St. Tammany farmer. [volume] (Covington, La.) 1874-current, 1912-09-07

CHARTER
HOULTON LUMBER COMPANY.
United States Of America, State 0
| Louisiana, Parish Of St.
| Tammany.
Ee it known that on this the 1Otl
day of July, A. D., 1919, before me
Harvey e. Ellis, notary public ii
and for the parish of st. Tammany
State of Louisiana, duly commission
ed and qualified, and in the presen1,
Of the witnesses hereinafter nance
and undersigned, personally cam.
and appeared the persons whose
names are hereunto subscribed, Ill 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 thi.
State relative to corporations and
their organization, they have cove
,nanted and agreed, and by these
presents do covenant and agree, and
lbind themselves as well as such oticl
persons as may hereafter become es'
ISOLATED with them, to form and
constitute q body polite in law. TO,
he purposes and objects, and under
the stipulations. articles and coEdi.
ions following, to-wit:
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 the
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
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 cor
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 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 HE
absence, the Vice President, shall
be authorized to bring all suits and
legal proceedings ON behalf of this
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 a general
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 ($500,00O.O0) Dollars,
divided into and represented by Five
Thousand (5000) shares of the par
value of One Hundred and No One
Hundredths ($100.0O) 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 all
stock shall be paid for in full within
six months after same shall have
been subscribed for, and no stock
snail be issued unless the considers
ton therefor has been received by
said corporation.
All stock certificates shall be sign
ed by the President and Secretary
OF said corporation, and all trans
fers OF stock shall be made on the
books OF said company, at its Offices
on the surrender of tie certificate.
No stakeholder shall have authori-
" or right to sell or otherwise dis
pose OF his stock in whole or part.
without first giving the Board of
D11 ectors ten (10) days written
notice OF his intention or desire to
dispose of any of his stock or a part
thereof, and allowing the Board of
Dir ctors or in its default, any stock
holder, the first opportunity of pur-