The Bossier banner. [volume] (Bellevue, Bossier Parish, La.) 1859-1952, 1903-02-05

y = |
THOMAS T. LAND,
District Attorney, Second District of
Louisiana.
Filed and recorded. The 7th day of
January, A. D. 1903, in Volume "O,"
Mortgages, on PIP. SOB, ct seq.
Deputy Clerk and ex-officio Recorder.
January 8, 1903. feb IL
CHARTER OF
Plain Dealing Cooperative Farmers
Union Warehouse Co., Ltd.
State Of Louisiana, Parrish Of Bossier.
DE 1T KNOWN, That on this, the
ID 18th day of January, 1903, before
me, John G.. Allen, a Notary Public,
duly commissioned and sworn, in and |
for the Parish of Bossier, State of Lou |
isiana, personally came and appeared |
the parties whose names are hereunto |
subscribed, all of full age, who declared.
that availing themselves of the provis-
ions of the laws of this State relative to |
corporations, and especially Act No. 36
of 1888 of the General Assembly of
Louisiana, they have covenanted and
agreed, and by these presents covenant
and agree and bind themselves, as well
as such other persons as may hereafter
become associated with them, to form
and constitute corporation and body
polite in law, for the purposes and
objects and under the stipulations, ar
ticles and conditions following, to-wit:
ARTICLE 1.
The name and style of this corpora
ton shall be the PLAIN DEALING Co
OPERATIVE FARMERS UNION WARE
HOUSE COMPANY, Limited, and its domi-
cile is hereby established in the town of
Plain Dealing, Bossier parish, La, and
have power to contract, sue and be sued,
to hold, acquire, receive, purchase, sell,
transfer, convey, deliver, borrow, pledge,
mortgage and hypothecate property,
real, personal and mixed; to make and
establish bylaws, rules and regulations
for the proper management Of its affairs,
pleasure, and to do all other acts and
things as may be necessary and proper
to effect the objects and purposes OF said
corporation.
The President, or in his absence the
4
son upon whom citations or other legal
| processes shall be served.
This corporation shall exist for Pc
Rod of ninety-nine years, unless sooner
dissolved, in accordance with its charter.
ARTICLE II.
The objects and purposes for which
this corporation is organized, and the
nature of the business to be carried on
| by it is declared to be to conduct gen.
| eral mercantile, manufacturing and
warehouse business.
| ARTICLE III.
The capital stock of this corporation
is fixed at 5000, divided into 5,00C
shares of 81 each, and it shall commence
business hereunder whenever $500 of the
capital stock shall have been paid for,
All stock shall be paid for in cash at the
time of subscription, or the same may
be issued at par in payment or exchange
for property, rights or credits actually
received by said corporation, or the
same may be issued full paid for money
advanced and for such other valuable
consideration as the Board of Directors
may determine.
| Any stakeholder may sell, assign o.
| tIdllSlCf LIS StOGh III Wills COIpOIcbblOiI
provided 80 days. notice of such inten-
ton to sell, assign or transfer be giveI
the company, and the other stockholders
shall have the first privilege of purchas
ing the same. The stock Of said corpora.
ton may be transferred under the abov'
conditions, provided such transfer b.
made on the books of the corporation, a
its Office in the town of Plain Dealing
| ln 80 l,o
ARTICLE ".
The affairs of this corporation shall b.
, vested in and exercised by Board o
. Directors, to be elected from among tn
I stockholders of the said corporation.
!, The said board shall have authority t
fill vacancies in their number, caused b.
} death, resignation or otherwise, fror
/. among the stockholders of the corpora
ton; they shall have full control Of al
. property of the corporation; they ar
: authorized to frame and adopt such by
laws, rules and regulations as the bust
/ ness and affairs of the corporation ma
4 require, and they shall appoint sue
i officers, agents, servants and clerks q
: they may deem necessary to conduct tn
8 business Of the corporation, fix thei
: compensation, term of service, with tn
r right to dismiss them at said board
s pleasure; they shall have the right
e fix and determine the salaries Of d
: officers herein provided for.
1 ARTICLE v.
The following persons shall constitui
: the first Board of Directors: r. M.
! Wise, President; j. J. Robertson, Vice
President; J. 0. Nuckolls and A.
Demoss, and J. T. Many, Secretary ar
: Treasurer. They shall hold their Off
! = until the first Tuesday in January, 1870
u when the stockholders shall elect the
: successors in Office, each stockhold
= being entitled to one vote for each sha
:, of stock registered in his name. Mott,
= OF said election shall be given by II
= days. publication by some newspap
= published in the parish. After eat
e election the Board of Directors shs
= elect from their own number the Office
Of said corporation.
n ARTICLE vi.
rs This charter may be modified, chang