The Bossier banner. [volume] (Bellevue, Bossier Parish, La.) 1859-1952, 1921-12-22
CHAR TER
BENTON LUMBER COMPANY,
Incorporated.
OF THE

IL II
State Of Louisiana, Perish Of Webster.
This day before me, Charles N. Roberts,
a notary public, within and for said parish
and state, duly commissioned and sworn,
and in the presence Of the witnesses whose
names are hereunto subscribed personally
came an appeared: James b. Nelson. J. +.
Basinger, 8. w. Brown and b. n. Miller,
subscribing hereunt0 as incorporatoFs, all
over the age Of majority, all Of whom reside
In Minden, Webster Parish, Louisiana,
except ]. F. Basinger, who Is now resident
of Bienville Parish, but who expects to
become q resident OF Benton, in Bossier
Parish, Louisiana, at an early date. who
severally declared:
ARTICLE /.
That, availing themselves Of the pro
visions Of the laws Of the State Of Louis
lana, relative to the organization of cor
porations, and especially Of Act No. 207
of the General Assembly Of 1914, they do
hereby organize themselves, rs well as
such other persons as may hereafter be
associated with them, into corporation,
under the following provisions, to-wit:
ARTICLE II. .
(a) The name Of this corporation shall
be the BENTON LUMBER CoNPANY, Incor-
porated. -.
(b) The objects and purposes for which
clared to be to build, own, and operate q
sawmill and planning mill and to do general
sawmill. logging and lumber business, and
a general business Of manufacturing, buy
ing and selling lumber; and to buy and sell
real estate and timber and to operate In
connection with said sawmtll business q
general merchandise business and general
" to do any and everything incidental or
necessary to 4 sawmiil, planning mill and
logging business
lc) The capital stock Of this Corpora
tion shall be FIFTEEN THOUSAND DOL
LARS ($15,OOO), all OF which has been
already subscribed and paid for.
Cd The capital stock Of this Corpora
tion may be increased to Fifty Thousand
Section Of Act No 267 OF 1914
lei Said capital stock ID divided into
One Hundred Fifty Shares Of the par value
of ONE HUNDRED DOLLARS per share.
% The domicile OF said Corporation
shall be In the town Of Benton. In Bossier
Parish, Louisiana, and all directors and
stockholders meetings shall be held at the
except that by and with the written consent
OF all the directors said directors meetings
may be held elsewhere.
tg) This Corporation shall have and
enjoy succession for a period OF twenty-five
(25l years from and after the date hereof,
unless sooner dissolved according to law.
th) The affairs Of this Corporation shah
be vested IN and exercised By Board Of
Directors, to be composed Of three stock
holders, elected annually.
The Board Of Directors for the frst year.
or until their successors are elected and
qualified, shall be the following: ]. 81.
Nelson, Of MinSen, La; s. w. Brown, 81
Minden, La; J. +. Basinger, Of Benton, In.
~ The officers Of this Corporation shah
be President, vicepresident and Secretary
Treasurer, together with such other officers
as the Board Of Directors may from time
to time see fit and proper to select.
The officers for the first year, or until
their successors have been elected and quail
flied, shall be James H. Nelson, President /:
]. F. Basinger, Vicepresident; s. w.
Brown, Secretary Treasurer.
ARTICLE III.
The first annual meeting Of the stock
holders Of this Corporation shall be held al
Benton, ut the ONCE Of the Company. in
Bossier Parish, Louisiana, on the 18th day
of December, 1922, and annually thereafter,
for the purpose Of electfng Board Of Dfrec-
tors for the coming year and for the coming
year and for the conduct Of such other
business as mny properly come before the
stockholders at said times
The Board Of Directors, SO chosen shall
at once organize and elect from among
their members a President, and vicepres.
ident, and Secretary Treasurer. The
Board Of Directors is vested with all cor
porate powers, subject to such restrictions
as are contained in this Charter, the Con-
stitution and laws Of the State OF Louis.
lana, and the Constitution and laws of the
United States of America
The names and postonices address Of the
subscribers to this Charter, and state
ment Of the shares OF stock each agrees to