The Caucasian. (Shreveport, La.) 1900-192?, 1910-04-17
CHARTER
OF THE B. F. CHILCUTT LUMBER
COMPANY.

State of Louisiana, Parish of Caddo ::
Be it remembered that on this the end
day of April in the year of our Lord one
thousand nine hundred and ten (IoIo),
before me, F. A. Blanchard, a notary
public in and for the Parish of Caddo,
State of Louisiana, duly commissioned
and qualified, personally came and. ap-
peared the persons whose names are
herernto signed, each of whom declared
unto me in the presence of the under
signed attesting witnesses, that avai1ing
themselves of the laws of the State of
louisiana relative to the formation of
corporations, they do hereby organize
themselves, their successors and all 9TH
ers that may hereafter associate them
selves herein, into and create q. corpora
ton, and do hereby adopt the following
articles as the charter thereof to gov
ern themselves and such others as may
become associated with them or who
may succeed them:
ARTICLE /.
The name and style of said corpora
ton is THE B. F. CHILCUTT LUM-
Der COMPANY, with its domicile in
the City Of Shreveport, in said Parish
and State, and all legal process shall be
served on its president, or in his alb
sence at the office of said corporation
at its don1icile and under its corporate
name it shall have the authority to sue
and be sued, and the president shall
have authority to institute all legal pro-
ceedings necessary; it shall have au-
thority to adopt and use a corporate
seal, and the same to break or change
lat pleasure.
ARTICLE II.
The purpose for which this corpora
ton is established and the nature of the
business to be carried on by it are here
BY declared to be to buy and sell timber
and timber lands; to buy and sell lurn-
Der at wholesale; TO buy and sell 1um-
Der on commission; to buy, build and
operate saw and planning mills, rail
roads, tramways, and to conduct gen
eral merchandise business, and to do
any and all things connected with or in
cident to any or ali of its purposes.
ARTICLE III.
The capital stock of this corporation
is hereby fixed at ten thousand dol
dars ($Io,ooo.oo) divided into one hun
bred shares of one hundred ($Ioo) dol
lars each, which shall be paid for in
cash, or BY the transfer of property or
labor performed. as may be approved
by its board of directors and resolu-
ton of the board of directors of this
corporation that the consideration given
for any stock is fair and adequate shall
be conclusive evidence that it is such.
1t shall commence business whenever
three thousand $4,000 dollars of its
capital stock IS subscribed for, and all
stock issued by it shall be non-assess-
able. The balance of the capital stock
shall not be sold or disposed of except
by resolution of the board of directors.
ARTICLE ".
The affairs of this corporation shall
be managed and controlled by a board
of directors consisting Of three stock
holders who shall be elected at a stock
holders meeting held in the Office of the
company on the first Monday in April
of each year by the stockholders at a
meeting called for that purpose, each
share of stock owned and controlled
shall be entitled TO one vote, whether
cast in person or by written proxy, and
in all meetings of the stockholders a
majority Of the stock represented at
said meeting shall control. Until the
election shall be held in April 1911, the
following persons shall constitute the
board of directors OF this corporation
viz: B. F. Chilcutt, E. H. Gl1ilcutt and