The weekly messenger. [volume] (St. Martinsville [i.e. St. Martinville] La.) 1886-1948, 1917-09-08
CHARTER
TOWN OF BREAUX BRIDGE

STATE OF LOUISIANA.
Before me CD. 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 obligats 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-
clsred 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 ii.
The purposes for which this CORPORATION is
organized. and the nature of the business To bs
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 TO
do general real estate business; to grow, pro.
duce buy or sell any and all agricultural, hor
ticultural, Horticultural and other farm bro.
ducts, including live stock and poultry, and t.
manufacture and convert any and all of the raw
materials Ut 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 AZ
insurance. mortgage and investment compa-
MES; to deal in. own. and buy aud 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 LII.
The Capital Stock of this corporation shall
be TEN THOUSAND (SIO.Ovu.OO) DOLLARS.
divided into ONE THOUSAND shares of a mar
value of Ten DOLLARS (sIU.UO) eacl, paynble
III cash. or property actually received. or as
otherwise provided for or not contrary to Law,
at such time. aud IN such manner rs the Board
Of Directors may determine. The capital stock
OF this corporation may. however. he Increased
10 Three Hundred Thousand 1900. OOc.OO) Dollars,
ARTICLE Nv.
lhls corporation may commences business AS
soon as fifty (5OJ per cent of its authorized
capital stock shall have been subscribed for.
and nifty 500 per cent of the stock subscribed
Tor has been paid in and shall exist for period
of ninety-nine (9sl years from this date. unless
sooner dissolved.
ARTICLE
All of the corporate powers of this corpors-
ton shall be- vested i'm board Of not fewer than
than three 49,, nor more than five go directors.
a 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 il 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.
ion fifteen Q5) days previous notice Id writing |
shall be sent to each stakeholder by the secra-
AIRY by mail.
The Board of Directors shall elect a Presi.
lent. Vice-President, and Secretary Trea-
'urer. out Of their own number.
ARTICLE vi.
A. A. Ransonet. r.. l.. Simmons and j, w,
5egnaud, with A. A. Ransonet as Preside nj.
With +. l.. Simmons as Vice President. and
J. W. Begnaud Secretary Treasurer. shall con-
titute the first Board of Directors and shall
lold office until the second Tuesday of Aupust
9ls. and until their successors are elected and
Iualifed
ARTICLE VII.
citation shall be served Oh the president. or
the event OF his absence or disability. upon
he vice-president. and whenever this corpora.
lou shall or may be dissolved whether by lim-
la'ioD or otherwise. its affairs shall be lioui.
ated by one or more liquidators selected by
he Stockholders from among their own number.
ARTICLE VIII.
No shareholder shall ever be liable or respon-
IDLE Tor the contracts or faults of the corpora-
ION In any further sum than the unpaid ba.
'nce due ON his stock for which he has sub-
criDed. nor shall any mere informally in Or
Hnization have the effect of rendering this
harter null or exposing shareholder to any
ability other than the balance due on his stock
for by him.
10 order that this act Of incorporation may ,
$50 serve Ms the original subscription list. the
ioscrioers hereto. have set forth the number
! shaies subscribed for by each. opposite their
ames, with their respective post Office ad- {
resses, according to law
Thus done read and passed at my Office in the
own OF Breaux Bridge. La. IN the presence of
odfroy Pellerin and +. Guidroz competent Z
illnesses who hereunio signssl their namss
it'll the sppsarers and me. said Notary. on th;. q
Durth day of August 1917.
No. of Shares Address
A. A. Ransonet, ~, Breaux Rridv. In
joe. W. Begnaud Is /.
4. l.. Simmons 70
j. A. Pnfier