The Opelousas courier., 1905-07-08
OH R
0pelousaS improvement and Develop
ment Company, Ltd.
-OF THE
A OF LOUISIANA, I
pnroIf AN CIR N {

STATE OF LOUISIANA, :
PARISH OF ST. LANDRY. 5
Before me George L. Edwards "a Notary Pub
lie, duly commissioned, qualified and sworn, i'll
and for said Parish and State, and in the pres
ence of the undersigned Witnesses, personally
came and appeared Jno. W. Lewis. B. Bennett,
per Jno. W. Lewis, &. III. Cretin, f.. M. BOagni,
Jos. M. ROagni, ]. J. Thompson. j. A. Haas, l..
u. Littell, j. 3. Evans. W. j. Sandoz. p. l.. Loeb,
Pr Blacksher, + j. Dietlein and F. J Rich,
ard. all residents of said parish and said
State, who severally declared: That availing
themselves of the provisions OF Act No. So OF
the General Assembly for the year 1888, and of
the laws OF the State of Louisiana relative to
the formation and government of corporations,
they do ny this act and instrument of writing.
for themselves and for such other persons as
may become associated with them, form them
selves and said persons. into a corporation,
hereinafter defined; and they do hereby agree to
the following stipnlations, to-wit:
ARTICLE |.
The name and title of said corporation shall
IMPROVEMENT COMPANY, LIMITED and
its dolnicile shall be at Opeiousas, Parish of st.
Landry, State of Louisiana.
ARTICLE IT.
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
and use a corporate seal, and 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 and convey property,
both real and personal to hypOthecate and
mortgage Its real property and personal effects,
hllt no mortgage shall he given on its real prop
erty, except when authorized at il meeting of
the stockholders, after a majority of stock sub
scribed has been voted in favor of granting a
proposed mortgage; to appoint such officers as
the business of the corporation may require !;
and to make all necessary rules and bylaws
for the conduct of the business. and the same to
change at will.
ARTICLE ".
The purposes and objects for which this cor
p~oratiOn is formed are hereby declared to be :
To buy and sell real estate; to build, lease,
rent and operate hotels and other business en-
terprises, and to do any act necessary to sue
~cessfully 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
Vice president; or Ill the absence of both Of
these, on the Secretary.
ARTICLE VT.
The capital stock of this corporation is fixed
at FIFTY DOE.LA RS, divided into
Five Hundred Shares of One Hundred Dollars
each; and the corporation shall he authorized
to commence business as soon as Fifteen Thou
sand dollars OF its stock have been subscribed
for.
ARTICLE VII.
The business affairs of the CORPORATION shall
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 Board of Iii
rectOrs shall elect a president, vice-president,
secretary and treasurer. aud such other officers
as may he necessary for the management of
this corporation. 1t shall have power to fill all
vacancies occurring either by death, resigna-
ton or otherwise. The offices of secretary and
treasurer may be consolidated and held by one
person.
The following named subscribers to the capt.
tai stock shall constitute the first Board of d.
%rectors Jno W. Lewis, Bernard Bennett, G.
III. Cretin, L.. T.. Litteli, NJ. l.. Swords, E. NJ.
Boagni and JOS. NJ. Boagni, who shall meet
without delay and organize by the election OF a
president, vice-president. secretary and treas
urer; the said Board Of Directors and officers
to serve for one year from the date hereof; at
the expiration OF which time annually thereaf-
ter, a new Board of Directors and officers shall
be elected: A majority of the votes cast at a
meeting of stockholders shall elect-each stock
holder being entitled to cast, either in person
or by proxy, one vote for each share of stock
owned by him. Said election shall be advertis-
ed by publication of notice two weeks in a
newspaper published at OpelOusas, Louisiana,
and held at the office of the corporation in said
own All officers shall hold office until their
successors are elected and qualified.
ARTICLE VIII.
No stakeholder shall be held personally liable
for the faults of this corporation; nor shall any
stakeholder be liable for any debt or claim
against the corporation to a greater extent than
the unpaid balance due on stock subscribed
" VI oWHSl Wy Hill. NJ IIlioftItllty Ill OrSa0-
ization shall affect the liability of stockholders
or render this charter null.
ARTICLE TX.
This act Of incorporation can be changed, al
tered or amended, or the corporation be dis
solved, with the consent of three-fOurths of the
capital stock, represented at any general meet
ing Of the stockholders, convened for such pur-
pose, after thirty days notice shall be given of
such meeting, by publication in a newspaper
published at OpelOusas. Louisiana, and a written
notice mailed to each stakeholder ten days pre-
vious to such meeting.
ARTICLE X.
When this corporation is dissolved. either by
limitation or otherwise, its affairs shall be liG-
Undated by three commissioners elected for
that purpose by the stockholders. at a meeting
to be called as provided for in Article 9 of this
charter. The said commissioners shall remain
in Office until the affairs of the corporation are
liquidated; and in case of the death or resigna-
ton of any OF said commissioners. the remain
ing one or ones shall elect others to fill vacancy
caused thereby. The original subscription list
10 haratn anneyn6