The Caucasian. (Shreveport, La.) 1900-192?, 1913-04-03
CHARTER
OF the BPaud- Bates Lumber Com
pany.

State of Louisiana, Parish Of Cad
| do: Before me, L. c. Blanchard,
notary public duly commissioned
and sworn for and within the Parish
of Caddo, State of Louisiana, per
sonally came and appeared Henry
C. Braud and H. Clay Braud, resi-
| dents of Ascension Parish, Louis
lana, and J. C. Bates, resident ~
| Caddo Parish, Louisiana, who stated
and declared to me, notary, that
availing themselves of the Constitu-
ton and laws of the State Of Louis
lana, they have formed and cOnstl-
tuted themselves, as we'll as such
other persons as may hereafter be-
come associated with them. into a
body corporate, and have adopted
and do hereby adopt as their act Of
incorporation and charter the fol-
lowing:
ARTICLE l.
The name and title of this cor
poration shall be the Braud-Bafes
Lumber Company, with its domicile
in Shreveport, Caddo Parish, Louis
lana, and under said corporate
name it shall have and enjoy sue
cession for a period Of twenty-five
years unless sooner dissolved as
herein specified.
ARTICLE II.
The purposes for which this cor
poration is formed and its object Is
hereby declared to be to own and
operate saw mills, planning mills and
other means for manufacturing
lumber in the State Of Louisiana,
md also to conduct general
wholesale and retail lumber basi-
ness, and to own and acquire timber
and timber lands, either by pur-
chase, lease or otherwise, and to
conduct in connection with their
saw mills and lumber business,
commissaries, stores, and to own
md operate as incidental thereto
tram roads, railroads. or other
means Of transporting lumber or
logs or other property necessary in
the conduct and operation of the
said business Of conducting general
saw mills and planning mills, with
the right to acquire such real es-
ate or personal property as may be
necessary therefor, and the same to
dispose of, mortgage. hypothecate OF
pledge as may be necessary in the
successful operation of said bust
ness.
ARTICLE III
The capital stock of this corpora
ton Is hereby fixed at the sum Of
twenty-five thousand dollars divid-
I'D into two hundred and fifty shares
If one hundred dollars each, and it
shall become q going concern when
fifty shares of its capital stock is
subscribed and actually paid for,
which payment may be made in
cash, or the transfer of property
or the rendition, of services to the
said corporation, the value of whic h
shall be passed on and approved by
the board of directors.
ARTICLE ~.
The affairs of this corporation
shall be managed and directed by a
board Of directors consisting OF
three stockholders, who shall be
elected at a general stockholders
meeting held at the Office of the
company in the City of Shreveport,
Caddo Parish, Louisiana, on the
first Tuesday in March of each year,
| and who shall hold their offices I'M
til the next succeeding election or
until their successors are elected
and qualified. Until the election on
the first Tuesday in the month OF
| March 1914, the following shall con-
stitute the board Of directors and
officers OF. the company, viz: Henry
C. Braud, president; H. Clay Braud
vice president; J. C. Bates, secretary
and treasurer. The said board Of d.
rectors shall have authority To
adopt all regulations and by-lawe
that may seem to them necessary
and to name and appoint such
agents. managers, clerks and Other
employees as may be necessary fol
the welfare Of the corporation, and
to discharge the same at pleasure
All legal process shall be served OF
the president, or in his absence OF
the vice president, at the office O
the company in said Parish ant
| State.
ARTICLE V.
i This charter may be amended o.
H altered or abolished at q vote o
i three-fOurthS of the stock at