The Caucasian. (Shreveport, La.) 1900-192?, 1909-01-28
CHARTER
OF THE w. II. POWELL II1MRER
COMPANY.

BE It known, that on this the 10Th day Of
January 1909. before me, A. B. Freyer,
a notary public in and for the said Par
'sh and State, duly qualified, commits
stoned and sworn. and in presence of the
witnesses hereinafter named and under
signed. came and appeared the several
persons whose names are hereunto sub
scr'bed. who declared that. availing
themselves of the provisions Of the law
OF this State relative to the organization
of corporations, they have covenanted
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 l.
The name and style Of this corporation
shall be w. II. POWELL LUMBER
and under its said name it
shall have power and authority to con-
tract, to sue and be sued; to make and
use corporate seal, and the same to
alter or break at pleasure; to hold, re-
ccive. 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
csts and convenience of tho 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
ry out the objects and purposes of said
This corporation unless sooner dis
solved as hereinafter provided for, shall
exist and continue for period of
ninety mine (oo) years from and after
the date hereof.
All citation and other legal process
shall be served upon the president, Or in
his absence. upon the vice president. or
in their absence, upon the secretary
treasurer. at the domicile of the COM
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
to manufacture and sell lum-
Der. to acquire and operate saw and
planning mills and to conduct a general
saw mill and planning mill business. to
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
business, buying and selling
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
($roo) dollars each, which stock shall
he 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 no
stock shall be issued until the considera-
ton therfor has been received by said
corporation.
The corporation is authorized to COM
mence business when all of the stock
($3o.ooo) shall have been subscribed and
paid for.
ARTICLE Nv.
The corporate powers of said corpora
ton shall be vested in and exercised by
a board of directors of Eve 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. {.
Lenahan, with w. J. Powell. president
w. G.. Downs As vice president. and w
]. Powell as secretary 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
oual;6ed. On the said day Of Januar,
1910, and annually thereafter, \ boare
of directors shall Be elected. unless sale
date shall be q legal holiday, in which
event the first day thereafter. Notice o
the said election shall be given BY te'
days notice published in one OF the pub
lie newspapers published in said Parish
The board of directors shall appoint on
or more stockholders to preside at s',cl
election. Any failure. from any caus
whatever, TO hold such meetings or Z
elect said board OF directors on the d.