The Natchitoches enterprise., 1917-04-26
CHARTER
STATE OF LOUISIANA, !
PARISH OF NATCHITOCHES /


is Boyce. La, and V. G. Philips, whose
post office address is Provencal, La,
the said V. G. Philips also representing
one, H. A. Lurton, whose post Office
address is Pensacola, Escambia County,
Florida, by power of attorney hereto
affixed and made part hereof, who de-
clared unto me that they, the said J..
F. Mathis, V. G. Philips and H. A..
Lurton, hereby agree to and do organ
lie corporation and apply for letters
patent incorporating themselves, their
associates, successors or assigns in ac-
cordance with the laws of the State of
Louisiana and upon md under the fol-
lowing proposed Charter, to-wit:
The name of the corporation shall be
PROVINCIAL TURPENTINE COM
.PANY, INC, and its principal Llace of
business and domicile shall be at Prov
eneal, Natchitoches Parish, La. 1t
shall have the power to establish such
other places of business in said state or
elsewhere as it's Board of Directors or
Stockholders may determine.
The corporation is organized for a
8,
The amount of capital stock hereby
authorized shall be thirty thousand dol
lars $3.50, ,000.00) divided into three hun
dred (300) shares of one hundred dol
lars ($10O.O0,) each payable in cash or
property.
The objects and purposes of the cor
poration shall be to own, use, buy, sell,
rent, lease, mortgage, manage, operate
and improve lands and timber and more
turpentine orchards, to i'm
prove and develop lands for sale, rent,
farming or other purposes, to produce,
bny and sell turpine and
rosin and the by-products thereof, to
own, operate and maintain mercantile
and commissary business and all the
real, personal, movable and live stock
or motor driven properties necessary or
desirable in the conduct of its busi-
nesses; to own, operate, lease and sell
sawmills, tram-roads, steamboats,.
barges, or other means of transporta-
ton, Except as common carriers) to
mortgage or pledge the properties of
the corporation, to make use of a COM
ure, to appoint such officers, agents
and employees as the aforesaid busi-
nesses may require, to fix their COM
pensation and through the Board of
Directors, all needfull bylaws for the
government of the corporation: and
generally, to do and perform all acts
which may be required, necessary or
beneficial in the successful conduct Of
the businesses Of the said corporation.
The business Of the corporation shall
be conducted by the following officers,
viz: President, a Vice President and
a Secretary Treasurer, and Board of
Directors consisting of not less than
three nor more than nine members, the
to be fixed at any stockholders
meeting, but when not 80 fixed. three
members shall constitute full board.
The Directors shall be elected annually
by the stockholders at meeting to be
held on Tuesday after the second Mon
day in January of each year. and the
other officers shall be chosen annually
by the Board of Directors at meeting
to be held on the same day after the
above stockholders meeting or as soon
thereafter as practicable.
Other stockholders meetings may be
neld in accordance with the laws and
vacancies among the officers or board of
directors shall be filled also according
to the laws of the aforesaid State.
6.
Until the first annual meeting the
officers of this corporation shall be:
J. F. MATHIS, Pres.
H. A. LURTON, Vice-Pres.
V. G. PHILIPS, Sec.-Tres.
The Board of Directors shall consist |
If the above named officers and the |
'aid v. G. Philips shall act as General
Manager.
All meetings of stockholders and di- |
'ectors shall be held at the domiclle of |
he corporation and notices of such
meetings shall be delivered in person |
,r by registered mail in writing to the |
asst known address of the stockholders. |
8.
This corporation may amend its
.harter or liquidate its business at a I
stockholders meeting upon two-thirds |
,ote of the stockholders present. Fif-
cen days written notice of such meet
ng together with statement of the OBJ
ects and purposes thereof shall be |
,iven In person or by registered mail
o all stockholders of the corporation.
n case of liquidation, the Board of di-
ectors shall appoint a liquidator.
Citation and other legal process shall |
,e served on the President of the cor
,oration or in his absence on the next |
anking officer.
No stockholder shall ever be held
liable or responsible for the contracts
Ind faults of this corporation in any |
urther sum than the unpaid balance of |
he stock for which he has subscribed;
Tor shall any more informaliuy in Or
yanizing this corporation have the |
effect of rendering this charter null and |
roid or In exposing the stockholders to
my liability other than as above pro-
vided.
Each of the incorporators hereto SUBJ
scribe to the capital stock for one hun |
lred shares (100) each of par value of |
me hundred dollars (s100.00,) the ag-
yregate being thirty Thousand dollars
$50, 000.00;) the same this date being |
paid in full by property in equal indivi-
sion by the incorporators, itemized, de-
,cribed and appraised by the Board of
Directors and transferred to this Cor |
ooration as shown by deeds and acts
annexed hereto and made part of this
act of incorporation as provided by law. !
Certificates of the stock as herein
provided in kind and amounts shall be
issued to the said interpretations. This
charter together with the annexed deeds
includes the subscription to the capital
.A1nlr