The southern sentinel. (Winnfield, La.) 1883-1910, 1907-04-26

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rst. - n n Louisiana who declarra ns.,. mi
Tons II HI sI Il sailing Themselves 81 The prosIs
have covsusn..a n ~ sne stste q louisiana, they
ssixss - covenant and agree and hsna 49, pse-
49, - well W such other a.rs,,,.s a sne -
knd eonstitvs.. .s associated with them. e form
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ARTICLET.
o. r NJ ~namg Of this corporation shalr r.. A..
r 4 y1.NTsnriEi1D MERCANTILE rnMpENWe
ID shaia a. Ana under Its said corporate name
4, II, 49, nAse power and authority To have and
~ 10y corporate existence and xuccession Tnr
&C., 49, - term and period OF ni-ety- nine fsQf
& con.r o sna sitsr the day and date hereof:
corporate seal and the same ~ h-aat ass
a III - pleasure. to hold, receive lease mr..
49,. lit convey, a. well M mort rare and
al caraa property, real. personal and mix
N>s. a
appoint such officers and director rea,,s 49,
s 80 aKents ~ fts business interest ana convsr-
= 81, ny require and to make and establish
time su - X hv I,.sr and amend. from time to
* 49, sasn py laws, rules and regulations for
80 p.ePef government of the affairs or said
corporation - may be necessary and proper.
ARTICLE Ii.
- L1e oomicile OF this corporation shall he in
tne Town OF Winnfeld Parish al VIM SEA-
,,.s I.ana, ana all citations or other iegi
ne corporation or. In the event OF his absence.
UPON tne sice-President ct the domicile Of TIRE
'''p0la''on. ARrnrnur
Tie objects and purposes for which this cor
poration Was organized, and the nature Of bust
ness 20 o carried on by 1t, are hereby declared
e oe; &c 90 general mercantile business In
nc Town OF WINFIELD. Louisixnu, and 10
es ..1nsn branch stores and do general mer
corPoTauon desires or deems necessary to the
successfui carrying on OF the business for which
snls corporation was Organized; TO sell all
sisting Of dry goods, groceries AID all things
usually ns-dled IN up to date stores, and to sell
the ssTe both ct Wholesale and retail; to do
10 70 perform all things needful and necessary
On general mercantile business and In connec-
ton herewith, II shall have the right and
power 20 purchase, or lease such buildings a
may % necessary 70 successfully carry On its
other persons II II so desires, and to do all
sninss necessary 20 successfully carry on said
ARTICLE w.
The capital stock OF this corporation Is here
By declared to be Twenty i've Thousand (s25,-
0o0) Dollars TO be represented by 500 shares 81
the par value Of Fifty Dollars each, which cap
ifal stock may be decreased or diminished BY
the laws 81 the State Of Louisiap-. Payment
Tor said stock shall be made In money, or the
same may be issued ut par for valuable consid-
eTations !. n payment Of property transferred
TO ri corporation or for xbor or services done
Tor it, provided, thst no stock shall be issued
until the full consideration has been received
therefor. This co sporation shall be organized
funded 81. 500 Dollars Of the capital stock
shsll have been subscribed. The remainder of
said stock may be issued By the board Of direc-
tois from time 20 time IS they deem 1T. AL
transfers Of stock shall be made only on the
books Of the corporation at its ONCE subject to
such rules and regulations Is the hoard OF d.
rectors may prescribe, but no transfer OF stock
tra tran, On the books Of the company.
ARTICLE ".
The corporate powers Of this corporation
shall be vested In aid exercised BY board oi
directors composed OF three shareholders, 10
be elected annually on the second Monday u
April in eacn year the nrst election 20 q ne h
held 1t the once Of the orTorntion. and shall
Be conducted uAlder such rules and regulations
- the board Of directors may prescribe, OF
river, ID writing BY the secretary unto each
Shareholder BY mailing the same 70 his last
known address or place OF business. Bach
shareholder shall Be entitled to cast one vote,
stock held hy him, and . majority OF the votes
east shall elect. The Directors thus eiecteu
shaH serve ana continue In oficc until
their successors shall have been duly elected
- ~-.~1;traa failure To hold the meeting