The Caucasian. (Shreveport, La.) 1900-192?, 1909-01-21

persons whose names are here,ntO Sub
scrbed, who declared that awaiting
themselves of Che provisions of the law
o1 ahs StAc relative to the organization
o6 corporations, they have covena,'tet
and agreed. and by these presents D.
covenant and agree. and bind themselves
| and those who may hereafter become
fassocaeed with them to form and con
stituec body polite in law for the OBJ
Y lects and purposes and under the articles
and stipulations following, to-wit.
ARTICLE {.
The name and style of this corporation
fshaI1 be W. H. POWELL LUMBER
COMPANY, and under its said name il
! shall have power and authority to con
ttract, to sue and be sued: to make and
/ use corporate seal. and the same to
1alter or break at pleasure; to hold. re
ceive, purchase, ALLEVIATE, convey, sell
tpledge. mortgage, hypothecatc or lease
property, real personal or mixed; tc
name and appoint such officers, direct
| tors, agents and employees as the inter
ests and convenience of the said ccrpor
alton may require: to make and estab-
llish bylaws. rules and regulations for
1.-THE proper management of its affairs as
may be deemed necessary and proper
land the same to alter or change at pleas
(ure: and generally to do all other acts
il and things necessary and proper to car
ry out the objects and purposes of said
corporation.
This corporation unless sooner dis
solved as hereinafter provided for, shal
exist and continue for period OF
ninety y-nine 600 years from and after
! the date hereof.
All citation and other legal process
shall be served upon the president, or il
This absence, upon the vice president, OF
lin their absence. upon the secretary
Itreasurer, at the domicilc Of the com
panv, which shall be and is hereby de
clared 70 be in the City OF Shreveport
Caddo Parish. Louisiana.
ARTICLE II.
The ohjecxs and purposes for whicl
this corporation is organized and tn,
nature of the business to bc carried o,
kby it are declared to be: To buy and sci
}land or timber and lumber and timber
contracts. to manufacture and sell lum
ber. to acquire and operate saw anc
= 1planing mills and to conduct genera
saw mill and planning mill business. t.
construct and own trans, logging road
and equipments, dry kilns. and to do al
Things necessary in the saw and planlnt
Imill business, and to conduct genera
tmerchandise business. buying and selling
merchandise.
ARTICLE ILL.,
The capital stock of this corporation
shall be thirty thousand dollars. divided
into and represented by three hundred
shares of the par value of one hundred
| ($Ioo) dollars EACH which stock shal
3be paid for in cash or in property, right
and credits actually received by salt
Icorporation at time of subscri ption o
lwhen called for by the board Of direct
ors of this corporation, provided that H.
stock shall be issued until the considera
Alton therfor has been received by sal
Icorporation.
The corporation is authorized to con
mence business when all of the stoc
l($3o.0o) shall have been subscribed an
lpaid for
| ARTICLE ".
I The corporate powers of said corpor;
ftion shall be vested in and exercised t
Ia board of directors Of five 60 stool
holders. The following persons sha
constitute the first board of director
viz: w H. Powell. w J. Powell, Y
&C. Downs, N A. Ayres and W {
Lenahan, with W. J. Powell presiden
w. c. Downs as vice president, and V
III. Powell as secretary treasurer. II
= said officers and directors shall no
: their Office until the second day Of Jal
: uary A. d. 1910. or until their succe
: sors shall have been duly elected ar
qualified. On the said day of Janual