The Caucasian. (Shreveport, La.) 1900-192?, 1910-02-13
CHARTER
OF THE LODWICK LUMBER COM
PANY.

State of Louisiana, Parish of Caddo
Be it remembered. that this day before
me, John D. Wilkinson, notary public
in and for said Parish and State, duly
commissioned and sworn, personally
. came and appeared S. B. Hicks, ]. T.
Wutrsbaugh and S. II. 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 we'll as such 9th
ers as may hereafter become associated
with them, into corporation and body
corporate and have adopted as their
eharter 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 Its domici1e is
fixed at the City Of Shreveport in said
Parish and State, and all legal process
shall be served on the president, or in
his absence on the vice president of the
company
ARTICLE II.
The purposes for which this corpora
lion is formed and its objects are here
by declared to be to own, Esanufacture,
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.
ARTICLE TT.
The capital stock of this corporation
is hereby fixed at fifty thousand dollars
divided into i've hundred shares of one
hundred dollars each, and it shall com
mence business and become a 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.
ARTICLE ".
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 stock
holders meeting called for that pur
pose, but shall hold their Offices until
their successors are elected and in
stalled. Any vacancy occurring in the
board of directors shall be filed by the
remaining directors electing stock
holder for the unexpired term. Until
the first election hereunder in January
1917, the following shall constitute the
board of directors: S. B. Hicks, who
shall be president; J. T. Wurtsbaugh,
who shall be vice president, and F. II.
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 sley deem best, and shall have
power to adopt such By laws, rules and
regulations as may be necessary. and the
seme to alter or charge AZ pleasure.
ARTICLE v.
S This charter may be amended or abo1
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
meeting called for tlat purpose, and I'M
all stockholders meetings each share Of {
stock snail be entitled TO one vote to be
cast by its owner in person or by proxy. 4
When this corporation IS dissolved by I
limitation or otherwise, its affairs shall
be hquidated by liquidator elected b.
the stockholders and who shall give such I
bond and perform such duties as the c
said stockholders NAV prescribe
ARTICLE VI 5
No stoekholder Of this corporation {
shall eye, IS held liable for the con.
tracts or faults thereof IN any greater S
sum tlaf z value his stock, ard no v
mere inl sits sam have the effect S