The Ouachita telegraph. [volume] (Monroe, La.) 1865-1889, 1889-01-19
> - 7-T--1-7
NEW ADvERTiSEME NTS

MILLSAPs &. Co.-Limited.
STATE OF Louisiana, PARISH OF
OUACHfTA.
EDE IT KNOWN tn AT ON THIS, .TIfE
ID 18th day of January, 1889. before me,
Richard A. Young, clerk and ex-ofiieio
Notary. Public in and for the Parish OF
Ouaehita and State of Louisiana, duly quail
flied and in the presence ofthe witness here
mater named. and nndersigned. personally
CAME and appeared the persons whose
nam es arc hereunte subscribed, who sew
orally declared. that awaiting themselves OF
the General Assembly. session of ISSs, APP
proved June 70, 1883, as we'll as OF those of
the general laws OF this State, relative 10 The
Organization OF corporations, they have
formed ard organized, and by these pres
ents, do fora, themselves into and c0nsii-
tute a corporation for the object and pur-
poses, and under the stipuiations and
agreements hereinafter Sc; forth, which they
hereby adopt as their charter, to-wit:
-F SAL t. ARTICLE /. -,E
The name and title of tho corporation
hereby formed, is hereby declared 10 be
"MILLSAPs & Co.-LIMITED."
1t shalt have its donicile in the town of
West Monroe. Parish of Ouachita, State of
Louisiana, and shall have snd enjoy sue
cession for q period of twenty-five years
from and after the date hereof. II shall be-
by purchase or otherwise, hold, sell, CON
vey, lease, mortgage and pledge property,
movable and iinmovable, perSonaland real,
sue and be sned i'll itsycorporate name, and
may have n seal with snch inscription aud
device AS may be determined on by tile
Board OF Directors. r. f..s-s!Fst8. ..sa...
The president of this company, or in the
event , OF his death; absanee, orosher iuahii,
is hereby designated ais The person upon
whom AL citations or other legal process
shall he served or made.
ARTICLE II.
The objects and purposes for which This
corporation is organized. and tho na.ureof
the business 10 be carried on by it are here
by declared to be to do general mer char
disc business.
ARTICLE III.
The capital stock OF this corporation is
hereby declared TO be the sum OF Fifty
Thousand Dollars, divided into five hun
dred shares OF One Hundred Dollars each,
payable in cash or lis equivalent in real
estate, merchandise, furniture, or fixtures,
and at such time as the Board of Directors
may require. alltransfers of stock shall be
made OH tho books fsaid company by the
or his duly authorised agent
or attorney in fact.
af .a ARTICLE
The business and affairs OF said corpora
ton shall be transacted and managed by
board of three directors. Uriah Millsnps;
w. +. Millsaps and l.. n. Larche, with The
aolu Irl6n N1li!SHpSa as pteslueIlt NTN a. n.
Larche as Secretary. shall constitute the
frat Board Of Directors. They shall hold
their Offices until the first Monday in
January, 1890, or until their successors
On the first Monday in January, 1870,
and annually thereafter, an election for
shall be held at the place of bust
ness Of said company, after ten days notice
in writing shall have been given to each
or his duly authorized agent
by the secretary, the Same to be delivered,
sent or mailed to the stakeholder or his
agent, and said directors shall take their
seats imnediato}y OF their election. Each
Board of Directors shall elect president
and secretary.
Two OF the Board Of Directors present or
represented owning a majority of shares of
the capital stock shall constitutes quorum
for the transaction and in arrangement of all
the business and affairs the company, and
for the government Of the COM
pany as they may think proper.
The president of the company is hereby
vested with the authority to make pur-
chases and sales, to bind tho company by
contract, to hire and discharge employees.
to fl K the salaries thereof, and TO gencrally
conduct the business Of the corporation.
All checks and drafts shall be signed by
The president or secretary.
ARTICLE V.
At the termination of this charter by
limitation or otherwise the business ana
affairs ofthis corporation shall be liquida, ed
by three (3) commissioners to be appointed
from among the stock holders ut a meeting
after ton days prior notice in writ
ing shall have been given by the secretary
to each stakeholder or his agent, said notice
to be sent by mail, or delivered in person.
The said com missiuners shall ba elected and
their duties defined and compensation fixed
by IN aiority of the shares OF stock present
or represented at said meeting. In case OF
The death or disability Otone or more Of the
said commissioners, the survivors Shall
rnptinue To act.
ARTICLE VI.
All elections shall ba by ballot and each
share of stock shall be entitie d 20 one vote
in person or by pro KY, provided that two
Thirds of the stock voting shall DO sufficient
to decide all questions voted on.
This done and passed in my Office ;.t
Monroe, Louisiana, in presence of J. ID.
Heron and Thomas McGuire, coniro-
tent witnesses residing i'll :ho par
ish OF Ouachita, who hereunto subscribe
their names together with said parties,
and ME notary, on the day and date set
forth IN tho citption hereof. E
: AS tTiIAH MlLLSAPS. #
& FL EE w. +. MlLISAPS. G
Z 81 & X. L. RIIINI Ell tR'r,
4 VI I'm. LAECffE.
J. n. HEBRON.
THOMAS Mcguire. GO
X. a. YOUNG,
L. p Deputy Clerk and ex-oflicin Nc-
49, corder and Notary Public. rs