The Era-leader., 1921-10-06
Charter.
STATE OF LOUISIANA,
PARISH OF WASHINGTON

in the presence Of the witnesses here
matter named and undersigned, per-
sonally came and appeared:
F. l.. Sanford, zona, La.
M. I. Hennesy, Franklinton, La.
Magee-W. Ott, Franklinton, La,
all residents of Washington Parish,
and of full age, who declared that,
availing themselves of the laws of this
state relative to the organization OF
corporations and especially of Act
Number 267 of 1914, of t his State and
amendments thereto, they do form
and constitute a corporation aud body
polite in law, for the purpose and OBJ
jects and under, the stipulations and
conditions following. to-wit:
ARTICLE 1.
The name and title of said corpora
tions 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 and sell at wholesale Or re.
tail, 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; tc
establish and operate one or more
branch concerns within the Parish ol
Washington, State of Louisiana, 0,
elsewhere as permitted by the law anc
as the Board of Directors may dee N
it expedient,
ARTICLE III.
The capital stock of this corpora
ton is hereby fixed at The sum OF
Five Thousand and no-1OO ($5O00.O0
Dollars divided into Fifty shares O
capital stock at the par value of ON
Hundred no. 100 (S1O0,OO) Dollars.
ARTICLE w.
The domicile of this corporation il
hereby liked at Franklinton, 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
on the first Monday of October O
each year beginning with the frs
Monday of October, 1922, ant
until such time as the said an
nual meeting shall convene tn
following shall constitute the sai'
Board of Directors, F. L. Sanford, NJ
I. Hennesy, and Magee W. OFT an
the officers as follows;
F. L. Sanford, President.
Magee w. OFT, Vice President.
M. l. Hennesy, Secty. and Treas
ARTICLE VII.
The charter OF this corporation ma
be amended at regular meeting {
the Stock Holders or at any calle
meeting of the Stock Holders or 8
any called meeting thereof, by givin
notice to each stockholder in writin
at his last known place of residenc
ten days before each meeting.
ARTICLE VIII.
No Stakeholder of this corporate
shall ever be held liable or respons
= BILE for the contracts Or faults of tn
corporation in any further sum ths
the unpaid balance due on the shar'
of stock subscribed for by each pc
son.
. ARTICLE TX,
d This corporation may be dissolv
r by complying with the provisions
Act 267 of 1914; and when ever Il
corporation is dissolved its affa
y shall be liquidated by three liquid
tors elected by the stockholders al
d meeting called for that purpose,
A which meeting the stockholders sh
determine the manner of iquidati
+ to be pursued.
- ARTICLE x.
u This corporation shall be a goi
oil concern as soon as the amount
st stock is subscribed and paid in. A
this charter is declared to be the or
10 inal subscriptied list, each subscril
, hereof placing opposite his name
~ amount of stock subscribed for.
ne Thus done and sighed at my OF
st in the Town of Franklinton, Washil
!; ton Parish, Louisiana, in the presel
of Velma i. Goodbee and W. s. B
80 ris. competent witnesses on this
st 2Oth day of September, 1921.
FL. Sanford, % shares.
y NJ. I. Hennesy. "a shares
90 Magee W. OFT, 1 share.
los rr,,.,s,