The Donaldsonville chief. [volume] (Donaldsonville, La.) 1871-current, 1913-04-12
CHARTER
CONSUMERS COAL AND SUPPLY
COMPANY.

/
! CONSUMERS COAL AND SUPPLY
COMPANY.
/ HE IT REMEMBERED, that on this,
| ID the LIST day of March, in the year
| nineteen hundred and thirteen, before
| commissioned, sworn and qualified in
and for the parish of Ascension, La,
and in presence of the undersigned
competent witnesses, personally came and
appeared the parties whose names are
hereto subscribed, all OF full age. resi-
dents of this parish, who declared that,
awaiting themselves of the laws OF the
state of Louisiana relative to corpora
| lions, and especially Act No. IS of 1904,
| they have convenanted and agreed, and
| by these presents do covenant and
agree, and bind themselves, as well as
such other persons as may hereafter be-
come associated with them, to form and
constitute a corporation and body polite
/ IN law, for. the purposes and objects
!, and under the stipulations, articles ana
conditions following, toWit:
ARTICLE l.
| The name and title of the said cor
porati shall be the CONSUMERS,
COAL AND SUPPLY COMPANY and
it's domicile is hereby fixed at Donald
sonvlIle, Ascension parish, LOUISIANA.
and under it's said corporate name, said
| corporation shall have power to con-
tract, sue and be sued; to make and use
| a corporate seal, and the same to
I DEGak ana dlLeE at pleasure, To liold,
receive, have, purchase improve, aliep-
ate, convey, sell, borrow, pledge, mort
SaSe and nypotnecate, unuer IT'S SAID
I corporate name, property, real and per-
such officers and directors, agents,
| managers and employees as the inter-
| est or convenience OF the SAID corpora
/ ton may demand, and to make and
| establish bylaws, rules and regula-
4 lions Tor the government or the said
corporation, as may be deemed necessary
ana proper; and the same to cnanse
and alter at pleasure, and generally 10
| do all other acts and things permitted
by law, or such as shall be necessary
] and proper to carry out the purposes of
! the said corporation Said corporation,
unless sooner dissolved in accordance
| with its charter, shall exist and continue
Eor a period OF nlnety-nine $3.50 Nears
/ Som the date hereof. ~
ARTICLE II.
The president, or in his absence, the
! vice president, and in the absence OF
both, the secretary treasurer, shall be
the proper person upon whom all legal
/ process shall be served in accordance
/ with the laws OF this state.
AisT1e,EE III.
The objects and purposes for which
this corporation is organized and the
nature OF the business TO be carried on
! by it are declared to be the following.
/ to-Wit: To buy ana sell all manner OF
Goals, sands, wood, feedstuffs, oils and
all manner of goods and merchan-
Gise. either, for cash Or on erediss re-
Ssall or wholesale; TO purchase, Ehold,
lease, own, mortgage, pledge, sell, con-
vey, improve and haaale all manner Of
! property, real, personal and mixed; to
buy, sell and deal in all manner Of
/ building material, and generally to do
/ all acts and things necessary, incident
or proper in carrying out the purposes
of this corporation,
ARTICLE ".
Is hereby fixed at the sum of ten
/ thousand ($l0GU0) dollars, divided inIo
and represented by one hundred (1UV)
shares of the par value of one hundred
dollars each, which said stock shall be
| paid for in cash at the time of sub
I scription, or the same may be issued at
not less than par in payment OF ex-
change for property or rights actually
received or purchased by said corpora
| tion, or the same may be issued fully
| paid for money advanced or for Sucn
other valuable consideration as the
board of directors may determine; -
yided, no stock shall be issued until the
consideration therefor is actually re-
celVed by the corpora ton.
Any. stockholder may sell, assign or
provided thirty days prior notice Of
such intention to SELL assign or transfer
the same be given to the company, and
the other stockholders thereof shall
! the same, after which thirty days the
stock may be sold in open market
The stock of said corporation may be
transferred under the above conditions
provided such transfer thereof be made
on the books of the company at it's Of
flee in Donaldsonville, Louisiana, and
on surrender of the certificate therefor.
NO transfer Of fractional share shall
be made.
This corporation shall commence do
ing business and become a going con-
Germ as soon as three thousand dollars |
nf ittyf ttrJr H..
seribed therefor. The board of directors
shall have power to determine how
much stock shall be issued.
ARTICLE V.
The corporate powers of this corpora /
ton shall be vested in and exercised by /
a board of five directors, consisting of |
the following officers, to-wit: A pres
ldent, vice president, and secretary |
treasurer A majority OF said board |
shall constitute quorum for the trans |
action of business, and their decision |
shall be. valid corporate acts.
The following persons shall consti- |
Iute the board of directors, to-wit: S. |
Goette. r. N. Sims. J. Rumsey Duke. |
Z. e. Duke, H. Vernon Sims, with R. N, |
Suns as president, II. Vernon Sims as
vice president, and J. Rumsey Duke
as secretary-treasurer.
No person shall be eligible as a di-
rector or officer who is not a stock !
holder. The above board of directors
and officers shall continue in office i
oieii 1iic SsccHu sIueSudy OF Mafcn, 1919,
on which day and annually thereafteTfa
board Of five directors shall be SELECT
ed on the second Tuesday OF March Of
each year. unless the said day should
be legal holiday. in which case the
election VIII be held the day following,
Notice of such election shall be given to
each stakeholder by mailing notice at
his last known place of residence, at
least ten days preceding such meeting
provided an acknowledgment of such
notice shall be sufficient, which aeknoW1-
edgment shall be spread upon the min
utes of the board The stockholders
shall appoint one or more stockholders
to preside as commissioners at such
election, and If for any reason an cleo
lion IS not held on the day appointed,
the same officers shall hold over and
the president shall at once call another
meeting to elect as provided herein.
At said meeting each stakeholder shall
De entitled to one vote for each share
OF stock held by him. and may vote by
proxy The manner of conducting the
election shall be decided upon by the
Stockholders, and majority III nul1pl
/