The Caucasian. (Shreveport, La.) 1900-192?, 1909-08-29
CHARTER
OF THE YELLOW PINE LUMBER
COMPANY LIMITED.

day of fully A. D. 1900 personally came
and appeared before me, Roland WIZ
hanson, notary public in and for said
Parish and State, w. 0. Brice, K. n.
Grain and F. G. Fulkerson, all OF tuii
age, and all residents of Caddo PARISH
Louisiana, who declare that, avaiIing
themselves of the provisions of the laws
of the State of Louisiana relative to
corporations, and especially of Act NO.
70 of 1904. of the General Assembly OF
Louisiana, they have covenanted ana
agreed, and do by these presents cove
nant and agree and bind themselves, as
we'll as such other persons as may mere
after become associated with them, TO
form and constitute a corporation ana
body polite in law for the purposes ana
objects, and under the stipulations, ar
ticles and conditions following, to-wlt;
ARTICLE l.
The name and title of said corpora
ton shall be YELLOW PINE LUM-
Der 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 De
sued, to make and use corporate seal,
and the same to break and alter at pleas
11re; to hold, receive, have, purchase,
improve. ALLEVIATE, convey, SELL borrow,
pledge, mortgage and hypothecate under
its corporate name, property, real, per-
sona1 and mixed; to name and appoint
such officers, directors, managers ana
agents or employees as the interest or
convenience of the corporation may re-
euire; to make and establish bylaws,
rules and regulations for the proper
management and regulation of its al
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 ano
after the date hereof The president or
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
poration are hereby declared to be &c
buy and sell lands or timber, lumber anc
lumber contracts; to manufacture ane
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 ant
equipments, dry kilns, and to do al
things necessary in the saw and planine
mill business, and to conduct a 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 the object
above set forth.
ARTICLE III.
The capital stock of said corporatio
shall be ten thousand ($Io,ooo) dollars
divided into and represented by on
hundred (Ioo) shares of one hundre
($1oo) dollars each, which said stoc
shall be paid for in cash or its equivs
lent at the time of subscription, or tn
same may be issued, at not less than pa
in payment or exchange for property {
rights actually received or purchased
said corporation, or the same may
issue dfull paid for money advanced an
for other valuable considerations
services as the board of directors of sal
corporation may determine, provide
that no stock shall be issued until Il
consideration thereof has been receiv'
by said corporation. Any stockhold
may sell, assign or transfer his stock
this corporation, provided thirty (3'
days prior notice of such intention
given the company, and the stockholdt
thereof shall have the first privilege
purchasing same, after which thir
(3o) days notice the stock may be sc
in open market. The stock of this &C
poration may be transferred under t
above conditions, provided such transi
thereof may be made on the books
~ the company at its Office in Shevepo
La, and on surrender of the certihcs
IS thereof No transfer of any Fraction
e. part of share shall be made This CO
D poration shall commence doing busin
= aes soon as thirty-one hundred doll;
- ($3Ioo.oo) of its capital stock has be
~ subscribed for and paid in The boz
= of directors shall have the right to
hr termine how much stock shall be issu
in ARTICLE ".