The Caucasian. (Shreveport, La.) 1900-192?, 1910-12-29
CHARTER
OF THE OIL FIELD LUMBER
COMPANY.

chards notary public in and for the
said parish and State, duly commits
stoned and qualified, on this day person
ally came and appeared B. H. Bolinger,
S. H. Bolinger and B. B. Terry, each Of
whom declared to me in the presence of
the hereinafter named and undersigned
competent witnesses, that availing them
selves of the laws of the State of Louis
lana, they do hereby organize themselves
into and create corporation, and adopt
the following articles as the charter
thereof to govern themselves and such
others as may become associated with or
succeed them
ARTICLE I.
The name and title of said corpora
ton is THE OIL FIELD LUMBER
COMPANY.
ARTICLE II.
It's domicile is declared to be in the
City of Shreveport, Parish of Caddo,
State of Louisiana.
ARTICLE III.
The duration of said corporation shall
be a period of ninety years from
the date hereof.
ARTICLE ".
The purposes for which said corpora
ton is established and the nature Of the
business to be carried on by it are: To
operate and maintain lumber yards at
Mooringsport, Louisiana, and other
places in Louisiana, as may be deemed
advisable; to retail and wholesale tim
Der, lumber, ties, slaves and such other
wood products that may be manufac-
tured; to manufacture, buy, sell, lumber,
to buy, build, and operate saw and plan
ing mills, plants railroads, telegraph and
telephone lines, to conduct a general
merchandise business, and to do all
things connected with Or incident to any
or all of said purposes.
ARTICLE v.
Every citation or other legal process
shall be served upon the president, and
in his absence on the secretary treasurer.
ARTICLE VI.
The amount of capital stock of this |
corporation, which this corporation is |
to issue is ten thousand dol
lars ($1o,ooooo) divided into two hum
dred shares of the par value of fifty dol
lars $4,000 each. This corporation is
to commence business as |
such when one hundred and twenty
(I2ol shares of its capital stock shall
have been subscribed and paid for No |
certificate of stock shall be issued until /
full payment is made therefor, which |
may be by money, property, services or
any other valuable consideration moving
to said corporation; and resolutions of |
the board of directors of this corpora
ton that the consideration given for any
stock is fair and adequate shall be com
elusive evidence that it is such; but no
stock shall be issued for less than the
par value thereof. The remaining stock
shall be placed on the market at such
lines and in such blocks as the major
ty of the stockholders deem for the best
interests of the corporation, the existing
in all cases being allowed
sixty days within which to purchase the
same at par in the proportion of their
holdings by preference over ali other
purchasers.
ARTICLE VII.
The board of directors of this corpor-
ltion shall be composed of not less than
hree stockholders, who shall be efested.I
1t each annual meeting of the stock
FOLDERS for the ensuing year; the board
If directors shall have authority to adopt
/ set of bylaws for the regulation of
he business of this corporation, to
ldopt a corporate seal, to hypothecate
IF dispose of any portion of the prop
,rty of said corporation for such con-
;ideration and on such terms of pay
nent as it may deem advisable; to direct
md control the officers and employees of
he corporation; to pass all rules and
equations which it may deem necessary.
or the conduct of the affairs of said
and to vest in a general
manager by resolution all or any part of
he powers given by this charter to the |
BOARD of directors
ARTICLE VIII.
The officers of this corporation until
he first annual meeting of the board Of
directors on the first Monday in Feb
uary 1911 are B. Fl. Bolinger, presi-
lent; S. H. @Bolinger, vice president; B.
). Terry, secretary-treasurer, who shall |
Constitute its first board of directors. At
he end of their term of Office the Of
GERS of said corporation shall b. elected
y the board of directors The regular
nnual meeting of the stockholders shall
,e held on the first Monday in February
# each year.
ARTICLE TX.
No stakeholder of this corporation
1