The Caucasian. (Shreveport, La.) 1900-192?, 1912-03-17
CHARTER
OF the Monarch Lumber Company

State Of Louisiana, Parish. OF. Cad J
o: Be it known that this day. be |
ore me, Robert A. Grain, notary
Iublic. duly commissioned and sworn
n and for the Parish of CaddO, State
# Louisiana, personally came and
.pDeared S. r. Zagst, G. \. Morse
nd T. \. Zagst. residents Of the
,bOve State and Parish, who declar-
ID that. aVailing themselves OF the
avs 0 fthe State Of Louisiana rrla-
i've to corp DratiOns, they have
'ormcd and constituted themselves,
IS we'll as such other persons as may
be associated with them
INTO a body corporate, and they have
as their charter the follow
He act of incorporation.
ARTICLE |.
The name and title of said cor
pOratiOn shall be Monarch Lumber
and its d0nhlcile is hereby
established at Oil City in the Parish
If Caddo. State of Louisiana, and
under its corporate name shall eX-
st and continue for a period OF
years. unless sooner dis
solved in accordance with the stl-
DuIations of this charter. - 49, =
=" .>~-..' -. ARTICLE H. -.
The object and purpose for which
this: corporation is organized and
the nature of the business toAbe
carried on by it are declared to be
to buy and sell lumber and lumber
products, and to buy and sell gen
eral line of builders material, and
incidentally to said business to own
and operate such plants and ma
chinery necessary for the successful
conduct of said business and to 'acs
quire such real and personal pro
perry as may be necessary. there
for, and the same to dispose of,
mortgage, pledge or assign as may
be deemed necessary. 49,. 800
ARTICLE 1T.
The capital stock OF this c0rpof-
alton shall be Fifteen : Thousand
Sl5,GO000) Dollars, divided into and
represented by one hundred and fiji
ty shares of one hundred -dollal.
each, which said stock shall be paid
for in cash at the time of .subscrip-
ton, or the same may be issued al
not less than par, in payment OIL
exchange for property or rights &C,
tnally received or purchased. by
The said corporation. and for sucf
other valuable consideration as The
directors may determine, and i
shall commence business as soon a:
six thousand (s6,OOOO0) dollars o
| the capital stock shall have beer
subscribed for. "a. -, .
ARTICLE ". -,
The corporate powers of thi:
corporation shall be vested in AMI
exercised by board of director'
consisting of three stockholders
who shall be elected at a stockhold
iers meeting to- be held at the. office
Fof the company in Oil City, Gaddt
Parish, Louisiana on the first Mon
tday of March each year, who shall
hold their office until the elctloI
of their successors as above pro
iyided. The following persons shall
constitute the first board of direc
Etors and officers of the company
Viz: S. r.. Zagst, President; I. A
Lagst, Vice President; and G. A
Morse, Secretary and Treasurer wht
shall hold their offices until tn
above election above provided TO
on the first Monday in March, 1915
lI'he board of directors shall hav,
/ The power TO fill vacancies i'll thei
humber from the stockholders 0
he Company, and they shall hav
the power TO frame and adopt sucl
rules and bylaws as they may deem
proper and necessary for conduct
ing, said business, and to appoin
such agents, managers and clerks o
other employees as may be deemf'
proper and necessary: to fix thei
salaries, with power to discharge a
pleasure. and they shall have tn
power to fix the salaries of the res
iocctive officers provided herein
ARTICLE Y.
This chartr may be amended, al
tered or changed, the capital stool
increased or decreased or it ma
,p dissolved at meeting of tn
| 'ackhOlders held for such purpose
with the assent of three -fourths o
he capital stock whether pFesen
lat such meeting or not: in case
dissolution Of This corporation, TO
any cause the liquidation of its al
'airs shall be conducted by tire
commissioners. selected from tn
| foekholdprs. who shall he selecte
lat a meeting held for that purpos
las above. who shall continue in OF
flee until the final liquidation.