The Bossier banner. [volume] (Bellevue, Bossier Parish, La.) 1859-1952, 1913-08-28
CHAR L + K
The Haushton Gin Company

State of Louisiana, Before me, the un-
Parish of Bossier. dersigned au-
thoritv, personally came and appeared
81. West, r. NJ. Sandidge, T. II. Law !
renee. G. b. Smith and j. B. Oneal, who
declared that, awaiting themselves OF the
provisions OF the laws Of this State rela-
tive to corporations, they have COW
enantcd and agreed, and by these pre-
sents covenant and agree, and bind
themselves. dis we'll as other persons as
may hereafter become associated with
them. to f2rIa and constitute corpora
ton and boiy polite in law for the OBJ
iacts and purposes and under the stipu-
lation5 and conditions following:
ARTICLEI.
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 its said corporate
name said corporation shall have power
and authority to contract, sue and be
sued, to make and use corporate seal,
and the same to break or alter at Pleas
ure: to hold, receive, have, purchase,
improve, ALLEVIATE, convey, borrow,
under its said corporate name, property,
real, personal. and mixed, and to do all
things ana 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
yicepresident, shall be the proper per-
son upon whom legal process shall be
served. This corporation, unless sooner
dissolved. in accordance with its charter,
Shall exist and endure for a period OF
ninety mine 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 pubic
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, 600,
divided into Fifty Shares of One Hun
dred Dollars (S100) each. The corpora
ton shall be considered as gong con
Germ when -Four Thousand, Five Hundred
Dollars ga 500 shall have been sub
scribed for, and Two Thousand, Fiv'
Hundred Dollars $50, 500 actually pail
in, and the balance shall be paid when
ever the Board OF Directors shall de
mand it.
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
#. H. Lawrence, G. w. Smith and j. 3
Oneal, of which board G.. w. Smith sha
be President, T. 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 hel
not later than the 18th day of June, 1871
and annually thereafter. Stakeholder!
meetings shall be held, of which meet
ings notice shall be given by write
notice directed to the last known plac
of residence of each of the stockhold
provided that such notice may be waive
by the consent of the stockholders.
ARTICLE V.
The Board of Directors shall have fu
power to fill vacancies in their numbt
caused by death, resignation, or Other
wise, and from the stockholders of tt
company. They shall have full contr
Of the property of the company and sha
g. conduct, manage and use the same {
they deem best, and as is consistent wit
the objects and purposes of this con
pany. They are authorized and empov