The Colfax chronicle. [volume] (Colfax, Grant Parish, La.) 1877-1981, 1916-07-29
CHARTER
Colfax Timber Co., Inc.

Before me, j. B. Roberts, a notary
public, duly commissioned, sworn and
qualified in and for the parish of Grant,
State of Louisiana, personally came
and appeared Frank Comfy. j. H. Nc
Nicely, w. b. Strother and j. B. Nc
Knight, all residents of and domiciled
in the town of Colfax, Grant parish,
Louisiana, who declared that avaiIing
themselves of the laws of the State of
Louisiana, especially of Act 267 of the
Acts of the General Assembly of said
State of the year 1914. relative to the
formation of corporations, they have
and do hereby form themselves into
and create BODY polite and corporate
in law under the following name and
conditions, stipulatIons and agreements,
to-wit:
ARTICLE
The name and style of this corpora
tion shall be ''Colfax Timber Company,
incorporated" and under its said cor
porate name it shall have existence for
period of fifty years, and its domiciie
is fixed at Colfax, said parish and State.
ARTICLE 2.
The purpose for which this corpora
ton is organized and the business it
shall carry on are hereby declared to
be to buy and sell timber, logs, and
such like. and timber lands, ties, slaves,
and such like, and to cut and remove
timber from lands and do all things
necessary therein, and generally to en-
gage in the timber business in all it's
features, and herewith to conduct~aad-
operate commissary department or
store, and generally TO do all things
necessary and Iuseful in the carrying
out of Abe purposes for which this cor
poration is created, such as owning
and operating barges to haul and de-
liver logs and other timbers on the
streams of this State, and to employ
all labor necessary and useful for the
carrying on the business and the pur-
poses for which this corporation is
formed.
ARTICLES.
The capital stock of the corporation
is hereby fixed at five thousand dollars,
divided into five hundred shares of ten
dollars each, and this corporation shall
begin business as soon as fifty per
centum of the capital stock of the cor
poratlon has been subscribed and fifty
per centum of such subscription paid
in, and the capital stock of the corpor-
ton may be increased five thousand
dollars additional, that is to a total
capitalization of ten thousand dollars.
All stock subscribed for shall be paid
for in cash or in its equivalent in prop
erty as required by said Act 267 of 1914.
ARTICLE 4.
The first board of directors shall con-
sist of j. H. McNeely, w. B. Strother,
Frank Comfy and j. B. Mcknight, who
shall hold Office until the first Monday
in July, 1917, on which day and annu-
ally thereafter the stockholders shall
meet to elect a new board of directors,
provided that when said day falls on a
legal holiday the meeting shall be held
the day thereafter.
j. B. Mcknight shall be president of
this corporation, ]. H. McNeely shall
be vice president, w. B. Strother shall
De secretary-treasurer, and Frank Con-
y, manager, and each of these officials
shall hold Office at the will of the board
If directors and no longer.
ARTICLE 8.
The corporate powers of this corpor-
alton are hereby vested in the board of
directors and they shall have all the
powers, which, under the
laid Act PSI of 1914 and especially Sec
ion seven thereof, boards of directors
If corporations are vested with, to
which act ana said section thereof ref
.rence is made and same made q part
lereof. The board of directors shall
tx the duties of the several officers of
his company.
ARTICLE 6.
The names and postoffice address of
he subscribers to the capital stock of
his company are as follows: }. II.
dcNeely, Frank Comfy, w. b. Stroth-
n, and J. B. Mcknight, all of whom
eside at Colfax, Grant parish. La.
Thus done, read and signed at Colfax,
"a, on this the 18th day of June, 1916.
j. B. MCKNIGHT.
j. H. McNEELY.
F. COMFY.
w. B. STROTHER.
Witnesses:
c. E. STROTHER.
r. X DIIEEEY