The Madison journal. (Tallulah, Madison Parish, La.) 1888-current, 1917-09-29
CHARTER
L,rrlrs Of INCORPORATION OF
AVER TIMBER COMPANY
INCORPORATED
State Of Louisiana,
Parish of Madison.

|bs II tn hf fbe 18th. day Of September, IN
'On TINS "a o1r Lord, 1917, before me,
be year - Clerk OF the Ninth Dis
JOIN ~ roart Tor the Parish OF Madison
i ne; and Ex-Othc!o, a notary ,
O aT. ~ and for said parish and state,
P1Ohc =, n,rn,issioned and qualified, and IN
s1ly co aance of the witnesses herein
te preeSmed and Undersigned, person
tter mo- and az penel the person, ;
by CAN .,,,es are hereunto SUBSCRIBE
sbose n" th,. full age of majority, no
" apV,, declared that ayaliIng [ en-
s ever. 81 the laws of this state re 1--WE
fs W. organization OF corporate, ; ana
us la,,Iarfy of the provisions OF "cCN0.
larus y .ha Acts of the General Assembly
!. Oh uie of the wear 1914, they have
LOulSi snd organized and by these
i@ney, do form and organize them
Fesen'' as we'll as such other persons
eve, become assocIa/ III with them,
30 me- successors. in u corporation
~ y b s polite in law. Or the objects
inl a D O1 and und the stlpuiationis
81 p sSgreements her a!nafter set tcrth
% ssspressed, which they do hereby
IN la as their ehai r.
ARTICLEl
r.me and etIe of the corporation
ny ~ formed is declared to be Aver
49, .J Company, Incorporated:
ln'D 'h.ll eyist and have and enjoy sue
;or bv It's corporate name for the
cs.% ofninety nine (99) years from
d' Ter the date hereof unless sooner
,rsd. its certificates of stock shall
s;rred by the President and Secretary
y lar the impress of the Seal of the
rstion. it shall have power and
~;tv 70 contract, sue and be sued,
su sSont use and break or alter at
..s,re corporate seal; to acquire by
Lsse lease. or otherwise. real, per-
asIsnd mixed property; to hold, own,
y s.nate sell. lease, pledge or mortgage
= sar,e. to incur debt; borrow money,
n 10 issue notes, bonos and other eyl-
80 of Indebtedness, to appoint OIL
directors. agents or managers as
a. a. ;r,erest of said corporation may re-
~. 10 establish rules and regulations
Z Inc proper management OF its
airs, IN change or alter the said rules
"a rag,,lations when necessary, and to
Z and perform generally any and all
20 necessary and proper IN carrying
"A the business and purposes OF this
operation.
ARTICLE 2
The domicle of this corporation is here
/. fixed at Tallulah, Madison Parish,
{auis;ana. at the law Office of jeff b.
! &yder
ihe President, or in his absence, the
vre- President. or in his absence, the
secretary, is designated as the proper
arson upon whom service of legal pro-
sess against it shall be made.
ARTICLE 3
The objects and purposes for which
. lis corporation is organized and the
osture Of the b. siness to be carried or
~ il are hereby declared to be the pur.
enase. sale and lease OF agricultural,
timber and other lands, and the manu-
fscture and sale of timber and the cult
walton, growing, raising and marketing
OF all agricultural crops, and the sale ol
the PRODUCTS thereof. throughout the
Safe of louisiana and elsewhere In the
!, United States.
ARTICLE 4
The Capital Stock of this corporation
| 6 hereby fixed at the sum OF Sever
/ Hundred Thousand (S706, OOO.o0) Dollars
| di.ided into seven thousand UU00j
|shsres of the par value of One hundred
! X0o. 0U) Dollars each.
An accurate. detailed and ltemize'
Inscription of the property as to amount
hcatio3 extent. etc, taken In paymen
! fof capital stoch, ,useInrr with state
| Eeat OF its valae Is appraised by In
| ofectors is annexed to This charter To o'
/ hid 10 connection thecvwita.
ARTICLE )
The corporate powers of this corpora
| ton shall be vested IN and exercised b.
~ Beard Of Directors of five 90 sto *
|pIders, ajority OF whom snail con
|<itute uuorum for the tansactl n o
blsiness, with the full power 10 purchase
|fxti e by donation, SCI, mort5aS
|eaatiel m 1ctg age, pledge, pawn, cohNe.
! and lease. either as leasOr or lessee
property both reel and personal; l
|brrow money and issue the Company Z
Negotiable notes or bonds, either un
secured or secured by mortgage on 1t
real estate. chattel mortgage or P!ed5'
Or pawn of its personal property, and {
do any and all otherac which this con.
Any is authorized to dt il carrying OF
e purposes and oDjec s Jt-tois corpo
ntion, to make and establish bylaws
odto change the same; to hire, employ
4point and discharge all otfictrs an
enployees, ard to fix their salaries, an
tlui all VACANCIES occurring in the Boar
n Directors by death, resignation o
!berwise. and 90 increase the Board o
lsectors in said corporation to NOS t
rteed seven ca members, ali Of WHOM
St be stockholders
Zach Board of Directors snail elect
sldert, a Vice-PreSident WHO ma.
be Treasurer, Secretary a2d
tzsurer, which last named two 0.iice
pay te held by one person.
The first Board of Directors shall con
sist Of Charles F. Aver. friedrich Aver
Ut, Donald Gordon. Charles erik an
B. Snyder, with Charles erik a
tdent, Charles +. Aver as Vice-Pre
nj Fredrick Aver. Jr., rs Secretar
Charles +. Aver as Treasurer. VII
thold Office Until che 3Td Monday o
essL A. d.. 1918, oruhtii GI,ir sue
Es have been duly e!ccted an
ad6ed.
F "a the Bird Monday of August. i2lS
mnually thereafter, on the Bid Mon
of August of each year the stock
ln shall meet for the purpose Q
ung Board of Directors and In
action of such other business 2
properly come before the meeting
4ntten not ;e of ann Iai Stocll1.d =
~@ag snals De 0ea, erea ~ person o
epositing it in the post office, &c
1Eed 70 the sin.k hnllar of his 20