The Caucasian., 1909-01-31
CHARTER
OF THE w H. POWELL LUMBER
COMPANY.

state OF LOUISIANA. Parish Of (addo
Be it known. that on this the 18th ,lav Of
lahuary 1909, before me. A. b. Frever,
a notary public III and for the sad Par
ISL and State. duly qualified, cornmis
stoned and sworn. and IN presence Of the
witnesses hereinafter named and Under
signed, came and appeared the several
pei sons whose names are nereunro s,,h-
scribed, who declared that aya,llng
themselves Of the provisions OF tho law
Of this State relative to the organization
Of corporations. they have covena1,ted
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 body polite in law for the OBJ
jects and purposes and under the articles
and stipulations following. to-wit
ARTICLE [.
The name and style of this corporation
shall be w H. POWELL LUMBER
COMPANY. and under its said name it
shall have power and authority to con
tract. to sue and be sued: to make and
use corporate seal, and the same to
alter OF break at pleasure to hold re-
ceive. purchase ALLEVIATE. convey. sell.
pledge. mortgage. hypotilecate or lease
property real. personal or mixed. to
name and appoint such officers, direct
~
ests and convenience of the said corpor-
alton may require TO make and estab-
lish bylaws. rules and regulations for
the proper management OF ITS AFFAIRS as
may be deemed necessary and proper,
and the same to alter or change at pleas
ure: and generally to do all other acts
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, shall
exist and continue for a period OF
ninety nine (oo) 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 is hereby de-
clared to be in the City OF Shreveport,
Caddo Parish, Louisiana.
ARTICLE II.
The objects and purposes for which
this corporation is organized and the
nature of the business to be carried on
hy it are declared to be: To buy and sell
land or timber and lumber and timber
contracts, to manufacture and sell lum-
. her, to acquire and operate saw and
planning. mills and to conduct general
saw }.Iill and planning mill business. to
construct and own trans, logging roads
| and cauiqments. dry kilns, and to do all
J things necessary in the saw and plan'ng
mill business. and to conduct a general
merchandise business, buying and selling
merchandise.
ARTICLE III.
The capital stock of this corporation
shall be thirty thousand dollars, divided
into and represented by three hundred
4 shares of the par value of one hundred
fSfool dollars ecch. which stock shall
be paid for in cash or in property, rights
and credits actually received by SAID
u cofpur stion at time of subscription or
b shet1 called for by the board OF direct
L urs of this corporation, provided that no
S.ntock shall be issued until the considera-
ion therfor has been received by SAID
corporation.
The corporation is authorized to com
B 1lcfcc business when all of the stock
{$aopoo) shall have been subscribed and
i paid fof.
Article w.
The corporate powers of said corpora
IL iion. shall be vested in and exercised oy
hnarl Of directors of five Isl STOCK
|| ID hc1der.. The following persons shall
Ii constitute the first board OF directors
w. H. Powell, w. ]. Powell, w.
IL III Downs. N. A. Ayres and W. 4.
1,1 ,suahan, with w. ]. Powell, president ;
NV G. Downs as vice president. and w.
Powell as secretary-treasurer. nc
sgs anid officers and directors shall no'd
A<lr Office until the second day OF jan
suafy a. b. 1910, or until their success.
Il snes shall have been duly elected ana
\ e,n1i6ed. On this said day OF January
sorn and annually thereafter, boafo
"a directors shall be elected. unless sa'o
! ! q ~ shal1 be legal holiday, IN wnfcf,
I vel,t he first day thereafter. Notice OF
sEs - aid election shall be given Dy Ten
~ notice published in one OF the pun
|s newspapers published in said far'sh
he hoard Of directors shall appoint one
n 8 more stockholders to preside at sucn
rf;on. Any failure, from any cause