The Caucasian., 1910-01-30
CHART Err
OF THE R S. AYERS LUMBER
COMPANY.


COMPANY.
State of Louisiana, Parish Of CRddo:
Be it known, that on this the roth day
of january A. d. 1910, before me. Allen
Kendall, a notary public in and for the
Parish of Caddo, State Of Louisiana,
duly qualified, commissioned and sworn,
and in the presence of the witnesses
hereinafter named and undersigned,
came and appeared the several persons
whose names are hereunto subscribed,
who declared that, availing themselves
OF the provisions of the laws of this
State relative to the organization Of
corporations, they have covenanted and
agreed and by these presents do cove
nant and agree, and bind themselves
and those who may hereafter become
associated with them to form and CON
stitute body polite in law for the OBJ
ects and purposes and under the arti
cles and stipulations hereinafter stipu-
lated, towit:
ARTICLE /,
The name and style of this corpora
ton shall be the K. S. AYERS LUM-
BER COMPANY, and under its said
name it shall have the power and au
thority to contract; to sue and be sued ;
to make and use corporate seal, and
the same to alter or break at pleasure :
to hold, receive, have, purchase, alien
ate, convey, sell, pledge mortgage, hy-
pothecate or lease property, real, per-
sonal or mixed; to name and appoint
such officers, directors agents and en-
ployes as the interest and convenience
Of the corporation may require; to
make and establish bylaws, rules and
regulations for the proper management
of its affairs as may be deemed neces
sary and proper, and the same to alter
or change at pleasure; and generally to
do all other acts and things necessary
and proper to carry out the objects and
purposes of said corporation. This
corporation, unless sooner dissolved, as
hereinafter provided for, shall exist and
continue for period of ninety-nine
(oo) years from and after the date
hereof. All citation and other legal
processes shall be served upon the
president, OF in his absence upon the
vice president, or in their absence upon
the secretary-treasurer at the domicile
Of the company, which is hereby fixed
to be in the City of Shreveport, Caddo
Parish, Louisiana.
ARTICLE II.
The objects and purposes for which
this corporation is organized and the
nature of the business to be carried on
by it are declared to be: To manufac-
ture, buy and sell lumber, wholesale and
retail; build, operate, leSs and ac-
quire timber, timber lands, tramways,
saw mills and planning mills, and to do
all things necessary TO carry out the
objects and purposes of the corporation.
ARTICLE III.
The capital stock of this corporation
shall be fifty thousand ($5oooooo) dol
lars, divided into and represented by
five hundred (5oo) shares of the par
value Of one hundred (SIoooo) dollars
each, which stock shall be paid for in
cash or in property rights and credits
actually received By said corporation
when called for by the board Of direc-
tors, provided that no stock shall be is
sued until the consideration therefor
has been received by said corporation.
The said corporation shall begin Dus1
ness when forty (4o) shares Of the
capital stock shall have been subscribed
and paid for. No transfer Of stock shall
be binding on the corporation unless
made on its books al its office.
ARTICLE ".
The corporate powers Of said cor
poration shall Be vested iii and exer-
sised by a board Of directors Of three |
t3) stockholders. The following per-
sons shall constitute tie first board Of
directors: Messrs. r S. Ayers, L. N.
Crisp and A. BodenheinI with Mr. r.
S. Ayers, president; Mr. L. N. Crisp, |
vice president, and Mr. A Bodenheim,
treasurer In case Of any
vacancy occurs in the board Of direc-
tors as hereinbefore named prior to the