The Lafayette gazette. [volume] (Lafayette, La.) 1893-1921, 1903-11-14
CHARTER
THE
BIown-Ms|chior Company, Limited.
State of Louisiana,
Parish of Lafayette. !

BE it known that on this thirtieth day of
June in the year of our Lord One Thousand
Nine II hundred and three, before me {. r.
Latiolais notary public in and tor said
Parish and State personally came ana APP
peared the persons whose names are here
unto subscribed ell of full age who declared
tina, availIng themselves of the provisions OF
the laws of this state relative to corporations
and especially of Act No. 80 OF 1888 or 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 4 corporation and body
polite in law, for the purposes and objects
and under the stipulations, articles and con
diliuns 70 lowing to-wit.
ARTICLE I.
The name and title of the sail corpora
ton shall be the Brown Mclchior Company
Limited, and its domicile is hereby esta-
blshed 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 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 name and appoint such oiti-
GERS directors. agents and managers, or en-
ployees, as the interest convenience OF
sa id corporation may require: to make and
establish bylaws rules and regulations tor
the proper management and regulation or
its aft airs as may be eleelusd 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
Sessarv and proper to carry out the ohJscts
and purposes OF said corp0r ration.
Said corporation unless sooner dissolved
IN accordance with its ct after sh all exist an
continue for the period of ten years from
and after the date hereof. The president,
or in his absence the vice-pres'!er, sh'l! 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 or
the business t" be carried on by i, are de-
| clar red 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 or the same may be issued. at not
less than par in payment or exchange tor
| property or rights actually received or pur
| chased by said corporation, the same
may be issued full paid, for money advanced
and for such other valuable considerations
| or services the'board of directors OF SAID
corporation may determine, provided tina
no stock shall be issued until consideration
therefor has been received by the said cor
poratipn. Any stockholder may sell. assign
or transfer his stock in this corporation pro
vided thirty 1907 days prior notice of such
intention to sell, ass gn or transfer the same
be given the company. and the other stock
holders thereof shall have the first privilege
of purch asinc same, after which thirty day
notice the said stock may be sold in ope,
market. The stock of said corporation ma,
be transferred unde: the above condition
provided such transfer thereof be made o.
Carencro, State Of Louisiana, and on sur
render of the certificate thereof. No trans
fer of any fractional part of a share shall b
made.
This corporation shall commence to d
!. business as soon as 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 ahd exercised by a boar
of three 81 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 acts
The following persons shall constitute tn
first board of directors: George E.. Brown
George 7. Melchior, and Samuel p. Brown
: No person shall be eligible as director a
officer who is not a stockholder of this com
5 pany. During the absence of the presider
the vice president shall act and preside
Said board shall continue in Office until tn
first day of July A. ID. 1904 on which dat