The Caucasian., 1909-08-15
CHARTER
OF THE YELLOW PINE LUMBER
COMPANY LIMITED.

W II remembered tldt on THIS the I5tn
Gay of July A. D. 1909, personally came
and appeared before me, Roland Will
Hanson, notary public in and for said
Parish and State, w. Q. Briee, r. A.
Grain and F. G. Fulkerson, all Of full
age, and all residents of Caddo Parish,
Louisiana, who declare that, availing
themselves of the provisions of the laws
of the State of Louisiana relative to
corporations, and especially of Act No.
78 of 1904, of the General Assembly of
Louisiana, they have covenanted and
agreed, and do by these presents cove
nant and agree and bind themselves, as
well as such other persons as may here
after become associated with them, to
form and constitute corporation and
body polite in law for the purposes and
objects, and under the stipulations, ar
ticles and conditions following, to-wit: :
ARTICLE /.
The name and title of said corpora
tion shall be YELLOW PINE LUM-
BER COMPANY LIMITED, and its
domicile is hereby established in Shreye
port, State of Louisiana; and under its
corporate name said corporation shall
have the power 10 contract, sue and be
sued, to make and use corporate seal,
and the same to break and alter at pleas
ure; to hold, receive, have, purchase,
improve, ALLEVIATE, convey, sell, borrow,
pledge, mortgage and hypothecate under
its corporate name, property, real per-
sonal and mixed; to name and appoint
such officers, directors, managers and
agents or employees as the interest or
convenience of the corporation may re-
quire; to make and establish bylaws,
rules and regulations for the proper
management and regulation of its af-
fairs as may be deemed necessary and
proper, and the same to alter and
change at pleasure; and to do all other
acts and things permitted by law, or
shall be necessary and proper to carry
out the objects and purposes of this
corporation. Said corporation, unless
sooner dissolved in accordance with its
charter, shall exist and continue for a
period Of ninety years from and
after the date hereof The president or
in his absence the vice president shall
be the proper person upon whom cita-
ton or other legal process shall be
served
ARTICLE II.
The objects and purposes of this cor
poration are hereby declared to be to
buy and sell lands OF timber, lumber and
lumber contracts TO manufacture and
sell lumber; to acquire and operate saw
and planning mills; 10 conduct general
saw mill and planning business; to con.
struct and own trans, logging roads and
equipments, dry kilns. and to do all
tlsings necessary in the saw and planning
mill business, and 10 conduct general
merchandise business, buying and selling
merchandise, and to buy, improve, sci
and lease real estate, urban and rural
wherever situated to build houses II
Shtepeport and at such other points a:
the directors may see fit, ard in genera
to do any and all things and conduct al
manner Of business necessary or Incl
dental to the carrying out of the objects
above set forth.
ARTICLE III
The capital stock of said corporation
shall be ten thousand ($Ioooc) dollars
divided into and represented by one
hundred (Iool shares of one hundred
($roo) dollars each, which said stool
shall be paid for in cash or its equiva'
lent at the time Of subscription, or ths
same may be issued, at not less than par
ii payment or exchange for property oi
rights actually received OF purchased B,
said corpofatioll OF the same may b
issue dull paid for money advanced ant
for other valuable considerations d
services as the board Of directors of sal
corporation may determine, provided
that no stock shall be issued until tlii
consideration thereof has been received
by said corporation Any stockholde
may sell, assign Of transfer his stock il
This corporation, provided thirty (so.
days prior notice Of such intention b,
given the company. and the stcckheadtr
thereof shall have the FIRST privilege o
purchasing same, after which thirt,
Eso) days notice the stock may be sol,
IN open market The stock of this cor
poration may be transferred under th'
above conditions, provided such transfel
thereof may be made on the books o
tic company a its Office in Shreveport
Ia, and on surrender Of the certihcat'
thereof No transfer Of any fractiona
part 81 i share shall be made. This cor
poration shall commence doing busires
aes soon as thirty-one hundred dollar
sfoooo) Of its capital stock has beer
subscribed for and paid in. The boar'
81 directors shall have the right to de
ferfnine how much stock shall be issued