The Opelousas courier., 1905-07-15
r.
or The
OpelOuSaS improvement and Develop
ment Company, Ltd.
A OF LOUISIANA

STATE OF LOUISIANA
PARISH OF ST. LANDRY.
Before HE George Il. Edwards a Notary Pub.
lie, duly commissioned, qualified and sworn, in
and for said Parish and State, and in the pres
ence of the undersigned witnesses, personally
came and appeared Jno. ". Lewis. b. Bennett,
per Jno. W. Lewis, G. Fl. Cretin, L. M. Boagni,
JOS. M. Boagni, j. J. Thompson, j. A. Haas t.
f. Iittell. J. S. Evans, W j. Sandoz L. l.. Loeb,
p. I. Blacksher, i. j. Dietlein and +. ] Rich
ard. all residents OF said parish and said
state, who severally declared. That awaiting
themselves OF the provisions OF Act No. Sc o:
the General Assembly for the year 1888, and of
the laws of the State of Louisiana relative to
the formation and COVE rnment of corporations,
they do py this act ard instrument of writing,
for themselves aud for such other persons as
may become associated with them. form them.
selves and said persons. into IL corporation,
hereinafter defined; and they do hereby agree to
the following stipu!ations. o-wit
ARTICLE r..
Tie name and title of said corporation shall
be THE OPELOUSAS DEVELOPMENT AND
IMPROVEMENT COMPANY, LIMITED and
its domicile shall be at OpelOusas, Parish Of st.
Landry, state OF Louisiana.
ARTICLE Ii.
This corporation shall enjoy succession for
the full term and period of Ninety-nine years
from the date of this act.
ARTICLE III.
The corporation shall have power to make
hho D 1t COll oIdtt HSai. anu the same TO ALTER
and change at pleasure; it shall have the pow
er to contract, sue and be sued to hold, re-
ceive, purchase lease, sell anu convey property,
poth real and personal, TO hypothecate and
mortgage It's real property and personal effects,
put no mortgage shall be given Oh its real prop
erty, except when authorized at Il meeting of
the stockholders, after a majority of stock sub
scrlbed has been voted in favor of granting a
proposed mortgage to appoint such officers as
the business OF the corporation may require
ana TO make all necessary rules and bylaws
n flp nnnfnat of tha l"r ain n~1 +1~ .--u
change at will.
ARTICLE ".
The purposes and objects for which this cor
poratiOn is formed are hereby declared to be :
TO buy and sell real estate; to build, lease,
rent and operate hotels and other business en-
tefprises, and to do any act necessary to sue
cessfuliy conduct the affairs OF this corporation.
ARTICLE V.
All citations or process of law shall be served
on the President; or in his absence, on the
e-President; or IN the absence of both of
these, on the Secretary.
ARTICLE VI.
The capital stock of this corporation is fixed
at FlFTY THOUSAND DOLLARS, divided into
Five Hundred Shares of One Hundred Dollars
each and the corporation shall he authorized
to oommenceb business as soon as Fifteen Thou.
sand dollars of its stock have been subscribed
for.
ARTICLE VII.
NJ otiiS ttll il IL CoEDOInJltn SnAti |
be conducted by and under the management
and control of a board of directors. to be COM
posed of seven stockholders. and four of whom |
shall constitute a quorum. The Beard of bi-
rectOrs shall elect a president, ice-president.
aud treasurer, and such other officers |
as may be, necessary for the management of |
this corporation. 1t shall have power to fiji all |
occurring either by death, resigna- |
ton or otherwise. The offices of secretary and |
may be consolidated and held by one |
person.
The following named suhsor;hars to ,bo
stock shall constitute the first Board of Dl- |
rectors JnO W. Lewis, Bernard Bennett. a..
Cretin, [. f. !ittell. NJ. L. Swords, E. NJ.
Boagni and Jos. III. BoagDi, who shall meet
without delay and organize by the election of a
president, vice-president. secretary and treas
nrer; the said Board of Directors aud officers
to serve for one year from the date hereof; at
the expiration OF which time annually thereaf.
a new Board of Directors and officers shall
elected. A majority of the votes cast at a
of stockholders shall elect-each stock
holder being entitled to cast, either in person
Dr. by proxy, one vote for each share Of stock
owned by him. Said election shall be advertis-
published at Opelousas, Louisiana,
and held at the office of the corporation in said
All officers shall hold Office until their
are elected and qualified.
~ ARTICLE VIII,
No stakeholder shall be held personally liable
be liable for any debt or claim
against the corporation to a greater extent than
he unpaid balance due on stock subscribed
or or owned by him. No informality in organ
cation shall affect the liability of stockholders
n render this charter null.
ARTICLE TX.
This act of incorporation can be hanged. al
cred or amended, or the corporation be dis
Owed, with the consent of three-fourtbs of the
apital stock, represented at any general meet
ng OF the stockholders, convened for such pur-
'ose, after thirty days notice shall be given of
meeting, by publication in a newspaper
at Opelousas, Louisiana. and a written
office mailed to each stakeholder ten DAYS pre-
ious to such meeting.
ARTICLE x.
When this corporation is dissolved, either bv
imitation or otherwise, its affairs shall be ]ia-
idated by three commissioners elected for
hat purpose by the stockholders, at a meeting
} be called as provided for in Article of this
barter. The said commissioners shall remain
/ office until the affairs of the corporation are =
and in case of the death or resigna- :
on of any of said commissioners, the remain l
lg one or ones shall elect others to fill vacancy !
aused thereby. The original subscription list q
hereto annexed I
Thus done, passed and signed, at Opelousas, I
on this seventh day of June, A. d., a
in the presence of H.. B. Edwards and A. L..
| with appearers and me, notary, after read
e the whole.
John w. Lewis.
H. b. Edwards, b. Bennett,
A. LaCombe. per John W. Lewis, {
G. III. Cretin, ,
i. E. Llttell, =
- r NJ poorp;