The Caucasian. (Shreveport, La.) 1900-192?, 1910-02-01
CHARTER
OF THE2ODWICK LUMBER COM.
PANY.

Sldlc w 8OulS1dfla, PARISH OF SdddO
Be it remembered that this day before
me, gohn D. Wilkinson, a notary public
in and for said Parish and State, duly
commissioned and sworn, personally
came and appeared S. B. Hicks. J. T
Wutrsbaugh and S. H. Ford, residents
OF said Parish and State, who stated and
declared to me, notary, that availing
themselves of the Constitution and laws
OF the State of Louisiana relating to the
formation of corporations, they have
formed themselves, as we'll as such 9th
ers as may hereafter become associated
with them, into a corporation and body
corporate and have adopted as their
charter and act of incorporation the
following, to-wit
ARTICLE |.
The name and title of this corporation
is hereby declared to be THE LODI
WICK LUMBER COMPANY" and
Under said corporate name it shall have
and enjoy succession for a period of
fifty years, unless sooner dissolved as
hereinafter provided. Its domici1e 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 lumber 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 tranways, railway or other means
OF conveyance as may be necessary in
the manufacture and sale of lumber and
its products.
ARTICLE Ill
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 a going con-
Germ whenever twenty thousand dollars
of its capital stock is subscribed and
paid for All stock shall be fully paid
when issued, and shall be issued only
for cash, labor performed or property
received, as the board of directors may
decide.
ARTICLE ".
The affairs of this corporation 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 a stock
holders meeting called for that rur
pose, but shall hold their Offices until
their successors are elected and in
stalled. Any vacancy occurring in the
board of directors shall be filled by the
directors electing stock
holder for the unexpired term. Until
the first election hereunder in January
1911, the following shall constitute the
board of directors: S. B. Hicks, who
shall be president; J. T. Wurtsbaugh,
who shall be vice president, and F. H.
Ford, who shall be secretary and treas
lrer. The said board of directors shall
have power and authority to elect such
agents, clerks, managers or other en-
ployes as they deem best, and shall have
power to adopt such bylaws, rules and
regulations as may be necessary, and the
same to alter or change at pleasure.
ARTICLE V.
his charter may be amended or abol-
shed and this corporation may be dis
solved on complying with the laws of
he State of Louisiana by vote of two
thirds of the capital stock voting at a
meeting called for that purpose, and in
III stockholders meetings each share of
stock shall be entitled to one vote to be |
EAST by its owner in person or by proxy. |
When this corporation is dissolved by
imitation or otherwise, its affairs shall |
1e liquidated by liquidator elected b.
he stockholders and who shall give such
oond and perform such duties as the
'aid stockholders may prescribe.
ARTICLE VI.
No stakeholder of this corporation |
hall ever be held liable for the con
racts or faults thereof in any greater
tim than the value of his stock, and no
mere informality shall have the effect
# rendering this charter null or of ex
'osing stakeholder to any greater LA
otlity than the amount due on his stock |
In testimony whereof said parties
ave hereunto subscribed their names in
':esence of me, notary and the two at
esting competent witnesses on this the
18th day of January 1910.
S. B. HICKS.
]. T. WURTSBAUGH.
F. H. FORD.
Attest:
B. DILLINGHAM;.
&c L 4HkTCnNT