The southern sentinel., 1907-04-05
Article Z.

LIMITED, and uI,der its said corporate name
It shall have power and authority 70 have anu
q enjoy corporate existence and succession oo loF
eears from and alter the day aud date hereofs
"a contract, sue and be sued. to make and use
i corporate seal and the same 70 break ana
alter at pleasure. to held, receive lease. par-
chase and convey. as well as mortgage ana
property. real. personal and mix
ed ccrpogeai ana incoTpcreals to name and
appoint snch officers and directors, managers
and AGENTS rs It's business interest and consen-
Tence sAsy require. and to make and estaoiIsn.
Il s.lss j. ta ssstar and amend, from time 10
rif1e. s ch Iy-IAws, rn'es and regulations Tor
shap ps~fer government of the affairs OF said
corporation Us may he necessary and proper.
ARTICLE IL.
The ssomicile Of this corporation shall be in
III Town of NInnfsld, Parish OF Winn. State
oi Louisiana md all citations or other legal
the CORPORATION or, in the event Of his absence,
upon the Vice President at the domicile of the
corporation.
The objects and purposes for which this cor
Tn1 alton was organized, and the nature OF nusi.
ness 70 be carried ON b. it. are hereby declared
II b.. To do general mercantile business IN
the Town OF Winnfield. Louisiana. and 70
establish branch stores and do general msr-
camille business ut such other places as TINS
corporation desires or deems necessary TO the
successful carrying on of the business Tor which
this corporation was organized; 70 sell All
sistinQ OF siry goods groceries and all things
usually handled in up to date stores and 20 seii
the same both at wholesale and retail; 70 90
and to perform ELL things needfui ana necsssaxy
ar that NAV be necessary to successfully carry
IN n general mercantile business and in connec-
ton Herewith, il shall have the r1Ent ana
power to purchase, or lease sucn onildinks -
NAV be necessary to successfully carry on its
business; to make advances to farmers or
other persons IL it so desires, and to DO All
things necessary to successfully carry on saso
business.
The capital stock OF this corporation is here
by declared to be Twenty-Five Thousand l$zo,-
o0ol Dollars to be represented by 500 snares OF
the par value Of Fifty Dollars easn, MniSn GaP p
proceedings taken in the manner prescrioeo oy
the laws of the State OF Louisiana Payment
for said stock shall be made In money. or tle
same may be issued at par for valuable consio-
erafions or in payment OF property transferred
to said corporation or for labor or services cone
for it, provided, that no stock shall De issued
until the full consideration has been received
therefor This corporation shall be ORGANIZED
and begin business as soon as Seventy-nv
Hundred f$7 500 Dollars OF the capital stock
said stock may be issued by the board OF direc-
tors from time to time as they deem NJ. Al
transfers of stock shall be made only on the
books of the corporation at It's once s9plsc.s AZ \;
rectors may prescribe, but no transfer OF ssock
shall be binding on the corporation unless
transferred on the books OF the company.
ARTICLE ".
shall be vested in and exercised BY . board Of
directors composed OF three shareholders, to
be elected annually on the second MondAy 9.
April u each , year Ins sne eIecsion. shan Sc
held ut the Office Of the corporation. ana snAL
Be conducted under such rules and reguiafions
as the board OF directors may pIsscrsDsi hs1i he %
given in writing By the secretary unto eacn
shareholder by mailing the same to MS iast
known address or place of business. EAGn
either in person or by proxy, on each share OF
stock held by him, and . majority Of the votes
cast shall elect. The Directors thus elected
their snccessors shall have been duly elected
and qualified. failure TO hold the meeting
and elect board of directors on the date above
designated shall not dissolve this coIporaauon, ion
tinue to hold Office until their successors are
duly qualified. AL vacancies occurring IN the
board OF directors shall be f1ied Dy the remain
| inp officers Two directors shall constitute 2
arorg1m fer the transaction of business and
| said board of directors shall make all bylaws.
rules and regulations for the transaction and
nroner government of the business affairs OF
| she corporation and shall have power and
authority to do and to perform all things need
1 ful and necessary to the proper carrying on OF
the business ,or which snas ceipoaaaor "a.
| shall be President, Fice-President and Sec
retarv and Treasurer, all OF which snail De
elected by the board OF directors, at Its nrss
/ meeting after its own election and the hoaad
of directors shall have the right and authority
| to elect any one person TO ill any TWO OF the
above named offices, and shall hare the right
fr en- plny such other managers, clerks. assist
ants and employees as the BUSINESS OF the
corporation may require. The following named
| persons to-wit: o. E. Hodge, J. 8. Hunt and
| n. III Spencer. with @. e. Hodge rs President,
q j. Hunt as Vice. President and 4. 3. Spencer
Il Secretary and Treasurer, shall be and are