The Caucasian. (Shreveport, La.) 1900-192?, 1909-02-14
CHARTER
OF TIE ". II. POWELL LUMBER
COMPANY.

| State OF Louisiana. Parl~H 0t Laddo ::
BE 1t known, that OIL this tu~ Igtll day Of
| january 1000 before me. \. L. treycr.
a notary public i'll and for the sad Par
ISL and State, duly qualified, commits
stoned and sworn, and III presence OF the
witnesses hereinafter named and UNDER
signed. came and appeared the several
pei sons whose names are hereuntO sub
scribcd who declared that. awaiting
themselves of the provisions OF the law
of this State relative to the organization
Of corporations, they have covcnanted
and agreed, and by these presents do
covenant and agree, and bind themselves
and those who may hereafter become
associated with them, to form and con-
stitute body polite in law for the OBJ
jects and purposes and under the articles
and stipulations following, to-wit.
ARTICLE |.
| The name and style of this corporation
shall be W. H. POWELL LUMBER
| COMPANY, and under it's said name it
shall have power and authority to con-
tract, to sue and be sued; to make and
use a corporate seal, and the same to
alter or break at pleasure; to hold, re-
ceive purchase, ALLEVIATE, convey, sell,
pledge, mortgage, hypothecate or lease
property, real, personal or mixed: to
name and appoint such officers, direct
ors, agents and employees as the inter
ests and convenience of the said corpor-
alton may require to make and estab
lish bylaws, rules and regulations for
the proper management of Its affairs as
may be deemed necessary and proper,
and the same to alter or change at pleas
ure; and generally to do all other acts
and things necessary and proper to car
nv out the objects and purposes OF said
corporation.
This corporation unless sooner dis
solved as hereinafter provided for, shall
exist and continue for period of
ninety-nine (eo) years from and after
the date hereof.
All citation and other legal process
shall be served upon the president, Or in
his 2bsence, upon the vice president, or
in their absence, upon the secretary
treasurer, at the domicile of the CON-
pany, which shall be and is hereby de-
clared to be in the City OF Shreveport,
/ Caddo Parish, Louisiana.
| ARTICLE II.
The objects and purposes for which
this corporation is organized and the
nature of the business to be carried on
by it are declared to be: To buy and sell
land or timber and lumber and timber
contracts, to manufacture and sell lum-
Der, to acquire and operate saw and
planning mills and to conduct general
saw mill and planning mill business, to
construct and own trans, logging roads
and equipments, dry kilns, and to do all
things necessary in the saw and planning
mill business, and to conduct a general
merchandise business, buying and selling
merchandise
! ARTICLE III.
The capital stock of this corporation
shall be thirty thousand dollars, divided
into and represented by three hundred
shares Of the par value of one hundred
($1oo) dollars each, which stock shall
be paid for in cash or in property, rights
and credits actually received by said
corporation at time of subscription or
when called for by the board OF direct
ors Of this corporation, provided that nc
stock shall be issued until the considera-
ton therfor has been received by said
corporation.
i The corporation is authorized to COM
mence business when all of the stock
($3oooo) shall have been subscribed and
lpaid for.
) Article w.
The corporate powers of said corpora
ton shall be vested in and exercised by
a board of directors of five 50 stock
holders. The following persons shall
constitute the first board of directors
viz: w. H. Powell, w. J. Powell, w
c. Downs, N. A. Ayres and w. c.
enahan, with w. H. Powell president
w. c. Downs as vice president, and w
J. Powell as secretary-treasurer The
said officers and directors shall hold
their office until the second day of Jan
uary A. D. 1910, or until their success
sors shall have been duly elected and
qualified. On the said day of January
1910, and annually thereafter, board
of directors shall be elected, unless said
date shall be legal holiday, in which
event the first day thereafter. Notice OF
the said election Shall be given by ter
days notice published in one of the pub
lie newspapers published in said Parish
The board of directors shall appoint one
Or more stockholders to preside at such
ELECTION. Any failure, from any cause
whatever, to hold such meetings or &c