The Colfax chronicle. [volume] (Colfax, Grant Parish, La.) 1877-1981, 1920-01-10
CHARTER
OF THE
Farmers Cooperative Products Com
pany Incorporated.
STATE OF louisiana, I
Parish of Grant.

Louisiana, appeared Frank Hamilton.
James Christian, James +. Ball, Il. +.
Hawthorn, r. A Walker. j. w. Wool
ey. j. w. Bickman, 0. M. Dorsey. Z.
D. Groves, all of whom are over the
age of twenty-one years, are residents
Of the Parish of Grant, State Of Lou
isiana, and have for their postofiice adj
dress the town of Pollock. Grant par
Ish, Louisiana, with the exception OF
James +. Ball, who is a resident of the
Parish of Rapides, Louisiana, and
whose postofi1ce 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 1.
The name of the corporation is the
FARMERS CO. OPERATIVE PRO-
DUCTS COMPANY, INC.
ARTICLE 2.
The purpose for which this corpora
ton is formed is to engage in the BUSH
,ess of planting, growing, storing,
marketing, buying, selling, handling
otherwise dealing in farm products OF
my kind or description.
ARTICLE 8.
The amount of the capital stock is
Zen Thousand ($l0, 000.00) Dollars, d.
yided into One Thousand (1000) shares
If the par value of Ten $4,000 Dol
Jars each, of which capital stock six
hundred (600) shares have been sub
;cribed as shown by subscription list
hereto annexed.
Said capital stock may be increased
to the sum of Twenty Thousand $780,
100. 0O) Dollars either by resolution of
the Board of Directors or by resolution
If the stockholders at meeting called
for that purpose.
ARTICLE4.
The domicile of this corporation is
Pollock. Grant parish, Louisiana.
ARTICLE 5.
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 Monday
ia November, 1920. or until their sue
cessors have been elected and qualified,
consist of the said C. o. Groves. Frank
Hamilton, James A. Christian, James
e. Ball, E. P Hawthorn, R. A. Wal
ker, J. w. Wooley, J. w. Bickham and
.. M. Dorsey.
fhe Board of Directors is invested
with all of the powers of this corpor-
Ation, subject to such restrictions as
may be named in this charter. The re-
naming directors may fill vacancies in
their membership caused by death, res
ignation or otherwise.
The stockholders meeting for the
election of directors shall be held an
Iually on the first Monday in Novem-
Der of each year, at Pollock, Louisiana
and notice thereof must be deiived per-
sonally or by depositing in the postof-
ice properly addressed to each stock
holder of record at least fifteen (l5l
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
snare of the capital stock held by him,
or he may send his vote by letter the
signature of which must be acknown-
| L
officer authorized to take affidavits
Each director shall own in his own
light at all times during the term of
Office at least one full paid ard I'M
pledged share of the capital stock.
which fact shall be shown by written
declaration. Stockholders meetings
for any other purpose may be called at
any time by resolution of the Board OF
Directors and upon giving the same
notice hereinabove prescribed. A ma
jority of the directors will constitute a
quorum for any meeting of directors.
A majority of the votes cast at stock
holders meeting shall bind the corpor-
alton.
ARTICLE z.
The officers of this corporation shall
be President, President, and a
Secretary Treasurer, the offices of Sec
rotary and Treasurer being combined
in one person, which officers shall be
elected annually by the directors. IN
til the next election or until their sue
cessors are elected and shall have quail
fed the said c. o. Groves shall be presi-
dent, the said Frank Hamilton shall be
president, and the said James A.
Christian, secretary treasurer.
ARTICLE 8.
Service of process shall be made up
on the President, and in his absence up
on the Vice-President, and in the abb
sence of both upon the Sect'ry Treas
urer.
Thus done, read and signed at Pol
lock, Louisiana, on the day and date
first above written in the presence of
of me. Notary, ard the undersigned
witnesses.
Names. No. of Shares.
C. O. GROVES, Is
FRANK HAMILTON, Is
r. A. WALKER, Is
j. w. BICKHAM, 8
o. M. DORSEY, 10
w r RORERTC In