The Lafayette gazette. [volume] (Lafayette, La.) 1893-1921, 1903-10-31
CHARTER
THE
Brown Ms|chioI Company, Limited.


BE it known tina, on this thirtie,h day of
June in the year of our Lord One thousand
Nine Hundred and three, before me c. r.
Latiolais a notary public in and for said
Parish and State personally came and aP-
peared the persons whose names are mere
unto subscribed all of full age who declared
that awaiting themselves of the provisions of
the laws of this state relative to corporations
and especially of Act No. 50 of 1888 of the
General Assembly of louisiana they have
covenanted and agreed and by these pres
epts covenant and agree and bind them
selves as we'll as such other persons as may
hereafter become associated with them to
form and constitute corporation and b"oy
polite in law, for the purposes and objects
and under the stipulations, articles and con-
ditions following to- wit.
ARTICLE 1.
The name and title of the said corpora
+on shall be the Brown Melchior Company
Limited, and its domicile is hereby esta-
bl,shed in the town of Carencro. Parish OF
Lafayette, State of louisiana, and under us
said corporate name said corporation shall
have power and authority to contract, sue
and be sued; to make and use corporate
seal, and the same to break and alter at
pleasure; to hold, receive have, purchase
improve, ALLEVIATE, convey, sell, borrow,
pledge, mortgage and hypothecate unoer MS
said corporate name property, real, personal
and mixed; to name and appoint such OH
GERS, directors, agents and managers, or EN-
ployeeS, as the interest or convenience q!
said corporation may require; to make and
establish by laws rules and regulations tor
the proper management and regulation OF
| its affairs may be deemed necessary and
proper, and the same to- change and alter at
pleasure, and to d" all other acts and things
| permitted by law, shall may be ne
| Sessary and proper to carry out the objects
| and purposes Of said corporation.
| Said corporation unless sooner dissolved
| IN accordanc with its CHI after shall exist and
| E. 81. rS<N@ ton
| and after the date hereof. The president,
| or in his absence the vice president shall be
| the proper person upon whom citation or
| other legal process shall be served.
ARTICLE II.
The objects and purposes for which this
| corporation is organized and the nature OF
| the business to he carried on by it are de-
| clared to he the following, tow't: General
Merchandising.
ARTICLE III.
The capital stock of said corporation
shall be Seven Thousand Five Hundred
Dollars, divided into and represented %,
lseventy-five shares of the sum OF One
Hundred dollars each which said stoct
shall be paid for in cash at the time of sub
scription the same may be issued, at not
less than par in payment or exchange to-
!; property or rights actually received or pur
chased by said corporation, or the same
may be issued full paid, for money advanced
and for such other valuable considerations
or services as the board of directors of sale
corporation may determine, provided tina
no stock shall be issued until consideration
therefor has been received by the said cor
poration. Any stockholder may sell, assig'
or transfe: his stock in this corporation pro
vided thirty (3o) days prior notice OF suc'
intention to sell, assign or transfer the sam
be given the company, and the other stock
holders thereof shall have the first privileg
of purchasing same, after which thirty day
notice the said stock may be sold in oPe
market. The stock of said corporation ma
be transferred under the above condition
provided such transfer thereof be made o
the books of said company at its ONCE
Carencro, State of Louisiana, and on SUI
render of the certificate thereof. No trans
fer of any fractional part of share shall; b
= made.
This corporation shall commence to d
business as soon as all of the capital stoc
shall have been subscribed for. The Boar
of Directors shall have the right to deter
mine how much stock shall be issued
! ARTICLE ~.
, The corporate powers of this compau
e shall be vested in and exercised by boar
of three ~ directors consisting of the pre-
: ident, the vice president, and the secretar.
who shall also be treasurer of this corPor;
tion Three of said board shall constitute
= Quorum for the transaction of business an
their decisions shall be valid corporate act
The following persons shall constitute til
first board of directors: George E. Brow
: George J. Melchior, and Samuel P. Brow
No person shall be eligible as director or a
officer who is not stakeholder of this con
pany During the absence of the preside
the ce-president shall act and Presid
Said board shall continue in Office until tt
first day of July A. ID. 1904 on which da