The Caucasian. (Shreveport, La.) 1900-192?, 1913-06-24
struct, own, operate saw and plan

struct, own. operate saw and plan
ing mills, shingle mills and other
mills necessary to the lumber trade
to own and operate trans and other
railroads for the purpose of convey
ing lumber, ETC.. to lease, acquire or
own timber, timber contracts and
lall kinds of timber; to own. whether
| by purchase or otherwise, both real
and personal property, with the
right to dispose of and sell within
the direction of its board of direc-
TORS; to do general merchandise
business and perform each and
every thing necessary in carrying
out general saw mill business or
other purposes conferred on the
corporations of similar kind by the
statutes of the State of Louisiana.
ARTICLE TIT.
| The capital stock of this corpora
| ton is hereby fixed at the sum Of
$i5O,OOO0O divided into fifteen hun
dred shares at the par value of one
hundred 100000 dollars each, to be
lpaid for in cash or services rendcre,
or property transferred subject to
the approval of the board of direc-
tors, and all stock issued shall be
fully paid and worcestershire. II
| shall commence business whenever
ten thousand (SiO,OOO0O) dollars Of
its capital stock is subscribed and
paid for in full.
ARTICLE ".
The affairs of this corporation
shall be managed and controlled BY
a board OF directors of not less than
three or more than seven stock
holders; but until otherwise ordered
by the board of directors, five stock
holders. of this corporation to be
elected annually On the first Monday
in July of each year and who shall
hold their Office for one year or I'M
1
installed and until the election of
the board of directors in July 1914,
the following shall constitute tn.
board of directors of this corpora
ton: H. M. McIver, who shall be
president; E. w. Hamiter, who shall
be vice president; J. l.. DOdson, who
shall be secretary; w. H. Dye, who
shall be treasurer; and A. H. Ham
tier. The said board of directors
shall have the right or authority to
employ and discharge such other
|agents, clerks or employees and other
necessary employees as may, be nee
essary, and shall likewise have au-
thority to fill all vacancies in such
board and elect additional directors
should it determine to increase Tho
members from five to seven or de-
crease from five to three, and gen.
erally shall have authority to exer-
lCise all the rights and powers OF
this corporation under the laws OF
Louisiana.
ARTICLE V.
No stakeholder shall be liable on
account of any obligation of this
corporation in any further sum than
the amount of the unpaid balance
on the stock subscribed for, and no
irregularity nor any informally in
Organization shall have the effect of
rendering this charter null or voiC
or any liability beyond any such
unpaid balance. *s4sf
| ARTICLE vi.
| This charter may be amended lex
lcept as to increasing OF decreasing
of its capital stock by a two-thirdS
vote of the stock represented at a
Injecting of the stockholders con-
lvened for that purpose after ten
days notice has been given, as above
described. Whenever this corpora
ton is dissolved by limitation OF
otherwise its affairs shall be liqui-
dated by two commissioners elected
at stockholders meeting who shall
have full power to wind up its al
fairs and settle its indebtedness.
| In testimony of which the said
labove parties have affixed their sig
natures, together with the, under
signed competent witnesses, on this
the 2fst day of June 1913.
| H. M. McIVER,
by E. w. Hamiter.
J. L. DODSON,
by E. w, Hamiter.
-s A. H. HAMITER,
by E. w. Hamiter.
w. H. DYE,
by E. w. Hamiter.
f. w. HAMITER.
Witnesses: fa
| r. II ROSE