The Madison journal. (Tallulah, Madison Parish, La.) 1888-current, 1913-05-24
{ HA r TE r
Of the
MANSTORD LAND COMPANY .


OF Louisiana, aud in the presence of TIA.
, witnesses hereinafter banned and under
signed, personally cam" and arprarrd
the several persons whose names an,
her"uuto subscribed, vino declare that
awaiting themselves 0t the laws Of this
Stat" y such eases made and provided
relative - Tn" organization of corpora
tons, they have formed and 10y these
Presents do foIm themselves, thcir rs.
socrates, successors and assigns into a
corporation for the objects and pur-
poses and under the Stipulatious herein
after set forth. which ,ncy hereby adopt
as their charter, tO-wIt:
ARTICLEI
! The name and title of this Corpora-
ton Is hereby declared to he MANS
tOtD LAND COMPANY, and it
snail nave and enjoy corporate success
I son Tor period OF ninety nine years
from tins date, and shall have and cxcr-
clSe tor the purpose OF the business to
be carried on by it all the powers con-
tcrrcd nv law upon corporations, in
Guiding the power To hold. receive, pur-
chase, issue, convey, sell, mortgage,
pied"e and exchange, and Otherwise
acquire and ALLEVIATE property, both real
ana personal, in the prosecution Of its
business To imlrOv" and plant and
operate real estate; TO conduct a general
mercantile business III connection with
the painting operation; to contract. sue
ana be sued; to make and use. if il So
desires, a corporation seal, and tn" same
10 alter and break 1T pleasure: 10 !
make bylaws and rules for it's govern !
ment, and the same to alter or amend |
or repeal at pleasure; to make and en- |
pIoy such managers, directors Officers, !
agents and employees as its interest am / !
convenience may require, and generally /
10 exercise all the powers necessary to .
carry Oh its said business.
ARTICLEII.
The domicilc of this corporation shall
DE at Mansford, In the Parish of AIadi-
son, State OF Louisiana, and IA II citation
ana other legal process shall be served
on the President, and in ease oil his alb
sence or disability, on the Vice Prcsi-
ueht, or Oh the Secretary Treasurer.
ARTICLE III.
The objects ard purposes for which
this corporation is organized. and The
nature OF the business To be carried ON
10y it are hereby declared to be: To
buy, sell, lease, mortgage, exchange or
otherwise ALLEVIATE or acquire, and gen
orally to deal in real estate, improved
or unlmprOyed, 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 tnf hstc -, 49,, 4. |
elsewhere, and to do any and all things
connected with OF appertaining 20 The
SAID business, including conducting CT
Tie plantation business and general
business in connection there
With.
ARTICLE w.
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-
ired and Fifty shares, at the par value
)f One Hundred Dollars each, which
shares shall he paid in cash, or in prop {
erty received, or in labor done, at such
lime or in such manner as the Board OF
Directors shall determine. This corpo-
ration shall have the right to commence {
4.
shall have been subscribed for. All
he transfers OF stocks shall be made Oh
he books OF the Company, on the sur q
'ender Of the outstanding certificate, :
md pursuant to such rules aS the Board
If Directors may prescribe. Said cap
tai stock may be increased i'm accord Q
nee with the laws of this State. c
ARTICLE V.
The Officers of said Company shall be O
President, Vice-rresident, and a .
Treasurer, and they shall .
Onstitule the directors and be elected d
o the Office at the same time that the
are elected. c
The affairs of this Corporation shall :
e managed by Board OF Directors L
onssting of three stockholders, and
he sand Board shall hold Office ior a (
erm Of five wears from the date Of their
lection. The first Board of Directors =
[ this Computation shall be w. "A.
Ward, w. N. Smith and Neal L. Holt, a
nd the future elections shall be held -
ii the first Monday in April, 1918. T
All future elections shall be by ballot |
nder the superintendent of two conf
lissioners appointed bv the Board, and
ach share oil stock shall be entitled to
ne vote, whether cast i'll person by the Ii
egistered owner, or by his proxy OF his
preventative.
The officers for this Corporation for
he term ending with the lirst Monday (
/ April, 1918, shall be: I
W. II. WARD, President.
W. N. SMITH, Vice-President.
NEAL Il. HOLT, Secretary Treas.
All future officers shall be elected by u
lie Board OF Directors at their first =
Getting. I
And the said Directors and Officers +
lall continue in office until their sue ID
,ssOrs are duly elected and qualified, ~
I'd the Corporation shall not be dis
lived or affectec by failure to hold the -
gular meeting thereat, but in case of
ch failure, said meeting and election
lall be held as soon thereafter as pos "
bic. Any vacancies on the Board OF
IIectors, caused by resignation,
'ath or otherwise, shall be fllled by -
Il remaining members Of the Board.
ARTICLE vi.
AT the termination vi this charter by "
IMITATION or otherwise, the business
ID affairs shall be llquidated by two
to be appointed from -,
nong the stockholders at a meeting "
the stockholders convened for that
IrpOSc. after ten uavs notice IN Writing
all have been glveI by the Secretary
taSuIef 10 eacn StOch nUIucr IN peIsou Nv
mail, said commissioners to be elect
10y majority vote OF the shares Ol Gu
e capital stock present or represented wi
n,sIt A