The true Democrat. [volume] (Bayou Sara [La.]) 1892-1928, 1901-08-10
Charter Of Raccourci Compa
ny, Limited.
UNITED STATES OF::AMEp1CA
STATE OF La, PARISH OF
ORLEANS, CITY OF NEW
TN

ORLEANS, CITY OF NEW
ORLEANS.
Belt known, that on this nineteenth day
of the month of July, i'll tho year of our
Lord one thousand, nine hundred and
one and of the Independence of the Unit
ed States of America the one hundred and
twenty sixth;
Before me, Frederic Charles Marx. a
Notary Public, in and for the Parish of
Orleans, State of Louisiana, duly commits
stoned and qualified, and in the presence
of the witnesses hereinafter lllmed and
undersigned:
Pei sOnally came and appeared The
several persons whose names are hereunto
subscribed, who seveIally declared that
availing themselves of the provisions of
the laws of this state relative TO the or
ganization of corporations, they have
contracted and agreed, and do by these
presents agree and bind and 0bligate
themselves, as well as such other persons
as may hereafter become associated with
them, to form and constitute u CORPORA
ton and body corporate in law, for the
objects and purposes, and under the
agreements and stipulations hereinafter
set forth and expressed.
Article 1.-The name of this corpora
ton shall be '"The Raccourci COMPANY.
Limited, under which name it shall have
corporate existence and succession for
ninety-nine (99 years FROM the date of
this act, and shall have power to contract
sue and be sued, to purchase, lease, mort
gage, pledge, ALLEVIATE or cucumber real
or personal propertyof every description,
and generally to have and exercise, for
all purposes connected with or Incidental
to its business as hereinafter set forth,
all powers conferred upon corporations
by the laws of the State of Louisiana.
Article 1.-THE dOmicile of this cor
poration shall be in the Island of Rae
courci, Parish of West Feliciana, State of
Louisiana. Citation and all legal process
shall be served on the President of the
corporation, and in his absence, on the
Secretary of the Company.
Article lIT.--The objects and purposes
for which this corporation is organized
and tue nature of the business to he
carried OIL by it are hereby declared to be:
10 do q general merchandise business,
to operate stores, to own, purchase, I'M
prove and lease lands of every kiud and
description, either for sale, investment Oh
for the cultivation of cotton, corn and
other agricultural products; to acquire,
purchase, construct and operate cotton
gins congresses and mills of every kind;
to purchase and operate plantations, rail.
roads, tramway or boats, to raise, buy
and sell cattle of every kind and descrip-
ton, to buy and sell timber and timber
lands and to make advances to planters
and other parties for the cultivation OF
lands, and generally to do and engage in
such other business as may be necessary
or Incidental to the purposes hereinabove
set forth.
Article IV-The capital stock of this
company shall be Fifty Thousand Dollars
($50, O00.O0) to he represented by Five
Hundred shares Of capital stock of the
par value of One Hundred Dollars each,
which said stock shall be paid for in cash
when issued, CT same may be issued at
not less than par in payment for property
actually received or purchaned by said
corporation, or for services or labor do le
therefor.
All certificates of stock when issued
shall be signed by the President and
the Treasurer OF in the absence OF ina
biilty OF either or both of them to act.
by such persons us the Board CT Direc-
tors may designate.
This corporation shall commence bust
ness as soon as the sum of Ten Thousand
Dollars of its capital stock shall have
been subscribed aud paid for.
All transfers of stock sha' be made OIL
~ On the books of the company.
Article Vail the powers of this cor
poratlon shall be vested in and exercised
by Board of Directors, consisting of
Three Directors, who shall be elected at
the annual meeting of tile shareholders
TO 90 held on the Third Wednesday of
July In each year; notice of this meeting
shall be published twice in two weeks,
prior to the holding thereof, in one OF
the newspapers in the Parish of West
FeiieIana. AT said meeting every share
holder shall be entitled to cast one vote,
IN person or by proxy, OH every share of
STOCK owned by him and n maturity uf