The Opelousas courier., 1892-10-29
CHARTER.
A OF LOUISIANA,
PARISH OF ST, LANDRY, (

Be it known that on this seventeenth day
of October 1892, before me, Gilbert l.. Dupr6,
a Notary Public duly commissioned and
sworn, in and for the parish of st. Landry,
State above written, and in the presence of
the undersi gned witnesses hereinafter named,
personally came, Mentor Andrus, Julius
Meyers, Alphonse Levy, all of the parish of
st. Landry and to me we'll known, whe sever
ally declared that availing themselves Of the
provisions of act No. 36, of the General As
sembly of the state of Louisiana, approved
and signed on June the 2Sth, 1888, they have
contracted and agreed, and by these pre-
sents do contract and agree to form them
selves into IA corporation for the objects and
purposes and under the terms. limitations
and stipulations hereinafter set forth to-wit:
article 1.-The name and title of this cor
poration shall be the aSunset Mercantile
Company Limited" its domicile shall be in
the own of Sunset, in the parish of st. Lam
dry, Louisiana, and it shall exist for the term
of five years from this date, provided that by
the consent of all the present ineorporators,
or their successors or assigns, the terms Of
this Charter may be extend ed beyond said
date or its duration limited or a liquidation
of it's affairs made.
article 2.-The objects and purposes of this
corporation are hereby declared to be, the
conducting of o general mercantile business,
to buy and sell produce and to do such other
transactions as are usually carried on in such
a business.
article 3.-Tbe capital stock of said com.
pany is hereby fixed at the sum of ten hou-
sand dollars, divided into three shares of Three
Thousand Three Hundred and Thirty three
and thirty three and one-third cents $685.
1891 each and subscribed as hereinafter stat
ed and the business to begin from the date
OF publication of this Charter. The capital
stock may be increased in such a Ii amount as
may be hereafter agreed on by the i%ncorpora-
fneo ns fGn n ofr not 10 nvManA tho a,~- &c
twenty-five thousand dollars ($25000. 00I.
Article 1.-The capital stock of the corpora
ti0n is owned and subscribed as follows, to
wit: Mentor Andrus one share, Julius Meyers
one share, and Alphonse Levy one share, all
of which are paid cash this day; the par
value of each share being three thousand
three hundred and t~hirty-three. thirty-three
and one.thira one hnndredths dollars.
None of the incorporators or their assigns
shall have the right TO dispose of his share in
the corporation except to either or both of the
other shareholders or with their written con-
sent if it be other than to the shareholders.
article 5.-The shareholders in this corp0r-
alton shall not be liable for any of the in
debtedness, contracts or faults thereof in any
other sum than the balance he may be owing
on his share.
Nor shall any informally in the organiza.
ton of this Charter have the effect of render
ing it null or making any shareholder liable
beyond the unpaid balance on his share.
article 6.-Mentor Andrus is to be the man.
ager of said company and to have full charge
and control Ct the store, and shall receive in
compensation for his services such u salary
as may be fixed from time to time by the in
corporators or their assigns. The salary, like
other expenses, shall be e~hargeable to the
expense amount of the business.
TIT profits, after deducring expenses and
losses, to be divided equally among the three
shares each shareholder to receive one-third
of said profits.
article This corporation shall not ex-
pire nor cease, on tho death of one of the
stockholders. In such an event, the business
shall be carried on by tho survivors until the
expiration of the five years, or of the extern
ded term which may have begun to run,
should the surviving members choose
to do so, provided, however. that said
survivors will have the right to purchase or
retain the share and interest of the deceased
from his successors at the price of the ap-
praisement thereof made by judicial order,
and shall have one year to pay to the estate
the amount which will lie due as fixed by ap-
praisement.
article S.-Wheneyer the corporation shall
expire by limitation, death or otherwise. It's
affairs shall be l~iquidated by the stockholders
jointly or by the survivors in case of death,
unless they agree to name a liguidator.
Article 9.-The manager shall keep a regu.
lar set of books, exhibiting aud recording all
of the affairs of the corporation, which books
shall always be open to the inspection of the
stockholders at reasonable hours.
Article I0.-The profits are to be divided at
such times as may be agreed upon after full
statements of the business to be made by the |
manager.
article lin the event of the death or
resignation of Mentor Andrus as manager, |
the remaining stakeholder or stockholders
shall have the right of filling the vacancy.
article l2.-All citations shall be made on
the manager of the corporation. He shall
bring all suits for and in behalf of said cor
poration, and defend al. suits brought against
It.
Thus done. read and sigued, at the office of
J. Meyers Co., in the town of Opelousas. La,
IN the presence Of Messrs. e. D.. Estilette and
z. u. Lefebvre, competent witnesses, who
have hereto signed with the contracting par
ties, and before me, Notary, the day and date
aforesaid.
Witnesses: JULIUS MEYERS.
T.. D.. EsTlLETTE. MENTOR ANDRUs
I, y. L~EFEBvRE. ALPHoNsE LEVY.
GILBERT L.. DUPRE
Notary Public.