The Colfax chronicle. [volume] (Colfax, Grant Parish, La.) 1877-1981, 1919-12-13
CHARTER
OF THE
Farmer Cooperative Products Com
pMy Incorporated.

Parish of Grant.
Be it known, That, on this, the 3rd..
day of December, A. d. 1919, befors
me, w. P. Guynes, notary Public in
and for the Parish of Grant, State Of
Louisiana. appeared Frank Hamilton,
James Christian, James F. Ball, Z. p.
Hawthorn, r. A. Walker, j. w. Wool
ey, j. w. BIckman, O. M. Dorsey, G..
.. Groves, all of whom are over the
age of twenty-one years, are RESIDENT
of the Parish of Grant, State of Lou.
Eisiana. and have for their pootof1Sg ~
dress the town of Pollock. Grant par
ish, louisiana, with the exception of
James F. Ball, who is resident of the
Parish of Rapides, Louisiana, and
whose postoffice is Alexandria. La.
who declared unto me, Notary, in the
presence of the undersigned witnesses
that they unite to form stock corpo-
ration for the business purposes herein-
after set forth and under the following
articles of Incorporation.
ARTICLE /.
The name of the corporation is the
FARMER COOPERATIVE PRO-
DUCTS COMPvNY INC.
ARTICLE 2. ~
The purpose for which this corpora
ton is formed is to engage in the BUSH
ness of planting, growing, storing,
marketing, buying, selling, handling
otherwise dealing IN farm products of
any kind or description.
= ARTICLE 8.
The amo Int of the capital stock is
Ten Thousand ($l0, 600. 00) Dollars, d.
vided into One Thousand (l00O) shares
OF the par value of Ten $50. 0O) Dol
lars each, of wiic'l capital stock six
hundred (60J) shares have been sub
scribed as shown by subscription list
hereto annexed.
Said capital stock may be increased
to the sum of Twenty Thousand $780,
OO0.00) Dollars either by resolution of
the Board of Directors or by resolution
of the stockholders at a meeting called
for that purpose.
ARTICLE4.
The domicile of this corporation is
Pollock. Grant parish, Louisiana.
ARTICLE s.
The period Of this corporations du-
ration is ninety-nine (99) years unless
sooner dissolved according to law.
ARTICLE 6.
The number of directors shall be
nine, and shall until the first Msanday
in November, 1920, or until their sue
cessors have been elected and qualified,
consist of the said G.. o. Groves, Frank
Hamilton, James F. Ball, Z. P. Haw-
thorn, RIA. Walker, j. w. Wooley. ].
w. Bickham and o. M. Dorsey.
The Board of Directors is invested
with all of the powers of this corpor-
alton, subject 10 such restrictions as
may be named in this charter. Toe re-
naming directors may fill vacancies in
their membership caused by death. res
ignationor otherwise.
The stockholders meeting for the
election of directors shall be held an
nually on the first Monday in Novem-
Der of each year, at Pollock, Louisiana
and notice thereof must be delived per-
sonally or by depositing in the postof-
fee properly addressed to each stock
holder of record at least fifteen u5)
days before such meeting. Each stock
holder shall at this and every stock
holders meeting be entitled to one vote
in person or by written proxy for each
share of the capital stock held by him,
or he may send his vote by letter the
signature of which must be acknown-
lodged before Notary Public or other
officer authorized to take affidavits
Each director shall own in his own
right at all times during the term Of
office at least one full paid and IN
pledged share of the capital stock.
which fact shall be shown by written
declaration. Stockholders meetings
for any other purpose may be callen at
any. time by resolution of the Board of
Directors and upon giving the same
notice hereinabove prescribed. A ma