The Colfax chronicle. [volume] (Colfax, Grant Parish, La.) 1877-1981, 1910-07-09
CHARTER
Colfax Hardwood Lumber
Company.
UNITED STATES OF AMERICA,
STATE OF LOUISIANA,
PARISH OF GRANT.
VILLAGE OF COLFAX.

formed is declared to be coifax Hardwood Lbr.
Co., aud it's domicile IL hereby fixed and estab-
lished In the Village Of Coifax, Parish Of Grant,
and State Of Louisiana. where. by said name. 1t
shall have and enjoy corporate succession for
period OF ninety mine (s9} years from and after
the date hereof. unless sooner dissolved by law
or In the manner hereinafter stipulated
ARTICLE III.
Under said name and style the said corpora
ton shall have power to contract and be con-
tracted with. sue and be sued: to make and use
a corporate seal and to alter and change same
at pleasure: to adopt. make and enforce such
bylaws. rules and regulations for its government
as IL may chose not contrary to the laws OF the
United States. this State or this charter; to en-
ploy and Ak the compensation Of such Officers,
employees and agents az the interest Of the cor
poration may suggest; to purchase. own. lease,
receive. hold and convey as well as mortgage,
pledge and hypothecate property both real. per-
sonai and mixed: to acquire construct and OPP
crate mills and factories; to manufacture lumber
and timber products Of all kinds; and to oper-
ate In connection with their manufacturing
plants and their timber and timber land pur-
chases commissaries and general mercantile
business and to buy and sell all classes OF goods,
wares and merchandise as may be desired In con-
nection with such commissaries; to build. equip.
own and operate railroad and steamboat lines
to be used in connection with the lumber busi
mesa In which 1t may be engaged; to own, sell,
lease. improve and cultivate farms and farming
lands. and generally TO do any and all acts and
things Whatsoever necessary and proper OF Incl
dent to the successful operation OF the business
outlined In the objects and purposes OF this cor
poration.
The objects and purposes for which this cor
poration 10 organized are TO conduct general
wholesale and retail lumber business and the
manufacture and sale Of timber products acquir-
ed or Manufactured In conusction Herewith,
which business y to be conducted mainly at or
near the Village of Colfax. the parish OF Grant
and state Of Louisiana. and otherwise at such
other place a. the corporation may determine:
to estsbIIsh at said places plants for the manu-
iacture of lumber and timber products; to man
ufacture, buy and sell timber and timber lands.
lumber, barrels. slaves and other timber pro-
ducts Of every kind Whatsoever. as the corpora
ton shsll chose; to have and to own all and
singular the necessary appurtenances. appli-
auces stock, wagons. implements and all other
things Whatsoever that may be necessary In the
conduct of said business: to operate In connec-
ton with said manufacturing plant and timber
land purchases. be il made OF acquired. commits
saries, and to conduct a general mercantile busi-
ness In connection Herewith. with power TO buy.
own and sell goods. wares and merchandise Of
every kind Whatsoever; and to buy. lease hold.
develop and eel timber and timber lands: to
build. construct. own. maintain and operate
roads and roadways and steamboat lines. and
other modes and means Of conveyance. to be
used In the connection with the said timber. tim
Der lands, lumber and timber products; TO own.
improve, lease. cell and operate farms and farm
ing lands, and TO conduct In connection there
with Z general planting business and to harm or
| have same Harmed ~ and IN such way and man
| her a. the corporation sees At and proper.
"a ARTICLE Nv.
| All citations or other legal process shall be
served upon the president ,of the corporation,
and in his absence upon the vice-president. and
In the absence Of both, upon the secretary treas
urer. at the domicile Of said corporation a.
"s'''. ARTICLE
| The capital stock Of this corporation is hereby
| dxed at the sum Of FIFTY THOUSAND
1850. soO.eol DOLLARS. to be divided into nv'
hundred (5oo) shares Of q par value Of one hun
dred (S1000Q) Dollars EACH provided that TIL.
corporation may become going concsrn and
begin to transact businesses soon as twenty-6v.
thousand SIS 600 00) dollars Of capital stool
shall be subscribed for and fully paid In. In thu
manner hereinafter stipulated No stock shall
be issued for less than par, aud none OF 1t shall
able services rendered said corporation. and ns
certificate Of stock shall Issue until the SAM
shall have been fully paid for In the foregoing
manner.
An corporate power Of this corporation shall
be vested In a board of directors, composed o
ave (5) stockholders, and majority Of sail
tien Of business. Said directors shall be annu
ally elected at general meeting OF the stock
holders Of The said corporation. to be held snnu
ally on the istdsy Of July Of each year or %
holiday, or az soon thereafter as is practicable
Notice OF said meeting and election shall be Civ
en- In writing and sent BY mall. addressed to tn
postofiice address OF each stockholder OF recor
on the books OF the corporation. at least hftee
1i5l DAYS prior to said meeting and election. b
the secretary-treasurer Of the corporation; tn
directors elected at such q meeting shall hol
once for q term OF one l.) year. or until thel
| successors shall have been elected und Qualide
Is such. Each stockholder OF record ON th
books OF said corporation shall De entitled :
proxy, one vote for each share OF stock held
him, and the majority of votes cast at such
meeting shall elect or decide all questions befoI
It. Any vacancg occurring from any cause
the board OF directors between the dates Of th
annual meeting herein provided. shall be hlle
| By the remaining members OF the board Of dire
tors; Immediately after their election. the boar ;
from among their number president. vice pres
dent. general manager. secretary and treas
rer. provided however. that the once OF pres
decide may be held by the same person. an
the ofices Of secretary and treasurer, II the dire
tors SO desire. may be held by one person. IT
to each once Oiled as usually pertain theret
and as may be further provided by the 6y-l
Of this corporation. to be hereinafter adopte
. S Of the ss iss sg
ISeptember. 1910, subject to the foregoing prov
ions: until that time the following persons sht
compose the Arst board Of directors. to-wI
G, H. Sheriff. Il. v. Sheriff. A. s. Sheriff., w.
Untsi that time or until their suscsssovs sh.
have been duly slsvtsd. 4; 2, Shsvrtll shall
prss!dset sacFF ses! 2. f, = ~. n a
dent. snd G. H. Shsrrill shall BE- ttsasursr OF u
ARTICLE VII.
This corporation may BE- dissolved with q
consent OF fhrse-fourths M Of the stock prese
at special mssting called Tor that purposs ait
thirty 1901 days noties OF the holding Of such
nesting, BY publication In oue Of the newspane
published In C0lfax. in the parish Of Grant Sta
Of Louisiana. and thirty tsob days written notl
Of such meeting having been mailed to 90
stock holder at his postoflce address By the =
rotary -trsaaurer of this corporation.
This charter msy be amended or altered In q
respect authorised ~ Law By complying vi
the laws of thin state relative TO snch amen
ment In existence 1t the time such amsndme
or alteration II made. whenever this eorpoI
tion n dissolved. either BY limitation or fro
any other cause. Its affairs shall be iiquidsted
thrss com missIoners elected for that purpose
the stockbolders Of said corporation. at geo
| al meeting con vened and held for that purpo
Said commissioners shall be chosen from amo
the stockh oiders and shall remain in once I'M
the affairs Of the corporation shall be fully .
tied and liQuidated. and In the event Of the des
or resignation OF one or mOrs OF them. the d
vivors or survivor shah continue to act.
ARTICLE VIII.