The St. Mary banner. (Franklin, Parish of St. Mary, La.) 1889-1931, 1905-04-15
CHARTER
or
NJ. BELL SON Limited.


Bet KNOWN That on tais 25tb DAY of
February 4. u, 1905, before rnc, Charles
Frank Borah, a Notary Public duly columns
stoned and qualified within and for the Par
ish of St. Mary, State OF Louisiana, and in
presence of the witnesses hereinafter named
and undersigned. personally came and an
peared Matthew Bell JOHN -. Ii~l and
Joseph +. EoudreauX, all residents OF the
Parish of ST. Mary, Louisiana, who declared
and acknowledged unto me. SAID Notary,
that avaling themselves of the Lay, OF this
State relative 10 tho Organization ut coI'pa-
rations of limited liability. they have coNeH-
anted and do hereby GOV mant and contr ct
and bind and oh!igatc Themselves and nil
other such persons IS nltys hereafter become
associates with hem Lerci3i @ or4auize, form
ana constitute Il corp"rhti"u on uoay polite
in law, under the style and title. Tor the Oh
jects and purposes and under the c4adl. uns
and stipulation following, 10 wit:
. ARTfcLEI.
The narnt and titi,, at this rarp,.r.,tinr
shall be the Nj. BELL SON, limited and
under its SAID corP"r,i e. name il >iall haze
the power and authority tu exist AND u!,yt.
succession for IL period ri NiuttN-NiH,. t@st"
years from the date "i tbis ari - .itc..rp.,-
ration and under rs SAID name 10 shan Save
the power To CONTRACT. to ~ue and I,. 81, 4.
to obtain and use tsrpoi ate -t.t., and thc
same to alter or break III it, pleas l.r5.: tj hold
sell, purchase, lease AMI convey, Hntrr H.
corporate name, pro party. tEahrs l=sd tr
and appoint such officers, dsrectur-. accents
book keepers, clnsts, AMI othel Feprtstuia-
4
may require; to TX The salaries thereof. ana
to make and establish sucu by laws. rulns
and regulations a. nsN be Gct med N pc,iient
for the proper coUuuct aud management al
the affairs al saia oelpur.sitcn. ana: the same
TO change, alter or itnnUl AT pressure.
taet ARTICLE 4.
The domiciIe OF this aarrrf;,tfon small IT,,
in the Town of Fruuhijl, Parish ~ st. tiart,
state OF Louisiana, and al c}tt ION. CT 81 her
legal processes shut b" served upon tfir
II u -, ~.
dent or, in the absence IF OotH, upon the
Secretary Of this curporatiDn
ARTICLEIiI.
. The objects ami purposes fpr which this
corporation is Organized and lne nature OF
the business to be carried on BY ii are hereby
declared to be To puiCil:t;st' el.d Acquire tilt
stock IN trade, good Will, and mercantile
business Of Matthew HE'LL and IL caffy on
and conduct d gensrai merchandising hCai-
ness in the Town Of Franklin or ciSnW here,
with power to buy. sen ana rxchauaV ali
classes Of goods, wares aud merchant ise.
liquOrs.etc., and in fact, II DO Il general fucr-
chandising business, ANA To, if 'csiFeu. ppcr-
ate in connection Herewith d wholesale and
jobbers business III such ible or lines rs il
may desire to handle, anu t. open such
branch store or stores AS 1t may DESIRE and
in the interest of said nsiness, To- make such
advances as arc required and - carry out
the purposes hereof: il shall have power t.,
receive security by way Of mortgage and
pledge, etc. ,.and to borro" money ana issue
notes and secure the same by mortgage,
pledge or otherwise
.-z. ARTICLE ".
The authorized capital stock of this corpo
ration is hereby liked al Fifty Thousand Dol
lars t$500o0.d0l divided into Five Hundred
1901 shares OF One Hundred Dollars fsio000l
each. All stock issued To be paid for in cash
or its equivalent in property or labor done
when said stock is issucd.
This corporation shall be authorized to
begin business as soon rs majority OF the
shares OF stock shall have been subscribed
for and issued
a - ARTICLE Y.
All the corporate powers of this corpora
ton shall be vested in and exercised by IA
Board OF Directors, composed OF three stock.
holders, to of whom shall constitute "a quorum
for the transaction of business: the said
Board shall be elected on toe first Tuesday
in March, 1906. and in each succeeding wear
on the same day and month; of Whicn said
election fifteen days notice shall be given
prior thereto by written notices sent by mail
to each of the stockholders at least fifteen
days prior to said election Each stock
holder shall be entitled to as many votes as
he shall have shares of stock, which may be
cast in person or by proxy, and majority of
all votes cast shall elect. And in case OF any
tie vote in said eiection OF in any other business
matter OF, controversy arising at any meet
ing or meetings Of the stock holders or Of the
Board, the tie Vote shall be east by the Prrssi
dent. failure to elect Directors on the
date above specified shall not have thc effect
of dissolving this corporation, bur the incun
H.,
hold office until their successors snail be
elected and qualified under Il meeting held
after notice duly given rs above prescribed.
Any vacancies occurring in the Board OF
Directors shall he filed: from the stock
holders by the remaining Board of Directors.
ARTICLE VI.
The officers ofthis corporation shall con
siSt of IA President, Nicn-}resfdent. and sec
rotary and Treasurer The offices of Vice
PRESIDENT and Treasurer or that # Secretary
and Treasury 1lfaH be held ny one and .lte
same person, as decided upon by the BOARD
OF directors: The sad officers shall be cicc
ted by the Board OF Directors at the same
time at which the Board uf Directors IS eec I
ted, and the officers tnus elected shah have
power to employ. such clerks book
keepers, agents and employees us are ne
cessary for the business 81 said company |
and to fix the salaries of same.
ARTICLE VII.
~|The following nafsesi persons shall consti- |
tute the first Board Of DireGtpTsi
W R..1l 4 y