The weekly messenger. [volume] (St. Martinsville [i.e. St. Martinville] La.) 1886-1948, 1917-08-11
CHARTER
TOWN OF BREAUx BRIDGl

IAhlOn Or d. mhnllN.
STATE OF LOUISIANA.
Before me g. d. Domengeaux. q Notary Pub
lie, in and for the Parish and State aforesaid
and in the presence of the witnesses hereinafter
named and undersigned. personally appeared
the several persons whose names 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 tn csc presents contract and agree and
bind and obligats themselves. as well as such
person or persons who may hereafter become
associated with them, to form and constitute q
corporation and body polite in law, for the
uses and purposes, and under the articles and
purposes. stipulstions following. to-wit:
ARTICLE L.
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 H.
The purposes for which this corporation Ia
organised. and the nature of the business to be
carried on by it are hereby declared to be to buy
sell. own. improve, mortgage. and lease real
estate. and to farm and plant the same, and 60
do general real estate business; to grow. pro.
duce. buy or sell any and all agricultural, bor.
ncuitural, 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. ocean or
stream into the finished product; to act az
agent. either general, special. or local for any
other corporation. association. company or con.
Germ, In manner not contrary to law. such A
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 gsrmaine. or
incident to or connected with any of the above
enumerated objects.
ARTICLE III.
The Capital Stock Of this CORPORATION sb.Il
be TEN THOUSAND $4,000 .oO) DOLLARS.
divided into ONE THOUSAND shares of a ma,
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
OF this corporation may. however. be increased
to Three Hundred Thousand (sOO, 0Oc. OO) Dollars.
ARTICLE Nv.
inns corporation may commence business az
coon as fifty (50) per cent of its authorized
capital stock shall have been subscribed for
and fifty (5o) 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.
ARTICJEv
All Of the corporate powers of this corpors-
ton shall b. vested in board of not fewer than
than three 80. nor more than FIVE (5) directors,
3 majority OF whom snail constitute a quorum
Tor the transaction of business. without the ne
cessity of any authorization or ratification what.
ever OF their actions By the stockholders; and
the said board, except the fret, 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 QS days previous notice in writing
shall be sent to each stochholder By the secra- |
ary by mail.
Ihe Board OF Directors shall elect Presi-
lent, Vice-Prssident, and Secretary Tres- |
'urer. out Of their own number.
ARTICLE vi.
A. A. Ransonet. n. L. Simmons and j. w.
3egnaud. with A. A. Ransonet a. President.
With Z. l.. Simmons as Vice President. and
J. w. Begnaud Secretary Treasurer. shall CON.
titute the first Board of Directors and shall
loid once until the second Tuesday of August
BIS and until their successors are elected and
ualifed
ARTICLE VII.
Citation shall be served Oh the president. or
n the event of his absence or disability, upon
he vice-president, and whenever this corpora-
ION shall or may be dissolved whether By lin
fation or otherwise. its affairs shall be lioui-
hted by one or more liquidstors selected BY
ne stockholders from among their own mum ber
ARTICLE VIII.
No shareholder shall ever be liable or respon-
lble for the contracts or faults of the corpora-
ION In any further sum than the unpaid bs-
'nce due on his stock for which he has suh.
cribed. nor shall any mere informally in or. ,
anization have the effect of rendering this I
harter null or exposing a shareholder to any
ABILITY other than the balance due on his stock
absorbed for by him.
In order that this act of incorporation may
so serve as the original SUBSCRIPTION list the
disorders hereto, have sdt forth the number
shares subscribed for by each, opposite their I
ames, with their respective post Office sd. | I
'esses, according to law.
Thus done read and passed at my office in tho
own of Breaux Bridge. La. IN the presence of
odfroy Pellerin and T.. Guidroz competent |
Illnesses who hereunto signed their namea q
'th the appearers and me, said Notary, on this Z
1urth day Of August 1917.
No. of Shares Addres.
A. A. Ransonet, 20. Breaux Bridee. La
Jos. W. Begnaud Is q
l.. l.. Simmons IN +.