The Concordia sentinel. (Vidalia, Concordia Parish, La.) 1882-current, 1921-04-02

J Dell, OleTh Vi NOurC ICr CO0COrQld
/ Parish, La, who is designated as
agent for said purpose, until such
time as such d designation shall be
changed by resolution of the Board
( Of Directors of said corporation. and
a certified copy of said resolution
recorded in the Corporation Records
Of Ccncordia Parish, La, in the office
Of said Clerk of Court, and a copy of
such resolution forwarded to the
Secretary of State for his files. This
corporation shall also have an Office IN
the City of Chicago, State of Illinois.
ARTICLE TWO.
The purposes for which this cor
poration is formed are to own and
operate, or operate without OWNING,
plantations in Louisiana; or elsewhere
buy and sell real estate and personal
property; mortgage same and take
Mortgages upon same, and to lease
same from others or to others; 20 do
"a mercantile business; manufacture
/ agricultural products; to engage IN
7 l.VesUocl; bU~iness; build and repair
houses and do a general contracting
busir ess; to own and operate or 20
operate without owning, saw mills
and ether wood working plants and
to deal in TIE production thereof; to
manufacture electricity and ice; TO
own and operate, or to operate with
out owning sav mills, boats ard bar
ges.
ARTICLE THREE.
TIE powers of this corporation shall
be I'll that are necessary, useful,
incidental or customary pertaining to
tho purposes fer which this corpor-
alton is formed, including the power
to incur debts and to issue, receive
ard collect Dromissory notes, bonds
mortgages, pledges and all otheS mer-
camille paper.
ARTICLE FOUR.
All Of the corporate powers shall
be vested in a Beard of three Dirlct
ors, who shall be stockholders of slid
corporation, two Of whom shall co:l-
stitCte quorum, to do business.
Meetings of the Board of Direct3t.
shall be held at the domicile of uae
Company, urless all of the Directors
agree in writing to hold their met
ings at some other place, in which
event they may meet at any other
place, either in the State of Lou.si-
ana, or any other State. The Board
OF Directors may fix regular meetings
by resolution, and as to regular meet
ings it shall not be necessary to mott
fy the members to attend As to all
call meetings, each member must De
notified either by the Secretary OF
some other member,in writing. AT
least seven days before the meeting
unless he consents, in writing, for the
meeting to be held at an earlier date.
ARTICLE FIVE.
The capital stock of this corpor-
alton shall be ONE HUNDRED and
FIFTY THOUSAND DOLLARS
$3.50, 000.00) divided into Fifteen
Hundred (1500) shares of the par
value of One Hundred Dollars ($1UO.-
00) each, none of which shall be pre-
ferred stock; ONE HUNDRED
THOUSAND DOLLARS 100000.
00), of which capital stock is sub
scribed and fully paid up and non
asseasable.
The capital stock may be increased
to ONE MILLION DOLLARS ISL
900, 100000. No stockholder shall
transfer any stock in the corporation
until he has offered to sell same to
the corporation at the lowest price
nv VIII ASSSpk 1OA ScblliC anu las given
the corporation a reasonable time IN
which to accept said offer.
No tranfer of stock shall be bind
ing upon the corporation until the
stock certificate representing same
has been surrendered to the proper
officer of the corporation and a new
certificate issued to the tranSferee.
ARTICLE SIX,
A meeting of the stockholders for
the election Of Directors. or other
business, shall be held annually at
the doElicile of the corporation, on'I
the. second Monday in January of
each year.
Each stakeholder shall have one
vote for each share of stock owned
by him in the corporation.
ARTICLE SEVEN.
Until their successors are elected
and qualified, the following shall
constitute the officers and Directors
of this corporation.
RQET. A. POTTINGER, President
and Directcr.
JOE ARENSoN, ce-President.
and Director.
JOHN LTPOWSKI, Secreary-T res-
surer and director.
Thus passed at my Office in the
Town of Vidalia, in said Parish and
State, in the presence of said witness
es, on this 18th day of March, 1921,