The Colfax chronicle. [volume] (Colfax, Grant Parish, La.) 1877-1981, 1917-05-12

ed into 5,860 shares of a par value OF
One Hundred Dollars (S100.0O), whici
Capital Stock may be increased in &C
cordance with the laws of Louisiana tt
"a total of
ARTICLE w
The domicie of said Corporation and
the principle office for the TRANSACTION
of its business shall be at Selma,
Grant Parish, State of Louisiana,
where all meetings of the stockholders
or directors must be held; provided
that. with the written consent of all
the directors, valid mestings of direc-
tors may be held outside the state, or
within the state elsewhere than at its
domlcile.
ARTICLE V.
The period OF duration of this cor
poration shall be fifty years, unless
same shall be extended, in accordance
with law, or unless such corporation
should be sooner dissolved, as provided
oy law.
ARTICLE vi.
All the powers Of this corporation
shall be exercised by, and vested in,
a Board of Directors, composed of not
less than three, nor more than seven,
stockholders; said directors to be cleo
ted at general stockholders meeting
ID be convened Tor that purpose on
the first Tuesday OF April of each sue
ceeding year.
The names and postoffice addresses
of the directors chosen to serve for
the first year, or until their successors
a ole ID
Names Addresses
Victor M. Mason, Selma, La
Jacob q. Pope, Selma, La.
L. Harry Garrett ST. Louis, Mo.
Frank Z. Sheldon, ST. Louis, Mo.
Bonner P. Kid, Little Rock, Ark.
AIvah Whitmarsh, Texarkana, ARK.
OF whom, Victor M. Mason is named
as President of the Company, 7. Har-
ry Garrett and Jacob G. Pope are
named as Vice-Presidents. and Alvah
III. Whitmarsh is named as Secretary
and Treasurer.
ARTICLE VII
The names and postoffice addresses
of the subscribers of these Articles OF
incorporation, and statement of the
number of shares of stock which each
agrees to take in the corporation, are
as follows:
ARTICLE VIII.
The directors shall elect from their
number President and one or more
Vice Presidents; they shall also elect
a Secretary and Treasurer, and may
combine these two Offices in one person;
they shall also have power to fill any
vacacy in their number.
ARTICLE TX.
All citations, summons and other
legal process, shall be served on the
President of this Corporation; or, in
case of his absence, then in the man.
ner pointed out by law.
ARTICLE X.
A meeting of the Board of Direc-
tors may be called at any time by the
President, or by majority of the men,
bers of the said Board, by depositing
notice of such call, prepaid. in United
States mail, addressed to the usual
postoffice of said member ten days be-
fore the date of such meeting.
ARTICLE XII.
A meeting of the stockholders may
be called at any time by the Board of
Directors, or by the President, by
mailing notice of such call, prepaid, to
the usual postoffice ADDRESS of each re-
speculative stockholders at least fifteen
dsys before the time for which such
meeting was called.
ARTICLE XII
The presence of all the members of
the Board of Directors at any meeting
of said Board; and the presence of all
the stockholders of this Company, in
person or by proxy, at a stockholders
meeting other than the annual meeting
of the stockholders, shall obviate the
necessity of the giving or receiving of
notices of the call of such meetings.
ARTICLE XIII.
This corporation is organized for the
purchase of, and has purchased, the
property of Grant Timber and Manu-
featuring Company, of Texarkana,
Miller County, Arkansas, and is to pay
for said property by the issuance, to
the stockholders of said Arkansas cor
poration of shares of stock in the
Louisiana corporation share for share
in exchange for the stock owned by
the respective stockholders in the Ark
ansas corporation, which stock in the
Arkansas corporation will be surren-
cred and cancelled.
ARTICLE XIV.
All of the capital stock has been SUBJ
scribed and payed in by the agreement
of the shareholders of the Arkansas
corporation to exchange their said share
for similar shares in the Louisiana cor
poration.
ARTICLE XIV.
This corporation shall enjoy all of
the corporate powers granted to cor
porations by the laws Of Louisiana, and