The Houma courier. (Houma, La.) 1878-1939, 1897-03-27

slATE OF B0LISIAN

tAeo tkANAJ ~ tle mouth ut ahrNf1fFs AZ
the year Of Oar Lord One Thnpaand Es4ht
Hundred and Ninety-seven
Before me. AUBlM BQuRG. CLARK af tia
18TH judicial District, Eg-OniciA Recorder
aud Notary Public, duly qualified AVID au1rn
IN and for the Parish Of Terrahonns. slafi
atOresaid, and IN the presence ~ Measfd. q.
Clarence Wursluw ana 7ltnrf III. RSIer,
lawful witnesses residing ID said Parish
Personally came and appeared. ARTHUR
A. BuNNILSIAN, residing Ia che Parrish Of
st. Mary, Ia this State.
FELIX A BONFkLLlAE. residing IA the
Parish Of TeFrobOnne. acting for himself and
as the duly authufiEe1 agent and a3tnrmsg IL
tnes u Mira. fLAVlA BONVILLaAN, lie
pI awful hge Of JOeoiih IL Duhart, Of fho
Parish Of L~afayetto, under and hy virtue IF
the annrxed power uf a~ttOrusg
illss NARY ELMlRE BONylhLAIN, Of
AARsiIAL j. BUNNILLAIN 4 ALs,TDE
y B1NNlLLAlN, also residents Of said
Parish Of Terrebouhe, wh0 severally DECLARED
u.tO me, said Clerk, that a~vniline themselves
q the provisions Of Act No. 36 Of the Gensral
assembly of Louisiana, approved ON the 18th
day of June, 1883, as well as the Provisions Of
sectiOn 6S3 of the Revised Statutes Uf the
state Of Louisiana. relative to tile formation
and organization Of corporations tor wOrkB
~ pRbhc improvements aud other purposes.
they have contracted and agreed. and by
These presents de contract and agree, and
bind and ObligAte themselves, as we'll is such
other persons us may hereafter become assn
ciated with til IN, or their smccessOrs, 70
torm and erect, And do hereby f0ran, erect
aud constitute themselves into . body p5IiEie
and corporate in law, for the pnFposes and
objects, and under the conditions and stipu-
latiOn which Follow tO-wit;
ARTICLE l..
The name and style Of this corporation Ia,
and shall be the Argyle Planting s. Manu-
-..s Ht..Nt.1N..F fN.-,-1.-...
Louisiana" aud under that name and style
may acquire real and personal property by
purchase, donation or otherwise; may sell
mortgage, h~ypOthecate and pledge both real
and personal property may accept and re-
lense mortgages, hypOthecatiOns and pledges I;
may sue and be sued may plead and be-
pleaded and stand IN judgment snay make
and use q corporate seal with the name of
this corporation inscribed III the margin I;
may appoint such officers, agents and mana-
gers us may bs deemed proper and necessary
and remove them at pleasure.
ARTICLE ii.
The object and purpose for which this cor
pOrati0n Is formed and established, and the
mUti\ q Of the business to DO ly 1t carried OH,
are hereby declared to be- /:
/. To work, plant and cultivate the plan
tnEiOns in said Parish of 1crrebOnne now
belonging to said appearcrs, aud those that
they may hereafter acquire /; to erect, main,
Bi4Iu AuN ODCIH4UC lA 8ulA \ III " ACEAEVUuHb
at such locality or localities as may be by
the Board Of Directors determined aud fixed,
a Refinery and Central sugar Factory or
Factories with all the necessary buildings,
machinery equipments. appliances aud Hp.
purtenRncea for the refining OF syrnps pro-
duced from sugar cane, and Tor the manu-
facture of sugar cane and other products into
sugar aud mOlasses.
