The Caucasian. (Shreveport, La.) 1900-192?, 1909-03-25
CHARTER
or THE CHARLES r. BALL LUM
BIER COMPANY.

Before me. the undersigned authority.
per sonaly came and appeared Charlie,
K. Ball. Mrs NJ B. Hurst. widow.
] S. Welsh, George 4 Saucr and W.
K Logan. who declared to me that
they do hereby organize and form a
under the laws Of the State
of louisiana. for the objects and pur
poses and under the stipulations as
herein set out. to-wit:
ARTICLE I.
The name OF this corporation shall he.
CHARLES r BALL LUMBER CON-
PANI, under which SAID corporation
shall have succession for a period of
fifty years. unless sooner dissolved as
hereinafter provided. Said corporation
shall have and S,ioy all Of the rights
and powers granted to corporations OF
its kind under the law
ARTICLE II,
be in the City Of Shreveport. Caddo
Parish. Louisiana. and citation and
other legal process shall be served on
its president. or in his absence on any
officer of the company at its Office.
ARTICLE Ill.
The purposes for which this corpora
ton is formed and the nature OF the
business to be carried on by 1t are
hereby declared to he the purchase and
sale of lumber and all kinds of building
and construction material. aud also.
should the board of directors sec proper.
of building material. and in order to
carry out such purposes. the purchase
and operation of saw mills. planning
mills and the building and operation of
tram roads. railroads. telegraph and
telephone lines. with the power to do
such other things as may be necessary
to carry on sucl, business. including the
conducting of a general merchandise
and supply business in connection with
the operation of the saw mill business.
ARTICLE ".
The capital stock Of this corporation
is hereby fixed at the sum of fifty
thousand ($5o.ooo) dollars, divided into
FIVE hundred shares of the par value of
one hundred ($1oo) dollars each. the
corporation to- begin business when
thirty thousand dollars Of the capital
stock is subscribed and paid in. said
stock to be paid for in cash or III prop
erty or service of its equivalent in such
manner as the board of directors may
determine.
ARTICLE Y.
The corporate powers OF this cor
poration shall be vested in a hoard OF
directors to be composed Of three
stockholders. which board shall be elect
ed annually on the first Monday in
April. The directors shall elect the Of
ficers, which shall consist of president
vice president. secretary-treasurer. and
the first board shall consist of Charles
r. Ball, who shall be president; VIM.
r. Logan, who shall be vice president
and J. S. Welsh. who shall be secre-
|tary-treasurer. all of whom shall serve
until the first Monday in April 1910
or until their successors are elected
Vacancies occurring i'll the board OF
directors shall be filled by the remain
ing directors. The directors shall be
elected by the stockholders. each share
of stock to be entitled to one vote, to be
cast by its owner in person or by proxy.
and the majority of votes shall elect :.
The board of directors shall make all
such rules and regulations for the man
agement of the business as they shall
deem necessary and expedient
ARTICLE VI
Notice of all stockholders meetings
shall either be published ten DAYS prior
thereto i'll one of the newspapers of the
City of Shreveport, or sucl, notice
mailed by the secretary ten days before
such meeting to each member Of the
company to the address as shown by
the corporation s books The charter of
this corporation may be modified or
amended. or said corporation dissolved.
with the consent of the majority of the
amount of capital stock represented at
a meeting of the stockholders convened
for that purpose Whenever this cor
poration is dissolved, by limitation or
ore, wise. it shall be liquidated by two
commissioners elected by the stockhold-
ers. who shall have full power and att
thcr'ty to wind up its affairs. settle its
liabilities and distribute the remaining
;.rt .e,ds among the creditors and Sick
holders.
ARTICLE VII
No stakeholder shall ever be liable
for the contracts or faults of this cor
poration in any further sum than the
unpaid balance due to the company on
shares of stock subscribed for, nor shall
any mere informally in organization
have the efferf If renderiny THE sha rf>e