The Era-leader. [volume] (Franklinton, La.) 1910-current, 1914-01-01
CHARTER
Of Southern Products Company.
located at Franklinton, la.
STATE OF LOUISIANA,
Parish of Washington.

BE IT KNOWN AND REMEM--
BERED, That on this the 10th day OF
December, 1913, before me, LlNDSA,1
McDOUGALL, a notary pubilc' duly
commissioned and qualified in ana lot
the Parish of Washington, state OF
Louisiana, and in the presence OF tne
witnesses hereinafter named ana uii-
derSigned:
PERSONALLY CAME AND AP-
FEARED:
The several persons whose names are
hereunto subscribed, who SeVeTdllg ~
clared that, availing themselves VI tnI
laws Of the State of LoQlslald' ia 49,
cOyenanted and agreed. and do by lhese
presents, covenant and agree ana plilu
themselves. as we'll is all Such per-
sons as NAV hereafter become assn
ciated with them, to form a corpolal
ton for the objects ana purposes al an
under the articles and stlpulatloHs 1ol
lowing, to-W1t:
ARTICLE I.
The name of this corporation shall
be THE SOUTHERN PRODUCTS
COMPANY" and under its SAID coTpoi-
ate name it shall have power ana az.
existence and succession for the lull
term and period of nlnety-nlne years
from and after the date hereof; to con,
tract; sue and be sued to make ana
use a corporate seal, and the same 70
alter and break at pleasure; TO holu'
receive, lease. purchase and convey
as we'll as mortgage and hypothecate'
property real, personal and mixed, cor,
poreA and incorporeal; 10 name ana
appoint such managers, agents, direct
Ors and officers as its business inter
est and convenience may REQUIRE ana
to make and establish as we'll 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 Franklinton
Washington Parish, Louisiana, and al
citations or other legal process shall!
be served upon the president of said
corporation or in the event of his
absence or inability to act, upon the
vice-president thereof, and in the alb
sence of both of said officers, upon the
secretary of said corporation.
ARTICLE III.
The objects and purposes for whicf
this corporation Is organized, and the
nature of the business to be carried or
by it, are hereby declared to be: Tt
construct or otherwise acquire, main
tain and operate for the manufacture
saw mill, or more than one, to be To-
Gated in such place or places as the
business of said corporation may re
quire; to buy and sell lumber and rail
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 thu
produce thereof; to construct or other
wise acquire, mills and refineries fol
the manufacture of sugar cane syrup
to buy and sell real estate. and t.
carry on general merchandise bust
ness in said Parish of Washington, il
the town of Franklinton, or in an!
other place as may be necessary fo
the proper management Of the bushes:
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
forth.
ARTICLE w.
The Capital Stock of said corpora
ton Is hereby fixed at the sum O.
TWENTY-FIVE THOUSAND DOL
& LARS, divided into and represented b!
. TWO HUNDRED AND FIFTY SHARES
of stock of the sum of ONE HUN
E DRIED DOLLARS each Said stock shall
be paid fer in cash, at such time, IL
I such amounts, and after such notice
to the subscribers, as may be fixed b!
the Board of Directors, or the sam,
may be issued at not less than par
for labor done or property actual,
received by the corporation.
The corporation shall be a going con
Germ and be authorized to do business
as soon as TWO THOUSAND DOL
LARS of it's capital stock shall have
been subscribed for.
ARTICLE V.
All the corporate powers of said cor
poration shall be vested in and eXer
cised by a 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 holt
their offices until TIE second Monda!
in January, 1914.
All such elections shall be held by
ballot and conducted at the office O
said corporation, and notice of such
election shall be given by the secre
tary of said corporation by publication
for not less than ten days prior in {
newspaper published in Washington
+ Parish. Louisiana.
At all such elections each stock
holder shall be entitled to one vote
for each share of stock standing il
his name on the books of the corpora
ton, to be cast by him in person or by
his written proxy, and a majority Of
the votes cast shall elect.
Any vacancy occurring in the Boart
IF Directors by death, resignation Oh
otherwise. shall be filled by election
for the remainder of the term by thu
remaining directors. A failure to cleo
directors on the date above specified
shall not dissolve this corporation, MOI
Impair It's corporate management bu
the directors then In office shall re
main In office until their successor.
are elected and qualified.