St. Tammany farmer. [volume] (Covington, La.) 1874-current, 1912-08-17
CHARTER
Of the
HOl;LTON LUMBER COMPANY.
rcited States of America. State Of
Louisiana, Parish OF st.
Tammany.

AVub010uop - AOsA ~ W.
Tammany.
Ee It known that on this the 10th
day of July, A. D.. 1919. before me
Harvey E. Ellis, . notary public In
anil Tor the parish of st. Tamman.
state Of Louisiana. duly commission
|e end qualified, and in the presense
LOT the witnesses hereinafter naned
and undersigned, personally came
and appeared the persons whose
names are hereunto subscribed. all o.
full age and residents Of st. Tam
many parish, La, who severally de.
clared that, availing themselves o.
he provisions Of the laws OF this
State relative to corporations ana
their organization, they have cove
nanted and agreed, and by these
rresents do covenant and agree, and
bind themselves as we'll As such other
persons a. may hereafter become es-
ISOLATED with them, to form and
constitute a body polite in law. for
he purposes and objects, and under
the stipulations, articles and ccrdl-
ions following, to-wit:
ARTICLE I.
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 uthorfty to contract
sue and be sued; to make and use
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 ~ thu
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, % may
be deemed necessary and proper. and
the same to change and alter at
pleasure; and do all other acts and
things permitted by law, and as shall
be necessary and proper to carry out
the objects and purposes Of said coz
porati0n.
Said corporation, unless sooner dis.
solved, In accordance with it, char.
tier, 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 persons upon whom citation
and other legal process shall be
served; and the President, or in his
absence, the Vice President, shall
be authorised to bring all suits and
legal proceedings on behalf Of this
corporation.
ARTICLE II.
The objects and purposes fol
which this corporation is organized
and the nature of the business to bt
carried ON by it, are hereby declared
| to be. to operate and run saw ant
planning mill and mills in the par
ishes of st. Tammany, Tangfpaho1
and Washington, in the State o.
Louisiana, or elsewhere; to manu-
facture, transport, buy and sell lum
Der and It's by-products; to lease
buy and sell timber lands and othe1
real estate; to carry on q genera
business for the manufacture ant
sale of turpentine, rosin and theil
by-products; to cunduct genera
mercantile business or businesses
to build, own or lease and operate
barges, lighters. sail, gasoline an.
steam vessels; to construct, main
tain, own or lease and operate tram
ways or log roads, and generally t,
do all things that are necessary, in
cidental to or connected with tn,
carrying on of said businesses an,
the objects and purposes herein
above set forth.
ARTICLE III.
The capital stock Of this corpora
ton Is hereby fixed at the sum Q
Five Hundred Thousand and No One
Hundredths ($5OO,0OO.0O) Dollars
divided into and represented by Fiv
Thousand (5OO0) shares of the pa
value of One Hundred and No One
Hundredths ($1O0.O0) Dollars eacf
which stock may be issued ut nc
less than par for cash. or in paymeu
or exchange for property or right
actually received or purchased
said corporation, provided that a
stock shall be paid for in full With
six months after same shall hav
been subscribed for, and no stoc
shall be issued unless the consider,
ton therefor has been received b
said corporation.
| All stock certificates shall be SKI
ed by the President and Secreta1
Of said corporation. and all tran
fers of stock shall be made on IL
books Of said company, Ut il of1c,
on the surrender Of tie certificate.
No stakeholder shall have author
ty or right to sell or otherwise di
pose Of his stock In whole or par
without first giving the Board +,
Directors ten (101 days write
notice of his intention or desire
dispose of any of his stock or q pa
thereof, End allowing, the Board
! Dir ctors or in its default, any stocl
holder. the first opportunity Of pu
chasing the stock.
This corporation shall ccmmen,
doing business as soon as Three HUI
bred Thousand and No-One HUI
iredths ($30O,00O.00) Dollars of
capital stock shall have been su
iscribed for, as above provided.
ARTICLE ~.
The corporate powers Of this co
poration shall be vested In ana {