2. 10 build, maintain and operate lines
Of Railway with the necessary locomotives,
cars, switches, stations, appliances aud hx-
turrs for She transportation OF sugar cHllo
and other products to the Factory aud for
other puI poses ds the compensation may deem
proper,
. 10 build aud construct, or cause to be
built and constructed, aud 10 Operate the
snIme ON the inland y Hters of this state, such
steamboats, and bargeS for tlS purposes ef.
the said Factory HUd tor other purposes ~
this corporation may deem proper.
4. To build, maintaih and operate teles
phone lines from the Factory, or from amy
other point or points IN the Parrish Of ferfe
bonnie, to tito City Of New OrleAns ur
s,
b. To contract for, purchase and acquire
cane. syrups, sugar, mOliLrNes, ulusBe-cmtt9, "a
any other Substances, product or maIeFiaI con-
tanning sacelATire matter, for cOnverbiOl into
sugur, In such quantities and vt such tfict
~ Raid sOFlhlratiUu may determine. stud a.
manufacture che satne into sugar and lnOlikss
Ees or Orther pGOducts, aud to sell the sunny
ia Anch market, aGd Vt such thno and for
such prize as the eUsporgtiuY may direct.
AR1l0LEsIlt.
The capital stuck Of this col EOratiOn Is
hereby liked at the sun OF Ninety ThUasbn,I
Dollars, which shall be divided into aud
represented by six shares of Filtean Thousand
Dollars each. to he paid for in cash vt the
time VI subscription.
The capital stock of this corporation may
ha,~nS fkaW La iR,nF.ahaof IA ~, 4, a,sas Hr...A
ceedIbg One Hundred aud fifty ThOnaand
Dollars, divided and represented by shares
Of Fiftesli Thousand Dollars each. whenAver'
such increase shall he nuth0rized by tlIa
majority of the stockholders aud upon . DUE
compliance with ai this required legal fornI.
alities said stock may be pnid for in cash, or
y q be issued III payment Of property pur.
chased by this corporation, but no certificate
Of stock shall be issued TO any subscriber
until fully paid for.
No subscriber or STOCKHOLDERS shallbe liable
for any Of the debts or liabilities OF this COR
pOratiOn over and shove the amount Of his
subscription for stock held by hiM.
Every transfer Of any share or shares of
the capital stock shall be nsade on the books
Of che corporation, aud shall he signed by the
stakeholder or his attorney bat no stock
holder shall have tho right TO transfer bis
stock unless his indebtedness TO tho corpora
tiOn be paid or seCurrd to the satisfaction vi
- DoNea u OAANDtDk1s
ARTICLE Nv.
All the corporate powers Of RAid corpora
ton and the management and c0ntrOI ii its
business aud affairs shall be vested In and
by n Board Of Directors to be-
composed of fOur stockholders, who shalt
hold in their wi name and right at least 0na
share of the capital stock, q to be elected
by the stockholders ~ hereinafter provided :
y majority Of said Board Of Directors shall
form q quorum for the transaction Of business,
The Directors sha II lie annually elected by
ballot by the Stockholders at the office Of the
corporation on the first Monday Of Marsh oil
each year, and each s~t0Okhylder shall lie
entitled, in person or by proxy, to ono vote
on oevery share Of stock owned By him. =
majority Of the whole stock Of the corpora
ton being required TO vote at said election.
81 otherwise 1t will be invalid,
The Directors thus elecJed shall continue
in Office one year, and until their succoas0ra
are duly elected or appointed, and no failure
to elect shall DO regarded as y forfeiture Of
their charter.
At their first meeting after their election
the Board Of Directors sh all elect from their
number a Presidelt, . secretary aud
Treasurer.
The President sball supervise the erection
and construction of the necessary buildings,
machinery, fixtures and ap-purtenancea, hire
and discharge all employees aud agents, *.
cept when otherwise provided by the Board
of Directors direct aud control the working
of the Factory aud Railroads, and generally
TO superviss and direct the business Of tie
corporation ; to carry into effect all CONTRACTS
madeaOr authorized BY the Board Of Directors.