The Opelousas courier. [volume] (Opelousas, La.) 1852-1910, 1883-10-27
JUDICIAL NOTICES.
Charter Of OpelOuSaS Merchants Exchange
STATE OF LOUISIANA. PARISH or ST. Lam
dry, Town Of 0pe!ousas.

STATE OF LOUISIANA, PARISH or ST. Lam
dry, Town Of 0pe!ousas.
Be it known that on this twenty first day
of September, A. ID. eighteen hundred and
eighty three. before me, William Charles Per
rault, notary public in and for St Landry
parish, La, duly commissioned ana qualhed'
and in presence of tho 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-
tracted and agreed, and do by these presents
covenant and agree and bind and obIgate
themselves, as we'll as such persons as may
hereafter become associated with them, to
form and constitute a corporation and body
pelitic in law, Fer the objects and purposes,
and under the agreements and stipulatlons
following, to-wit:
Art. First.-The name and title of this cor
poration shall be 6 The OpelcuSns Merchants
Exchange" and by that name this corporation
shall have power and authority to have and
enjov 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-
rate name. property, both real and personal
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 magN
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
,a11 ha aarvaH the President DT
this corporation, and in case. OF his absence
on the Vice President 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
eusas the furtherance of all measures requi-
site fer the public utility and 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 prln-
ciples, uniform usages, rules and regulations,
and to acquire, preserve and disseminate in
formation connected Herewith.
Art. Fourth. The capital stock Of this cor
poration is hereby declared to be the sum of
ten thousand dollars tSl00000O), divided into
hundred dollars each, which shall be paid III
cash or in lnstallments, as required by the
Exchange In case payment should be de-
manded by installments, any subscriber to
the capital stock who shall fail to pay such
installments within thirty days alter the date
| fixed for such payments, shall forfeit all in
stallments previously paid without any fur
| ther notice or default.
Art Fifth-The business affairs of said cor
poration shall be under the superintendent
| and management Of a President, Vice-Presi-
| dent, Treasurer, Secretary, and three mem
| bers, who together shall constitute Board of
| Directors, and be elected annually on the first
| Monday in September of each year. Each
shall own in his own name enc 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 tho President for such purpose. And In
| the event of any Of said commissioners OF
| election declining or failing to attend such
| ELL 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 their
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 Ex-
change shall be entitled to one vote, and the
maiority of votes cast shall be requisite for
constitute a quorum for the transaction OF
business. ANY vacancy that may occur in the
Board, from any cause whatever, shall be hlled
By election by the members Of the Exchange.
Art Sixth. - Whenever this corporation
shall be dissolved, whether by limitation, for
feiture, act, cr otherwise, its affairs shall be
liquidated under the superintendent of ~
three stockholders to be appointed foF such
purpose by the Exchange, who rhsll remain
in Office until the affairs OF said corporation
ehaIl have been finally settled and liqnidsted
and in case Of any vacancy from any cause
vhatever the remaining members shall con
tinue to act.
ARE. Seventh. - This act of incorporation
may be modified, changed, or altered, or said
corporation may be dissolved, with the assent
of three-fourths of the members OF the Ex
change, at a general meeting, convened fol
such purpose, after thirty days previous no
tice of such meeting shall have been given in
the newspapers published in the town o.
Opelousas.
Art. Eighth. - No stockholder shall ever
be held liable or responsible for the contracts
or faults of said corporation in any furthe
sum than the unpaid balance due to the corpo
ration OH 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 llaolllt!
beyond the amount of his stock.
Art. Ninth.-The first Board of Directors, tt
serve until the first Monday in September
1884, Tor until their successors shall have beer
elected and indueted 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 tn
y town of Opelousas, La. in presence OF JAS. y
Chacher6 and Jules Gil, competent witnesses
, who sign hereunto with said parties and me
said notary, on tho day and date aforesaid.
, IOriginal signedl r. MoRNHINvEG,
: SOLOMON LOEB,
: H. Z. EsToRGE,
THEODORE CHAcHERE,
n CHAs. N. EALER,
:. I.ArpEYTE