The Madison journal. (Tallulah, Madison Parish, La.) 1888-current, 1917-10-27
CHARTER
.lcLEs OF INCORPORATION OF
AVER TIMBER COMPANY,
INCORPORATED
State of Louisiana,
Parish of Madison.

year vi Our bDrE- 1911, before me,
n Z. Yerger. CLERK of the Ninth Dis
Z. T. Court for the Parish OF Madison
.isiana. and Ex-0sficio, a Notary
bic in and FOR said parish and state,
commissioned and qualified, and il
presence of the witnesses herein
r named and undersigned. person
l came AMI appeared the person.
'se ianes are mercantile subscribed
above the full age of ma jority, who
orally declared that avqiling them
s yes Of the laws of this state relative
the organization of corporations anC
: 'ticIlarly Of the provisions Of Act No
of the Acts Of the General Assembly
(. Louisiana of the year 1914, they have
med and Organized and Dy these
I ssents do form ard organize them.
? yes, as well as such other persons
{ 10 may become associated with them
+ Id their successors, into corporation
| body polite in Law, for the object:
/ 4 purposes and under the stipulations
/, agreements hereinafter set forth
! expressed, which they do hereby
4 opt as their charter.
kKTICLE1
The name and title of the corporation
! rcby formed is declared to be Aver
nber Company, Incorporated.
1t shall exist ani have and enjoy sue
ssion by its corpor tie name tor the
riod of ninety-nine (99) years from
, after the date hereof unless sooner
SOLVED; its certificates OF stock shall
signed by the President and Secretary
I'd bear the impress of the Seal OF the
.rporation; it shall have power and
ithority to contract, sue and be sued,
I, adopt, use and break or alter at
easure a corporate seal; to acquire by
rchase, lease, or otherwise. real, per-
nal and mixed property; to hold. own,
ienate, sell. lease. pledge or mortgage
ne same, to incur debt; borrow money,
md to issue notes, bonds and other evil
lence of Indebtedness, 10 appoint OH
,ers, directors, agents or managers as
he interest of said corporation may re-
Iuire; to establish rules and regulations
or the proper management Of its
lffairs; to change or alter the said rules
md regulations when necessary, ana to
10 and perform generally any and all
lcts necessary and proper in carrying
ut the business and purposes of this
orporatioI.
ARTICLE
The domicle of this corporation is here
~ fixed at Tal.uIah, Madison Parish,
louisiana, at the law Office of jeff b.
snyder
The President, or in his absence, the
or in his absence, the
secretary, il designated as 'he proper
'erson upon whom service of legal pro-
ess against ii shall be made.
ARTICLE 3
The objects and purposes for which
his corporation is organized and the
ature Of the b siness to be carried on
" it are hereby declared to be the pur-
base, sale and lease of agricultural,
lmber and other lands, and the manu-
acture and sale of timber and the Guilt
alton, growing, raising and marketing
f all agricultural crops, and the sale of
he products thereof, throughout the
tate of Louisiana and elsewhere in the
United States.
ARTICLE
The Capital Stock OF his corporation
} hereby fixed at the sum of Seven
hundred Thousand (S700, 900. 00) Dollars
ivided into seven Thousand (7,000)
flares of the par value Of One Hundred
800. 0W Dollars each.
An accurate, detailed and itemiZed
of the property as to amount,
)cation extent, etc, taken in payment
or capital stock, together with state
1ent of its value as appraised by the
irectors is annexed TO this charter to be
cad in connection Herewith.
ARTICLE 8
The corporate powers of this corpora
ion shall be vested in and exercised BY
Board Of Directors of five (5) stock
olders, majority of whom shall con.
titute q quorum for the transaction Of
usiness, with the full power to purchase,
eceive by donation, sell, mortgage,
mattel mortgage, pledge. pawn, convey
nd lease, either as leasor or lessee,
both real and personal; to
orrow money AMI issue the Company's
votiable notes or bonds, either I'M
red or secured by IN Drtgage on its
estate. chatlei mortgag or pledge
pawn of its per ional property. and
o any and all other acss VIII Oh this COM
any Is authorized to do in carrying our
Ne purposes and objects of thi, corpo-
atio.i: I make and establi III bylaws,
nd to change the same; {, hire, employ,
ppoint hni discharge all officers and
noloyees, aad ~ fix Ia sir salaries, and
, ill alivacancie occurring in I re Board
Directors by death. resign ,tion or
her wise. and t, Increase the Board of
irectors 10 said ,orporAt.on to not to
rceed seven Cd members, all of whom
ast De stockholders
Sacn Boarl OF Directors shall elect a /
Vict-P;e ident who may
30 be Treasurer, Secretary and !,
which hast natneG two offices |
~ be he'd by ole person.
The first Boardvf Directors shall con- !
q Of Charles r. Aver. Friedrich Aver,
!, Donald Gordon. Charles Gci,k anu
ii B. Snyder, with Charles erik as |
resident, Charles F. Aver US Vlc.'- Pre-
lent Fredricx Aver. Jr., as Secretary
d Charles +. Ay r. as Urea sure. VIM
Ilii 4 I'D office y al the 3rd Al r.day of /
,Rust, A. D.. 1915. or until heir sue
9sors have been duly elected and
allied
On the Bird Mo ldsy Of August, 1918,
q annually thereafter. 90 the Sid Mon
y 81 August Of each year die stock
|ders shat meet for the PURPOSE OF
citing 3 Board OF Directors and the
Of such otner buslness as
- properly come before the meeting.
n ritten notice OF snnaai Stoc |; |, id r
'afinR shall bc delivered IN person or
depositinR Il in the loss Office. nd
ISsod "a the stDekno:der 1t his last
10 poot dice address It least fifteen
J dAya hofore such rneeliag.
)thof 0tockh ,lders' Ne stiags mr. be