The Colfax chronicle. [volume] (Colfax, Grant Parish, La.) 1877-1981, 1892-09-03
CHARTER.
NUGENT, HARDTNER l. COMPANY,
LIMITED.

LIMITED.
STATE OF LOUISIANA, !
Parish of kapidea
Be it known, That on this. the Invent,
Fifth Day Of July, Ammo Domini Eighteen
Hundred and Ninety Two, before me,
Louis v. Marye. Notary Public in and
for the Parish and State aforesaid, duly
commissioned aud qualified, personally
camc aud appeared Earnest J. Hardtner
and Henry Z. Har,itner, residents of Ra-
pides parish, State of Louisiana, and j.
Monroe Nugent, resident of Grant par
ish. State Of Louisiana, who declared un-
to me Notary that, awaiting themselves Of
the provision of Act number 36 of the
General Assembly of the State of Louisi-
ana, approved juno 90, 1854. a. well as
the gene raj laws of this State, relative to
the organization of corporations, they
have formed themselves, and do by these
Corporation, for the objects and purposes
forth, as follows. to-wit:
ARTICLE /.
The name and title Of the ssid cofpora-
ton shall be. NCGENr, HARD7xkx AND
COMPANY, LIMITED, and by that name it
shall continue aud enjoy succession for .
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 and nse corporate seal, to
hold, purchase and lease real estate and
personal property, to sell and hypOthe-
cate the same. to name and appoint di-
rectors. officials and managers and agents,
and to make and establish bylaws, rules
and regulations for the management of it's
affairs. as may be requisite aud necessary.
ARTICLE II.
The domicil of said corporation shall be
the town Of Nugent, on the Honston, 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 the President. Vice President,
or on the Secretary Of the corporation.
ARTICIE III.
The objects aud purposes of this corpor-
alton shall be that of conducting q gen.
ernl 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 ut Six Thousand Dollars, divided in
to Sixty Shares Of One Hundred Dollars
each, aud the said corporation shall have
the right to increase it's capital stock not
to exceed Twenty Thousand Dollars
The capital stock 10 subscribed to and
has heen 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 .Hartlt-
ner has subscribed 70 twenty shares, which
have been paid up by him in machinery
to the value of Fifteen Hundred Dollars,
and Five Hundred Dollars of merchan-
disc; and Henry e. Hardtnor has subscrib-
ed to and paid in Ten Shares. which have
been paid by his furnishing merchandise
to the value Of One Thousand Dollars.
ARTICI.Ev.
All powers of this corporation shall he
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 z. Hardtnor. Socre-
tary, and they shall 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 ut the annual meetings
Of each year statements shall be made Of
tho condition of the business. ito assets
aud liabilities.
{, ARTICLE vi.
!. No shares Of stock shall be transferred
unless they be FIRST offered to the carp0a-
ton, and then only after giving six months
previous notice to the other share holders;
and no shared holder shall be held liable
for any contracts or faults of said corpOr-
alton in any further sum than the amount
Of their respective shares of stock.
ARTICLE VII.
This charter may be modified or amend
I'd, or the said corporation may be dis
solved by the consent Of all the share
holders, and when dissolved it's affairs may
be wound up by the parties hereto, if sat-
isfactOSy " all Of them. and, in the event
Of disagreement. by an umpire or commits
sioncr selected for that purpose.
Thus done and signed at my Office in the
city of Alexandria. ON the day and date
first above written, and after reading the
ssme, and in the presence Of these Wit
nosses. f, J. HARDTNER,
HENRY Il. HARDTNER,
IN. NUGENT.
Witnesses:
A. ALBERT,
L. v. MARYE, in.
L. v. MARYE,
( sEALf Notary Public.