The Bossier banner. [volume] (Bellevue, Bossier Parish, La.) 1859-1952, 1902-10-16
CHARTER OF
Atkins Industrial Institute.

State of Louisiana-Parish of Caddo.
DE it remembered that on the day and
IL 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 availing
themselves of the provisions of Section
ST. 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 asso-
ciated with them into body corporate
under the name and conditions hereinaf-
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 i'm
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.
aRTIeJ = IT
This corporation shall exist for a period
| OF nlne-nine years, unless sooner dis
solved, and when 50 dissolved it's affairs
shall be liquidated by two iquidators
appointed by the stockholders for that
purpose, who shall give such bond as
the stockholders may require.
| ARTICLE III.
The objects and purposes for which
| this corporation is formed are hereby
declared to be 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,
|
tees, shall have power togrant diplomas
or 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 tits corporation shall be
under the control and management o.
Board OF Trustees to consist of five
stockholds, who shall have power to en-
ploy and discharge at their pleasure al
teachers, employees or other assistants
needed, and to fix the compensation thai
shall be paid TO them.
The first Board OF Trustees shall be
| w. w. Washington, Iobe Chitmon
Peter Dennard, Spencer w. Clement'
and Mack G.. Kellum, with w. w. Wash
ington as President, Mack G. Kellun
Vice President and Spencer w. Clement
Secretary and Treasurer. They shall
hold their Office until the first Monda!
in October, 1903, when the stakeholder
shall elect their successors in Office, eaci
stakeholder being entitled to one vote
either III person or by written proxy il
such election, as well as all elections nell
by them.
ARTICLE vi.
All legal process shall be served on tn
President, or in his absence on the Vic
President, or in the absence of both 0
them, on the Secretary and Treasurer
at the domicile of this corporation.
ARTICLE VII.
Whenever this corporation is dissolve,
it's affairs shall be liquidated by tw
liquidators appointed by the stakeholder
. at general meeting called for that pur
pose, and should two-thirds of tn
stockholders desire to terminate thi
corporation prior to the limitations here
matter expressed, then such may be done
but the vote thereafter shall be taken a
|; general meeting of stockholders afte
ten days. advertisement of the notice Q
such meeting, such advertisement to b
made in the paper published at Benton
in said Parish OF Bossier.
ARTICLE VIII.
No stockholdar of this corporatio
shall ever be held liable for any create
amount than the unpaid balance due o
the stock held by him, nor. shall an
informality have the effect OF renderin