Tensas gazette. [volume] (St. Joseph, La.) 1886-current, 1915-12-10
INCORPORATION OF
IESlS ABSTRACT COMPANY, Inc.
STATE OFLOUIsIANA,

PARISH OF TENsAs
BE IT KNOWN and remembered that
ON this, the 10th day of September, A.
ID. 1915, before me, the undersigned No.
tary Public, duly commissioned and
qualified according to law in and for said
Parish and State, therein residing, and in
the presence Of the witnesses hereinafter
named and undersigned, personally came
and appeared Thoe. NJ. Wade, Jr., and
Thos. NJ. Wade, residents Of Tensas Par
ish, L.. and G. P. Bulls, a resident Of
Concordia Parish, La, who severally de-
clared unto me, Notary, that awaiting
Themselves of the provisions of the Con-
stitution and Laws Of the State Of Louis
lana relative to the organization Of cor
porations, they have covenanted, con-
iracted and agreed, and do, by these
prp~.nt, covenant, agree and bind them.
relves, n well as such other persons as
hereafter may become associated with
them, to form and constitute a corpora
ton and body polite in law, for the
objects and purposes, and under the
agreements and stipulations herein fol-
lowing, which they adopt as their
charter, to-wit:
ARTICLE ONE.
The name and style Of this corporation
ehsll be the TENSAS ABSTRACT CO..
INC, and shall have corporate duration
of ninety-ni years unless sooner dis
solved. It shall have all the powers
inherent in corporations, and particularly
those provided by Section Seven Cd OF
Act No. 267 Of the General Assembly of
this State, approved July 9th, ::l9l4, a.
well ~ those conferred by other laws OF
this State.
ARTICLE TWO.
The DOMICILE of this corporation
rl,all be in the town Of st. Joseph. sal
Parish and State, and all citations an
other legal process shall he served on IT,
President of this corporation, and in /
absence or inability to act, on the Vic
President or SECRETARY Treasurer.
ARTICLE THREE.
The PURPOSES forsswhicli this corp.
alton - Organised and the nature oi +,
business to be carried on by II. ar. hp'
BY declared to he as follows: to make
and certify to abstracts Of title OF any and
all lands in Tensas Parish, or other par
ishes, in the State of Louisiana, and to
take any and all necessary and proper
steps TO perfect and cure any defective
titles therein; to dispose OF said abstracts,
and generally to do and perform all acts |
and things that incidentally pertain or
are necessary to carry out the said objects |
and purposes Of this corporation.
ARTICLE FOUR.
The CAPITAL STOCK Of this corpora
ton h hereby fixed at Five thousand |
Dollars (t5, GOO. 0O) all of said stock t.
be common stock, and represented by
fifty (5O) shares of the par value OF On, |
Hundred Dollars $4,000 each. All a.
aid capital stock having been subscribe, |
and paid for contemporaneouely with tlr
execution Of this charter, this corporation
10 hereby authorised to begin business a.
All transfers Of stock shall be made or
the books Of the Company, and no trans-
Ter Of stock shall be in any way bindin:
On the Company unless and until it il
made in the above described manner
Any stockholder may sell or transfer
his stock in this corporation, PROVIDE
thirty days prior notice of such intent
to ell or transfer the same be given til.
Company and the other stockholders
thereof shall have the first privilege
purchaeinE same, after which thirty day.
notice the said stock may be sold in open
market.
Each share of stock ehall entitle ti
owner thereof, either in person or
proxy, to cast one vote at all general
meetinQ.
No stakeholder OF this corporation shal
ever be held liable or responsible for I
contrncts or faults thereof, in any furth
sum than the unpaid balance due III.
Company on the shanes 81 stock su
Bcsibed for and owned by him, nor sha
any informaiity in the organization ha'
the eiIect If rendering this charter mn
NJ Of exposing q stakeholder TO AZ,
liability, beyond the unpaid balance, j.
any, ot hia stock.
ARTICLE FIVE.
The CORPORATE POWERS of fhis
shall he vested in and exc
cised By Board Of Direction composed
Ehsee stockholders, which shall be electt-
By majority vote Of this corporation,
Md stuck to be voted BY owner thereof. |
" by eone person by him duly authorized
10 writing, and each share OF stock to n
counted ~ one vote. The Board of Di-
vctou shall he elected At the regular an
nual MEETING of the Stockholders hereof, n
which said meeting shall held at the =
1omicile of this corporation on the third =
Monday in January, A. D. 1915, and q
luslly thereafter, after the giving of ten
1aya' notice in writing mailed to ca
last known address of tn y
line and place Of the holding of said
Meeting.
Immediately after their own election, \
he enid Board of Directors shall conven :
md shall elect, from their own member,
president. vice-preident, and a seer.
Such Officers and Board of Direct 1,
hall serve until their SUCCESSORS hiv |
,een elected and qualified.
Special meeting Of the etockhold ~ |
nay b held at the requeet OF any thre. .,
after ten days notice il
rriting, - above provided, stating IT,,
'bject Of such meeting.
Any Directors, who may be abssn |
rom the town o. st. Joseph, ehall hr.
he right TO appoint any shareholder .
lSe Company TO vote for him At any meet.
NJ Of the Board Of Directors; and s1ci
ROXY shall have and exercise all 4
'owers Of such Directors appointing hin.
The Board Of Directors shall have fn
over TO gil vacancies in their num'~ L
ansed BY death, resignation or otherwi p
rom among the stockholders Of the e." :,
oeation.
ARTICLE SIX. LEI
All notes and evidences OF indebtedness u
,ust be signed by the president, or VICE
and countersigned by the So !,
etary-treasurer, and this corpora
ball not be responsible for any debt, "
rested By any Of ite officers, in excess OF
Be sum Of One Hundred Dollars ($lOO.
NJ sSul~n, ,hau I,e.