The Opelousas courier., 1883-10-20
JUDICIAL NOTICES.
Charter Of OpelouSas Merchants EEChanI
STATE OF LOUISIANA, PARISH OF ST. Lam
dry. Town of 0Dei0usas.

STATE UF LOUISIANA, PARISH UT 81. Ian
dry, Town OF 0peIousas.
BE it known that on this twenty first day
of September, A. d. eighteen hundred and
eighty-three. before me, William Charles Per
rault. q notary public in and for st. Landry
parish, La, duly commissioned and qualified,
and in presence of the witnesses hereinafter
named and undersigned, personally came and
appeared the several persons whose names
are hereunto subscribed, who declared that,
availing themselves Of the provisions of the
laws of the State of Louisiana relative to the
organization Of corporations for works OF pub
lie improvement and utility, they have con-
traeted and agreed, and do by these presents
covenant and agreo and bind and obhgate
themselves, as we'll as such persons as may
hereafter become associated with them, to
form and constitute corporation and body
pelitic in law, for the objects and purposes,
and under the agreements and stlpulatlons
following, t0-wit:
Art. First.-The name and title of this cor
poration shall be 9. The Opelousds Merchants
Exchange" and by that name this corporation
shall have power and authority to have and
enjoy succession for the full term and period
of ninety nine years from and after the day
and date hereof; to contract, sue, and be
sued to make and use corporate SEAL and
the same to break and alter at pleasure; to
hold, receive, purchase and convey, as we'll as
mortgage and hypOthecate, under its corpo-
,
to name and appoint managers, directors and
officers, as the interest and convenience OF
said corporation may require and to make
and establish such bylaws, rules and regula-
tions for the proper management and regula-
ton of the affairs of said corporation as may
be necessary and proper, and the same to
change, alter and amend at pleasure
Art. Second.-The domicile of said corpora
ton shall be in the town of Opelousas, State
of Louisiana, and all citations or other legal
process shall be served on the President OF
this corporation, and in case OF his absence
on the ePresident thereof.
Art. Third.-The objects and purposes OF
this corporation are declared and specified to
be: the promotion of the commercial and
manufacturing interests of the town of Opel
ousas the furtherance OF all measures requl-
site for the public utility aud advantage at
tendant thereon; to provide and maintain
suitable rooms for an Exchange in the town
of Opelousas; to adjust controversies between
members to establish just and equitable prin-
cples, uniform usages, rules and regulations,
and to acquire, preserve and disseminate in
formation connected herewith
Art Fourth h.-The capital stock Of this cor
poration is hereby declared to be the sum OF
ten thousand dollars $50, 0,000.00), divided into
or represented by one hundred shares of one
hundred dollars each, which shall be paid in
cash or in installmeuts, as required by the
Exchange In case payment should be de-
manded by instailments, any subscriber 10
the capital stock who shall fail to pay such
instalrnents within thirty days after the date
fixed for such payments, shall forfeit all III
stallments previously paid without any iur-
ther notice or default
Art. Fifth The business affairs OF said cor
peration shall be under the superintendent
and management of President, Vice-Presi.
dent Treasurer, Secretary, and three mem
bers, who together shall constitute Board OF
Directors, and be elected annually on the trst
Monday in September of each year. Each
shall own in his own name one share OF the
capital stock of said corporation, and they
shall hold their offices until their successors
are duly elected and qualified. All elections
shall be by ballot, and conducted under the
supervision of three members to be appointed
by the President for such purpose. And in
the event Of any of said commissioners OF
election declining or failing to attend such
election, the President shall appoint others to
fill their places. A failure to elect Board OF
Directors ON the day named for that purpose
shall not dissolve this corporation or forfeit
it's charter; but the directors in office shall
continue to exercise their duties until thel1
successors shall have been elected and induct
ed into Office; and new election shall be held
within thirty days after the hereinafter speci
fed date fixed for such annual election, and
ten days notice shall be posted in the rooms
of the Exchange. Each member OF the Elk
change shall be entitled to one vote, and the
majority of votes cast shall be requisite fol
an election. Four of the said directors shall
constitute q quorum for the transaction o.
business. Any vacancy that may occur in the
Board from any cause whatever, shall be filled
by election by the members of the Exchange
Art. Sixth. - Whenever this corporation
shall be dissolved, whether by limitation, for
feiture, act, or otherwise, its affairs shall bt
| liquidated under the superintendence OF Is
three stockholders to be appointed for sucl
! Al I,nn "
in office until the affairs of said corporation
shall have been finally settled and liquidated
| and in case of any vacancy from any cause
whatever the remaining members shall con
t tinue to act.
Art. Seventh. - This act of incorporation
may be modified, changed, or altered, or said
corporation may be dissolved, with the Assem-
of three-fourths of the members of the Ex
change, at general meeting, convened fo
| such purpose, after thirty days previous no
| tice of such meeting shall have been given il
the newspapers published in the town o
| Opelousas.
Art. Eighth. = No stockholder shall eve
be held liable or responsible for the contracts
or faults of said corporation in any furthe
sum than the unpaid balance due to the cerpo
ration on the shares of stock owned by him
nor shall any mere informality in organizing
have the effect of rendering this chartor null
or of exposing any stockholder to any liabiit,
| beyond the amount of his stock.
| Art. Ninth.-The first Board of Directors, t.
serve until the first Monday in September
1884, Tor until their successors shall have beer
elected and inducted into office,) shall be com
posed of the following named persons, to-wit
Joseph Bloch, as President Chas. N. Eale
| as Vice President; Etienne Latreyte as Treas
urer Henry E. Estorge as Secretary togethe
with Joseph Lassalle, Theodore Chachere an,
| Alphonse Levy.
Thus done and passed at my Office, in th
town of Opelousas, La, in presence of JAS
Chachere and Jules Gil, competent witnesses
who sign hereunto with said parties and me
said notary, on the day and date aforesaid.
/ Original signed.) L. MoBNHINyEG,
SOLOMON LOEB,
FL. E. EsToRGE,
THEODORE CHAcHERE,
CHAs. N. EALER,
e. LATREYTE,
j. LAsALLE,