The Caucasian. (Shreveport, La.) 1900-192?, 1909-02-09
CHARTER
OF THE w. H. POWELL LUMRER
COMPANY.

Be it known, that on this the 18TH day of
January 1909, before me, A. B. Freyer,
a notary public i'll and for the said Par
fish and State. duly qualified, commits
Isioned and sworp, and i'll presence Of the
witnesses hereinafter named and under
signed, came and appeared the several
pei 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 body polite in law for the OBJ
Ijects and purposes and under the articles
and stipulations following. to-wit
| ARTICLE l.
The name and style of this corporation
shall be w. H. POWELL LUMBER
COMPANY, and under its said name it
Shall Have pONCI dlU duSuOAuy " NOAs
tract, to sue and be sued; to make and
use a corporate seal, and the same to
alter or break at pleasure; to hold, re-
|ceive, purchase, ALLEVIATE, convey. sell.
lpledge, mortgage, hypotheeate 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
1.-THE proper management Of its affairs ~
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
|corporatio:.
This corporation unless sooner dis
solved as hereinafter provided for. shall
exist and continue for a period OF
ninety-nine 800 year. from and after
the date hereof.
All citation and other legal proeess
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
PAW. 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
by it are declared to be: To buy and sell
land or timber and lumber and timber
contracts, to manufacture and sell lun-
Der, to acquire and operate saw and
|planing mills and to conduct general
saw mill and planning mill business, to
construct 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 general
merchandise business, buying and selling
merchandise
ARTICLE III.
The capital stock Of this corporation
shall be thirty thousand dollars. divided
into aud represented BY three hundred
Ishares of the par value of one hundred
(S1oo) dollars each, which stock shall
be paid for in cash OF in property, rights
land credits actually received by said
Incorporation at time OF subscription or
when called for by the board of direct
ors of this corporation, provided that no
Istock shall be issued until the considera-
|,ion therfor has been received by said
corporation.
. The corporation is authorized to COM
,nence business when all Of the stock
. $4,000 shall have been subscribed and
|paid for.
ARTICLE ".
: The corporate powers of said corpora
, |tion shall be vested in and exercised By
board of directors of FIVE 50 stock-
/ holders. The following persons shall
, constitute the first board Ct directors,
viz: w. H. Powell, w: J. Powell. W.
c. Downs, N. A. Ayres and w. c.
| erahan, with W. H. Powell president
w. c. Downs as vice president, and W.
II. Powell as secretary-treasurer. The
said officers and directors shall hold
their office until the second day of jan
+ uary A. D. 1910, or until their success
, sors shall have been duly elected and
qualified. On this said day of January
1910, and annually thereafter, board
of directors shall be elected, unless said
date shall be legal holiday, in which
event the first day thereafter. Notice o.
, the said election shall be given by ter
days notice published in one of the pub
lie newspapers published in said Parish
The board of directors shall appoint ont
y or more stockholders to preside at sucf
election. Any failure, from AM eaus'
whatever, to hold such meetings or Il
elect said board of directors on the d,
named for that purpose, shall not dis