The Madison journal. (Tallulah, Madison Parish, La.) 1888-current, 1919-02-01
ARTICLE l


signed by the President, and Secre-
| tary and bear the impress Of the seal
of the corporation.
/ 1t shall have the power and right to
| hold. purchase. receive by donation
| or otherwise. and to sell. mortgage,
I lease, pledge. pawn chattel mortgage,
and otherwise convey property both
real and personal, movable, and I'M
movable.
1t snail have the 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 shall have pow
er 20 sue and 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 citation 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
cultural, timber, and other lands,
the cultivation, growing, raising, and
marketing of all agricultural crops.
and the manufacturing, warehousing,
and sale of products thereof, and the
buying, selling, and rearing of horses,
mules, hogs, and any and all other
kinds of animals and stock in the
parish of Madison, Louisiana, or any
other part of the State of Louisiana
or of the United States, and in con-
nection with the above objects and
purposes to make advances of money
and supplies to its tenants and others.
and to conduct a general mercantile
business, both wholesale and retail.
creased at any annual stockholders
the unpaid balance on the stock for
Carlton A. Randolph. 40S Lake St,
er IN and for the parish of Madison,
this 9th day of January, 1919.
pointed Gay. When he returned to
ARTICLE
The capital stock of this CORPORA
ton is hereby fixed at Two Hundred
Thousand Dollars $500, 100000. di-
vided into Two Hundred (2OO) shares
of the par value of One Thousand
Dollars Isl ,OO0.O0) each.
The capital stock of this corpora
ton may be increased to an amount
not exceeding Five Hundred Thous-
and Dollars (S500,00O.OO) to be di-
vided into Five Hundred (5OO) shares
of the par value of One Thousand
Dollars Isl, 000.00) each, at any time
a majority OF the stockholders may
approve said increase pursuant to
law
ARTICLE
The corporate powers of this cor
poration shall be vested in and exer-
clsed-by Board of Directors of four
stockholders, a majority of whom
snail constitute a quorem for the
transaction of business, with full DOW
er to purchase, receive by donation,
sell, mortgage, pledge, pawn, convey,
and lease either as lessor or lessee
any property both real and personal.
to borrow money, and issue the COM
panys negotiable notes or bonds Ell
tner unsecured or secured by mort
gage on It's real estate or by chattel
mortgage, pledge, or pawn, of its per-
sonal property and to do any and all
other acts which this company is au-
thorlZed to do in carrying out the OBJ
Jects and purposes of this CORPORA
tlon; to make and establish bylaws
and to change same, to hire, employ.
and appoint any agents or assistants.
and to I'LL all vacancies occurring in
the Board of Directors by death. res
lgnation, or otherwise.
Each Board of Directors shall elect
from their number a President a
Vlce-President, a Secretary Treasur-
err, and a Manager.
The office of Secretary and Treas
urer may be held by one or two per-
sons and when held by two persons
the Secretary may or may not be a
Director.
The Board of Directors NAV be in
creased at any annuay stockholders |
meeting to a number not exceeding
seven.
The first Board of Directors shall |
consist OF Herbert H. Taylor. Carl |
ON A. Randolph, Jessie B. Erwin. ana |
William h. Ward, with Herbert H. |
Taylor as President, Carlton A. Ram
iolph as Vice-President, Jessie B. En-
WIN as Secretary and Treasurer, and |
William n. Ward as Manager. who
shall hold office until the first Mon
lay Of January, 1920, or until their
successors have been duly elected.
On the first Monday of January.
1920. and annually thereafter on the |
irst Monday of January Of ,ach year
he stockholders shall M Cor the
purpose of erecting Fsed BYE Di- |
-ect OrS and tht. tranS=rU . 20 ret,ch
)ther business as marce III the corn. |
before the meeting-r- certain emerge
Written notice Ga 4,,ri,,,, rho ~,
ers' meetings sha- - 1.,.,.-- - =
;onally or by de ''-'pi1 '"pp-''S u q
Dostotfice addres country ana Europe.
er's last known -------
,een days befo ar;o., VA u.-, I'D
Other stock P.,.r.,.5r ,,;-,1 -
ouisiare pdvick. Z. S. ". retire
At all sto'chle1 Oh stan 10 Admir-
share Of ste during the SFanish-Amel
vote, to bsr. died at his winter non
the laws
This
amend