The Natchitoches enterprise., 1917-05-03
CHARTER
STATE OF LOUISIANA

I | duOIeSs
Is Boyce. La, and V. g. Philips, whose
post Office address is Provencal La
the said V. G. Philips also representing
one, II. A. Lurton, whose post office
address is Pensacola, Escambia County,
Florida, by power of attorney hereto
affixed and made part hereof, who de-
ciared 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 and 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
encal, Natchitoches Parish, La. 1t
shall have the power to establish such
other places of business in said state or
elsewhere as its Board of Directors or
Stockholders may determine.
2.
The corporation is organized for a
period of ninety-nine' (99) years.
The amount of capital stock hereby
authorized shall be thirty thousand dol
lars $3.50, 000.00) divided into three hun
dred 5000 shares Of one hundred dol
lars O'OO,) each payable in cash or
The objects and purposes of the cor
poratlon shall be to own, use, buy, SELL |
rent, lease, mortgage, manage, operate |
and improve lands and timber and more |
especially 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 orI
desirable in the conduct of its busi-
nesses; to own, operate, lease and sell |
saYmllls, 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
mon seal and alter the same at pleas
ure, to appoint such officers, agents
and employees as the aforesaid busi-
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.
< Il
The business of the corporation shall
be conducted by the following officers,
viz: a President, President and
! cretary-Treasurer, and a Board of
Directors consisting of not less than
,hree nor more than nine members, the
lumber to be fixed at any stockholders
Meeting, but when not SO fixed. three
members shall constitute full board.
The Directors shall be elected annually 6
~ the stockholders at meeting to be |
leld on Tuesday after the second Mon ,
lay in January of each year. and the i
ther officers shall be chosen annually
" the Board of Directors at a meeting I
o be held on the same day after the h
bove stockholders meeting or as soon 5
hereafter as practicable. Y
Other stockholders meetings may be n
eld in accordance with the laws and t
acancies among the officers or board of t
irectors shall be filled also according
, the laws of the aforesaid State.
Until the first annual meeting the n
fficers of this corporation shall be: o
J. F. MATHIS, Pres. e
H. A. LURTON, Vice-Pres. 2
V. G. PHILIPS, Sec, Tres. Il
The Board of Directors shall consist k
the above named officers and the a
lid V. G. Philips shall act as General Il
anager. R
All meetings of stockholders and di- II
ctors shall be held at the domiclle of oi
e corporation and notices of such tt
eetings shall be delivered in person tt
by registered mail in writing to the OF
st known address of the stockholders. re
This corporation may amend its N
arter or liquidate its business at a
ockholders meeting upon two-thirds
tie of the stockholders present. Fif-
en- days written notice of such meet of
g together with statement of the OBJ y, -,
cts and purposes thereof shall be satr'
ven in person or by registered mail =,
all stockholders of the corporation. w
case of liquidation, the Board of di- y
ctors shall appoint liquidator -
tation and other legal process shall co co
served on the President of the cor 10 10
ration or in his absence on the next ae De
hiking officer. ~
an
No stockholder shall ever be held
BILE or responsible for the contracts he
d faults of this corporation in any St
rther sum than the unpaid balance Oft A
e stock for which he has subscribed: N;
r shall any more informality in or ar
nizing this corporation have the er
ect Of rendering this charter null and CT
i'd or in exposing the stockholders to Bl
y liability other than as above pro- R.
TO- Pc
hi:
Each of the incorporators hereto SUBJ SD
-ibe to the capital stock for one hun an
ed shares (l00) each of par value of a.
e hundred dollars (S100s0O,) the ag- Pc
egate being thirty thousand dollars HI
%, 100000 the same this date being an
id in full by property in equal indivi- ba
n by the incorporators, itemized, de- ella
'ibed and appraised by the Board of
rectors and transferred to this Cor H.
ration as shown by deeds and acts M;
nexed hereto and made part of this vii
of incorporation as provided by law. Ns
Certificates of the stock as herein
ovided in kind and amounts shall be
ued to the said interpretations. This