The star-progress. (Opelousas, La.) 1917-1921, 1920-04-03
CHARTER
-Of lHE-
PEOPLES MOSS GIN COMPANY,
INCORPORATED

STATE OF LOUISIANA,

i 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
bred 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 covenanted and agreed, and
by these presents hereby covenant,
agree and bind themselves, as well 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:
AK lille 1.
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 for
the full period of niRety-nine years
from this day and date
ARTICLE III.
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-
tary-treasurer of the corporation, and
in case of the absence of the presi-
dent, yiee-president and secretary
treasurer, then upon the superintend-
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 it's 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
immovable, movable or personal
property incidental, necessary or adj
vantageous to the successful and
proper carrying on of the business of
this corporation.
ARTICLE Nv.
The capital stock of this corpora
ton is hereby fixed at the sum of
Twelve Thousand Dollars ($12,000.-
OOl, divided into or represented by
One Hundred and Twenty (120)
shares of the par value of One Hun
dred Dollars ($100.00) each. The
subscriptions to the capital stock
shall be paid for in cash, property or
rights actually transferred to the cor
poration, or for services actually rem
dered To. the corporation. This CAPT
tai stock may be increased to Twen-
ty Thousand Dollars $500, 000.00) on
complying with the requisites of the
law. and this corporation shall only
commence business when fifty per
cent Of the capital stock shall have
been subscribed and fully paid for
ARTICLE v.
All powers of this corporation
shall be vested in and exercised by a
Board of Directors to be composed Of
three stockholders. The Board shall
elect from among their number a
president, vice-president, secretary
treasurer, and such other officers as
they may think proper or convenient
for the carrying on of the corpora
toms business, and shall have power
to unite two or more officers, and the
same to confer upon one person, and
to fix the salaries of all Officers and
agents of this corporation.
The Board of Directors shall be
elected annually, on the first Thurs
day of March Of each year, beginning
in the year 1921. All such elections
shall be by ballot, at the office OF the
corporation. Notice of the annual