The Colfax chronicle. [volume] (Colfax, Grant Parish, La.) 1877-1981, 1920-01-24
CHAR TIER =
OF THE
Grant Land and Development Com.
pany, Incorporated.
STATE OF LOUISIANA
PARISH OF GRANT

oCiOiC niSs tLC utidCISIkI6u~ 1QI8IA
public, personally came and appeared
the persons whose names are hereuntt
subscribed. and residents Of the Parish
of Grant, State of Louisiana, who de.
clared that availing themselves of the
privilege conferred by th&laws of tbs
State of Louisiana and especially BY
Act 267 of the Acts Of the General AS.
sembly of the State of Louisiana TO,
year 1914. relative to the formation Of
corporations, they have formed and dc
hereby constitute themselves into q
corporation and body polite in law, for
the objects and purposes hereinafter
set forth and under the name and style
hereinafter specified, and to that end
they hereby formulate and adopt the
following articles of incorporation, to-
wit:
ARTICLE ONE.
The name and style of this corpora
ton shall be GRANT LAND e DE-
.VEL0PMENT COMPANY. INC, and
its domicile is hereby fixed at Pollock,
Grant Parish, Louisiana.
ARTICLE TWO.
The object and the purposes for
which this corporation is formed and
the nature of the business to be carried
on by it are hereby declared to be:
The buying and selling of mineral leas-
es, options thereon, lands, oil. gas.
gravel. and all character of mineral
rights, and to mortgage, exchange.
and cucumber and trade any of them:
to own and operate pipe lines ard drill
ling rigs, and gravel mining tools and
tram roads in connection with gravel
operations should the business require
It, to own, use and dispose of any ami
all things necessary to the carrying on of
the business herein above outlined and
to-employ all labor, common and skill
ed, necessary therefor or CONVENIENT.
and to build and erect such structures
or buy the same as the business re-
quires and to sell or dispose of them or
any other property Of the company as
the board of directors may see fit at
such prices as the board may name in.
resolution therefor.
ARTICLE THREE.
The capital stock of this corporation
shall be twenty five thousand dollars
divided into one thousand shares OF
twenty five dollars each, all of which
shall be common stock, and the capital
stock may be increased to fifty rhous-
and dollars, one half Of the amount of
capital stock is subscribed
with the filing of these articles Of in
corporation and paid up at time of sub
scription.
ARTICLE FOUR.
The affairs of this corporation shall;
be conducted end managed by board
Of directors, FIVE in number. three OF
whom shall constitute quorum, who
shall be elected from the stockholders
at a meeting of stockholders to be held
annually on the first Monday in April.
beginning with the year, 1920. and Mr..
Frank Hamilton, r. T. Tucker. G. A.
Foster. w. L. Boswell and f. q. Max
well shall constitute the first board of
directors of whom Mr.. Frank Hamilton
shall be president, w. L. Boswell Sec
rotary, and w. L. Boswell manger and
treasurer, the salaries Of said officials
10 be fixed BY the stockholders at the
annual meeting.
The board of directors shall meet the
irst Monday of each month at time
designated by the board at its first /
meeting and shall at convenient time
idopt rules and regulations for the /
conduct of the affairs of the corpora
ion. The stockholders may also at anvj
annual meeting adopt rules, if the inter
st of the corporation requires.
Inc directors named above all reside
I Pollock, Grant parish, Louisiana.
ne directors above named shall hold
NICE until their succ sssors are elected |.
W annual meefinof of stacL I<,l1a~r al