St. Tammany farmer. [volume] (Covington, La.) 1874-current, 1912-08-31
CHARTER
Of the
HOULTON LUMBER COMPANY.
United States Of America, State Of
Louisiana, Parish Of st.
Tammany.

United States Of America. State OF
Louisiana, Parish Of st.
Tammany
Ee It known that on this the 10th
day of July, A. D., 1912, before me,
Harvey E. Ellis. notary public In
and for the parish of st. Tammany,
Estate Of Louisiana, duly commission
|el and qualified, and in the presence
LOT 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. Tam
many parish, La, who severally de-
clared that, availing themselves Of
he provisions of the laws of this
State relative to corporations and
their organization. they have cove
nanted and agreed, and by these
presents do covenant and agree, and
bind themselves as we'll as such other
persons as may hereafter become as
ISOLATED with them, to form and
constitute q body polite in law. for
he purposes and objects. and under
the stipulations, articles and cordi-
ions following, to-wft:
ARTICLE l.
The name and title of said corpor-
alton shall be the
HOULTON LUMBER COMPANY,
and its domicile is hereby establish
ed at Houltonville, St. Tammany
parish, Louisiana; and under its cor
porate name. said corporation shall
have power and uthority to contract
sue and be sued; to make and use q
corporate seal, and the same to break
and alter at pleasure; to hold. re-
ceive, have, purchase, improve, alien.
ate, convey, sell, borrow, pledge.
mortgage and hypothecate, under its
said corporate name, property real.
personal and mixed; to name and ap'
point such officers, directors, agents
and managers or employees as tho
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 its affairs, as may
be deemed necessary and proper. and
the same to change and alter at
NAO00uACg anu w OLA OkAOA o~sS 0AA
things permitted by law, and as shall
be necessary and proper to carry out
the objects and purposes of said coz
poration.
Said corporation, unless sooner dis
solved, in accordance with its char
ter, shall exist and continue for a
period of ninety-nine years from and
after the date hereof.
The President, or in his absence,
the Vice President, or in the absences
of both, the Secretary. shall be the
proper persons upon whom citation
and other legal process shall be
served; and the President, or in HE
absence, the Vice President, shall
be authorized to bring all suits and
legal proceedings on behalf of this
corporation.
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 q saw and
planning mill and mills in the par
ishes of St. Tammany, Tangipahoa
and Washington, in the State of
Louisiana, or elsewhere; to manu-
facture, transport, buy and sell lum-
Der 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, rosin and their
by-products; to cunduct general
mercantile business or businesses;
to build, own or lease and operate
barges, lighters, sail, gasoline and
steam vessels; to construct, main
tain, own or lease and operate tram
ways or log roads, and generally to
do all things that are necessary, in
cidental to. or connected with the
carrying on of said businesses and
the objects and purposes herein
above set forth.
ARTICLE III.
The capital stock of this corpora
ton is hereby fixed at the sum OF
Five Hundred Thousand and No One
Hundredths $500, 100000 Dollars
divided into and represented by Five
Thousand (5OO0) shares of the PAL
value of One Hundred and No One.
Hundredths ($1o0.0O) Dollars each
which stock may. be issued at not
less than par for cash, or in payment
or exchange for property or rights
actually received or purchased by
said corporation, provided that al
stock shall be paid for in full within
six months after same shall have
been subscribed for, and no STOCK
shall be issued unless the considera
ton therefor has been received b,
said corporation.
All stock certificates shall be sign
ed by the President and Secretar,
of said corporation, and all trans
fers of stock shall be made on tn.
books of said company, at its offices
on the surrender of tie certificate.
No stakeholder shall have authori
ty or right to sell or otherwise dis
pose Of his stock in whole or part
without first giving the Board o
Dit ectors ten (1O) days write,
notice Of his intention or desire t,
dispose Of any of his stock or par
thereof, end allowing the Board o
Dir ctors or in its default. any stock
holder, the first opportunity of pur
chasing the stock.
This corporation shall ccmmenc
doing business as soon as Three Hun
dred Thousand and No-One Hun
dredths ($300,O00.00) Dollars of it
capital stock shall have been sub
scribed for, as above provided.
ARTICLE w.
The corporate powers of this cor
poration shall be vested in and ex
ercised by q Board of Directors
which shall consist of three e
stockholders; q majority Of WHOM
shall constitute a quorum for tn
transaction of business. Said Direct
tors shall be elected annually fron