St. Landry democrat., 1891-10-17
The DEMOCRAT six months 81.
CHA RT.ER
The BELL-CEENEY SPRINGS CO..
LIMITED.


eItIi. OF LOUISIANA, PARISH OF 81. LANDRY,
Ep il known t:4t o.. this 5tl day Of tile month
OF September, il the year of lord one ul
sand eight hiiil,irrd ami ninrtE 0nc personally
came and appeared lttiDi Mornhinye;:. Murphy
y. Lewis, James 0. Charherc, Robert Cha
| chcrt, ClCupha5 COm"au, Samuel Haas, Robert
! NJ Lltte!l, Iiacide Robin, Plutard ID. Williams
| Charles +. Burr. Aaron Loeb. y. =. Saizan John
\. Haas, Henry l.. Erlich, Ferdinand NJ. War
| tcllr, Ihos. H. Lewis, Jr., I. s. Foote, hereto
subscribing i'll presence of the undersis ned com.
pctcnt and attendant witnesses, residents of the
| parish and state aforesaid, who declared to me
| the undersigned, WILLIAM S. FRAZEE, q notary
| public duly commissioned and qualified az such
| in and for the sad parish and State, that they
! have formed themselves in Il cnrpnration ana
| by these presents do form themselves INTO a
| corporation, to be styled THE Bc!lChcrrE
! Springs Company, Limited"
1st. The object OF This corporation l., to IIr-
chase the Bcll-Chency Springs and land ard
| buildings thereto belonging; TO sell the same
| III ease thrce-t0urthS of the Stockholders so de.
! sire, rcserving the stockholders, lots to them
| to set aside portion thereof together with The
! buildings and springs situate thereon, or a
place u public resort. 10 be leased to some com
! petent person as place to he kept for public
resort, subject 70 such conditions and terms AS
this body may determine upon. The said pro
perty is to be purchased for ace also of SUN
ler resort for the members OF this Company
also for the sale in lots to persons who NAV de-
| sire to erect thereon houses and t-nemcnts for
summer residence.
! I'd. The capital stock of tho Company shall
be the sum of Screhtecn Hundred DGliD1.s' liyid
ed into seventeen sha,cs OF one hundred dollars
per share The stock may be increased from
time to time upon the assent thereto of three.
t0urthS Of the stockholders
Sd. The affairs of this Company shall be man.
aged BY a Board OF Directors to consist of seven
Stockholders. to be annually elected on tie Isl
day OF September, EACH stakeholder being emit
tied to one vote Tor each share OF stock held by
him; the stockholders being entitled to vote liz
proxy, the latter To be a stakeholder himself
+th. The Board of Directors ANNUALLY elected
shall choose IL president, Vice president and Sc
crGtary, the latter to be treasurer and to give
such bond dis the hoard Of directors may deem
sufficient. The first board OF directors snail be
Rcmi MOrnhuVeg, Placide Robin, G. C0lncau
James o. Chachere, NJ. d. Lewis, r. Chacher,.,
{. +. Burr with RGmi Mornhinvey as president
and Robert Chachere as secretary and treas
urcr. and c. COmcau ce-preSidcnt,
5th. The board OF directors shall have full au-
thorlty to cause survey and plat of the ground
to be made, showing and designating the por-
ton of ground set aside. for place of pub
and the lots laid out for sale to such
persons as may desire to purchase. The
board shall also have authority TO make
rules and regulations for the general govern
ment OF the affairs of the Company, to Xix the
terms and conditions upon which lots OF ground
may be sold to lease that portion of the ground
upon which the springs and buildings thereto
belonging are situated, upon such terms and
conditions as they may deem best for the com
mon benefit.
OIL. uC bOdlu VI directors may make Supil
repairs and improvements upon the ground 10
be set aside for public resort as they think
necessary, to put ii i'll d condition to be leased
provided no greater sum than fifteen hundred
dollars within the next three years shall be ex-
pended for said purpose.
And for the purpose of making such repairs
and improvements, contributions upon the
stockholders may be called for by the board
In icvylnS such contributions the directors
shall make the same payable in instal!ments
having III view the convenience and ability to
pay OF the stockholders.
