The Caucasian., 1909-02-21
CHARTER
= rHE w. II. POWELL LUMBER
COMPANY.

= III
! I.rrnrv 1000 before me, A. B. Freyer,
! . nakAry public III and for the said Par
an and State, duly qualified, commits
.;oned and sworn, and IN presence OF the |
-;+nesses hereinafter named and under
.;~ned, came and appeared the several
,.c.sons whose names arc hcrcunto sub |
.cribcd, who declared that, avaiiing |
1h.mselves Of the provisions of the law |
- this State relative TO the organization
as eorporations, they have covcnanted |
and agreed, and by these presents do
rcvenant and agree, and bind themselves
nd those who may hereafter become
s.eoeiatcd with them. to form and con-
st;tute body polite IN law for the OBJ
s;.ets and purposes and under the articles
and stipulations following, to-wit
ARTICLE /.
The name and style of this corporation
.h.n be W. H. POWELL LUMBER
4 ICONPANY, and under its said name it
shaIl have power and authority TO con-
tract. to sue and be sued; to make and
use a corporate seal. and the same to
alter or break at pleasure: to hold, re-
ceive, purchase, alternate, convey, sell,
pledge, mortgage, hypothecate or lease
] oroperty, real, personal or mixed: to
name and appoint such officers, direct
ors. agents and employees as the inter
ests and convenience Of the said corpor-
alton may require TO make and estab-
lish bylaws, rules and regulations for
the proper management of its affairs as
NAV be deemed necessary and proper,
and the same TO alter or change at pleas
ure: and generally to do all other acts
and things necessary and proper to car
n out the objects and purposes Of said
corporation.
This corporation unless sooner dis
solved as hereinafter provided for, shall
/ exist and continue for a period OF
ninety nine TOO years from and after
ne date hereof.
All citation and other legal process
shall be served upon the president, Or IN
his absence, upon the vice president, or
= their absence, upon the secretary
/ treasurer, at the domic,le OF the com
nany. which shall be and is hereby de-
| clared to be in the City OF Shreveport,
Caddo Parish, Louisiana.
ARTICLE II.
The objects and purposes Tor which
Z MS corporati is organized and the
4 nat,re Of the business to be carried on
1 b. it are declared to be: To buy and sell
land or timber and lumber and timber
contracts, to manufacture and sell lum-
4 hef, to acquire and operate saw and
8 pIaning mills and to conduct general
] ~ mill and planning mill business. to
I eoael4sel and own trans, logging roads
nd Equipments, dry kilns, and to do all
& hinge necessary in the saw and planing
J, Mill business, and to conduct general
perchandise business. buying ard selling
d merohandise
ARTICLE III.
The capital stock Of this corporation
] shall be thirty thousand dollars, divided
{ into and represented by three hundred
I shares Of the par value of one hundred
fSIoo) dollars each, which stock s'ai
g Be paid for in cash or in property, rights
and credits actually received by sa'e
! corporation at time Of subscription ol
4 when called for by the board OF direct
ors Of this corporation, provided that nc
|. stock shall be issued until the considera
tion therfor has been received by sa't
corporation.
The corporation is authorized to com
4 mence business when all Of the stocl
p (<3oooo) shall have been subscribed an'
aid for.
ART LIE ~.
The corporate powers OF said corpora
aioa shall be vested in and exerc'see o!
q board of directors Of FIVE () STOCK
! holders. The following persons shal
constitute the first board Of directors
yis.: w. H. Powell, w. J. Powell, "
c. Downs, N. A. Ayres and W. =
I enahan. with w. H. Powell pres'den.
W. c. Downs a. vice president, ana "
]. Powell as secretary-treasurer. =
hid officers and directors shall no'
their ol6ce until tlsc second day OF "a"
I nary A. D. 1910, or until their sueee>
axs shall have been duly elected al"
qualifed. On the said day OF Jan"a'
1910. and annually thereafter, boa.
Of directors shall Be elected, unless saA
dase shall BE legal holiday, m wn'e
event the first day thereafter. Notice 9
he said election Shall be given " e
days notice published in one OF tne pu,
X aewspapers published IN said fa''s'
The board of directors shall aepo'nt ."
Or more stockholders to preade at sue
electioa. Any failure, from any eau.