The Caucasian. (Shreveport, La.) 1900-192?, 1909-07-29
CHARTER
OF THE YELLOW PINE LUMBER
COMPANY LIMITED.

hanson, notary public in and for said
Parish and State, w. Q. Br;ce, r. A.
fCrain and F. c. Fulkerson, ali 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.
70 of 1904, of the General Assembly of
i Louisiana, they have covenanted and
lagreed, and do by these presents cove
nant and agree and bind themselves, as
well as such other persons as may here
Z 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 T.
i 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 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,
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-
! auire; to make and establish bylaws,
rules and regulations for the proper
: management and regulation of its at
: fairs as may be deemed necessary and
proper, and the same to alter and
E change at pleasure; and to do all other
t acts and things permitted by law, OF
/ shall be necessary and proper to carry
t out the objects and purposes of this
5 corporation. Said corporation, unles:
sooner dissolved in accordance with it:
charter, shall exist and continue for 3
!. period of ninety-nine years from ant
: after the date hereof The president OF
in his absence the vice president shall
, be the proper person upon whom eta
ton or other legal process shall b
J served.
ARTICLE II
The objects and purposes of this cor
poration are hereby declared to be tx
buy and sell lands or timber, lumber ant
lumber contracts; to manufacture arl'
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 an
equipments, dry kilns, and to do al
things necessary in the saw and planin
mill business, and to conduct a genera
merchandise business, buying and seilin
merchandise, and to buy, improve, sel
and lease real estate, urban and rura
wherever situated; to build houses !
Shreveport and at such other points a
the directors may see fit, and in genera
81 to do any and all things and conduct a
manner of business necessary or inc
dental to the carrying out of the object
above set forth.
II ARTICLE III.
= The capital stock of said corporate
shall be ten thousand ($ro,ooo) dollar
divided into and represented by or
hundred (Ioo1 shores of one hundre
{1SIoo) dollars each, which said stoc
!. shall be paid for in cash or its equiv;
lent at the time of subscription, or Il
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 dull paid for money advanced ar
for other valuable considerations
90 services as the board of directors of So
i corporation may determine, provId
that no stock shall be issued until t
consideration thereof has been receiv
BY said corporation. Any stockhoId
may sell, assign or transfer his stock
a. this corporation, provided thirty e
DAYS prior notice of such intention
given the company, and the stockhold
thereof shall have the first privilege
NC purchasing same, after which thii
(3o) days notice the stock may be Sc
'eS in open market. The stock Of this C
porstion may be transferred under
above conditions. provided such trans
thereof may be made on the books
the company at its Office in Sheveps
lrN La, and on surrender of the certihc
thereof. No transfer Of any fractio
s. part Of 4 share shall be made. This {
- poration shall commence doing busin
aes soon as thirty-one hundred doll
= (SsIoooo) of its capital stock has b
subscribed for and paid in. The bo
- Of directors shall have the right to
termir,e how much stock shall be issu
90 ARTICLE ".
- The corporate powers of this c.