The southern sentinel. (Winnfield, La.) 1883-1910, 1906-02-23
CHARTER.
JNITEp STATES OF AMERICA


STATE OF LOUISIANA.
Parish of winn.
Be it known that on the 18th day of February.
1906, before me, Harry p. Gamble, Notary
Public in and for the parish Of winn, State OF
Louisiana, duly commissioned and qualified,
and in the presence of the witnesses herein
after named and undersigned, personally came
and appeared the several persons whose names
are hereto subscribed, who declared that avail
ing themselves of the provisions of Act. No.
IS of 1883, and Act No. IS OF 1904, as well as of
the general laws OF this State relative to cor
poratlons. they have covenanted and agreed.
and do convant and agree, to form themselves
into q body corporate ia law for the objects
and purposes, and under the agreement and
stipulations hereinafter set forth.
ARTIcLg y.
The name of this corporation shall be 'Siess-
Belcher Company, Limited" 1t shall exist for
ninety-nine years, unless sooner dissolved.
and its domiciie shall be in the town of vim
field, winn parish, La. Is shall possess and ex-
ercise all the powers, privileges, and immuni-
ties conferred by law upon corporations of this
character. All citations and other legal pro-
cesses shall be served on The president, or in
his absence or inability, on the secretary
treasurer.
ARTICLE III.
The objects and purposes of this corporation
shall be to buy, acquire, own. sell. exchange
and dispose of, at wholesale or retail. dry
goods, notions, groceries, and all other stuffs
and commodities bought and sold in carrying
on the business of general. merchandise, and
department stores; to establish and operate
branch offices and stores, and generally to do
and perform any and all things and to use
such means and conveniences as may be useful
or necessary Tor the conduct of the affairs OF
the corporation, and for. the carrying out Gifts
objects and purposes.
ARTICLE III.
The capital stock OF this corporation is here
by fixed at thirty-fve Thousand Dollars
(s35000.0o), divided into three hundred and
fifty shares, OF One Hundred Dollars (sloO.oo)
each. The subscriptions to said capital stock
shall be paid as the same may be called for by
the Board of Directors All shares of stock
when issued shall be fully paid and non-as-
sessable. and shah be transferred only on the
books Of the Company. This corporation shall
begin business as soon as Twenty Thousand
ts20,ooo.o0) of its capital stock is subscribed.
No stockholdef shall dispose OF his stock until
the same has been offered in writing for ten
days to the other stockholders at its value as
shown by the books OF the Company.
ARTICLE w.
The officers Of this corporation shall consist
of president and secretary-treasurer, who
shall be elected by the boasd of directors from
among its members. The Board of Directors
shall consis. OF three or more stockholders, two
OF whom shall constitute a quorum for the
transaction of business, and all corporate
powers shall be vested in and exercised by said
Board. The first board shall consist OF Louis
Siess, ]. N. Belcher and Henry T. Pye, who
shall serve until the first day OF February, 1907,
or until their successors are elected. The off,
GERS OF this corporation are hereby declared to
be Louis Siess, President; Il. T. Pye, vice
president; J. II. BeIchef, secretary treasurer,
who shall serve till their successors are elected
The board OF directors SD all be elected annu-
ally hereafter, en- the first day OF February, or
soon thereafter as possible at o stockholders
meeting convened for that purpose after ten
days written notice, or notice BY two publica-
tions in weekly newspaper published in the
town Of WINFIELD. Each share Of stock shall
be entitled to one vote to be cast in person py
the stakeholder. or by written proxy. The ma
iority of the stockholders present, or repre-
sented by PROXY shall elect Ths board of d.
rectors shall make, alter or amend any and all
bylaws and rules necessary for the regulation
and the management OF the business and affairs
of the corporation.
ARTICLE ".
This act Of incorporation may be changed.
altered, or modified. or the corporation may be
dissolved with the assent Of the stobk repre-
scented at special meeting called for the pur-
pose, and after its objects shall have been
made known by ten days previous notice in
writing, or notice BY two publications in a
weekly newspaper published in winfield, to
all stockholders.
whenever the corporation Is dissolved its
affairs shall be iiquidated by two commission
ers appointed from the stockholder2 by the
board Of directors.
Thus done and passed in my once, at winn-
heid, 4, On The day and month above writ