The Opelousas journal. [volume] (Opelousas, La.) 1868-1878, 1873-10-17

a ct OF INCORPORATION
OF THE
st. Landry Agricultural and Industrial
FAIR ASSOCIATION.
STATE OF LOUISIANA,
nA-L.N ~ O. l.

FAIR ASSOCIATION.
STATE OF LOUISIANA,
Parish of St. Landry.
BE it known that on the first day of October,
in the year OF our Lord, one thousand eight hun.
bred and seyenty-thrce, before me, tho under
signed, Archie p. Williams, a Notary Public,
duly sworn aud commissioned, in and for said
Parish and State, and in presence of the Wit
uesSeS hereinafter named and undersigned.
came and appeared the parties whose names
are hcreunto subscribed, who declare that,
awaiting themselves of the provisions of the
| Statutes OF the State of Louisiana. relative TO
| the organization Of corporations in this State.
they nave eovenahted and agreed, and do, by
these presents. covenant and agree and bind
themselves and those they represent, to form
and establish II corporation for the purpose, oh
jccts and under the title, obligations, stipula-
tons and regulations following, to-wit:
ARTICLE l. The name and title of this c0rpO-
ration shall ne The st: Landry Agricultural
is fixed ut OpelOlsaS, st. Landry Parish, State
of Louisiana.
ART. II. The Association shall have a corpor.
ate seal, with such device upon the same as the
Board OF Directors may decide.
ART. III. The purpose and object Of this asRo-
clarion arc to encourage agriculture in all its
various branches, as well as all mechanical and
Industrial pursuits. and to effect this purpose it
will hold annual Fairs for the exhibition of
agricultural products, live stock of all kinds,
and articles Ot domestic manufacture, and what
ever else may he determined by the Board of
Directors.
ART. ". This Association is formed and shall
exist for and during the full space of twenty
five years from the date hereof, unless sooner
dissolved It's hereinafter provided for. During
its existence it shall have and enjoy succcssi0n,
he capable to contract, 10 sue and be sued. to
purchase, receive, possess, and hold movable
and immoVahlc, real and personal property, and
to sell, ALLEVIATE, mortgage, demise or dispose of
the same under its corporate name and shall
possess, exercise and enjoy oil such rights, pow
rrs, privileges, and immrnitics as are granted
by law to corporations.
ART. V. The capital stock of this Association
shall be Ten Thousand Dollars, divided into two
fhOJISHnn shares Nf five I%TN 1pt1npS pnAL i,+
may be Increased by n vote Of Il majority of tho
l stockholders, after thirty days notice, provided
I that no increase shall take place until the entire
Z amount OF its present capital il subscribed and
paid up.
s ART. VI. All the corporate powers of the Az
ISOLATION shall be vested in and exercised by a
Board Of Directors, composed Of thirteen per
sons. including the Presidents and Vice President,
! seven of whom to constitute II quorum, who,
+ with the President and Vice President, shall he
elected by the lnc0rp0ratcrS from among their
numbers Immediately after the execution of this
act, The Officers so elected shall hold office m
til the second Monday of january, 1875, at which
~ time a new election shall be held by the stock
' holders. Annual elections shall DO held by the
= stockholders on the second Monday of January.
s The Board shall appoint three stockholders to
act as commissioners to hold said election, the
c President having power to appoint others in
their stead i'll ease of failure to attend. The
Board OF DIRECTORS, to be elected by the stock
EOldeFS, sHtl SclcGl from thef NUMBERS a Tres
Treasurer shall also be selected by the Board of
II Directors, the treasurer to give security for the
faithful performance OF his duties, his bond to
a President shall preside at all meetings OF the
d Board OF Directors and Stockholders, and tho
Vice President during his absence. He shall
1t conduct the business Of the Association under
the supervision and control OF the Board OF Di-
%rectOrs, he shall sign all contracts, and other
papers,, and shall nave power, subject TO the ap-
prOVal or the Board, 10 appolnt suen employees
ted in his name in favor of the Association, and
upon him shall citation be made in case suit Is
II / IA ~ FDi inst Ia 4 GEnRinfInn Tho lplnNtnu
le of the President, officers and employees shall
a he fixed by the Board. No person shall he eligi-
id BILE to hold any office in sud Association that is
Or not n stakeholder.
ART. VII. In all elections q majority OF votes
IA shall elect, and in case of IL failure to elect on
to the appointed day, the President shall cause
another election to be held after giving twenty
Ill days notice i'll one rmOre newspapers published
id in the town Oh Opelousas. Each and every per
of son shall be entitled to vote on every share OF
stock he may hold. In all elections votes may
ed be given either in person or by proxy.
ART. VIII. Dividends shall be declared annu-
as may be deemed advisable by the Board of
- Directors; but III case OF any losses no subse-
10 Quent dividend shall be made until such losses
A shall he made VI by the profits, provided that
lis an annual statement OF the affairs shall be made
"a on the second Monday OF each December, ana
le, puhhsheN IN one OF more neWspapets III tne
on parish, and prior to the declaration OF any dlvi-
ne dend.
III ART. TX. No stakeholder shall be responsible
for losses or damages incurred by the Associa.
de ton beyond the amount OF unpaid stock owned
en- by him.
ART. X. When the whole amountof stock sub
ne seribed for shall have been paid up, the Presl
i dent and Board or Directors shall issue certin
4 Gates to the stock holders for full paid shares.
leg ART. XI, ANY stock-holder who shall fail ol
au neglect 10 pay my hSLtlIlent When hotlneu ny
the Board OF Directors snail forfeit 70 the As
ISOLATION 9%E previous payment made BY hin
and sii4llPeaSe 10 DC " StocK-itoloef Ill S"Au AS
80 s%ociatiOn.
ART. Nil. A book Tor tue registry ana trans
fer OF shares OF inc SaIlthi s hoY1 ~ sho " P r. oIe y ~