The Opelousas courier. [volume] (Opelousas, La.) 1852-1910, 1899-05-27
JUDICIAL ADVERTISED
OH
OF
THE BOAGNI COMPANY, LIMITED.

| iMfed Stotrs Of Amcrica, state Of LOniSjdn0
Parish Of 81. L0ndry, Torn of Opclo"sas.
BE 1T KNOWN. That on this sixth day Of May
III the year 1899 before me, Alfred Pavy, Il no
| tary public in and for the Parish OF St Landry
State OF Louisiana, duly commissioned, quail
flied and acting and in the presence of the wit.
| ncsses hereinafter named and undersigned
personally came and appeared the persons
whose names are hereunto subscribed, who sev-
eraly declared that avaling themselves OF
the provisions of the act of the Legislature OF
this State known asiAct No. 36 of the session of
1888. approved June 9th, 1888, as well those
OF the general laws of the State relative to the
organization of corporations, they have formed
ana organized, and by these presents. do form
themselves and those whom they represent and
their successors, into and constitute IL corpora
tion tor the olJt cts and purposes and under
the StipnlatiOnS and conditions hereinafter st /
forth, which they adopt as their charter, to-
wit:
ARTICLE L.
The name and title of this corporation shall
be THE BOAGNI Co LTD" IL shall have
its domicile in the Town of Opelousas, Parish
of st. Landry, State of Louisiana, where all ci-
tatlons ana other legal process may he served
on the President of the Company, or in his ab-
sence, on the Vice President thereof
ARTICLE H.
The objects and purposes of this corporation
are hereby declared to be to develop lands and
to liqnidate and settle the remaining property
movable and immovablc notes, mort cages,
the heirs of DR.. Vincent Boagni as Joint own
ers, they having accepted the succession sim
ply and Internationally, and having been reg
ularly and legally put in possession of the
effects thereof under an order of Court as
shown by Judgment No. 5551, in the 11th Judi
clal District Court in and for the Parish of st.
Landry, La, owning the same Jointly and in
lndIVlsion, and having partitloned among
themselves amlcably and i'll kind the property
and effects of said succession, except the resi-
due thereof still held in indivsion, they agree
fn finn dow ,nfl
and accelerate the liquidation, partition and
final settlement of the matters and property in
which they thus hold all interest i'll common.
ARTICLE III.
1t shall have power to sue and be sued and to
make and use a cOpOrate seal and change the
same at pleasure, to hold, lease and sell prop
erty, real and personal, necessary and proper
for their business.
1t shall have power to collect debts, secure
claims, have notes acknowledged, or institute
suits to interrupt prescription and other pur-
poses to pay taxes, redeem property sold for
taxes or buy in any property sold for taxes,
receive payment and satisfaction OF claims in
money or i'll property, accept Ietrocessions,
take mortgages, receive personal or collateral
securities, receive payment in full or in part,
obtain Judgments, pay any and all debts and
the necessary current expenses of this corpo-
ration. deposit moneys in bank declare divi-
dends and pay TO each stockholder his pro rata
share i'll monies realized by the corporation on
the property or other assets of the same. They
shall also have power, with the unanimous
consent of the Board of Directors. to contract
debts, recognize or acknowledge obligations
pay same or divide the money or assets of the
corporation equally among the stockholders.
ARTICLE ".
The capital stock of ti,is corporation is fixed
at the sum Of Nine Thousand 10000 Dollars rep
resented by ninety shares of one hundred QOO)
Dollars each payable by transferring, cedlng
ana conveying to said corporation the utter
est OF caid stOckhOlder in said residue of said
succession, it being well understood that the
in this corporation are to be the
nine heirs of DR.. Vincent Boagni.
The joint stock shall consist of all the
residue OF the succession OF Dr.. Vincent BOagni
not included In divisions Nos. one, two and
three.
No stOckholder of this corporation shall be
allowed to sell lis share of stock without first
offering the same to the stockholders of this
Company, through its Secretary, which offer
shall remain open for three days, and should
said stock be accepted, it shall be taken by and
for the said corporation and Immediately can
said corporation.
All stock shall be transferred on the books of
the Company by the stockholder or his or her
duly authorized agent or attorney in fact
No transfer of stock shall be recognized as
valid and complete until the transfer is so
made on the books of this corporation.
ARTICLE V.
All stock i'll this corporation which NAV be
held or owned by female who is married,
shall be represented. controlled and managed
by her husband or by any proxy or agent she
or husband may select, and any stock
owend by Il female who is not married shall be
controlled and managed by her
self personally or by any proxy or agent she may
select, and all such husbands, proxies or
agents shall he allowed to exercise all the
rights. privileges and prerogatves as could be
exercised by linn were he personally the owner
of tho stock, and to vote the stock he SO repre-
sents or hold any Office in this corporation
ARTICLE vi.
All the corporate powers of this corporation
shall be vested in and exercised by a Board of
nine Directors composed of stockholders of this
or representatives OF holders of
stock OF this corporation, five of whom shall
a quorum for the transaction of
tracted without the unanimous consent of
the nine members of the Board of Directors.
except for current expenses to carry out the
purposes of this corporation and Il bare quorum
shall be sufficient to do all conservatory acts
and incur such current expenses as they may
think nece ssary or expedient in the protection
Of the interests of this corporation, or in car
rying cut it's objects and purposes, or they may
delegate their authority to ethe President, and
in bis absence. to the Vice-President, to do all
such acts as they themselves might do.
The President, or i'll his absence. the Vice
President. shall he the executive officer of this
and preside at all the meetings of
the Board of Directors, and he may in his dis
cratiOn call special meetings OF the directors or
of this corporation to consult to-
gether upon any matter appertaining to the i'll
terests Of the corporation.
ARTICLE VII.
No one shall be q member of the Board of
Directors who does not own or represent 10
shares of the capital stock of this corporation.
The first Board of Directors shall be Vincent
W. Boagn, L. NJ. Boagni Jos. NJ Boagni. DIR.
c. F. Boagni, J. p. Boagni, G. H. Comean,
Allen A. Anding, j. j. Thompson and NJ. G.
MOseley.
The officers of this corporation shall be Vim
cent ". Boagni. President; Edward NJ. Boagni,
nnd SO
said Board OF officers shall remain in office un-
til the first Monday in May, 1900 or until their
shall have been duly elected and
qualified. On the first Monday of May. 1900 and
annually for three years thereafter. an election
of the directors shall be held at the office of
the corporation, and said directors, when
seats. elect from their, number President,
Vice. President, Secretary and Treasurer and
an Attorney. The Secretary and Treasurer
Ali elections shall be by ballot held at the
office Of the Company, of which election ten
days previous notice shall be given by the Sec
retary i'll writing, hy mailing the same to the
best known address Of each stockhoder.
At the meetings Of the stockholders each share
of stock shall he entitled to vote to be cast by
It's owner or representative, either in person or
by proxy, and majority OF votes cast shall
elect.
A failure to elect directors or officers, as
above provided, shall not dissolve the corpora
IlOn. Ultb tIlc lutu cAisti1S 13Odfu OI DiTeCtOTS
shall continue i'll office and another election
shall be held as soon as expedient. Any
cancy occurring IN sad Board of Directors
from any cause shall be filled by the remaining
directors for the uneXpired term.
All bank checks and corporate obligations
shall be signed by The Secretary and counter
signed by the President.
ARTICLE TX.
This corporation shall continue three years,
if not dissolved sooner by cOnse, t. and may be
extended by Il unanimous consent from year to
wear for FIVE Years, by which time it shall lie