The Caucasian. (Shreveport, La.) 1900-192?, 1909-03-30
CHARTER
OF THE CHARLES K. BALL LJM
Der COMPANY.

r. Ball, Mrs NJ. b. Hurst, widow
J. S. Welsh. George A. Sauer and w
K. Logan. who declared to me that
they do hereby organize and form i
corporation, under the laws Of the State
of Louisiana. for the objects and pur-
poses and under the stipuations As
herein set out, to-wit:
ARTICLE |.
The name of this corporation shall be
CHARLES Il. BALL LUMBER COM
PANI. under which said corporation
shall have succession for period OF
fifty years. unless sooner dissolved as
hereinafter provided Said corporation
shall have and enjoy all of the rights
and powers granted to corporations oi
its kind under the law.
ARTICLE II.
The domcile of said corporation shall
be III the City of Shreveport. Caddo
Parish. Louisiana. and citation and
other legal process shall be served on
its president, or in his absence on any
officer of the company at its office
ARTICLE III
The purposes for which this corpora
ton is formed and the nature OF the
business to he carried on by it are
hereby declared to be the purchase and
sale of lumber and all kinds of building
and construction material. and also,
should the hoard Of directors see proper,
the manufacture of lumber and all kinds
Of building material. and i'll order to
carry out such purposes, the purchase
and operation of saw mills, planning
mills and the building and operation Of
tram roads. railroads. telegraph and
telephone lines. with the power to do
such other things as may be necessary
to carry on such business. including the
conducting of general merchandise
and supply business i'll connection with
the operation of the saw mill business.
ARTICLE ".
The capital stock of this corporation
is hereby fixed at the sum of fifty
thousand ($5o.ooo) dollars, divided into
five hundred shares of the par value of
one hundred ($1oo) dollars each, the
to begin business when
thirty thousand dollars of the capital
stock is subscribed and paid in, said
stock to he paid for i'll cash or in prop
erty or service of its equivalent in such
manner as the board Of directors may
determine.
ARTICLE Y.
he corporate powers of this cor
pOration shall be vested in a board of
directors to be composed OF three
which board shall be elect
ed annually on the first Monday in
April. The directors shall elect the Of
ficers, which shall consist of president,
vice president. secretary-treasurer. and
the first board shall consist of Charles
R. Ball. who shall be president; VIM.
r. Logan, who shall be vice president,
and J. S. Welsh, who shall be secre-
all of whom shall serve
until the first Monday in April 1910,
Or until their successors are elected
Vacancies occurring in the board of
directors shall be filled by the remain
ing directors The directors shall be
elected by the stockholders. each share
# stock to be entitled to one vote, to be
:ast by its owner in person or by proxy,
md the majority of votes shall elect
The board of directors shall make all |
uch rules and regulations for the man
lgement of the business as they shall !
leem necessary and expedient.
ARTICLE VI.
Notice Of all stockholders meetings |
hall either be published ten days priors
hereto in one of the newspapers of the
lily Of Shreveport, or such notice
nailed by the secretary ten days before
UGH meeting to each member of the
ompany to the address as shown BY
he corporations books. The charter of
his corporation may be modified or
mended, or said corporation dissolved,
nth the consent of the majority of the
mount of capital stock represented at
meeting of the stockholders convened
or that purpose. Whenever this cor
Grafton is dissolved, by limitation or
.rcrwise, it shall be liquidated by two
elected by the stockhold-
rs who shall have full power and au-
hcr'ty to wind up its affairs, settle its
abilities and distribute the remaining
re tecds among the creditors aud s,ork-
o;ders. |;
ARTICLE VII
No stakeholder shall ever be liable
or the contracts or faults of this cor
grafton in any further sum than the
npaid balance due to the company on
1ares of stock subscribed for, nor shall j
ny mere informally in organization {
ave the effect of rendering this charter