The Madison journal. (Tallulah, Madison Parish, La.) 1888-current, 1917-03-31
to Articles Of In
corporation of Pelican Coop
erage and Lumber Company.
State of Louisiana,
Parish of M adison.

Parish of NJ adlson.
RET 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 office and
domicie on the oath, day of February,
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 mine 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-
ton 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, toelect and appoint
directors and such other officers, agents
and employees as the interest and bust
ness of said corporation may require and
generally to do and perform all things
necessary to the proper conduct and
management of the affairs and manage
ment OF this corporation.
Appearers further declared that artl-
Gle four of this corporation was amended
80 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 L$l00, OO0.OOJ dollars,
divided into one thousand [l0c0l shares
of the par value of one hundred 800.
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
geneI al law of the State on that subject;
the stockholders at the time OF such ~
crease shall have the privilege of taking
the additional shares in the proportion
which the shares held by each share
holder 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 to the capital stock of the
said corporation showing the number Of
shares and the amount by each sub
scribed is affixed as the original sub
scription list of this corporation and the
total capital stock having been sub
scribed Cor this corporation is authorized
to commence business Immediately. No
stakeholder shall sell his stock to a nom
stakeholder without first offering it for
sale ten days to the directorate Of this
! corporation.
Said appearers further declared that
! in order to carry out the objects and
purposes of said stockholders meeting,