The Caucasian. (Shreveport, La.) 1900-192?, 1910-02-13
CHARTER
OF THE R S. AYERS LUMBER
COMPANY.


State of Louisiana, Parish of Csddo
Be it known, that on this the 10th 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
jects and purposes and under the arti-
cles and stipulations hereinafter stipu-
lated, to-wit:
ARTICLE I.
The name and style of this corpora
ton shall be the R. S. AYERS LU4-
Der 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 a corporate seal, and
the same to alter or break at pleasure;
to hold, receive, have, purchase, alien
ate, convey, sell, pledge, mortgage, 1ly-
pothecate or lease property, real, per-
sonai or mixed; to name ard 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 a period of ninety-nine
600 years from and after the date
hereof. All citation and other legal
processes shall be served upon the
president, or 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, lease and ac-
quire timber, timber lands, tramways,
saw mills and planning mills, and to do
all things necessary to carry Oft the |
objects and purposes OF the corporation.
ARTICLE III.
The capital stock of this corporation !
shall be fifty thousand ($5oooooo) dol
lars, divided into and represented by |
FIVE hundred (5oo) shares of the par
value OF one hundred ($Ioooo) 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 begia Dusl-
less when >forty (4o) shares Of the
,apital stock shall have been subscribed
md paid for No transfer Of stock shall
oe binding on the corporation unless
made on its books at its office.
ARTICLE ".
The corporate powers of said cor
,oration shall be vested in and exer-
Used by a board of directors of three
80 stockholders. The following per-
ons shall constitute the first board of
directors: Messrs. R. S. Ayers, L. N.
.fisp and A. Bodenheim, with Mr.. r.
}. Ayers, president; Mr. l.. N Crisp,
ice president, and Mr. A Bodenhein,
ecretary- treasurer. In case of any
-acdncy. occurs in the board Of direc-
ors as hereinbefore named prior to the
EXPIRATION of the term, such vacancy
hall be filed by the vote of the remain
lg directors of said corporation. The
aid officers and directors shall hold
ffice until January 10, 1911, or until
heir successors are duly q .cted and in
tailed, which election shaf take place
n said date and annually thereafter.
lotice Of the election Of directors shall
{ given by ten (Iol days prior notice
uhiished in one of the newspapers
ublished in said parish he board Of
irectofs shall appoint one or morel
ockholders to preside at such election !,
t al elections and stockholders meet
igs each stakeholder shall be entitled