The Colfax chronicle. [volume] (Colfax, Grant Parish, La.) 1877-1981, 1909-06-12

or THE
GOIfdx Real Estate Company, Ltd.
STATE OF LOUISIANA,
parish of Grant

STATE OF LOtISIANA,t
Parish of Grant.
Personally came and appesied before me, tn
undersigned Notary Public, duly commissioned
and qualified In and for the Parish ~ Grant.
state Of Louisiana. the parties whose names
hetunto subscribed, who declared that availini
themselves III the provisions of the laws Ut tn.
State r,-ative to the formation OF corporations
and especially of Act No. NJ Of the General Assem-
bl of Louisiana for the year lsSs. and also
,e..ialiy al the provisions OF Act No. Is Of the
Acts Of said Assembly for the year 1904. they
have rovenanted and agreed. and do by these
presents covenant and agree and bind themselves
ar well as such other persons may hereafter
becoI associated with them. to form and con-
stitute corporation and body polite in law. Tor
eh- d, r, oses and objects and under the terms
stipulatons. articles and conditions following
to-wit:
The name anu tl,se %, the said corporation
sh tiI be "THE COLFAX REAL ESTATE
C.,Ss A ny, LIMITED" and its domicile Is
hereby fixed and established in Coiiax. Grant
ID. rish state OF Louisiana. and under Its corpor-
ate name said corporation shall have power to
su. AID be sued. to make and use corporate
seal AID the same to alter and break at PLEASURE
TO hod receive. have. lease rent. purchase. i'm
IFovc,- alternate. convey, sell. pleugp, mortgage
and h,puthecate under its corr orate name. prup-
erty, seal personal and mixed. to name and ap
point such officers. directors. agents, MANAGERS
and po sess the interest or convenience OF
said corporation may require. to make and es-
tabi sh bylaws. rules and regulations for the
proper management and regulation of its affair.
anu to change aud alter the same at pleasure,
and to do all other acts and things permitted by
law, such shall OF may be necessary to carry
OUT tie objects and purposes OF said corporation
= Sniu corporation. unless sooner dissolved In
aeror,- ancc with its charter shall exist and
tiiue or the psriod OF nifty years from aud aftel
the ate hereof
Thu President. or in his absence the Vice Presis
dent, shall be the proper person upon whom cita-
ii, or other legal process shall be served
ARTICLE TWO.
The objects and purposes for which this corpor-
att, IL organized and the nature of the business
to e carried on by it, are DECLARED to be the fol-
lowing. to-wit: To purchase improve buy SELL
leu, e. rent, pledge, mortgage. and hypothecatr
property real. personal and mixed, and generosity
to exercise the powers. functions AID authority
conferred and enumerated in Article No. of this
charter. and TO engage In the business Of develop
| ing and of promoting the development of tht
mineral resources of the lanus embraced In the
holdings OF this corporation, and to this end to
lease rent buy. sell. convey. pledge. mortgage
/ and hypothecate the lands and the minerals In.
on or under the lanus. such as oil. gas. water.
salt. sulnhnr. lead. copper silver. gold or other
METALS salts, acids ana alkalies may be there
| in, and to buy and sell rights OF way for pipe
| lines. railroads, tram roads, aud all other rights
u way and privileges appurtenant thereto. az
| well as locations and sites for the construction
| Of tanks, reservoirs derrcks wells. shafts. tun-
| nels bitches. canals, dams, locks and pumping
/, tatious. and generally to do all acts. to enter
E.nto all contracts and do all things necessary foi
| The purposes aforesaid and for the purpose OF
a rrying such business whether BY purchase
ior cash. credit. exchange or otherwise. and t.
n ents notes, transfers. sales and contracts net
k,. sary and proper TO carry out the purposes
erein set forth in Articles Onr and Two.
ARTICLE THREE.
The capital stock Of this corporation shall b.
twenty-five THOUSAND DOLLARS
SIS 100. 00) divided into two hundred and Mt,
shares at the sum Of One Hundred Dollars t$1UU
each, which said stock shall be paid for In cash
or the same may be issued at sum not leSs thai
par In payment or exchange for property ol
rights actually received OF purchased By sal,
tcorporation, or the same may be issued foil,
laid for money advanced for the use OF said cur
oration provided that no stock shall be ssuet
until the consideration therefor has been receives
10y the said corporation Any stockhoder ma,
FELL assign or transfer his stock. the transfer Il
be- made the books of the company at its offio
in Colfax. Grant parish Louisiana, and sur
render Of the certificates OF stock SO sold AM
transferred
The corporate powers of this company shall b
vested IN aud exercised by board Of ave diree
tors consisting OF the president. the vice psesl
dent. the SECRETARY -treasuter. and two otbe
stoc khoders. Three members OF said boar
shall coBStitute a quorum for the transaction O
business and their DECISIONS shall be valid cor
Iporate acts Until the election OF officers a
hereinafter provided In this charter. r. s Cam
: teron shall be President: J. W. Duncan. Vic
President : aud II. l.. 6ranan,,- SECRETARY an,
, Treasurer: and said officers. together with tn
following named stockholders. shall eonssitnt
the board Of directors. Oscar Shanks and J.
McNeely. No person shall be eligible as a dires
tor ofnesr 81 this corporation who is not
stakeholder therein
| said Officers and said board OF directors aha
continue In office until the arst Monday In IN
month OF May. A. d., 1910, on which date an
thereafter annually president. vice presiden,
n secretary and treasurer and a board Of dire
tors for the year ensuing shall be elected By
general meeting Of the stockholders convened 10