The Caucasian. (Shreveport, La.) 1900-192?, 1909-11-16
CHARTER
OF THE CLEAR CREEK LUMBER
COMPANY.

known that on this goth day of October
in the year of Our Lord one thousand
nine hundred and nine, before me, F.. A.
Blanchard, notary public in and for
said parish and State, duly commits
stoned and qualified, on this day person
ally came and appeared A. L. Franklin,
S. H. Bolinger and B. H. Bolinger, each
of whom declared unto me in the pres
ence of the hereinafter named and I'M
dersigned competent witnesses, that
awaiting themselves of the laws of the
State of Louisiana relative to the for
nation of corporations, they do hereby
organize themselves into and create a
corporation, and adopt the following
articles as the charter thereof to govern
themselves and such others as may be-
come associated with or succeed them.
ARTICLE I.
The name and title of said corporation
is THE CLEAR CREEK LUMBER
COMPANY.
ARTICLE II.
Its domicile is declared to be in the
City of Shreveport, Parish of Caddo,
and State of Louisiana.
ARTICLE III.
The duration of said corporation shall
be a period of ninety years from
the date hereof.
ARTICLE ".
The purposes for which said corpor-
alton is established and the nature Of
the business to be carried on by it are:
To buy and sell timber lands; to man
ufacture, buy and sell lumber; to buy,
build and operate saw and planning mill
plants, railroads, telegraph and tele-
graph lines and to conduct general
merchandise business; and to do all
things connected with Or incident to any
or all of said purposes.
ARTICLE V.
Every citation or other legal process
shall be served upon the president, and
in his absence on the secretary-treas-
urer.
ARTICLE VI.
The amount of capital stock of this
corporation which this corporation is
authorized to issue is one hundred thou
sand ($Ioo,ooooo) dollars, divided into
two thousand shares of the par value
of ffay ($5ooo dollars each. This
corporation is authorized to commence
business as such when eight hundred
(8oo) shares of its capital stock shall
have been subscribed and paid for. No
certificate of stock shall be issued until
full payment is made therefor, which
may be by money, property, services or
any other valuable consideration moving
to said corporation; and resolution of
the board of directors of this corpora
| ton that the consideration given for
any stock is fair and adequate shall be
conclusive evidence that it is such; but
no stock shall be issued for less than
| the par value thereof The remaining
stock shall be placed on the market at
such times and in such blocks as the
| majority of the stockholders deem for
the best interests of the corporation, the
existing stockholders in all cases being
allowed sixty days within which to pur-
chase the same at par in the proportion
of their holdings by preference over all
| other purchasers.
ARTICLE VII.
The board of directors of this cor
| poration shall be composed of not less
than five stockholders, who shall be
elected at each annual meeting of the
stockholders for the ensuing year; the
board of directors shall have authority
to adopt a set of bylaws for the regu-
lation of the business of this corpora
| ton, to adopt a corporate seal, to by
] pothecate or dispose of any portion OF
! the property of said corporation for
such consideration and on such terms
/ of payment as it may deem advisable
to direct and control the officers and
| employees of the corporation; to pass all
rules and regulations which it may
deem necessary for the conduct of the
affairs of said corporation; and to vest
in general manager by resolution all
or any part of the powers given by this
charter to the board of directors.
/ ARTICLE VIII.
The officers of this corporation until
the first annual meeting of the board OF
directors on the fifteenth day of Janu-
airy 1911, are: S. H. Bolinger, president
IB. H. Bolinger, vice president; and A
IL. Franklin, secretary-treasurer, who
shall constitute its first board of direc-
Itors. At the end of their term of Office
1.-THE officers of said corporation shall b
Ilelected by the board of directors. The
Irregular annual meeting of the stock
| holders shall be held on the fifteenth o.
January of each year.
i ARTICLE TX.
+ No stockhoIder of this corporation