The Lafayette gazette. [volume] (Lafayette, La.) 1893-1921, 1900-02-10
CHARTER
carencIo Cotton Gin Company, Ltd.
UNITED STATES OF AMERICA,
STATE OF LOUISIANA, PAR


ISH OF ST. LANDRY.
Be it known. that on this I2th day of
thousand eight hundred and ninety nine. be-
fore me, William Sandoz, notary public
duly commissioned and qualified in and for
said parish and State. and in the presence
dersigned; personally came and appeared:
Isaac Roos, Jacques J. Perrodin. Gordon
Isadore Isaac, Of the parish of St. Landry,
clared: That availing themselves Of the
provisions of the Constitution and laws of
this State relative to the organization OF
Corporations, and specially of the provisions
Assembly of this State for the year 1888,
approved June zo, 1888, they do by these
presents form and organize themselves, their
successors and assigns, into, and constitute
a corporation, for the objects and under
the conditions hereinafter set forth, to-wit:
ARTICLE l. The name of this corpora
ton shall be 'sThe Carencro Cotton Gin
Company, Limited, and under that name
cession for period of ninety nine years;
to contract, and be sued, in its corpor ate
name; to make and to use corporate seal;
to hold, receive, purchase and convey, UNI
real and personal for the objects hereinafter
stated, and generally to do all things lawful
for corporation to do.
ARTICLE II. The domicile of this
parish of Lafayette, louisiana; citation and
other legal process shall be served the
president of the corpo ration, or, if absent
from the parish, on the Secretary.
ARTICLE III. The capital stock of
this corporation shall be six thousand dol
lars, represented by sixty shares of the par
value of one hundred dollars each, and GER
tifcates for said shares shall not be issued
until they have been fully paid up in money,
property services rendered. The certl-
ficates shall be signed by the president and
the Secretary of the Corportion, and shall
be entered on the Transfer Book kept by
the corporation: and no transfer of shares
shall affect the corporation until il has been
entered on the transfer book of the corpora
ton.
ARTICLE ". The objects and pur-
poses of this corporation, and the nature
and the business to be carried on by it, are
declared to be, to erect to purchase, to
own or to lease, and to operate, one or
more cotton gins; to purchase cotton in seed
and cotionsecd and gin said cotton; to gin
cotton for the public for pay; to purchase,
own and operate, to lease and to sell,
rent ont, nr---L" sc Or piet;gc amy property,
real or pc:&,;nal required or convenient for
any of ;hI purposes for whict This corpora
ton is organized, and generally to make all
contracts required appropriate for any
of said purI' SEES, including the power to
borrow money for any OF its purposes, and
to issue therefor its promissory notes secured
by mortgage or pledge or pawn or privilege
on any of its property, real or personal.
ATRICEE V. Ali the powers of this
corporation shall be vested in and exercised
by Board of Directors composed of three
shareholders, who shall be elected
annual meeting of the shareholders to be
held the second Tuesday of May, every
year, after notice published once week for
three successive weeks in newspaper pub
lished in the said parish of Lafayette. The
Board of Directors of this corporate N shall
| exercise all the powers OF this corporation
without referring to the shareholders for
| the notes of the company and grant mort
cages or pledges and generally to make all
contracts and do all acts in any manner
pertinent to the objects of this corporation,
or which are or may be, permitted under
| the laws applicable to corporations And
in exercising said powers, the said Board of
Directors may act either directly through
such officers and agents it may appoint
with general special authority in what
| relates to contracts and the administration
of the affairs of this corporation Said
Board shall have power to make all such
bylaws they shall deem proper, and shall
the shareholders shall be called, provided,
that not less than ten days notice shall be
! given by mailing to each shareholder n
| notice of said meeting and of the purposes
thereof to the address left by him with the
secretary.:"-
as the first Board of Directors, and until
| their successors shall have been elected
and qualified, to-wit: Isaac Roos. shall
be the president, Gordon A. Sandoz,
vice-president, and Jacques J. Perrodn,
shall be the secretary and treasurer. Said
Board of Directors shall at the first meeting
| after their election elect one of their
own number president, and to be
vice president, and they shall also elect a
person to be secretary and treasurer, who
| need not be stakeholder. All directors
| and officers of this corporation, both those
| named in this charter and those hereafter
elected, shall continue in Office until their
successors have been elected and qualified.
Two members shall constitute a quorum;
and no salaries to be paid to the officers or
Directors of the Company except such as
shall be fixed at the annual meeting of the
stockholders for the election of officers.
ARTICLE vi. The president of the
Board of Directors shall preside at all meet
ings of the Board of Directors, issue through
the secretary and treasurer all notices or
meetings of the Board of Directors, of
special of regular meetings of the stock
holders; sign together with the secretary
and treasurer all obligations of the corpora
ton and exercise such other powers and
duties may be delegated to" him by the
Board of Directors.
ARTICLE VII. The vice-president shall
preside at meetings in the absence of the
president.
ARTICLE VIII. The secretary and
treasurer shall keep a minute book in which
shall be inscribed all proceedings of special
and regular meetings of the stockholders
and of the doings and resolutions adopted
at the meetings Of the Board of Directors.
and Such other lufieS b. IF