The Colfax chronicle. [volume] (Colfax, Grant Parish, La.) 1877-1981, 1890-03-29
The "Jatt'' Land and Reclamation
Company, Limited.
CHARTER.
United States Of America, State Of Lou
isiana, Parish Of Grant.

OA4V0o SSosoo Va AWoIlOu1 oboso Va 0Ou-
isiana. Parish Of Grant.
Be it known that on the eighteenth day
of March in the year of our Lord Ono
Thousand eight hund ed and ninety 1890
and of the Independence of the United
MATES of America one hundred aud four
teen (l14i before me Andrew Thorpe, q
Notary Public duly commissioned aud
qualified in and for the parish If Grant,
State OF Louisiana, and in presence Of the
witnesses named and undersigned t"-wit:
6. w. Rhorer aud Phillip 0oode, person
ally came and appeared g. & Nssl, II G.
Goodwin, X. >. Cameron, Joshna Kemp,
j., Geo s. Johnston per pro- j. Kemp, Jr.
and Charles II. Teal. all residents Of aud
domiciled in the Parish of Grant and state
Of Louisiana Who declare that awaiting
themselves of the provision of the laws of
the State of Louisiana relative to the or
ganization Of corporations. they have con-
tracted and cgreed and by these presents
contract and agree and bind and obiigate
themselves as we'll NJ such persous - may
hereafter become associated with them {,
form and constitute q corporation and
body psslitic in Law for the objects and pur-
poses and under the agreement and stipu-
lations following to-wit:
ARTICLE /.
The meme and style Of this corpora ton
shall be s'The Jatt Land and Reclamation
Company, Limited" and by that name it
shall have power and authority to exist
enjoy snccession Tor the 1nll term and Pc
Rod of ninety mine years, ccmmcnciDg and
to be computed from the date of incor-
porsti0ns
ARTICLE II.
The domicile of the corporation shall bs
in Collar, in the Parish OF Grant. State Of
Louisiana, and citations or other legal pro-
cess shall be served upon the president Of
said corporation. or IN case o. his absence
or inability to act, upon the secretary.
ARTICLE III.
The objects and purposes for which this
corporation is established arc declared to
be the buyirg. selling aud rtclaining
act rs agents for the purchase, sale, leas-
ing and renting of lands. aud 40 and per-
form all acts necess ry in the premises
and for the purpose of carrying on any
lawful business or enterprise not iDconsist-
ent with the constitution and the laws Of
ARTICLE Nv.
This Corporation shall have power by
and under the above name TO enjoy The
following rights and privileges. tO-wit:
It shall be capable in law to purchase,
receive, bold and emily lands and other
property of any kind whatever. II shall
have the rights 10 grant sell or mortgages
u, TO dispose of said property-to sue
and be sued-tn plead and BE- impleaded,
81.
seal. to establish by laws, 10 govern this
corporation and 10 Aaat debentures or
otser bonds and to do general Ioau and
purchssing business.
AHTICLEv.
The capital stock Of this cooperation is
her, by fixed ut one hundred thosss and dol
lars (.t0O, OO0) divided into two thousand
(2ouO) shares of the par value Of fifty dol
lars $500 eact. with liberty to commeih Q
wherever ten Thousand dollars
tSlO,GUO) of the capital shall have been
subscribed No stocklIold.r shall ever be
held liable or responsible for the contracts
or faults of this corpoi alton in further
sum than tire unpaid balance due on the
shares of stock held by him, n0r shall nuy
mere informally in the organization have
the effect Of rendering this charter null or
XXI o>ing = ckholier to aay liability bo-
yond the mount Ut hi stock unpaid.
ARTI LIE vi.
All the corporate po vers Of this cnrpor-
atisn shall be exercised by a board # di-
r cts.rs composed # live (5) Stockholders
Df this cosnpanv---a majority If the board
>lia constitute quorum FIR tie trans-
4 lion Of buSiuess rae u.ficers OF this
: 'mp'ny s.aii be- a president, n superin-
Ien.ent nj a sects taSy who hall also act
- ',+ss uTer 4 IL office shall I've elected
III. = nsd o. d rectors and shall hold
their fficts for The term of the lO nd whi'.h
lect Il tism. The said officers t0 hold
III until ih, FIRST III ,nlsy in Janusry :.
y. 1891. n mi. thei. su essor- are elected
! u ave qualified
ARTICLE VI.
1891 AID arnuslly thereafter an e!ecfion
sr five directors shall l,e ilel az The Office
VI the company and of birh I'll ctiOi pre-
Nous natic.. shall be given by pubi'cation
hiring twenty DAYS IN ose 1T b. aews:'a-
,erS published in the parish Il Grant, Ia
/, plurality Of votes, co'-nfinc one vote
r each share. shall be- snificen. 10 cicct
ARTICLE VIII.
II sl'a1 be law fisl fl the stoc kho tlers II
lis CO poresion. at i eeuetai meeting cen-
'ened for that purpose, to mike any MOLE
icatieus. addition or changes in flsis set Of
Incorporation or to dissolve il with the
assent Of three fourths If the stock repre-
ented at such meeting-any snch modi-
ication. addition, change or dissolution.
hall be record u a. required by law.
ARTICLE TX.
At the expiration Of this act Of iucorpor-
'tiou or at the earliest termination of this |
company. its affsirs shall be liquidated by