The weekly messenger. [volume] (St. Martinsville [i.e. St. Martinville] La.) 1886-1948, 1897-12-11

and syrup, and in that connection and for the
purpose of raising cane. to purchase or lease SUI
gar plantations. And to buy and sell such mef-
chandises and other property ms may be neces-
sary and convenient in the carrying on OF said
business and generally to do all things and
make all contracts that mag be incident TO or
convenient TO the above objects and purposes.
Article Ill.
, The capital stock of this Corporation 10 here
by fixed at Fifty Thousand tS5O.OOO represented
~ Five hundred (JtO) shares of one hundred
dollars (SlD0.O0) each. pay able one half cash.
and the balance whenever called for by the
Board Of Drec! ors. The Company may COM
mence businsss rs soon as one half Of the Cspii
tai Stock is paid in.
ArticleIV:
The powers Of this CORPORATION ERE vestsd Ia
a Board Of Directors composed Of three stock
holders, two of whom shall constitute a quo-
rum. The Directors shall be eleetkd annually
on the First Thursday of April, under such by
laws RS may be hereafter adopted by slid Cor
poration. They shall elect from theft members
a President who shall be General Mshager; eai
officio) A Vice President. Secretary WHO shall
also be a Treasutsr,) whose duties shall be pres;
cribed by the bylaws. The Directors shall hold
elected. the following narred stockholders shall
constitute the Board of Directors. to-~it:
President: Robert Martin.
Vice-President: Alex. Mbutbn.
Secretary Treasury. \. " Martin:
The Board of Directors shall adopt al needs:
sary by Laws for the management of this Corpo-
ration and shall have the iower to affiehd the
same at pleasure. and shall appoint and remove
all employees and fix their compensation, and
shall fill any vavancy Occurring among tkeii
own rsembers. All checks for money for labor,
material or otherwise shall be signed by tht
President and General Manager. and <hall spel
city tht reason thereof: anH all ftir1s Of the
Corporation shall be kept in local Bank. o, IN
Bank at New Orleans, Louisiana, except stef
advances as may be made to the CORPORATION "
Commission Merchants anti others,
Article V.
No stock holder shall ever be liable f6t ths
contracts of this Corporation in any further
sum than the unpaid balance due TO the Com
pany on the Shares owned by him, NOR shall an,
informally in the proceedings of Organisstiot
render any stakeholder liable beyond sale
amount. No stock of this Corporation shall be
transferred or sold before it is offered to tn,
other stock holders present at regslaf Meet
ing, who shall have the refusal thefStf. AnC
no certificate of Stock shall be- issued before i
is fully paid up, and in default of payment OIL
stocks as called for by the Board of Directors
the amount paid stall be forfeited to tkS Cor
poration.
Article vi:
This Charter my DO amended or diss61tet
with the assent Of three fourth of the capita
stock represented Mt a general Meeting Of Tn
stock holdere to be specially Convened afte
thirty days notice published at the Domicils o
the Corporation. and by written notices MALE.
to each stock holder; Upon dissolution Of thi
Corporation by Limitation or otherwise, its al
fairs shall be liquidated by three cbhmission
ers to be elected by the stockholders who shall
at the same time fix their compensation. tn
Capital Stock of this Corporation may be In
creased to One-hundred-t Thousand Dollars 1900
OOc) provided three fourth iii amount Of til
stock holders agree thereto in writing ut q spe
Sial meeting called for that purpose.
Thus done, passed and signed at. Martfnvillt
Louisiana: on the date written at the captio
hereof, in presence Of Messfs W. A. Bienven
ana Charles Gutckunst. competent and Lawful
witnesses, who have besennto signyd thei
names with tn Appearers and me. Notary, a
ter due reading Of the whole.
Il. MARTIN, 80 shares.
ALEX. MOUTON. 166 shares.
s.V. MARTIN. per X. Martin; n shares.
| Witnesses: