The Bossier banner. [volume] (Bellevue, Bossier Parish, La.) 1859-1952, 1915-09-30
CHARTER
or THE
Atkins Gin Company,

-OF THE
Atkins Gin Company,
Incorporated.
State of Louisiana, Before me, the un-
Perish Of Caddo. ! dersigned author
ity, came and appeared, w. E. Conneli,
T. D. Connell, Dr.. D. j. McAnn, P. NJ.
Nee lanahan, 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. Cornell, 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 1.
The name and title of said corporation
shall be "Atkins Gin Company, Incor-
porated," and it's domieile is hereby
fixed at Atkins, Bossier Parish, Louis
lana, and under it's 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
Vieepresident, shall be the proper per-
son upon whom legal processes shall be
served. This corporation, unless sooner
dissolved, in accordance with it's charter,
shall exist and endure for period of
fifteen Us! years, from and after the
date hereof.
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 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.
/
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 ($10O)
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 (S3250) Dollars shall have beer
actually paid in, and the balance shall
be paid whenever the Board of Directors
shall demand it.
ARTICLE w.
The corporate powers of this corpora.
ton shall be vested in and exercised by
board of five 90 directors, who shall
for the present be: w. E. Cornell, T. D
Cornell, DR.. D. j. McAnn, P. M. Nc
, Clanahan and o. E. Giddens, all of Bos
board T. D. Cornell shall be President
w. E. Cornell, Secretary Treasurer
|
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 annual.
thereafter. Stockholders meetings shall
be held, of which meetings notice shall
be given, by written notice, directed t.
the last known place of residence o
each of the stockholders, provided sucl
5 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
7 wise, and from the stockholders of tn
: company; they shall have full control Q
the property of the company, and shal
, 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, an
employ all officers, agents, employees
: servants and clerks as they may deer
necessary, and fix the salaries of sue
+, employees, as well as the salaries of tn
i officers provided for by the stipulation
J, of this charter.
t ARTICLE VI.
e This charter may be amended or abol
ished, or the capital stock thereof in
creased or diminished, by a vote of two
thirds of the stockholders, cast at
meeting called for that purpose. Fac
share of stock shall be entitled to on
IS vote, to be cast by the owner in person
|. or by proxy. No meeting shall be Gale
Is for this purpose without written motto
to each stakeholder. When this corpe
4 ration is dissolved, it's affairs shall
liquidated by two liquidators to
e selected by the stockholders.
If ARTICLE VII.
N The original stockholders, and tt