The Opelousas courier., 1892-09-24
CHARTER.

-
before me Frank Wharton, o notary public in
and for the parish and State above written,
duly commissioned, sworn and qualified, and
i'll the presence of the witnesses hereinafter
named and undersigned, personally came and
appeared Mistress Amelia Grimm, wife of Jno.
ID. Currie, duly separated in property from
her said husband by Judgment of the District
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 DIR, John A.
Haas, all residing and domiciliated in the
above mentioned parish and State, and to me
well known, who seVerally declared that a.
vaillng themselves of the provisions of act No.
Sc of the General Assembly of the State of
Louisiana approved and signed on June 28th,
1855, have contracted and agreed, and by these
presents do contract and agree, and have
formed themselves into a corporation for the
objects and purposes, and under the terms,
limitations, and stipulations hereinafter set
forth, to-wit, that is to say
Article 1.-The name and title of this cor
p~oration shall be the n. Caa7le Co., Lmited,n
its domicile shall he in the village of Vile
Plate, i'll the parish of st. Landry, Louisiana,
and il shall exist for the term of five years
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 lis duration and liqnidating its
affairs, IL they sec proper to do so.
article 1.-The objects aud purposes of this
corporation are hereby declared to be, to CON
duct a general mercantile business, as also
the running of Il cotton gin to gin, press and
bale cotton for the public ut 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 be necessary to carry OH said
business, and shalt be authorized to buy and
sell all sorts OF personal property provided
however, that it shall also be authorized TO
buy and sell real estate beyond what is
necessary to carry OH it's business with the
consent of all the ineorporators, or their
successors. |
Agticie 3.-Ilie 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. duo bills, iude-
ments, open accounts due said business, and
everything of value pertaining to said bust
ness, as also all the stock and wagons here
totore used iii said business, all of which, by
mutual consent and agreement is capitalized
and valued at the sun of five Thousand dol
lars, and is fully paid upon this date said
capital stock Of five thousand dollars is
divided into five 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
ltdt STOCK SIaIt De Increased III such amount
as may be hereafter agreed on by the in
corporators or their assigns, if they choose
to do so.
article A The capital stock of this cor
poration is owned and subscribed as follows:
Mrs. A. Currie two and ane-half shares, par
value S25eD,W Samuel Haas one and one
shares, par value twelve hundred
and fifty dollars and DR.. John A. Haas one
and one-quarter shares, par value $1250,0 0.
article 5.-The assets, rights, credits, and
property, now owned, or heretofore acquired,
SHAH alone be responsible for the debts of the
as the capital stock is paid up
provided, however that if the capital be in
creased as provided for in article three, no
stakeholder shall be liable beyondSAe amount
unpaid OF his, or her. capital stock.
article 6,-The business affairs of this cor
p~oration shall be carried on by il manager to
be named by the Stockholders. subject to
their direction and assistance, who shall be
authorized TO sue in the name OF the eorpor-
alton, and upon whom all legal process shall
be served; provided, however. that in case of
absence, or inability to act, process may
be served ON the stockholders in case of
the death, the stock holders, or q majority of
them, shall have the power to name a new
manager, provided this be done in writing.
Until otherwise ordered, John ID. Cnrrie.
special agent of his wife ainrenamed shall
be the manager of the corporation affairs.
Article mo stakeholder of this CORPORA
ion shall have the right to use any property
If the Co. for speculative purposes; provi-
led, however, that he shall have the right
% buy same for lis individual use al cost
1rice, including the freight paid on same.
Article S.-Ihe net profits of the business
# this eorporrtion shall be divided ratably
lmong the stockholders in proportion TO the
amount of stock owned by each one sever
lily, and such profits arc TO be divided ut ]
iuch times as may be agreed on, after full
of the business to be made by the
ASnon II nrtIn RI hauVa-n. kl-A IL -
,enses of carrying on the business such as
Jerk hire, wages of laborers and mechanics,
eed OF horses and mules, insurance premi-
ms on corporation property, repairs, and
'ther necessary expense OF carrying on the 4
also the board-bill of the manager
md his family, shall be paid by the corpora
ion before any profits are declared and divi-
led provided. however, that the manager is
lot to receive any salary for his services ex-
ept by and with the consent of all the stock
Iolders.
article 9.-This corporation shall not expire,
r cease, on the death of one Of the stockhold
rs; but in such event, the business shall be
arried on by the survivors until the expira- =
ion of the five years, or of The extended term y
yhiefi has begun to run, should the surviving
lembers choose 10 do so, provided, however,
The survivors may, on such death, de-
land IA liquidation, if they so desire. 4
article f0.-Wheneyer the corporation shall q
Xpife by limitation, death, Or otherwise, its 5
shall be liqnidated by bic three stock
olders jointly, or by the survivors in case of
cath, unless they agree to name q Iiquidator
j do SO. =
article 1.-THE manager shall keep a regu- =
IT set Of books exhibiting aud recording all a
f the affairs of the corporation, which books :
hall always be open TO the inspection of the
.ock holders at reasonable hours.
The manager shall make all necessary con-
to carry on the business affairs Of the
,rporation, provided, however, they be not
Iade in opposition to the wishes of the
stockholders, and against their advice and
rotest.
Done aud passed at Vile Plate, aforesaid
and parish on day, year and month first
1ove written In the presence of Octave Bail !.
) and Nathan Erich competent witnesses a
no signed with the appearers and me notary A
ter reading of the whole.
AMELIA CURRIE,
| authorize my wife to sign,
JNO. ID. CURRIE,
SAMiL. HAAS,
illnesses J. A. HAAS. -
O. BALLIo, -
ERICH
FRANK WHARTON,
Nnfary Puh1ie Al