The Caucasian. (Shreveport, La.) 1900-192?, 1909-09-02
CHARTER
OF THE YELLOW PINE LUMBER
COMPANY LIMITED.


Hanson, notary public in and for said
Parish and State, W. o. Brice, R. A.
Grain and F. G. Fulkerson, all of full
age, and all residents of Caddo Parish,
Louisiana, who declare that, availing
themselves of the provisions of the laws
of the State of Louisiana relative to
corporations, and especially of Act No.
Is of 1904, of the General Assembly of
Louisiana, they have covenanted and
agreed, and do by these presents cove
nant and agree and bind themselves, as
we'll as such other persons as may here
after become associated with them, to
form and constitute corporation and
body polite in law for the purposes and
objects, and under the stipulat1onS, ar
ticles and conditions following, to-wit:
ARTICLE l.
The name and title of said corpora
ton shall be YELLOW PINE LUM-
Der COMPANY LIMITED, and its
domici1e is hereby established in Shreve
port, State of Louisiana; and under its
corporate name said corporation shall
have the power to contract, sue and be
sued, to make and use corporate seal,
and the same to break and alter at pleas
ure; to hold, receive, have, purchase,
improve, ALLEVIATE, convey, sell, borrow,
pledge, mortgage and hypothecate under
its corporate name, property, real, per-
sonal and mixed; to name and appoint
such officers, directors, managers and
agents or employees as the interest or
convenience of the corporation may re-
quire; to make and establish bylaws,
rules and regulations for the proper
management and regulation of its af-
fairs as may be deemed necessary and
proper, and the same to alter and
| change at pleasure; and to do all other
acts and things permitted by law, or
shall be necessary and proper to carry
out the objects and purposes of this
corporation Said corporation, unless
| sooner dissolved in accordance with its
charter, shall exist and continue for a
period of ninety-nine years from and
after the date hereof. The president or
in his absence the vice president shall
be the proper person upon whom cita-
+. ton or other legal process shall be
| served.
ARTICLE II.
The objects and purposes of this cor
poration are hereby declared to be to
buy and sell lands or timber, lumber and
/ lumber contracts; to manufacture and
sell lumber; to acquire and operate saw
and planning mills; to conduct general
saw mill and planning business; to con-
struct 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 a general
merchandise business, buying and selling
merchandise, and to buy, improve, sell
and lease real estate, urban and rural,
wherever situated; to build houses in
Shreveport and at such other points as
the directors may see fit, and in general
to do any and all things and conduct all
manner of business necessary or Incl
dental to the carrying out of the objects
above set forth.
ARTICLE III.
The capital stock of said corporation
shall be ten thousand ($Io,oso) dollars,
divided into and represented by one
hundred (Ioo) shares of one hundred
($Ioo) dollars each, which said stock
shall be paid for in cash or its equiva-
lent at the time of subscription, or the
same may be issued, at not less than par
in payment or exchange for property or
rights actually received or purchased by
said corporation, or the same may be
issue dfull paid for money advanced and
for other valuable considerations OF
services as the board of directors of sal
corporation may determine, provided
that no stock shall be issued until the
consideration thereof has been received
by said corporation Any stakeholder
may sell, assign or transfer his stock in
this corporation, provided thirty (3o)
days prior notice of such intention be
given the company, and the stockholders
thereof shall have the first privilege Of
purchasing same, after which thirty
(3o) days notice the stock may be sole
in open market. The stock of this cor
poration may be transferred under the
above conditions, provided such transfer
thereof may be made on the books Of
the company at its Office in Shreveport
La, and on surrender of the certificate
thereof No transfer of any fractional
part of share shall be made This cor
poration shall commence doing bushes:
aes soon as thirty-one hundred dollars
/ ($31oooo) of its capital stock has beer
subscribed for and paid in. The board
of directors shall have the right to de.
termine how much stock shall be issued
ARTICLE Nv.
| The coroorafe MOWERS of fhic coua,