ra-rieI on
by it, are declared t. be the following,
to-wIt: To manufacture, purchase and
sell lumber, ties ard timber either
wholesale or retail, to construct, pur-
chase. lease. suitcase. maintain and OPP
crate, for the manufacture of timber
lumber, and ties into any and all forms,
and to sell same, saw mills, lumber and
tie mills, planning mills, single mills and
other machinery necessary for the man
, ufacture of lumber, ties and other arti-
cles Of wood; to purchase, own, and sell
timber. timber lands and other lands; tc
construct, purchase, lease, suitcase and
operate tram roads, canals, and boats, tc
be operated by steam or other motive
power, with all the appurtenances there
unto belonging; TO operate commlssary
and general merchandise business anC
to buy and sell all such classes Of goods
wares and merchandise as they may de
| sire in connection Herewith; and to d,
any and all acts necessary and proper
! for the successful operation Of sale
| business.
ARTICLE III.
| The capital stock Of the said corpora
| ton shall be twenty-five thousand dol
! lars (S25 100000, divided into and rep
resented by two hundred and fifty ESQ,
shares OF the sum of one hundred dol
lars (SIoooo) each, which stock shall
be paid for in cash at the time OF sub
scription.
Any stakeholder may SELL assign o
! transfer his stock in this corporation
provided thirty 800 days prior motto
of such intention to sell. assign or trans
fer the same be given the company, an'
the other stockholders thereof shall hav
the first privilege OF purchasing tn
same, after which thirty days notice tn
said stock may be sold in open market
This corporation shall commence do
ing business as soon as all OF the capita
stock shall have been subscribed,
ARTICLE ".
, The corporate powers OF this cnrpor
alton shall be vested i'll and exercised b.
a board Of three 80 directors, consist
ing OF the president, vice president an
the secretary ] Wo Of sal
board shall constitute a quorum for tn