The Madison journal. (Tallulah, Madison Parish, La.) 1888-current, 1917-02-24
CHARTER OF
REjN PLANTATION r0&P!sHY, INC.

u IL AAHON ~. nat before HE, The
undersigned authority and two at
testing witnesses. on this the 18th day
of February, a. D., 1917. personally
came and appeared Frederick E. French,
OF the City of Chicago. Stale OF Illinois.
Samuel H Roberts. of the City of
Chicago, State of Illinois. Paul Cham
bera, Of the City of Jackson. State of
Mississippi, j. N. Flowers. of the City
OF jackson, State of Mississippi and
George ;. Ierger. of the Parish of Madi-
son, State of Louisiana. who declared
and acknowledged, that awaiting them
selves of the laws of the State of
Louisiana, and especially of Act No.
267 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 q corporation and body
polite for ,the objects and purposes
hereinafter set forth and expressed,
which they hereby adopt as the Charter
OF sand corporation, to-wit:
ARTICLE !.
The name and title Of this CORPORATION
shall be Huon Plantation Company. Inc. :.
and by its said name shall have and en-
Joy existence for the full term and period
of 80 years from date hereof.
Its dOmicile shall be in the Town of
Tallulah, Parish of Madison, Louisiana.
and it shall! nave q Seal with such in
scriptiOn5 and device as the Board of
Directors may elect and the same to
alter and change al pleasure.
its certificates OF stock snail be signed
by the President and Secretary and bear
the impress of the Seal OF the Corpora
ton.
1t shall have power and right to hold,
purchase. receive by donation or other
wise, ana mortgage, sell, lease, pledge.
pawn, chattel mortgage and convey
property, both real and personal, NOV
able and lmmovable.
1t shall have the right to borrow
money ana issue its negotiable notes or
bonds, unsecured or secured by mort
gage, pledge, pawn, chattel mortgage
or other lien on its property, botn real
and personal, and shall nave power to
sue and be sued in its corporate name.
The President, and in his absence the
first Nice-PresiGart, is hereby desig On
Gttd As the officer upon whom all citation
OK other legal process snail be served.
ARTICLE -
The objects and purpose for which this
Corporation is organized, and the nature
Of the Business to be Carried on by it,
are hereby declared to be the purchase.
sale and lease OF agricultural, timber
and other Lands, the cultivation. grow
my, raising and marketing OF all aGri-
cultural crops, and the manufacturing
ware housing and sale Of prC dutts there
Of ami the buying, selling and rearing of
horses, mules 2IG cattle, sheep, huys
ara any ard all other kinds Of animals
and live stock, in the Parish OF Madison,
Louisiana, or in any other portion of
me State u Louisiana, or III the United
Stats, ana in connection with TIE above
objects and purposes, to make advances
o. money ana supplies t. its tenants and
Others, and to conduct a general mer-
camille business, both wholesale anu
re tail.
The capital stock Of this CORPORATION
IS hereby fixed at one hundred THOUSAND
tS!G, DO9. GG) dollars, divided into one
Thousand GUV) sh2res of the par value
# cue aucascG i$l0G.DC} dollars each.
The capital sock OF this Corporation !
may lie incre ased to ar amount not ex-
ceediHg two thousand five hundred |
u, 500 shares of the Par value Of one
hundred (si0j Coy dollars each, making :
tota.. of two hundred fifty thousand |
$3.50, Coz. 00) dollars. (
AETIcLE4.
The corporate powers Of this CosDora- !
ions shai. be vested in and exercised !
~ Board of Directors OF five stock !
holders, majority OF whom shall con- !
'titute quorum for the transaction of /
~ slness, with full power to purchase,
'eceive by donation. sell, mortgage. i
'iedge, pawn, convey and lease, either
IS lessor or lessee, property, both real |
md personal, to borrow money and issue
he company's negotiable notes Or bonds
ither unsecured or secured by mortgage
N It's real estate, chattel MORTGAGE.
hedge or pawn of its personal property.
ma to do any and all other acts which
his company is authorized to do IN
arrylng out the objects and purposes
+ this corporation, to make and estab-
ssh bylaws, and change the same, to
Ire, employ, appoint, all necessary
gents, servants and employees, and to
II ali vacancies occurring in the Board
I, Directors by death, resignation or
therwisc.
Each Board of Directors shall eject
rom their number President, First
'Ice-fresident, a Second Vice resi-
ent, Secretary and Treasurer.
I he othce q Secretary md treasurer
lay DE he'd by one or two persons. and
hen held by two persons. The Secrc-
lry may or may no. be Gi1u.tCr.
The Board of Directors my &c in
,eaSed at any annual Stockholders
Ieetn" 70 number not exceeding
wen 60. The first Board Of Directors
laii consist, of Frederick z. French,
amuei a. Roberts, j. N. FIo!7ars. Paul s
Numbers and George S. Ycrger,
18th Frederick f. French as President,
gorge S. Yerger as First Vice-Presi. !
ent, j. n. Flowers rs Second Vice /
resident, Samuel II. Roberts as Sec d
,tary and Paui Chambers as Treasurer f
no shall hold Office until the first Mon. t
~ in March, 1918, or until their sue 2
'ssors have been duly elected. v
Oh the first Monday of March. 1918. b
"a annually thereafter on the first
onday OF each year. the stockholders d
Iaii meet for the purpose of electing a
oaru of Directors. and the transaction
such other business as may properly 1
me before the meeting.
written notices of annual Stock {
Ulcers Meetings shall be delivered
,rson&iiy or y derositingit in the post .
nee, addressed to the stockho.fers'
st know address, at least fifteen DAYS
fore eIlch NO. tipn | .