The Natchitoches enterprise., 1902-07-03
CHARTER.
NatchitOChes Cotton Oil Co..
Limited.
STATE OF LOUISIANA,
Parish of NatchitOches.

Be tt known that on this, the Twenty
first day of June, A. d. 1902, before me,
II. NJ. Hyams, Il Notary Public in land
for the Parish and State aforesaid, duly
commission and qualified, personally
came and appeared the undersigned In
cOrpOratOrs, all residents Of the State of
Louisiana, who being desirOus of forming
themselves into a Corporation under the
provisions of act No. 36 of the General
Assrmb V of the State of Louisiana, ap-
proved June %. 1898. as well as the Cen
crai Laws of this State relative to the
organization of Corporations and having
complied with all the provisions thereof,
| have formed themselves and do by these
presents form and constitute Il corpora
ton for the objects and purposes and
u1dc' the stipulatioaS hereinafter set
| fort. tO-Wit
ARTICLE [.
The name and title of said Corpora
ton shall be NatchitOcheS Cotton OIL
Company, Limited. and by that name
and title shall it enjoy Succe. sion for the
te m of Ninety-ninc years from date
hereof. unless sooner dissolved. II shall
have power to size and be sue] ; to make
| and use Corporate seal, and alter same
ceive donations of real est; te and lands;
t. sell, ihypothecate and lease same; to
purchase, hold and sell personal proper
ty; to name and appoint officers. direc-
tors and age. Is; to enter into obligations
AMI contracts essential to the ordinary
IT. tnSactiOn of its business and to make
and establish by-law., rules and reSula-
tons for the management of its business
affairs as may be requisite and necessary.
ARTICLE II.
The DOmicil and principal place of bu-
Stress Of said Corporation shall be in the
city Of NatchitOches, Parish of NatchiO-
ches, State of Louisiana, and all citations
and other legal process shall be served on
its President. 0" in his absence, on its
Nice-PreSident. or i'll the absence of both
of these, on the Secretary ard Treasurer
of the Corporation.
ARTICLE Ill,
The object of this Corporation shall
he TO acquire. operate, and maintnin |
Cotton Seed Oil Mills and cotton Gins
for the preparations, ginning and manu-
facture of all Cotton Seed Products, Soaps
and OleOgene0uS Compounds, and for |
the purchase and sale of cotton seed pro-
duets.
ARTICLE ".
The Capital Stock or this corporation
shall be fixed at fOrty-five thousand dol
lars. divided into four hundred and fifty
sh re of one hundred dollars each. Twen-
ty-cight thOuSam dollars of which has
been already subscribed and pail in full.
ARTICLE V.
,nIunry nF tI,;S 81.
vested in Il Board OF Directors cOmpo ed
of three members, two of whom shall
quorum for the transaction
of business. The frs. Board of Direct
OrS shall be elected at a mcrliny of sock
holders to be held on the 2lSt day of June.
\ ID. 1892. and the Directors shall be
elected annually thereafter on the first
TueSdly in June in each succeeding ve"r.
and any failure TO hold any annual meet
ing hall not cauS Il forfeiture of this
Charter but said annual meeting sha be
called as soon thereafter as possible by
notice published in one of the newSpa-
p rs Published IN the city of NatchitO-
eli 5 for thirty days prior to tile date of
said m"cting and all NJ mbrrs of said
Board Of Directors previously e'ected
sha'l hold over until their successors shall
have been duly elected 7nd qualified. ANY
that may occur III said Board of
Directors by death or other causes shall
BE- filled bv vote of the remaining Di-
rec OrS, or Stockholders, at general
meeting
All annual meetings of stockholders
shall be called by thirty days notice in Il
newspaper published in the City of Match
tOchps, ard at said III eting each share of
stock shall be entitled to one vO q and the
shall vOt' in PRISON or by
written proxy and by ballot. .
ARTICLE vi.
The officers of this Company shall con- !
'iSi Of Il PreSdea', Il Vice President and
Secre ar, and Treasurer who shall be
elected by ballot of tn Board of Dircc.I
OrS ut Il meeting to he held on the same
| Y as that appointed for meeting of
stockholders
Their powers and d ties shall be such /
ls are prescribed by the Board of Direc-
Or$.
ARTICLE VII.
All shares of stock must he transferred !
~ the books If the Company kept for that =.
DurpO G, and no shareholder shall be li;l-
Dlc for any contracts or faults of said cor
,OratiOn, or be held liable in any further |
um than the balance due IN their sub :
No sto khOlder shall sc his !
aid shares of stock un'esS they be first
'tfered for sale to the directors at the :
anne price at which he can sell to others u
or cash, and refu al made to purchase
anne by said Directors. 1
ARTICLE VIII. n
This Charter may be changed, modified q
II annuled, or the said corp ration may Q
e dissolved by vote of three four lis of t
he stockholders represented at Il general It
leeting held for that purpose after cue +
office shall have been given by public
ion i'll one of the neWSpape published :,
4 the city of NatchitO hes f, + thirty days /
revIOuS to laid meeting two commission is
RS shall be selected by the stockholders, Y
no shall ind up and settle the affairs of
his corporation, and i'll the ev"nt OF any II
Sagreement of said Commissioners they
hal select an umpire whose decis OnS 81
hall be final p
(SigneU B. NJ. Bryan, Alexandria. Q
IA, "a shars. B
}. l.. Bryan, Natchitoches, La . 50
lareS W
w. Z. Hayne, Boyce, La, 93 shares. 81
This done and passed at my office in u
atchtOches on the day and date first st
bOv' written, and after reading and in te
ne presence of these witnesses ~ ~
ttest: n,
D. j. HYAMS. n,
W. 7. BELL. 81
III NJ uYANS