The Caucasian. (Shreveport, La.) 1900-192?, 1909-10-12
CHARTER
OF THE PELICAN LUMBER COM
PANY.

ldIIfN }. LOOuey, notary pubic IN ana |
for the said Parish and State, duly
commissioned and qualified, personally
came and appeared r. S. Ayers and L.
N. Crisp, residents of the Parish of
CaddC, and w. J. Crow, a resident of
the Parish Of Lincoln, State of Louis
lana, who declared that availing them
selves of the provisions of the laws of
the State of Louisiana, and especially
of Act 70 Of 1904, relative to the or
ganlzatlon of corporations, they have
agreed, and do by these presents agree
and bind themselves, as we'll as all
other persons as may hereafter become
| associated with them, to form and con-
stitute a corporation and body polite
in law, for the purposes and objects and
under the stipulations, articles and con-
ditions following, to-wit:
ARTICLE l.
The name and style of this corpora
ton shall be the PELICAN LUMBER
COMPANY, and its domcile shall be
and is hereby fixed at the City of
Shreveport, Caddo Parish, Louisiana,
where all citations and other legal pro-
cess shall be served on the president, or
in the event of his absence, on the vice
president, or secretary treasurer.
ARTICLE II.
The object for which this corpora
ton is organized and the nature of the
business to be carried on by it is hereby
declared to be to buy and sell lands,
timber or lumber; to manufacture and
to sell lumber either at retail or whole
sale; to acquire and operate saw mills
and planning mills to conduct general
saw mill and planning mill business; to
construct and own trans, logging roads
and equipment, dry l1ilns, and to do any
and all things pertaining to the saw mil
business and to conduct a general mar.
chandise business, buying and selling
merchandise; and to buy and improve
sell and lease, real estate, urban Or ru
raj wherever situated; to do any ant
all things pertaining or incidental to tht
carving on of the business the object
OF Wt7icf-afe set forth above.
ARTICLE III.
This corporation shall have the powe
to contract, sue and be sued to max
and use a corporate seal and the sam
to alter or break at pleasure; to hole
receive, purchase, improve, alienat'
pledge. mortgage and hypothecate unde
under its corporate name in the conduc
Of its business, and to make and estaf
1ish such bylaws, rules and regulation
for the proper management of its al
fairs as it may deem necessary, and tn
same to amend and alter at pleasure
i; to enjoy all other privileges and in
: uunities given by law to corporation
Il organized for similar purposes.
ARTICLE ".
The capital stock of this corporate
is hereby fixed at fifty thousand dollar
divided into shares of one hundred dc
= lars each, which shall be paid for at t
time of the issuance of any stock, al
said stock may be issued at par Il
: money. goods or property or Tor ser
n ices rendered and performed as t
q hoard of directors may determine. I
stakeholder shall sell or transfer
~ stock in this company until after t
laws written notice to the president,
other officers. during which time
other stockholders shall have the ris
to purchase said stock; but all transit
) nj stock shall be made on the books
the company at its Office. The said c.
noration shall be authorized to co
rnencs business as soon as three tho
nc and dollars of the capital stock has b.
subscribed and paid for
ARTICLE V.
The affairs Of this corporation 81
he managed by a board OF direct
-- composed of three stockholders, TWO
whom shall constitute "a quorum tof
& tr,,saction Of business, said board
~ directors to be elected annually a
General meeting of the stockholders
The first Monday in September OF
year 1910, and annually thereafter;
directors to hold office until their
cessors shall have been elected and
Stalled and the failure to hold an E
,ce t;on shall not have the effect OF va
'Se ing such offices. Each share OF s
shall Be entitled to one vote at
stockholders meetings, cast by its o'
Its in person or by written proxy and
majority of votes shall prevail at
meetings.
- ARTICLE VI.
The charter of this corporation
be amended at special meeting c
ST. for that purpose and according 70
Of the said corporation may be
solved at meeting called after