St. Landry clarion. (Opelousas, La.) 1890-1921, 1914-07-18

4 S1AAAS eAN0 \ vi l1a
tress Maria Foraz, wife of G. Horaist.
and the said Horaist to aid, authorize
and assist his said wife herein, Mistress
Josephine ForaZ, wife of Joseph Bur-
| leigh, and the said Burleigh to aid.
authorize and assist his said wife here
in, G. Horaist and Joseph Burleigh, all
Presidents of this parish who declared that
they do hereby form and organize them
selves into a corporation for a term of
twenty-five years from this date, for
the purposes and objects and under the
stipulations, articles and conditions fol-
lowing, to-Wit:
ARTICLE l.
The name and title Of the said cor
poration shall be The Marie P. Colomb
Planting and Merchandising Company,
Limited, and its domicile is hereby fix.
ed at the Village of Grand Coteau, La,
and under its said corporate name it
shall have power and authority to con-
tract, sue and be sued; to make and use
a corporate seal and the same to break
and alter at pleasure; to hold, receive.
have, purchase and improve, alternate,
convey, sell, borrow, pledge, mortgage
and hypotheeate under its said corpo-
rate name, property, real, personal and
mixed, and to do all other acts and
things permitted by law, or as shall or
may be necessary and proper to carry
out the objects and purposes of said
corporation.
The President, or in his absence, the
Secretary, shall be the proper person
upon whom citation or other legal pros
cess shall be served.
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 the cultivation and operation
of farms and plantations and the con-
Quoting and running OF a general mer-
camille store or stores.
ARTICLE Ill.
The capital stock of said corporation
shall be twenty-four thousand dollars,
divided into and represented by two
hundred and forty shares OF the sum OF
one hundred dollars each, subscription
to which said stock is hereby made as
hereinafter indicated, the same to be
paid for, at not less than par, either in
cash or by property transferred or SER
vices rendered.
ARTICLE ".
The corporate powers Of this com
pany shallhe vested and exercised by a
board of three directors. The first
board to be A. Foraz, Joseph Bur-
leigh and 6. Horaist. The said A. Fo-
raz, to be President and the said G. Ho-
raist to be Secretary, and the said
Joseph Burleigh Treasurer. Theyshall
serve for one year from this date, or until
their successors shall have been elected
and qualified. Annually on the first of
July, unless the same. should be a holi-
day, when the election shall be held on
the next legal day thereafter, a Board Of
( Directors shall be elected.
i Notice of such election shall be given
by at least two weekly publications
Immediately preceding the date for
such election.
ARTICLE v.
The Board of Directors shall have full
power to fill vacancies in their number
caused by death, resignation or other.
wise, from among the stockholders OF
the corporation,
The said board shall have full con
troll of the property OF this company,
and shall so conduct, manage and use
the same as in their discretion they deem
fit. and that is consistent with the OBJ.
jects of this company, or the welfare OF
the same.
The said board shall employ or APP
point such agents, servants or clerks as
may be necessary for the conducting OF
the businesso of the corporation; fix their
compensation, term of service, etc.
The said board is further authorized
to frame and adopt such bylaws, rules
and regulations as may be needful for
the proper conducting and management
of the affairs of this company.
ARTICLE vi.
In case Of dissolution or termination
of this corporation, either by limitation
of its charter or any cause, the liquida-
ton of its affairs shall be conducted by
three commissioners, selected from the
stockholders, at a meeting called for
that purpose, ten days prior notice
thereof being given.
Said commissioners shall remain in
office until the affairs OF said corpora
ton shall have been fully ~liquidated.
In case of the death of one or more of
said commissioners, the survivors or
survivor shall continue to act.
ARTICLE VII.
No stockholder of this corporation
shall ever be held liable or RESPONSE
BILE for the.contracts or faults thereof,
in any further sum than the unpaid
balance due the company on the shares
of stock subscribed for or owned BY
him or her, o shall any informally u
organization have the effect Of render
ing this charter null, o of exposing q
stakeholder TO any liability, beyond the
unpaid balance, if any, of his stock.
Done and passeda at Grand Coteau, La.
on the day, month and year above
written, In the presence OF VIM. Brink
haus and DudleyL. Guilbeau competent
witnesses, who hereunto sign their
names, together with the said appear.
ers, and me, Notary, after reading Of
the whole.
Witnesses.
VIM. Brinkhaus,
DudleyL. Guiibeau.
A. Foraz, 80
Maria ForaZ, ~
EG. Horaist,
Josephine ForaZ 49,
Joseph H. Burleigh
j. A. SMITH, Notary Public.
STATE OF LOUISIANA,
PARISH OF ST. LANDRY.
/ hereby certify that the above and
foregoingis a true and correct copy. Ct
original Act No. 74808 on file and oI
record in my office in mortgage Book
So page Of date July 2, 1914.
Witness my hand and seal OF Office aI
tOpelousas, La. this End day Of July A
III fQfA