The Bossier banner. [volume] (Bellevue, Bossier Parish, La.) 1859-1952, 1915-09-16
CHARTER
Or THE
Atkins Gin Company,
Incorporated.

- - q
Incorporated.
State Of Louisiana, Before me, the un-
Perish Of Caddo. dersigned author
ity, came and appeared, w. E. Cornell,
T. D. Connell, DR.. D. j. McAnn, P. M.
McClanahan, 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 a corporation, and body
polite in law, for the objects and pur-
poses, and under the stipulations and
conditions following:
ARTICLE.
The name and title of said corporation
shall be "Atkins Gin Company, Incor
porated," and its 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
pprnocac of caiH oornoratiOp
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 period of
fifteen 15) years, from and after the
date hereof.
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 hereby declared to be, for the
construction and operation of 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 (S6500) Dollars, divided into sixty
five (65) shares, of One Hundred (SiO0)
Dollars each. The corporation shall be
considered a going concern whenever
Six Thousand Five Hundred (S6500)
Dollars shall have been subscribed for
and Three Thousand Two Hundred and
| Fifty (S325O) Dollars shall have been
actually paid in, and the balance shall
be paid whenever the Board of Directors
shall demand it.
ARTICLE Nv.
The corporate powers of this corpora
ton shall be vested in and exercised by
board of five (5) directors, who shall
Cornell, DR.. D. J. McAnn, P. M. Nc
Clanahan and o. E. Giddens, all OF Bos-
sier Parish, Louisiana, of which sale
board T. D. Cornell shall be President
DR.. D. J. McAnn, Vicepresident, anG
w. E. Council, 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 late
than September, /, 1916, and annually
thereafter. Stockholders meetings shall
be held, of which meetings notice shall
be given, by written notice, directed tt
the last known place of residence o
each of the stockholders, provided sucl
notice may be waived by the consent O
the stockholders.
| ARTICLE v.
The Board of Directors shall have full
power to fill vacancies in their number
caused by death, resignation or other
wise, and from the stockholders of tn,
company; they shall have full control o
the property of the company, and shall
so conduct, manage and use same a
they deem best and as is consistent t.
the objects and purposes Of this corpo
ration; they are authorized and EN-
powered to frame and adopt such bylaw
and regulations as the affairs and bust
ness of the company may require, AM
employ all officers, agents, employees
servants and clerks as they may deem
necessary, and fix the salaries of sucl
employees, as we'll as the salaries of tn
officers provided for by the stipulation
of this charter.
ARTICLE vi.
This charter may be amended or abol
ished, or the capital stock thereof in
creased or diminished, by vote of two
thirds of the stockholders, cast at
meeting called for that purpose. Eacl
= share of stock shall be entitled to on
vote, to be cast by the owner in person
or by proxy. No meeting shall be calle
for this purpose without written motto
to each stakeholder. When this corpo
ration is dissolved, its affairs shall b
liquidated by two liquidators to b
selected by the stockholders.
ARTICLE VII.
The original stockholders, and tn
number of shares of stock subscribe
for by each, are as follows, to-wit
w. E. Council, 20 shares; T. D. Con
nell, 10 shares; DR.. D. J. McAnn, /
shares; P. M. McClanahan, 10 shares
Sim Weis (herein represented by tn
said w. E. Connolly 10 shares; o. E
Giddens, 5 shares; total, Is shares.
ARTICLE VIII.
, No stakeholder of this corporation
shall be liable for any of the obligation
of this corporation any further than tn
unpaid balance due the corporation O.
the shares of stock subscribed for an
owned by him.
Thus done and passed, in the Paris
of Caddo, State of Louisiana, in tn
presence of the undersigned competen
witnesses, on this the 1st day of Sep
TENDER, AID. 1915.
w. E. CoNNELL.
: T. D. CONNELL.
D. J. MCANN.
P. M. MCCLANAHAN.
SIM WEIs,
(per W. E. Connolly