The Caucasian. (Shreveport, La.) 1900-192?, 1909-10-31
CHARTER
OF THE PELICAN LUMBER COM
PANY.

State Of Louisiana. Parish Of Caddo
Be it remembered, that on this the 29tf
day of September one thousand nine
hundred and nine (rooo), before me
Frank J Looncy, notary public in and
for the said Parish and State, duly
commissioned and qualified, personally
came and appeared r. S. Ayers and l.
N. Crisp, residents OF the Parish oil
| CaddC. and w. J. Crow, resident OF
the Parish Of Lincoln, State al Louis
lana, who declared that availing them
selves of the provisions of the laws Of
the State Of Louisiana, and especially
of Act 70 of 1904, vslshivs to the or
ganization of corporations, they have
agreed, and do by these presents agree
and bind themselves, as well as all
other persons as may hereafter become
associated with thssa, to form and con
stitute a corporation and body polite
in law, for the purposes and objects AMI
under the stipulatiors, articles and con
ditions following, to-wit:
ARTICLE 1.
The name and style of this corpora
ton shall be the PELICAN LUMBER
| COMPANY, and its domicile 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 II.
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 OF 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 kins, and to do any
and all things pertaining to the saw mill
business, and to conduct general mar
chandise business, buying and selling
merchandise; and to buy and improve
sell and lease, real estate, urban OF ri.
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 III the eonduct
Of its business, and 20 make and esstb-
lish such bylaws, rules and regulation.
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
muhities given by law to corporations
organized for similar purposes.
4 ARTICLE ".
The capital stock of this corporation
is hereby fixed at fifty thousand dollars
divided into shares of one hundred dol
lars each, which shall be paid for at tht
time of the issuance of any stock, ant
said stock may Be issued at par fol
money, goods or property or for serv
ices rendered and performed as tn
board Of directors may determine. M
stoellholder shall sell or transfer hi
stock in this company until after tel
days written notice to the president, o.
other officers, during which time tn
other stockholders shall have the RICH
to purchase said stock; but all transfer
of stock shall be made on the books o
the company at its office The said cor
poration shall be authorized to com
mencs business as soon as three thous
and dollars Of the capital stock has beer
subscribed and paid for.
ARTICLE V.
i The affairs of this corporation shall
be managed by a board of director,
composed of three stockholders, two O.
whom shall constitute quorum for thu
transaction of business, said board O
directors to be elected annually at
| general meeting of the stockholders OF
the first Monday in September of the
year 1910, and annually thereafter; al
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 yacat-
ing such Offices. Each share Of stock
shall be entitled to one vote at all
stockholders meetings, cast by its owner
in person or by written proxy, and the
majority of votes shall prevail at all
ftneetings.
ARTICLE VI.
The charter of this corporation may
be amended at a special meeting called
for that purpose and according to law,
/ or the said corporation NAV he dis