The Caucasian., 1912-04-02
CHARTER
OF the Monarch Lumber Company

do: Be it known that this day be-
fore me, Robert A. Grain, notary
tpublic, duly commissioned and sworn
in and for the Parish of CaddO, State
iof Louisiana, personally came and
appeared S. r. Zagst, G. A. Morse
and t. A. Zagst, residents of the
above State and Parish, who declar-
led that, availing themselves of the
laws O fthe State of Louisiana rela-
tive to corporations, they have
formed and constituted themselves,
Jas we'll as such other persons as may
hereafter be associated with them
into body corporate, and they have
ladopted as their charter the follow
Iihg act of incorporation.
ARTICLE |.
The name and title of said cor
lporation 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-
pulations of this charter.
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
lchinery necessary for the successful
tconduct 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, 5,000.0O) Dollars, divided into and
represented by one hundred and fif-
Ity shares of one hundred dollafs
each, which said stock shall be paid
flor in cash at the time of subscrip-
ltien, or the same may be issued at
mot less than par, in payment or
exchange for property or rights ac-
Etually received or purchased by
the said corporation, and for such
lother valuable consideration as the
directors may determine, and it
shall commence business as soon as
lsix thousand (s6,0OO.OO) dollars OF
1.-The capital stock shall have been
Subscribed for.
| ARTICLE Nv. ~
The corporate powers of this
leorporation shall be vested in and
lexereised by board of directors
lconsisting of three stockholders,
Iwho shall be elected at stockhold-
lers meeting to be held at the office
lof the company in Oil City, Caddo
Parish, Louisiana on the first Mon,
tday of March each year, who shall
Ihold their office until the elction
lof their successors as above pro
lvided. The following persons shall
sIconstitute the first board of direc
Hors and officers of the company
lviz: S. r. Zagst, President; t. A
|Zagst, Vice President; and G. A
Morse, Secretary and Treasurer who
lshall hold their offices until the
labose election above provided fol
lon the first Monday in March, 1913
1.-THE board of directors shall haw
1.-The power to fill vacancies in theil
number from the stockholders Of
1.-THE Company. and they shall have
1.-The power to frame and adopt sucf
lrules and bylaws as they may deem
Iproper and necessary for conduct
ling said business, and to appoln
Isuch agents, managers and clerks OF
Iother employees as may be deemed
lproper and necessary; to fix, theil
lsalarfes, with power to discharge a
pleasure, and they shall have th'
lpower to fix the salaries of the res
lpective officers provided herein.
ARTICLE v.
| This chartr may be amended, al
i Itered or changed, the capital sfoel
Increased or decreased, or it ma.
Ibe dissolved at meeting OF tn
stockholders held for such purpose
with the assent of three-fourths 0
i 1.-The capital stock whether presen
lat such meeting or not; in case o
dissolution of this corporation, 10
any cause, the liquidation OF its al
Ifairs shall. be conducted by thre
commissioners, selected from tn
stockholders, who shall be selecte
lat q meeting held for that purpos
las above, who shall continue in OF
lfiee until the final liquidation.
x..n atoob h nldapc meetings pael