The Natchitoches enterprise. (Natchitoches, La.) 1888-1965, 1914-01-08
State of Louisiana
Parish of NatchitOCheS

unto subscribed, in the presence OF
the undersigned witnesses, who De
clared to me Notary. that awaiting
themselves of the provisions OF the
laws of this State, authorizing the
formation of corporations, ties ="
formed themselves. ana Others VIC
NAV hereafter become associated "ltH
them, into corp jratlNn and hod,
corporate. for ,ie objects ana paf-
u9SeS herein stated ami under the !ol
lowing charter:
ART /
The name end style OF this cUrpp
alton is "NATCiIIOCIiES LU II
Der COMPANY LIMITED" It,
iomiciln is the parish Of Natchitoches
State of Louisiana. Under its corpo-
rate name it shall have and enjoy sue
cesslon for a period of TW ENT4-
FIVE (25) YEARS from this date,
unless dissolved as hereinafter pro-
vided. All legal process and citations
shall be served on its President. or
i'm his absence on its Vice 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 THOU SA N d ($3.OO0.Ool
DOLLARS, divided into Thirty
shares of the par value of One Hun
bred 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 its 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
ali kinds of timber and timber lands
and timber products; to cut and man
ufacture rough and finished lumber
of all kinds; to buy and sell goods.
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 APP
plicances and machinery necessary to
the conduct of its business and al
fairs.
ART. w
The corporation should have power
to sue and be sued: to plead and to
be lmpleaded; 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 he 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, who
shall be elected annually on the First
Monday of D9cember/of each year,
and who shall hold their Office for a
a 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 by the remaining
members or 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 r. H. Potts who
shall be Treasurer, and they
shall hold their respectiue offices I'M
I'll the first Monday in December
1914, or until their successors are ell
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 De 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 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
stockholder, provided that where such
notice is not required by law the
the stockholders NAV by unanimous
consent waive, in writing, such no
tice.
ART. VII
This act of incorporation may be |
amended altered or changed or this |
corporation may be dissolved, by a |
three fourths vote of the stock cast |
at a stockholders meeting duly called |
for that purpose, after thirty days |
printed notice and notice mailed TO
each stakeholder as provided by law.
Whenever this corporation is dis
solved, either by vote Of its stock
holders or by limitation. its affairs
shall be Iiquidated by two commits
sioners elected for that purpose, who
shall be elected by the stockholders,
with such duties and under such
bond as may be prescribed by the
stockholders.
ART. VIII. /
The Board of Directors of this cor
poration shall have full, complete and
exclusive power to make and estab-
hlish all rules, regulations and bylaws
for its government and the conduc
of It's business, and shall have power
to employ or discharge all agents,
managers and other employees neces-
sary for the proper conduct of its
business and may delegate such DOW
ers possessed by them to one or more