The weekly messenger. [volume] (St. Martinsville [i.e. St. Martinville] La.) 1886-1948, 1917-08-18
CHARTER
TOWN OF BREAUX BRIDGE

STATE OF LOUISIANA.
Before me q. ID. Domengeaux, a 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 na.re s 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 we'll 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 it's do
micile shall be in the Town of Breaux Bridge
Parish OF st. Martin, State of Louisiana.
ARTICLE ii.
The purposes for which this corporation ia
organized. and the nature of the business to be
carried on by it are hereby declared to he tn bnv
sell. own, improve. mortgage. and lease real
estate. and to farm and plant the same, and to
DO a general real estate business; to grow, pro-
duce buy or sell any and all agricultural, hor
ticororal, 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 as
agent, either general, special, or local for anv
other corporation, association. company or con-
Germ, In a manner not contrary to law. sucb as
insurance. mortgage and investment comma.
nies' 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 (SlO,OJO. COZ DOLLARS.
divided into ONE THOUSAND shares of a OAR
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
toThree Hundred Thousand 600 OOC. OO) Dollars
ARTICLE Nv.
This corporation may commence business as
soon as nifty (5O) per cent of it's authorized
capital stock shall have been subscribed for.
and nifty (50) per cent of the stock subscribed
Tor has been paid in, and shall exist for period
OF ninety-nine (s9) years from this date, unless
sooner dissolved.
ARTICLE
All OF the corporate powers of this corpora-
ton shall be vested in a board of not fewer than
than three (s), nor more than five 90 directors.
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 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 to each stakeholder by the secre- |
tary by mail.
The Board of Directors shall elect a Presi-
dent, Vice-President, and Secretary Urea
surer out of their own number.
ARTICLE vi.
a. A. Ransonet. y. l.. Simmons and j. w.
besnaud. with A. A. Ransonet as Preside mt,
with Z. l.. Simmons as Vice President. and
j. W. Begnaud Secretary Treasurer, shall con.
stitute the first Board of Directors and shall
hold Office until the second Tuesday of August
1918. and until their successors are elected and
qualified.
ARTICLE VII.
Citation shall be served Oh the president. or
in the event of his absence or disability, upon
The vice-president. and whenever this corpora.
hon shall or may be dissolved. whether by lin
tation or otherwise. it's affairs shall be lioui-
lated by one or more iquidators selected by
ne stockholders from among their own number.
ARTICLE VIII. II
No shareholder shall ever be liable or respon. ,
ible for the contracts or faults of the corpora-
Ion In any further sum than the unpaid ba-
ance due on his stock for which he has SUBJ
cribed. nor shall any mere informally in or q
have the effect of rendering this q
harter null or exposing a shareholder to anv ,
liability other than the balance due on his stock
ubscribed for by him.
In order that this act of incorporation NAV
$50 serve as the original subscription list, the
ubscribers hereto, have set forth the number
shares subscribed for by each, opposite their {
ames, with their respective post Office ad- n
ressee, according to law.
Thus done read and passed at my Office in the
own OF Breaux Bridge. La, IN the presence of Il
odfroy Pellerin and Z. Guidroz competent |,
illnesses who hereunto signed their names n
18th the appearers and me. said Notary, on this I,
ourth day of August 1917
No. of Shares Address
A. A. Ransonet. 90 Breaux Bridge. La. +
Jos. w. Begnaud Is II
4. l.. Simmons 20 ~
T. A potiar - A. ~