The Colfax chronicle. [volume] (Colfax, Grant Parish, La.) 1877-1981, 1892-08-27
CHARTER.
NUGENT, HARDTNER 4 COMPANY,
LIMITED.

STATE OF LOUISIANA, !
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 and appeared Earnest j. Hartltner
and Henry T.. Hardtner, residents If Ra-
pides parish, State of Louisiana, and j.
Monroe Nugeut, resident of Grant par
ish. State Of Louisiana, who declared I'M
to me Notary that, awaiting themselves of
the provision of Act number IS of the
General Assembly of the State of Louisi-
ana, approved June %, 1854. as we'll as
the gene raj 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. tO-wit:
ARTICLE /.
The name and title of the said corpora
ton shall be. NUGENr, HARDrNER AND
COMPANY, LIMITED, and by that name it
shall continue and enjoy succession for O
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 aud lease real estate and
personal property, to sell and hypothe-
cate the same. to name and appoint d.
rectors, officials and managers aud agents,
and to make ana 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 Nugent, 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 the President, Vice President,
or on the Secretary of the corporation.
ARTICLE III.
The objects and purposes of this corpor-
alton shall be that of conducting a gem
eral Merchandise and Saw Milling and
Planning business at Nugent Station, in the
Pa. ish Of Grant, State of Louisiana.
ARTICLE w.
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 Dollars-
The capital stock is subscribed to and
has been paid mp 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.
and Five Hundred Dollars of merchan-
disc; and Henry L Hardtner has subscrib-
ed to 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 he
vested in Board of Three Directors, two
Of whom shall form a quorum. The first
Board of Directors are, Earnest J. Hardt-
ner, President, J. Monroe Nugent, Vice.
President. and Henry +. Hardtner, Secre-
tary, and they shsll hold Office until the
first Monday in March, 1893, or until their
sncce ssors 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
the condition of the business. it's assets
and liabilities
-. ARTICLE vi.
No shares of stock shall be 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 fanlts 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
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 to all of them. and, in the event
of disagreement. by an umpire or commits
sioneI 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
same, and in the presence of these wit
nesses. Il, J. HARDTNER,
HENRY e. HARDTNER,
j. NJ. NUGENT.