Tensas gazette. [volume] (St. Joseph, La.) 1886-current, 1902-08-08
ACT OF INCORPORATION
OF THB-
TENSkS COTTON OIL AND MANUFACTURING
COMPANY.
STATE OF LOUISIANA,

PARISH OF EAoAS.
DEIrKNowN THAT oNTHIS THE list day
- Of July, A. D: 1907 before ,o,5 me- ,i =.
Court OF Louisiana, In and for the Parish OF
Teusas and ex-offioio Notary Public IN and
for the same, and IN the PresenGe S az she WI
personally came and appeared the several
persons whose names are hereunfo sub
ing themselves. OF the provisions of the laws
and Constitution of the State OF Louisiana, IN
such cases made and provided, they contract
and agree ana oy Inese presents Drn a1 I he.n
after become associated with them, TO form
and constitute q corporation and body poltie
in law, for the objects and purposes and I'M
der the agreements and stipulatiOns follow
ARTICLE /.
The name and style of this Corporation
MANUFACTURING COMPANY" and by
said name it shall have power and authority
TO exist and enjoy succession for the full term
OF ninety mine tssl years from tnis date.
ARTICLE IL.
The objects and purposes for which this
corporation is formed and the nature OF the
business to be carried on by it, are hereby
declared 70 be the production, manufacture
and sale of ARTIFICIAL ice, cotton seed pro-
Ducts ginning seed cotton, and doing every
ness as the needs and purposes of said cor
porstion may requires and for that purpose
A TO purchase Al necessary mac 1lQerY,
| teriaf and appliances that may be needed,
purchase or tease real estate, erect buildings;
| 80 pufchase cotton seed and seed cotton, 10
sell or buy by retail or wholesale the pro-
ducts thereon; to manufacture artinciaI ice
ana TO sell the same either by retail or whole
/ sale. 10 mortgage its property, borrow
money, issue bonds or notes anu 10 name and
appoint such managers, officers or agents as
the business vi the same requires ana make
| all necessary bylaws, rules ana regulations
| for the government OF the aifaires OF the com
I a. Things
| successfully carry on said business.
| The domlcle OF this corporation shall be In
the village OF ST. Joseph, IN Tensas Parish,
| Louisiana, and all citations and other legal
proceedings shall be served upon the PreSi
dent OF sald corporation or In case of his alb
sence or inability to act, upon the Vice Pres
| ident, or in case of his absence or inability TO
act, upon the Secretary of the Company.
ARTICLE Ill.
| The capitol stock of this corporation Is here
by nxed at the sum Of Fifty Thousand Dollars
| divided into Five Hundred shares OF the pr
value of One Hundred Dollars each, to be
| issued tor cash paid the corporation. or for
| property conveyed, or Tor services rendered
10 IT, And this corporation shall commence
business as soon Ms Sitty per cent of the cap
| ital stock shall have been subscribed.
| Its business shall be managed by a Board
Of Nine Directors, which may be increased
| by majority vote OF the stock holders at
| any meeting of the stock holders. Ali trans
| fers OF stock shall be made on the books of
the company by the stock holder or by his
|
| ARTICLE ".
| All the corporate powers of this corporation
shall be vested in and exercised by the Board
| of Directors, a majority OF whom shall con-
| stitute quorum Tor the transaction of all
business. They shall make all bylaws rules
| and regulations Tor the government of the
business and affairs of the company and
| alter, amend, and change the same at pleas
! ure; mako all contracts, hire ana discharge
all officers, agents and employees and nix all
| salaries and generally to do and perform all
| things necessary in the transaction OF the bu-
| siness and affaires of the company. They
shall ali all vacancies which may occur in
said Board, from death, resignation or other
| wise.
The first Board of Directors OF this corpora
ton shall consist of f. SteinhaFdt, JAo. G.
Hamilton, j. 8. Rodriguez, w. NJ. Davidson,
b. Il. Young, A. J. Gibson, John Murdoch,
a. Blanche, Sr., Joseph Curry, with Jno:; G.
President and w. M. Davidson as Secretary
and Treasurer, who shall hold their offices
until the LIST Monday of July, A. ID. 1903, or
until their successors shall have been duly
elected and qualified.
Each Board shall appoint its own officers
On the LIST Monday of July A. ID. 1903, and
| annually thererfter, an election for directors
shall be held at the office of the company +,
under the supervision OF two commissioners
lmediately and SHALL hold the same until their
| successors shall have been duly elected and
qualified.
All the corporate elections shall be by bal
represented by proxy shall elect, and
each share of stock shall be entitled to one
vote, either in person or by proxy in writing,
at any meeting of the stock holders.
Notice of election shall be given to each
stock holder in writing by the Secretary at
least ten days before each election, which
shall be sent by mail to each stock holder.
Any failure to elect Directors on the date
specified, shall not in any manner invalidate
this charter, but the Directors in Office shall
continue to hold their seats until their sue
lcessors are elected and qualified, but another
election may be held at any time thereafter,
after ten days written notice to each stock
said election In newspaper published In the
village OF saint Joseph, Louisiana.
ARTICLEv.
Whenever this corporation Is dissolved
either by limitation of its charter, or from
any other cause, its affaires shall be liquidat-
holders of said company elected at a general
meeting convened therefor, after thirty days
notice shall have been given in a newspaper
published In the Village of Saint Joseph,
Louisiana, by three publications thereof and
written notice to all stock holders.
Said liquidators shall remain In office until
been finally closed and liquidated, and in
case of the death of either Of them, the other
snail continue to act.
ARTICLE vi.
This charter may be changed, modified OF
amended, or this corporation dissolved with
. |
general meeting of the stock holders con-
yened for the purpose after thirty days notice
in newspaper published in the Village Of
tions thereof and written notice 10 each
stock holder.
\ ARTICLE VII.
The President may, in his discretion, and
shall upon the written request of any two
stock holders of this corporation; notice
: thereof shall be given in writing. by the Sec
3 Rotary, To each of the stock holders of thii
corporation.
+ ARTICLE VIII.
/ No stock holder shall be held liable or re
. sponsible for the contracts or faults of thi
} Company, in any further sum than the unpai,
balance due to the Company on the share
owned by him, nor shall any mere informalit,
this Charter null, nor exposing any stoci
holder for any liability beyond the amour
of his stock.
y ferred, sold or delivered or disposed of with
r Sos,es n wFitlps % the stock holders and Il
lowing them the privilege OF first purchasin
3 such stock at its actual value.
: ARTICLE TX.
!. Under the above entitled name and for tn
purposes above expressed, the said corpora
!; ton shall have tho power and authority :
: make have, and use common seal, wit
such device and Of such description as the
b deem proper, and the same to,break, alter
and amend at their pleasure.
In testimony whereof the said parties hav
hereunto signed their names in the presenc
of A. Z. Green and Robt. Y. Newell, compe
tent witnesses, who sign these presents wit
the said parties and me the said Notary, O
e the day ana date first herein written.
4 @. H. CLINTON,
A. B. RATCLIFF,
w. NJ. DAVIDSON,
JOS. CURRY
n ]. s. RODRIGUEZ,
Il. r. YOUNG