The weekly messenger. [volume] (St. Martinsville [i.e. St. Martinville] La.) 1886-1948, 1897-12-18

and syrup. and in that connection and for the
purpose Of raising cane. to purchase or lease so-
gar plantations. And to buy and sell such msr-
chandises and other property as may be neces.
sary and convenient in the carrying on OF said
business and generally to do all things and
make all contracts that may be incident to or
convenient to the above objects and purposes.
Article Ill.
The capital stock Of this Corporation is here
BY fixed at Fifty thousand (S5O.0OO) represented
By Five hundred (5O0) shares OF one hundred
dollars (SlO0OO) each. payable ons half cash.
and the balance whenever called for by the
Board of Directors. The Company may COM
mence business AZ soon az one half Of the Capt.
tai Stock is paid in.
Articlefv.
The powers Of this Corporation are vested In
a Board Of Directors composed of three stock
holders, two of whom shall constitute quo
rum. The Directors shall be elected annually
ON the First Thursday of April, under such by
lsws as may be hereafter adopted BY said Cor
porstion. They shall elect from their members
President (vho shall b General Manager. ex-
oficio) A Vice President, q Secretary twho shall
also be Treasurer,) whose duties shall b pres
cribed by the bylaws. The Directors shall hold
Office until their successors are installed; Until
elected, the following named stockholders shall
constitute the Board Of Directors. to-wit;
President Robert Martin.
Vice-President: Alex. Mouton.
Secretary Treasury 8. v. Martin.
The Board OF Directors shall adopt all neces-
sary by laws for the management of this Corpo-
ration and shall have the power to amend this
same at pleasure. and shall appoint and remove
all employees and fix their compensation, and
shall fill any vavancy occurring among their
own members. All checks for money for labor.
material or otherwise shall be signed by the
President and General Manager, and shall spe-
city the reason thereof and all funds OF the
Corporation shall be kept in local Bank. or in
q Bank at New Orleans. Louisiana. except such
advances - may be made to the Corporation by
Commission Merchants and others.
Article v.
No stock holder shall ever be liable for the
contracts OF this Corporation in any further
sum than the unpaid balance due to the Com
many ON the Shares owned by him, nor shall any
| informally in the proceedings Of Organization
render any stockholder liable beyond said
amount. No stock of this Corporation shall be
transferred or sold before ii is offered to the
other stock holders present at regular Meet
ing, who shall have the refusal thereof. And
NO certificate of Stock shall be issued before II
il fully paid mp. and in default of payment on
| stocks a called for BY the Board Of Directors
the amount paid shall be forfeited to the Cor
poration.
Il Articia VI
This Charter may be amended or dissolved
with the ascent of three fourth Of the capita
stock represented ut q general Meeting of thu
stock holdere 10 Be specially convened ate
thirty days notice published at the Domicile o.
the Corporation. and by written notices mailet
to each stock holder. Upon dissolution OF Thu
CORPORATION by Limitation or otherwise. its sf
fairs shall be liquidated BY three commission
ers to Be elected by the stockholders who shsl
at the same time fix their compensation. Tn
Capital Stock Of this Corporation may be In
creased to One-hundred- Thousand Dollars 1900,
0Or) provided three fourth in amount Of tn
J stock holders agree thereto in writing at spe
cial meeting called for that purpose.
Thus done, passed and signed at. Martinvilie
. Louisiana. on the date written at the captio
hereof, in presence of Messrs w. A. Bienvsn
, and Charles Gutekunst. competent and lawful
, witnesses, Who have hereunto signed thei
names with tn Appearers and me, Notary. al
tor due reading of the whole.
r. MARTIN. 80 shares.
, ALEX. MOUTON. 168 shares.
!, S.v. MARTIN. per X. Martin. "a shares.
, Witnesses:
!. WA. BTENvENU,
Il CHAE. GUTEKUNSJ.
DAN. w. VOORHEES,, Notary Publi
State Of Louisiana. Parish OF st. Martin.
8 Having carefully examined the foregoing Cha
o tar Of Incorporation of the n. MARIIN 81
GAR COMPANY. Limited, and finding tn
: there is nothing therein contrary to the law. u
same is hereby approved.
nj ST. Martinville, La, this 18th day OF Noven
her. A, D., Eighteen hundred and ninety seven
JAMES SIMON,
. District Attorney Of the 18th Judicial District
Q Louisiana.