The Meridional. (Abbeville, La.) 1856-1906, 1899-05-06

witnesses personally CdIbo dhu -
4he nprsons whose names are ne[euhGo
s,r Inscribed who severally declared, tha6l
,%vailing themselves OF the provisions VI
the laws of the State of LOUISIANA: TOT
themselves. their successors ana assieus'
-they hereby form themselves INTO d eoA
poration as follows: /,
ARTICLEI.
The name and title of this corporation,
shall be The Abbeviiie HARDWARE anu m
Ihoseu for it's d0micile is declares 70 oe
he Town of Abbeville, in the Parish OF
Vermilion, State of Louisiana. 49,.
1he length of time during which this
Corporation shall exist ana cohIliiie.
s.hail he for n period of ninety min years
from and after the date of this act.
ARTICLE II.
The purpose for which this Corporation
Il established and the nature of the bnst-
ness to be carried on by it are declared to
ne a General Mercantile Business Wholesale
To purchase and sell merchandise and
all things aPpeTtaining to and pertinent
x,r incident to the above purpose
The officer on whom citation may De
carved. shall be tie president, II IN case
nf his absence or inability to act, cltatlon
snay be served on the ACKNOWLEDGEMENTS.
ARTICLE III.
The capital stock of this Corporation IS
declared to be the sum ef Five Thousand
$4,000. 00l Dollars, divided into one n
tlred shares of Fifty dollars each. to be
-oaid in such a manner and at srch times
~ the BOARD of Directors may direct the
said capital stock may be increased IN the
llanner required by law to u sum noGyeN-
seeding Twenty Thousand Dollars. ms
Corporation shall business
when the full amount of said capital stoch
shall AVE been Sill subscribed.
ARTICLE ".
This Corporation shall have power and
authority to contract, she and be sued Ill
its corporate name, and to make ana use
n corporate seal to hold, receive. pur-
chase. mortgage and convey, under IFS
= orp0rate name. property both real ana
personal, to borrow money, Issue notes
and obligations and to pledge same; TO
x,rs and officers as its interests and conve-
hence NAV require, and to make and es-
1ablish such bylaws for the proper man
agement and regulation OF its affairs as
NAV be Unnecessary and proper.
The business and affairs of this Corpora
lion, shall be managed and conducted by,
Il Board of Directors to be composed OF
three stockholders, who shall be elected
annually on the first Thursday IN Janaary
I'll each year, to begin will the year 1900.
Said election shall be by ballot and
shall be held at the domicile of the Cor
u~oration under the supervision OF three
Stockholders appointed by the Board OF
Directors the stock holders receiving the
4najority of the votes east, to be declared
elected. The failuie to hold an election
on said date specified, h not dissolve
this corporation, but the Directors ther
IN office shall hold same until an election
max be held in the manner provided Tor
written notice of said election b"ing given
to each stakeholder at least fifteen day
xreviaus to said election. The follewln!
named persons have been chosen as tn
A 49, e aua IN Cartrn II - fhnI
SUCCESSORS shall have been duly elected
and qualified, viz: 0pheilas Bourque
John AbsAire, Jr. and JamesA unmers
And of these. Ophelias Bourque shall E
President. john Abshire, Jr.. shal o
ce-President, and as. A. ummerS Shal
hc OBSERVATION-DISCLOSURES aud shall perform
the duties Of both Secretary-Treasurer.
At the first meeting following each cleo
sion. the Board OF Directors then elected
resident. one to be Vice. President an,
one to be Secretary-Treasurer
The Board of Directors shall eXercIs
and be vested with the usual power O
administration. and make all bylaws all
5iil any and all vacancies IN their number
All checks, notes or other obligations Z
this corporation for the payment of NOR
ey, shall be signed by the President an
.countersigned by the secretary Treasurer
When. from absence or other reason
the President is unable to act indIy1dua
}y. the Vice-Presldent shall sign check
glntes and obligations, to pay money
which shall be countersigned as before b
The OBSERVATION-DISCLOSURES. !.
No certificate of stock shall be vali
unless signed by the President and COAL
&ersigned by the Secretary-Treasurer
Each share of stock shall be entitled I
zone vote at all meetings or elections
Notice of elections. as well as all notice
a,f Stockholders meetings, shall be ,
fifteen days written notice mailed or IL
livPred tn each stakeholder but NEE
ings may be held at any time by unan
anOuS consent.
No share of the capital stock of tn
corporation shall he transferred or so
ar disposed OF. unless the stakeholder d
string to make such transfer or sale, sha
fist protfer such stock To the other stocl
holders of said corporation, through ]
tioard of Directors, at the lowest pr!
such stakeholder may be willing to tai
therefor, and only on such n%otiticatit
board of Directors of said corporatio
.and the failure within ten days thereaft
~nf any stakeholder to avail himself
such privileges of purchasing, the afoT
- nd stock may be sold and the transit
thereof be made on the books of the &C
.oration. Three Directors shall cons
cute q quorum for the transaction OF bu'
ARTICLE v.
This charter may be amended. added
or changed, or said corporation nay
dissolved at any general meeting of t
stockholders called for the purpose aft
ten day previous notice published III o
Srr more O.. the newspapers of Abbevil
Louisiana, tunless such notice be d
Ssensed with by unanimous consent of
Ehe stockholdersl Wit the assent efstM
thirds of the stock represented at su,
Eaee ings ; and at the expiration or dis
Cation of this charter, the business al
affairs of the said corporation, shall