The Madison journal., 1917-03-24

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Amendments to Articles of In
corporation Of Pelican Coop
erage and Lumber Company
State of Louisiana,
Parish of Madison.
RE 1T KNOWN AND REMEMBERED. that
on this. the oath, day of February A.
D.. 1917. before me John E. Yerger. A
Notary Public, duly commissioned. quail
fed and acting within and for the Parish
OF Madison, Louisiana, personally came
and appeared George s. Yerger, Presi-
dent of the Pelican Cooperage & Lumber
Company, and Chairman of a meeting
of stockholders held at their 0ffice and
domicile on the oath, day of tet uary,
1917; and E. B. Everard. Secretary Of
said corporation and Of said meeting.
who declared and acknowledged unto
me, Notary, in the presence of the two
attesting witnesses, that at meeting of
the stockholders of said corporation
held at the domicile of said corporation
at Mound, La. on the oath day of Feb
ruary, 1917, and convened in accordance
with Section 10 of Act No. 267 of the
Acts of the State of Louisiana for the
year 1914, it was by vote of all of the
stock of the company issued and out
standing, all of which stock was present
at said meeting and voting therein, re-
solved to amend and change articles one
and four of its Charter, which changes
and amendments received the affirma-
tive vote of all of the stock of the COM
pany outstanding.
Said appearers further declared that
in accordance with said vote at said
stockholders meeting. article one of said
corporation was changed and amended
so as to read as follows, to-wit:
ARTICLE l.
The name and title of this corporation
shall be Pelican Lumber Company, Inc,
and by this name the corporation shall
exist and enjoy succession for the full
term of ninety-nine years from the date
of this act; it shall have the power to
make and use corporate seal and the
same to break or alter at pleasure; to
contract; to sue and to be sued. to pur-
chase, hold, own, lease, accept by dona-
tion or acquire in any other manner
authorized by law; to ALLEVIATE, hypo-
thecate, sell, mortgage or pledge real
estate, personal or mixed property,
rights. grants and franchises; to borrow
or loan money; to give and receive Sc
curities by mortgages, pledges or any
other legal manner, to elect and appoint
directors and such other officers, agents
and employees as the interest and busi-
ness of said corporation may require and
generally to do and perform all thirgs
necessary to the proper conduct and
management of the affairs and manage
ment of this corporation.
Appearers further declared that arti-
Gle four of this corporation was amended
so as to read as follows, to-wit:
ARTICLE 4.
The authorized capital stock of this
company is fixed at the sum of one
hundred thousand $500, 900. OOI dollars,
divided into one thousand [1OO0l shares
of the par value of one hundred 1890.
dollars each, which shares shall be fully
paid for in cash or property before being
issued. The capital stock may be in
creased or diminished according to the
general law of the State on that subject;
the stockholders at the time of such in
the additional shares in the proportion
which the shares held by each share
holler bears to the capital stock prior
to such increase. No transfer of stock
shall be valid or binding on the company
unless made on the books Of the cor
poration. This corporation shall begin
business and this Charter be effective as
soon as one hundred shares Of the capital
stock of this company are subscribed
and paid, and list of the original
subscribers 10 the capital stock of the
said corporation showing the number of
shares and the amount by each sub
scribed is affixed as the original SUBJ
scription ist of this corporation and the
total capital stock having been sub
scribed for this corporation is authorized
to comm nee business Immediately. No
stockhold shall sell his stock to a nom
stockhol Ter without first offering it for
sale ten days to the directorate of this
corporation.
Said s2pearers further declared that
in order to carry out the objects and
pur poses Of said stockholders meeting, !
and to clothe said amendments in proper J
form and to give them legal force and
effect; the said appearers under and by
virtue of said resolutions, one Of the orr |
ginals of which is hereto annexed and |
made part hereof, do hereby formally
declare that articles one and four of the !
Charter of the Pelican Cooperage &
Lumber Company of Mound, Louisiana,
have been altered and amended in the |
manner and form and to the extent |
hereinabove set out, and in accordance |
with e directions set forth in said re-
solution, the foregoing amendments are
herewith filed for record with the Clerk |
of the Court and Ex- -Officio Recorder for |
the Parish of Madison. Louisiana, and
with the Secretary of State of the State |
of L Duisiana, and that the same be pub |
lishe !, all in accordance withthe laws of
the State of Louisiana.
Thus done, executed and signed in the
presence of A. G. Bray and J. w. Ham
mock witnesses Of lawful age and domi-
cile, and me, said Notary. on this the
oath, day of February A. D.. 1917.
GEORGE S. YERGER,
E. B. EvERARD, Chairman.
Secretary.
Witnesses:
A. G. BRAY
Z