Tensas gazette. [volume] (St. Joseph, La.) 1886-current, 1909-11-12
ACT OF INCORPORATION
OR THIS
PROGRESSIVE COMPANY, Lei.
STATE or LOUISIANA,


or THIS
PROGRESSIVE COMPANY, Iss.
STATE OF LOUISIANA, I
i BE IT KNOWN that on this issh day e
Notary Public, duly commissioned and qusl.
ined In and for the Parish of Tensas, sRa
State Of Louisiana, personally came and ap-
Parish of East Baton Rouge. Louisiana, and
DR.. Alfred Jacoby, resident OF the Parish
OF Orleans, Louisiana, and Leopold Devrfes.
lana, who declare to me, said Notary, that
they do hereby form corporation under the
laws of the State Of Louisiana for the pur-
and stipulations hereinafter set forth, to-wit:
ARTICLE l..
The name and style Of this Corporation
LrNrrKD,'' and by this name IL shall have
power and authority to exist and enjoy s1e-
cession for the full term Of Ninety nine tSo1
years from this date.
ARTICLE II.
The objects and purposes for which this
corporation Is formed, and the nature OF
business to be carried on by IL Is hereby
declared to be, to sell and buy at retail or
chandise as Is ordinarily carried in general
store, such as clothing, dry goods, shoes,
hardware, and the like, and for that purpose
to purchase or rent such real estate and
buildings as may be necessary, to name and
appoint such managers, officers or agents 20
the business Of the same may require. and
! to make all necessary bylaws, rules and
regulations for the government Of the Affairs
I OF the company, and to do all other things
TO successfully carry on the said business.
The domcile Of this company shall be In
the town OF Newellton, In the State Of Louis
lana, and all citation and other legal pro-
ceeding shall be served on the President OF
ARTICLE III.
The capital stock OF this corporation n
hereby fixed at the sum of Seven Thousand,
Five Hundred Dollars, divided into Seventy
Five shares Of One Hundred Dollars each.
And this corporation shall commence busi-
ness as soon as the whole OF the capital stock
shall have been subscribed. Its business
shall be managed by q general manager who
shall be elected by the Board Of Directors.
All transfers Of stock shall be made on the
books Of the company by the stockh older or
ARTICLE
All Of the corporate powers of this corpora.
ton shall be vested In, and exercised BY the
Board Of Directors, a majority Of whom shall
constitute quorum for the Transaction OF
all business. They shall make all bylaws.
r., rules s and regulations for the government Of
alter, amend and change the same at pleas
ure. They shall I'LL all vacancies which may
occur In said Board from death, resignation
The said Board OF Directors shall elect %
their first meeting, and annually thereafter.
make ali contracts for the S said corporstios.
purchase all goods, institute all suIts In the
name Of the corporation, and TO compromise
which the said corporation may Be- involved,
to hire and discharge all agents and clerks
and other employees and to fx their salaries.
in the transaction Of the business and Affairs
Of this corporation. The said manager IN 70
be subject to removal at any time on the vote
The frst Hoard of Directors of this corpor-
alton shall consist Of DR.. Alfred Jacoby,
as President, L. De vries, as Secretary and
hold their Office until the nfst Monday Of Oc-
tober, 1910, or until their successors have
been duly elected and qualified. On the nrss
after, an election for directors shall be held
ors then elected shall take their seats imme-
SUCCESSOR u shall S be duly we elected and eus-
lied. Each Board shall appoint Its own Of:
ncers. All of the corporate elections shall
e1t Sr GeU s1 sns and each !Ssrs
Of stock shall be entitled to one vote, 70 be
cast by the holder thereof or by his proxy,
on sha be e. IN
writing by the Secretary at least ten days
before election, which shall be sent By nail
eeet on the Gay :S: nSs
in any manner invalidate this charter. but
the Directors in ONCE shall continue 70 hold
sucC6b8OT8
and qualified, but another election may be
held at any time thereafter after Q ten days
notice in writing to each STOCKHOLDERS and
for TEN days prior 70 said S
Joseph, Louisiana.
whenever this corporation II dissolved
either by Limitation Of its Ghss,sr or Ssn .s
superintendance Of the stockholders OF the
company. The said liquidators shall remain
In Office until the AFFAIRS OF the said corpora.
ton shall have been finally closed and hgui.
dated.
This charter may be changed, modified or
amended, or this corporation dissolved with
the assent of q majority Of the stock st reg
ulsr meeting Of the stockholders convened
for the purpose after thirty days notice In .
newspaper published N the town Of ss; 10,
by written notice to the stockholders.
ARTICLE VII.
The President may in his discretion and
shall upon the written request OF cay two
stockholders OF this corporations call .
corporation, notice thereof shall be gfved IN
writing by the Secretary to each OF the stock.
holders OF the corporation.
ARTICLE VIII.
No stakeholder shall be held liable or re-
company in any further sum than the unpaid
balance due to the company, a0. fez5 Shares
owned by him. or shall any mere Informal
ity in fEanization have the effect OF render
I Ing this charter null, nor exposing any stock
holder for any liability beyond the amount
| OF his stock.
| ARTICLE TX.
/ Under the above entitled name and for the
| above expressed purposes the said corpora
| shall have the power to sue and be sued, 70
| make, have and use common seal, with such
devices and descriptions as they deem prop
/ they may desire.
In testimony whereof the said parties have
hereuntO signed their names In the presence
l Of Chas. KOhn and w. w. Middleton, com
petent witnesses, who sign these presents
| with the said parties and me the said Notary
| on the day and date first herein written.
| L. de Vries. fifteen lisj shares.
Adolph Elgutter -. Fifty (50) Shares.
- w. W. MIDDLETON,
| hTFkSf CHAs. KoHN, in.
LOUIS BUCKNER, Notary Public.