The star-progress. (Opelousas, La.) 1917-1921, 1920-09-15
CHARTER
UNITED sTATEs OF AMERICA
STATE OF LOUISIANA,

! STATE OF LOUISIANA,
PARISH OF ST. LANDRY.
Be it known, that on this 9th day
OF September in the year Of Our Lord
One Thousand Nine Hundred and
| Twenty; before me, Morton H. Thomp-
son a Notary Public, duly commits
stoned, qualified and sworn, N and
for the parish and state first above
4 written, and in the presence of the
witnesses hereinafter named and I'M
dersigned personally came and ap-
peared the several persons, whose
names are hereunto subscribed, all Of
the age of majority, who declare that
awaiting themselves of the provision
of the Laws Of the State Of Louisiana,
relative to the organization Of copora-
lions they have and do hereby form
! themselves into a corporation for the
purposes, and under the articles and
stipulations following, to-wit:
Article /.
The name OF this corporation is
hereby declared to be the PORT
BARRE HARDWOOD LUMBER CO.,
IN" and it's domicle shall be at the
village of Port Barre, in the parish
of st. Landry, State Of Louisiana.
Article 10.
The objects and purposes for which
this corporation is established are de-
cIared to be: to carry on a saw mill
business ito buy hold, sell and deal
in timber, timber lands, lumber, logs,
and timber products of all kinds; to
mortgage all of its property or hold
ings; to manufacture timber into lum-
Der, and other products; to operate
tram roads, commissaries, stores,
lodging houses, hotels, barge and
boat lines; and generally to do all
things incidental to, necessary or con-
venient in connection with any of the
objects and purposes above set forth.
Article iII.
The capital stock of this corpora
ton shall be the sum Of three hun
bred thousand dollars, ($300, 000.00),
divided and represented by three
thousand shares, of the par value Of
one hundred dollars per share.
This capital stock may be increas-
ed up to the sum of Five hundred
thousand dollars ($5OO,000.0O).
Article w.
F. This corporation may commence
business as soon as fifty per cent of
its capital shall have been subscrib-
ed for, and fifty per cent of the stock
subscribed for has been paid in, and
this corporation shall exist for the
period of SO years, from this date,
unless sooner dissolved.
Article v.
All the corporate powers in this
corporation, shall be vested In a
Board of Directors, to consist of
stockholders, to be elected annually
at stockholders melting to be held
on the third Monday in August OF
each year. The directors so elected
shall remain in office, until their sue
cessors are elected and qualified. The
Board of Director, shall elect from
their number a president, Vice-presi-
dent, secretary manager
and assistant manager, and such other
officers, as they may think proper
and convenient and shall have power
to unite two or more offices, and to
confer the same upon one person, or
to dispense with any office in their
discretion, and to fix the salaries Of
all officers, agents and employees.
The directors shall have power to
fill all vacancies occurring on the
board, even though no quorum re-
mains at the time such vacancies are
to be filled. A majority of the d.
rectors, shall constitute quorum, for
the transaction Of business, at any
meeting Of the board Of directors.
Any absent director may be represent
ed by any other director, who may
cast the vote of the absent director,
according to the written instructions.
either general or special Of said alb
sent director.
The directors shall have power to
make, establish, alter and amend all |
bylaws, rules and regulations, and to
borrow money, execute mortgages,
and issue notes, and pledges. Bonds
and buy and sell, or other obligations, !