The Madison journal. (Tallulah, Madison Parish, La.) 1888-current, 1913-06-07
CHARTER
of the
MANSFORO LAND COMPANY.

of the month of April. in the year 1913,
before me, Jonn h. Yerger, Clerk OF
Court and ex-officio, a Notary Public,
duly commissioned, sworn and qualified,
in and for the Parish of Madison, State
of Louisiana, and III the presence OF the
witnesses hereinafter named and under
signed, personally came and appeared
the several persons whose names are
hereunto subscribed, who declare that,
availing themselves of the laws OF this
state is such cases made and provided
relative to the organization of corpora
tions, they have formed and by these
presents do form themselves, their as
sociates, successors and assigns into
corporation for the objects and pur-
poses and under the stipulations herein
after set forth. which they hereby adopt
as their charter, tO-wit:
ARTICLE /.
The name and title of this Corpora
ton is hereby declared to he MANS
FORD LAND COMPANY, and it
shall have and enjoy corporate success
sion for period OF ninety mine years
| from this date, and shall have and eIer-
else for the purpose of the business to
be carried on by it all the powers con-
ferred by law upon corporations, in
1 GLIDING the power to hold receive, pur-
I chase, issue, convey, sci, mortgage,
! pledpe and exchange, and Otherwise
acquirs.and ALLEVIATE property, both real
and pefsonal, in the prosecution OF its
BUSINESS, to IMPROVE and plant and
operate real estate; to conduct general
mercantile business in connection with
the planting operation; to contract, sue
and be- sued; to make and use, If 1t so
desires, corporation seal, and the same
to alter and break at pleasure; to-
make bylaws and rules for its govern
| mept. and the same to alter or amend
or repeal at pleasure; to make and en-
ploy such managers, directors Officers,
agents and employees as its interest ana
convenience may require, and generally
TO exercise all the powers necessary to
carry OH its said business.
/ ARTICLEII.
The domicile of this corporation shall
be at Mansford, In the Parish OF Madi-
son, State of Louisiana, and all citation
and other legal process shall be served
ON the President, and in case OF his alb
sence or disability, OH the Vice-Presi-
dent, or OH the Secretary Treasurer.
ARTICLE iii.
The objects ard purposes, for which
/ this corporation is organized, and the
, nature of the business to be carried OH
by it are hereby declared to be: To
, buy, sell, lease, mortgage, exchange or
otherwise ALLEVIATE or acquire, and gen.
. eralIy to deal IN real estate, improved
or unimproved, in this parish OF else
I where, for its own account or the ac-
y count of Others, as principal or agent,
q on commission or otherwise; to improve
the same, and generally TO carry on a
: real estate business in this Parish and
( elsewhere, and to do any and all things
, connected with or appertaining 20 the
said business, including conducting CT
0 the plantation business and general
n mercantile business in connection there
with.
Il =. ARTICLE. w.
The capital stock of this corporation
y | is hereby fixed at the sum of Three
J Hundred and Seventy-five Thousand
VI Dollars. divided into Thirty seven Hun
y dred and Fifty shares, at the par value
e of One Hundred Dollars each, which
II shares shall be paid in cash, or in PROB,
lerty received, or in labor done. at sucr
n time or in such manner as the Board o!
tDirectots shall determine. This cOrpO'
ration shall have the right to commence
t; jbrsi1ess when all of the capital stoci
shall have been subscribed for. Al
the transfers of stocks shall be made on
the books of the Company, on the sur
render OF the outstanding certificate
and pursuant to such rules as the BOar(
IL of directors may prescribe. Said cap
T. Ilal stock may he increased in accord
IL ance with the laws of this State.
Re .-.a ARTICLE v. ..."
The Officers of said Company shall b
la President, Vice-fresident, and
IL Secretary Treasurer, and they shal
e lconstitute the directors and be electe
Of to the Office at the same time that th
Nv Directors are elected.
ne The affairs of this Corporation sha
'ir be managed by Board OF Director
consisting of three stockholders, an
IN the SAID Board shall hold office ior
ltermof five wears from the date OF thel
election. The first Board of director
of this Corporation shall he w. Z
tWard, W. N. Smith and Neal I. Holt
and the future elections shall be hel
IN OH the first Monday in April, 1918.
All future elections shall be py ballC
under the superintendent OF two con-
e. missioners appointed by the Board, AL
u. each share of stock shall be entitled
one vote, whether cast in person by I'll
q. registered owner, or by his proxy or h
he representative. =,
Tine officers for this Corporation, fl
NV the term ending with the first Monda
9. in April, 1918, shall be:
ill W. II. WARD, President.
att W. N. SMITH, Vice-President.
III: NEAL T. Holt, Secrepry-Trea
All future officers shall be elected
tn the Board of Directors at their mr.
Injecting.
q. 4 And the said Directors and Office
tshall continue in Office until their SUI
as cessors are duly elected and qualifle
and the Corporation shall not be oil
~ solved or affected by failure to hold ~
~ Regular meeting thereat, but In case
SuEh failure, said meeting and electi'
ny shall be held as soon thereafter as po
'pe sible. ANY vacancies on the Board .
or directors, caused by resignatio
20, death or otherwise, shall be filled
10, the remaining members of the Board.
ine ARTICLE vi.
ng At the termination of this charter
eat limitation or otherwise, the busine
ID and affairs shall be liquidated by II
i'd commissioners, to be appointed fire
md among the stockholders at a meeti