The Opelousas courier., 1903-04-25

the objects and purposes, and under the stipu-
lations, limitations and conditions following
to-wit, viz:
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 aud
erioy succession for the full term of fifty years
from and after the day and date herein, to con-
tract, sue and be sued in said corporate name;
to make a corporate seal, and same to break or
alter at pleasure; to hold, lease, sell, purchase,
convey, as we'll as to mortgage, pledge and
hypothecate property, both real and personal;
to carry on q real estate and planting business,
and to that end to engage III the reclamation,
Improvement and cultivation of lands; borrow
and loan money, and to take all usual secrri-
ties therefor; to act as agent Tor any other cor
poration or person III ur aDont the manage
ment or control Of property, both real and per
soual; to buy and sell notes. bonds, mortgages,
or other evidences OF debt secured by hen,
mortgage, privilege, pledge or other security
on real estate; and to carry on and prosecute
any and all other business Incidental TO those
herelnabove set forth, or " hich may be neccs
sary or useful in the prose cutiol 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 III.
The domicle of this corporation is hereby
fixed at and in the town OF UpeIouSas, ST. Ian
other legal process shall be served on the pres
ldent OF this corporation, or in case of his alb
Sence or death. or either, the vice-president or
secretary and treasurer, OF on such manager,
in case of the absence or death OF the latte
officers, as the board OF directors may desiS-
nate.
ARTICLE III.
The objects and purposes of this corporation
are: to buy, own, reclaim, improve, lease, sell,
mortgage, hypothecate or pledge and make ali
nth n rfla fn
real and personal, rs also TO carry on a general
planting and farming business, and to engage
III the drainage and Improvement and recama-
ton OF lands; to buy, sell aud acquire and dis
pose OF 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 tor them, and i'll general to
carry on and do all such further acts and things
ds iuay be necessary to the prosecution OF a
general planting and real estate business in
this State, OF any other State of the United
States.
The capital stock of this corporation is here
by fixed at fifty thousand dollars divided into
FIVE hundred shares Ut the par value Of one
hundred dollars each, and said 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 it's husi-
ness as SOON as the sum Of twenty-five thou
sand dollars shall have been subscribed. The
following persons are declared to be the lncor-
porators or this corporation, and each have
subscribed the number of shares opposite his
name, respectively, tO-wit: Frederick W. Will
son. 200 shares; George Z. Meyers 200 shares;
Tasso A. Meyers, 100 shares.
ARTICLE V.
All corporate powers OF this association shall
be vested in and shall be exercised by Il 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 herenabove named
as also those to be hereafter elected, shall hold
Office until their successors shall be elected anC
| shall consist Of two members thereof. and
| from their number they shall select at theil
| first meeting president, vice-presldent ant
| q 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 ant
employees as they may deem proper for th'
carrying on of the business Of the corporation
and they shall also have power to I'LL all va
| caneies in their number, to make and to alte
| bylaws, rules and regulations for the manage
mont Of the corporation. All Stockholders
meetings shall be held after ten days pubica
ton, as above provided for, for the annua
election Of directors, and each stockholder t
| be entitled to one vote for each share of st0c
this charter, the following board of director
and officers shall constitute the board Of diret
tors, as well as the officers Of this corporation
respectively, to wit: George E. Meyers, pres
dent: Frederick w. Wilson, vice-president an
treasurer; Tasso e. Meyers, secretary.
ARTICLE VI.
Whenever this corporation is dissolved !
l ifa hal ;ad IN
two commissioners to be selected by the boar
Of directors at special meeting called for ths
purpose after ten days News spaper notice, q
herein provided.
| ARTICLE VII.
This act OF Incorporation may be changed
modified or altered, or this corporation di
solved, with the assent Of two-thirds in amour
Of all tie capital stock represented at speci
or general meeting OF said stockholders ats
publication, as above provided, and after VIII
ten notice sent to the last postoffiee address
each stockhoder, and the capital stock Of til
corporation may be increased upon assent
all The owners Of the stock expressed at sp
clal meeting held as above provided, or b
| written consent of each stockh0lder.
ARTICLE VIII.
No stoekholder shall ever be held liable
| responsible for the contracts or faults OF tn
corporation In any further sum than the u
; paid balance due to the company OH the shar
Of stock owned by him; DOE shall any informa
ity in organization have the effect of renderil
this charter null. OF Of exposing the stockhol
. ers to any liability hey ond the amount OF the
unpaid stock.
ARTICLE TX.
1t is hereby declared that according to Il
terms of Article ". of this charter, that Il
amount of capital stock required for The COZ
- mencement of the business operation of til
l corporation has been subscribed and paid +
i'll full, and that the aforenamed board Of dire
tors are hereby authorized to take lmmedia
action to carry out the objects and purposes
this corporation.
: Thus done and passed at my Office. in t
y town Of Opelousas, La, on the ninth day
: April. A. ID. 1903, in the presence of kennc
u BaiIlio, ESQ, and LeOnce Sandoz, compete
), witnesses, who have signed with the part
= and me, notary, after due reading OF the who
= signed-George E. Meyers, Fred. w. Wilso
= per George E. Meyers, Tasso A. Meyers,
= George E. Meyers.
" Witnesses: signed-Kenneth Baillio, Leon
Sandoz. Signed-LUCIUS 6. DUPRE,
Notary Public
Il State of Louisiana,
Parish of st. Landry
Having examined the above and foregoi
e act OF incorporation and finding nothing the
}, in contrary to the laws OF this state, here
q approve the same.
o Z. LEE GARLAND.
.s Dist AIfy