The Caucasian. (Shreveport, La.) 1900-192?, 1909-10-19
CHARTER
OF THE PELICAN LUMBER COM
PANY.

State of Louisiana, Parish of Caddo:
Be 1t remembered, that on this the goth
day of September one thousand nine
hundred and nine (1ooo), before me,
Frank ]. Looney, notary public in and
for the said Parish and State, duly
commissioned and qualified, personally
came and appeared R. S. Ayers and L.
N. Crisp, residents of the Parish of
Caddc, and w. J. Grow, resident of
the Parish of Lincoln, State of Louis
lana, who declared that availing then4
selves of the provisions of the laws of
the State of Louisiana, and especially
of Act 70 of 1904, relative to the or
ganization of corporations, they have
agreed, and do by these presents agree
and bind themselves, as we'll as all
other persons as may hereafter become
associated with them, to form and con-
stitute a corporation and body polite
in law, for the purposes and objects and
under the stipulations, articles and con-
ditions following, to-wit:
ARTICLE l.
The name and style of this corpora
ton shall be the PELICAN LUMBER
COMPANY, and its dornicile shall be
and is hereby fixed at the City of
Shreveport, Caddo Parish, Louisiana.
where all citations and other legal pro-
cess shall be served on the president, or
in the event of his absence, on the vice
president, or secretary-treasurer
ARTICLE II.
The object for which this corpora
ton is organized and the nature of the
business to be carried on by it is hereby
declared to be to, buy and sell lands,
timber or lumber; to manufacture and
to sell lumber either at retail or whole
sale; to acquire and operate saw mills
and planning mills; to conduct general
saw mill and planning mill business; to
construct and own trans, logging roads
and equipment, dry kilns, and to do any
and all things pertaining to the saw mill
business, and to conduct a general mef-
chandise business, buying and selling
merchandise and to buy and improve,
sell and lease, real estate, urban or ru-
raj, wherever situated; to do any and
all things pertaining or incidental to the
carrying on of the business the objects
Of which are set forth above
ARTICLE III.
This corporation shall have the power
to contract, sue and be sued; to make
and use corporate seal and the same
to alter OF break at pleasure; to hold,
receive, purchase, improve, ALLEVIATE,
pledge, mortgage and hypothecate under
under its corporate name in the conduct
of its business, and to make and estab-
lish such bylaws, rules and regulations
for the proper management Of its af-
| fairs as it may deem necessary, and the
same to amend and alter at pleasure i;
to enjoy all other privileges and inn
munities given by law to corporations
organized for similar purposes.
ARTICLE ".
The capital stock of this corporation
is hereby fixed at fifty thousand dollars,
divided into shares of one hundred dol
lars each, which shall be paid for at the
time of the issuance of any stock, and
said stock may be issued at par for
money, goods or property or for serv-
ices rendered and performed as the
board of directors may determine. No
stakeholder shall sell or transfer his
stock in this company until after ten
days written notice to the president, OF
other officers, during which time the
other stockholders shall have the right
! to purchase said stock but all transfer:
Of stock shall be made on the books oil
the company at its Office. The said cor
poration shall be authorized to com
mence business as soon as three thous.
and dollars of the capital stock has beer
subscribed and paid for.
ARTICLE v.
| The affairs of this corporation shall
II be managed by DoaI III dhSSlois
composed of three stockholders, two o
| whom shall constitute quorum for tn,
transaction of business, said board o
directors to be elected annually at ;
general meeting of the stockholders OF
the first Monday in September of th'
year 1910, and annually thereafter; al
directors to hold Office until their sue
cessors shall have been elected and in
stalled, and the failure to hold an cleo
ton shall not have the effect of vacat
ing such offices. Each share of stocl
shall be entitled TO one vote at al
stockholders meetings, cast by its owne
in person or by written proxy, and tn
majority of votes shall prevail at al
meetings.
ARTICLE VI.
The charter of this corporation ma
be amended at a special meeting Gale
for that purpose and according to Las
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