The Madison journal. (Tallulah, Madison Parish, La.) 1888-current, 1919-02-22
CHARTER OF CHEROKEE PLANT
ING CO., INC.

Be it known that before me, TIE
undersigned authority, duly qualined
and commissioned according to law,
and the witnesses hereinafter named
and undersigned on the fourth day OF
January, A. d., 1919, personally
came Nj. j. Reid, Dr. W. J. Monllaw,
Herbert H. Taylor, r. M. Ashcraft'
Charleta +. Ashcraft, George w. FITS
by, K. II. Hatfield, ard X. L: Taylor
all residents of Chicago, ILLINOIS, D.
l.. Shepard and &. A. Randolph, res
idents of Evanstown, Illinois, ana ~.
H. 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, Tor
the year 1914, they have formed and
organized, and by these presents, do
form and organize themselves into
corporation and body polite Tor the
objects and purposes hereinafter
set forth and expressed which are
hereby adopted as the charter OF SAID
corporation, to-wlt:
ARTICLE l
The name and title Of this corpor-
alton shall be "CHEROKEE PLANT
ING COMPANY, INC.," and by Its
said name it, shall have and enjoy ex,
istance for the full term and period
of ninety-nine years from date mere
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 a seal OF sucn
inscription and uevice as the board OF
Directors may elect ana the same TO
alter and change at pleasure:
Its certificate OF STOCK 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 it's 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
purchase, sac, and lease of agricul-
.ural, timber and other lands, the Gull
tivation, growing, raising, and mark
, citing of all agricultural crops, and the
\ manufacturing, warehouslng, and sale
Of products thereof, ant the buying,
| selling, and rearing of horses, mui' S,
!. nogs, and any and all other kinds OF
. | anima.s and stock in the Parish OF
Madison, Louisiana, or in any Other
II Dart of the State or Louisiana or IN
]. he United States, and in connection
:, With the above objects and purposes
% make advances of money and sup,
!. | plies to it's tenants and others, and t.
,. conduct a general mercantile bust
;. | aess, both wholesale and retail.
oI ARTICLE 8
;. The capital stoc.. of this corpora
;r ton is hereby fixed at Fifty Thous
md Dollars $3.50 ,O00.O0), divided in
y One Hundred (100) shares of tn'
y, var value of Five Hundred Dollars
,r (S500.00) each.
70 The capital stock of this corpora
i. lion may be increased to an amour
h rot exceeding Two Hundred Thous
70 and Dollars, $500, 0OO.00) to be di
vided into Four hundred (400) share
H. of the par value of Five Hundred Dol
r. ars (S5O0.00) each, at any time
20 majority of the stockholders may p
A. prove said increase pursuant to law
r. ARTICLE 4
The corporate powers Of this col
nv poration shall be vested in and exel
If cised by a Board oil Directors of fiv
stockholders, majority of whoI
IN shall constitute a quoren for IN
nc transaction of business, with the fu
III power to purchase, receive by dons
ion, sell, mortgage, pledge, pawn, COZ
A. vey, and lease either as lessor or ie
ID see any property, both zeal and perst
ed nal, to borrow money, and issue tn
hv company's negotiable notes or tont
m either unsecured or secured by lror
az rage on its real estate or by chatt
be mortgage, pledge or pawn, OF its I,e
of sonal property and to do any and
an other acts which this COMPANY is al
or thorized to do in carrying oue the o.
re ects and purposes of this corpor
he ion; to make and establish bylaw
ter md to change the same, to hire, er
nv ploy, appoint any agents or assistant
zee md to fill all vacancies occurring
he Board of Directors by death. re
gnation or otherwise.
", Each Board of Directors shall ele
m rom their number a President,
a. Iice-President, a Secretary-Treasu
n, and Manager.
,rl The office of Secretary and Urea
30 Irer may be held by one or two pc
IONS and when held by two perso
g.. the Secretary may or may not be
M | Director.
,rL The Board Of Directors may be
% creased at any annual stockholdel
meeting to a number not exceedil
nm. seven.
The first board of directors sh,
A. consist of Ray nj. Ashcraft, DR..
act J. Monilaw, b. l.. Shepherd, w Illis
nh. n. Ward, and Herbert H. Taylor, wi
hi. Ray M. Ashcraft as President, DR..
J. Moniiaw as Vice-fresident, B.
ar Shepard as Secretary and Treasur
or and William H. ward as manag,
M who shall hold Office until the fiji