The Lafayette gazette. [volume] (Lafayette, La.) 1893-1921, 1903-06-27
hereby agree to the following stipuiat'ons'
ARTICLE /.


years from date of this act.
ARTICLE III.
This corporation shall have power ="
make and corporate seal, ana INC
same to alter and change ut pleasure;
shall have the power to contract, sue ana
be sued; to hold, receive and purchase,
lease, sell and convey property, both real
and personal; to hypothecate ami mortgage
its real property and personal ehects' put no
mortgage shall be given on ITS real property,
except when authorized at meeting OF
stock holders. after majority OF STOCK
subscribed has been voted IN favor OF
granting Il proposed mortgage; to appoint
such officers as the business of the corpora
ton NAV REQUIRE and to- make all necessary
rules and bylaws for the successful Conduct
of the business, and the same to- change at
will.
ARTICLE ~.
The purposes and objects for which TINS
corporation is formed hereby declared
to be: To conduct general wholesale gro
Gerry and commission business, and to 90
any act necessary to successfully conduct
the said business.
ARTICLE V.
All citations process of law shall he
served on the president, or III his absence on
the vice pr esdcnt, or in the absence of both
of these on the secretary.
ARTICLE VI.
The capital stock of this corporation Is
hereby fixed III fifty thousand dollars, di-
vided into five hundred shares of one
hundred dollars each, and this corporation
shall he. authorized, to do business soon
as twenty-five thousand dollars of its stock
have been subscribed for.
ARTICLE VII.
The husincss or affairs of this corporation
shall he conducted under the management
and control of Il Board of Directors, to be
composed of five stock holders, three or
whom shall constitute 4 quorum.
The board of directors shall elect pres
ident, vice president, and secretary ana
treasurer, and such other officers as may he
necessary for the management OF thus cor
poration. 1t shall have power to hu all va
canclcs occurring either hv death, restS"a-
ton otherwise The Offices of secretary
and treasurer ma, be consolidated and held
by one person.
r. Demanade, J. X. Jeanmard, NJ I.
Moss. +. Moore Biossat AMI =. X. Parker
shall ComIo se and constitute the hfS'
board of directors, with r. bemana'ie as
PRESIDENT !. X. jeanmard as vice president
and Geo \. DeBlanc as secretary and
treasurer; the said named persons snail
hold their respective offices until the second
Tuesday of May 1904, ut which time ana
annually thereafter, 4 new board OF hlrec-
tors and officers shall be elected. ma
iori,y of the votes cast a, a meeting OF the
stock holders shall elect, each stock holder
being entitled to cast either in person or by
proxy, one vote for each share OF stock
owned by him. Said meeting shall be 81 ven
notice of by publication for thirty days IN
newspaper published at Lafayette, Louis
lana and held in the Offices of the company
in said place. The failure or omission I"
elect officers as provided for, shall in no
manner 4 feet the business of this company.
and the officers shall hold Office until their
Successors are elected and have qualified.
ARTICLE VIII.
No transfer of stock shall I've binding on
the. company until it has been recorded on
the. books of the corporation. 10 the event
L holder de. sell his stock. ne
shall give the remaining stock holders the
privilege of purchasing same at the ruling
I,,arkc, price thereof.
ARTICLE IN.
No st"c k holder shall be held personally
liable. for the faults Of this corporation. Nor
shall any stock holder be liable for to any
qr,.ater extent than the unpaid balance due
on stock pu, chased by him. \" IN t"rmliIty
in organization shall affect the liability OF
stockholders or render this charter null.
AkIiCI.E y.
This act of Incorporation can be changed,
modified or altered, or the corporation "i>'
solved with consent Of three t""'thS "f the
capital stock repre- scented at any E"ncrat
meeting Of the stock holders, convened tor
such purpose. after ,hltty days previous
notice shall be given Of such meeting. ny
I,uI,,ic..linn in a newspaper nj Lafayette
louisiana. and written notice mailed I"
each ,'"ci. holder ten days previous /" sue"
ct,ng.
ARTICLE Nj.
When this CORPORATION is dissolved either
hy Limitation, O. otherwise, its affairs shall
hc Inundated lay three commissioners TO DE
appninteI for that purpose by the stock
holders: a meeting uF the stock -hOldcrS to
he called in the same mannc" As provided
for in article Y ut this charter. The sad
commissioners shall rcuIlu in office until
thu. affairs ut tive ca, 1nratiuu are !i4uidHted,
and III cas-. IF death resignation, the re-
naming ones or one shalt elect Others
The original subscription list l. heret"
annexed.
Thus done and signed at Lafayette,
Louisiana this sixteenth day of May, 1908.
..oKIGINAI, SIt:NED'
!. G.. Nickerson, =. Brgnau'l. Geo y.
DcBlanc, l.. NJ. l;irssat. e. VI. rarkers"n,
:. H. Parker,on, \. l.. Moss, +. Dcmanadc,
l. X. Jeanmarl, Frank T.. Moss.
Witnesses: Pierre X. Landry. +. S"ntag-
JEROME MnuTnN, Notary Public.
Merchants Grocer Company, Limited,
We the undersigned subscribe to the mum
Der of shares of one hundred dollars each
placed opposite our Respective names, OF the
capital stock Of the Merchants Grocer Com
| pany Limited, to he organized for the p"r-
| pose. of conducting wholesale grocery ana
commission business; to be domic1ied IN the
| town of Lafayette, and to be capitalized at
fifty thousand dollars; to beg i'm business as
| soon as twenty five thousand dollars nave
| been subscribed. Said stock TO be paid tor
| in cash as follows: Fifty per cent. when
| called for, and the other fifty per cent OF
| resolution of the Board of Directors.
| l. X, Ieanmard .,..............,.......5o shares
S. x. Patterson, .........'...''...'25 shareS
CHI