The Bossier banner. [volume] (Bellevue, Bossier Parish, La.) 1859-1952, 1915-09-23
CHARTER
Or THE
Atkins Gin Company,
Incorporated.

State Of Louisiana, Before me, the I'M
Parish Of Caddo. dersigned author
ity, came and appeared, W. E. Cornell,
T. D. Cornell, DR.. D. J. McAnn, P. M.
Mechanism, o. E. Giddens, all resi- /
dents of Bossier Parish, Louisiana, and
Sim Weis, of the city of New Orleans,
La, herein represented by the said |
w. E. Connell, who declared,
That, availing themselves of the laws
OF the State OF Louisiana relative to cor
porations, they have covenanted and
agreed, and by these presents do cove
nant and agree, and bind themselves, as
we'll as other persons as may hereafter |
become associated with them, to form
and constitute corporation, and body
polite in law, for the objects and pur-
poses, and under the stipulations and
conditions following:
ARTICLE l.
The name and title of said corporation
shall be "Atkins Gin Company, Incor-
porated," and it's domicile is hereby
fixed at Atkins, Bossier Parish, Louis
lana, 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 change at pleasure; to hold,
purchase, improve, ALLEVIATE, convey,
borrow, buy, mortgage and hypothecate,
under its corporate name, property, real,
personal and mixed, and to do all things
and acts permitted by law, and necessary
to perform and carry on the objects and
purposes of said corporation.
The President, or in his absence, the
Vicepresident, shall be the proper per-
son upon whom legal processes shall be
served. This corporation, unless sooner
dissolved, in accordance with its charter,
shall exist and endure for a period of
fifteen 15l years, from and after the
ARTICLE II.
The objects and purposes for which
this corporation is organized, and the
nature of the business to be carried or
by it, are hereby declared to oe, for the
construction and operation of a public
ginnery in the town of Atkins, La, and
to operate a grist mill, and to buy and
sell cotton and cotton seed, and gen.
orally to do all such acts and things as
are necessary or incident to the purposes
herein set forth.
ARTICLE III.
The capital stock of this corporation
is herebp declared to be and is fixed at
the sum of Six Thousand and Five Hun
dred (S650O) Dollars, divided into sixty
five (65) shares, of One Hundred (S100)
Dollars each. The corporation shall be
considered going concern whenever
Six Thousand Five Hundred (S6500)
Dollars shall have been subscribed for,
| and Three Thousand Two Hundred and
Fifty (S3250) Dollars shall have been
actually paid in, and the balance shall
be paid whenever the Board of Directors
shall demand it.
ARTICLE ".
The corporate powers of this corpora
tion shall be vested in and exercised by
a board of five (5) directors, who shall
for the present be: w. E. Cornell, T. D.
Cornell, Dr.. D. J. McAnn, P. NJ. Nc
| Clanahan and O. E. Giddens, all of Bos-
sier Parish, Louisiana, of which said
board T. D. Cornell shall be President,
DR.. D. J. McAnn, Vicepresident, and
W. E. Connell, Secretary Treasurer,
who shall hold their Offices until the
next regular meeting of the stockhold-
ers, for the election of the Board of Di-
rectors, which shall be held not later
than September, 1, 1915, and annually
thereafter. Stockholders meetings shall
be held, of which meetings notice shall
be given; by written notice, directed to
the last known place of residence of
each of the stockholders, provided such
notice may be waived by the consent OF
the stockholders.
ARTICLE V.
The Board of Directors shall have full
power to ill vacancies in their number,
caused by death, resignation or other
wise, and from the stockholders OF the
company; they shall have full control OF
the property of the company, and shall
so conduct, manage and use same as
they deem best and as is consistent to
the objects and purposes of this corpo-
ration; they are authorized and en-
powered to frame and adopt such bylaws
and regulations as the affairs and busi-
ness of the company may require, and
employ all officers, agents, employees,
servants and clerks as they may deem
necessary, and fix the salaries of such
employees, as well as the salaries of the
officers provided for by the stipulations
of this charter.
ARTICLE VI.
This charter may be amended or abol-
ished, or the capital stock thereof in
1 creased or diminished, by a vote of two
thirds of the stockholders, cast at a
meeting called for that purpose Each
share OF stock shall be entitled to one
vote, to be cast by the owner in person,
or by proxy. No meeting shall be called
for this purpose without written notice
to each stakeholder. When this corpo-
ration is dissolved, its affairs shall be
liquidated by two liquidators to be
selected by the stockholders.
ARTICLE VII.
The original stockholders, and the
number of shares of stock subscribed
for by each, are as follows, to-wit:
w. E. Cornell, 20 shares; T. D. Con-
nell, 10 shares; DR.. D. J. McAnn, 10
shares; P. M. McClanahan, 10 shares
Sim Weis (herein represented by the
said w. E. Connolly 10 shares; o. E.
Giddens, 5 shares; total, 65 shares.
ARTICLE VIII.
No stakeholder of this corporation
shall be liable for any of the obligations
of this corporation any further than the
unpaid balance due the corporation on
the shares of stock subscribed for and
owned by him.
Thus done and passed, in the Parish
of Caddo, State of Louisiana, in the
presence of the undersigned competent
witnesses, on this the 1st day of Sep
TENDER, AID. 1915.
-.. liza. @ w. E. CoNNELL.
T. d. CoNNELL.
| D.. MCANN.
P. M. MCCLANAHAN.
SIM WEIs,
s (per w. E. Connolly
yx-:4,o.,o. q F. GIDDENS