The Caucasian. (Shreveport, La.) 1900-192?, 1911-01-29
CHARTER

C7Ah | En-
or THE OIL FIELD LUMBER
COMPANY.
United States of America, State of
Louisiana, Parish of Caddo: Be it
known that on this the 9th day Of De
ccmbcr 1910, before me, Frank A. Blan-
chard, a notary public i'll and for the
said parish and State, duly commits
stoned and qualified, on this day person
ALLY came and appeared B. II. Bolingcr,
S. II. Bolinger and B. B. Terry, each of
whom declared to me in the presence Of
the hereinafter named and undersigned
competent witnesses, that awaiting them
selves of the laws of the State Of Louis
lana, they do hereby organize themselves
into and create d 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 |.
The name and title Of said corpora
ton is THE OIL FIELD LUMBER
COMPANY.
ARTICLE II.
Its domicle 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-lline 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 ",
Every citation or other legal process
shall be served upon the president, and
in his absence on the ecretary-treasurer
ARTICLE VI.
The amount Of capital stock Of this
corporation, which this corporation is
authorized to issue is ten thousand dol
liars ($Io,ooooo) divided into two hun.
bred shares of thepar value Of fifty dol
lars $4,000 each. This corporation il
authorized to commence business a.
such when one hundred and twent!
/ (12o) shares of its capital stock shall
have been subscribed and paid for, NJ
certificate of stock Shall be issued unit
full payment is made therefor, which
may be by money, property, services o.
any other valuable consideration moving
to said corporation; and resolution o
the board of directors of this corpora
Ition that the consideration given for an
Istock is fair and adequate shall be con
elusive evidence that it is SUCH but III
stock shall be issued for less than tn
par value thereof. The remaining stocI
shall be placed on the market at sucI
times and in such blocks as the major
. ity of the stockholders deem for the bes
interests of the corporation, the existin
! stockholders in all cases being Above
: sixty days within which to purchase tn
! same at par in the proportion of thei
holdings by preference over all othe
: purchasers.
ARTICLE VII,
The board of directors of this corpor
alton shall be composed of not less tina
three stockholders, who shall be electe
at each annual meeting of the stock
holders for the ensuing year the boar
:, of directors shall have authority to adof
> a set of bylaws for the regulation c
the business of this corporation, I
adopt corporate seal, to hypothecat
Tor dispose Of any portion of the prof