The Lafayette gazette. [volume] (Lafayette, La.) 1893-1921, 1903-11-07
CHARTER
THE
Brown-Me|chior Company, Limited,
State of Louisiana,
Parish of Lafayette. !

BE it known that on this thirtieth day of
Iune in the year of our Lord One Thousand
Nine II undred and three, before me {. r.
LatiolaiS notary public IN and tor Said
Parish and State personally came and APP
pearcd the persons whose names are here
unto subscribed IL 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. 80 of 1888 OF the
General Assembly of Louisiana they have
covenanted and agreed and by these pres
ents covenant and agree and bind them
selves 5 we'll as such other persons as may
hereafter become associated with them TO
form and constitute corporation and body
polite in law, for the purposes and objects
and under the stipulations, articles and con
hitiurS f. lowing to-wit.
ARTICLE I.
The name and title of the said corpora
ton shall be the Brown McIchor Company
Limited, and its domicile is hereby es'a-
bllshed in the town of Carencro, Parish OF
Lafayette, State of Louisiana, and under ITS
said corporate name said corporation shall
have power and authority to contract, sue
and be sued: to make and use a 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 under its
said corporate name property, real, personal
and mixed: to anne and appoint such otti-
GERS, directors, agents and managers, or en-
ployeGS, as the interest or convenience VI
said corporation may require: to make and
establish by laws rules and regulations tor
the proper management and regulation OF
its affairs may be sleelned necessary and
proper, and the same to change and alter at
pleasure, and to do all other acts and things
permitted by law, Or as shall or may BE- ne
cessarv and proper to carry out the Objects
and purposes OF sail corporation.
Said corporlton unless sooner dissolved
IN accordance with its cil ,rter shall exist an !
for h..D erIOd of from
and after the date hereof. The president,
or in his absence the viCe-pres;,!ert 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 be carried on by it are de-
| clarei TO he the following, towlt: General
| Merchandising.
ARTICLE III.
The capital stock of said corporation
shall be Seven Thousand Five Hundred
Dollars, divided into and represented 10y
seventy-five shares of the sum of One
Hundred dollars each which said stock
| 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 for
property or rights actually received or pur
chased by said corporation, or the same
NAV 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 isS ued until consdera, i0i
theref for has been received by the said cor
porati>,n. Any stocklolder may sell. asst gI
or transfe: his stock in this corporation pro
vided thirty lSo) days prior notice of suct
intention to sell, ass On or transfer the same
be given the company, and the other stock
holders thereof shall have the first privileg
of purchasing same, after which thirty day
notice the sai id stock may be sold in opel
market. The stock of said corporation ma,
be transferred unde: the above condition
provided such transfer thereof be made o.
the books of said company at its office il
Carencro, State of Louisiana, and on sur
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 all of the capital stoc
|, shall have been subscribed for. The Bear
of Direc Tors shall have the right to deter
mine how much stock shall be issued
ARTICLE ".
The corporate powers of this compan
shall be vested in and exercised by a boar
of three 60 directors consisting of the pres
ident, the vice president, and the secretary
who shall also be treasurer of this corpora
> ton. 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 tn
first board Of directors: George r. Brown
George 7. Melchor, and Samuel p. Brown
: No person shall be eligible director or a
officer who is not stockholder of this CON
S pany. During the absence of the preSider
r the vice-president shall act and preside
Said board shall continue in Office until til
first day of July A. ID. 1904 on which da