The St. Mary banner. (Franklin, Parish of St. Mary, La.) 1889-1931, 1902-08-09
CHARTER.
UNITED STATES OF AMERICA,
STATE OF LOUISIANA,
PARISH OF ST. MARY.

Be it known that on this 3rd day of July A. u.
1902 before me, Chas. A. ONiell, a Notary Public,
duly commissioned and qualified within and for
the Parish of st. Mary, State OF Louisiana, and IN
the presence of the witnesses hereinafter named
and undersigned personally came and appeared
the persons whose names are subscribed hereto,
who declared and acknowledged that; awaiting
themselves of the laws of the State of Louisiana
authorizing the organization and creation of cor
porations Of limited liability, they did and do by
these presents covenant, agree and form and CON
stitute themselves, as well as all persons whose
names may hereafter become associated with
them herein, into corporation and body polite
in law for the objects and purposes and under the
stipulations, agreements and provisions following
tO-wit:
ARTICLE |.
The name and style of this corporation shall be
and is The st. Mary Park Association. Limited y
and by its corporate name it shall have power and
authority to have and enjoy success for the period
of ninetynine (99) years; to contract, sue and be
sued in its corporate Names to make and use a
corporate SEAL to hold, have, purchase, convey
mortgage, hypothecate, lease, receive and pledge
property both real and personal, and loan or b0r-
row money; and to have ald to employ such man.
ayers directors, officers, agents and employees as
the interest and convenience OF the corporation
may require; and to make snch by-lawe, rules
and regulations for the management and control
of the affairs of said corporation as may be neces-
sary.
ARTICLE II.
The domice of said corporation Is fixed in said
Parish of St Mary, Louisiana and all citations
and other legal process shall be served on the
President, and in his absence, on the Vice-Presi-
dent, and in the absence Of both, upon the Secre-
tary of this corporation.
ARTICLE Ill.
The objects and purposes for which this corpo-
ration is formed and the nature of business to be
carried on by it are declared to be to buy such
lands as may be necessary for park, and to es
tablsh, equip and conduct a base ball park, race
course and such other means of legitimate sport
and amusement as may be deemed proper, snch as
the equipment OF dance pavilion the establish
ment of a boat club a shooting gallery, refresh
ment stands, bath rooms, and all such establish.
ments as may be deemed proper for park and
pleasure resorts and to do all things necessary or
Incidental to the carrying on Of park association
and the business and objects Of this corporation.
ARTICLE Nv.
The capital stock of this corporation is fixed at
the sum Of Five Thousand Dollars IS. Co., CO., which
Is represented by Five Hundred 500 share, at
which shall be paid in as the Board Of Directors
shall require. All stock shall be paid for in cash
at such times and in such amounts as may be fixed
at not less than par for labor done, services rem.
dered or money or property actually received or
purchased by said corporation. Ali shares of
stock shall be full paid and non-a ssessable No
stockholders shall have the right of selling any of
the shares held by him without having first of.
fered the same in writing to the corporation
through its Board OF Directors, and said Board
within Thirty (ao days thereafter for cash a' at
their book value according to the inventory last
made. No person shall hold stock unless by and
withthe consent Of the Board of Director.
ARTICLE v.
All the corporate powers of this company and
the management aud control Of its business shall
be vested in an exercised by a Board of Directors
composed of Seven ~ stockholders to be elected
annually, majority of whom shall constitute a
quorum for the transaction of business Said Board
shall, Immediately after its election select from
its members President Vice President, Se-
eretary and Treasurer. Each stakeholder shall