The true Democrat. [volume] (Bayou Sara [La.]) 1892-1928, 1917-08-25
CHARTER OF THE WEST FELiciANA
DEVELOPMENT COMPANY,
INCORPORATED

. t"iHifN W AH''t8..'ttf'lftF 3 at' 't"tf we
FsHoiaBa
/ BE IL known thai on this the 18th day Of
+ the month of August. ln the year 81 eur
[ Lord Nineteen Hundred and SEES euteou
/ aua 81 the Independence 81 the tnltod
states Of America the one Hundred and
/ Forty scrund, before me Eugene 5. Muss
|a NWary puhte duly commissioned and
qualified tn and Iov the Parish Of West
| Fellrtana Louisiana and ~ the presence
/ Of the witnesses hereinafter named and
undersigned personally came and APP
p.ar.d ia. persons whose names are here
unto subscribed aii ct tbr full age Of
Majority tua residents 1t the Parish at
/ West FslfetaHa. Louisiana, who declared
|that awaiting themselves ef the prov spuH
az the laws G the state u Louisiana,
arpJieablo thereto aud particularly the
Act eft the Legislature 81 this state,
( known as Art No gG7 of the Acts Of lBiA
/ tbey ae by these presents covenant and
/ agree and hind themselves as well as
ouch either persons AZ may heroine here
after Hsaortuted with lheiB. la order tu
I form Rud constitute corporation % body
publlr. iu law. fer the objects sud pur-
| posses and under the stipuIatiuus follow
ue to-wEt
ARTICLE
! The name and tit!s Of this corporation
shall be- the West Felir,3na Development
/ rompHHe incorporated and IL shall have
/ aua enjoy succession and existence gDf "a
/ period uf ninety n,pe years from the date
hereof And shall have, enjoy and possess
| all the right powers privileges and i'm
muulttss accorded 10 corporations under
! tn. las
ARTICLE II
! The domiclis of this corporation shah
/ hr iu the town of "a FranrlsyiIle, state
( ut Louisiana. where sH citation and other
( rrai process shall be- had upon the preti-
( dent Hpd in case Of his absence upon the
vice president. and ia case Of the absence
ST the president and vice president. upon
/ tbe secretary treasurer thereof
ARTICLE M
( Thr objects ana purposes for which this
/ corporation is organized, and the nature
+ ui Ihe business 90 bee carried ou by II are
hereby declared Is he 70 engage in the
/ bus ing and selling Of All farm aud plauta-
/ ti8H products II every nature Kind and
character whatsoever Including dairying
md the selling at dairy products la the
raising buying and selling Of cattle
mulra horses and other domestic animals
and au kinds at poultry. and In further
aunp thereof a. buy. tease or acquire such
! real property AZ may hs necessary %
Conveniently and properly conduct and
prosecute said business and Go establish
snd maintain factories. plants ard ans
other convenience fur tts business, and
generals tu da an things necessary and
proper pertaining ~ Incident 10 Rneh
business AND 60 engage iu wholesale and
retail mercantile HHd produce business In
( the Parish IT West Fel,lana and else
here aud Go hay and sell. lease and rent
real estate. establish operate and main
m.H puddle gins congresses, factories
and plants in the Parish 81 West Fviteiaua
ARTICLE "
The capital stock IT this corporation II
+ hereby declared to he Five Thousand
/ 81 Hao aul Dollars, divided into Five Hun
( bred ,5pg1 shares, II the par value OF
/ Ten Dollars ttlo1 each An stock sub
Nyrlssd reg shall be payable Ia cash nc The
time that the certificate therefor IL issued
/ or the saaue may he issued for property
IHrtuallE received by said corporation, and
/ this corporation shall he operating and a
going business WHEN Two Hundred and
[ FlHy 500 shares If It's capital stock shall
/ have been subscribed and paid for, to-wlt
I re Tie execution Of these presents Tn,
amount Of capital stock herein provided
foe may hy Increased according to law 10
uuc Hundred Thousand Dollars fgiDh oB0
ARTICLE
No transfer Of stock shRii be binding
| upou this corporation unless same appears
upon tbr books thereof No stock holder
SHAH have the right 10 assign or transfer
ag} share or shares Of stock held hs him
uHlsss be shall have FIRST offered same in
writing 10 the tiuard of Directors which
shall have the right "a purchase same
within ten days thereafter az the valua
t1a determined b. the Board and he ease
81 dissatisfaction as 10 the price the
matter shall be aFhitmted. one arbitrator
with the powers ot amieabie tumpuunters
Co hs appointed by each side and an un.
psre o. be- selected by those TIVE. who shall
lahr uath aud whose decision shall DO
final And sn shares at stock when So
purchased may he ro.issuea "a not less
than par
ARTICLE VI
The corporate powers IT this corporation
shall hc vested In a board ~ directors Ca DE
composed 81 seven directors 60 be elected
hY the stock holders at general meeting
t1 be held en- the FIRST Tuesday after the
Hrst Monday at January Of each year, at
witch election each share Of stock shall
he entitled TO one vote No stock holder
.nf this stock corporation shall he eligible
ss "a director unless be owns ia his own
name at least uHr fun paid share Of the
capital stock Notice Of such election
shall be- given by publication ia news
paper fnr two ISSUES previous 10 such
election.
The board uf directors shalt have the
power ia make all by laws, rules and
regulations not Inconsistent herewith
Necessary with the conduct Of the business
and affairs Of the corporation, and shall
elect irons ths.f number a president, Vice
president and a secretary treasurer
Until the election ia be held as herein
above provided the following persons shall
constitute the FIRST Roari 81 Directors,
earh Of whom owns one OF more i,iii paid