The Caucasian. (Shreveport, La.) 1900-192?, 1909-11-09
CHARTER
OF THE CLEAR CREEK LUMBER
COMPANY.

Blanchard, a notary public in and for
said parish and State, duly commits
stoned and qualified, on this day person
ally came and appeared A. L, Franklin,
s. H. Bolinger and B. H. Bolinger, each
of whom declared unto me in the pres
ence of the hereinafter named and UNI
dersigned competent witnesses, that
awaiting themselves of the laws OF the
State of Louisiana relative to the for
nation of corporations, they do hereby
organize themselves into and create a
| corporation, and adopt the following
articles as the charter thereof to govern
themselves and such others as may be-
come associated with or succeed them.
| ARTICLE 1.
The name and title Of said corporation
lis THE CLEAR CREEK LUMBER
COMPANY.
ARTICLE II.
Its domicile is declared to be in the
City of Shreveport, Parish Of Caddo,
| dliii totdlC VI lSculsIdlld'
ARTICLE III.
The duration of said corporation shall
be a period of njnety-nine years from
the date, hereof.
ARTICLE. ".
The purposes for which said corpor-
alton is established and the nature of
the business to be carried on by it are ::
To buy and sell. timber lands; to man
ufacture, buy and sell lumber; to buy,
build and operate saw and planning mill
plants, railroads, telegraph and tele-
graph lines and to conduct a general
| merchandise business; and to do all
things connected with or incident to any
or all of said purposes.
ARTICLE v.
Every citation or other legal process
shall be served upon the president, and
in his absence on the secretary-treas-
| urer.
ARTICLE. VI.
The amount of capital stock of this
corporation. which this corporation is
authorized to issue is one hundred thou
sand ($Ioo,ooo.oo) dollars, divided into
two thousand shares of the par value
of fifay. ($5ooo )dollars each. This
corporation is authorized to commence
business as such when eight hundred
1900 shares of its capital stock shall
have been subscribed and paid for No
certificate of stock shall be issued until
| full payment is made therefor, which
may be by money, property, services or
any other valuable consideration moving
to said corporation; and resolution of
| the board of directors of this corpora
| ton that the consideration given for
any stock is fair and adequate shall be
i conclusive evidence that it is such but
no stock shall be issued for less than
the par value thereof. The remaining
stock shall be placed on the market at
such times and in such blocks as the
majority of the stockholders deem for
the. best interests of the corporation, the
existing stockholders in all cases being
allowed sixty days within which to pur-
chase the same at par in the proportion
i of their holdings by preference over all
other purchasers.
| ARTICLE. VII.
i The board of directors of this corr
Iporation shall be composed of not less
than five stockholders, who shall be
elected at each annual meeting of the
stockholders for the ensuing year; the
board of directors shall have authority
to adopt set of bylaws for the regu-
lation of the business of this corpora.
. ton, to adopt a corporate SEAL to by
pothecate ,or dispose of any portion o.
| the property of said corporation fol
such consideration and on such terms
of payment as it may deem advisable
to direct and control the officers ane
! employees of the corporation; to pass al
rules and regulations which it ma!
deem necessary for the conduct Of thu
affairs of said corporation; and to yes
: in general manager by resolution "a
or any part of the powers given by Thu
: charter to the board of directors.
ARTICLE VIII.
The officers of this corporation unit
the FIRST annual meeting of the board o
directors on the fifteenth day of Janu
AIRY IOII,tare: S. H. Bolinger, president
!. B.. H. Bolinger,i vice president; and A
L. Franklin, secretary-treasurer, VIII
shall constitute its first board of direc
Itors. At the end of their term of offic
the officers of said corporation shall b
elected by the board of directors. TIL
regular. annual meeting of the stock
holders shall be held on the fifteenth 9
January of each year.
Fl ARTICLE TX.
No stockholder of this corporatio
shall ever be held liable or responsible
for the contracts or faults thereof i
! any further sum that the unpaid balanc