The Era-leader., 1921-10-13
Charter.
STATE OF LOUISIANA,
PARISH OF WASHINGTON.

aValllng themselves OF the laws or tnls
state relative to the organization of
corporations and especially of Act
Number 267 of 1914, of this State and
amendments thereto, they do form
and constitute corporation and body
polite in law, for the purpose and OBJ
jects and under, the stipulations and
conditions following. to-wit;
ARTICLE I.
The name and title of said corpora
tons shall be The Franklinton Lumber
Company, Incorporated
ARTICLE. II.
The object and purpose for which |
this corporation is organized is here
by declared to be the following to- wit;
To buy ana sell at wholesale or re-
tall all kinds and descriptions of lum-
Der and building material and all OF
her property, gremain to said business
or incidental thereto; to buy, sell bar
ter, pledge or lease any and all
kind of property of what ever des-
cription real, personal or mixed; to
establish and operate one or more
branch concerns within the Parish OF
Washington, State of Louisiana, or
elsewhere as permitted by the law and
as the Board of Directors may deem
it expedient.
ARTICLE III.
The capital stock of this corpora.
ton is hereby fixed at The sum OF
Five Thousand and no-1O0 ($5OOO.0O)
Dollars divided into Fifty shares of
capital stock at the par value of One
Hundred no 100 (S1OO,OO) Dollars.
ARTICLE w.
The domicile of this corporation is
hereby liked at Frankllnton, Wash
ington Parish, Louisiana.
ARTICLE V.
This corporation shall continue un'
til desolved either by law or by liquid
ating as hereinafter provided.
ARTICLE vi.
The affairs of this corporation shall
ou the first Monday of October OF
: each year beginning wich the first
a Monday of October, 1922, anc
until such time as the said an
nual meeting shall convene tht
following shall constitute the sale
Board of Directors, F. L. Sanford, M
k |. Hennesy, and Magee W. OFT an'
l., the officers as follows:
9 F. L. Sanford, President,
Magee W. Ott, Vice President.
y M. 1. Hennesy, Secty and Treas
l. ARTICLE VII.
II The charter OF this corporation ma
j. be amended at regular meeting Z
the stock Holders or at any caiie
meeting of the Stock Holders or
any called meeting thereof, by givin
notice to each stockholder in Writin
,r at his last known place Of resldenc
10 ten days before each meeting.
g ARTICLE VIII.
~ No Stockholder of this corporate
' shall ever be held liable or respons
Bile for the contracts or faults Of tn
corporation in any further sum ths
y the unpaid balance due on the shar'
of stock subscribed for by each pc
." son.
Ky ARTICLE TX,
ed This corporation may be dissolv
or by complying with the provisions
Act 267 of 1914; and when ever tt
q corporation Is dissolved its affa
81 shall be liquidated by three liquid
on tors elected by the stockholders al
ne meeting called for that purpose,
,th which meeting the stockholders SD
determine the manner of lquidati
to be pursued.
rs. ARTICLE x.
nj. This corporation shall be gol
rec concern as soon as the amount
,a1l stock is subscribed and paid in. A
! this charter is declared to be the or
inal subscriptied list, each subscriI
hereof placing opposite his name
amount OF stock subscribed for.
Thus done and signed at my of
in the Town of Franklinton, Washil
ETY. ton Parish, Louisiana, in the prese
~ of Velma f. Goodbee and W. s. Z
'lio ris, competent witnesses on this
7 at 10th day of September, 1871.
m F. L. Sanford, 25 shares.
49,, NJ. Hennesy. "a shares
Magee W. OFT, share.
Witnesses:
Velma Goodbee,
d. w. s. Burris.