The Colfax chronicle. [volume] (Colfax, Grant Parish, La.) 1877-1981, 1902-07-12
STATE OF LOUISIANA. |
PARIsH OE GRANT.

Be Il known and remembered that
IN this the 26th day Of May, A. d.
9O2. before me, Earl Roberts, a No
AIRY Public duly qualified In and for |
he said parish and State, and In the
Of the undersigned subscrib-
ng witnesses, personally came and
the persons whose names
are ,hereunto subscribed, who In the |
raid presence declared that, awaiting
of the provisions Ut the
and laws Of the State
Df Louisiana. and specially Of the
provisions OF Act No. IS of the Acts
u the General Assembly Of said State
Tor the year 1883, they do by these
presents form themselves their sue
and assigns, and such persons
ne may become associated with them.
Into a body corporate. under the
laws of this State, set forth In the
charter, t0-wit:
ARTICLE I.
The name Of this corporation shall
be The COlfax Cotton OH Company,
under which name 1t shall
have corporate existence and success
sion for u period Of ninety-nine years
from this date. with power to con-
tract, sue and he sued, plead and he
and to acquire, sell, lease.
mortgage and pledge real and per-
sonal property, elect officers, make
bylaws, and generally. in the prose-
cutiOn and for the purpose Ut Its
business, to do any act and make all
contracts competent to I've made or
done by corporations under the laws
Of this State.
ARTICLE III.
The domicil of this corporation
shall be in the town Of Colfax. Grant
parish, Louisiana. and all citations
and other legal process shall be serv-
ed on the president. or In the event
of his absence from the Office ut said
corporation. upon either the vice
president or the secretary and treas
urer.
The objects and purposes Of this
corporation shall be to cOnstruct. OPP
crate and maintain a cotton seed oil
mill. for the manufacture Of cotton
seed products, oil, soups and Other
Oleaginous compounds.
ARTICLE Nv.
The capital stock Of this corpora
tlOn IL fixed ut the sum OF Forty
Thousand Dollars, divided into FOuI
Hundred Shares OF One Hundred Dol
lars each, payable cash on the sign
| ing OF these presents, or on the de
mand Of the secretary and treasurer
under penalty Of FORGETTING all Share
subscribed In this corporation.
| Certificates for shares shall he sign
ed by the president and the secre
tary, and shall be transferable on tn
books Of the corporation upon tn
surrender Of the outstanding certifl
cate.
The corporate powers Of this cor
poration shall he fixed In a board Q
/ directors. composed Of seven persons
who shall be Immediately elected o.
1 the signing OF these presents by tn
stockholders herein. A majority {
Isaid board shall constitute a quorum
lfor the transaction Of business. Sal
board of directors upon theirolectio
shall Immediately elect a President
lVice-Presjdent, and Secretary an
Treasurer. Said directors and officer
elected by them shall hold their Oi1
lcers until the first Monday In Angus
1903, their successors to be elected o
first Monday In August. 1903, att
thirty days notice by publication
q newspaper Published In the tow
Of Colfax, or by personal notice 10
war1ed to each Of the stOckhOldel
In this corporation ut said date, eel
to such stockholders through tt
mails by the President or Secretal
on or before the first Monday OF IN
Of the next and each succeeding yea
The said directors and officers shs
hold their Offices until their successO
are excited and qualIfied. Atall NEE
IingH OF the stockholders each stOc
holder shall be entitled to cast. eth
lin person or by proxy, one vote 4
leach share OF stock held by. him.
) majority Of the votes cast shall e1e
\ or decide an Questions before the mex
ling. ANY vacancy occurring by dea'
Resignation or Otherwige shall be I'LL
Iby the remaining directors, the din
tor or oa5icer elected to serve nm
the next annual election.
II The directors shall determine t
8 salaries and powers Of their Office
! respectively, and it n provided tn
: all cOutFacts, notes. checks, and all
= iligations Of the corporation, shall
isigned BY the secretary and treasur'
and countefelgned by the Proeiden'
The Beard d Directors shall Ia
IpOwef to appoint such other ol1Ace
y clerks and employees ~ they m
: deem advisable for tie proper ma
2 aeement q the business q the 9
p6rofion. and prescribe their dut
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