The Era-leader. [volume] (Franklinton, La.) 1910-current, 1914-01-15
PERSONALLY CAME AND AP-
FEARED:

w
dersigned:
PERSONALLY CAME AND AP-
FEARED:
The several persons whose names are
hereunto subscribed, who seVerally de-
clared that, availing themselves or the
laws of the state of Louisiana, IN Such
cases made and provided, they nave
coyenanted and agreed, ana 90 by THESE
presents, covenant and agree ana plHu
themselves, as well as all SUCH per-
sons as may hereafter become asso-
ciated with them, to form corpora
ton for the objects and purposes ana
under the articles and stipulatlons fol-
lowing, to-Wit:
ARTICLE l.
The name Of this coTporSatnio%nI s f3ai
be THE SOUTHERN PRODUCTS
COMPANY" and under it's said c0rpor-
ate name it shall have power and au-
thority to have and enjoy corporate
existence and succession for, the lull
term and period of nInety-nlne years
from and after the date hereof; 10 con
tract; sue and be sued; to make ano
use a corporate seal, and the same u
alter and break at pleasure; to holu
receive, lease. purchase and convey
AS well as mortgage and hypothecate
property, real, personal ana mlXeu' coz
pOreal and incorporeal; to name anu
appoint such managers, agents, dlrecl-
ors and officers as its business lhtei,
est and convenience may require, anu
to make and establish, as well as after
and amend from time to time, such py-
laws, rules and regulations for the
government of said corporation as may
be necessary and proper.
ARTICLE II.
The domicile of said corporation
shall be in the town of .Franklintonn
washington Parish, Louisiana, and al
citations or other legal process shal
be served upon the president of salo
corporation, or in the event or MS
absence or inability to act, upon the
viee-president thereof, and in the abb
serlce of both of said officers, upon the
secretary Of said corporation.
ARTICLE III.
The objects and purposes for Whlcf
this corporation is organized, ana tns
nature of the business to be carried OF
by it, are hereby declared to be: Tt
construct, or otherwise acquire, main
tain and operate for the manufacture
of lumber of all kinds and grades,
saw mill, or more than one, to be 10
Gated in such place or places as tn'
business of said corporation may re
uuire: to buy and sell lumber and raj
road ties, and to maintain offices II
connection with the same, as we'll a.
to buy and sell farm products; to owl
and operate farms. and to sell tn
produce thereof; to construct or otner
wise acquire, mills and reflnerles 10
the manufacture of sugar cane syrup
to buy and sell real estate, and t
carry 'on a general merchandise bust
ness in said Parish of Washington, II
the town of Franklinton, or in an.
other place as may be necessary 10
the proper management OF the business
affairs Of said corporation, and gen
orally to hold and exercise all such in
cidental powers and privileges as re
late to the subjects hereinbefore Sc
ARTICLE ".
The Capital Stock of said corpora
ton is hereby fixed at IT, the sum oI Q
LARS, divided into and represented b.
& TWO HUNDRED AND FIFTY SHARE
OF stock. of the sum of ONE HUN
DRED DOLLARS each. Said stock shall
be paid for in cash, at such time, II
such amounts, and after such motto
to the subscribers, as may be fixed b.
the Board of Directors, or the sam
may be issued at not less than pal
for labor done or property actuall
received by the corporation.
The corporation shall be going con
Germ and be authorized to do bushes
as soon as TWO THOUSAND DOL
LARS of its capital stock shall hav
been subscribed for.
ARTICLE V.
All the corporate powers Of said cor
poration shall be vested in and exer
cised by Board of Directors, to b
composed of four stockholders, to b
elected annually on the second Mon
day in January in each year, eXcep
the fast appointed Board of Director
under this charter, who shall hOl
their offices until the second Monda
in January, 1914.
All such elections shall be held b
ballot, and conducted at the office o
election shall be given by the secre
tary of said corporation by publication
for not less than ten days prior in
newspaper published in Washingto
/. Parish, Louisiana.
At all such elections each stock
holder shall be entitled to one vot
for each share of stock standing i
his name on the books of the corpora
ton, to be cast by him in person or b
his written, proxy, and a majority o
the votes cast shall elect
Any vacancy occurring in the Boar
of Directors, by death, resignation o
otherwise, shall be filled by electio
for the remainder of the term by tn
remaining directors. A failure to cleo
directors on the date above specific
shall not dissolve this corporation, no
impair its corporate management bu
the directors then in office shall re
main in office. until their successor
are elected and qualified.
The Board of Directors shall cleo
from their number a president an
vice. president. They shall elect sec
who shall be both, either of whom ma
or may not be members of the Boar
of Directors. They may, from time
time, name and appoint all such othe
officers and agents as 1t may deer
necessary for the business of the cor
poration. They shall have power
fix and define the duties of each Off
Ger and employee, and all officers an
employees shall hold office and EN-
ployment at the pleasure of the Boar
of Directors.
The Board may make, alter an
amend all such bylaws, rules and reg
ulations as it may deem necessary fo
the. support and management of tn
business affairs of said corporation.
The said Board shall have full powe
and authority to borrow money, to eN
ecute mortgages and to create liens; t
issue bonds, notes and other obiiga
tions, and generally to do all thing
reasonable, convenient and necessar
for the proper carrying on of the bus
ness of said corporation.
The Board of Directors shall hav
power to issue full-paid shares of stoc
for cash, or in payment of labor don
or property actually received nv sai