The Opelousas courier., 1903-04-18
Or THE
Valley Land and Planting Company,
Of Louisiana, Limited.
STATE OF LOUlSl a n "A, !
pApISJJ pE ST.. LANDRY,

| tiUn OF corporations, and especially i'll purSu
ance to the provisions of Act No. Sc OF the
General Assembly of the State of Louisiana for
the year 1888, they have contracted and agreed
aud do by these presents contract, and agree
| and bind, and obliSate themselves, as wei as
such other persons may become associated
with them, to form a corporation i'll law fol
the objects and purposes, and under the stipu-
lations, limitations and conditions following,
to wit, viz:
The name and style of said association or
corporation shall be the VALLEY LAND AND
PLANTING COMPANY OF LOUISIANA,
LIMITED, and under its said corporate name
it shall have power and authority to have and
enjoy succession for the full term of fifty years
from aud after the day and date herein, to con
tract, sue and he sued in said corporate name;
to make Il corporate sea, and same to break or
alter at pleasure; to hold lease, sell, purchase,
convey, well as to mortgage, pledge and
hypothecate property, both real and personal;
to carry on a real estate and planting business,
and TO that eId to engage Ill the reclamation,
improvement and cultivation OF lands; borrow
and loan money, and to take all usual securi-
ties therefor; to act us agent for any other cor
pOration or person in or about the manage
ment or control of property, both real and per
s0nal; to buy and sell notes. bonds, mortgages,
or other evidences OF debt secured by lien,
mortgage, privilege, pledge or other security
on real estate; and TO carry Oh and prosecute
any and all other business Incidental to those
herelnabove set FORTH or which may be ncces
sary or useful in the prosecution OF the same
and generally to do all such other acts ana
things as may be necessary 10 carry out the
objects and purposes OF this corporation.
ARTICLE II.
The douicIie of this corporation is hereby
fixed at and in the town of UpuiUusas, st. Lam
dry parish, Louisiana, and citations and all
other legal process shalt be served on the pres
ldent OF this corporation, or i'll case of his alb
sence or death, or either, the vice-prcsident or
secretary and treasurer. or on such manager,
in case OF tho absence Or death of the laI ter
officers, as the board of directors may desig
nate.
ARTICLE III.
The objects and purposes of this corporation
are: 10 buy, own, reclaim, improve, lease, sell,
mortgage, hypothecatc or pledge ana make all
other contracts ill relation TO property, both
real and personal, as also TO carry a general
planting and farming business, and to engage
III the drainage and improvement and recama-
tiOu of lands; to buy, sell and acquire and dis
pose or notes, bonds, mortgages, coupons or
other evidences of debt secured in any manner
on real estate; and TO buy and sell lands for
other corporations or persons on commission,
or to manage same for them, and III general to
carry and do all such further acts aud things
as may be necessary to the prosecution of q
general planting and real estate business in
this State, or any other State OF tho United
states.
ARTICLE Nv.
The capital stock Of this corporation is here
by fixed at fifty thousand dollars, divided into
five hundred shares of the par value OF one
hundred dollars each, and salt stock shall be
paid for in amounts not to exceed fifty per
centum OF the par value thereof, to be paid as
called for by the board of directors of this cor
poratlon; provided, however, that this corpor-
alton may commence business and make all
contracts necessary or Incidental TO its busi-
ness as soon as the sum OF twenty tive thou
sand dollars shall have been subscribed. The
following persons are declared to be the incor-
porators of this corporation, and each have
i1Nn1& hon III
name, respectively, tO-wit: Frederick W. Will
son, 200 shares; George Il. Meyers, 200 shares;
Tasso A. Meyers, 100 shares.
ARTICLE V.
Ali corporate powers of this association shall
be vested in and shall be exercised by a board
of directors composed of three members; the
said board to be selected annually on the first
Tuesday in the month of april of each year
after the year 1908, due notification of such
election to be given by publication for ten days
in one of the newspapers printed in the town
of Opelousas, Louisiana; provided, however,
that the board of directors hereinaDOve named,
as also those to be hereafter elected, shall hold
office until their successors shall be elected and
inducted into office. quorum of the board
shall consist of two members thereof and
from their number they shall select at their
first meeting q president, vice-presIdent and
a secretary and treasurer; and said BOARD shall
have power and authority to appoint, from
time to time. and to dismiss at WILL a manager
of this corporation and such other agents and
employees as they may deem proper for the
carrying on of the business of the corporation;
and they shall also have power to till all va
cancies in their number. to make and to alter
bylaws, rules and regulations for the mana ge-
ment of the corporation. All stockholders
meetings shall be held after ten days pubica
ton, as above provided for, for the annual
election of directors, and each stakeholder te
be entitled to one vote for each share of stock
held by him. Until the first election under
this charter the following boar! of directors
a ttEa ha nd ~ lipn
tors, as well as the officers OF this corporation
respectively, to wit: George +. Meyers presi
dent; Frederick W. Wilson, vice-pFesident and
treasurer; Tasso e. Meyers, SECRETARY.
ARTICLE VI.
Whenever this corporation is dissolved in
any manner, its affairs shall he Iquidated by
two commissioners TO he selected by the board
Of directors at special meeting called for that
purpose after ten days newspaper notice, as
herein provided.
ARTICLE VII.
This act OF incorporation may be changed
modified or altered, or this corporation dis
solved, with the assent of two-thirds in amount
OF all the capital stock represented at d specia
or general meeting OF said stockholders aftel
| publication, as above provided, and after writ
teU notice sent TO the last postotiicc address o.
| each stakeholder, and the capital stock of thil
| corporation may lie ncrea eased upon assent o
| all The owners OF the stock expressed at Il spe
cla1 meeting held as above provided, or b.
| written consent OF each stockh0lder.
| ARTICLE VIII.
| No stocAh0lder shall ever be held Liable G.
| responsible for the contracts or faults OF thi
| corporation in any further sum than the un
| paid balance due to the company on the share
| of stock owned by him; nor shall any informal
| ity in organization have the effect OF rendern
this charter null, or OF exposing the stOckhol
ers to any liability hey Ond the amount of thei
unpaid stock.
ARTICLE TX.
1t ID hereby declared that according to th
terms of Article Nv. of this charter that til
amount of capital stock required for the con
mencement of the business operation of thi
corporation has been subscribed and paid "a
in full, and that the aforenamed board of dire
tors are hereby authorized to take lmmediat
action to carry out the objects and purposes
this corporation.
Thus done and passed at my office, in til
town OF Opelousas, La, on tbe ninth day
April, A. D. 1908, in the presence of Kennel
RailliO, Esq, and Leonce Sandoz. c0mpeter
witnesses, who have signed with the partit
, and me, notary, after due reading OF the Who'll
| Signed-GeOrge E. Meyers, Fred. w. Wilson
, per George L. Meyers, TassO A. Meyers, pt
George e. Meyers.
Witnesses Signed-Kenneth BailliO, Leone
SandoZ. Signed-LUCTUS G. DUPRE,
Notary Public.
State of Louisiana,
Parish of St. Landry.
Having examined the above aud fOregoiI
} act of Incorporation and finding nothing ther