The Natchitoches enterprise. (Natchitoches, La.) 1888-1965, 1913-12-18
State Of Louisiana
Parish of NatchitocheS

]
! lowing charter:
ART. l.
The name and style Of his corpo
ration is "NATClUTOCf Els LU NJ.
! Der COMPANY LIMITED" IL,
/ domicile is the parish OF NatchitOche,
State Of Louisiana. Under its corpo
rate name it shall have and enjov sue.
cesslon for a period or TWENTY
FIVE (25l YEARS from this date
unless dissolved as hereinafter pro.
vided. All legal process and citations
shall be served on its President. OF
in his absence on its Vlce-president
or in his absence Of both on its Sec
retary-Treasurer, at the Office of the
Company.
ART. II.
The capital stock of this corpora.
tion is hereby fixed at the sum OF
THREE THOUSA Nd t$3,OOO.OO
! DOLLARS, divided into Thirty
shares of the par value of One Hun
dred Dollars each, to be paid in cash
on ten days notice to the stockhold-
ers by the Board of Directors, and it
shall commence business and become
an active concern as soon as the whole
of it's capital stock is subscribed and
paid. No sale or transfer of stock
shall be valid until transferred on the
books of the Company.
ART. III
The purpose for which this corpo-
ration is formed and the nature of
the business to be carried on by it
are declared to be- To buy and sell
all kinds of timber and timber lands
and timber products: to cut and man
ufacture rough and tinished lumber
Of all kinds; to buy and sell goods.
wares and merchandise to it's en-
ployees and to all other persons; to
conduct general saw mill and plan
ing mill business, and tor these pur-
poses to own, construct and operate
tram roads and appurtenanceeS. loco
motive, cars and other vehicles for
transportation. to own and operate
logging teams and Appliances; to
own and operate saw mills. planning
mills and all fixtures and appurten-
anceS, and to own, conduct and oper-
ate commiSSary and all usual ap-
plicances and machinery necessary to
the conduct of its business and af-
fairs.
ART. "
The corporation should have power
to sue and be sued: to plead and to
be implicated; to contract and be con-
tracted with; to buy. to own and to
sell both real and personal property
to mortgage, pledge and to hypothe-
cate its property; to borrow money,
all as may be determined by its Board
of Directors; and generally have power
and authority to do and perform any
and all things authorized and per-
mitted under the laws to such bodies
corporate.
ART. V.
The affairs of this corporation, its
property and business, shall be man.
aged by Board Of Directors to be
composed of three stockholders, Whos
shall be elected annually on the First
Monday OF December of each year,
and who shall hold their Office for
period of One Year, or until their
successors are elected and qualified,
provided that any vacancy occurring
on said Board from death or other
wise, shall be filled bV the remaining
members Of the Board for the unex-
pired term, The first Board Of Uirec-
tors shall be Paul Nj. Potts, who shall
qe President A. M. Russ who shall be
Vice. President and K. H. Potts who
shall be Secretary Treasurer, and they
shall hold their respective offices un-
I'll the first Monday in December
1914, or until their successors are el-
ected and qualified. Two members OF
the Board of Directors shall consti-
tute quorum for the transaction of
any and all business.
ART. vi.
All meetings of stockholders shall
be held at its Office in the Parish of
Natchitoches. La; each stakeholder
to be entitled to one vote for each
share OF stock registered in his name.
Votes may be cast in person or by
written proxy, and at all meetings of |
stockholders a majority of the stock |
present or represented and voting
shall control. Ten days notice shall |
be given of all stockholders meeting |
by written notice mailed to each |
provided that where such
notice is not required by law the
the stockholders NAV by unanimous
waive, in writing, such no.
lice.
ART. VII
This act of Incorporation may be
altered or changed or this
may be dissolved, by a
hree fourths vote of the stock cast
It stockholders meeting duly called
or that purpose, after thirty days
'rinted notice and notice mailed TO
ach stakeholder as provided by law.
Whenever this corporation is dis
Owed, either by vote of its stock
lolders or by limitation. its affairs .
hall be liquidated by two commits
toner's elected for that purpose. who
hall be elected by the stockholders,
With such duties and under such
ond as may be prescribed by the
ART. VIII.
The Board of Directors of this cor
Grafton shall have full, complete and
xcluSive power to make and eStab-
fish all rules, regulations and bylaws
Or its government and the conduc
its business and shall have power
D employ or discharge all agents,
managers and other employees neceS-
ary for the proper conduct of its
usiness and may delegate such DOW
rs possessed by them to one or more
Ulcers of this corporation, or to
ther persons.
ART. TX
The undersigned interpretations
respectively the amounts
I the capital stock and the number
| shares set opposite their names,
nd this subscription is declared to
. in lieu CT the original subscription
st. 8