The Madison journal. (Tallulah, Madison Parish, La.) 1888-current, 1919-03-01
CHARTER OF CHEROKEE PLANT
ING CO., INC.
State ofLouisiana,

II d
Be it known that before me, the
undersigned authority, duly qualineo
and commissioned according 10 law,
and the witnesses hereinafter namea
and undersigned on the fourth day OF
January, A. d., 1919, personally
came Nj. J. Reid, Or. W: J. Monliaw,
Herbert h. Taylor, K. M. AShcra1t'
Charleta r. Ashcraft, George w. FITS
by, K. n. Hatfield, ard K. l.: Taylor,
all residents of Chicago, limos, ID.
L.. Shepard and &. A. Randolph, res
idents of Evanstown, Illinois, ami u.
n. Miller, a resident of Herrln, Ill,
and William II. Ward, i resident o.
Tallulah, Louisiana, who several.y de-
clared and acknowledged that avail
ing themselves of the laws of the
State of Louisiana, and particularly
of Act No. 267 of the General AS
sembly of the State of Louisiana, for
the year 1914, they have formed and
organized, and by these presents, do
form and organize themselves into
corporation and body polite for the
objects and purposes hereinafter
set forth and expressed which are
hereby adopted as me charter of said
corporation, to-wit:
ARTICLE l
The name and title of this corpor-
alton shall be "CHEROKEE PLANT
ING COMPANY, lNC.," and by Its
said name it shall have and enjoy ex-
istance for the full term and period
of ninety-nine years from date here
of.
Its domicile shall. be in the Village
of Tallulah. Parish of Madison, Lou
isiana, at the office of William ii.
Ward, and it shall have seal OF srcn
inscription and uevice as the board Of
Directors may elect ana the same to
alter and change at pleasure.
Its certificate OF stocn shall be
signed by the President, and Secre-
tary, and bear the impress of the seal
of the corporation.
1t shall have power and right to
hold, purchase, receive by donation
or otherwise, and to sell, mort
gage, lease, pledge, pawn, chattel
mortgage, and otherwise convey prop
erty both real and personal, movau.e
and immovable.
1t shall have Tie right to borrow
money and issue its negotiable notes
or bonds unsecured and secured by
mortgage. pledge, pawn, chattel mort,
gage, or lien on its property, both real
and personal, and have power to sue,
or to be sued in its corporate name.
| The President, and in his absence,
the Vice-president, and in his absence
the Manager, is hereby designated as
the officer upon whom all citations
or other legal process shall be served.
ARTICLE 2
| The objects and purposes for which
this corporation is organized and the
nature of the business to be carried
on by it are hereby declared to be the
pure aase, sale, and lease of agricul-
tural, timber and other lands, the cul-
.ivation, growing, raising, and marx
citing CT all agricultural crops, and the
manufacturing, warehousing, and sale
of products thereof, anu the buying,
selling, and rearing of horses, mul's,
hogs, and any and all other kinds Of
animals and stock in the Parish OF
Madison, Louisiana, or in any other
part of the State or Louisiana or In
the United States, and in connection
with the above objects and purposes
to make advances of money and sup
plies to its tenants and others, and to
conduct a general mercantile bust
ness, both wholesale and retail.
| ARTICLE 8
The capital stoc.. of this corpora
ton is hereby fixed at Fifty Thous-
and Dollars ESQ, 0O0.00), divided in
% One Hundred i100) shares of the
par value Of Five Hundred Dollars,
(S500.00) each.
The capital stock of this corpora
ton may be increased to an amount
not exceeding Two Hundred Thous-
and Dollars, ($200,000.00) to be di-
vided into Four hundred (400) shares
of the par value of Five Hundred Dol
lars (S500.00) each, at any time Q
majority of the stockholders may p
prove said increase pursuant to law
ARTICLE 4
The corporate powers of this cor
poration shall be vested in and exer-
cised by a Board OF Directors of five
stockholders, majority of whon
shall constitute a quorem for the
transaction of business, with the fui
power to purchase, receive by dona
ton, sell, mortgage, pledge, pawn, con
vey, and lease either as lessor or les
/; see any property, both zeal and perso
nal, to borrow money, and issue the
COElpdny,S NtSOIldUle HOteo WI tVii''
J either unsecured or secured BY rort
t gage on it's real estate or by chattc
: mortgage, pledge or pawn, Of its per
sonal property and to do any and al
l other acts which this company is au
thorized to do in carrying out the OBJ
jects and purposes of this corpora
P ton; to make and establish bylaw
r and to change the same, to hire, EN-
ploy, appoint any agents or assistants
E and to fill all vacancies occurring /.
the Board Of Directors by death. res
,gnation or otherwise.
Each Board of Directors shall cleo
from their number a President,
: Vice-President, a Secretary-Treasur
er, and Manager.
The office of Secretary and Treas
: urer may be held by one or two per
sons and when held by two person
= the Secretary may or may not be
J. Director.
The Board Of Directors may be in
: creased at any annual stockholders
meeting to a number not exceeding
= seven.
The first board of directors shal
: consist of Ray NJ. Ashcraft, DR.. W
I J. Monilaw, b. l.. Shepherd, w illiar
= n. Ward, and Herbert ii. Taylor, wit
S Kay nj. Ashcraft as President, DR.. w
j. Monilaw as Vice-President, B. |
: Shepard as Secretary and Treasure
: and William Il. ward as manager