The Colfax chronicle. [volume] (Colfax, Grant Parish, La.) 1877-1981, 1920-02-21
CHARTER
OF THE
Bertrand Lumber Company Inc.
CTATC, on OIyJCTAArA


STATE OF LOUISIANA, I
Parish of Grant
| Be it known that on this the 18th
day of January, 1920. before me, w.
| P. Foster, Notary Public, duly ,:om-
| missioned, sworn and qualified, in and
| for the Parish of Grant, State of Lou
is.ana, and in the presence of the wit
nesses hereinafter named and under
| signed, personally came and appeared
the several persons whose names are
hereunto subscl ibed, who severally de-
clared that, awaiting themselves of the
provisions of the laws of the State of
Louisiana in such cases and provided,
they have convenanted ami agree. and
do by these presents covenant, agree
and bind themselves, as well as all such
other persons as may hereafter be-
come associated with them, to form
and constitute corporation and body
polite in law, the objects and purposes
and under the articles and stipulations
hereinafter set forth and expressed,
which they adopt as the charter of this
corporation, to-wit:
ARTICLE l.
The name and style of this corpora
ton shall be Bertrand Lumber Com
pany, Incorporated, and under its said
| corporate name it shall have and enjoy
corporate existence and succession for
a period OF ninety-nine years from date
hereof; to contract, sue and be sued;
to make and use corporate seal, and
the same to alter and break at pleasure;
to hold, receive, purchase and convey,
as well as all mortgage and hypothe-
cate property real personal and mixed,
corporal and incorporal; to own and
hold stocks and bonds of other corpora
tions; to name and appoint such mana
gers, agents, directors and officers as
its business. interests, or convenience
may require, and to make and establish
as well as alter and amend, from time
to time, such by laws, rules and regu-
lations for the proper government of
affairs of said corporation as may be
necessary and proper.
| ARTICLE 2.
The domicile of said corporation shall
be at Georgetown, Grant Parish, Lou
isiana, and all citations or other legal
process shall be served upon the presi-
dent of said corporation, in the event
of his absence form the domicile of the
corporation, upon the vice president of
said corporation.
| ARTICLE 3.
| The objects and purposes for which
this corporation is organized and es-
tablished and the nature of the bust
ness to be carried on are hereby de-
clared to be:
To own and operate saw mills, to
manufacture. buy and sell lumber or
timber in all of its forms,
timber lands, to own and operate tram
roads and every equipment necessary
for the purpose of cutting. hauling and
transporting timber and lumber, to buy
and sell merchandise of every kind and
description and to do any and every
thing necessary or needful, useful, or
convenient in effecting any of said OBJ
tjects and purposes.
ARTICLE
The capital stock of this corporation
I is hereby fixed at the sum of twenty
five Thousand Dollars, divided into and
Represented by Two Hundred and Fifty
shares of the par value of One Hun.
dred Dollars per share, said stock shall
be paid for in cash, at such time, in
such amounts and after such notice t.
the subscribers as may be fixed by the
Board of Directors, in accordance with
the law, and the same may be issued
at not less than par for labor done OF
property actually received by the cor.
poration.
This corporation shall become a go.
ing concern and be authorized to dc
business as soon as Twelve Thousand
and Five Hundred Dollars of its shall
have been subscribed, and the proper.
tion thereof required by law has been
paid for.
The amount to which the capital
stock of this corporation may be in.
creased is hereby limited to One Hun
dred Thousand Dollars.
ARTICLES.
All of the corporate power of this
corporation shall be vested in and ex-
ercised by Board of Directors, TO be
composed of not less than three, MOI
more than seven stockholders of the
corporation to be elected annually at q
general meeting of the stockholders, to
be held on the first Tuesday in January
of each year, except the first Board OF
Directors, consisting of three stock
holders appointed by this charter, who
shall hold their offices until the first
Tuesday in January, 1921. and until
their successors are duly elected and
qualified. A majority of the directors
shall at all times constitute quorum
for the transaction of business.
Notice of such meeting and Of all
other stockholders meetings shall be
given in the manner prescribed by law,
and when not so prescribed, then writ
ten notice of such meeting shall be de-
posted at least fifteen Q5) days prior
to tue date of such meeting, in the
mails of the United States, postage
prepaid, properly addressed, to each
stakeholder, at his last known residence
| or place of business.
At all such elections and at all cor