The Caucasian. (Shreveport, La.) 1900-192?, 1909-10-26
CHARTER
OF THE PELICAN LUMBER COM
PANY.

day of September one thousand nine
hundred and nine (1eoo), before me,
Frank J. Looney, notary public in and
for the said Parish and State, duly
commissioned and qualified, personally
came and appeared R. S. Ayers and L.
N Crisp, residents of the Parish Of
Caddc, and w. J. Crow, resident of
the Parish Of Lineoln, State - Lofts
lana, who declared that availing them
selves of the provisions of the laws Of
the State Of Louisiana, and especially
Of Act 70 of 1901 sslsAive to the Of
ganization of corporations, they have
agreed, and do BY these presents agree
and bind themselves, as we'll as all
other persons as may hereafter Become
associated with then, to form and con-
stitute corporation and body polite
in law, for the purposes and objects ana
under the stipulatioas, articles and con-
ditions following, to-wit:
ARTICLE I.
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
Iof 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
lof its business, and to make and estab-
| lish such bylaws, rules and regulations
for the proper management of its at
fairs as it may deem necessary, and ths
same to amend and alter at pleasure
to enjoy all other privileges and i'm
munities given by law to corporations
organized for similar purposes.
ARTICLE ".
The capital stock of this corporation
lis 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, ane
said stock may be issued at par fol
money, goods or property or for serv
| ices rendered and performed as thu
board of directors may determine. M
stakeholder shall sell or transfer hi
Istock in this company until after tel
days written notice to the president, OF
other officers, during which time thu
other stockholders shall have the RICH
to purchase said stock; but all transfer
of stock shall be made on the books o
the company at its Office. The said cor
| poration shall be authorized TO com
nlence business as soon as three thous
and dollars of the capital stock has beef
subscribed and paid for.
ARTICLE v.
| The affairs of this corporation shall
be managed by a board of director
| composed of three stockholders, two o
| whom shall constitute quorum for tn
transaction of business, said board 0
: directors to be elected annually at
general meeting of the stockholders Of
the first Monday in September of tn
year 1910, and annually thereafter; al
directors to hold Office until their sue
cessors shall have been elected and in
!. stalled, and the failure to hold an cleo
ltion shall not have the effect of vacat
i ing such offices. Each share of stoc
) shall be entitled to one vote at a
stockholders meetings, cast by its owne
in person or by written proxy, and tn
majority of votes shall prevail at a
meetings.
ARTICLE VI.
4 The charter of this corporation ma
be amended at a special meeting Gale
; for that purpose and according to Law
/: or the said corporation may be dis
solved at a meeting called after te