The Colfax chronicle. [volume] (Colfax, Grant Parish, La.) 1877-1981, 1892-08-20
CHARTER.
NUGENT, HARD1NER 4 COMPANY.
LIMITED.

Parish of kapides
Be it known, That on this, the Invent,
Fifth Day Of July, Ammo Don,ini Eighteen
Hundred and Ninety Two, before me,
Louis V. Marye, Notary Public in and
for the Parish and State aforesaid, duly
commissioned and qualified, personally
came and appeared Earnest J. Hardtner
and Henry 4. Hartltncr, residents of RAJ
pides parish, State Of Louisiana, and J.
Monroe Nugent, resident Of Grant par
ish. State of Louisiana, who declared I'M
to me Notary that, awaiting themselves Of
the provision of Act number 36 of the
General Assembly of the State of Lonisi-
ana, approved Juno %, 1884. AZ well as
the gene ral laws of this State, relative to
the organization Of corporations. they
have formed themselves, and do by these
presents form and constitute, Limited
Corporation, for the objects and purposes
and under the stipulations hereinafter set
forth, as follows. t0-wit:
ARTICLE l.
The name and title of the said corpora
ton shall BIZ. NUGxNr, HARDTNER AND
COMPANY, LIMITED, aud by that name it
shall continue and enjoy succession for a
term Of Twenty Years from the 25th day
Of July, 1892, unless sooner dissolved.
1t shall have the power to sue and be
sued, to make ard nse corporate seal, to
hold, purchase and lease real estate and
personal property, to sell and bypothe-
cate the same, to name and appoint di-
rectors. officials and mans8ers and agents,
and to make and establish bylaws, rules
and regulations for the management of its
affairs, as may be requisite aud necessary.
ARTICLE II.
The domicil Of said corporation shall be
the town If Nugept, ON the Houston, Gen.
trail Arkansas and Northern Railroad, in
the Parish of Grant, State of Louisiana,
and all citation or other legal process shall
be served on tive President Vice President,
or on the Secretary Of the corporation.
ARTICLE III.
The objects and purposes of this corpor-
alton shall he that Of conducting o gen.
Planning business ut Nugent Station, in the
ARTICLE Nv.
The Capital Stock of this corporation is
fixed ut Six thousand Dollars, divided in
to Sixty Shares Of One Hundred Dollars
the right to Increase its capital stock not
to exceed Twenty Thousand DOliars
The capital stock is subscribed to and
has been paid up in the following manner,
tO-wit: j. Monroe Nugent has subscribed
to thirty shares, which has been paid up
by him in machinery to the value Of
Three Thousand Dollars; Earnest j Hardt-
ner has subscribed 10 twenty shares. which
have been paid up by him in machinery
to the value of Fifteen Hundred Dollars,
aud Five Hundred Dollars of merchan-
disc; and Henry L Hardtner has subscrib-
ed tn and paid in Ten Shares. which have
been paid by his furnishing merchandise
to the value of One Thousand Dollars.
ARTICLE v.
All powers of thia corporation shall be
vested in Board of Three Directors, two
Of whom shall firm a quorum. The first
Board of Directors are, Earnest J. Harlt-
ner, President j. Monroe Nugent, Vice
President. aud Henry Z. Hardtner. Secre-
tary, and they snail hold Office until the
first Monday in March, 1893, or until their
successors are elected. There shall be an
annual meeting for the purpose of elect
ing directors, ON the first Monday of March
of each Year, and at the annual meetings
Of each year statements shall be made of
tho condition of the business. its assets
and liabilities
ARTICLE vi.
No shares of stock shall he transferred
unless they be first offered to the Corpora
ton, and then only after giving six months
previous notice to the other share holders;
and no shareholder shall be held liable
for any contracts or faults of said cOrpor-
alton in any further SUN than the amount
OF their respective shares of stock.
ARTICLE VII.
This charter may be modified OF amend
ed, or the said corporation may be dis
solved by the consent Of all the share
holders, and when dissolved its affairs may
be wound up by the parties hereto, if sat
isfactory to all of them. and, in the event
of disagreement. by an umpire or commits
sioner selected for that purpose.
Thus done and signed at my Office in the
cit1 Of Alexandria, ON the day and date
first above written, and after reading the
same, and in the presence Of these wit
nesscs. +. }. HARDTNER,
HENRY E. HARDTNER,
}. N. NUGENT.
Witnesses:
A. ALBERT,
L. v. MARYE, JE.
l.. v. MARYE,
SEAL Notary Public.
Having examined the foregoing charter
and firding nothing therein contrary to
the constitution Of the United States nor
the constitution and laws of the State of
Louisiana, therefore approve same, on
this goth day of July. 1899.
X. T. MILLING.
Dist. Atty 4th judicial District.
August l3-6w