The St. Mary banner. (Franklin, Parish of St. Mary, La.) 1889-1931, 1905-05-27
CHARTER.
OF THE
Planters Hardware Company, Limited.
STATE OF LOUISIANA. I
PARISH ST. MARY.


hve and the Independence of the Unite,
States of America, the one hundredtl
and twenty.Dinth, before me, Henri.
Mayer, Notary Public, in and for tn
Parish Of St. Mary, State of Louisiana
duly commissioned and qualified, ant
In the presence of the witnesses herein
after named and undersigned, PERSONAL,
came and appeared the persons who's
names are hereunto subscribed, who de
olared that they. by these presents, dc
form themselves and constitute "a cor
poration under the following stipula
tons and agreements, which they hereby
adopt as their Charter, to-wit:
ARTICLE /.
The name Of said corporation hereby
formed is declared to be "THE PLANT
ERY HARDWARE COMPANY, LIN.
ITED." Its domicile shall be in the town
0fFranklin, Louisiana. and it shall have a
seal with such inscription and device as
may be selected by the Board OF Direc-
tors. The President or in event of his
inability to act by reason of his absence.
or from other cause, the Vice-President
10 hereby declared to be the person upon
whom all citations and other legal pro-
cem shall be served. Said Company
shall enjoy succession for period Of
Ninety-nin years from date hereof: and it
shall have the right to purchase, hold,
mortgage and convey, both real and per-
sonal property.
ARTICLE
The object-and purposes for which
this corporation is organized. and the
nature of the business to be carried on by
- hoAo1~u Aon1o 20 lao N uyhn 10
and retail hardware establishment. to
purchase Patent Rights, Inventions, and
oil improvements in machinery and to
use and apply same in the course of their
business, to buy and sell vehicles. carts,
wagons, plows. etc. hardware. machinery.
implements, etc.. and to do any other
act and thing appertaining to, or con.
nected with the hardware business.
ARTICLE ILL.,
The Cspital Stock of this corporation
10 hereby AIRED atN'wenty Five Thousand
Dollars (e25, 900 .O0), represented b Two
Hundred and Fifty shares Of One Hun
dred Dollars each; payable in INSTALL
ments . called for by the Board of Di- |
rectors; il being provided that ten days
notice Of each call shall be delivered to |
each suhsofiler in person or sent him
through the mail. This corporation \
shall have the right to commence bust
mess % soon as Three Thousand Dollars
ID subscribed for and paid in. The Cap
ttal Flock may be increased to an amount
not exceeding Fifty Thousand Dollars,
(e6O, O0O.OO), in the manner provided by
law, and persons holding stock shall
have the right to subscribe for such
stock in proportion to the number of
shares then held by such person or per-
Dons; and which stock shall be paid for
= such times and in such sums as the
Board Of Directors may direct >.
Il any installments are due upon the
neck Of this Company, and shall not be
paid - and when called for, said stock
mall Be forfeited to the Company, to-
Esther with all installments paid there
% without any legal proceedings: and
IL ssme shall be sold in such manner
y may be provided by the Board of Di-
eetoES.
ARTICLE
All the corporate powers of this cor
pofatlon shall be vested in and exercised
y Board Of Of Directors to consist of
-. each being stockholder of said
company. The Secretary and General
Manager shall have full power to pur-
sneee property, patent-rights, inven-
Mons, machinery, implements, ETC., and
2 have constructed buildings, machin-
~, implements. and other appuri ances
No appliances necessary for, or inciden.
~ g tie carrying ON of said business.
2 eol Or exchange. The Board of Di. {
- orr eh1ll make and establish all By-
LaWss kulee and Regulations for the :
oaaeemens OF the business of the Com {
,eax; and to change, alter and amend ;
- eeme o pleasure; at any meeting of !
~ Hoard vote of the majority pre-. (
sns shall govern. II
Ihe Board Of Directors shall elect
.reedent, Vice-President, Secretary and {
Lfeoeuref and the Secretary shall be ex.
0c5os the General Manager of the busi-
- Of the Cooperation. i
ia SECRETARY and General Manager c
81 heye the right to employ all clerks
netness ard shall fix their salaries :
- Ant Boardof Directors shall be com |
- of~ehe following named stockhold- !
=: -. 4. PeS0fman, H. G. Rose. j. r. i
I'D, !. 4. Hanson, 8. We'll, q. A, Bar.
-, fersy Saint. n. s. Pickett, j. y
~ Mertel and W, T. Jones, and they /
~ hs11 0tloe until the second We'd $
oea1 of June, 1908, or until their sue
oo1g1 shall have been duly elected and.
l4lk1o4; eaCh Board Of Directors shall i
~ one u their number az President. }
~ I'LL hold o6ice until his successor I
~ 1aye been elected By the succeed a
7 0oord of Directors. 2
Ihe I'D Board shall elect Vice. !
oo6oont; : Treasurer and Secretary and 6
! lottor ohall Be ex-otlcio General a
k1nnogDf lhe business. 4 \
- 0e0FetaTy and Treasurer may not 81
slockholders Of tho corporation. g
Undl IL eloceion to be held on the n II
.o1d Wednesday OF June, 1906, the m
lowing ahall - President, Vice. q
I11aenk Ifeasnssr and Secretary: J. y y
~ 4artsl shall b President. h. Oh
Iwford Rose shau be Vice President. op
2 We'll shAD - Treasurer and will. s. IS
Jones shall ~ Secretary and ex-oficio mi
nesa! Manager Of the business. e
majority Of the Directors shall con- ~,
ute quorum for the transaction 81 del
business; al yacansies In said Board op,
1eath, resignation OF otherwise shall ~ -;
lIied BY the remaining Directors. ma
! ~ second Wednesday OF June. and
! 80 annually thereafter. a. cleo. do az