The Donaldsonville chief. [volume] (Donaldsonville, La.) 1871-current, 1913-03-29
c n A r T { r
CONSUMERS COAL AND SUPPLY
COMPANY


u E IT REMEMBERED, that on this,
- the 1st day of March, in the year
nineteen hundred and thirteen, before
me, B. J. Vega, a. notary public, duly
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
tons, 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 and
conditions following, to-wit:
ARTICLE /.
The name and title of the said cor
poration shall be the CONSUMERS,
GOAL AND SUPPLY COMPANY, and
its domieile Hereby fixed at Donald.
sonyIlle, Ascension parish. Louisiana
corporation shall have power to con-
tract, sue and be sued; to make and use
a corporate seal, and the same to-
break and alter at pleasure; to holo,
receive, have, purchase, improve, aliep-
ate, convey, sell, borrow, pledge, mort
sage and hypothecate, under it's said
corporate name, property, real and per-
sonal and mixed; to name and appoint
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-
tloas 1or the government OF the said
corporation, as may be deemed necessary
anu proper; and the same to cnan.e
ana alter at pleasure, and generally to
do all other acts and things permitted
by law, or such as shall be necessary
the said corporation. Said corporation
unless sooner dissolved in accordance
with its charter. shall exist and continue
tor a period of ninety-nine (99) years
from 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.
ARTICLE 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-Wlt: 70 buy ana sell ali manner OF
al manner Of goods and merchan-
d1se, either for cash or on credit, re-
tail or wholesale; to purchase, hold,
lease, own, mortgage, pledge, sell, con-
veg, improve and handle all manner Of
property, real, personal and mixed; to
puy, 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 ".
The capital stock of this corporation |
tha S1,r,, 81 +o,
thousand (sl0,OUe) dollars, divided inlo
ana represented by one hundred {1OO} |
shafes OF the par value of one hundred |
do!lars each, which said stock shall be |
PAID for IN cash at the time of sub |
Scfiplloa, or the same may be issued at
not less than par in payment OF ex-
1han8e for property or rights actually
received or purchased by said corpora
Ilon, or the same may be issued fully
paid for money advanced or for sucn
other valuable consideration as the
BOARD OF directors may determine; pI
Sldett, no stock shall be issued until the
therefor is actually re-
ielVed by the corporation.
any stockholder may sell, assign or
.ranster his stock in this corporation |
provided thirty days prior notice of
ne same be given to the company, and
he other stockholders thereof shall |
ave the first privilege of purchasing |
ne same, after Which thirty days the
JOCK may be sold in open market
The stock of said corpora ton ,may be
transferred under the above conditions
provided such transfer thereof be made
n the DOORS of the company at it's Of
Ice in Donaldsonville, Louisiana, and
~ surrender OF the certificate therefor.
NO transfer of a fractional share shall
,e made
This corporation shall commence do
ng business and become a going con-
efn as soon as three thousand dollars
Il IT'S capital stock shall have been sub
cfloed therefor. The board of directors
hall have power to determine how
much stock shall be issued.
ARTICLE V.
The corporate powers of this corpora
ION shaH be vested in and exercised by
board of five directors. consisting Of {
ne ne iolIoWing Officers to-wit: A pres
denf, vice president, and secretary
a majority Of said board (
nall constitute a quorum for the trans
et1en OF business, and their decision
nall i be valid corporate acts.
me following persons shall eonsti-
ute the board of directors, to-Wit: s,
r Il