The Ouachita telegraph. [volume] (Monroe, La.) 1865-1889, 1889-01-19
NEW ADveRT,SEME NTS
CHARTER
NILLSAPS &, Ce.-Limited.
tsrAfE OF EIDUISIAN Ma, PARISH OF

AlLLSAfO Nf O0.E LlHlltel'
srAfE OF s1ou1s1AxA. PARISH OF
OUACHITA.
EDE IT KNOWN THAT ON THIS, sTIfN
Richard A. Young, clerk and ex-olficio
| Nossrys Public in and for the Parish of
| Ousehita and State of Louisiaia, duly quail
| flied and in the presence fthe witness here
4 mater named and nndersiSneG. personally
CAME and Appeared the Persons whose
Names arc herennto subsoribed, who sew
4 orally declared, that awaiting themselves OF
the provisions OF Ac. number thirty-siX OF
1.-THE General Assembl ", session of 1SSs, APP
proved Jsue 2g, 1855, as we'll as OF those of
the general laws OF this State. relative tn The
Organization OF ycorporatioas. they nave
emit >, do forn, themselves into and consti-
| tute corporation for the object and pur.
poses, and under the stipulations and
| agreements hereinafter set forth w hich they
| hereby adopt as their charter, 'o-wit
E,sg.9.* ARTICLEI. duo.
Tho name and title of tho cooperation
hereby formed. is hereby Declared 10 be
| HAILLsAPs 4 Co.-LIM1TED."
West Monroe, Parish of Ouachita, State of
Louisiana, and shalt have and enjoy sue
cession for q period of twenty-five years
from and after the date hereof; II shall pc,
by purchase or otherwise, hold, sell, con-
vey, lease, mortgage and pledge property,
movable and immovable, personal and real,
sue and be sued III its corporate lfalne.s and
may have 4 seal with snch inscription aud
device may be determined on by the
Board OF Directors. s-,t..i-1fot. .saa
The president OF this company, or in the
event OF his death, ABSENCE or, other inahil-
ity or iDcapacity, then thssecretarT thereof
is hereby designated rs the person upon
whom NIL citations or other legal process
shall he served or made. rlt
ARTICLE II. 3t.s
The objects and purposes for which This
corporation is organized. and tlia nature'of
the business TO be carried OH by it are here
bydeeiared to be to do general ineschan-
ARTICLE III.
The capital stock OF this corporation Is
hereby declared TO be the sum Of Fifty
Thousand Dollars, divided into five hun
payable in cash or its equivalent i'll real
estate, merchandise, furniture. or fixtures,
and at such time as the. Board of Directors
may require, all transfers of stock shall be
made OH tho books fSaid company by the
stakeholder or his duly authorised agent
orattorney in fact. 4-rt.
w j. -, ARTICLEIv.
The business and affairs OF said corpora
ton shall be transacted and managed by n
board Of three directors. Uriah Millsups,
w. #. Millsaps and L.. N. Larche, with tLe
said Uriah Miilsaps as president and l.. n.
Larche as Secretary. shall constitute the
first Board Of Directors. They shall hold
January, 1890, or until their successors
shall have been duly elected and qualified.
On the first Monday in January, 1890,
directors shall be held at the place Of bust
ness of said company, after ten days notice
in writing shall have been given to each
stakeholder, or his duly authoriZed agent
by the secretary, the Same to be delivered,
sent mailed to the stakeholder or his
agent, and said directors shall take their
seats i'm mediatoy on their election. Each
Board Of Directors shall elect a president
and secretary. LIZ.
Two ofthe Board of Directors present or
represented owning q majority of shares of
for tho transaction and in arrangement all
the business and affairs of the company, and
they may adopt such by laws, rules and
regu lations for the government Of the COM
pal,y as they may think proper.
The president of the company is hereby
vested with the authority to mako pur-
chases and sales, to bind tho company by
contract, to hire and discharge employees.
to II < the salaries thereof. and TO generally
condu ct the business OF the corporation.
All checks and drafts shall be signed by
the president or secretary.
ARTICLE V. ..l Ia
At the termination of this charter by
limit alton or otherwise the business and
affairs ofthis corporation shall be liquidated
by three (3) commissioners to be appointed
from among the stockholders at a meeting
convened aICer tSi Gay hotlSciH
ing shall have been given by the secretary
to each stock holder or his agent, said notice
to be sent by mail. or delivered in person.
| The said commissioners shall bs elected and
their duties defined and compensation fixed
by a IN aiority ofthe shares ofstocll present
or represented at said meeting. In case OF
the death or disability otoue or more of the
said commissioners, the survivors Shall
| cont niue to act
! ARTICLE VI.
| All elections shall be- by ballot and each
share of stock shall be entitle d 10 one vote
| IN person or by proxy, provided that two
thirds ofthe stock voting shall be sufficient
to decide all questions voted on.
/ This done and passed in my Office N
! Monroe, Louisiana, in presence of j. ID
Heron and Thomas Mcclure, conrrc'
tent witnesses residing in tho par
ish OF Ouachita, who hereunlo subscribe
their names together with said parties
and me notary, on the day and date sc
fnrtli,in the caption hereof E
4. @!E tTfIAH MlLLSApS, vi
III VI AS W.. MlLLSAPS.3 Sc 81
~ e && Il. L.1sH1N1!H ARE, =
+ e. In. E.ARCHE.
!. u. HEBRON.
! THOMAS MCGUIRE. -4..- ST..
| X, A, YOUNG,