The weekly messenger. [volume] (St. Martinsville [i.e. St. Martinville] La.) 1886-1948, 1903-05-02

tion aud body polite in law for the pur-
nose and objects and under the stipula-
tions and conditions following. to-wit:
ARTICLE 1.
The Name of this Corporation shall be
THE ST. MARTIN GROCERY LIMITED.
domicied in the town of st. Martinvllle,
Parish of st. Martin. State OF Louisiana.
The said Corporttion shall exist for a
period of ninety-nine years from date OF
this act, and shall enjoy all pOwers,and
authority conferred by the State OF Lou
isiana upon corporations for the purpose
of engaging in the business hereafter
stated, as we'll as the power to mortgage
and pledge their property. movable and
immovable. rights and credits. All cita-
lions and ether legal process and no.
tees shall be served on the President OF
this Company. or in his absence on the
Vice President or on the Secretary.
ARTICLE II.
The capital stock of this corporation
shall be Ten Thousand Dollars. a4d 1t
shall be authorized to begin business
when Two Thousand Five Hundred Dol
lars has actually been subscribed. Said
capital stock shall be divided into One
Hundred shares of the par value OF One
Hundred ($1O0.) Dollars each. All stock
subscribed shall be paid into the Urea
sury of the company at such times and
in such amounts as may be deemed ad-
visable by the Board of Directors, until
paid in full. Certificates for shares of
stock shall bs signed by the President
and the Secretary Treasurer. and ii they
or ether of them be sick or unable to
act, then the Board of Directors shall
: appoint some one to act in the place OF
the President and the Secretary Urea
, surer. who may be sick or unable to act.
The sail stock shall be transferable on
ly Oh the books of the company on the
surrender of the certificates. The Board
of Directors shall, at any time. have the
right by a two-third vote to issue the
additional stock up to the said sum of
Ten Thousand Dollars, such stock TO be
issued to such persons as may meet with
) the approval of said Board of Directors
and no stock shall be transferred to any
a one not stakeholder before first offer
ing said stock to the Board of Directors
at regular meeting who shall have the
refusal thereof.
- ARTICLE iii.
- The purpose OF this corporation ant
the nature of the business to be carried
g on by it at st. Martihville. La. are de.
] clared to be the buying and selling. a
wholesale. articles classed in Grocer!
/. line, both staple and fancy, produce
~ provisions, grain, feed, wood and will
low-ware, wines. liquors. and to do {
Q general wholesale grocery, feed ant
D commission business. to provide and t,
, do cold-storage business in connection
Herewith; to buy. own. lease and ope-
ate SURROUNDINGS and warehouses, t
. buy and sell fuel of all kinds; and il
d order to carry out the said objects an,
!. purposes or any of them, to purchase
a hold and own, or to lease such lands an
buildings and other property. movabl
= and immovable, as may be required o
IL convenient; to pay for all property 0
J. any kind acquired for the purpose O
b. this corporation, either in money or il
.e stock, as the Directors may decide an
G. generally to make all contracts tina
J. may be incidental to or connected wit
d the business of the Corporation.
y ARTICLE ~.
All powers of this corporation shall b
, vested in and exercised by a Board {
Five Directors, Three of whom shall col
stitute quorum. The said Director
shall b. elected by ballot at an annus
meeting OF the shareholders, While
meeting shall be held Oh the secon
Monday of the month of May Of eac
Az year, beginning with May. 1904; eac
st shareholder shall be entitled to ca
N. one vote either in person or by proxy Q
he each share of stock held by him. Aft,
in each annual meeting The Board of
f. rectors shall elect from their own nun
Der President. ce-President, and
a. Secretary Treasurer. The Board of d
no rectOrs shall have the power BY a tw,