The Caucasian. (Shreveport, La.) 1900-192?, 1909-02-18
CHARTER
OF THE w. II. POWELL LUMBER
COMPANY.

COMPANY.
State of Louisiana, Parish Of Caddo:
Be it known. that on this the 10Th day Of
January 1909. before me. A. B. Freyer,
= notary public in and for the said Par
ish and State, duly qualified, commits
stoned and sworn, and i'll presence of the
witnesses hereinafter named and under
signed. came and appeared the several
pc, sons whose names are hereunto sub
scribed. who declared that, availing
themselves Of the provisions OF the law
Of this State relative to the organization
Of corporations, they have covenanted
and agreed. and BY these presents do
covenant and agree. and bind themselves
and those who may hereafter become
associated with them. to form and con-
stitute 4 body polite in law for the OBJ
jects and purpose and under the articles
and stipulations following. So-wit.
ARTICLE l.
The name and style Of this corporation
shall be w. H. POWELL LUMBER
COMPANY, and under ito said name it
shall have power and authority to con-
tract, to sue and be sued; p make and
use a corporate seal, and IT, came to
alter or break At pleasure; to hold, re-
ceive. purchase. ALLEVIATE, convey. cell.
pledge, mortgage, hypothecate or lease
property, real, personal or mixed; to
name and appoint such officers. direct
ors. agents and employees as the inter-
ests and convenience Of the said corpor~
alton may require: to make and estab-
lish bylaws, rules and regulations for
the proper management Of it's affairs as
may be deemed necessary and proper.
and the same to alter or change at pleas-
ure; and generally to do al other acts
and things necessary and proper to car
~ out the objects and purposes Of ssid
corporation.
This corporation unless sooner dis
solved as hereinafter provided for. shall
exist and continue for q period of
ninety -nins (sp) years from and after
the date hereof.
All citation and other legal process
shall be served upon the president. or in
his absence. upon the vice president. or
in their absence, upon the secretary
treasurer, at the domicile Of the COM.
pany. which shall be and u hereby de-
elared to be in the City OF Shreveport,
Caddo Parish. Louisiana.
ARTICLE II.
The objects and purposes for which
this corporation il organized and the
nature of the business to be carried on
by it are declared to be: To buy and sell
land or timber and lumber and timber
contracts, to manufacture and sell lum-
Der, to acquire and operate saw and
planning mills and to conduct q general
saw mill and planning mill business, to
eonstruee and own frame. logging roads
and equipments, dry kline. and to do ell
things necessary in the cav and planning
mill business, and to conduct . general
merchandise business, buying and selling
merchandise.
Article ILL.,
The eeeital ssoek Of thia eesporsiio0
shalI 10 sAry thexaanA dellar& divided
ineo and rsereaaasea By three hundred
sharss ct The pAr vslws g e0e HUNDRED
(Q1oo) dellars saah. whiah seock ahall
hs paid Aer in easA q IN Dsossrty, riohta
and ersdi,e sct,,ally rsosivsA BY said
corperaeien at time Of sxAacrip6on Of
whan called fer b. ~ hoard Of direct
ors Of dia corporation, previded that nc
stock ehAll bsfiasusl until he coosidsra-
ton thesfor hss been recsived by ssid
corporatioa.
| The corporation Is authorized b com
mence business when oil at ~ eeoca
(&3o,ooo) shah have been subscribel and
paid for.
| AkI1\>kA Nv.
The corporate Dowera Of sail corpora
ton shall be veseed u and exercised b
board Of direetors Of i've 50 cock
holdefs. The following persons seal
constitute the 6rst board q dneetsss
viz: w. H. Powell. w. J. Powell. w
IC. Downs, N. A. Ayres and w. C.
| enahaan. with w. H. Powell president
w. c. Downs - vice presideat, and W
J. Powell a secretary-treasarer III
said officers and direetors shall holt
their o(iee until tn secoad day OF jan
uary A. D. 1910, or until their sueces
sors shalt have been daily elected AM
qualified. On the said day Of Januas!
1910, and annually thereafter, . boef'
lof directors shall Be elected, unless sai'
date shall b . legal holiday. n whiel
event the Arst day thereafter. Notice .
1.-The said election dAaN ~ Oivea ~ u
days notice published In one oS he pus
lie newspapers published !. said Psrisl
The board Of directors ahail ep1oint On