The weekly messenger. [volume] (St. Martinsville [i.e. St. Martinville] La.) 1886-1948, 1903-03-21

tion aud BODY polite in law for the pur-
pose 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.
domicilei in Ia. t.,w.i If st. Martinvllle,
Parish of st. Martin. "a ste of louisiana.
The said Corpoittiuu ':..'all exist for
periOd If nipety-ni,ir !, ars 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 well as the power to mortgage
and pledge their property. movable and
immOvable. rights and credits. Alicia
lions and other legal process and no
tices shall be served Oh the President OF
this Company. or in his absence on the
Vice President or OH the Secretary.
ARTICLE II.
The capital stock of this corporation
shall be Ten Thousand Dollars, and it
shall be authorized to begin business
when Two Thousand Five llaldred Dol
lars has actually been subscribed. Said
capital stock shall be divided into One
Hundred shares Of the par value OK One
Hundred (sl000 Dollars each. ALI stock
subscribed shall be paid into the Trea-
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 b. signed by the President
and the Secretary Treasurer. and il 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 aud the Secretary-Trea-
surer, who may be sick or unable to act.
The said 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 two-third vote to issue the
additional stock up to the said sum Of
Ten Thousand Dollars, such stock 10 be-
issued to such persons as may meet with
the approval Of said Board OF Directors;
and no stock shall be transferred to any
one not stakeholder before first offer
ing said stock to the Board of Directors
at a regular meeting who shall have the
refusal thereof.
ARTICLE Ill.
The purpose Of this corporation and
the nature of the business to be carried
on by 1t at st. Martinville. La, are de-
clared to be the buying and selling. at
wholesale. articles classed in Grocery
line, both staple and fancy, produce,
provisions. grain, feed, wood aud will
lOw-ware, wines. liquors, and to do a
general wholesale grocery. feed aud
commission business, to provide and TO
do cold storage business in connection
Herewith; to buy. own. lease and ope-
ate Surroundings aud warehouses, to
buy and sell fuel Of all kinds; and in
order to carry out the said objerts and
purposes or any of them, to purchase,
hold and own, or to lease such lands and
buildings and other property, movable
aud immOvable, as may DO required or
convenient; to pay for all property Of
any kind acquired for the purpose Of
this corporation, either in money or in
stock, as the Directors may decide and
generally to make all contracts that
may be incidental to or connected with
the business Of the Corporation. -
ARTICLE Nv.
All powers OF this corporation shall be
vested in and exercised by Beard OF
Five Directors, Three Of whom shall con-
stitute quorum. The said Directors
shall be- elected by ballot at an annual
meeting of the shareholders, which
meeting shall be held on the second
Monday of tie month Of May bf each
year, beginning with May. 1904; each
share holder shall be entitled to cast
one vote either 10 person or by proxy on
each share Of stock held by him. After
each annual meeting The Board of hi.
rectora shall elect from their own mum.