The Madison journal. (Tallulah, Madison Parish, La.) 1888-current, 1917-10-13
CHARTER
ARTICLES OF INCORPORATION or
AVER TIMBER COMPANY,
INCORPORATED
State of Louisiana,
Parish Of Madison.

Parish Of Madison
BE IT KNOWN AND REMEMBERED, Tina
on this the 18th, day Of September. il
the year of our Lord, 1917, before me
Jonn +. Y.rger. Clerk OF the Ninth Dis
ti1ct Court Tor the Parish OF Madison
Louisiana, and -Ofticio, a Notary
Public in and for sand parish and state
duly commissioned and qualified, and il
the presence of the witnesses herein
after named nd r,lerSigned. person
ally came and apparel the person
" ass: ....Iiies are ..rreunto subscribed
al above the full age of ms. jority, wht
severally declared that av4iling them
selves of the laws of this state relative
to the organization of corporations anC
particularly Of the provisions of Act No
2oI of the Acts of the General Assembly
of Louisiana Of the year 1914, they have
formed and organized AM by these
presents do form and organize them
selves, as well as such other persons
who may become associated with them.
and their Succ assors, into a corporation
and body polite in law. for the objects
and purposes and under the stipulatlons
and agreements hereinafter set forth
and expressed, which they do hereby
adopt as their charter.
ARTICLEl
The name and title of the corporation
hereby formed is declared to be Aver
Timber Company, Incorporated
1t shall exist and have and enjoy sue
c,ssion by its corporate name for the
period of ninety -nine (99) years from
and after the date hereof unless sooner
&c ufsas of sfn naII
be signed by the President and Secretary
and bear the impress of the Seal OF the
corpor ton; it shall have power and
author ity to contract, sue and be sued,
to ADOPT, use and break or alter at
pleasure a corporate seal; TO acquire by
purchase. lease. or otherwise. real, per-
sonal and mixed property; to hold, own.
ALLEVIATE. sell. lease. pledge or mortgage
the same, to incur debt; borrow money.
and to issue notes. bonds and other evI-
dence of Indebtedness, to appoint Off
GERS, directors, agents or managers rs
the interest of said corporation may re-
CUR to establish rules and regulations
t,r the proper management of It's
Il. IRIS; to change or alter the said rules
and regulations when necessary, and to
do and perform generally any and all
acts necessary ard proper in carrying
out the business and purposes of this
{ corporation.
ARTICLE 2
The domicle of this corporation is here
by fixed at T4llulah, Madison Parish.
Louisiana, at the law office of jeff h.
Snyder
The President, or in his absence, the
Vice President, or ia his absence, the
Secretary, is>designated as me proper
person upon whom service of legal pro-
cess against it shall be made.
ARTICLE 5
The objects and purposes for which
this corporation is organized and the
nature of the " sfIess tn be carried Oh
by it are hereby declared to be the pur-
chase, sale and lease OF agricultural,
timber and other lands. and the manu-
facture and sale of timber and the cult
walton, growing, raising and marketing
of all agricultural crops, and the sale of
the products thereof, throughout the
State of Louisiana and elsewhere in the
United States.
ARTICLE d
The Capital Stock of this corporation
is hereby fixed at the sum OF Seven
Hundred Thousand 1890, 600. 00) Dollars
divided into seven Thousand (7,U0o)
shares of the par value Of One Hundred
($1Ou.OO) Dollars each.
An accurate, detailed and itemized
description Of tue property as to amount,
location extent, etc. taken III payment
for capital stock, together with state
ment of its value Ms appraised by the
directors is annexed to this charter to be
read in connection Herewith.
ARTICLE 5
The corporate powers of this corpora
ton shall be vested in and exercised by
Board of Directors of five (5) stock
holders, a majority Of whom snail con-
stitute quorum for the transaction of
business, with the full power to purchase,
receive by donation, sell, mortgage,
chattel mortgag e, pledge, pawn. convey
and lease, either as ieasor or lessee. !
property both real and personal; to
borrow money a11 issue the Company's
negotiable notes or bonds, either I'M
secured or secured by mortgage on Its
real estate. cnattei mortgage or pledge
or pawn of its personal pro- ,erty, and to
do any and all other acts which this COM
pany is authorized to do in carrying OUT /
the purposes and objects of this corpo-
ration; to make and establish bylaws. :
and to change tine same; to hire, employ, .
appoint and discharge all officers and
employees. and to fix their salaries, and :
to NIL all vacancies occurring in tue Board /
Of Directors by death. resignation or
otherwise. and to increase the Board of |
Directors in said corporation to not to J
exceed seven Cd members, all OF whom
must be stockholders
Each Board of Directors shall elect
President, Vfce-president who may
also be Treasurer, Secretary and a
Treasurer, which last named Two Offices
may se hell By one person.
The first Board of Directors shall con-
sist VI Charles +. Aver, Friedrich Aver.
Jr., Donald Gordon. Charles erik and
JEFF B. SNYDER, with Charles erik as
President. Charles +. Aver as Vice-Pre-
sident, Frederick A yer. Jr. /. a ST cretary
and Charles T. Aver as Treasurer. wno
shall hold office until the 3rd Monday OF
August, A. d., 1918, or until heir sue
eessors have been duly elected and
qualified.
On the 3rd Monday of August, 1918.
and annually thereafter. ON the 3rd Mon
day of August Of each year the stock
holders shall meet tor the PURPOSE of
electing Board of Directors and the
transaction of SUN other business as
MAJ nroperly come before the meeting.
Written mott e of ann lal Sslcsn d rsl