The Caucasian. (Shreveport, La.) 1900-192?, 1909-07-18
CHARTER
OF THE YELLOW PINE LUMBER
COMPANY LIMITED.

Be it remembered that on this the 18th
day of July A. D. 1900, personally came
and appeared before me, Roland Viii
hanson, notary public in and for said
Parish and State, w. Q. Brice, R A
Grain and F. G. Fulkerson, all of full
age, and all residents of Caddo Parish
Louisiana, who declare that, awaiting
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, I'd
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 l.
The name and title of said corpora
ton shall be YELLOW PINE LUM-
Der COMPANY LIMITED. and its
domicile is hereby established in Shreve
port, State of Louisiana; and under its
corporate name said corporation shall
have the power to 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-
qeare; to make and establish bylaws,
rifles and regulations for the proper
management and@egulation 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
period of ninety-nine 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 IL.
The objects and purposes of this cor
poration are hereby declared to be to
buy and sell lands or timber, lumber and
lumber contracts; to manufacture and .
sell lumber; to acquire and operate saw
and planning mills; to conduct general /
saw mill and planning business; to con-
struct and own trans, logging roads and
equipments, dry kilns, and to do all
things necessary in the saw and planning
mill business, and to conduct a general
merchandise business, buying and selling
merchandise, and to buy, improve, sell
and lease real estate, urban and rural,
wherever situated; to build houses in
and at such other points as
the directors may see fit, and in general
to do any and all things and conduct all
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 ($Ioooo) dollars,
divided into and represented by one
hundred tIoo) shares of one hundred
($Ioo) dollars each, which said stock
shall be paid for in cash or its equiva-
ent at the time of subscription, or the
same may be issued, at not less than par,
IN payment or exchange for property or {
rights actually received or purchased by
said corporation, or the same may be
ssue dfull paid for money advanced and
for other valuable considerations or
services as the board of directors of sai"
may determine, provided
hat no stock shall be issued until the
thereof has been received
by said corporation. Any stakeholder
nay sell, assign or transfer his stock in
his corporation, provided thirty (3o)
lays prior notice of such intention be
given the company, and the stockholders
hereof shall have the first privilege of
same, after which thirty
(3o) days notice the stock may be sold
n open market. The stock of this cor
1oration may be transferred under the
lbove conditions, provided such transfer
hereof may be made. on the books of
he company at its Office in Shreveport,
Ia, and on surrender of the certificate
hereof. No transfer of any fractional
,art of a share shall be made. This cor
,oration shall commence doing business
les soon as thirty-one hundred dollars
,$31oo.oo) of its capital stock has been
subscribed for and Maid in The hoard ,