St. Tammany farmer. [volume] (Covington, La.) 1874-current, 1911-06-03
Charter of
THE CONVICTION LUMBER COM
PANYt
United States of America,
State of Louisiana,

fAN IL
United States of America,
State of Louisiana,
Parish of St. Tammany.
Be it known, that ON this 26th
day of May, A. D., 1911, before me,
Harvey 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 pf 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
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 COVINGTON
| LUMBER COMPANY, and it's 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 it's 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 sregula-
tions 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 its
charter, shall exist and continue fol-
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 H..
The objects and purposes fol
which this corporation is organized
: and the nature of the business to b.
! carried on by it, are hereby declared
{ to be to operate and run say
:, mill or mills in the. parish Of st
Tammany, State of Louisiana, or else
F. where; to manufacture, transpor
i and sell lumber and it's by-products
+ to lease, buy and sell timber land
and other real estate; to carry On
t general business for the manufactur
and sale of turpentine and rosin
1 to conduct general mercantile bus
{ ness or commissary, to build, own
: lease and operate barges, Igther
I sail or steam vessels; to construt
= maintain, own or lease and operat
+ tramways or railroads for the tran
y portation of logs, lumber and mercl
0 andise, and generally to do all thlne
d that are necessary, incidental to
1 connected with the carrying On
# said business and the objects an
tt purposes hereinabove set forth.
3 ARTICLE III.
:. The capital stock of this corpor
Al ton is hereby fixed at the sum
ii five hundred thousand ($50O, 100000
dollars, divided into and representt
S by five thousand (5O00) share of tt
S. par value of one hundred ($1O0.Ot
n. dollars each, which stock may
n, issued at not less than par for cas-
$: or in payment or exchange for pro
I'D erty or rights actually received
or purchased by said corporation, pr
IN vided that all stock certificates sh'
~ be signed by the president and secl
tie tary of said corporation, and no sto
n shall be issued unless the consider
o. tion therefor has been received
ON said corporation.
d. All transfers of stock shall be ma
e on the books of said company, at
he Office on the surrender OF the cert
ed cate therefor.
% No stakeholder shall have anth
w ity or right to sell or otherwise q
he pose of his stock in whole or in p
he without first giving the board OF
on rectors ten (10) days written not
ng of his intention or desire to d1sp
r. sr cfo n
of, and allowing the board OF DIR
,ed tors or in its default, any stock9e
NJ er, the first opportunity of purch
ace ing the stock. -
'sto This corporation shall CONNIE
of doing business as soon as ten tho
nee and ($10,O00.0D) dollars of its c;
oc- tai stock shall have been subscri
mi for and paid in, as above provid
de- ARTICLE Nv.
ade The corporate powers of this
in poration shall be vested in and
md ercised by a board of direct
which shall consist of four 40 ste
ex- holders, a majority of whom 81
ned constitute a quorum for the TIE
Ier- action of business. Said d.'ec'
shall be elected annually from am
ava the stockholders on the first Mon
,eo- of June of each year, comment
for i'll June, 1912. :.
ap Notice of such election shall
/ it given by two ~ publications !
newspaper published in the toWr
the Covington, La, within fift zen I
ess, days Immediately preceding
cas- election.
ong At said election, and AZ all q
ans meetings of the stockholders,
ing voting shall be by ballot. and
ned share of stock shall be entitled
,oy- one vote by the owner in person
by written proxy.