The Caucasian. (Shreveport, La.) 1900-192?, 1909-11-14
CHARTER
oF The PELICAN LUMBER COM
PANY.


gay of September one thousand nine
hundred and nine (1ooo), before me,
FRANK J. Looney, a notary public in and
Tor the said Parish and State, duly
commissioned and qualified, personally
came and appeared R. S. Ayers and L.
~ Crisp, residents of the Parish of
Caddc. and w. ]. Crow, a resident of
the Parish Of Lincoln, State OF Louis-
larla, who declared that availing them
sslyes of the provisions of the laws Of
the State of Louisiana, and especially
Of Act 70 of 1904. sslaive to the or
ganization of corporations, they have
agreed, and do by these presents assee
and bind themselves, as well as all
other persons as may hereafter become
associated with then, to form and son-
stitute corporation and body polite
in law, for the purposes and objects ana
under the stipulatiers, articles and con
ditions following, to-wit:
ARTICLE 1.
The name and style of this corpora
ton shall be the PELICAN LUMBER
COMPANY, and its domicile shall be
and is hereby fixed at the City of
Shreveport, Caddo Parish, Louisiana,
where all citations and other legal pro-
cess shall be served on the president, or
in the event of his absence, on the vice
president, or secretary-treasurer
ARTICLE II.
The object for which this corpora
ton is organized and the nature of the
business to be carried on by it is hereby
declared TO be to buy and sell lands,
timber or lumber; to manufacture and
to sell lumber either at retail or whole
sale; to acquire and operate saw mills
and planning mills; to conduct general
saw mill and planning mill business; to
construct and own trans, logging roads
and equipment, dry kilns, and to do any
and all things pertaining to the saw mill
business, and to conduct general mer-
chandise business, buying and selling
merchandise; and to buy and improve,
sell and lease, real estate. urban or ru-
raj, wherever situated; to do any and
all things pertaining or Incidental to the
carrying on of the business the objects
of which are set forth above.
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 or break at pleasure; to hold,
receive, purchase, improve, ALLEVIATE,
pledge, mortgage and hypothecate under
under its corporate name in the conduct
of its business, and to make and estab-
isl. such bylaws, rules and regulations
j for e proper management Of its at
fairs as it may deem necessary, and the
same to amend and alter at pleasure;
to enjoy all other privileges and inn
rllunities 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 the issuance of any stock, and
said stock may BE- issued at par for
money, goods or property or for serv-
ices rendered and performed as the
hoard of directors may determine. No
stakeholder shall sell OF transfer his
stock m this company until after ten
DAYS written notice to the president, or
other officers, during which time the
other stockholders shall have the right
e nurchase said stock but all transfers
of stock shall be made on the books OF
the company at its Office. The said cor
noration shall be authorized to COM
nencs business as soon as three thous-
ana dollars Of the capital stock has been
subscribed and paid for
ARTICLE ".
The affairs Of this corporation shall
be managed by board Of directors
composed of three stockholders, two OF
whom shall constitute quorum for the
transaction of business, said board OF
directors to be elected annually at a
general meeting of the stockholders on
The FIRST Monday in September OF the
year 1910, and annually thereafter; all
directors to hold Office until their sue
cessors shall have been elected and IN
stalled and the failure to hold an cleo
4;,,, shall not have the effect OF vacat-
;np such Offices. Each share OF stock Z
sl,all Is entitled to one vote at all
stockholders meetings, cast by its owner
81 person or BY written proxy and the 7,
,,,.;oritv Of votes shall prevail at all
ARTICLE VI,
The charter of this corporation may
be amended at a special meeting called
for thar purpose and according 70 iaW'
Il the said corporation may DC as
solved at meeting called after ten
80 = s..-;4+a,, notice given to the stock
uess s.:.ta-a4 mail and notice