The Caucasian. (Shreveport, La.) 1900-192?, 1910-02-03
CHARTER
OF THE LODWICK LUMBER COM
PANY.


in and for said Parish and State, dull,
commissioned and sworn, PERSONAL,
came and appeared S. B. Hicks, J. T
Wutrsbaugh and S. H. Ford, resident
OF said Parish and State, who stated ant
declared to me, notary, that awaiting
themselves of the Constitution and law.
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 corporation and body
corporate and have adopted as their
charter and act of incorporation thu
following, to-wit:
ARTICLE I.
The name and title of this corporation
is hereby declared to be THE LODI
WICK LUMBER COMPANY" AMI
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 on 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 tranways, railway or other means
of conveyance as may be necessary in
the manufacture and sale of lumber and
its products.
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. Ali 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 a 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 filled by the
directors e1ecting 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
irer. 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
shed and this corporation may be dis
solved on complying with the laws of |
he State of Louisiana by vote of two
birds of the capital stock voting at al
meeting called for that purpose, and in
all stockholders meetings each share of
stock shall be entitled to one vote to be
,ast by its owner in person or by proxy. |
When this corporation is dissolved by
limitation or otherwise, its affairs shall
De liquidated by a Iquidator elected b.
he stockholders and who shall give silcf
bond and perform such duties as thel
said stockholders may prescribe.
ARTICLE VI.
No stockhofder of this corporation
shall ever be held liable for the con
racts or faults thereof in any greater
sum than the value of his stock, and no
mere informally shall have the effect
IF rendering this charter null or of ex
losing a stakeholder to any greater liza
1ility than the amount due on his stock
In testimony whereof, said parties
rave hereunto subscribed their names inI
}: essence of me. notary, and the two at
.esting competent witnesses on this the
18th day of January 1910.
S. B. HICKS.
J. 7. WURTSBAUGH. |
F. H. FORD.
Attest:
B. DILLINGHAM;.
S. E. WATSON.
JOHN D. WILKINSON, |
Notary Public. |