The Caucasian., 1910-02-06
CHARTER
OF THE LODWICK LUMBER COM
PANY.

Be it remembered that this day before
me, John D. Wilkinson, a notary public
in and for said Parish and State, duly
commissioned and sworn, personally
came and appeared S. B. Hicks, J. T,
Wutrsbaugh and S. H. Ford, residents
! of said Parish and State, who stated and
declared to me, notary, that availing
themselves of the Constitution and laws
of the State of Louisiana relating to the
formation of corporations, they have
formed themselves, as well as such 9th
ers as may hereafter become associated
with them, into a corporation and body
corporate and have adopted as their
charter and act of incorporation the
following, to-wit:
ARTICLE |.
The name and title of this corporation
is hereby declared to be THE LODI
WICK LUMBER COMPANY" and
under said corporate name it shall have
and enjoy succession for a period of
fifty years, unless sooner dissolved as
hereinafter provided. It's domicile is
fixed at the City of Shreveport in said
Parish and State, and all legal process
shall be served OF the president, or in
his absence on the vice president of the
company.
ARTICLE II.
The purposes for which this corpora
ton is formed and its objects are here
by declared to be to own, manufacture
buy and sell lumber and lumber pro-
ducts, timber and timber lands, and to
that end to acquire, own, lease, and ope-
rate saw mills planning mills and other
means for manufacturing lumber, with
such tramways, railway or other means
of conveyance as may be necessary in
the manufacture and sale of lumber and
its products.
u ARTICLE III.
The capital stock of this corporation
is hereby fixed at fifty thousand dollars
divided into FIVE hundred shares of one
hundred dollars each, and it shall com,
mence business and become going con-
Germ whenever twenty thousand dollars
of its capital stock is subscribed and
paid for All stock shall be fully paid
when issued, and shall be issued only
for cash, labor performed or property
received, as the board of directors may
decide.
hPTTTT z IN
The affairs of this corporation shall
be managed by board of directors con-
sisting of three stockholders who shall
be elected annually on the third Mon
day of January of each year at a stock
holders meeting called for that eur
pose, but shall hold their Offices until
their successors are elected and in
stalled. Any vacancy occurring in the
board Of directors shall be filled by the
remaining directors electing a stock
holder for the unexpired term. Until
the first election hereunder in January
1911, the following shall constitute the
board of directors: S. B. Hicks, who
shall be president; ]. t. Wurtsbaugh
who shall be vice president, and F. H
Ford, who shall be secretary and treas
urer. The said board of directors shall
have power and authority to elect such
agents, clerks, managers or other EN-
ployes as they deem best, and shall have
power to adopt such bylaws, rules and
regulations as may be necessary, and the
same to alter or change at pleasure.
ARTICLE V.
This charter may be amended or abol-
ished and this corporation may be dis
solved on complying with the laws OF
the State of Louisiana by vote of two
thirds of the capital stock voting at a
meeting called for that purpose, and III
all stockholders meetings each share OF
stock shall be entitled to one vote to be
cast by its owner in person or by proxy.
When this corporation is dissolved by
limitation or otherwise, its affairs shall
be liquidated by lquidator elected b.
the stockholders and who shall give siich
bond and perform such duties as the
SAID stockholders may prescribe.
ARTICLE vi.
No stockhofder of this corporation
shall ever be held liable for the con.
tracts or faults thereof in any greater
sum than the value of his stock, and no
mere informally shall have the effect
of rendering this charter null or of ex
fosing a stockholder to any greater La
bility than the amount due on his stock.
In testimony whereof, said parties
Rave hereunto subscribed their names in
I p: essence of me, notary, and the two at
testing competent witnesses on this The
25th day of January 1910.
HICKS
J. T. WURTSBAUGH.
f. H. FORD.