The Caucasian., 1912-04-09
CHARTER
Of the Monarch Lumber Company

in and for the Parish OF CaddO, State
of Louisiana, personally came and
appeared S. R. Zagst, G. A. Morse
and T. A. Zagst, residents of the
above State and Parish, who declar-
ed that, awaiting themselves of the
laws fthe State of Louisiana rela-
tive to corporations, they have
formed and constituted themselves,
as we'll as such other persons as may
hereafter be associated with them
into a body corporate, and they have
adopted as their charter the follow
ing act Of incorporation.
ARTICLE I.
The name and title of said cor
pOration shall be Monarch Lumber
Company, and its domilcile is hereby
established at Oil City in the Parish
Of Caddo, State of Louisiana, and
under its corporate name shall eX
ist and continue for a period Of
ninety-nine years, unless sooner dis
solved in accordance with the sti-
puIatIOnS OF tnlS Cndftof.
ARTICLE II.
The object and purpose for which
this corporation is organized and
the nature of the business to be
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 land to ac-
quire such real and personal pro-
perty as may be necessary there
for, and the same to dispose OF,
mortgage, pledge or assign as may
be deemed necessary.
ARTICLE III.
The capital stock of this corpor-
alton shall be Fifteen Thousand
1915, 100000 Dollars, divided into and
represented by one hundred and fif-
ty shares of one hundred dollafs
each, which said stock shall be paid
for in cash at the time of subscrip-
ton, or the same may be issued at
not less than par, in payment or
exchange for property or rights ac-
ftualIy received or purchased by
the said corporation, and for such
other valuable consideration as the
directors may determine, and it
shall commence business as soon as
six thousand (s6,00oOO) dollars OF
| the capital stock shall have been
subscribed for.
ARTICLE ".
| The corporate powers OF this
corporation shall be vested in and
lexercised by board of directors
lconsisting of three stockholders,
who shall be elected at a stockhold-
|ers meeting to be held at the office
lof the company in Oil City, Caddo
Parish. Louisiana on the first Mon,
lday Of March each year, who shall
hold their office until the elctioI
laf their successors as above pro
vided. The following persons shall
constitute the first board OF dlrec
ltors and officers of the company
viz: S. r.. Zagst, President; L. A
Zagst, Vice President; and &. A
Morse. Secretary and Treasurer who
Ishall hold their offices until tht
Iaboye election above provided fol
lon the first Monday in March, 1918
1.-The board of directors shah hav'
1.-THE power to fill vacancies in theIl
humber from the stockholders o
| the Company, and they shall hav'
1.-The power to frame and adopt sucl
trules and bylaw as they may deem
proper and necessary for conduct
ling said business, and to appoin
| such agents, managers and clerks o
lother employees as may be deeme'
proper and necessary; to fix the1
salaries. with power to discharge a
pleasure, and they shall have tn
power to fix the salaries OF the res
oective officers provided herein.
ARTICLE v.
,l This chartr may be amended, al
ltered or changed, the capital stocl
Increased or decreased, or 1T ma
Ibe dissolved at meeting OF III
Ol stockholders held for such purpos'
with the assent of three-fourths G
q : ~-~v,
1.-THE capital stock whether presen
!. at such meeting or not; in case G
!. dissolution of this corporation, 10
! Iany cause, the liquidation OF It's a
5lfairs shall be conducted by thre
commissioners, selected from tn
stockholders, who shall be selecte
/ LAT a meeting held for that purpos
as above, who shall continue IN @
flee until the final liquidation.
In all stockholders meetings eac
; stockholders shall be entitled to OF
!. l1afe for each share of stock oWne
ny him, which vote may be cast 9
proxy; notice of all stockholdel
Z