The Opelousas courier., 1896-08-08
CHARTER.
STATE OF I0rr,

BE 1T KNOWN that on this .hi., ~
August. i'll the Year of Our Lord One M uay OF
Eight Hundred and Ninety-Six. and = ttnousahd
dependence of the United States Of tms H.
the one Hundred and Twenty irst Iheif1ca
me, Lucius &. Dupre, IA Notary Pnhiiin.' pefore
for the Parish of st. Landry, State of Ion ~ and
duly commissioned and qualified. AND Iuii.alana,
presence OF inc witnesses as hereinafter narl Ve
an Undersigned, personally came nsamed
pedred the several persons Whose an anu ap-
h%ereuntO subscribed, who seyeralIu d ne are
that, availing t. .lnselves of the ioitcared
the laws OF IN state, they have coyenantaosi
anu agreed al ldo hereby covenant ana nahted
to form and Constitute themselves ana md aRfes
successors III ii corporation for the ohisot, tnelf
purposes and under the following c 3n,ss and
and stipulatlOnS. viz: e'huitlOns
Said corporation shall be known nm,
mated as the "OpelOusns Mercantile GGsslg-
pumy, Limited,'' and under sa;I Gem.
shall exist and enjoy succession for the aa asls, It
Ninety-Nine Years from this date. sefn OF
else and enjoy all power and privileges u exer.
now or hereafter by law unto cnTrrnS nss
Its domicile shall be ut Opelousas. in tn aaohs.
of louisiana, and all citations or q hs.ate
gal process shall be served upon the p unsr ie-
OF said company, or iii case OF his absana auent
on the Secretary thereof. 'o' up.
TIL purposes for which this cornoros,-
established and the nature of its bnsinesaan 10
declared to be to conduct and transact ~ ere
city and state, as we'll as elsewhere. a m eaia
merchandise business; and to buy and oAe ~
merchandise and any and all articles Of m sal
CndUuiSe DIS cuIIlL1OQlIltS or trade
2. The capital stock of said cornoro...
hereby declared to be the sum of Thirtv MI
sand Dollars. to be divided into or renrs0 aneu,
by three hundred shares of the sum Of one ss huaa
dred dollars each. Said stock shall hs n ah
scribed Tor and paid in cash. Transferssa b.
stock shall only he made on the books NJ .Hua
company by d stakeholder, in person NJ " t Ie
proxy, hut none shall be sold or transferrna W
any stakeholder unless the said stnct 10y
have been first offered for sale TO the o sial
stockholders, at the same price offered In n1
ers, through written notice served unon ,n
President OF the company; and only upon ~
failure or neglect OF the other stOckhoiders 4e
avail themselves, within ten days, Of susS
right of purchase, shall such stuck haonna
transferable. No stockholders shall nledsa ny
hypothecate his stock t. any person vifboy"t
the approval of the Board of Directors Az.
being had. '
The business OF this corporation shall h
managed, and all its corporate powers shall ~
vested in a Board of Directors Composed ~
five stockholders, to he elected annually on thu
last Monday in July Of each year. At fha;s
first meeting in each year said Board shall If
elect one of their members as president. an.
other as vlce-president. and shall also elect or
appoint a secretary and treasurer. At oil
elections for directors, The persons receiyins
the votes OF the majority iii amount OF the can
ital stock OF said company shall be declared
elected, and at all meetings of the Board of M.
rectors the action or decision of the directors
holding a majority i'll amount of capital stocE
OF the company shall prevail, which shall also
constitute a quorum.
Said Board of Directors shall have AUTHORITY
to ill all vacancies occurring in their own num.
Der, by death or resignation, and shall have
full power to make and establish, as well IA
change and alter at pleasure, ali such bylaws.
| rules and regulations for the support and man.
agement of the affairs of said corporation, An
they may deem necessary to borrow money
execute mortgages, make contracts and do ali
things necessary III the transactions of the
BUSINESS of the company; as alsO ia
:SS5Ia and 6alIEpr f1ll maid Sbarns a
the stock and bonds and obligations Of
said company, at not less than par for cash
money received. All checks, drafts or notes
shall he signed by the President and counter.
signed by the Secretary. ANY director shall
have the right TO appoint a proxy to act for
him in case of sickness, absence or inability to
attend at all meetings of the Board of Direct
Ors, which proxy for the time being shall have
and exercise all rights and poyAis OF his prin.
cipal.
