The Bossier banner., 1915-08-12
CHAR TIE Z
Johnson Grayson Lumber
Company, Incorporated.

WHOSE pOStOUCe dQuF6SS Is NldSuOlld,
Ark, H. H. Johnson, whose postofice
address is Haughton, La, and Herbert
H. johnson, whose postoffice address is
Haughton, La, who stated and de-
clared to me, notary, that, availing
themselves of the Constitution and laws
of the State of Louisiana, they have
formed and constituted themselves and
do by these presents form and consti-
tute themselves, as we'll as such other
persons as may hereafter become asso-
ciated with them, into a corporation and
body corporate and have adopted and
ordained as their act of incorporation
the following, to-wit:
ARTICLE I.
The name and title of this corpora
tion shall be the "Johnson Grayson
Lumber Company, Incorporated" with
its domicile at Haughton, La, and under
said corporate name it shall have and
enjoy succession for period of fifty
years, unless sooner dissolved, as here
matter provided. All legal processes
shall be served on the President, or in
his absence on the Vicepresident, or
Secretary, at the Office of the company.
ARTICLE II.
The purpose for which this corpora
tion is formed and it's objects are hereby
declared to be, to manufacture, pur-
chase, sell and dispose of lumber and
timber, to acquire, own and dispose OF
timber and timber lands, and in connec-
ton Herewith to own and operate saw
mills, planning mills and machinery nee
essary in the manufacture of lumber and
lumber products, and to own and dis
pose of both real and personal property
as may be necessary in conducting said
business.
ARTICLE III.
The capital stock of this corporation
is hereby fixed at the sum of Six Thou
sand Dollars (S6000) divided into sixty
shares of the par value of One Hundred
Dollars (S10O each, and it shall COM
mence business whenever so per cent o1
its capital stock is subscribed for, as
provided by the laws of the State o1
| Louisiana. Inasmuch as the payment
for part of its capital stock is to be
made by transfer to the company Of
certain property, detailed list OF the
same, with the fair value thereof, is
hereto attached and made part hereof
ARTICLE ".
The affairs of this corporation shall be
managed and controlled by a Board o1
holders, who shall be elected annually
on the second Monday in July of each
year at stockholders meeting callec
for that purpose, and who shall hole
office for one year, or until their sue
cessors are elected and installed. Unit
the election in July, 1916, the following
1 shall constitute the officers of this com.
pany, as we'll as its Board of Directors
T. S. Grayson, who shall be President
and H. H. johnson, who shall be Gen.
eral Manager, Vicepresident and Treas
urer, and Herbert H. Johnson, who shall
be Secretary. The Board of Director!
shall exercise all of the corporate power!
of this corporation, and may delegate
the same, or part thereof, to sucl
officers and agents as they deem best
| and shall have authority to fill any va,
cancy occurring in said board by tn,
election of stockholder for the unex.
pired term.
/ ARTIcLEv
This corporation may be dissolved, o.
|
of three-fourths of the stock voted a
any meeting called for that purpose, il
accordance with the laws of the State O
Louisiana; and at each stockholders
meeting each share of stock shall be en-.
titled to one vote to be cast by its owne
in person, or by written proxy. When
ever this corporation is dissolved b!
limitation, or otherwise, its affairs shall
be liquidated by one or more liquidators
elected by the stockholders, who shal
perform such duties, and have sucl
powers as the stockholders may deem
proper.
/ ARTICLE vi.
/ No stockholder OF this corporation
shall ever be held liable for the con
tracts or faults thereof in any furthe
sum than the unpaid balance due on hi!
stock; nor shall any mere informalit,
have the effect of rendering this chartel
null or OF exposing any stockholder tt
any greater loss than his stock.
In testimony whereof the said parties
have hereonto signed their names, ant
have set opposite each the number O
shares of stock subscribed for by them
in presence of me, notary, and the at
testing witnesses, on this, the 10th da!
of July, 1915.
T. S. GRAYSoN 80 Shares.
II. Fl. JOHNSON -. n Shares.
| HERBERT H. JOHNSON 3 Shares.
Witnesses:
A. L. ALEXANDER.
| B. BUCKLEY.
/ JNo. D. WILKINSON,
/ Notary Public.
Endorsed = Filed for record July II
1915, at nine o'clock am.
/ JAS. NJ. HENDERSON,
Clerk and ex-oficio Recorder.
State Of Louisiana, hereby certif,
Parish of Bossier. that the above ant
foregoing is true and correct copy o
the original act, as the same now ap
pears on file in this Office, duly recorded
July II, 1915, in Mortgage Record o
Charters, volume w, page is ct seq.
Given under my hand and seal, Off
cially, on this, the 17th day of July
A. D. 1915. JAS. M. HENDERSON,
Clerk and ex-officio Recorder, Bessie
Parish, Louisiana. 29-4
IlIiIIIllIIIIIIlIIlII Observation-Disclosures