Tensas gazette. [volume] (St. Joseph, La.) 1886-current, 1916-03-17

persons e may hereafter b eoDoo)ooo4
them. TO form and conso1tueo ocz
purposes ,i, and under the arreens1t "a -
ulafions As follows. TO- Wit; <S<
shall he KENiLwORTH PLANTATION. ~ J,
and by said name said corporafjo1 abo0 ~
succession and corporate existence Or -
from the date OF this oct. unless sccneS o.
sued - 81 s. u
Said corporation shall have power - u(4&
alter at pleasure; also to- hold. LEASE, VU4
chase. selI and convey. A. well ~ - uosS.
gage and hy y, under e q s5k ~
every kind and character; also 20 ooHQy
money and give secur1cty therefor: 20 80
contracts and receive sranss .nq aoass.S 1880
farms and plantations, and produce oropS q
cotton. corn. hay. oats. rfce end 0tutf
agricultural products: and to raise se0Sx
rectors and officers as its interest ana eo1vS.
nience may require, and to esfo1lieo euc1
bylaws. rules and regulations for the proYer
may be necessary; also TO pOeeeee ouo oxer~
else all other powers and prfveleGoo vu1cn
corporations of a similar character are o.
under the laws and constitution OF the eonte
OF Louisiana.
rso .s AsTIc y! III u; ao,,c,,. ~ ~.
corporation Is the Town 81 Neweliton u The
Parish of Tensas and In said State Of Louletouo
r,. a AR I'll LEU HI liz. cor,o,.ts,n
In organized are follow. t0-wit: .fa ~
To produce. own. maintain. and oper.te
plantation or plantations IN the fernn g
end and for this purpose to build. and main-'
tain such appurtenances and acceee0f1eie -
may be necessary for or tncfdenteI no tne
business Of farming or operating . psansst1on
To purchase. own. maintain and operate,
and TO ALLEVIATE. mort gage or pledge. AZ s1ch
ments or tools or other appurtenances necee-
sary to the business Of earring on stock
farm or agricultural plantation.
seeds. cotton and other AGRICULTURAL pro
ducts. and to operate in connection with the
operations Of said plantations mercoquie
and sell and carry in stock such things end
articles as are usually dealt In, IN plantation
stores. ~ llt
To obtain or receive by purchase, erast.
gift or exchange. both real and persOna1
property for the objects, purposes. incouta
and business OF this corporation. and the
same to sell, part with. ALLEVIATE or convey.
To borrow money or TO purchase or lease
porperty on its own credit for the purpose Of
operating the business herein provided for.
such loans or for the purchsse or lease ~
such property, to issue its corporate bo00e
or promissory note. bearing interest q s2ch
provided for may elect. payable q .auch
times and places a. may be agreed epon.
such bonds or notes TO be siened By the
tary- Treasurer. and for the security OF such
bonds or notes and the interest thereon -
mortgage and pledge it, propeFty. its CAPT
or all of its real or personal property. Or
both.
All citations shall be served upon the Pree-
liant in ulsa <1aH ~
dent. or the Secretary Treasurer Of fhfs cor
porati0n, or upon any such other person -
may be determined and deslgnated BY this
ARTIcLEv.
The amount OF capital stock OF this corpor-
alton shall be sEvENTY-FIvE THOUgAND
DOLLARS. divided into Seven Hundred Rif-
~ shares Of the par value Of One Hundred
operative and this corportion shall conmence
its business as soon - one half Of tfs capt.
tai stock has been subscribed and paid IN.
said corporation shall be determined 6y the
Board OF Directors. but no stock shah be
issued by the corporation unless Il be for
money or property actually received or for
In case Of failure on the pars Of any sub
scriber to pay the whole or any portion Of his
by the Board OF Directors. the aharea Of
stock subscribed for by him and all payment
theretofore made thereon may 81 their option
1
of Directors by the service Of written n0tico
on the delinquent subscriber, snd failure 70
pay the balance due thereon.
| No stOckholder OF said Corporation shall
ever be liable or held responsible for ~ Co.'S
tracts or faults In any further snn than the
unpaid balance Of the shares Of stock owned
ton have the effect OF rendering tAia charter
null or exposing the stockho1def to any
liability beyond the amount Of stock Sab
| scription subscribed by him.
/ ARTICIH WI. "A 81
The corporate powers Of t1ie corporation
shall be vested in Board Of Dlrectops ooG1-
Directors shall consist Of and IS conDoss6
and constitute as folloWs; Alva y. uOoro
Newellton, Louisiana. who owns II his own
stock Of said corporation; Artbur Hoors.
IweNellton, Louisiana. who owna n h1s own
right and unpledRed $50 shares Of capital atock
bridgeport. Illinois. who own a = ~ oSS
right and unpledged 80 shares OF capital stock
OF said corporation.
fee until the first Monday IN the month Of
january, 1918, and annually theroafooP o. the
first Monday OF January, Of each year . een-
poration shall be held, and thSeo shan IS
selected as many directors 10 aeevo durin9
the ensuing year as will be necesnaxy 20 c0Gi-
the stockholders shall be givea BY Duhllc6ffon
In q newspaper published IN the Paf1ah a.
Tensas. Louisiana. for fully ten days .pr56r
each stockholder in this c0rp0rnfion.
At all elections the vote Of mAjof1ty 81 TIE
stock present and represented shal1 - nooo0-
standing stock Of fSis oolporStiS. III, ~ g
pecessary to constitute QuOfum e auoh
election. and each sfockholdss shsIl s. =
vote for er: each s sSsrs ia
but cannot vote on any shsre Of soook tFaoo-
fered within ten days prior 70 - olooelon.
Their successors 1 are eIenteS ~ tns.S9s 10y,