The Caucasian. (Shreveport, La.) 1900-192?, 1910-02-27
CHARTER
OF THE LODWICK LUMBER COM
PANY.
tat. If o,1isiana, Parish a. Cad.io

PANY.
State of Louisiana, Parish % CadJo
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, ]. Is.
Wutrsbaugh and S. H. Ford, residents
# said Parish and State, who stated and
declared to me, notary, that avalllng
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 a corporation and body
corporate and have adopted as their
charter and act of incorporation the
following, to-Wit:
ARTICLE l.
TIE 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 period OF
fifty wears, unless sooner dissolved as
hereinafter provided. It's donlicile is
fixed at the City of Shreveport i'll said
Parish and State, and all legal process
shall be served on the president, or III
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 tc
that end to acquire, own, lease, and ope,
rate saw mills, PLAYING mills and Other
means for manufacturing lumber, witt
such tramways, railway or other mean:
of conveyance as may be necessary II
the manufacture and sale of lumber anc
its products. ~
ARTICLE III.
The capital stock of this corporation
is hereby fixed at fifty thousand dollars
divided into FIVE hundred shares of ont
hundred dollars each, and it shall com
| mence business and become going con-
Germ whenever twenty thousand dollar:
of its capital stock is subscribed anc
paid for. All stock shall be fully paic
when issued, and shall be issued ONLY
| for cash, labor performed or property
received, as the board of directors ma.
decide
ARTICLE ". Z.
The affairs of this corporation shal
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 our
pose, but shall hold their Offices unit
their successors are elected and in
stalled. Any vacancy occurring in TIL
board of directors shall be filled by tn
remaining directors electing stock
holder for the unexpired term. Unit
the first election hereunder in Januar.
1911, the following shall constitute tn
board Of directors: S. B. Hicks, VIII
shall be president; ]. T. Wurtsbaugh
who shall be vice president, and F. H
Ford, who shall be secretary and treas
| r c1,o II
have power and authority to elect Sue!
agents, clerks, managers or other EN-
ployes as they deem best, and shalt hav
power to adopt such bylaws, rules an
regulations as may be necessary, and til
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 0
the State of Louisiana by vote of two
thirds Of the capital stock voting at
meeting called for that purpose, and i
all stockholders meetings each share Q
stock shall be entitled to one vote to
cast by its owner in person or by proxy
When this corporation is dissolved b
limitation or otherwise, its affairs sha
be liquidated by liquidator elected b
the stockholders and who shall give sue
bond and perform such duties as tn
said stockholders may prescribe
ARTICLE VI.
No stakeholder of this corporation
shall ever be held liable for the con
tracts or faults thereof in any create
sum than the value of his stock, and n,
mere informality shall have the effec
of rendering this charter null or OF ex
fosing stakeholder to any greater LA
bility than the amount due on his stock
In testimony whereof, said partie
Rave hereunto subscribed their names i
p: essence of me, notary, and the two at
testing competent witnesses on this III
| 18th day of January 1910