The Caucasian. (Shreveport, La.) 1900-192?, 1909-08-31
CHARTER
OF THE CLOVER LEAF LUMBER
COMPANY

day of July, 1909, before me, A. D.
Land, Jr.., notary in and for said par
ish and state, duly commissioned and
sworn, personally came and appeared
the parties whose names are hereunto
signed, who declared that awaiting them
selves of the provisions of the laws of
the State of Louisiana relative to the or
ganization of corporations, they do
hereby form and constitute themselves,
associates, and successors, into acor-
poration for the objects and purposes
hereinafter set forth, to-wit:
ARTICLE I
The name and style of this corpora
ton shall be CLOVER LEAF LUM-
Der COMPANY, and its don1iciIe is
hereby fixed at the City of Shreveport,
Louisiana, where all citations and otheg
legal process shall be served on the
president, or in case of his absence or
disability, upon the vice-president or
secretary treasurer.
ARTICLE II
The object for which this corporation
is organized and the nature of the bust
ness to be carried on by it is hereby de-
clared to be to buy and sell lumber at
wholesale, to buy and sell timber lands,
to operate saw-mills, and in the con-
duct of said business to acquire prop
erty real and personal, and to construct
or lease or otherwise acquire such build
ings, machinery or other property ne
cessary for the proper and advantag
eous conduct of said business.
ARTICLE III
This corporation shall have the power
to contract, sue and be sued, to make
and use a corporate seal and the same
to alter at pleasure, to hold, receive, pur
chase, improve, ALLEVIATE, pledge, mort
gage, and hypothecate property under
it's corporate name in the conduct of
it's business, and to make and establish
such rules and regulations for the prop
er management of its affairs as it may
deem necessary, and the same to alter
at pleasure; and to enjoy all other
privileges and inmunities 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 its issuance, and said stock
may be issued for money, goods, prop
erty, or for services performed as the
Board of Directors may determine. No
stakeholder shall sell Or transfer his
stock in this company until after ten
days notice, in writing, to the president
or other officers, during which time, the
other stockholders shall have the right
to purchase said stock, but all trans
fers of stock shall be made on the books
of the company, at its Office. The said
corporation shall commence business as
soon as twelve thousand FIVE hundred
dollars capital stock is subscribed.
ARTICLE v
The affairs Of this corporation shall
be managed by a board of directors
composed of three stockholders, two
of whom shall constitute quorum, to
be elected at a general meeting Of the
stockholders to be held on the first Mon
day in August, 1910, and annually there
after, all directors holding Office until
their successors are elected and installed.
Each share of stock shall be entitled to
one vote at stockholders meetings, cast
by its owner in person or by proxy,
and the majority of votes shall prevail
at said meeting.
ARTICLE VI
This charter may be amended OF
modified at special meeting, called for
that purpose, or the corporation may
be dissolved at said meeting by vote
of two-thirds of the stock present OF
represented therein. Notice of meet
| ing for the purpose OF amending VI
| modifying this charter, or to dissolve
this corporation shall be given to al
stockholders by registered mail, at leasi
ten days previous to said meeting, the
said notice stating the object and pur.
pose for which the meeting is called
Whenever this corporation shall be dis.
solved by limitation or otherwise, It;
affairs shall be wound up by two com
missioners selected by the majority o.
the stock present at meeting called fol-
the purpose Of dissolving this corpora
ton, as set forth above. In the cas-
of the death or inability of either of tht
commissioners to act, the other shall
| act as sole lquidator.
ARTICLE VII
The officers of this corporation shal
be as follows: G. FL. Byrnes, presi
| dent; w. A McKennon, yice-president
Thomas Byrnes, secretary and treasurer
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