The Caucasian. (Shreveport, La.) 1900-192?, 1909-02-11
CHARTER
OF THE w. H. POWELL LUMBER
COMPANY.

January 1909, before me, A. B. Freyer,
a notary public in and for the said Par
ish and State, duly qualified, commits
Isioned and sworn, and i'll presence of the
witnesses hereinafter named and under
signed, came and appeared the several
Ipel 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
|jects and purposes and under the articles
and stipulations following, to-wit.
| ARTICLE I.
The name and style OF this corporation
shall be w. II. POWELL LUMBER
COMPANY, and under its said name it
shall have power and authority to con-
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,
pledge, mortgage, hypothecate 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
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 die
solved as hereinafter provided for, shall
exist and continue 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 ::bsence. upon the vice president. or
in their absence, upon the secretary
treasurer. at the domieiie OF the com
pany, which shall be and is hereby de-
|elared to be in the City OF Shreveport
Caddn Parish. Louisiana.
ARTICLE H.
The objects and purposes for which
this corporation is organized and the
mature 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-
her, to acquire and operate saw and
planning 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 a general
merchandise business, buying and selling
merchandise
ARTICLE III.
The capital stock Of this corporation
.hall b thirty thousand dollars, divided
into and represented by three hundred
shares Of the par value of one hundred
(S1oo) dollars each, which stock shall
lbe paid for in cash Or in property, rights
and credits actually received by said
!: Incorporation at time OF subscription or
when called for by the board of direct
Iors Of this corporation, provided that no
stock shall be issued until the considera-
ton 1herfor has been received by said
corporation.
!. The corporation is authorized to COM
tmence business when all of the stock
. (sao,ooo) shall have been subscribed and
paid for.
Article w.
: The corporate powers of said corpora
, |tion shall be vested i'll and exercised by
board of directors of FIVE 50 stock
! holders. The following persons shall
constitute the first board Of directors
, 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
u. Powell as secretarytreasurer. Ink
said officers and directors shall hole
their Office until the second day of Jan
& uary A. D. 1910, or until their success
!, lsors shall have been duly elected ane
qualified. On tbs said day of Januar.
1910 and annually thereafter, boars
, of directors shall be elected, unless sait
date shall be a legal holiday, in which
event the first day thereafter. Notice o
. the said election shall be given by tel
= days notice published in one Of the pub
lie newspapers published in said Parish
! The board of directors shall appoint on
. Tor more stockholders to preside at sucl
election. Any failure, from an; caus
whatever, to hold such meetings or t
elect said board of directors on the da
=