The Houma courier. (Houma, La.) 1878-1939, 1897-04-10
CHARTER.
STATE on LOUISfANA.

Before me-. AUBIN BoURG, Clerk Of the
18th Judicial District. Ex-OficiO Recorder
and Notary Public, duly qualified and sworn
IN and for the Parish of TerrebOnne, State
aforesaid. aud in the presence Of Wsssrs. e.
Ciarence WnrzlOw and Henry M Bourg,
lawful witnesses residing in said Parish
Personally came and appeared, ARTHUR
a. BONNILAIAN, residing ia the Parish Of
vt; MaEy. "a this State;
FELIX Al B0NVILLIAN, residing IN the
Parish q ferrehnnne, acting for himself and
g. the duly authorized agent and attorney in
tact 81 Mrs. fLAVIA B0NVILLIAN, wife
Of lswfnl age Of Joseph IL Duhart, Of the
Parish Uf Lafayette, under and by virtue Of
the annexed power Of attorney:
Itlss NARY ELMIltE BONVlLLAIN, Of
lawful age.
MARSf4ALJ j. BONNTLLAIN & ALNIpE
y. B~ANNlLLAIN, also residents Of said
Parish ct Yerlcbonne, who srverally declared
unto me-, said Clerk, that awaiting themselves
OF the provisions Of Act No. 36Of the General
Assembly 81 louisiana, approved on the 29th
gay Of Junes 1855, as well rs the Provisions Of
Section 683 Gf the Revised Statutes of the
State Of Loaiaiana. relative to the formation
ana organization Of corporations Tor works
Of public improvement and other W1rpOses,
they have contracted and agreed. and by
these presents de- contract and agree, and
bind and obligate themselves, as we'll as such
other persons as may hereafter become asso-
ciated with th, no, or their successors, to
form aud erect, ana do hereby form, erect
and constitute themselves into q body polite
and corporate in law, for the purposes and
objects, and under the conditions and stipu-
lnti0ns which follow to-wit.
ARTICLE J..
The name and style Of this corporation Is,
and shall be the Argyle Planting s. Manu-.
featuring Company, Limited, Of T~crrebOnne,
Louisiana. aud under that name and style
may acquire real and personal property BY
purchase, donation or otherwise may sell
mortgage, hypOtheca6e and pledge both real
and personal property; may accept and re-
lease mortgages, hypOthecations aud pledges (;
may sue and DO sned may plead and be
pleaded and stand in Judgment may make
and use a corporate seal with the name of
this corporation inscribed III the margin I;
may appoint such officers, agents aud mana
gers as may be deemed proper and necessary
and remove them at pleasure.
ARTICLE IL.
The object aud purpose for which this cor
pOratiOn is formed and established, and the
motive of the business to be by it carried on,
are hereby declared to be
1. To work, plant and cultivate the plan
tatiOns in said Parish Of Terrebonne now
belonging to said appearels, and those that
they may Hereafter acquire to erect, main
tain aud operate In said Parish of TerrebOnne
at such locality or localities as may be by
the Board of Directors determined and fixed,
a. hounetE 80u NeuBIHl nuEhI RhCLOtF OF
Factories with all the necessary buildings,
machinery equipments, appliances and APP
~pnrtenances for the refining Of syrups pro-
duced FROM sugar cane, and for the manu-
facture OF sugar cane aud other products into
sugar and nOlassss.
9 To build, maintain and operate lines
of Railway with the necessary locomotives,
cars, switches, stations, appliances and fix
tnSes for She transportation Of sugar cane
and other products to the Factory aud for
other pul poses as the corporation may deem
proper.
8, To build and construct. or cause to be
built and constructed, and To operate the
ssame on the inland waters Ot this state, such
steamboats, and barges fer the purposes of
the said Factory aud tor other purposes as.
this corporation may deem proper.
4. To htlid, maintliu and operate tele-
phone lines from the Factory, or fiOm any
other point Or points IN tho Parish of Terre
bonnie, to the City Of New Orleans Or
elsewhere.
8. To contract for, purchase and acquire
cane, syrMps, sugar, mOlasses, masse- cutie, or
amy other substance, product or material cOu-
tanning sacchaIine matter, for conversion into
sugur, in such quantities and at such price
~ said corporation may determine, and to
manufacture the same into sugar and molas-
SEES or orther products, and to sell the same
in such market, and ut such time and for
such price as the corporation may direct.
ARIICLE Ill.
The capital stock OF this corporation ia
hereby fixed at the sum Of Ninety Thousand
Dollars, which shall be divided iutO and
represented by six shares Of Fifteen Thousand
Dollars each. to be paid for in cash at the
time Of subscription.
The capital stock Of this corporation may
hereafter be increased to any sum not ex-
ceedhg One. Hundred nnd Fifty Thousand
Dollars. divided and represented bv shares
of kfgfaaN Tbntaau1 nollara each whaaAyar
such increase shall be authorized by the
majority of the stockholders and upon u due
compliance with all the required legal form
~alities said stock may be paid for in cash, or
may be Issued in payment Of property pur-
chased by this corporation, but no certificate
Of stock shall be issued to any subscriber
until fully paid for. I.
No subscriber or stakeholder shall be liable
for any Of the debts or liabilities of this cor
poratiOn over and above the amount Of his
subscription for stock held by him.
Every ~transfer of any share or shares of
the capital stock shall be made on the books
of the corporation, and shall be signed by the
stOckhOlder or his attorney but no stock
holder shall have the right TO transfer his
stock unless his indebtedness TO the corpora.
ton be paid or secured to the satisfaction of
the Board of Directors.
ARTICLE ~,
All the corporate power OF said corpora
ton and the management and control of its
business and affairs shall be vested in and
exercised by u Board of Directors TO be
composed of four stockholders, who shall
hold in their own name and right ut least one
share of the capital stock, and to be elected
by the e~tOckhOiders rs hereinafter provided !;
o majority of said Board Of Directors shall
form a quorum for the transaction Of business.
The directors shall he annually elected by
ballot by the Stockholders ut the Office of the
corporation N the first Monday Of March OF
each year, and each stockhOlder shall be-
entitled. IN person or by proxy, to one veto
on every share of stock owned by him, q
majority Of the whole stock Of the corpora
tion being required to vote at said election.
or otherwise it will be invalid,
The Directors thus elected shall continue
in office one year, and until their successors
are duly elected or appointed, aud no failure
to elect sllall be regarded as . forfeiture of
their charter.
At their first meeting after their election
the Board Of Directors shall elect from their
own number q President, q secretary and
Treasurer.
The President shall supervise the erection
and construction of the necessary buildings,
machinery, fixtures and appurtenances, hire
and discharge all employees aud agents, ex-
cept when otherwise provided by the Board
of Directors direct and control the working
Of the Factory and Railroads, and generally
to superVise and direct the business Of the
corporation to carry into effect all contracts
made 81 authorized By the Board OF Directors.
pho dnmtto;la ne fhSa eornorafinn ta harahr