The Colfax chronicle. [volume] (Colfax, Grant Parish, La.) 1877-1981, 1915-12-25

TO be: To purchase own, issue and otherwise
acquire railroads. jogging roads. tram-ways.
teams. wagons and other logging equipment for
the purpose Of the transportation of logs. lnm-
ber timber, aud other wood products, and to
make and engage in contracts and in the con-
tracing business for the transportation and de-
livery etc either OF the crnde or OF the finished
product; to purchase. own lease. or otherwise
acquire and operate mills. planning mills and
other plants for the manufacture of timber. lum-
ber and other wood products; to purchase. own.
lease or otherwise acquire timber. tmbered
lands. farm lands. and to sell the same. and to
act as brokers or agents for the sale thereof; to
purchase own. lease or otherwise acquire stores,
commissares. et.. for the buying and selling as
wholesale retail rrhants. all kinds of gener
al merchandise. and to operate many branch
stores aud comnIissares MS may be deemed neces-
sary for the BUSH of this corporation and gen.
orally to do and perform all such things as may
be necessary. proper and convenient in eonnec
ton with the above objects and purposes in the
state of Louisiana or elsewhere as may be nee
essary by this corporation to carry out the OBJ
ject and purposes for which this corporation Is
organized.
ARTICLE Nv.
The capital stock of this corporation is hereby
fixed mt the sum Of Ten Thousand Dollars divid-
ed into and represented by one hundred shares
of the par value OF One Hundred Dollars each.
No transfer OF stock shall be binding upon this
corporation unless the same appears upon its
books. The stockholders may. in the manner
provided by law, from time To time. Increase the
capital stock of the corporation to such an
amount as they may see lit. and may divide the
stock into different classes. they may deter
mine. out the total amount shall not exceed the
amount of Twenty-Five Thousand Dollars.
ARTICLE V.
The corporate powers of this corporation shall
be vested in board OF directors to be composed
of not less than three persons and TO be elected
by the stockholders at a general meeting to be
held ON the first Monday in the mouth OF No
vember OF each " Al. and each director shall be
stakeholder of this corporation.
Until the selection herenabove provided.
the following shall constitute the first board of
directors, viz: A. ". Stewart, c. A. stewart and
NJ. l.. Stewart. the postotiice address OF each of
said persons being Pollock. Grant parish. Louis
lana: OF which A. ". Stewart shall be president,
q. A. Stewart vice president. and NJ L. Stewart
secretary and treasurer.
ARTICLE vi.
At the termination of this charter. or in ease
Of the dissolution of this corporation it's affairs
shall be liqudated by three stockholders acting
as liquidation commissioners, TO be selected at
general meeting of the stockholders.
c. A. Stewart. one Of the incorporators OF this
corporation, hereby subscribesfor ten (lO) shares
of the capital stock of said corporation and has
this day paid to said corpora eion the sum of one.
Thousand tSlOoo.oo) dollars cash therefor
NJ. l.. Stewart, one of the incorpoiators of this
corporation. hereby subscribes for twenty t2o)
shares of the capital stock OF said corporation
and has this day paid to said corporation the
sum of two thousand ($2ooo.0Ol dollars cash
therefor
A. W. stewart. one Of the incorporators of this
corporation. hereby subscribes for thirty (3o)
shares OF the capital stock OF said corporation.
and in payment therefor has this day transferred
to the said corporation in full settlement for
said stock, the following described property. to-
wit:
Four (4D log wagons complete and fifteen
tloD yoke OF oxen <z3U0 w