The Madison journal. (Tallulah, Madison Parish, La.) 1888-current, 1913-04-26
CHARTER
of the
MANSrORD LAND COMPANY.

BE 1T KNOWN, That on this 9th day
Of the month of April. in the year 1918,
before me, Jonn E. Yerger, Clerk of
Court and ex.officio, q Notary Public,
duly commissioned, sworn and qualified.
in and for the Parish of Madison, State
OF Louisiana, and in 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,
awaiting 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 a
corporation for the objects and pur-
poses and under the stipulations herein
after set forth. which they hereby adopt
as their charter, to-wit:
&c. ARTICLE
The name and title of this Corpora
ton is hereby declared to be MANS
FORD LAND COMPANY, and it
shall have and enjoy corporate success
sion for a period of ninety mine years
from this date, and shall have and exer-
else for the purpose of the business to
be carried on by it all the powers con-
ferred bv law upon corporations, in
GLIDING the power to hold, receive, pur-
chase, issue, convey, sell, mortgage,
pledge and exchange, and otherwise
acquire and ALLEVIATE property, both real
and personal, in the prosecution OF its
business, to improve and plant and
operate real estate; to conduct a general
mercantile business in connection with
the planting operation; to contract, sue
and be- sued; 70 make and use, il it sd
desires, corporation seal, and the Same
to alter and break at pleasure; 20
make bylaws and rules for its govern.
ment, and the same to alter or amend
or repeal at pleasure; to make and en-
ploy such managers, directors Officers,
agents and employees rs its interest AMI
convenience may require, and generally
to exercise all the powers necessary to
carry on its said business.
ARTICLE
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 abb
sence or disability, on the Vice.Presi.
dent, or on the Secretary.Treasurer.
ARTICLE III.
The objects s3d purposes for which
this corporation is organized, and the
nature Of the business to be carried on
by it are hereby declared to be: To
bury, sell, lease, mortgage. exchange or
otherwise ALLEVIATE or acquire, and gen.
orally to deal in real estate, improved
or unimproved, in this parish or else
where, for its own account or the ac-
count Of others, as principal or agent,
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 70 the
said business, including conducting CT
the plantation business and general
mercantile business in connection there
with.
.. ARTICLE Nv.
The capital stock of this corporation
is hereby fixed at the sum of Three
Hundred and Seventy-five Thousand
Dollars, divided into Thirty .seven Hun
dred and Fifty shares, at the par value
of One Hundred Dollars each, which
shares shall be paid 10 cash, or in prop
erty received, OF in labor done, at such
time or in such manner as the Board Of
Directors shall determine. This cOrpo-
ration shall have the right to commence
business VIXEN all OF the capital stock
shall have been subscribed for. Az
the transfers of stocks shall be made on
the books of the Company, on tho sur.
render of the outstanding certificate.
and pursuant to such rules as the Board
of Directors may prescribe. Said cap
ltal stock may be increased in accord
ance with the laws of this State.
ARTICLE v. ...-.
The Officers of said Company shall be
q President, Vice-President, and a
Secretary Treasurer, and they shall
constitute the directors and be elected
to the office at the same time that she
Directors are elected.
The affairs of this Corporation shall
be managed by a Board Of Directors
of three stockholders, and
the said Board shall hold Office Tor a
term of five wears from the date of their
election. The first Board of Directors,
of this CorpoI patton shall be w. H.
Ward, W. N. smith and Neal 7. Holt,
and the future elections shall be held
on the first Monday in April, 1918.
All future elections shall be by ballot
under the superintendence of two com.
missioners appointed by the Board, and
each share OF stock shall be entitled to
one vote, whether cast in person by the
registered owner, or by his proxy or his
The officers for this Corporation for
the term ending with the first Monday
in April, 1918, shall be:
w. H. WARD, President.
w. N. SMITH, Vice-President.
o. NEAL T. Holt, Secretary Treas.
All future officers shall be elected by
the Board of Directors at their FIRST
.,,..t