The Colfax chronicle. [volume] (Colfax, Grant Parish, La.) 1877-1981, 1910-08-06
CHARTER
Colfax Hardwood Lumber
Company.
UNITED STATES OF AMERICA,
STATE OF LOUISIANA,
PARISH OF GRANT.
VILLAGE OF COLFAX.

ARTICLE l.
Ths name and style Of the corporation hereby
formed l. declared TO be Cellax t1ardwoed LIZ.
iished in the Village Of Collar. Parish Of Grant.
and State Of Louisiana. where, BY said name IL
shall have and enjoy corporate succession for a
the date hereof. unless sooner dissolved by Law
or In the manner hereinafter stipulated.
ARTICLE H.
Under said name and style the aaid corpora
ton shall have power to contract and be con-
tracted with. sue and be sued: to make and use
a corporate seal and to alter and change same
at pleasure; to adopt. make and enforce such
bylaws. rules and regulations for its government
United States. this State or this charter to en-
pl0y and tx the compensation of such ofdcern.
employees and agents az the interest Of the cor
poration may suggest; TO purchase. own. lease.
receive hold and convey, well mortgage,
pledge aud hypothecate property both REAL per-
sonal and mixed: to acquire. construct and op-
erate mills and factories to manufacture lumber
and timber products Of all kinds and to oper-
ate In connection with their maunfsrturiDR
plants and their, timber and timber land pur-
chases. eommissaries and general mercantile
WARES and merchandise ~ may be desired In con-
necticn with such commiesaries: to build equip
own and operate railroad and steamboat lines
to be used In connection with the lumber busi-
ness in which it may Be engaged: to own. sell,
lease. Improve and cultivate farms and farming
lands. and generally to do any and al acts and
dent to the successful operation 81 the business
outlined In the objects and purposes OF this cor
poration.
ARTICLE III.
The objects and purposes for which this cor
poration II organized are TO conduct q general
Wholesale and retail lumber businsss and the
manufacture and sale oAt!mber products acquir-
which buslnsss u to be conduetsd mainly 1t or
near the Village Of Cofnx In the parish OF 0sant
and state Of Loulsiana. and othsrwiss at such
to establish 1t said places plants for the manu-
iacturs Of lumber and timber products; to man.
ufacture. buy and sell timber and timber Isnds
lumber; bsrrels, stayss and other timber pro-
ton shall chose; to have and to own all and
singular the necessary appurtenances. appli-
ances, stock. wagons. implements and all other
things Whatsoever that may be necessary In the
conduct Of said business: to operate In conyec-
tion with said manufacturing plant and timber
land purchases. be IL made or acquired. commits
ness in ccnnectaon thersxitS. With power TO buy.
own and sell goods. wares and merchandise Of
every Kind Whatsoever: and to bug. lease. hold.
build. construrt own. maintain and operate
roads and roadwsys esd steambQat liuep. 6nd
other modes and means OF Conveyance. to Be-
Der lands. lumber and timber products: TO own.
improve. Iease, ell and operate farms and farm
ing lands. and to conduct In connection there
with q general planting business. and to farm or
her ~ the corporation sees nt and proper.
ARTICLE Nv.
All citations or other legal process shall be
served upon the president Of the corporation.
in the absence Of both. upon the secretary treas
urer. at the domicile Of said corporation -
herein liked
The capital stock Of this corporation Is hereby
fixed at the sum Of FIFTY THOUSAND
ts5e. eo0.o ol DOLLARS. to be divided into ave
hundred 1901 shares Of . par value Of one hum
dred {el0o0al pollars each. provided that this
corporation may become q going concern and
begin to trsnsact business soon a. twenty-five
thousand te2s. 00) dollars Of thecaptal stock
shall be subscribed for and fully paid In. In the
manner hereinafter stipulated No stock shall
be issued for lees than par, and none OF It shall
be paid for exceptin cash or property. or vaiu-
eerti6cats Of stock shslI issue until the sams
shall have been fully paid for In the foregoing
manner.
ARTICLE W.
An corporate power Of this corporation shal!
| nve (5b stockholders. and . majority Of said
board shall constitute quorum for tbefraneAc-
ton Of business Said directors shall be snnu-
holders OF the said corporation To be held aunu-
ally on the LIST day Of July OF each year. or the
following day In the event said day II legal
Notice OF said meeting and election shall BE- Civ
en- In writing and sent BY mall addressed to the
postof1ce address Of each stakeholder Of record
on the books Of the corporn ton. At least fifteen
| (15) days prior TO said meeting and eIestion BY
the secretary- TREASURER Of the corporation The
directors elerted at such meeting shall hold
once foe . terra Of one Cd year. or autll their
as such. Each stockholder Of recUrd on the
books Of said corporation shall be entitled to
cast at such meeting. either in person or by
Him. and the majority Of votes cast at such .
meeting shall eject decide all questsous before
It. Any vaeancr occurring from any cause In
the board Of directors between the dates Of the
annual meeting herein provided. shall be Allied
By the remaining members Of the board Of dfrec-
tors. Immediately aftes. their election. the board
Of directors just selected snail meet and elect
dent. general manager. SECRETARY and . trsasu.
rer. provided however. that the once Of presi
dent and general manager n the directors 90
the Ofices q sseretary and treasurer. & the irss
tors 80 desire. may be held BY one person. Ths
duties Of said ofieers shah Be- such with rsspeci
to each once ened: e usually pertain thereto
Of this corporation. to Be hereinafter adopted
The first annual meeting Of the stockholders o.
thla corporation shall be hold on the lst day o
Ions: until that time the following persons shall
c. II. sheriff. 81. v. skerril. A. s. sheriff.. y, !
Tnili that sins Or ustil tAs., suossssoss sssl
prssidsnt. Il. v eheFrtl eheu b sgasssl mana
SER and sserstsr1, c. 4. wsls shall b. viss psesi
dent. and c. b. sheriff. shall b TREASURER of thi1
corporation.
/ ARTICLE VII.
This corporation mar be dissolved With ths
consent Of thFse-eourths (X) Of the stock prsseni
a. special meeting called for that purpose sfteI
thirty f3o) days notice Of the holding OF such q
meeting. By Publication In one Of the newspsperI
pabsksd IN Collar. In the parish Of Grant. stat
Of Louisiana. ard thirty t3o} days written notics
OF ssch nesting having been mailed to each
stockholdef at bis posto1lce address, BY the rec
rotary treasurer Of this corporation.
TbinchArter mhy be amended or altered In AM
respect authoriCed BY Law BY complying with
the laws al t9b State relative to such amend
ment IN existence ~ the time such amendment
or alteration 10 msde Whenever this corpora
tion h Dissolved. sither By limitation or from
any other cause. it, Affairs shall be Hqnidated b,
thrgs commissioners. elected for that purpose b.
the stockholders Of said corporation. IT gpoer
II nesting convened and held for that puFposs
SAID commissioners shau b chosen from among
the stockholdeee and shall remain In once unit
the snafn Of the corporation shall b fully set
tied and IiQuidsted and In the event u the dsafl
or FeaignattOn OF ore more 81 them. the sur
| vfV0ru or RuryiyoF Al Al couffupe tn