The Lake Charles echo. [volume] (Lake Charles, Parish of Calcasieu, La.) 1876-1898, 1892-05-06
CHARTER.
STATE OF LOUISIANA, T,

PAAisR OF CALCAsiBU.
BE In KEaWE, That on this, the 10th tlay OF
Marcel, in the wear Of our Lord One Thousand
Eight Hundred and NiBety1,wO and of the Indie,
| pendenee Of the United States of America the
| One Hundred and Fifteenth before me M ".
| HhugF0ye a Notary Public in and for said Parish
OF Caleasleu, and State of Louisiana duly com.
mtssl9ned and qualified as such aud in the pres,
ence OF the witUesseB hereinafter n amed and IN.
dersigneq personally came and appeared j. NJ.
| SWitley, j.. A. Miller j. w Hancbey. s. j. u
| Andrews and j a. Kent residents Of Caleasieu
pafis, State Of Louisiana, who declare that avail
| ing themselves of the provisions Of the laws Of
we state OF Louisiana relative to the formation
o. corporations Tor carrying on the mercantile
business, they do by this act and these presents
! oovnant. agree, and bind themselves and those
| Who may hereafter become associated with them,
| To form and constitute a corporation and BODY
polll1c in law for the purpose and under the ART
eiea and agreements hereinafter contained, toWit
ARTICLE i.
| The name Of this corporation shall be .srHF
| DRY CREEK COMMERCIAL ASSOCIATION,
| LL1MiTEDl. Its demicile shall be at DRY Creek
| Caloasle1 parish, Louisiana Tbe purpose Of this
ASSOCIATION is to conduct general mercantile
| business.
ARTICLE
| The capital stock Of this Association shall be
rive Thousand Dollars 49, 000l aud shall be rep
dollars each. Said Association shall be author
lied to commence business when Five Hundred
dollars shall have been subscribedaDd paid up.
AtIIOLE III.
Subscriptions for stock shall be paid for as fol
lows; lhi1ty per cent mt the time OF snbscIiDti0n
aud TWENTY-FIVE per cent uaFterly until ma sboIe
Of Subscription Is paid up.
ARTIGLE Nv.
Transfers Of stock shall be made only upon the
/ books Of this Association and no stoeEhoIisr
sit oe authorized 70 sell share Or shares to any.
ohe a. private sale, but shall otter such share or
shares 70 the Association. Said Association shall
De alth9ElSsd 10 buy the same at par value Each
Sloehholder shall be entitled to as many votes as
40 represents PAD up shares Of stock.
ARTIOLE v.
The stockholders shall elect FIVE stoelFboIdars
o board Of directors threBlirsctors shall consti
EuIe quorum for tho Transaction "a Ebusinese
they shall elect from tleirnumber a PRESIDENT
Ylee5prasideht and secretary
ARTICLE VI.
The directors shall have pawer 10 appoInt ar.
uAstllss ~ pleasure sneh agents clerks and other
gLiPl9yes r. they may deem necessary Tor the
business q sald Association and 10 rslliAte their
s5hlagy and TO determine their bond aud 10 enact
49,, ~ sA NJ re bylaws Of the Association
lm a4Ill the stockholders shall have refused to
ARTICLE VII
The agent and employees shall be .reouired TO
glve suiueient bond, approved by the dipectors
70 cover all responsibility reposed "a them.
ARTICLE VIII.
No stakeholder shall ever he Liable or rasnons
ible for the contracts Or faul OF ts Associafg3
N ~ any lurtAer sum 1tnan the uapaid balance On
t9o SHARES OF stock subscribed on owner 5by him
Ngr shal any mere inioI1pality Of Organization
AaEs we 2, etset Of exposing any stockholder 70
alS liability beyond the a1nonnt Of Their subsorfp
ARTICLE TX.
All citations or other legal process shall be
served on the president aud Ii case Of his ali.
sense or Inability upon the president and IN
the case Of the Aheepce OF Inability OF both unaD
me secretary The president shah have power
X oall.a lneeiing q the stoelsholders whenever
tho necessity may demand.
ARTICLE X.
The following named stockholdsrs shall oonsti.
tnte the first board of diFeetOrs ~ eaid Aasnris
ton vested Hith al power lereinaifar snumera
ted, aud 70 c0nllnne IN 01ioe until theiF sneees
sors shall have been elected and have qaaiiiisd
n ~ nA is5 daEiE, Il j. 4 y h As shSs
in. KENT. A
ARTICLE XII
This corporation shall have power and autbori.
" n have and e1toy corporate existence and sno.
cessation fqr tho tenn of ten tl0) years from md
after The date hereof 20 contract sIls and IN $500
and % hold receive Lease, purchase convey and
k1oI tgaRe under ito corporate name propsTtv
p ,g tsA antl personal aud 70 have power to ID
4 70 carry out the objects Of
ARTIoLE XII \
, " heneTer this Association Is dissolved. either
ey iAmitatlqn or from other cause it's RaiIs shall
stocAhgldefs to be elected tor mat pnTpose IN q
general meeting Of the Stockholders convened |
Aitef VIE, isQ) days prior notice, and With as
4 ~ q thestoek rep esented II
t3e death Of Que p more of said lGonniissione
re ssli feFs shall have power 70 act.
J.tMssWILLEY,
7. "a. MILLER,
4 Wi H.AsAl 4