The Caucasian., 1909-12-19
CHARTER
OF NEW SOUTH LAND COM,
PANY.

D. Wilkinson, a notary pubic TOT anu
in said Parish and State, personally
came and appeared Wilbur A. Jones and
George E. Gilmer, residents of said Par
ish and State, and Ed. D, Stuart, res
ident of the City of DeQueen, Arkan-
sas, who stated and declared to me,
notary, that availing themselves of the
Constitution and laws of the State ct
Louisiana, they have formed and do by
these presents form themselves, as well
as such others as may hereafter become
associated with them, into a corporation
and body polite under the name and
for the purposes hereinafter stated and
have adopted as their charter and act
of incorporation the following, to-w1t:
.- ARTICLE I.
The name and title of this corpora
ton shall be NEW SOUTH LAND
COMPANY" with its domicile at the
City of Shreveport, in the Parish OF
Caddo, and under its corporate name it
shall have and enjoy succession for
period of twenty-five years, unless
sooner dissolved as hereinafter pro-
vided All legal process shall be served
on its president, or in his absence on
the vice president, at the office of the
company at its domicile.
ARTICLE II.
The purposes for which this corpora
ton is established, and the nature of the
business to be carried on by it is hereby
declared to be to buy and sell lands,
timber and lumber, to manufacture and
sell lumber, either at wholesale Or re-
tail; to acquire and operate saw and
planning mills; to construct, own and
operate tram roads, logging roads and
dry kilns, and to do all things pertain
ing to the saw mill business; to conduct
la general merchandise business and tc
buy, operate, cultivate, lease and sci
real estate, urban or rural, wherever
situated; to bore or drill oil or ga:
wells; to construct, own and operate
reservoirs or other receptacles for OF
or gas or means for oil or gas trans
portation; to buy and sell oil and tt
conduct all manner of business neces
sary to the carrying out of these pur
poses,
ARTICLE III
The capital stock of this corporation
, is hereby fixed at fifty thousand dol
lars ($5o,ooooo), divided into five hun
dred shares of the par yalue of on
hundred dollars each, and said shares o
stock shall be issued only for casf
services or property received by tn
! company before the issuance of sal
shares, and this corporation shall com
mence business whenever forty thous
and CS4o,oooo)i dollars of said capita
is subscribed and paid for,
ARTICLE ".
Il The affairs of this corporation sha
> be managed BY a board Of director
/ consisting Of thee stockholders. VIII
5 shall be elected annually on the fir
! Monday in Taruary of each year at
tsgockhdlders meeting held for that pru
/ trose after written notice to each stoct
1 Ibolder addressed to him al his pos
atflce address through the mails; az
y yte,acanry occurring in the board OF d
irectors shall re filed BY the remainn
: -Isiirectors elect5ng another stockholde
Efor such vacancy Uniil an election
iheld in January 1910 the followin
!stockholjers' shall constitute a board {
dreutors Valbur A. Jones, who She.
HE president, Ed D. Stuart. who sha
Ebe wee president, and George E. Cline
I-who, shall be secretary The board c
directors shall hold their offices unt
anodher board of directors is electe
. and installed
Il ARTICLE v.
81 This charter may be amended or thi
, Ecrerporation dissolved by vote of three
fotArths Of the stock at meeting calle
I for chat purpose in accordance Wit
fthe laws of the State Of Louisiana
EWlien dissolved, whether by limitation
or By act of the stockholders, its af
fairs shall be isquidated and settled b,
one 9iquidator selected by the stock
holders. who shall perform such seryic,
:, and have such powers relating to tht
liquidation of this corporation as NAV
,tbe delegated TO him by the .tockhold
ers of this corporation.
/ ARTICLE VI.
This corporation shall have the power
TO sue and BE sued; to own both real
and personal property to lease, mort
gage or dispose of any of its property
I as its board OF directors may determine,
TO appoint such managers, directors and
officers as their interests may require.
land the same to be discharged at pleas
ure, and to make and establish such
bylaws for the proper management of
! the affairs Of the corporation as may
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