The Caucasian. (Shreveport, La.) 1900-192?, 1909-12-02
CHART En-
OF NEW SOUTH LAND COM
PANY.

be 1t remembered that on this the 18th
day of November 1909, before me, John
ID. Wilkinson, a notary public for and
in said Parish and State, personally
came and appeared Wilbur A. Jones and
George Z. Gilmer, residents of said Par
ish and State, and Ed D. Stuart, a res
ident of the City of DeQueen, Arkan-
sas, who stated and declared TO me,
notary, that avaiiing themselves of the
Constitution and laws of the State of
Louisiana, they have formed and do by
these presents form themselves, as we'll
as such others as may hereafter become
associated with them, into 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-wit:
ARTICLE L.
The name and title of this corpora
ton shall be NEW SOUTH LAND
COMPANY" with it's 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-
vidrd. 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. i
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 10 do ali things pertain
ing to the saw mill business; to conduct
a general merchandise business and to
buy, operate, cultivate, lease and sell
real estate, urban or rural, wherever
situated to bore or drill oil or gas
wells; to construct. own and operate
reservoirs or other receptacles for oil
or gas or means for oil or gas trans.
portation; to buy and sell oil ard to
conduct all manner of business rieces-
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 ($5oooooo), divided into FIVE hum
bred shares of the par value Of one
laundred dollars each, and said shares OF
stock shall be issued only for cash,
services or property received by the
company before the issuance of said
shares, and this corporation shall COM
mence business whenever forty thous-
and ($4o,ooooo) dollars Of said capital.
is subscribed and paid for.
ARTICLE nv.
The affairs of this corporation shall
be managed by a board OF directors
consisting Of three stockholders, who
shall be elected annually on the first
Monday in January OF each year ct a
stockholders meeting held for that pur-
pose after written notice to each stock
holder addressed to him at his post
Office address through the mails; any
vacancy occurring in the board Of d.
rectors shall be filed BY the remaining
directors electing another stockholder
for such vacancy. Until an election II
held in January 1910 the following
stockholders shall constitute a beard Of
directors: Wilbur A. Jones. who shall
be president; Ed. D. Stuart, who shall
be vice president, and George e. elmer,
who shall be secretary. The board of
directors shall hold their Offices until
another board Of directors Is elected
and installed.
ARTICLE "
This charter may be amended or this
corporation dissolved by vote Of three
fourths of the stock at a meeting called
for that purpose in accordance with
the laws OF the State Of Louisiana.
When dissolved, whether by limitation
or by act OF the stockholders. its af-
fairs shall be iiquidated and settled by
one Iiquidator selected BY the stock
holders, who shall perform such service
and have such powers relating 70 the
liquidation Of this corporation as may
be delegated to him by the stockhoid-
Iers 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 ef its property
as its board of directors may determine,
to appoint such managers. directors and
Officers rs their interests may require,
and the same to be discharged 1t pleas
ure. and to make and establish such
/ hv-iavs for fhe nrreef sssssz0arnenf III