The Opelousas courier., 1892-09-17
CHARTER.

appeared Mistress Amelia Grimm, wife of Jno.
ID. Currie. duly separated in property from
her said husband by Judgment of the DIstflet
Court Of the parish of St. Landry, and herein
duly aided, authorized and assisted by her
said husband, who appears herein for that
purpose, as also Samuel Haas and DR., John A.
Haas, all residing and domiciliated in the
above mentioned parish and State, and to me
well known, who seyerally declared that a.
vailing themselves of the provisions OF act NO.
Sc of the General Assembly of the State OF
Louisiana approved and signed on June 28th,
1888, have contracted and agreed, and by these
presents do contract and agree, and have
formed themselves into a corporation toH aShe
objects and purposes, and under the te$ks,
limitations, and ~stipulations heretnafterS5sE
forth, to-wit, that is to say: go
Article 1.-The name and title OF this m
~poration shall be the "A. CatTYie Co., Lml
it's domicile shall be in the village OF vpie
Plate, in the parish of st. Landry, LoulsiaA "a,
and it shall e~xist$for the term OF five yeaAs
from this date, provided however,, that by
mutual consent, the present incorporators,
or their successors and assigns, shall have
and enjoy the privilege of extending the
term of this Charter beyond said date, or
of limiting its duration and liquidating its
affairs, if they see proper to do so.
article 2.-The objects and purposes OF this
corporations arc hereby declared to be, to con-
duct a general mercantile business, as also
the running of a cotton gin to gin, press and
bale cotton for the public at said village OF
Vile Plate, by and with the people of said
village and surrounding country, and IN the
carrying on OF such business. said corpora
ton shall be authorized to acquire such real
estate as may he necessary to carry on said
business, and shall be authorized to buy and
sella all sorts OF personal property provided
however, that it shall also be authorized to
bny and sell real estate beyond what Is
necessary to carry on its business with the
IL tIn a., rNn rn n N fl,A1r
Successors.
Article 3.-The capital stock Of this cor
~poration consists of the merchandise in the
store heretofore. carried on by Mrs. A. Currie
at Vile Plate, as also all the assets OF said
business consisting of notes. due bills, Judg-
ments, open accounts due said business, and
everything OF value pertaining to said bust
ness, as also all the stock and wagons here
tofore used in said business, all of which, by
mutual consent and agreement is capitalized
and valued at the sum of five thousand dol
lars, and is fully paid upon this date; said
capital stock OF five thousand dollars is
divided into live shares OF one thousand dol
lars each, divided and subscribed as here
matter stated, and business shall begin from
this date provided. however, that the cap
stock shall be increased in such amount
as may be hereafter agreed on by the in
corporators or their assigns, if they choose
to do SO.
II article Il The capital stock of this cor
p~oration is owned and subscribed as follows:
Mrs. A. Currie two and one-half shares, par
value $500. 90; Samuel Haas one and one
quarter shares, par Value twelve hundred
and fifty dollars; and DIR. John A. Haas one
and one-auarter shares, par value $l250.00
Article 5.-The assets, rights, credits, and
property, now owned. or heretofore acquired,
shall alone be responsible for the debts of the
corporation, as the capital stock is paid up
provided, however that if the capital be lns
creased as provided for in article three, no
stakeholder shall be liable beyond the amount
unpaid OF his, or her. capital stock.
Article 6.-The business affairs of this cor
p~oration shall be carried on by a manager to
be named By the stakeholder, subject to
their direction and assistance, who shall be
authorized to sue in tho name OF the eorpor-
alton, and npon whom all legal process shall
Ebesserved provided, however, that in case of
his absence, or inability to act, process may
be Served on the stockholders in case of
the death. the stockholders, or a majority of
tEenf~sbal hare the power to name q new
manager, provided this be dome IN writing.
Until otherwise ordered, John d. Carrie,
special agent Of his wife aforenau1ed shall
be the manager of the corporation affairs.
Article mo stakeholder of this corpora
tisn shall have the right to use any property
s0f the Go. for speculative purposes; provi-
.dea, however, that he shall have the right
to buy same for his individual use at cost.
price, including the freight paid on anne
Article S,-The net profits of the business
of this corporation shall be divided ratably
among the stockholders in proportion to the
amount IF stock owned by each one sever
ally, and sneh profits are TO be divided at
such times as may be agreed on, after full
statements of the business to be made by the
manager. Provided, however, tina the ex-
penses of carrying on the business such as
clerk hire, wages of laborers and mechanics,
feed OF horses aud mules, insurance premi-
ums on corporation property, repairs, and
other necessary expense of carrying on the
business, also tho board-bill of the manager
and his family, shall be paid by the corpora
tion before any profits are declared aud divi-
ded provided. however, that the manage is
not to receive any salary for his services ex-
cept By and with the consent of all the stock
holders.
Article 9.-This corporationshail not expire,
or cease, on the death of one of the stockhold-
ers: but in such event, the business shall be
carried on by the survivors until the. expirar
tion of the five years, or of the extended term
which has begun TO run, should the surviving
members choose 10 do so, provided, however,
that the survivors may, on sneh death, de-
mand u liquidation, if they so desire.
article l0.-Whenever the corporation shall
expire by Limitation, death, Or otherwise, it's
affairs shall be liquidated by the three stock
holders jointly, or by the survivors in case of
death, unless they agree to nane a %liquidator
TO do so.
Article 1.-THE manager shall keep a regu-
lar set of books exhibiting and recording all
Of The affairs of the corporation, which books
shall always be open to tie inspection of the
stock holders at reasonable hours,
The manager shall make all necessary con-
tracts to carry on the business affairs of the
provided, however, they be not
made in opposition to the wishes, of the
stock holders, and against their advice and
protest.
Done aud passed at Vile Plate, aforesaid
State and parish on day, year and month first
above written in the presence of Octave Bail
lilo and Nathan Erich competent witnesses
who signed with the appearers and me notary
..after reading of the whole.
AMELIA CURRIE,
/ authorize my wife tosign,
JNO. d. CURRIE,
SAMLs HAAS,
Witnesses j. A. HAAS,
O. BALLIo,
NATHAN ERICH
FRANK WHARTON,
Notary Public.
Having examined the foregoing act of ineor-
poration, / am of the opinion that the purpos
es and objects of the corporation as specified
in said act are legal, and that none of the pro-.