St. Tammany farmer., 1918-10-12
CHARTER OF THE
ONVILLE LUMBER COMPANY.
INCORPORATED.
United States of America. State OF
Louisiana, Parish OF
St. Tammany.

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of Louisiana, therein residing, per-
sonally came and appeared the per-
sons whose names are hereunto sub
scrtbed, who declared that, avail1ng
themselves Of the laws of the State
of Louisiana, relative to the organi-
zation of corporations, they have
covenanted and agreed and by these
presents do covenant and agree.
bind and form and constitute them
selves, as we'll as usch other persons
who may hereafter join or become
associated with them, into corpora
ton and body polite in law. for the
objects and purposes and under the
agreements and stipulations follow
ing, to-Wit:
ARTICLE I.
The name and style Of this cor
poration shall be the
''Onyille Lumber Company, Inc.,"
and under that name it shall have
and enjoy all rights and privileges
granted by law to corporations; it
shall exist for = period Of ninety-nine
years form this day: it shall have
power to contract, sue and be sued in
it's corporate name; to make and use
q corporate seal and the same to
alter at pleasure; to hold, receive,
purchase, convey. mortgage, hypothe-
cate or pledge property, both real
and personal; to issue bonds, notes
and other obligations; to have and
employ managers, directors, officers.
agents and other employees as the
interests and convenience OF said
corporation may require; and to
make and establish such bylaws,
rules and regulations for the proper
management and control of the at
fairs of the corporation as may be
reasonable and expedient.
ARTICLE IL.
The domicile of said corporation
shall be in Onville, Parish of st.
Tammany, State of Louisiana; all
citations and other legal process
shall be served on the President and
in his absence on the Vice-President,
and in the absence Of both, on the
Secretary-Treasurer.
ARTICLE III.
The objects and purposes for
which this corporation is established
and the nature Of the business to be
carried on by 1t. are hereby declared
to be: To construct, operate and
maintain saw mills, planning mills;
to do a general eaw mill business, in
cluding piling and all other kinds
of wood products, including turpen-
tine and retort plants; to operate a
general commissary and store busi-
ness in connection Herewith, and
generally to do and perform any and
all acts and things pertaining to the
business above enumerated, connect
ell Herewith or arising therefr0m. in
this State and elsewhere.
ARTICLE Nv.
The capital stock Of this corpora
ton Is hereby fixed at the sum OF
Twelve Thousand ($12,000.O0) Dol
lars, divided into and represented by
one hundred and twenty &12O)
shares of the par value Of One Hun
dred $4,000 Dollars each, which
shall be paid for in cash when sub
scribed, or for the purchase Of prop
erty as said Board may elect, all OF
which shall be common stock.
That this corporation shall be
going concern when all of its capital
stock is actually paid for. All shares
OF stock shall be full paid and nom
assessable, which capital stock may
be increased to q Gum not to exceed
Twenty-Five Thousand ($25,OOO.OO
Dollars, in which event, during the
period between the call for the meet
ing for such increase and the meet
ing, the person holding stock at the
time shall have the right to take
shares OF the additional or incrsas-
ed stock, proportionate to the NUM-
Der of shares owned by thin, and
any shares not taken at the expira-
ton of said period may be disposed
Of by the Board Of Directors, for the
benefit OF the corporation. at not
less than par value. No transfer OF
stock shall be binding upon the cor
poration unless recorded upon the
books.
ARTICLE v.
All the corporate powers OF this
corporation and the management and
control Of its affairs shall be vested
in and exercised by Board of Di-
rectOra composed Of three 60 stock
holders, q majority of whom shall
constitute q quorum for the transac-
tion Of all of the business. The Di-
rectors shall be elected annually by
ballot by the stockholders, on the
third Monday in September of each
year. Each person shall be entitled
to q vote for every share owned by
him, and ell elections shall be held
under such rules and regulations as
may be determined by the Board OF
Directors. The DirectoDs thus elect
ed shall continue in Office for one
year, or until their successors have
been duly elected and qualified. No
failure to elect shall be regarded al
a forfeiture of this charter. Any va
cancy occurring on said Board shall
be filled by the remaining Directors
for the unexpired term.
The Board Of Directors shall, at
ita first meeting after its election,
nominate out of its number Prest-
dent. q Vice4President and q Socre-
tary-Treasurer; said Board shall have
the right to divide the office Of Sec
retary and Treasurer and may elect
a Secretary who need not be . stock
holder, but whose tenure OF odlcd
shall be during tho pleasure Of the
Board. And said Board shall have
the right to appoint and dismiss the
Clerks, Managern, Secretary and
other employees Of the corporation
as the interests and business OF the
same may require. Any OF the d.
rectors shall have the rigth to ap-
point by written instrument another
Director as his proxy. to act In his
nd