The Caucasian. (Shreveport, La.) 1900-192?, 1909-02-16
CHARTER
OF THE w. H. POWELL LUMBER
COMPANY.

W." I AN L.
State of Louisiana, Parish Of Caddo:
BE 1t known, that on this the 10TH day of
January 1909, before me, A. B. Frcyer,
a notary public in and for the said Par
'sh and State. duly qualified. commits
stoned and sworn. and in presence of the
witnesses hereinafter named and under
signed. came and appeared the several
pei sons whose names are hereuntO sub
scribcd. 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
jects and purposes and under the articles
and stipulations following, to-wit
ARTICLE l.
The name and style Of this corporation
shall be w. II. POWELL LUMBER
COMPANY, and under it's 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 or break at pleasure; to hold, re-
ceive, purchase. ALLEVIATE, convey, sell.
pledge. mortgage, hypothecate or lease
property, real. personal or mixed; to
name and appoint such officers, direct
ors, agents and employees @ 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 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 continu. for period of
ninety-nine (eo) 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 10 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 lum-
Der, to acquire and operate saw and
planning mills and to conduct general
saw mill and planning mill business. to
construet and own trans. logging roads
and equipments, dry kline, and to do oil
things necessary in the saw and planning
mill business, aud to conduct q general
merchandise business. buying and selling
merchandise.
ARTICLE III.
Ths capital stock Of this corporation
snall bs Thirty thousand dollars, divided
into and represented BY three hundred
shares Of the pat value q one hundred
(S1oo) dollars each. which stock shall
be paid for in cash Or In property. rights
and credits actually received by eaid
corporation at time Of suhacription or
when called for BY The board Of direct
ors Of this corporation. provided that no
stock shall be issued until the considsra-
ton therfor has been received BY said
corporation.
The corporation is authorized to com
mence business when al Of the stock
($3o,ooo) shall have been subscribed and
paid for.
article w.
ne CO5pOIaSe pO"Sso OA ss'O w.
ton shall be vested in and exercised by
board Of directors Of Eve 50 sock
holders. The following persons shall
constitute the first board Of DIRECTORY
viz: w. H. Powell. w. J. Powell. W
c. Downs. N A. Ayres and w. C.
| enahan, with W. H. Powell president
lW. c. Downs As vice president, and W
II. Powell a. secretary-treasarer. 1h>
said officers and directors shall hole
their office until the second day OF Jan
uary A. D. 1910, or until their success
l.ors shall have been duly elected ans
ouali6ed. On the said day OF Januar!
1910 and annually thereafter, . boas'
Of directors shall be elected, unless sal
date shall be 4 legal holiday, IN wh'e'
event the first day thereafter. Notice o
the said election Shall b given By to
days notice published in one OF the pm
lie newspapers published in said Parish
The hoard Of directors shail appoint On
Or more stockholders 70 preside At sue
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