7th. The stock shall be paid for by the pcr-
sons holding the same in accordance with the
terms or payment of the purchase price of the
property, each stakeholder paying his proper
ton OF the cash payment and credit install
ments with the Interest accrued thereon.
sth. In case of failure OF any stakeholder to
meet his payments promptly upon his stock or
upon any cal for "a contribution naac anon
MN, he shall forfeit his stock aud his interest
i'll the company aud in its property, and his
stock, and interest III the property shall bc for
felted TO ana vest lii the other Stockholders
who shall themselves meet his Indebtedness.
provided that this provision shall not be held
to apply to the lot OF ground Of any stakeholder
who shall have paid Tor his stock in fnl. surh
stOckhOlder, though forfeitlng his interest in
all the balance OF the property, having the right
to retain the lot of ground assigned 70 him with
all its privileges.
The board of directors Shall in all leases to ba
made by them, reserve to the stockholders the
right to the use of the waters Of the springs
and the baths, and Shall also reserve to tie pu-
Use of the waters of the springs for driukiu,.
ana rec access tHeretU.
10Th. The board of directors shall sell no LOT
to person OF bad character and shall ucur
norate i'll every act of SALE that the lot sold
shall not be occupied by house of H. fame. nor
shall be used to keep drinking or gambling |
mouse thereon, or store or public business of any
kind; and any violatson OF such stipulation hy |
any purchaser OF Il lot, or by the hclls or repre-
scnLatlves OF such person, shall instantly work
a forfeiture or the title and ownership of such
nd
vest in the Stockholders, as also all interest |
which such persons may have in the Company, |
18th. ANY stockhoider who may wish to dis |
pose OF his stock must give tho preference 70 |
the board of directors to purchase for the s10ck |
holders, and no lot shall be sold by 5le owner
without the consent OF at least four of the stock
holders obtained Ill Wrtlng-this latter prorIsn
to prevent any lot from falling into the posses.
sion OF person Objectionable to tho other lnt |
owners and TO the stockholders
n I2;h. inc aqlnlc;ie OF this Company shall be .
OpelouSas, st. Landry parish; all suits Shall be
IN the name OF the president, upon whom eta
ton shall be served III case of any suit against
the Company. '''
18th. No stockhodar shall be res,,ons. bio ro,
any debt or charge against the COMPANY fur
IN amount exceeding his stock and inter-
sst n the property and each Stockholders il
Ills interest i'll the company.
14th. The president and in his absence the
wee president shall have power to call a meet
ng OF the board OF directors or a meetinp MAY,
De convened upon the call of 5 stockh6lderSs
quorum of the board shall consist of mem
)eTH. - ~ |
18th: This Corporation shall exist for the NJ,
400 or % Years, and its affairs shall be loila-
lated by lIquidator appointed by q minority
u the St &C, This corporation may be
meanwhile dissolved and its affairs liOui;lut
"a before the lapse of 25 years should three
ourths OF the Stockholders SO decide. But IN
N the dissolution of this corporation for any
ause, each stockholder shall continue to own
lever hcless his lot of ground and imnrnyc
ncnts thereon which shall vest in him ana in
lis heirs in fee simple. "A' III
i6th. Inc president is hereby authorized TO
ct Tor TINS company i'll making the purchase of {
ne springs property in accordance with a :
Trltteh promise to sell, obtained from Samuel
iaas and now in our possession. ''"''''0i
mos. ii. Lewis, Jr., James O. Cbachere NJ
,. Lewis, u: T. Satan, j. A. Haas, Samuel
laas, r, NJ Wartelle, Chas. F. Burr, K. III. Lit.
gu, A. 5. Loeb, H. L. Erich, Placide Robin. F. e
). !. toote, t. Mornhinveg, Robert Chacherc, c.
omeal, p. D. Williams "
Attest: l.. s. Clements, Thos. H. lewis
W. s. FRAZEE, Notary Public
nave examined this act of lncorporati0n and
no lts purposes and objects to be legal, and
lat none OF It's provisions are contrary to law,
Sept. 2lst, 1891. w -"' .
JOHN N. OGDEN, Dist Atty.