The Banner-Democrat. [volume] (Lake Providence, East Carroll Parish, La.) 1892-current, 1898-07-30
CHARTER
OF TIE
PROVIDENCE GIN AND IMPROVE
MENT COMPANY, LIMITED.
State of Louisiana. parish Of East Carroll.

WkUb VOmu Obbuy -
State Of Louisiana, parish Of East Carroll.
BE known. that on this Goth day of tho
month Of June. in the year OF our Lord. One
Thousand Eight Hundred and Ninety.
Eight. before me. w. II. Montgomery. 8
Notary Public in and for the parish of East
stoned and qualified. and In the presence o
the witnesses hereinafter named and under
signed. personally came and appeared the
parties whose names are bereuDto sub.
scribed, all of full age. who declared thai
ayailiDg themselves of the provisions oftht
laws of this State relative to corporations
and especially OF Act No. SO of 1883 of the
General Assembly of Louisiana, they have
covenanted and agreed and by these pres
ents conyenant and agree and bind them
selves as we'll as such other persons as may
hereafter become associated with them- &c
form and constitute corporation and body
polite in law for the purposes and objects
and under the stipulations, articles and
conditions following. to-wit:
ARTICLEI.
The name and stille of the said corpora
ton shall be THE PROVIDENCE GIN
AND IMPROVEMENT COMPANY,
LIMITED, and its domicil is hereby
established in the city OF Providence. parish
of East Carroll. State of Louisiana, and un.
der It's said corporate name said corpora
tion shall have power and authority 10 con-
tract. sue aud be sued; to make and use a
corporate seal and the same TO break and
alter at pleasure; to bold. receive. have.
purchase, improve. nleniate. convey, sell.
borrow. pledge. mortgage and hypothecate,
under its said corporate name. property.
real. personal and mixed; TO name and APP
point such officers, directors. agents and
managers, or employees as the interest or
convenience of said corporation may re-
quire; to make and establish bylaws. rules
and regulations for the proper management
and regulation of its affairs, as may De
deemed necessary and proper, and the same
to change and alter at pleasure; and to do
all other acts and things permitted by law.
or as shall or may be necessary and proper
to carry out the objects and purposes of
said corporation.
Said corporation, unless sooner dissolved.
I'm accordance with its charter. shall exist
and continue for the period of ninety-nine
years from and after the date hereof.
ARTICLE IL.
The objects aud purposes for which this
corporation is organized, and the nature OF
the business to be carried Oh by it, are
declared to be the following, to-wit:
The operation of cotton gins. cotton CON-
presses, cotton seed oil mills and grist mills;
also the lease or purchase OF lands. build
ings. machinery and such other things as
may be necessary for same; also the cree
ton Of buildings and the setting up and
eouipping of all machinery and other things
necessary for same; also whatever may be
usual. necessary and convenient in conduct
ing said business,
ARTJCIEIJ
Inc capitai STOCK OF Inc saiu CORPORATION
shall be One Hundred Ihousand Doiiars.
GNlued into anu represented 10y iwo
fnousanu cnares OF tne sum o. rIty Doi-
Jars eacn VI "nicn saiu stoch ~ pei Sen ~.
Vwen.!-nNs per centuh,l suait oe p~iu ioI
III ca:n ~ Tug tIue VI euueS.IP.ion ahu 'ue
Sea;"..".o. rs IL ,.nnrd nf d;ran,ors ~ H.
aesighateo of tne poaIo o. uirectols' VI tne
saIle na! pe issusu y. nor iess lnhn par III
p aye"s y. ~. ira ~ pp, ~,
said corroration ~ the same nav he issued
otner Saiuapie Sohsiueratsoh: OF services
as the Doara OIL directors OF saiu corporatlon
may deternhae, pIo.iaeu, tnaI no stock
shall De fssaed until the consideration
thefeioI' has oeeh receNeo U! tue sa'o COT
po!auoh.
any stocknoners may sen, assign, %
transfer nIs stOch IN luis coIPoialion. Pi1
intention 10 sell, assign or transfer tne
same De gwen Tue company. anu inc oinei
stochnoluefs tneLeoa sua,l nase .ne nis !,
privuege Oh purchasing ss"ei ai.ei wnic.
my wv va. uo.e. '"o 0"i" o'o'" "'"'
be soid IN open market.
me stoek VI saiu IoIpora.i1H ma! ps
transieIreu unofr lhs hpose conuil,ohs pro
ylueu sueh .'ans.eI ineieoi oe Issoe on .nt
DOCKS ., saia con,pans q. ..s o,nIe ~ . .i't
city OF PROVIDENCE. anu OH SURRENDER Oh Tue
cer,lhcate tnereior.
NO .rausier OF any irac''ohai part oi
snare SUN pe i.iaue'
TINS corporation snaii commence oolhe
business us soon as nve inousahd uoiiafs o
the capftai stock shaif nave oeeh suoscftoeo
iof anu TWENTY-FIVE per eehtahf paid thefe
Oh.
ine poaIu VI uIiecioIs snaiI nhse we uisn
10 determine now much s'ocA shaii u
issued
ARTICLE ~.