St. Tammany farmer. [volume] (Covington, La.) 1874-current, 1911-05-06
Charter of
THE CONVICTION LUMBER COM
PANY.
United States of America,
Ctofo of T,ouiSian9
W. G.. DAVIS,
Tax Collector,

EHE COtlNUION LII NlbEh SOM'
PANY.
United States of America,
State of Louisiana,
Parish of St. Tammany.
Be it known, that on this 18th
day of April, A. D., 1911, before me,
E. Ellis, notary public in
and for the parish of st. Tammany,
State of Louisiana, duly commission
ed and qualified, and in the presence
of the witnesses hereinafter named
and undersigned, personally came
and appeared the persons whose
names are hereunto subscribed, all
of full age and residents bf st.
Tammany parish, Louisiana, who
severally declared that availing
themselves of the provisions of the
laws of this State, relative to cor
porations and their organization,
they have covenanted and agreed,
adm by these presents do covenant
and agree, and bind themselves as
we'll as such other persons as may
hereafter become associated with
them, to form and constitute a body
polite in law, for the purposes and
objects, and under the stipulations,
articles and conditions following, to-
wit:
ARTICLE l.
The name and title of said cor
poration shall be the CONVICTION
LUMBER COMPANY, and its domi-
cile is hereby established at Coving-
ton, St. Tammany Parish, Louisiana;
and under it's corporate name said
corporation shall have power and
authority to contract, sue and be
sued; to make and use corporate
seal, and the same to break and
alter at pleasure; to hold, receive,
have purchase, improve, ALLEVIATE.
convey, sell, borrow, pledge, mort
gage and hypothecate, under its said
corporate name, property, real, per-
sonal and mixed; to name and ap-
point such officers, directors, agents
and managers or employees as the
interest or convenience of said cor
poration may require; to make and
establish bylaws, rules and regula-
tons for the proper management
and regulation of its affairs, as may
be deemed necessary and proper, and
the same to change and alter at
pleasure; and to do all other acts
and things permitted by law, or as
shall be necessary and, proper to
carry out the objects and purposes
of said corporation.
Said corporation unless sooner dis
solved, in accordance with its
charter, shall exist and continue for
a period of ninety-nine years from
and after the date hereof.
The president, or in his absence,
the president, or in the absence OF
both, the secretary shall be the
proper person upon whom citation
and other legal process shall be serv-
ed.
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 hereby declared
to be to operate and run saw
mill or mills in the parish of st.
Tammany, State of Louisiana, or else
where; to manufacture, transport
and sell lumber and its by-products;
to lease, buy and sell timber lands
and other real estate; to carry on a
general business for the manufacture
and sale of turpentine and rosin
to conduct a general mercantile bust
ness or commissary, to build, own OF
lease and operate barges, lighters
sail or steam vessels; to construct
maintain, own or lease and operate
tramways or railroads for the trans
| portation of logs, lumber and merch
| andise, and generally to do all thing:
| that are necessary, incidental to o.
| connected with the carrying on O.
said business and the objects ant
purposes hereinabove set forth.
ARTICLE III.
The capital stock of this corpora
| ton is hereby fixed at the sum O
five hundred thousand ($50O,O00.0O
dollars, divided into and representa-
by FIVE thousand (5OOO) share of tn
par value of one hundred ($1OO.O0
dollars each, which stock may b
issued at not less than par for cash
or in payment or exchange of prop
erty or rights actually received Q
purchased by said corporation, Pre-
vided that all stock certificates sha
/. be signed by the president and secrt
tary of said corporation, and no stoc
shall be issued unless the considers
ton therefor has been received b
said corporation.
} All transfers of stock shall be mad
on the books of said company, at i
Office on the surrender of the certil
| cate thereof.
: No stakeholder shall have autho
! ity or right to sell or otherwise di
= pose of his stock in whole or in pa
- or;x inc tho hOord nf a
e rectors ten (lO) days written noti
of his intention or desire to dispo
> of any of his stock or part Their
of, and allowing the board of dire
!, tors or in it's default, any stockhol
h er, the first opportunity of purcha
4 ing the stock.
- This corporation shall common
!, doing business as soon as ten rkol
> and (s1O,O0O.00) dollars of its cal
y tai stock shall have been subscrib
~ for and paid in, as above provide
= ARTICLE w.
a The corporate powers of this G.
poration shall be vested in and
], ercised by board Of directo
i which shall conist of four ca stot
10 holders; a majority of whom sh
y constitute a quorum for the tral
action of business. Said d.fec:'
n shall be elected annually from amo
~ the stockholders on the first Mono
- which shall consist of four "a sto
e. of May of each year, commencing
May, 1912. :,
!. Notice of such election shall
a given by two ~ publications IL
20 newspaper published in the town
20 Covington, La, within fifteen q
40 DAYS Immediately preceding s
election.
A. cold election and 1t all OF