The weekly messenger. [volume] (St. Martinsville [i.e. St. Martinville] La.) 1886-1948, 1917-08-25
CHARTER
TOWN OF BREAUX BRIDGE,
PARISH OF ST. MARTIN,

Before me GID. Domengeaux. Notary PUB
lie, in and for the Parish and State aforesaid
and in the presence of thewitnesses hereinafter
named and undersigned personally appeared
the several persons whose mares are hereunto
subscribed. who declared that. availing them
selves of the laws of this State relative
to the organization of CORPORATIONS,
they have contracted and agreed.
and do by these presents contract and agree and
bind and obligate themselves, As well as such
person or persons who may hereafter become
associated with them, to form and constitute a
corporation and body polite in law, for the
uses and purposes, and under the articles and
purposes, stipulations following, to-wit:
ARTICLE 1.
The name of this corporation is hereby de-
clared to be LOUISIANA PRODUCTS AND
DEVELOPMENT COMPANY. INC. and its do
micile shall be in the Town of Breaux Bridge.
Parish of st. Martin, State of Louisiana.
ARTICLE Ill.
The purposes for which this corporation is
organized, and the nature of the business to be
carried on by il are hereby declared TO be to buy
sell. own, improve, mortgage. and lease real
estate, and to farm and plant the same, and to
do general real estate business to grow. pro-
duce, buy or sell any aud all agricultural, hor-
ticultural, Horticultural and other farm pro-
ducts, including live stock and poultry. and to
manufacture and convert any and all of the raw
materials Of the farm, forest, lake. gulf. or
stream into the finished product; to act as
agent, either general. special, or local for any
other corporation, association company or con-
Germ. in "a manner not contrary to law, such as
insurance. mortgage and investment compa-
MES; to deal in, own, and buy and sell any and
all stocks, bonds, mortgages, and any and all
securities or evidences of indebtedness; and
generally To engage in any other germaine, or
incident To or connected with any of the above
enumerated Objects
ARTICLE Ill.
The Capital Stock of this corporation shall
be TEN THOUSAND (sl0.OoU.OOJ DOLLARS,
divided into ONE THOUSAND shares of a par
value of TEN DOLLARS $4,000 each payable
in cash, or property actually received, or as
otherwise provided for or not contrary TO Law,
at such time, and in such manner as the Board
of Directors may determine. The capital stock
oil this corporation may, however. be increased
toThree Hundred L Thousand 900 100000 Dollars.
ARTICLE Nv.
This corporation may commence business as
soon AS nifty lJOJ per cent of its authorized
capital stock shall have been subscribed for,
and nifty (5Ol per cent of the stock subscribed
Tor has been paid in, and shall exist for period
of ninety-nine (99) years from this date. unless
sooner dissolved.
ARTICLE
All of the corporate powers of this corpora
ton shall be vested in board of not fewer than
than three 90, nor more than five (5) directors,
majority of whom snail constitute a quorum
for the transaction of business, without the me-
cessity of any authorization or ratification what
ever of their actions by the stockholders; and
the said board, except the first. which is here
matter provided for, shall be elected annually
by ballot. by the stockholders on the second
Tuesday in August of each year, of which cleo
ton fifteen Q5) days previous notice in writing
shall be sent t6each stochholder by the secre-
tary by mail.
The Board of Directors shall elect Presi-
dent. Vice-President, and Secretary-Trea-
surer, out of their own number.
ARTICLE vi.
A. A. Ransonet. T.. L. Summons and ]. w,
Begnaud. with A. A. Ransonet as Preside nj.
j. w. Begnaud Secretary 4 treasurer. shall con-
stitute the first Board Of Directors and shall
hold Office until the second Tuesday of August
1915 and until theirlsuccessors are elected and
qualified.
ARTICLE VII.
Citation shall be served Oh the president. OF
in the event of his absence or disability. upon
the vice-president, and whenever this corpora
ton shall may be dissolved. whether by lin
itation or otherwise, its affairs shall be liaui-
dated by one or more liquidators selected by
the Stockholders from among their own mum her,
ARTICLE VIII.
No shareholder shall ever be liable or respon-
sible for the contracts OF faults of the CORPORA
ton in any further sum than the unpaid ba-
lance due his stock for which he has sub
scribed. nor shall any mere informally in Or
ganization have the effect of rendering this
charter null or exposing shareholder to any
liability other than the balance due ON his stock
subscribed for by him.
In order that this act of incorporation MAY
also serve the original subscription Ii st, the
subscribers hereto, have set forth the number
of shares subscribed for by each, opposite their
names, with their respective post office adj
dresses, according To law.
Thus done read and passed at my office in the
Town of Breaux Bridge, La, IN the presence of
Godfrey Pellerin and H. Guidruz competent
witnesses who hereunto signed their names
with the appearers and me, said Notary, on this
Fourth day of August 1917.
No. Of Shares Address
A. A.. Ransonet, ~, Breaux Bridge. La.
JOS. w. Begnaud Is
L. l.. Simmons 70
j. A. Potter 5
Charles Rees
A.