The Concordia sentinel. (Vidalia, Concordia Parish, La.) 1882-current, 1921-04-02
AMENDMENTS TO ARTICLES OF
INCORPORATION OF THE
UTLEY-HOLLOWAY SAW
MILL co. INC.
STATE OF ILLINOIS,
COUNTY OF COOK.

qualified in and Tor said State and
County aforesaid, personally appear
ed the persons whose names are here
unto subscribed, who declared to me,
said authority, in the presence of the
undersigned competent witnesses.
over the age of fourteen years, that
awaiting themselves of the laws of the
State of Louisiana, and especially
Act 267 of the General Assembly of
Louisiana for the year of 1914, they
do by these presents, for themselves
and all who may hereafter become
associated with them, AMEND the
original Articles of Incorporation as
follows. to-wit.
ARTICLE ONE.
The name of this Corporation
shall be-UTLEY-HOLLOWAY SAW
MILL co. INC, its duration shall be
4 NINETY-N (99) years. It's
domicile shall be at the Office of
/ DALE, YOUNG & DALE, in Vidalia.
CCncordia Parish, La, and all legal
/ process may be served upon JOHN
/ DALE. SR., of Vidalia, La, who is
designated as the agent for said pur-
pose, until such designation shall be
changed by a resolution of the Board
of Directors of said Corporation and
certified copy of such resolution re
corded in the Corporation Records of
said Parish, and in the office of the
Clerk of Court, and a cory of such
resolution forwarded to the Secretary
of State for his files.
! ARTICLE TWO.
The purpose for which this Cor
poratiOn is formed are to own and
70 IN 3,,rx
saw mills and other wood working
thereof and in logs, timber and lum-
Der and immoyables; to manufacture
electricity and ice and sell same, and
to own and operate, or operate with
out owning, railroads, boats and
barges; to do mercantile business and
engage in agricultural and livestock
business.
ARTICLE FOUR.
All the corporate powers shall be
vested in a Board of Directors COM
posed of four stockholders provided,
however, that any action taken by the
Board CT Directors fixing the sal
aries Of officers of this corporation, or
determining the conditions and terms
under which agencies fer the sale of
lumber shall be established, shall not
be valid or effective until ratified by
the affirmative vote of the holders of
at least seventy-tive per cent, (75Tc)
of the common stock issued and out
standing.
Meetings of the Board of Directors
shall be held at any time and place,
when and where called by the Presl-
dent CT two members of the Board in
the State of Louisiana or Illinois up
on notice to each director, delivered
to him in person, or deposited IN 4
United States Postcffice, to the last
known address, not less than five
days prior to meeting, which notice
may be waived in writing by a direc-
tor. No notice shall be required of
any regular meeting of which the time
and place are prescribed in the by
laws.
ARTICLE FIVE.
The capital stock of this Corpor-
alton shall be and is declared to be
SIX HUNDRED THOUSAND $780, I
000) DOLLARS, divided into six /
thousand 10000 shares of the par
value of CNE HUNDRED ($10O.D /
DOLLARS each, all of which shares /
shall be, and are declared to be, com I!
mon stock. ONE HUNDRED THOU /
SAND (S100,O00D DOLLARS of
said common stock has already been
ard paid for.
At meeting of said stockholders
held at the domicile of the company a.
Clayton, La, all Of the stockholders
being present, or represented at said
stock dividend of one
HUNDRED and FIFTY THOUSAND
(S150,000D DOLLARS was declared
out of the surplus and undivided
profits of the corporation.
FIFTY THOUSAND (S50,OOOo
DOLLARS additional of the common
stock is subscribed for by JOHN B.
JTLEY and GLENN H. HOLLO-
WAY. 6
The capital stock may be increas- {
I'd to ONE MILLION, FIVE HUN q
DRED THOUSAND ($1,50O,OOO.) q
DOLLARS. {
No stakeholder shall transfer any s
took in the corporation until he has +
,tfered in writing to sell it to this i
.orp Grafton at the lowect price ne 6
.ould accept for samesand has given {
he corporation a reasonable time in
which to accept or reject said Offer S
70 transfer of stock shall be binding {
pen the corporation until the stock l
ertificate requiring same has been
urrendered to the proper officer of
he corporation and a new certificate c
sued to the transferee.
The increase in the capital stock
rovided for herein in excess of the
mount originally named as the sun.
D which the capital stock might D.
increased, was authorized, ordered L
nd required at a meeting of said ii
regularly called, at which fl
lore than three-fourths of all of its a
outstanding stock voted in favor of 5,
aid increase and fully authorized C;
ne same, said meeting being held t.
fter thirty days notice. el
Thus passed at my office in the city f;
Chicago, State of Illinois, this 18th lie
ay Of March, 1921, in the presence
said undersigned witnesses, to-
ether with said appearers and me,
nd authority, after due reading of
lie whole act.
GLENN H. HOLLOWAY
JOHN B. UTLEY
H. B. UTLEY
illnesses: