Bogalusa enterprise and American. (Bogalusa, La.) 1918-19??, 1922-02-02

Ion by it are hereby declared to be
to produce, manufacture, buy, sell
and deal in turpentine, rOsin, naval
stores, and wood derivatives and prod
ucts of all kinds; to operate sawmllls,
and to sell the products, residue and
waste thereof, or to further use and
manufacture the same; to pull stumps
and clear land; to buy and sell timber
and timber lands and real estate, and
to fence and cultivate lands; to pro-
cure, buy, lease, or otherwise acquire
and obtain, and to sell, lease, grant
licenses in respect of, or otherwise
dispose Of or use patents, patent
rights, trademarks and trade names,
inventions, processes and improve
ments Of all kinds; and generally to
do all things and to engage in any
business conveniently necessary or in
| cident to or connected with the oper-
alton of the business and industries
above mentioned; and to carry on
such business and industries in the
State of Louisiana and at such other
places outside the said State as the
Board Of Directors may determine.
ARTICLE ".
The authorized capital stock Of
this corporation is hereby fixed at the
sum of twenty thousand $3.50, 000.0O)
dollars, represented by two hundred
shares of the par vale of One Hun
dred Dollars ($10O.00) each.
The capital stock of this corpor-
ton may be increased to the sum of
one hundred thousand $500, 00O.OO) |
dollars, or any part of such sum, in
accordance with the provisions of
law pertaining to increase Of capital
stock by corporations.
ARTICLE V.
All the powers of this corporation
Board Of not less than five directors,
to be elected at the annual meeting
Of the stockholders. The stockhold- |
ers may elect such additional direct |
ors not exceeding seven Cd in all, |
as they may determine. The persons |
named as directors, all of whom shall |
be stockholders, shall elect from their |
number a president, one or more vice
presidents, a secretary, a treasurer, |
or a secretary-treasurer, and such |
other officers as the directors may |
from time to time determine. The
first Board of Directors, with their
postoffice addresses, are as follows:
Joseph H. Slaughter, Jr., BOgalusa.
John H. Friend, Bogalusa.
Clyde s. Moss, Bogalusa.
J. C. Mills, Bogalusa.
John Christian, Bogalusa. 81
Until the first meeting of the stock !
holders, Jos. H. Slaughter, Jr., shall |
be President; John H. Friend shall be |
Vice-President; Clyde S. Moss shall |
be Treasurer; and ]. c. Mills shall be !
Secretary of said corporation.
ARTICLE VI.
On the second Monday of January, |
1923, and on the same day of each |
succeeding year Except when such |
day shall fall on a legal holiday, in |
which case the meeting shall be held |
on the next following day. the stock
holders shall elect aboard of Direc-
tors for the ensuing year.
The Board of Directors already in
stalled shall continue to hold over un-
til their successors are elected and
qualified.
The Board Of Directors so elected
shall select from their number the
officers of the corporation as above
and every such Board may
all necessary managers and
agents. The election of Directors
shall be by ballot and the persons re-
ceiving the largest number of votes
cast shall be declared elected. For
Directors, or for any other
purpose, each share of stock shall be
entitled to one vote, and a majority
of votes cast shall be required to pass
any resolution or decide any question
submitted to the stockholders, except
for the alteration or amendment of
this charter, or the dissolution of the
Said Board of Directors shall have
power and authority to make all