An elections for directors shall be held on
the last Monday ill July OF each year, as af0re-
SAID, under the supervision of the commission.
ers, of which election ten days prior notice
shall be given i'll writing by the Secretary unto
each stakeholder. A failure fro 4 any cause
to hold an election for directors on the day
above specified, shall not dissolve said COM
pany, but those in office shall hold over until
their Successors shall have been elected, and
another election shall he called or held, within
ten days prior notice i'll writing, by mail,
from the secretary OF sad company.
This charter may be amended, altered or
changed, or said corporation may be dissolved,
at any general meeting of the stockholders,
convened after fifteen days pubic notice,
published ia one of the newspapers of 0pt-
lousas, at which meeting the opinion Of a ma
jority in amount of the capital stock of said
corporation shall prevail; and in case of dis
solution of charter being determined on, by
like vote, the stockholders shall select two
stockholders to liluidate and settle the business
and affairs of said company.
In case of death of either of said commission
~. Ai,1 Hvt-0 chntl IL NJ afnnE.
holder to ill the vacancy: Said corporation
may be dissolved at any time, without publ.
cation or notice, by the unanimous consent Of
all its stockholders.
The Board OF Directors shall declare divi-
dends annually, payable in cash or its equiva-
lent, when the profits forming the same shall
have been earned.
No stakeholder shall ever be held liable Or
responsible for the faults of this corporation IN
any further sums than theunpaid balance dueto
the company on the shares owned by him nor
shall any mere infOl mality Iii organization rem
der this charter null or expose any stocRnoldsr
to any liability beyond the amount of his STOCK.
Messrs. Isaac Roos, Henry Roos, Nathan I.
Roos, Isadore silverberg and II. Z: Keos
with said Isaac Roos as President, Henry
Roos. Vice President, and said Isid0re Silver
berg as Secretary and Treasurer, have been
chosen and selected as the first Board OF "
to continue and serve as such until lne
last Monday i'll July of the year Eighteen Hun
dred and Ninety-Seven, or until their success
sors shall have been duly elected.
Thus done aud passed at my Office IN ope-
lousas, aforesaid, in the presence OF Messrs'
]. j. Perrodin and Thomas P. BoWden, conlpe-
tent witnesses, both of this city, who hereto
sign their names with said appearers and me.
on the day and year first aforesaid
ISAAC ROOS.-
Witnesses: HENRY ROOS.
THOs. 2. BOWDEN. J.. SILVERBERG.
]. + PRO HENRY L. ROOS.
NATHAN F. ROOS,
LUCIUsG G. DUPRE,
Notary Public.
STATE OF LOUISIANA
PARISH OF ST. LANDRY.
have examined the within and foregoing
act of Incorporation. and | am OF the opinion
that none of the objects and purposes Therein
are inconsistent with the constitution
and laws Of the State, and | therefore approve
The same.
OPELoUSAs, Aug. 3, 1886.
r. LEE GARLAND Z
District Attorney 18th Judicial District OF La
Filed Aug. 3, 1896.
II. CRAWFORD, Dry Clerk.
STATE OF LOUISIANA
PARISH or ST. LANDRY. }
I. Fl. Crawford. by Clerk of the 11th Judlclai
District Court and eX otfciO Dry Recorder "
Mortgages in and for above written PARISH anu
State, that the above and within is a true anu
correct copy of the original on file ana OF f1o
,rd in my office this sd day OF August a. u =
1916.
Witness my hand and seal of Office at ope-
ousas. La. this Sd day of August A - 1880
is. Fl. CRAWFORD.
~ Dry Clerk.
Aug. 8, 1896, ST.
j~,i&s:fs;l.S So I!fE *,hiS.
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lent Il, .,yyE,a. ttt:eT, s:itl!ieuln, and Mhsf