The Banner-Democrat., 1898-05-21
CHARTER
OF
THE lLLAWARA COMPANY, tMTED,
UNITED STATES OF AMERICA.
STATE OF LOUISIANA.

STATE OF LOUISIANA. |
PARISH OF EAST CARROLL. J |
Be it known, That on this 18th day of
Nav. In the year of our Lord, One Thous- |
and, Eight Hundred and Ninety-Eight, be-
fore me- j. S. Guenard, Clerk tn District
G ourt and Ex offisio Notary Public. in and
for the parish of East Carroll. State of Lou
isiana, duly commissioned and qualified
and in the presence of the witnesses here
iaafter named and undersigned, personally
came and appeared the parties whose
names are hereunto subscribed, who sever
ally declared, That. availing themselves OF
the provisions of the State relative to the
of Corporations and more par
of Act No. 36 of the General
Assembly of the State of Louisiana, for th e
year eighteen hundred and eighty-eight,
they have covenanted and agreed, and do,
by these presents covenant, agree and bind
themselves together with such other rer
sons as may hereafter become associated
with them or their successors, to form and
constitute corporation or body polite in
law, for the objects and purposes and under
the agreements and stipulasions following,
to-wit:
ARTICLE 1.
NAME AND STYLE. The name and style
of this corporation shall be THE lila
WARA COMPANY, LIMITED, and
by that name il shall have power and au-
the full term and period OF Ninety-nine
years commencing on and to be computed
from aud after the date and day hereof.
ARTICLE II.
DoMIcILE. The domicile of this corpor-
alton shall be in the parish OF East Carroll.
State of Louisiana, and all citations and
other legal process shall be served on the
President. or in case Of his absence or in
ability to act, upon the secretary of the
corporation.
holders. and in general, shall be the ex-
eeutive officer of the corporation.
ARTICLE III.
OBJECTS AND PURPOSES. The objects
and purposes of this corporation as estab-
lished and the nature of the business to be
carried Oh by it are hereby declared to be
as follows:
To acquire. own, conduct and operate
general mercantile and planting business,
TO receive and forward frelghts. to operate
gins and warehouses, and to conduct such
other operations as may be considered
by the managers to be advisable, profitable
or eXpedient
ARTICLEIV.
This corporation may sue and be sued,
and in its corporate name. hold, have. re-
ceive, convey, sell, mortgage, pledge, lease
and sub-iease and enjoy real and personal
property; borrow and lend money and
make contracts make and use corporate
seal ..and the same to break or alter at pleas
ure name and appoint managers. directors.
officers clerks and agents as the interest
and convenience of said corporation may
require make and establish such bylaws,
rules and regulations for the proper man.
agement aud regulations of the affairs oil
said corporation as may be necessary and
proper, and the same to alter or change al
pleasure ; and in general, shall possess all
the rights, powers and privileges to which
such corporations are or may be by law oi
Louisiana entitled or authorized to possess
ARTICLE V.
The capital stock of this corporation il
hereby fixed at Fifteen Thousand $4,000
| Dollars, divided into ald represented by
one hundred and fifty Q50) shares at one
hundred (Sl00) dollars each. The stocl
can only be issued for cash actually re
ceived by the corporation or for property
actually purchased by the corporation.
| All stock transfers must be made on tht
! books of the company. All stock issued
must bear the seal of the company and th'
signature of the President and Secretary
The company shall he autorized to com
mence business upon the recording OF thl
act of Incorporation
At all elections by or meetings of th'
| stockholders each share of stock shall b
entitled TO one vote to be voted either b,
the person in whose name the stock ap
pears on the books Of the corporation at tn
time of voting, or by party duly authorized
! in writing to that effect.
ARTICLE VI.
The business and affairs and coporat
powers of this corporation are to be trans
acted by board of three directors 10 h
composed Of stockholders thereof, to b
elected by major tysof all votes cast Il
meetings TO be held for that purpose.
Robert Nicholson, Charles Langham an
AK. Amacker shall constitute the frs
board Of directors, and they shall hold tbei
offices until their successors are electe
and qualified. Each subsequent boar
shall take their seats on the Tuesday TO
lowing their election. On the first Tue:
day iu May, 1900. and annually thereafter
an election for directors by the stockholt
ers shall be held at the Office of the con
pany after ten days notice thereof sha
have been given by publication in
newspaper in the parish Of East Lal
roll. Each board of directors shsl
at the first meeting after it's ele'
ton, or as soon thereafter as practicable
elect from it's number, President, vic
President, Secretary and Treasurer and
General Manager. The offices OF Secretar
and Treasurer may be filled by one and til
fill another Office in the company.
The general manager shall have sue
powers and duties as may be designated b
the board of directors oftbe company.
Failure to elect directors on the dat
above mentioned shall not work dissolt
tion of the corporation, but an electio
shall be held after five days notice q
above set forth and until such time as a
election does occur. the old officers sha
contlne in the exercise of their functions
Any vacancy occurring in said board {
directors from any cause shall be filled b
the remaining directors. A majority {
said board of directors shall constitute
quorum for the transaction and manage
ment of all business OF said company. The
, may make bylaws and regulations an
change and alter the same at pleasure; al
point and fix salaries of all clerks, officer
agents and employees, and the same
change or dismiss at pleasure sell, conve.
mortgage, pledge. lease and purchase pro-
/, erty, movable, unmovable, real and persol
al, borrow and lend money. issue notes an
bonds. make contracts and sign or cause
be signed all necessary acts, deeds, etc
: and in the name of the corporation do a
that may be necessary to be done in I'll
management of said business or may |
, permitted by the laws applicable to corpor
tions.
ARTICLE VII.
This act ofincorporatIon may be change
modified or altered. or said corporation ms
be dissolved with the concent of two-thir,
of the capital stock present or represented