The Caucasian. (Shreveport, La.) 1900-192?, 1909-09-05
CHARTER
OF THE YELLOW PINE LUMBER
COMPANY LIMITED.

Be it remembered that on this the 18th |
day of July A. D. 1000, personally came
and appeared before me, Roland Will
hanson, notary public in and for said
Parish and State, w. Q. 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
well 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 stipulations, ar
ticles and conditions following, towit
ARTICLE l.
The name and title of said corpora
ton shall be YELLOW PINE LUM-
Der COMPANY LIMITED, and its
domicile 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-
auire; to make and establish bylaws,
rules and regulations for the proper
management and regulation OF its at
fairs as may be deemed necessary aud
| proper, and the same to alter and
/ change at pleasure; and to do all other
! acts and things permitted by law, OF
shall be necessary and proper to carry
, ont the objects and purposes of this
{ corporation. Said corporation, miles:
sooner dissolved in accordance with it:
, charter, shall exist and continue for Z
; period of ninety-nine years from ant
|, after the date hereof. The president Of
: in his absence the vice president shall
: be the proper person upon whom c1ta
{ ton or, other legal process shall BIZ
: served.
i ARTICLE IL
The objects and purposes of this cor
: poration are hereby declared to be t
i buy and sell lands or timber, lumber ans
1 lumber contracts; TO manufacture AM
. sell lumber to acquire and operate saw
and planning mills; to conduct genera
i saw mill and planning business to con
4 strict and own trans, logging roads ant
4 equipments, dry kilns, and to do al
! things necessary in the saw and planning
I mill business, and TO conduct genera
: merchandise business, buying and selling
merchandise, and to buy, improve, sci
r and lease real estate, urban and rural
i wherever situated to build houses il
+ Shreveport and at such other points a
4 the directors may see fit, and in genera
! TO do any. and ali things and conduct al
: manner of business necessary or Incl
n dental TO the carrying out Of the object
above set forth. atsi,
i ARTICLE III.
!. The capital stock of said corporation
! shall be ten thousand ($1o,oso) dollars
4 divided into and represented by on
e hundred (1oo) shares of one hundre
4 $1,000 dollars each, which said stoc
4 shall Be paid for i'll cash or its equiya
lent at the time Of subscription, or tn
- same MAY be issued, at not less than pal
A in payment or exchange for property Q
- rights actually received or purchased b
: said corporation, or the same may B
!. issue dfu1i paid for money advanced an
! for other. valuable considerations {
services as the board Of directors of sal
Il corporation may determine, provide
! that no stock shall be issued until til
J. consideration thereof has been receive
by said corporation. Any stockholdt
!. may sell, assign or transfer his stock !
ii this corporation, provided thirty GO
Il days prior notice Of such intention
q given the company, and the stockholm
A thereof shall have the first privilege
purchasing same. after which thiri
+ (.so) days notice the stock may be sol
! in open market. The stock OF this col
poration may be transferred under II
. above conditions. provided such transft
i thereof may be made on the books {
the company at its Office in Shevepot
: La, and Oh surrender Of the certifcat
thereof No transfer of any fractions
), part of a share shall be made. This Co
poration shall commence doing busine
aes soon as tilirty-one hundred dollai
i. (S31ooooJ of its capital stock has bee
al subscribed for and paid in. The boat
4. of directors shall have the right TO d