The Rice belt journal. (Welsh, Calcasieu Parish, La.) 1900-19??, 1913-05-23
CHARTER
OF
ROCK MANETHO STOCK COMPANY
LIMITED.

this twenty Fifth day of March A. d.
1919, before me, H. Albert Davidson,
Notary Public, duly commissioned,
qualified and acting, in and foresald
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 to 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 it 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. It's domicile is declared to be
Welsh, Jefferson Davis Parish Louis.
lana; and all citations or other process
shall be served upon it's president, or in
his absence upon the yice.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 OF otherwise
controlling transporting operating in
any way or manner the said property
herein described or 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 S5000.O0 Five
J 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.
I Article ". The powers of this cor.
poration are vested board OF directors,
composed OF four stock holders, three of
whom shall be necessary to form a
quorum, who shall be elected at the
regular annual stockholders meeting
until their successors are elected and
qualified. On the day of their qualifica.
!, ton, they shall elect from their number
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
McBurney, Wade E. Plauche and Ed. S
Goodreau All of Welsh, Jefferson
Davis Parish, La. and until the frs
i election of officers, DR.. W. L. SteWar
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 he'll
on the first Tuesday after the frs
! Monday of April Of each year, specia
meetings shall be held at any time upol
the call of the president or of the vic
president and secretary and treasurer
~ But no regular or special meeting shal
e be held until after fifteen days writer
~ notice served on OF mailed to eacl
Il stockholders.
n Article vi The duties of the officer
shall be such as are usual to their re
II spective positions, together with sue
20 other duties as may be prescribed b
N. the board of directors.
IL Article VII No stakeholder Sha
a. never be held liable or responsible TO
e. the contracts Of faults of this corpora
t. ton in any further sum then the Ill
,r paid balance due the corporation on tn
of shares OF stock owned by him nor sha
w any more informalit;es in the organic;
n. ton CT this corporation have the ef7et
of of rendering this charter null, or of e.
e posing any stakeholder to liability b.
ed yond the unpaid balance of his stock
lie Article VIII This charter may /
altered or amended at a regular {
nj special meeting by the vote of stoc
,a holder owning three fourth of Il
Il stock, provided notice of the propos
~ to amend has been served on or MALE
=. :. to the stockholders as provided
% Article V
nd AT the termination or dissolution
on this corporation, its affairs shall
~ ~ liquidated by three iiquidators wi
in shall be appointed by a majority
~ voters Of the stockholders votin
~ The terms and manner of liquidatio
= and the powers, duties and emolumen
Il of the liquidators, shall be prescrib
"a at the meeting at which they a
no elected.
he Thus done, read and signed, at Il
~ 0ffina i'm the town Of Welsh LETTERS