The Bossier banner. [volume] (Bellevue, Bossier Parish, La.) 1859-1952, 1902-10-23
CHARTER OF
Atkins Industrial Institute.

State Of Louisiana--Parish of Caddo,
Pc it remembered that on the day and
~ date hereinafter written, before
me, John D. Wilkinson, a Notary Public
duly commissioned and sworn for and
within the Parish and State aforesaid.
personally came and appeared the per.
sons whose names are hereto signed, in
presence OF the undersigned attesting
competent witnesses and me, Notary,
who stated and declared that availinr
themselves OF the provisions of Section
60 OF the Revised Statutes OF the Acts
OF 1870 of the State of Louisiana. as
well as all laws of similar import relating
to the formation of corporations for
educational purposes, they have formed
and constituted themselves as we'll as all
| others who may hereafter become ASSOC
ciated with them into a body corporate
under the name and conditions hercinaf-
ter expressed and have adopted this as
their charter.
ARTICLE
The name and style of this corporation
shall be THE ATKINS INDUSTRIAL.
! INSTITUTE, and under said name it
may sue and be sued, plead and be inn
pleaded, hold, acquire, and receive
both real and personal property, either
by purchase or donation, and the same
to sell and dispose of if necessary: to
mortgage, pledge and hypothecate the
| same; to make all such rules, regulations
and bylaws as may be necessary in the
government of its affairs, and the same
to change or alter at its pleasure.
ARTICLE II.
This corporation shall exist for a period
| of nine-nine years, unless sooner dis
solved, and when so dissolved its affairs
shall be liquidated by two liquidators
appointed by the stockholders for that
purpose, who shall give such bond as
the stockholders may require.
ARTICLE Ill.
The objects and purposes for which
| this corporation is formed are hereby
declared to DO to conduct, carry on and
maintain an educational institution at
Atkins, Parish of Bossier, State of Lou
isiana, which place is hereby declared to
be its domicil, for the purpose Of educat-
ing the colored youth of said parish, and
OF the State of Louisiana, and in fur
therance of said purpose said College,
| through its constituted Board of Trus-
tees, shall have power to grant diplomas
OF certificates OF proficiency under such
rules and regulations as its Board of
Trustees may from time to time prescribe.
ARTICLE ~.
The capital stock OF this corporation
is fixed at Five Thousand Dollars, divided
into one hundred shares of Fifty Dollars
each, and it shall commence operat ons
hereinunder whenever all of its capital
stock is subscribed for and paid for
Said stock may be issued for cash, work
or real or personal property, or its equiv
alent.
! ARTICLE v.
The affairs of this corporation shall be
under the control and management Of
| a Board OF Trustees to consist of five
stockholds, who shall have power to em-
ploy and discharge at their pleasure all
teachers, employees or other assistants
| needed, and to Xix the compensation that
shall be paid to them.
The first Board of Trustees shall be
W. W. Washington, lobe Chitmon,
Peter Dennard, Spencer W.. Clements
and Mack c. Kellum, with w. w. Wash
inglon as President, Mack G. Kellum
| Vice President and Spencer w. Clements
Secretary and Treasurer. They shall
hold their Office until the first Monday
in October, 1903, when the stockholders
shall eject their successors in office, each
stakeholder being entitled to one vote,
either in person Or by written proxy il,
such election, as we'll as all elections neld
by them.
| ARTICLE VI.
| All legal process shall be served on the
| President, or in his absence Oh the Vice
President, or in the absence of both of
them, on the Secretary and Treasurer,
at the domicile of this corporation.
| ARTICLE VII.
Whenever this corporation is dissolved
its affairs shall be liquidated by two
liquidators appointed by the stockholders
at {, general meeting called for that pur-
| pose, and should two-thirds of the
stockholders desire to terminate this
corporation prior to the limitations here
matter expressed, then such may be done,
but the vote thereafter shall be taken at
a general meeting OF stockholders after
ten days advertisement of the notice of
such meeting, such advertisement to be
made in the paper published at Benton,
in said Parish of BOsSier.
| ARTICLE VIII.
No stockholdor of this corporation
shall ever be held liable for any greater
amount than the unpaid balance due on
the stock held by him, nor shall any
informality have the effect of rendering
this charter null or of exposing any
stockholder to any greater liability than
the unpaid balance due by him on the
stock held by him.
In testimony whereof have caused
said appearers to hereunto afix their