The Caucasian. (Shreveport, La.) 1900-192?, 1910-02-03
CHARTER
OF THE R. S. AYERS LUMBER
COMPANY.
Jan. ~. .

State of Louisiana, Parish of Csddo
| Be it known, that on this the 10th day
of January A. D. 1910, before me, Allen
Kendall, notary public in and for the
Parish of Caddo, State of Louisiana
duly qualified, commissioned and sworn,
and in the presence of the witnesses
hereinafter named and undersigned
came and appeared the several persons
whose names are hereunto subscribed,
who declared that, availing themselves
of the provisions of the laws of this
State relative to the organization of
corporations, they have covenanted and
agreed, and by these presents do cove
nant and agree, and bind themselves
and those who may hereafter become
associated with them to form and con-
stitute a body polite in law for the OBJ
jects and purposes and under the arti-
cles and stipulations hereinafter stipu-
lated, to-wit:
ARTICLE I.
The name and style of this corpora
ton shall be the R. S. AYERS LUM-
Der COMPANY, and under its said
name it shall have the power and au-
thority to contract; to sue and be sued;
to make and use corporate seal, and
the same to alter or break at pleasure;
to hold, receive, have, purchase, alien
ate, convey, sell, pledge, mortgage, by
pothecate or lease property, real, per-
sonal or mixed to name and appoint
such officers, directors, agents and en-
ployes as the interest and convenience
of the corporation may require; to
make apA establish bylaws, rules and
regulations for the proper management
of its affairs as may be deemed neees-
sary and proper, and the same to alter
Or change at pleasure; and generally to
do all other acts and things necessary
and proper to carry out the objects and
purposes of said corporation. This
corporation, unless sooner dissolved, as
hereinafter provided for, shall exist and
continue for a period of ninety-n
(oo) years from and after the date
hereof. All citation and other legal
processes shall be served upon the
president, or in his absence upon the
vice president, or in their absence upon
the secretary at the. donlicile
Of the company, which is hereby fixed
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 nanufac-
ture, buy and sell lumber, wholesale and
retail; build, operate, lease and ac-
quire timber, timber lands, tramways,
saw mills and planning mills, and to do |
all things necessary to carry Out the
objects and purposes of the corporation. |
ARTICLE III.
The capital stock of this corporation |
shall be fifty thousand ($5oooooo) dol
ars, divided into and represented by |
i've hundred (5oo) shares of the par
value of one hundred ($Ioo.oo) dollars
each, which stock shall be paid for in |
cash or in property, rights and credits
actually received by said corporation |
when called for by the board of direc-
.ors, provided that no stock shall be is
sued until the consideration therefor /
has been received by said corporation.
The said corporation shall begin busi-
ness when forty (4o) shares of the |
:apital stock shall have been subscribed !
and paid for No transfer of stock shall |
De binding on the corporation unless
made on its books at its office.
ARTICLE ".
The corporate powers of said COR
ooration shall be vested in and exer
Used by a board of directors of three
Cd stockholders. The following per-
sons shall constitute the first board of |
directors: Messrs. R. S. Ayers, L. N.
Crisp and A.. Bodenheim, with Mr.. R.
5. Ayers. president; Mr.. L. N. Crisp,
nee president, and Mr.. A. Bodenhei1n, |
secretary-treasurer. In case of any
vacancy occurs in the board of direc-
ors as hereinbefore named prior to the
expiration of the term, such vacancy |
shall be filed by the vote of the remain
ng directors of said corporation. The
said officers and directors shall hold
office until January 10, 1911, or until
heir successors are duly elected and in
stalled, which election shall take place
IN said date and annually thereafter.
Notice of the election of directors shall /
be given by ten (Io) days prior notice
published in one of the newspapers
published in said parish. The board of
directors shall appoint one or more
to preside at such election.
At all elections and stockholders meet |
ngs each stakeholder shall be entitled |
% one vote for each share of stock reg
L<>1f-rt e.f Al &s,,., i