The Natchitoches enterprise., 1920-07-01
Charter

, State of Louisiana
Parish Ct Natchitoches
Before me the undersigned authority
personally came and appeared:
!. ". E Johnson, ?. O. Natchitoehes La
] I. Wurtsbaugh 7. Q. Shreveport, La
5. B. Hicks P.O. .
Q. il. Baggette = Saline, -
a. J, POWER - =
5. & H. Kaffie :. = Natchitoches. La
Mrs. W. +, Johnson 2. O. . =
A. w. Watson - - =
]. P. Wurtabaugh +. 0. Hicksbaugh,
Texas
Who declared that they hereby organ
lie corporation in accordance with
the laws of Louisiana and under the fol-
lowing charter Drovis:ons:
The name Of the corporation shall :'e
JOHNSON LUMBER COMPANY INC.
It's domicile shall DE Natchilochcs,
Natchito he Parish, Louisiana.
It shall nae powe: and authority to
establish suol o;her places OF business
in the State and to operate ID other par
ianes IN the State as may be determln-
ed by the Board OF Directors. 1t shall
exist for Twenty Five years.
The capital stock is hereby fixed at
Two Hundred Thousand Dollars 5000
090.0o) divided into Two Thousand
Shares of One Hundred Dollars $500. COZ
each, payable in cash or property.
The objects of the corporation shall
be to own, lease, manage and operate !
saw mills in the parish Of Natctitoches +
cujslara o.. elsewhere for the manu- !
i"cturc aud sale of lumber, slaves,
e!lingic3. etc; to establish and operate :
lumber yards; to BUY, sell, lease mort
gage or otherwise acquire and hypothe-
cate lands, timber, lumber, etc. and to
operate sucn comnissary OF mercantile
business necessary TO operate railroads
ram roads and other roads; to make
and use the seal; 10 appoint such off
Gers, agents ard employees Is may be
required; to adopt a.! needfui by laws
and generally to do and perform all
things necessary IN the premises.
Art 3
It's corporate powers are vested in
the Beard of Directors composed of five
or more members THREE Of whom
shall constitute a quorum. The officers
shall consist of a president, VINO shall
be general manager, vice president,
and Secretary treasurer. The Directors
shall be elected annually on the second
Monday in June after notice accor ing
to law. Vacancies in the Board of Di-
rectors shall be filled and stock holders |
meetings shall be held as provided by |
l. W.
The first Board of Directors shall be !
composed Of the following persons: :.
". +. Johnson, a. J. Fowler, O. L. !.
Raggctte, A. ". Watson and j. T. .
Wurts baUgh. |!
OF which board the following shall /
De officers:
". f. Johnson. President and General /
Manager
4. J. Fowler, Vice-President
}. l.. Bafgette, Secretary Treasurer II
Who shall serve until the annual meet 4
ng in 1921. Citation and other legal j
process shall lie served on the President |.
y iii his absence Oh the next ranking Il
fficer I'll
Art. 4. III
Notice Of stock holders meeting shall T.:
re served IN person or by registered II
nail at the last known address of such Il
took he ldcr but notice may be waived IL
S provided by law. This charter may II
e amended as provided by law. In e.
ent of dissolution the Board of Direct =
rs shall appoint Liquidator. :.
Art. 5.
Nos stock holder shall be liable for
ie contracts or faults Of the corpora
on in any further sum than the unpaid
alance of stock for which he has sub
ribbed; nor shall any informality in Or =
anizing render this charter null.
Art. 6. 81
Each incorporation subscribes to the 3
pital stock as follows: y
i. F. Johnson 900 Shares $4,000 90 8
id in property q
I. Wurtsbaugh 200 :. 10000, 90 &
i'd in property a
B. Hicks $50 $4,000 CO 8
id in property 8
L. Baggettc so 5000 90 =
id in property 8
j. Fowler 1GO 5000 90 n
id in property II
& H. Katie 40 40OD. 90 i
id in property q
s WE. johnson 200 10000 90 !
ID in property Il
P. Wurtsbaugh 80 sOOO 90 81