The Lafayette gazette. [volume] (Lafayette, La.) 1893-1921, 1903-07-04

| TO wit:
|. ARTICLE I.
The nam. and title of this corporation
| shall be The Merchant Grocer Company,
| Limited, and ITS dnmicile shall he at La
| fayettc. Lafayette Parish, State of Louisiana.
ARTICLE II.
This corporation shalt enjoy succession
for the full term and period of twenty-five
years from date of this act.
ARTICLE III.
This corporation shall have power To
| make and use a corporate seal, and the
| same to alter and change at pleasure; II
shall have the power to contract, sue and
he sued; to hold, receive and purchase,
| lease, sell and convey property, both real
and personals; to hypothecatc and mortgage
| its real property and personal effects, but no
mortgage shall he 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 a proposed mortgage; to appoint
such officers as the business of the corpora
ton may 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 this
corporation is formed are hereby declared
to be: To conduct a general wholesale gro
Gerry and commission business, and TO do
any act necessary to successfully conduct
the said business.
ARTICLE V.
All citations or process of law shall be
served on the president, or in his absence on
the vice p, esident, Or in the absence of both
of these on the secretary.
ARTICLE VI.
The ca pital stock of this corporation is
hereby fixed fifty thousand dollars, di-
vided into five hundred shares of one
hundred dollars each, and this corporation
shall be authorized to do business as soon
as twenty five thonsa dollars of its stock
have been subscribed for.
ARTICLE VII.
The business or affairs of this corporation
shall be conducted under the management
and control Of Board of Directors, to be
composed of five stock holders, three of
whom, shall constitute Quorum.
The board of directors shall elect pres
ident, vice president, and secretary and
treasurer, and such other officers as may be
necessary for the management of this cor
poration. 1t shall have power to fiji all va
cancies occurring either by death, reslgna-
ton or otherwise. The Offices of secretary
and treasurer may be consolidated and held
by one person.
+. Demanadc, J. X. Jeanmard, y. Z.
Moss. +. Moore Bossat and 5. X. Parker
son shall compose and constitute the first
board of directors, with f. I'emanadc as
president. !. X. Jcanmard vice president
and Geo a. DeB!anc secretary and
treasurer; the said named persons shall
hold their respective offices until the second
Tuesday of May 1904, at which time and
annually thereafter new board of direc-
tors aud officers shall he elected. \
jority of the votes cast at meeting of the
stock -holders shall elect, each stock holder
being entitled to cast either in person or by
proxy, vote for each share OF stock
owned by him. Said mcetinS shall be & ven
notice of by publication for thirty days in a
newspaper published at Lafayette, Louis
lana and held in the Offices of the company
in said place. The failure or omission to
.l.,.I hall
manner affect the business Of this company,
and the officers shalt hold office until their
SUCCESSORS are elected and have qualified.
ARTICLE VIII.
No transfer of stock shall be binding on
the company until ii has been recorded on
the books of the corporation. In the event
any stock holder desires to sell his stock, he
shall give the remaining stock holders the
privilege of purchasing same at the ruling
market price thereof.
ARTICLE TX.
No stock holder shall he held personally
liable for the faults Of this corporation. Nor
shall any stock holder he liable for to any
greater extent than the unpaid ba lance due
on stock purchased by him. No informality
in organization shall affect the liability OF
stockholders Or render this charter null.
ARTICLE Y.
This act of incorporation can he changed,
modified or altered, Or the corporation dis
solved with consent Of three fOu'ths of the
capital stock represented at any general
meeting of the stock holders, convened for
such purpose, after thirty days previous
notice shall be given of such meeting. 10y
publication in i newspaper at Lafayette,
Louisiana. and written notice mailed I"
each stock holder ten days previous to such
mtetng-
ARTICLE NJ.
When this corporation is dissolved either
hv limit a;ion. or otherwise, its affairs shall
be liquidated by three commissioners TO be