The star-progress. (Opelousas, La.) 1917-1921, 1920-04-10
CHARTER
PEOPLES MOSS GIN COMPANY,
INCORPORATED
STATE OF LOUISIANA,

Parish OF st. LANDRY.
Be it known, that on this first day
Of the month Of March,. in the year
of our Lord One Thousand Nine Hun
dred and Twenty, before me, L. Aus
tin Fontenot, a Notary Public, duly
commissioned, qualified and sworn
in and for the parish and state above
written, and in the presence OF the
witnesses hereinafter named and un-
dersigned, personally came and APP
peared the several persons whose
names are hereunto subscribed, who
declared that availing themselves OF
the laws of the State of louisiana,
and especially of Act No. 267 of the
General Assembly of the year 1914,
they have eovenanted and agreed, and
by these presents hereby covenant,
agree and bind themselves, as wen as
such other persons as may hereafter
become associated with them, to form
a corporation for the objects and pur-
poses, and under the stipulations, ar
ticles, limitations and conditions fol-
lowing, to-wit:
ARTICLE !.
The title and name of this corpora
ton shall be the PEOPLES MOSS |
GIN COMPANY, INC, and by that |
name it shall have power and author
ity to exist and enjoy succession Tor
the full period of ninety-nlne years
from this day and date.
ARTICLE IL.
The domicile of this corporation
shall be in the Village of Palmetto,
| in the Parish of st. Landry, State of
| Louisiana. All citations shall be
served upon the president of this cor
poration, or in his absence upon the
vice-president, or in the case OF the
absence of both the president and
/ vice-president, then upon the secre-
ltary-treasurer of the corporation, and
in case of the absence of the presi-
dent, vice-president and secretary
treasurer, then upon the superlntend-
ent in charge of the factory.
ARTICLE III.
| The objects and purposes for which
this corporation is organized and the
nature of the business to be carried
on by it, are declared to be as fol-
lows, to-wit:
! The gathering, buying, cleaning,
curing and the selling OF moss; to
own and operate moss gins, storage
rooms and warehouses; to own and
operate factories or machinery to
: manufacture moss into its various
. marketable forms; to acquire the
ownership and control Of trade marks,
designs and formulas for the cleaning,
, curing, manufacturing and selling OF
moss; to acquire, build, lease, sell,
! exchange and otherwise dispose OF
1 immovable, movable or personal
! property incidental, necessary or ad-
vantageous to the successful and
proper carrying on of the business OF
: this corporation.
e ARTICLE Nv.
/ The capital stock of this corpora
: ton is hereby fixed at the sum OF
: Twelve Thousand Dollars ($12,000.
O0), divided into or represented By
: One Hundred and Twenty (12O)
shares Of the par value of One Hun
O dred Dollars ($100,00) each. Th'
: subscriptions to the capital stool
shall be paid for in cash, property o.
{ rights actually transferred to the cor
e poration, or for services actually rem
it dered to the corporation. This CAPT
:. tai stock may be increased to Tween
: ty Thousand Dollars ($2O,000.00) OF
complying with the requisites of tn
, law, and this corporation shall onl
ie commence business when fifty pc
it cent of the capital stock shall nav
e been subscribed and fully paid for.
= ARTICLE v.
= All powers of this corporatio.
shall be vested in and exercised by
% Board of Directors to be composed Q
IS three stockholders. The Board sha
If elect from among their number
h president, president, secretary
treasurer, and such other officers a
e they may think proper or convenien
n for the carrying on of the corpora
tons business, and shall have powe
to unite two or more officers, and tn
same to confer upon one person, an
- to fix the salaries of all officers an
agents of this corporation.
The Board of Directors shall b
elected annually, on the first Thurs
s. day of March of each year, beginnin
lie lin the year 1921. All such election
n shall be by ballot, at the office of tn
IN CORPORATION. Notice of the annuS
: meetings, as we'll as special meeting
e of the stockholders, shall be given b
O. written notice mailed fifteen days
e. advance of the date of the meetin
in Ito each and every stakeholder of re'
nj ord on the books of the corporation
Each stakeholder shall be entitled
one vote for each and every share {
"a stock standing in his name on tn
hooks of the corporation, said vote
be cast in person or by written prox,
Failure of the stockholders to meet {
q herein provided shall not work TO.
fixture of this Charter, but the Dire
tors and officers then in office sha
hold over until their successors al
= elected and qualified.
r Untile the annual meeting TO
s. held in the year 1921, or until resi'
Ne Enation, the Board of Directors sha
! consist of the following: =
B. w. Clopton, Morrow, La;
g A. A. Richard, Palmetto, La;
ny ]. H. Bernhard, lie Moyen, Lar
and of the foregoing, B. w. Clopto
shall be president, A. A. Richard sha
be president, ]. H. Bernhard shs
be OBSERVATION-DISCLOSURES.
In the event of the death or resi-
u nation of any officer or director, Il
remaining directors by majorit
. vote of those in office may chool
his successor, who shah serve uni
the next annual election.
ARTICLE vi.
= No stakeholder shall ever be he
liable for the contracts or faults
10 rer