The Banner-Democrat. [volume] (Lake Providence, East Carroll Parish, La.) 1892-current, 1899-09-16
GARTER
The EAST CARROLL FAIR ASS0cIA
Ti0N, LIMITED.
STATE OF LOUISIANA.
PARISH OF EAST CARROLL.

y
Be it known, that on this the 4th day of
August. in the year of our Lord one thous-
and eight hundred and uinety-nine, (ISn9)
before me. j.. X. Ransdeil. a Notary Public
in and for the parish of East Carroll. State
of Louisiana, duly commissioned and quail
fed. and in the presence of the witnesses
hereinafter named and undersigned, per-
sonallv came and appeared the parties
whose names are hereunto subscribed, all
of full age, who declare that availing them
selves OF the provisions of the laws of this
state relative to Corporations, and especial
~ of Act No. SO of 1888. of the General
Assembly of Louisiana, they have coven-
anted and agreed and by these pres
ents, do covenant and agree, and bind
themselves, as we'll rs such other per-
sons as may hereafter become asso-
ciated with them, TO form and consti-
tute corporation and body polite in law,
for the purposes and under the stipulations,
articles and conditions, following:
ARTICLE 1.
The name and style of this said
corporation shall be THE Fast
CARIBOU FAIR ASSOCIATION,
LIMITED, and its domIcle is hereby
established in the City of Providence,
and under its said corporate name it
shall have the power and authority to con-
tract, sue and be sued. TO make and use a
corporate seal, and same to break and alter
at pleasure; to hold, receive. have. pur-
chase. improve, ALLEVIATE, convey, sell. bor-
row, pledge. mortgage and hypothecate
under its said corporate name. property.
real, personal and mixed; to name and ap-
point such officers, directors. agents and
managers. or employees. as the interests or
convenience of said corporation may re-
quire: to make and establish bylaws, rules
and regulations for the necessary manage
ment of its affairs as may be deemed prop
err. and same to be changed at pleasure:
and to do all other acts nd things permit
ted by law, or as shall be necessary or prop
err to carry out the acts and purposes of
said corporation.
Said corporation. unless sooner dissolved
in accordance with its charter, shall exist
and continue for ninety-nine (99) years,
from ana after the date hereof.
ARTICLE III.
The object and purposes for which this
corporationis organized are the following,
to-wit.
To encourage and promote agricultural
arts. the breeding and Improvement of the
better grades of live stock. hogs and fowls;
to locate and establish fair grounds and
building, and to-hold and conduct annual
fairs. aud to do all things necessary to the
success thereof, in keeping with good or
der and law.
ARTICLE III.
The authorized capital stock of said Asso-
citation shall be Five Thousand dollars, d.
vided and represented by loo shares for
the sum of (95.00) five dollars each, of
which 30 per cent. shall be paid for in cash
a the time of subscription, and the remain
der at such time or times as may be direct
ed by the board of directors. or the same
may be issued at not less than par in pay
inent or exchange for property or rights
received or purchased by said cor
poration, or The same may be issued full
paid for money advanced and for such 9th
or valuable considerations and services as
the board of directors may determine, pro-
vided that no stock shall be issued until
the consideration thereof by said corpora
ton.
Any storkbolder may sell, assign or trans
fer his stock in said corporation provided
such transfer thereof be made on the books
OF said Association at its Office in the City
Of Providence. and on surrender of the Ger.
tificates therefor. No transfer of any frac-
tional part of share shall be made.
This corporation shall commence doing |
business as soon as five hundred dollars OF
It's capital stock shall have been subscribed |
and 30 per cent. paid thereon.
The board of directors shall have the |
right to determine how much stock shall be |
ARTICLE w.
The corporate pow ers of this Association |
shall be vested in board of directors. con- |
sisting OF the president. vice president and |
and 6 stockholders.
Five OF said board of directors shall con- |
stitute a quorum for the transaction Of !
business, and their decision shall be valid |
corporate acts. The following persons |
shall constitute the first board of directors
Phil Mcclure. President; w s. Mcguire, |
Vice President; f. I'll. Schneider. Secretary;
E. j. Hanley, z. L. Hill, Jno, A. Buckner, |
+. T. Constant, r. Il. Davis and G. A. Voel- I
ger. Il
No person shall be eligible as a director
,r officer who is not stakeholder OF this
During the absence of the president the |
vice president shall act and preside. The |
president. or in his absence, the vice presi- |
dent shall be the proper persons upon /
whom citation and other legal proceedings |
shall be served.
Said board of directors shall continue in /
office until the first Monday OF August, |
300 on which day. and thereafter annually, /
! board OF directors shall be elected on the |
irst Monday of August of each year. unless |
he same should be holiday, when the |
election shall be on the next legal day |
thereafter. Notice of such election shall |
Dc given each stockholder, by the secretary. |
II least ten days prior to each election, and
he board OF directors shall appoint ore or