St. Landry democrat., 1891-10-03
CHARTER
THE BELL-CHENEy SPRINGS CO.,
LIMITED.

THE BELL-CHENEy SPRINGS CO.,
LIMITED.
| STATE OF LOUISIANA, PARISH OF ST. LANDRY.
Be ii known that on this 5th day Of the month
of September, i'll the year of our Lord one thou
sand eight hundred and ninety one, personally
came and appeared Ktmi Mornhinves, Murphy
| D. Lewis, ,taGncs o. Chacherc, Robert Cha
cherC, CIGrDi!iS COlucau, Samuel Haas, Robert
NJ. IittclI, plavide Robin, PiHtard ID. Williams,
Charles +. Burr, Aaron Loeb ID. p. Saizan, John
A. Haas, Henry l.. ErlicI, Ferdinand NJ. War
telle, TEos H. Lewis, j., !. 5. Foote, hereto
subscribing i'll prcscnce of the undersigned COM
potent ana attendant witnesses, residents Of the
parish ana State aforesaid, who declared to he,
the undersigned, WILLIAM s. FRAZEE, Il notary
public, duly commissioned and qualified such
in and for the sa d parish and State, hat they
have formed themselves i'll Il corporation, and
ny these presents do form themselves into ID
corporation, to be styled "Ihc Bell-ChCney
Springs Company, Limited.'
1St. The object Of this corporation is to pur
chase the Brll-Chcncy SpungS and laud aud
buildings thereto belonging; to sell the same
III case tlIree-fouiths Of the Stockholders 50 de-
sire, rcstrying the Stockholders lots to then; ;
to set aside portion thereof together with the
buildings and springs situate thereon, ?or a
place public leaort to be leased to some COM
Petent person as Il place to be kept for public
resort, subject TO such conditions and terms as
thls body may determine upon. The said pro-
perty is to be purchased for p ace also OF sum
mer resort for the members Of this Company !;
also for the sale i'll lots to persons who may de-
sire to erect thereon houses and nements for
summer residence,
Cd. The capital stock of tue Company shall
he the sum of Serenteen HuuIred Dollars, divid-
ed into seventeen shatcs OF one hundred dollars
per share The stock may be increased from
time to time upon the assent thereto of three
tOur.ls OF the Stockholders.
Sd. The affairs of this Company shall be man
aged by /, Board OF Directors to consist OF seven
stockholders, to be annually elected OIL the 1St
day of Septembcr, each st0ckhOlder being enti-
tied to vote Tor each share OF stock held by
him; the stockholders being entitled to vote by
i.ff.l IA ilp gfn h,lIl
4th. The Board Of Directors annually elected
| shall choose Il president, vice president and Sc
cretary tbs latter to be treasurer aud to give
| such bond as the board OF directors may deem
sufficient. The first board OF directors shall be
ktmi MOrnhinveg, Placide Robin, c. Conleau,
James o. Chacherc, NJ: d. Lewis K. Chachere,
c. +. Barr, with Rcmi MoruhinVog as president
aud Robert Chachere as secretary and treas
urCr. and {. COnleau vice president.
5th. The board of directors shall have full All
thOrty to cause survey and plat of the ground
to be made. showing aud designating the uor-
tiou OF ground set aside for Il place OF pub
S HS the ad G' ont Of or ne sse to ss
persons us may desire to purchase. The
board shall also have authority TO make
rules and regulations for the general govern
terms and conditions upon which lots of ground
, may be sold to lease tnat portion of the ground
: upOu which the springs and buildings thereto
belonging are situated, upon such terms and
J. conditions as they may deem best for the coul-
mon benefit.
g, II.
rpD3irs an;l inInroyrlnputs unon tEn ,rround to
| be set aside for !, public resort a, they think
necessary, to put it in condition to be lease,,
provided no greater sum thau fifteen hundred
dollars within the next three wears Shall he ex-
pended for said purpose.
Aud for the purpose Of making such repairs
and improvements, contributions upou the
stockholders may be called for by the board
In levying such contributions the directors
shall make the same payable III lnstallments,
having in view the convenience and abilitv tn
pay OF the Stockholders
| 7th, The stock shall be paid for by the nr,-
sous holding the same in accordance with the
J terms OF payment of the purchase price of the
property each stockholCcr nayiug his uropor-
, ton of tile cash payment and credit Install.
! ments With the interest accrued thereon.
| Sth. In case of failure Of any stockholdcr to
meet his payments promptly upon his stock or
, upon any cail for 4 contribution made upon
. him. he Shall forfeit his stock and his interest
i'll the company and in its prouerty and his
stock and interest the property snail he for
: feited to and vtet III the other Stockholders
, who shall themselves meet his indebtedness !;
, provided that this provision Shall not be held
to apply to tie lot OF ground Of any stakeholder
who shall have paid Tor his stock in full; such
t stakeholder, though forfeitng his interest in
, all tho balance of the property, having the right
to retain the lot OF ground ASST igned to him with
, all its privileges.
The board Of directors shall in all leases TO he
made by them, reserve to the stockholders the
right to the use of the waters OF the springs
: and the baths, aud shall also reserve to tile plr-
! chasers of lots and their households the free
Use of the waters of the springs for drinking
: and Tree access thereto.
10Th The board of directors shall sell no lot
j to a person of bad character, and shall incor-
porate in every act OF sale, that the lot sold
| Shall not be occupied by house of illfame nor
shall be used to keep a drinking or gambling
house thereon, or store or public business of any
kind; and any viola latson OF such stipulation by
any purchaser Of q lot, or by the heirs or repre-
senlatiYcs of such person, shall Instantly work
a forfeiture Of the title and ownership Of such
lot and buildings thereon, and the same shall
vest in the stockholders, as also all interest
which such persons may have in the Company
1lth. Amy stakeholder who may wish to dis
pose ot his stock must give the preference to
the board of directors to purchase for the stock
holders and no lot SHAH be sold by the owner
without the consent OF at least four of the stock
holders obtained IN writing-this latter provlso
to prevent any lot from falling into the posses
sion OF person Objectionable to the other lot
owners and to the stockholders.
18th. The d0mic.le OF this Company shall be
OpclUusas, st. Landry parish all suits shall be
i'll the name OF the president, upon whom cita-
ton shall be served i'll case OF any suit against
the Company.
18th. No stOchnoider shall be responsible for
any debt or charge. against the company for
9 hD1 1ln,,s.