The Madison journal. (Tallulah, Madison Parish, La.) 1888-current, 1915-12-25
CHARTER OF MAXWELL Ms
CO., INCORPORATED.

Snyder, an unmarried man; George ;.
Yerger, and his wife, Mrs. Ednah NJ.
/ Yerger, nee Maxwell. herein authorized
by her said husband; and Mrs. Matilda
/ 3. Maxwell, nee Bowie, widow, al
residents of the Parish of Madison, State
4 of Louisiana. and John j. Potts and his
wife, Mrs. Flora NJ. Potts, nee Maxwell,
I herein authorized by her said husband,
I both residents Of the Parish Of Ouachlta.
/ State of Louisiana, who declared and
acknowledged that, availing themselves
of the laws OF the State Of Louisiana,
especially OF Act No. 257 of the General
| Assembly OF the State of Louisiana, for
! the year 1914, they have formed and
organized and by these presents do form
and organize themselves into corpora
| ton and body polite for the objects and
purposes hereinafter set forth and eX-
pressed, which they hereby adopt as the
Charter of said cooperation, to-wit:
ARTICLE l.
The name and title of this corporation
shall be Maxwell Planting Company,
Inc" and by its said name shall have
and enjoy existence Tor the full term
and period of ninety-nine years from
date hereof:
| Its domicile shall De in the town OF
| Mound, Parish OF Madison, La, and it
shall have seal with such incription and
| device as the Board Of Directors may
eject, ana the same to alter and change
at pleasure.
| It's certificate of stock shall be signed
by the President and Secretary, and
bear the impress Of tie seal of the corr
| poration.
| Il shall have power and right TO hold,
I purchase, receive by donation or other
wise, and rnortage, sell lea c, pledge,
| pawn, chatLle mortage, and convey pro-
perty, both real and personal, movable
and imgnOvahle.
1t shall have the right to borrow
money and issue its negotiable notes or
bonds, unsecured or secured by mort
| gage, pledge, pawn, chaCtel naOrtage or
orner lien on lis property, both real and
! personal, and shall have power 10 sue
ard BE sued in It's corporate name.
| The President, ana IN his absence the
! VicC-Presi1ent, Is hereby designated as
! tie officer upen whom all citation or
other legal process nail lie served.
ARTICLE 2.
! The objects aGd purposes for which
I this corporation is organized, and the
z
| by it are hereby declared ID be the pUr-
chase, sale ard lease Of agricultural,
! timber and ether lands. 5hG cultivation,
/ growing, raising ana marketing Of all
! agricultural crops, anG the ...SGuts vtur-
Irg, Wa-etOgsing AID sale OF products
! thereof, and tie buying, selling, and
( rearing OF horses, mules, hogs, and any
and all other kinds Of animals and stock
in the Parish of Madison, Louisiana, or
in any other portion OF the State Of
| LouisianG, or OF the United States, and
! in connection with the above objects
and purposes. TO make advances of
money and supplies 10 it's tenants ard
! others, and TO conduct q general mer-
camille business, both wholesale ana re-
tail.
ARTICLES.
The capital stock o. ttiis corporation
/ is fixed hereby at Ons Hundred nous
and 81 !, 900. CO. Do!laYS, divided into
ore thousand 0,IG0) shares Of the par
value Of One ti1a6red Q000O Dollars
| each. The CAP ital stoc.. Of this ccrpo~-
Gtion may DC increased to an amount
not exceeding twenty-five hundred
! t2500) shares Of the par value Of One
Hundred (i09.03) Dollars each, making
total Of Two Hundred and Fifty
Thousand i$25G, 000 coy Dollars.
! ARTICLES.
The corporate power o. tl,is corpor-
alton shall be vesS5d in ard exercised By
| d Board Of Directors Of three stock
! hc!dcrs, a rlsjcrity OF whom shall cor
stitute q quorum for 5ae transaction OF
business, with full power to purchase,
receive By dUDati n, sell, mortage,
pledge, pawn and convey and lease,
eitle; IS lessor or lessee, property,
| boch resi- and personal, to borrow money
aa;. Issue the c0mp2ny's negotiable
! noJes or bOras, either unsecured or Sc
cured by mortgage On its real estate,
| ch@ttei mortSge, pledge or pa%r OF It's
| personal property, and 10 do any and al
other acts which this Company is au-
| thOrized to 90 in Carrying out the 90
jects and purposes OF this corporation,
! To make and establish bylaws, and
change the the same, to hire, TO employ,
appoint, and to FIJI ali vacancies occur
ing in the Board Of Directors by death,
resignation or otherwise.
Each Board of Directors shall elect
from their number President, Vice
President and Secretary and Treasurer.
The Office OF Secretary and Treasurer
may be held by one or two persons, and
when held by two persons, the Secretary
may or may not be Director. The
Board Of Directors may be increased at
any annual stockholders meeting to q
| number not exceeding seven.
The first Beard 0f Directors shall con-
sist of George S. Yerger, John J. Pott,
and JEFF 3. Snyder, with George S. Yer
ger as President, JET b. Snyder as
Vice President, ard Jchn j. Potts as
Secretary and Treasurer, who shall hold
office until the first Monday of May
1916, or until their successors have been
duly elected. On the first Monday of
May 1916, and annually thereafter on
the first Monosy Of May of each year,
the stockholders shall meet for the pur-
pose Of electing a Board of Directors,
and the transaction of such other busi-
ness as may properly come before the
meeting. Written notices of the annual
Stockholders meetings shall be delivered
personally or by GepcsitiDg it in rhe Post
Office, addressed 10 the stockholders
last known address at least fifteen days
before such meeting. Other stock
holders NEE tirGs may be held as pro-
vided by the laws OF Louisiana. st all
stockholders meetings each share Of
stock shall be entitled co che vote, to be
voted in accordance with the iaws of
Louisiana.
This charter may be altered or
amended, the corporation dissolved and
the authorized capital increased to as
much as Two Hundred and Fifty Thous-
and $3.50, 900. COZ Dollars, )r decreased
in accordance with the laws Of Louisi-