The Lafayette gazette., 1902-03-29

OF THE
LAFAYETTE BRICK AND TILE MFG co.
STATE OF LOUISIANA,
PARISH OF LAFAYETTE.
OF THE

Be it known that on this I4th day of
March, A. -. 1909, tefore me Ed. G..
Voorhies, clerk of court, in and for the par
ish of Lafayette, La, as such duly commits
stoned and qualified, personally came and
appeared the parties whose names are here
unto subscribed, all of full age, who de-
clarcd that, availirg themselves of the pro-
visions of the laws of this State, relative to
corporations, and especially of Act No. SO
of 1883 of the General Assembly of Louis
lana. they have covenan,ed and agreed and
by these presents covenant and agree, and
bind themselves. we'll as such other per-
sons as may hereafter become associated
with them, TO form and constitute a corpo-
ration and body polite in law, for the pur-
poses and objects and under the stipulations,
articles and conditions following, to wit:
ARTICLE l.
The name and title of the said corpora
tion shall be ''Lafayette Brick & Tile Mfg.
Company" and it's domicile is hereby es-
tablished in Lafayette, parish of Lafayette
State of Louisiana; and under its said cCr-
power and authority to contract. sue and be
sueI; to make and use corporate seal, and
the same to break and alter at pleasure; to
hold, receive, have, purchase, improve,
ALLEVIATE, convey, sell, borrow, pledge, mort
gage and hypothecate, under its said cor
porate name. property. real, personal and
mixe6; to name and appoint such officer S,
directors, agents and managers en-
ployees, the interest convenience of
said corporation may require; to- make and
establish bylaws, rules and regulations tor
the proper management and regulation of
its affairs, may be deemed necessary and
proper, and the same to change and alter at
pleasure; and to do all other acts and things
permitted by law or as shall or may be ne
cessary and proper to carry out the objects
and purposes of said corporation.
Said corporation, unless sooner dissolved,
in accordance with its charter, shall exist
years from and after the date hereof.
The PRESIDENT, or in his absence the vice
president, shall be the proper person upon
whom citation or other legal process shall
be served.
ARTICLE
The objects and purposes for which this
corporation is organized, and the nature of
clared to be the following, to-wit: The
and sale of bricks and tiles,
and such other commodities incidental
thereto, may he necessary convenient.
ARTICLE III.
The capital stock of the said corporation
shall be twenty-five thousand dollars divided
into and represented by two hundred and
fifty shares of the sum of one hundred dol
lars each, which said stock shall be paid in
subject to the call of the Board of Directors
either at the time of subscription the same
may be issued at not less than par, in pay
ment or exchange for property or right ac-
tually received Or purchased by said corpo-
ration, and for such other valuable consi-
derations or services as the Board of Direc-
tors of said corporation may determine; pro-
vided, that no stock shall be issued until the
therefor has been received by
the said corporation.
Amy stakeholder may sell, assign or trans
fer his stock in this corporation, provided
thirty 800 days prior notice of such inten-
lion to sell, assign transfer the same to
be. given the company, and the other stock
holders thereof shall have the first privilege
IF purchasing same, after which thirty days
he said stock may be sold in open market.
The stock of said corporation may be
n ansferred under the above conditions,
provided such transfer thereof be made on
he books of said company, at its office
and on surrender of the
certificate therefor. No transfer of any
fractional part of a share shall be made.
This corporation shall commence doing
business ten thousand dollars of
he capital stock shall have been subscribed
or.
The Board of Directors shall have the
light to determine how much stock shall be
ssued
ARTICLE w.
The corporate powers of this company
hall be vested in and exercised by board
# seven directors, consisting of the presi-
lent, vice president and FIVE stockholders.
FOUR of said board shall constitute a quorum
or tne tTauSaCtl&'n OK BUSINESS ana tnelr
decisions shall be valid corporate acts.
The following persons shall constitute the
irst Board of Directors: J. A. Roy, Grow
iirard, John Wilmington, F. G. Mou,on,
-ouis lacoste, Alex. u. Verrot and A. E.
douton.
No person shall be eligible as director or
N officer who is not a Stakeholder of this
ompany.
During the absence of the president the
ice president shall act and preside.
Said Board shall continue in Office until
he 18th day of March. 1903, on which date
nd thereafter, annually, Board of Direc-
ors shall be elected the 18th day of
darch of each year unless the same should |
e holiday, when the election shall be
eld on the next legal day thereafter.
Notice of such election shall be given by |
t least thirty (3o) days publication imme- !
lately preceding each election, in one of
he weekly newspapers of this city; and the
'oard of Directors shall appoint one or more
tockholders to preside at such election as
In the event of the failure
t any commissioner or commissioners to at
end. the president shall by appointment,
VI the vacancy. Any fail"re f,om any
ause whatever to elect directors, the day
amed for that purpose shall not dssoise
he corporation, but the directors then ia
hall hold over until their successors are
hosen.
In such event the president shall cause
ays', and shall give notice thereof as herein
efore provided.
At every election and meeting each