The Caucasian. (Shreveport, La.) 1900-192?, 1910-02-20
CHARTER
or THE LoDWICK LUMBER CON-
PANY.

me John d. Wilkinson, a notary public |
ia and for said Parish and State, duly |
3 commissioned and sworn, personally |
.9came and appeared S. B. Hicks, ]. 7.
: Wutrsbaugh and S. II, Ford, residents
If said Parish and State, who stated and
declared to me, notary, that avaiing
themselves Of the Constitution and laws
Of the State of Louisiana relating 10 the
formation of corporations, they have
termed themselves, as well as such 9th
ers a. may hereafter become associated
with them, into corporation and body
corporate and have adopted as their
charter and act of incorporation the
following, to-wit
ARTICLE T.
Fae name and title of this cooperation
is hereby declared TO be THE LODI
WICK LUMBER COMPANY" and
uuder said corporate name it shall have
and enjoy succession for period of
hfty 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 H.
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 humber 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 tramways. 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-
cera whenever twenty thousand dollars
of it's capital stock is subscribed and
paid for. All stock shall be fully paid
when issued and shall be issued only
for cash, labor performed OF property
received, as the board Of directors may
decide.
ARTICLE ".
The affairs of this corporations 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 stock
holders meeting called for that fur
nose. but shalr hold their Offices until
their successors are elected and IN
stalled Any vacancy occurring in the
board Of directors shall be filled by the
remaining directors electing a stock
holder for the unexpired term Until
the first election hereunder in January
1911, the following shalt constitute the
board of directors: S. B. Hicks, who
shall be president, ]. t Wurtsbaugh
who shall be vice president, and I. H
Ford, who shall be secretary and treas.
urer. The said board Of directors shall
have power and authority to elect sucl
agents, clerks. managers or other en-
ployes as they deem best. and shall have
power to adopt such bylaws, rules ane
regulations as may be necessary, and the
same 10 alter or change at pleasure.
ARTICLE "
This charter may be amended or abol
ishel and this corporation may be dis
solved on complying with the laws O
the State Of Louisiana BY vote Of two
thirds Of the capital stock voting at ;
meeting called for that purpose, and il
ali stockholders meetings each share o
stock shall be entitled to one vote to b
east BY its owner in person or by proxy
When this corporation is dissolved b,
limitation or otherwise, its affairs shall
he Inundated by Iiquidator elected b,
the stockholders and who shall give sticf
hond and perform such duties as tn
said stockholders may prescribe.
ARTICLE VI.
No stockhoEder Of this corporation
shall ever be held liable for the con
tracts or faults thereof in any create
sum than the value of his stock, and ne
mere informally shall have the effec
Of rendering this charter null or of eN
rosing stakeholder to any greater la
bilitT than the amount due on his stock
In testimony whereof, said partie
have hereunto subscribed their names il
essence Of me, notary and the two at
testing competent witnesses on this n
25th day Of January 1910.
S. b. HICKS.
]. I. WUR'rSBAUGH.
f. H. FORD.