Richland beacon. [volume] (Rayville, La.) 1869-1890, 1875-12-18
STATE OF LOUISIANA.

Be it Remembered, That we, the under
signed citizens Of the parishes Of Ouachi,a
Warehouse, Rchland and Caldwell having
assembled N the civ of Monroe, Un this the
9Th of December, lS-j, FIR the pu;p9-e of
forming an Immigrant Ali Association. (Which
is To be incorporated a, soon As the necessary
iegslarion can be procured having for it,
Object the inducing and assisting immigration
into North Louisiana from the States of tins
Union aud inreigr countries, and Of assisting
them in finding suitable homes and employ
ment, enter into the following articles of agree
ment and association.
lst. The name of the Association shall
be the IMMIGRANT AID Association of NORTH
LOUISIANA. Its domcI at the CITY of Monroe,
and its purposes as herein before expressed.
I'd The capital of the Association TO be
raised by joint stock subscription.
81. The shares of the stock are hereby
fixed at twenty-five dollars each, and the
number Of shares al two thousand.
4th. twenty-five per cent Of the amount
subscribed must be paid at The time of sub
scribing, and the balance by the !stofJanuary.
1876.
9th. That this organization shall be per-
fected by elec'ing President, Board OF
Directors to consist of five members, a Score
taIy and Treasurer
9th The President and Board of Directors
shall have power to bind the Association to
the extent Of The stock subscribed and paid W ,
and to adopt such rules and bylaws as they
may deem exPedient and necessary to carry
out the purposes Of the Association not incon-
sistent herewith.
7ih The President shall preside at all
meetings of>the Board but in case of his
absence or inability to preside the Directors
shall elect President pro TEN. Three Di-
rectors shall form a quorum for the transaction
of business.
sth. The President and Directors elected
year, or until the Association is organized
under the Act of incorporation.
9Th. The Board of Directors are authorized
to ill all vacancies that may occur in the Board,
or any office in the Association from among
the stock holders.
10Th. The President and Board of Directors
shall begin active operations, as soon as one
thousand dollars is subscribed and paid up
llth. This being private association, the
members thereof and those who become
members, are in honor bound TO comply with
and abide by all the stipuations herein and
by the action of tue President and Board of
Directors.
J 18th These articles and the preamble
wall be circulated by reliable friends of the
project for subscriptions of stock, until the 2lst
instant, when they will be returned to the
4 President, aud the money collected by the
agent, paid over to the Treasurer. Those
who Subscribe and pay the twenty five per
cent between now and that date, shall be
stoc6 holders for their respective amounts, and
on an equal footing with the siSners hereof
18th. Those who do not pay up in full tie
amount subscribed, on or before the first OF
January, 1876, or within the first five days
thereof, agree to forfeit what ,hcy may have
paid IN, and that their names be strcEen from
the list OF stock holders.
l;Jh. That the President and Beard OF
Directors, viii, As soon as practicable, after
beginning active operations, establish depots
AT Monroe, Girard, Delhi and Columbia, and
at other placss If hey deem II advisable.
18th. The fret efforts Of the Pre-, idemt aud
Director, viii he t. prucure Ifborers aud
those scehing employment, To supply the i'm
mediate wants OF the ock-ho.drrs, aud thoy
shall dc served in the order they have sub
scrIbed aud paid up. When tins Is accomplish
ell, then 10 The other purge ses Of the orsanIza.
. ton.
10th. Shipments Of laborers to different
depo,s, will be made on the basis of sub>crip.
/ ions.
l7th. The President and Board OF Directors
shall bc auturized 10 propose any amendments
they think proper OF these articles TO the
stockholders, and if ratified y majority in
number aud amount, sand amendment Will be
come a part hereof, With the same binding
force, as it adopted at this time.
18th. The and Beard of Directors
shall he authorized 10 open lists iOr new stock
slo,c Iprluns on such terms a. they may deem
necessary aud proper.