The Comrade. (Winnfield, La.) 1890-1914, 1910-06-03

prove, ALLEVIATE, borrow, pledge, mortgage and
hypOthecate under its said corporate name
property, real. personal and mixed; to namo
and appoint such officers, directors, agents aud
| managers or employees as the interest or con-
yenience of said corporation may require; to
make and establish bylaws, rules and regula-
tons for the proper management and regula-s
ton OF its officers as may be deemed necessary.
ana proper and the same to change and altar at
pleasure; and to do all other acts and things
permitted by law or as shall or may be neces-t
sary and proper to carry out the purposes and
objects of said corporation.
Said corporation, unless sooner dissolved, lin
accordance with this charter shall exist and
continue tor period Of fifty (50) years from
and after the date hereof.
The president, or in his absence the vice.
president, shall be the proper person upon
whom citation Or other legal process shall Ebe
ARTICLE II.
The objects for which this corporation is or
ganlzed aud the nature Of the business to be:
carried on by it are declared to be the follow
ing, to-wit: 81
TO buy and sell on terms Of cash or credit,
lands OF every description, including timber;
to buy and sell timber of every class and lind
buy and sell saw mills at any and all places; to
ouiia and equip railroad for the purpose. of
hauling and transporting timber, lumber, etc.,
ana to carry on general saw mill business in
all OF its branches; and to do all things a..ces-
sary or convenient in carrying out the pur-
poses aforesaid. 4 80
ARTICLE III.
The capital stock of said corporation shall be
Fifty Thousand Dollars, divided into and REM:
resented by five hundred (50O) shares of the
sum of One Hundred Dollars each which said
STOCK shall be paid for in cash at the time Of
subscription or the same be issued at not less
IN IMAM Par IN payment of exchange for property
I1yy 49,
sag corporation, or the same may be issued
1uii PAID for money advanced, and for such
other valuable considerations or services as
the board OF directors of said corporation may
G iss1sd PRGy1DED that no stock shall be-
been received by the said corporation. The
STOCK Of said corporation may be transferred
provided such transfer be made on the books Of
sad company at it's Office at Winfield, LOUISE
ana, and only on surrender OF certificate there
i io properly endorsed; but no transfer Of any
FRACTIONAL part of share shall be made Il I.
THIS corporation shall commence doing busi-S
ness as soon as Five Thousand Dollars OF capi-
tai stock shall have been subscribed for The
Board OF Directors shall have tho right to de-
termlne upon the amount and to whom addi-
tlonal stock shall be issued.
ARTICLE w.
The corporate affairs OF this company shall be
vested in and exercised by a Board OF Five Isl D
Directors who shall elect from their own num-
Der president, o vice president, treasurer and
secretary Three Of said board of directors
SNAIL constitute quorum for transaction OF B
business ana their decisions shall be valid COR
~ avg e uees. me once OF treasurer and any
b siiad az s., 49,. oices o. tn1s company may
.u M,s oo. ~ u directors SO elects. "a.
frat ~ ao,aoMlng persons shall constitute the
n ntsI poatu ~ airectors: d. o.. Couch.
NJ nsr,c, e Gouch, =. u Brown, =. oWn
ofoorp s, snai De giple IS dlrector or an
nanu ~ - 4ioo q stocRholdef o. inns CONF
pamn ~: !. Is. 81.
=; ',sas; tue ABSENCE OF the presidents, the
WYE ~ !: pr y snall act ana preside.
~ ~ Doaaa snatl commune IN office until the
a nna tnesuay IN January 1911 on which date
snaiI De elected py the stockh0lder unless the
ss,a11 sn1uia DC MONDAY, when the election
Mnt: " nelu on uhe next legal Day
iatie - sucn eiect.on snall De pub
tlus.aeal u any newspaper bilshed gin the
~ ~. u Winnnela preceding the election by
IN or arm poaId VI snai
inuie seucKnoluers 70 preside At sucng
the fa;1nra - the
sp ~
4 s'iall Wy appolntment TIC Vacaney
aat!u1e ioL Ahy cause
u,,t d;eso1 Ge sy naeu ior that
~ "a M
ssnra 81 naa Aoaa over un.illheir sue,
son,nanu a. that o,lceIs q salds
mil tbs hna ~ ~ sna
r, snch o,,ont !, ~
sYsne, thS president snail cause all1
sb e.xcson 70 oe nela within thirty
nron id Ao'lce thereo1 as nerelnbetore
pi AZ erarn !, -,
holder shall be entitled Is vote }Sr each
nv ~ ms name ana Yots
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