The Bossier banner. [volume] (Bellevue, Bossier Parish, La.) 1859-1952, 1919-11-20
Ch q rter
THOMASONLEWIS LUMBER COM
PANY. INCORPORATED.


Mabry. Il notary public in and for caddo
Parish. Louisiana. and in the presence of |
the witnesses herein named and under |
signed, personally came and appeared the |
several persons whose names are hereto |
subscribed. who severally declared that |
availiny themselves of the provisions Of the |
laws of this state relative to corporations. |
and particularly Act 267 of thee Gneral
Assembly OF the State of Louisiana for the
year 1914. they have organized and by |
these presents do form and organize them |
selves into IL body polite in law. for the |
objects and purposes hereinafter set forth. |
and to that end they hereby formulate and
adopt the following articles of incorpora-
tiOn, tO-wit:
The name and title of this corporation
hereby formed shall be- TH0M ASoN-LEwIS
LUMBER COMPANY. Incorporated. and its
dOmicilc shnll b. and is hereby fixed ut
Princeton. Bossicr Parish. Louisiana.
ARTICLE ii
rhe purposes and objects for which this
corporation is formed are hereby declared
to he: To manufacture and sell lumber
buy and sell timber and lands. build and
operate tram roads, buy and sell mrrchan-
disc, and to conduct general mill
business. and to do any and all things nee
cSS:ry and incidental to the objects and
purposes OF this charter.
ARTICLE III.
All citations or other legal process shall
be served upon the President of the eorpo-
ration, or. in the event of his absence upon
the ficeprcSident. or, in the event of the
absence of both of them. upon the Secrc
Treasurer.
ARTICLE ".
The period of existence of this corpora
tion is hereby fixed at fifty TOO, years from
the dat" of this act. unless sooner dis
solved under the provisions of law.
ARTICLE v.
This corporation shall have power to con-
tract, sue and he sued and make and use !,
c"rporatc seal. and the same to alter ut
pleasure: to hold. receive, purchase, lease
sell and convey. well rs hypothccatc and
| mortgage in Its corporate name. any prop
trty which 1t may own: to appoint such
| officers as the business OF the corporation
may require: to make such bylaws, rules
and regulations for the government of this
corporation as may be necessary. and the
same to alter and change at will.
ARTICLE vi.
The capital stock of this corporation is
| hereby fixed at Fifty Thousand Dollars
| tS:,O.0OOOO,. divided into five hundred
shares at the par valu" of one hundred
| dollars per share. All shares of stock shall
be paid for in money. or in property con-
vryrd to this corporation. or labor per-
formed in behalf of the corporation.
| This corporation to begin business with
$"".WM.W of capital stock. which has been
subscribed and paid in full.
ARTICLE VII.
| The business affairs of this corporation
| shall b. under the management and control
| of Board of Directors to he composed of
| three stockholders. majority of whom
| shall constitute" Il quorum which Board OF
! directors shall BE- vested with all corporate
powers of this corporation. The Board Of
| Directors shall elect President, Viccprcsi-
| dent and Sccretary-Treasurcr. and such
| other officers may be necessary for the
management of the affairs of this corpora
| tion. They shall have power to fill vacan-
cirs occurrin. by death. resignation or
| otherwise. The offices Of Secretary and
| Treasurer may be combined and held by
one and the same person. W. T.. Thom:,-
| son, whose postoffit" address is Vivian. La.
| ii. NJ. Lewis. whose postoffice address is
| Vivian. I.a.. and X. +. Thomason. whose
| postoffiCc address is Vivian, La. and all
| residents Of caddo Parish. Louisiana. shall
compose the first Board OF Dire, tors, with
W. +. Thomason as President. II. NJ. Lewis
as viceprcsident. and Il. r. ThOmason as
| Secretary Treasurer.
| ARTICLE VIII.
The Board Of Directors consisting Of not
less than three stockholders, shall be elect
I'd annually ut an annual stockholders
| meeting on thu second Monday in Novcm-
| Der of each year. the first election to be SO
| held on the second Monday in November
1920: the Board of Directors and officers
named in the preceding article to hold
Office until the election to is held on the
second Monday in November. 1920.
| ARTICLE IN.
This charter may be amended and it's
capital stock increased or decreased by
complying with the provisions of law in
such cases made and provided. Whenever
this corporationsis dissolved by limitation
or otherwise, its affairs shall BE- liquidatcd
by one or more liquitlators elected or APP
pointed by the stockholders at Il meeting
called for that purpose. and which liqiuda-
tors shall have power to perform such
duties. and give such bond as the stock
holders may require.
ARTICLE \.
No stakeholder of this corporation shall
ever be held liable for the contracts or
faults Of this corporation in any greater
sum than the unpaid balance due on his
stock. nor shall any mere infOrmality have
the effect of rendering this charter null or
of exposing any stakeholder to greater loss
than the amount Of his stock.
ARTICLE NJ.
The Board of Directors herein provided
for MAY hold its meetings ut any point in
the state of Louisiana. and may maintain
and keep Offices mt any place within said
state.
ARTICLE Mi.
The incOrporators and directors of this
corporation hereby purchase and take over
for said corporation the property described
on list "A. hereto attached and to be read
i'll connct ton with and made part Of this
charter. and the incorporators and direct
ors value and appraisc said property at
Twenty Thousand Dollars $50. 900. OO). and
for said property there shall BE- issued to
W. +. Thomson and IL. +. ThOmason one
hundred shares each of the capital stock Of
this corporation. of the par value of One
Hundred Dollars t$10O.WbD each. The in.
corloratOrs and directors also purchase and
take over for said corporation the property
described on list b.. hereto attached and
to be read in connection with and made
part Of this charter. and the incorporators
and directors Of this corporation hereby
value and appraisc said property mt Ten
Thousand Dollars (S1O.WOW O. and for said
property there shall be issued to said H. NJ
Lewis one hundred t1OO) shares Of the cap
ital stock of this corporation of the pal
value of One Hundred Dollars (SlW,OO,
| each,
| ARTICLE KILL
IN" subscribers to these articles of in
corporation. their respective postofiicc ad
dresses and the statement Of the number OF
shares is as follows:
W. +. Thomson. one hundred Goo
shares: H. T. ThomaSon. one hundred 100
shares, and H. NJ. Lewis one hundred 100
shares. all of Vivian. La
. In testimony whereof the parties hav,
signed this instrument in the nraS.n,., a,