The Natchitoches enterprise. (Natchitoches, La.) 1888-1965, 1917-05-17
CHARTER
STATE OF LOUISIANA. !
PARISH OF NATCHITOCHES I

: Notary Public in and for the State a
Parlsh above written, personally car
and appeared the subscribers hereunt
O j. r. Mathis, whose post office addre
Is Boyce. La, and Y. G. Philips, who
post Office address is Provencal, La
the said V. G. Philips also representa-
one, II. A. Lurtor, whose post off
address is Pensacola, Escambia Count,
Florida, by power of attorney heret
affixed and made part hereof, who d.
clared unto me that they, the said ,
> F. Mathis, V. G. Philips and H. A
Lurton, hereby agree to and do organ
lie corporation and apply for lette,
patent incorporating themselves, the
associates, successors or assigns in az
cordance with the laws of the State c
Louisiana and upon and under the fo
lowing proposed Charter, to-wit:
The name of the corporation shall b
PROVINCIAL TURPENTINE CON
PANY, INC, and it's principal Llace O
business and domicile shall be at Prov
encal, Natchitoches Parish, La.
shall have the power to establish sue
other places of business in said state O.
elsewhere as it's Board of Directors O.
Stockholders may determine.
| 2.
The corporation is organized for &
period of ninety-nine, 1897 years.
The amount of capital stock hereby
authorized shall be thirty thousand dol,
lars (S30, ,00000 divided into three hun.
dred 5000 shares of one hundred dol
lars (S1OO.OO,) each payable in cash OF
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
especially turpentine orchards, to i'm
prove and develop lands for sale, rent,
farming or other purposes, to produce,
manufacture, bny and sell turpine and
rosln 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 it's bust
nesses; to own, operate, lease and sell
sawmllls, 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-
nesses may require, to fix their COM
pensation and through the Board of
Directors, al 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 auccessfull 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 a Board of
Directors consisting of not less than
three nor more than nine members, the
number to be fixed at any stockholders
meeting, but when not so fixed. three
members shall constitute a 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 a meeting
to be held on the same day after the
above stockholders meeting or as soon
thereafter as practicable.
Other stockholders meetings may be
held 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.
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 domic1le of
he corporation and notices of such
meetings. shall be delivered in person
II 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
tockholders meeting upon a 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
0 all stockholders of the corporation.
n case of liquidation, the Board of di-
ectors shall appoint a liquidator
,itation 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
nd faults of this corporation in any
urther sum than the unpaid balance Of
he stock for which he has subscribed;
or shall any more informality in or
.anizing this corporation have the
fleet of rendering this charter null and
old or in exposing the stockholders to
ny liability other than as above pro-
Each of the incorporators hereto SUBJ
cribe to the capital stock for one hun
red shares Q00) each of par value of
ne hundred dollars (S10000,) the ag-
.regate being thirty thousand dollars
$50, 000.003 the same this date being
aid in full by property in equal indivi-
ion by the incorporates, itemized. de-
cribed and appraised by the Board of
Directors and transferred to this Cor
oration as shown by deeds and acts
hereto and made a part of this
ct of Incorporation as provided by law.
Certificates of the stock 10 hnro,r |