St. Landry democrat., 1889-03-16
CHARTER
OF THE fAINEns UNION sUrFLY STORE.

| STATE or LOUISIANA, ,
! Parish o.! st. i.aadrgs
Article LIST. The name of this corporation ,
| we FARMERS Union supply Store aud n. dom
| !cl!e VIII oe ut some place near Vills Plate H.
| tuo lafSh OF st. Lanury. State OF Louisia,a'
Art. I'd The ohtecr of this corporation la Il,
puIcNase ana sell FARMERS supplies and produc.
! and to no .eI'eral lu-rcautio bus1,,.,s ar .
| stipulated percentage to oe fixed and ,,,yt, at.
! py oGafu u liustees.
| AEt. 5d' Inc duration OF this cor,,orato, {,
h&ev Ill twenty -nyc years uuiess auui,rr d,s,,ly
! eH ~ Two thirds vote u1 I'll the stcckuvid.rs a.
-, - oot.hs h>4a ZOE thc purpVnc, aIter slA
ua! legal Aouce.
| Art, 4ih. Inls corporation nlay sus and h,
sueo al ito Corporate name, and may ptiy Gilt.
own rea! and personal property, ai.d suail hny,
sus i4eHt to issue pslG up sHares to members "a
the tarlners Union i'll good standing ouIy fn.
casn, Iamher or other property.
Art. 9TH. The capital stock ut his cornoration
/ snali be limited IL twsatyhve thousand dollar.
ts2oooe 10 oe dlV!ded INTO nve dollar SHARES, a ,
may conIueneo business when unn Inonssn,
COLLARS "of&A u slate5 have been taken,
Art. 9Th. at Ill elections each subscriber +,
as much as one share shall be entitled co y vutt
put no l'erson shai us entitled to more tnan ,r,
vote thousa Gs naay own ss nlany euaras ,,s u;.
may desire. VIZ N
Art 7th This corporation shall ba co,er,ea
by board OF Trustees u consist OF t,,,, trn.,
eacn Union interested, who shall be -I.,rtad h.
delegates VI sL0ckuoiders VINO Will Ia -n1,,la.,
w oho Sote Aof eacu I'VE votes Ill his Union
sucn conventions sNall be he!o ANNUALLY OF, RI,
Inst AundaJ IN March. at the same an,uni
ne5tllS they Snail select lnuns ger OF In,
store; Aho fresldeht or the Board 0t Trustees
suaAi oe u member at large, aud selected t,y In
eoh,ontlon OF stockholders, ut tt.,r ,y,,'a,
meeting. The beard OF trustees shall nold t,,.lr
c1aeo t1i the next annual election aud lustalis
t!el.
Iup Board Of Trustees shall have tha now.r
70 examine The boVks OF the Corporation It nnt
sInie luts luay sea proper after giving 1t, least
Iwo DAYS notlcs to the manager, aud 10 issu.
paid up stoch AS per article 4ln of TINS t,hsrter
10 appoint al! clerks and assistants as n,..tirti
by manager.
Tue President OF the Board OF Trustees shall
W cad toseiher the 4iastesa, also h6 stockholders
Nv any TINE he may deem proper.
art. sta. The Stockholders s, ,ha,. .,,,o
angUas Deeiii's :.. a.. TX the salary of the n1a
eyer, which may DC Increased or decrs.a.I -,
tneir hekL meeting. "
ART. 9tn. ihe duty OF the manager shall he to
purchase all Eouds, receive and sell All nruducs
70 Tue advantage OF the customers, shall attend
10 gte 6eepinB VI the books, receive I'LL none, 4
ahn coutrul al the business pertaining to the
store hs slali also nave the power tv rsmoy,,
q ail cieras aua ,tcsistanla. He shall maze a.
tftstts and pay meuts in liquidation of dehts
ana 10 pay dividends when ordered by thr
board Oh trustees, which may be dous ouIt |
"hen there is q surplus OF capital.
Art. 10th. There shall be percentage placed |
UPON aii sooas sola sufficient 10 derray all ex-
Pehses, auu To accumulate capital or gu uft1ciau,
amount 10 do all the Duslnees desired sllI when
Lac necessary alnuuns be ratseu tns 0riulnai
.toekho.dera shall be paid off as the mealls &C. t
The payment of stockholders to b.
ordered by the Board OF Trustees,
Art. 11th After the original Stockholders have
'een paa on, notice shall be given to the differ
'nt Unions VINO have been trading with fhis
tore. oy the Board OF Trustees who shall then
leclare, al members OF the Union VINO have on.
rouized the store, to bs Stockholders In tnf.
corporation III proportion to the trade they
lave done. '
They shall then proceed to select Hoard NJ
trustees to take charge and proceed win thu
business, who shall at each annual meefine re-.
lse and stock claims and increase or DECREASE
q aGa ha SHARES IN proportion to his
Vho are members OF the Union in go,d stand
rade. W 'ne'i
Art. 18th. No stockholder shall be allowed to
withdraw bis or her stock only IN eaae or deatl,
hen the heirs may withdraw th. deceased
,embers interest i'll the corporation Rut no
.ook can 20 Withdrawn, or dividends paid
use, <
Art 18th. Dividends may be declared nro.
sta to stockholders annually at a fixed dnts .
hen the Board Of Trustees may deem nronsr
!ry for the trade
sposed OF except TO members Of the Union In ,
,od standing and then only by consent of ths j.!
oard OF Trustees. |No
Art. 18th. The original stockholders shall be
alo eiSht per cent Interest per anuum on their
ocR, bnl no percentage snail be allowed after
10 oflglhai storRnolders are paid off. but the ,
Lpitei may be +educed t.s per article 18TH. !
AIT. 10Th. The manager may be removed, bv
q stoeaholders at any time the Board of 7 rus.
es may direct and produce evidence Of his in !
pacity neglect or otherwise mlemauas sment. |
t stall give a bond for the faithful aischaree
MS duties q the sum Of twice tho amount h. ;
ay have IN his hands Wniph may be iucrease,, !
decreased US tie business may demand 3
Aae poafo ol trustees shall set aud recsiya
q bond.
Original signed ]. L. Penny, Luclns Landre- :,
au, WIN. Clark.
Done passed and signed on the day above
'ltten In presence OF Toribuis Fontenot and II,
. Notary alter reading of the whole. ,
Signed D. Il. QuIrk. Notary Pubic. witnesss. At
ribu. Fonten1t. e D. Quirk. 60
Ibis Is ~ certify that | have examined the
rego!ns ACT Oh Incorporation and find nofh-
8 therein contrary to law and thereupon AN. -,
owe the sane-Signed: Jobn ". Ogden. IGsy
ty., Opeiousas, Feb. 25th 1899. '''' W
tlied Feb. 25tb, 1853, M
STAT OF LOUISIANA, /, | p,
Parish OF St, Landry. 81
hereby certify that the above and foreRoins
. true and correct copy of the original on fiis :
q 0! record IN my office.
J, Ls, this 2sth day Of Feb, A. b. 1883. n
ALFRED PAVY.