The Louisiana populist., 1894-11-02
CHARTER.
STATE OF LOUISIANA,
PARISH OF NArCHIrOCHEs.

this the 26th day of September, 1894,
before me Charles H. Levy, a Notary
Public in and for the parish of Natchi-
tOches. duly commissioned and qualified,
personally came and appeared the un-
dersigned persons who in presence of
the attending witnesses declared that
availing themselves of the provisions OF
Act No. SO of the Legislature of this
State, approved June Goth. 1893, and
those of the general laws Of this State
relative to the organization OF corpora
tiOns, they have formed and organized
themselves and those they represent into
corporation for the objects and pur-
poses herein set forth, which they ac.
cept as their charter.
ARTICLE J.
The name and style of this corpora
ton shall be the NATCHITOCHES
PUBLISHING COMPANY. (LIMITED. J
and by that name It shall have power
and authority to exist and enjoy sue
cession for the period of ninety-nine
years, commencing at this day and date.
ARTICLE II.
The domicile of this corporation shall
be the city of Natchitoches, in the par
ish of Natchitoches, State Of Louisiana,
where all legal process shall be served
! upon the president of this corporation.
or in his absence, the secretary or busi-
ness manager.
ARTICLE III.
The purposes of this corporation is
to do general job printing, publish a
newspaper, and to do general publish
ing business.
ARTICLE Nv.
This corporation shall have power and
privileges tO-wit Il shall be capab. IN
law to purchase and receive, hOlG and
enjoy lands. houses, and property o. any
kind whatever it shall have tie right
to sell sale property: sue and 5e sued,
plead and be implicated CO tract and
be contracted with; to borrow money.
and FOL tha.. purpose, to mo Igage and
hypothecate real estate, and to estab-
lish by laws Tor the government of this
corporation.
ARTICLE V.
! The capital stock of this cc.pnrat ON
! is hereby fixed at Five Thousant Dol
1 lars, divided into Two HunGre, shares
of TWENTY-FIVE dollars each with ,iber-
ty to commence business when the sub-
1 "
Hundred Dollars. No stocknolder shall
the contracts Of this corporation. Ii any
further sum than tie unpaid 5a ajce due
to the corporation on the shares ~ stock
held by him.
ARTICLE vi.
No one person shall hold more THAI
twenty shares o. stock, and each share
shall be enGi-leo 10 one vote.
ARTICLE VII.
At least fifyv per cent of all sub 'cr' D.
ed stock shar 3e paid II cash and the
balance to be secrred by personal note
OF the share no-der, payable .welye
months after date, unless the pecessi-
ties O. this cOrportiOr should require
earlier payment, and in no case can a
stockhol6e.. oe called upon to paw in
more than .Se1ty-five per cent o. IS
origina- stock a. ary one Jlme. an on
ly then a'e- tveosy days notice. &; ven
in some pa g published IN Natcnito-
ches parish, louisiana.
ARTICLE VIII
All corporate powers OF this CORPORA
ton shsr. ce vessed in and exercised by
a Board o, five Directors, three OF whom
shall cons. .cte quorum 'or he ans
action o brsiness. Sam'l. j. Henry. Ma
rion F. Machen, William H. Areaux
William Fl. Latham and Hardy l.. Erian
shall constitute the first board of direc
tors, who shall hold then offices untii
The 26rh day Of September, 1895, apc
unri, thsir successors in Office are dui,
e'ected The board OF directors shall
je elected Or the 26th Cay o. September
IN each year by the s,Ocl holders who
may vote ei.,.e d person or by proxy
saio board 20 Ee cnosep from among the
stockholders, ant tn cod ,heii Office
until their SUCCESSORS are duly elected
by a majority @ she votes cast a va
csrcv irem az cause shall be filed by
the remaining direcsors from amo. /;
the stockholders. Tie board of direc;-
ors shall meet on the cay Of their cleo
uion, or as soon thereafter as practical,
and elect OF their rumber a president
and secretary. a,s employ from among
the stockholders a edisor and general
BUSINESS manaes Of the publishing bus
mess, and such other employees as may
be necessary, e1o fix their remunera-
tion; they SHE : have power % alter or
amend al bylaws, rules an,i reguia-
tons requisite for the management o;
the business Of the corporation.
ARTICLE TX.
. Al profits Of this corporation shall be
applied first to the payment OF opera
ting expenses, the remaining profits to
he 6ec,areo q div.oeLd to the stock
iv,oers.
ARTICLE x.
This act Of Incorporation may be
charged or amended or such corpora
tion NAV be oiseo-ve, wiSn Ghe consent
Of three-fouTths Of the stockholders
present at sny genera meeting of the
stock holders convened Co. such purpose
after thirty Gays nos;ce in any paper
PUB -ished in Natchisoches parish.
ARTICLE XII.
Whe lever tbs corporation may be
dissolved either by :D'asion O, i.s
charter or otherwise lis sSs--s shal. be
,iquidated by The taree exist ng board of
directors.