The Caucasian., 1911-01-03
CHARTER
OF THE OIL FIELD LUMBER
COMPANY.

United States of America, State 0
Louisiana, Parish of Caddo: Be i
known that on this the 9th day of De
cember 1910, before me, Frank A. Blan
chard, a notary public in and for tht
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 ot
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 /.
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-nine years from
the date hereof.
ARTICLE ".
The purposes for which said corpora
tion 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
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 !
.hings connected with or incident to any
0r all of said purposes.
ARTICLE V.
Every citation or other legal process
hall be served upon the president, and
n his absence on the secretary treasurer.
ARTICLE VI.
The amount of capital stock of this
which this corporation is
to issue is ten thousand dol
ars ($Io 100000 divided into two hun
lred shares of the par value of fifty dol
ars $4,000 each. This corporation is
authorized to commence business as
uch when one hundred and twenty
1zo) shares of its capital stock shall
aye been subscribed and paid for No
ertifcate of stock shall be issued until
ull payment is made therefor, which
ray be by money, property, services or
ny other valuable consideration moving
, said corporation; and a resolution of
ne board of directors of this corpora
on that the consideration given for any
tock is fair and adequate shall be con-
lusive evidence that it is such; but no
Lock shall be issued for less than the
ar value thereof. The remaining Stock
nall be placed on the market at such
mes and IN such blocks as the major
y of the stockholders deem for the best
lterests of the corporation, the existing
.eckho1ders in all cases being allowed
xty days within which to purchase the
lrne at par in the proportion of their s
oldings by preference over all other
l.
ARTICLE VII.
The board of directors of this corpor-
ion shall be composed of not less than
lree stockholders, who shall be elected 4
each annual meeting of the stock !
olders for the ensuing year; the board. 4
directors shall have authority to adopt {
set of bylaws for the regulation of I
e business of this corporation, to 2
iopt a corporate seal, to hypothecate 4
dispose of any portion of the prop
ty of said corporation for such con- 4
deration and on such terms of pay I
eilt as it may deem advisable; to direct 5
i'd control the officers and employees of 4
e corporation: to pass all rules and 4
gulations which it may deem necessary 8
+ the conduct of the affairs of said 4
rporation; and to vest in a general 5
anager by resolution all or any part of 8
e powers given by this charter to the
,ard of directors.
ARTICLE VIII.