The Opelousas courier., 1905-12-16
r.
Or THE
LAND COMPANY, Limited
STATE OF LOUISIANA, I

STATE OF LOUISIANA
PARISH OF ST. LANDRY.
Before mo, George 7. Edwards, a Notary
Public duly commissioned, qualified ana
sworn, in and for said Parish and State, and IN
the presence of the undersigned witnesses,
personally came and appeared 8. IL. Nigh,
LeOnce f. Littell and Ernest X. Eastman, VINO
severally declared:
That. availing themselves OF the provisions
of Act No. SO, of the General Assembly for the
wear 1888, and of the laws OF the State OF
Louisiana, relative to the formation and gov
ernment of corporations, they do by this act
and instrument of writing. for themselves and
for such other persons as may become as,
ISOLATED with them, form themselves and SAID
persons into Il corporation, hereinafter defined;
and they do hereby agree to the following
stipulations. to-wit: -,
corporation shall be, THE KENT LAND COM
PANY, LIMITED, and its domicile shall he
at Opelousas, Parish of st. Landry, State OF
Louisiana.
ART. H.-This corporation shall enjoy sncces-
sion for the full term and period of Ninety
Nine years. from the date of this Act.
This corporation shall have power to make
and use a corporate seal, and the same to alter
and change at pleasures; it shall have the power
to contract, sue and be sued; to bold, receive,
purchase, lease, sell, and convey, and dispose
of for profit, real estate and personals; to
hypotliecate and mortgage its real property
and personal effects, but no mortgage on its
real property, except when authorized at a
meeting oI TIT SGOCku OltCIS Il ffuJoIlt
issued has been voted in favor of granting a
proposed mortgage, except for purchase money
for real estate. as to which the managing Off
GERS may mortgage the real estate purchased;
to acquire, purchase, own and lease, mineral,
oil, gas and timber lands and timber rights.
and rights of way, and to sell. dispose of for
profit, lease, rent, operate ana deVelop the
same, and to engage i'll and conduct q general
timber business and lumber business in the
State of Louisiana and elsewhere. To acquire,
own, sell. handle. convey and transfer trees,
l--, iytkxt finp ofnyac tJnhap anG fnpnSt
pI oducts or any manufactured products of
same, and to make contracts i'll reference
thereto; to own. operate, acquire, Dtly ana
sell, rent and lease saw mills, planning mills,
machinery, appliances. lands, houses, boats.
tramways and pole-roads and rights of way for
the transportation, conveyance. hauling, saw
ing or manufacturing of any and all of said
prnducts.
TO operate farms and stores. and buy and
sell such merchandise and other personal
property. and in general, to do all things it
may deem necessary to the proper conduct of
the business of this corporation. in the state
of Louisiana and elsewhere, not inconsistent
with the laws of the United States and the
State of Louisiana.
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.
ART. HI.-All citations of process Of law
shall be served on the President; or in his
absence, on the Secretary.
ART. IV.-The Capital Stock of this corpora
ton is fixed at Two Hundred and Fifty ThOus-
and Dollars, (s250. 0OO), divided into twenty-five
Hundred Shares of One Hundred Dollars each,
and the corporation shall be authorized TO
commence business as soon as Five Thousand
Dollars, $4,000. Of the Stock has been sub
scribed for, and at such time as the Board of
Directors may, by resolution, direct. Said
Stock subscribed shall be paid for either in
cash or by the sale and transfer to it of real
or personal property, for fhe uses and purposes
of SAID corporation. or for services Of any
stakeholder or subscriber or other person, in
| ma vnpnf Af w liph Sh1FnS nP (nnitn1 St0rR nf
said corporation may be issued, and the Capt.
tai stock so issued, shall thereupOn and there
by, become and be fully paid up and non-as-
sessable; and in the absence of actual fraud in
the transaction, the Judgment of the Directors
as to the value of the property purchased or
services rend' red or contracted for. shall be
conclusive.
ART. V.-The affairs of said corporation
shall be conducted by a Board of Directors.
consisting of not less than three, 3). nor more
than five, tl, holders of the Capital Stock of
said Company, a majority of whom shall con-
stltute a quorum.
The Beard of Directors shall elect a Presi-
dent, Vice President, Secretary and Treasurer,
and such other officers as may he necessary
for the management of this corporation. It
shall have power to fill all vacancies occurring
either by death, resignation or otherwise. The
offices of Secretary and Treasurer may be con-
solidated and held by one person. The follow
ing named subscribers to the Capita Stock,
shall constitute the first Board of Directors:
s.. Ell. Nigh. l.. E. LittelI and Ernest K. East
ham. who shall meet without delay and or
ganize by electing q President, Vice President
and Secretary and Treasurer. The said Board
of Directors and officers to serve one year from
date thereof, or until their successors are regn-
larry elected and qualified. The annual meet
ing shall be held on the 3rd Tuesday of Novem-
Der, at which time the Board of Directors and
cast at a meeting of Stockholders shall elect;
each Stakeholder being entitled to cast. either
in person or by proxy, one vote for each share
of stock owned by linn.
Said alppfinp shall ha alvnptisnl hu nulIino-
ton of notice ten f10) days ahead. in a news
paper published at Opelousas. Louisiana, and
held at the office of the corporation in said
town.
ART. Vino stakeholder shall be held per-
sonally liable for the faults of this corporations;
nor shall any stakeholder be liable for any debt
extent than the unpaid balance due on Stock
subscribed for. or owned by him. No infor-
mality in organization shall effect the liability
of Stockholders, or render the charter null and
void.
ART. vII-Ar notes. bills. drafts and any
other instrument binding this corporation to
the payment OF money. or to the performance
of any eontractual obligation. shall be signed
by the President and Secretary.
ART. VIII.-This act of incorporation may
be changed. alter ed,or amended, or the corpo-
ration be dissolved, with the consent at three
fourth of the Capital Stock, represented at a
General Meeting of the Stockholders, convened
for snch purpose. 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 stock,
holder ten nW days previous to such meeting.
ART. IX.-When this corporation is dissolved,
either by limitation or otherwise, its affairs
shall he liquidated by three () Commissioners
elected for that purpose by the Stockholders,
at a meeting to be called as provided for in
Article VIII of this Charter; the said Commits
sieners shall remain in office until the affairs
of the corporation are liqnidated and in case
of death or resignation Of any such Commits
sioners, the remaining ones shall elect others
to fill vacancy caused thereby.
The original subscription list is hereto an
| nexed, and made a part hereof.
Thus done. passed and signed at Opelousas.
Louisiana. on this Twenty-seventh day of
November, A. d. 1905. in the presence of T. P.
| Bowden and John w. lewis. competent wit
nesses. who have signed with the appearers
Witnesses: (Signedl
JEo. W. LEWIS, f.. K. EASTMAN.
T.. P. BowDEN. T.. F. LITTELL,
}sEa1,( GEO. 7. EDWARDS.
{ Notary Public.
State of Louisiana, I
Parish of st. Landry.
I have examined the within and foregoing
act of Incorporation. and find nothing therein
in conflict with the Constitution and Laws of
the State of Louisiana, I therefore, approve
same.
27th day of November, A. u. 1905.
Signed, r. e GARLAND.
Dist. Atty.
10th Judicial District.
Opelousas. La, Nov. IS. 1905.
The undersigned subscribe the amount set
opposite our respective names to the capital
stock of the Kent Land Company. Limited, and
hereby obligate ourselves to pay the same in
such amounts and at such times as the Board
of Directors to be hereafter constituted, shall
determine.
Name p. Q. Shares Amount
E. Z. Eastman, opeiousas, La. II s17Oo.oo