The Rice belt journal. (Welsh, Calcasieu Parish, La.) 1900-19??, 1913-05-09
CHARTER

NI1AK lex
Of
ROCK MANETHo STOCK COMPANY
LIMITED.
State of Louisiana,
Parish of Jefferson Davis.
Be 1t known and remembered that on
this Twenty Fifth day Of March A. d.
1919, before me, H. Albert Davidson.
Notary Public, duly commissioned.
qualified and acting, in and foresaid
parish and state, and in the presence OF
the undersigned lawful witnesses,
personally came and appeared in the
persons whose names are hereunto
subscribed, who declared that availing
themselves OF the laws OF the state OF
Louisiana relative 10 the formation and
organisation of corporations, they do
hereby form themselves, as well as all
those who may become associated
with them, and their successors, into
corporation and body polite for the
objects and under the Stipulations,
articles and conditions following, to.
wit:
Article /. The name and title of this
corporation is declared to be ROCK
MANETHO STOCK COMPANY LTD"
and under said name 1t shall sue and be
sued and stand in judgement. and shall
enjoy succession for the period OF nine.
ty nine years from the date Of this
charter.
1t shall have and use a corporate
seal, and break or alter the same at
pleasure. Its domicile is declared to be
Welsh, Jefferson Davis Parish Louis.
lana; and all citations or other process
shall be served upon its president, or in
his absence upon the vice.president.
Article II. The purposes and bust.
ness of this corporation are one or
more of the following: Raising and
dealing in thoroughbred stock consist.
ing OF: horses, mules, and in fact any
and all kinds Of live stock, and to this
end the owning leasing or otherwise
controlling transporting operating in
any way or manner the said property
herein described OF other property
necessary or useful to the business as
is usually contemplated for conducting
the raising and dealing in live stock.
Article Ill. The capital stock of this
corporation Is fixed at $5000.W Five
Thousand Dollars and no one hundred
divided into five hundred shares of a
per value of Ten Dollars each. All
stock subscribed for must be paid for
in cash or property not less than par
the certificates OF stock shall be signed
by the president and secretary, and
shall not be issued until paid for and no
transfers thereof shall bind the corpor.
alton until the same is made on the
books OF the company.
Business may be begun under this
charter when two hundred shares shall
have been subscribed for and paid in
full.
Article w. The powers of this cor.
poration are vested board of directors,
composed of four stock holders, three of
whom shall be necessary to form
quorum, who shall be elected at the
regular annual stockholders meeting
until their successors are elected and
qualified. On the day Of their qualiflca.
ton, they shall elect from their number
a president, vice president, and
secretary and treasury, who shall hold
office until their successors are elected
and qualified. The board of directors
shall have full control of the business
of the corporation, and may adopt such
rules, regulations and by laws as may
be deemed expedient. Until the first
election, the board of directors shall be
composed of DR.. W. L, Stewart, A, r.
! McDurney, Wade e. PlauChe and Ed. S.
Goodreau. All of Welsh, jefferson
| Davis Parish, La. and until the first
election of officers, Dr.. w. l.. Stewart
shall be president A. R. McBurney
vice president Wade E. Plauche secre-
tary, Ed. S. Goodreaux treasurer,
| Article V. A regular annual meet
ing of the stock holders shall be held
on the first Tuesday after the first
Monday of April of each year, special
meetings shall be held at any time upon
the call of the president or OF the vice
president and secretary and treasurer.
But no regular or special meeting shall
be held until after fifteen days written
notice served on or mailed to each
stockholders.
Article vi The duties of the officers
shall be such as are usual to their re-
spective positions, together with such
other duties as may be prescribed by
/ the board of directors.
Article VII No stakeholder shall
never be held liable or responsible for
the contracts of faults of this corpora.
ton in any further sum then the I'm.
paid balance due the corporation on the
shares OF stock owned by him nor shall
i any more informalities in the organiza.
ton of this corporation have the effect
of rendering this charter null, or of ex.
posing any stakeholder to liability be.
ryond the unpaid balance of his stock
4 Article VIII This charter may be
altered or amended at regular Oh
special meeting by the vote ,of stock
holder owning three fourth of the
stock, provided notice of the propose
to amend has been served on or mailed
to the stockholders as provided il
Article v
At the termination or dissolution O
this corporation, its affairs shall bt