The Caucasian. (Shreveport, La.) 1900-192?, 1909-10-10

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lana. who declared that availing them
srlves OF the provisions Of the laws of
the State of Louisiana, and especially
of Act Is of 1904, relative to the or
ganization of corporations, they have
agreed, and do by these presents agree
and bind themselves, as we'll as ali
other persons as may hereafter become
associated with them, to form and con-
stitute a corporation and body poIitici
in law, for the purposes and objects and
under the stipulations, 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 domicilc 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 H.
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 a 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 a 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
Of 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
of its business, and to make and estab-
fish such bylaws, rules and regulations
for the proper management Of its af-
fairs as it may deem necessary, and the
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 ".
y The capital stock of this corporation
: is hereby fixed at fifty thousand dollars
=. divided into shares of one hundred dol
I lars each, which shall be paid for at the
time of the issuance of any stock, ant
{ said stock may be issued at par fo1
| money, goods or property or for serv
: ices rendered and performed as The
board of directors may determine. Nc
stockhoIder shall sell or transfer hi:
stock in this company until after ter
( days written notice to the president, OF
other officers, during which time tht
t other stockholders shall have the RICH
to purchase said stock; but all transfers
: of stock shall be made on the books O.
Il the company at its office. The said cor
: poration shall be authorized to com
mence business as soon as three thous
: and dollars of the capital stock has beer
subscribed and paid for.
l. ARTICLE.
The affairs of this corporation shall
be managed by a board of director!
composed of three stockholders, two O.
u whom shall constitute quorum for the
. transaction of business, said board O.
Il directors to be elected annually at (;
Il general meeting of the stockholders or
u the first Monday in September of the
,. year 1910, and annually thereafter; al
i directors to hold office until their ste
cessors shall have been elected and in
" stalled, and the failure to hold an cleo
= ton shall not have the effect of vacat
Il ing such offices. Each share of stool
: shall be entitled to one vote at al
It stockholders meetings, cast by its owne
in person or by written proxy, and tht
majority of votes shall prevail at al
meetings.
ARTICLE VI.
The charter of this corporation may
' be amended at special meeting calico
for that purpose and according to law
or the said corporation may be dis
solved at meeting called after ter
: days written notice given to the stock
y holders by registered mail, and notice
thereof published in some newspape
}. published at its domic;le, by a two
: thirds vote of the stock issued and out
B standing, said notice to state the objec
= of the meeting so called. Whenever
=, the corporation shall be dissolved b.
: limitation or otherwise, its affairs shall