Tensas gazette. [volume] (St. Joseph, La.) 1886-current, 1911-07-07

1 FlON %. Ut. JOSEPH. La And such cor.
er to make aud use. and the same to breal
and alter at pleasure.
ARTICLE III.
The d0micle OF this corporation n declared
70 he the Town Of st. Joseph IN the Parish
90 Tensas; State Of Louisiana. And at the Of
nee OF said corporation at said place OF dom
icle shall he held all m efings OF the Board
OF. Directors and Stockholders of said cor
ARTIcLEIv.
All citations and other legal process shall
De served upon the President. or In his alb
sence. upon the vice-presidenf. and In the
absence OF both President and Vice-pre
dent upon the Secretary OF said corporation
ARTICLE
The objects and purposes for which this
| corporation has been organized and the ma
are declared TO he:
To purchase. lease. acquire. exchange and
hold property both real and personal. and
the same TO- sen, exchange and dispose Of:
to engage In agriculture and to buy. SELL
manufacture and exchange agricultural pro-
ducts; to acquire. hold. sell and exchange
and operate, hold and dispose Of. saw-mills.
cotton gins. cotton factories. oil mills grisf
mills. ice factories. brick kilns. to manufac-
ture tiles. to establish town sites. to construct
ana repair buildings. to establish and operate
electric power plants. TO conduct and carry
on mercantile business. Wholesale or retail
or both. TO raise and deal in horses. mules
cattle. hogs. sheep and other domestic ami
mails. aud domestic fowls; to establish and
operate cold storage and packing plants and
20 DO and perform all other such matters as
or rP sor sSe o. sue
cessfui conduct or operation OF the purpose
and business and occupations hereInsbsve
And 20 the above ends this corporation
shall have power and authority to borrow
money to issue bonds and promissory notes,
and 70 secure the same by mortgage. lien
and privilege upon its property, real, per-
sonal and capital stock.
And further, to subscribe for, purchase,
scquire. hold own. sell. transfer, exchange
porations or such other corporations a. may
hereafter be organized within the State OF
Louisiana as shall be engaged in business or
pursuits nereinaboye contemplated.
ARTICLEvI.
The capital stock of this corporation A
hereby fixed at Three Hundred Thousand
$500 900 900 .00l divided into and represented
by Three Thousand shares Of the par value
Il 0ns 6d ar H DoIIars each Two
e be at once Issued 70 the incorporators
hereof and she Remaining Eight Hundred
Fifty shares TO be held as Treasury stock
subject subject 20 the order and viii Of the Board Of
said stock shall be paid for in cash, at such
time, In such amoDnts and after such notice
Board Of directors. or the same may be ia
sued at not less than par for labor done or
property actually received By the corpora
All transfers Of stock in this corporation
must be made upon the books OF ssid Com
pany ~ its ONCE upon the surrender OF the
certificate Of stock 30 70 be Transferred. >.
therefor; and no transfer Of any fractional
part OF share OF stock shall be made.
This charter shall become operative and
20 do business - soon e Ten thousand Doll
lA,s lsie. oco:oo) Of its capital stock has been
No sfockhoider shan ever be held liable for
she contracts or faults OF said Corporation In
any further sum than the unpaid balance due
the corporation on the shares OF stock owned
y h: :ss sey IN IN
charter null, or Of exposing stockholder TO
any liability beyond the unpaid amount re-
naming due on his stock.
ARTICLE VII.
The Board Of Directors of this corporation
ali the corporate powers q said Corporation lion
snail De vested in and exercised By said
said Board Of Directors 70 be elected an |
nualIy q meeting Of the stockholders OF
this corporation TO be held at the ONCE here
Of In the Town Of st. Joseph. Louisiana, on
the nrst Tuesday in she month OF Nay Of
All such elections shall be held By ballot At |
the once OF said corporation, under the su-
pervision Of Three commissioners 70 be ap-
day and date hereinabove specified, notice
OF such elections shall be giyen by the Score
tsry Of said Boa-d Of Directors by publIca-
paper published in She Town Of s.. Joseph. |
Parish Of Tensas. State OF Louisiana.
Al All such elections and at all corporate |
meetings OF the stockholders Of said corpor-
alton majority OF the outstanding stock Il
shall be necessary 20 constitute = quorum,
and every stockholders shall be entitled 70 1
one vote for each share OF stock standing In /
be cast In person or by his written proxy,
provided that no vote on any share Of stock L
transferred within zen days prior 20 such Il
election .'la shall De allowed; majority Of she
A failure 20 hold such election, or, II held. |
20 elect Board Of Directors shall not dis
solve tnis corporation, nor impair its corpor-
once shall remain In ONCE with powers un. L
in2eirea snfii their successors are elected
me Directors hereof shall Immediately
upon being iaducted into ONCE elect one OF
tneir members TO be President Of said Com
pany, smother 70 be Fice-president and an
other 20 be Secretary and Treasurer thereof;i
and they may elect an Assistant Secretary. Il
who shall NOS necessarily be . member OF
said Board OF Directors or stakeholder In
said corporation.
empowered to appoint. employ and engage
all other such Officers, agents and servants
40 may be necessary for the purposes OF this
corporation, and TO 1x the Compensation Of l
the same; they shall have power 10 f1x and /
1enne the duties OF every oficer, agent and |
employee and all such of1cers agents and /
emplcyees shah hold once and employment |
81 the pleasure Of said Board.
All vacancies occurring In lie membership,
az destn, resignation or otherwise, shall be
Said Board Of Directors is authorised and |
empowered 70 make and establish, alter and
amend any and All bylaws, rules and regu-
TOR tae conduct. support and management Of
the business and s6sfrs OF this concern.
And said Board Of Directors IL further
specially authorized 70 borrow money
buy end sell property. make and enter into
execute mortgages, liens and
pledges. issue bonds, notes and other obif-
gatlons, and generally 20 do ali things reas-
proper co41rct and carrying on Of the busf- /
ness OF aid corporations; and shall issue
shares Of stock In accordance With the pro-
Visions Of this charter.
ARTICLE VIII.
This charter may be modified, amended or 1
altered, and this corporations may be dis.
solved by the assent OF Three -fouffhs OF the
amount OF the outstanding capital stock rep
resented af general meeting convened for
s1ch PURPOSE after Thirty Days notice shall
have been given OF such meeting and ifs pur-
pose by advertisement IN Q Newspaper pub
Iished n the Town OF 81. Joseph. Louisiana,
each Of the stockholders Of record OF said
The capital stock hereof may be increased |
IN the manner and form provided by the gem
eraI laws OF the State OF Louisiana IN such
case made and provided.