The Caucasian., 1909-08-19
CHARTER
OF THE YELLOW PINE LUMBER
COMPANY LIMITED.

and appeared before me, Roland Will
hanson, notary public in and for said
Parish and State, w. o. Brice, R. A.
Grain and F. G. Fulkerson, all of full
age, and all residents of Caddo Parish,
Louisiana, who declare that, availing
themselves of the provisions of the laws
of the State of Louisiana relative to
corporations, and especially of Act No.
| 78 of 1904, of the General Assembly of
Louisiana, they have covenanted and
agreed, and do by these presents cove
nant and agree and bind themselves, as
we'll as such other persons as may here
after become associated with them, to
form and constitute corporation and
body polite in law for the purposes and
objects, and under the stipulations, ar
ticles and conditions following, to-wit !:
ARTICLE I.
The name and title of said corpora
ton shall be YELLOW PINE LUM-
BER COMPANY LIMITED, and its
domicile is hereby established in Shreve
/ port, State of Louisiana; and under its
corporate name said corporation shall
have the power to contract, sue and be
sued, to make and use corporate seal,
and the same to break and alter at pleas
ure; to hold, receive, have, purchase,
improve, ALLEVIATE, convey, sell, borrow,
1 pledge, mortgage and hypothecate under
its corporate name, property, real, per-
sonal and mixed; to name and appoint
such officers, directors, managers and
agents or employees as the interest or
convenience of the corporation may re-
uuire: to make and establish bylaws,
rules and regulations for the proper
management and regulation of its af-
fairs as may be deemed necessary and
proper, and the same to alter and
change at pleasure; and to do all other
acts and things permitted by law, Or
shall be necessary and proper to carry
out the objects and purposes of this
corporation Said corporation, unless
sooner dissolved in accordance with its
charter, shall exist and continue for a
period of ninety-nine years from and
after the date hereof. The president OF
in his absence the vice president shall
be the proper person upon whom cita-
ton or other legal process shall be
served
ARTICLE II.
The objects and purposes of this cor
. Iporation are hereby declared to be tc
buy and sell lands or timber, lumber and
lumber contracts; to manufacture arc
sell lumber; to acquire and operate saw
and planning mills; to conduct genera
saw mill and planning business; to con
/ struct and own trans, logging roads ane
equipments, dry kilns, and to do al
things necessary in the saw and planning
mill business, and to conduct genera
| merchandise business, buying and selling
merchandise, and to buy, improve, sci
and lease real estate, urban and rural
wherever situated; to build houses II
Shreveport and at such other points a
the directors may see fit, and in genera
to do any and all things and conduct al
= manner of business necessary or Incl
dental to the carrying out of thesobject
labove set forth.
ARTICLE III.
The capital stock of said corporation
: shall be ten thousand ($Io.ooo) dollars
divided into and represented by on
hundred (Ioo) shares of one hundre'
(SIoo) dollars each, which said stoc
lshall be paid for in cash or its equiva
/ Ilent at the time of subscription, or tn
same may be issued, at not less than pal
in payment or exchange for property Q
rights actually received or purchased b
said corporation, or the same may ;
issue dfull paid for money advanced an
for other valuable considerations
Iservices as the board of directors OF sal
corporation may determine, provide
that no stock shall be issued until tt
r consideration thereof has been receive
: by said corporation. Any stockhold'
may sell, assign or transfer his stock
this corporation, provided thirty (3e
DAYS prior notice of such intention
q given the company, and the stockholdt
= thereof shall have the first privilege
Z purchasing same, after which thir
(so) days notice the stock may be SO
II in open market. The stock of this co
L poration may be transferred under t
above conditions, provided such transf
thereof may be made on the books
the company at its Office in Shevepo1
La, and on surrender of the certihca
thereof. No transfer of any fraction
part of a share shall be made. This co
poration shall commence doing buslne
/. aes soon as thirty-one hundred dolla
($s1oooo) of its capital stock has be
subscribed for and paid in. The boa
of directors shall have the right to 9
termine how much stock shall be ISSUE
ARTICLE ".
=