The Bossier banner. [volume] (Bellevue, Bossier Parish, La.) 1859-1952, 1913-07-24
CHART b r
The Haughton Gin Company

State of Louisiana, Before me, the un-
Parish of Bossier. dersign au-
thority, personally came and appeared
S. j. West, R. M. Sandidge, T. H. Law
renee, G. B. Smith and j. B. Oneal, who
declared that, availing themselves of the
provisions of the laws Of this State rela-
tive to corporations, they have COW
enanted and agreed, and by these pre-
sents covenant and agree, and bind
themselves, as we'll as other persons as
may hereafter become associated with
them, to form and constitute a corpora
ton and body polite in law for the OBJ
jects and purposes and under the stipu-
lations and conditions following:
ARTICLE 1.
The name and title of this corporation
shall be The HAUGHTON GIN COMPANY,
and its domicile is hereby fixed and es-
tablished at Haughton, Bossier Parish,
Louisiana, and under it's said corporate
name said corporation shall have power
and authority to contract, sue and be
sued, to make and use a corporate seal,
and the same to break or alter at pleas
ure; to hold, receive, have, purchase,
improve, ALLEVIATE, convey, borrow,
pledge, mortgage, and hypothecate
under it's said corporate name, property,
real, personal, and mixed, and to do all
things and acts permitted by law and
necessary and proper to carry on the
objects and purposes of said corporation.
The president, or in his absence, the
vicepresident, shall be the proper per-
son upon whom legal process shall be
served. This corporation, unless sooner
Iiccolvo1 in aooor1apao I'll re- oI., tor
shall exist and endure for period OF
ninety-nine years from and after the
| date hereof.
| ARTICLE II.
The objects and purposes for which
| this corporation is organized and the
nature of the business to be carried on
| by it are hereby declared to be for the
construction and operating of a public
ginnery in the town of Haughton, La,
said parish, and to operate grist mill,
and to buy and purchase cotton and cot
ton seed, and to dispose of same, and
generally to do such acts and things as
are necessary or incident to the purpo-
ses herein set forth.
ARTICLE III.
The capital stock of this corporation
shall be Five Thousand Dollars (S5, 0OO)
divided into Fifty Shares of One Hun
dred Dollars (S1OO each. The corpora
ton shall be considered as going con-
Germ when Four Thousand, Five Hundred
Dollars "a 500 shall have been sub.
scribed for, and Two Thousand, Five
Hundred Dollars (S2 500 actually paie
in, and the balance shall be paid when.
ever the Board of Directors shall de.
mand it.
i ARTICLE ".
The corporate powers of this compan,
shall be vested in and exercised by
board of five directors, who shall for tn,
present be S. j. West, r. M. Sandidge
T. H. Lawrence, G. W. Smith and j. B
Oneal, of which board G. w. Smith shall
be President, 7. H. Lawrence Vicepres
ident and r. NJ. Sandidge Secretary an,
Treasurer, who shall hold their office
until the next regular meeting of tn
stockholders for the selection of tn
Board OF Directors, which shall be he'll
, not later than the 18th day of June, 1914
: and annually thereafter. Stockholders
: meetings shall be held, of which meet
ings notice shall be given by writte