St. Tammany farmer. [volume] (Covington, La.) 1874-current, 1911-07-01
Charter of
THE CONVICTION LUMBER COM.
PANY.
Charter of
United States of America,
State of Louisiana,
Parish of st. Tammany.

State of Louisiana,
| Parish of St. Tammany.
Be it known, that on this 26th
day of May, A. D., 1911, before me,
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 of 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,
and by these presents do covenant
and agree, and bind themselves as
Well 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 it's domi-
cile is hereby established at Coving-
ton, st. TammaEy 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 a 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
J interest or convenience of said cor
poration may require; to make and
establish bylaws, rules and regula-
lions for the proper management
and regulation of it's 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 it's
| charter, shall exist and continue for
period of ninety-nine years from
and after the date hereof.
The president, OR in his absence,
the vice 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 IL.
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 a saw
mill or mills in the parish of St.
Tammany, State of Louisiana, or else
where: to manufacture, transport
and sell lumber and it's 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 general mercantile bust
ness or commissary, to build, own or
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 things
that are necessary, incidental to or
connected with the carrying on of
said business and, the objects and
purposes hereinabove set forth.
ARTICLE III.
The capital stock of this corpora
tion is hereby fixed at the sum of
five hundred thousand ($500,000.00)
dollars, divided into and represented
by five thousand $4,000 share of the
par value of one hundred ($10O.00)
dollars each, which stock may be
issued at not less than par for cash,
Or in payment or exchange for prop
erty or rights actually received or
purchased by said corporation, pro-
yided that all stock certificates shall
be signed by the president and secre-
tary of said corporation, and no stock
shall be issued unless the considera-
sAoAA SAACi CloI Ado UCGu lCCClfSu ny
said corporation.
All transfers of stock shall be made
on the books of said company, at its
offlce on the surrender of the certifi-
cate therefor.
No stakeholder shall have author
ity or right to sell or otherwise dis
pose of his stock in whole or in part
without first giving the board of di-
rectors ten (10) days written notice
OF his intention or desire to dispose
OF any of his stock or a part there
OF, and allowing the board of direc-
tors or in it's default, any stockhold-
er, the first opportunity of purchas-
ing the stock.
This corporation shall commence
doing business as soon as ten thous-
and ,000.00) dollars of its CAPT
tai stock shall have been subscribed
for and paid in, as above provided.
ARTICLE w.
The corporate powers of this cor
L. rs Il