The Colfax chronicle. [volume] (Colfax, Grant Parish, La.) 1877-1981, 1892-08-13
CHARTER.
NUGENT, HARDTNER 4 COMPANY,
LIMITED.

UT a,
Parish of kapides.
Be it known, That ON this. the Twenty
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 aud appeared Earnest j. Hardtner
and Henry Z. Hardtnrr. residents Of Ra-
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 LOuisi-
ana, approved June %, 1854. as well as
the general laws of tins 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. to-wit:
ARTICLE /.
The name and title of the said corpora
ton shall be. NUGENr, HARDTNER AND
COMPANY, LIMITED, aud by that name it
shall continue and enjoy succession for
term of Twenty Years from the 25th day
Of July, 1892, unless sooner dissolved.
1t shall have the power to sue aud be
sued, to make aid nse corporate seal, to
hold, purchase and lease real estate and
personal property, to sell and hyPothe-
cate the same. tn name and appoint d.
rectors, officials aud managers and agents,
and to mako 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 Of Nagent, OH the Houston, Gen.
trail Arkansas and Northern Railroad, in
the Parish of Grant, State of Louisiana,
and all citation or other legal process shall
he served ON the President, Vice President,
or on the Secretary of the corporation.
AKTICI E III.
The objects and purposes of this corpor-
alton shall be that of conducting q gen.
eral Merchandise and Saw Milling and
Planning business at Nugent Station, in the
Pa, ish Of Grant, State OF Louisiana.
ARTICLE Nv.
The Capital Stock Of this corporation is
fixed at Six thousand Dollars, divided in
to Sixty Shares of One Hundred Dollars
each, and the said corporation shall have
the right to increase its capital stock not
to exceed Twenty Thousand boilers.
The capital stock is subscribed TO and
has heen paid mp in the following manner,
tO.wit: j. Monroe Nugeut has subscribed
to thirty shares, which has been paid mp
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 i'm machinery
to the value of Fifteen Hundred Dollars.
and Five Hundred Dollars of merchan-
disc; and Henry f. 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 this corporation shall Ike
vested in Board of Three Directors, two
of whom shall form quorum. The first
Board of Directors are, Earnest J. Hardt-
ner. President J. Monroe Nugent, Vice
President. and Henry L. Hardtner. Secre-
tary, and they shall hold Office until the
first Monday in March, 1893, or until their
successors are elected. There shall he 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 he made Of
the condition of the business. it's assets
and liabilities.
ARTICLE vi.
No shares of stock shall be transferred
unless they he 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 N any further sum than the amount
of their respective shares of stock.
ARTICLE VII.
This charter may be modified or 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 mp by the parties hereto, If sat
isfactory " all Of them. and, in the event
Of disagreement. by an umpire or commits
sioncr selected Tor that purpose.
Thus done and signed at my Office in the
city of Alexandria. ON tho day and date
first above written, and after reading the
same, and in the presence of these wit
nesses. Z. J. HARDTNER,
HENRY +. HARDTNER,
J. NJ. NUGENT.