The southern sentinel. (Winnfield, La.) 1883-1910, 1907-05-10

nelgre me, r. X Ana, xa.-s, !. q. Y y I'M !
ara ~ NOTARY Public auly Sonrt aud
and Stree NJ ara Tor aie par,s 70
Sf sqs @. q. Hoslre. J ssaally came and
Ara 49, ~ Residents OF tire pa.iss u =
nefar t5 II louisiana who declared pp.r I'M nm
saas ~ Ibe laws or the Sci, - 81 q the proyis-
sTsss ~ 1Ansed and agreed. ana ~ .ney
selves u rssl a''.s ana asree and bind the,n
hereafter fece,,,n ~ snen other persons as NAV
II, s sonssitnte corporaaior, ana , q ~ m
n.I.s go ier the objects and pollI'c
ing. wascl and stipuiations folloss-
corporation aiaope u their articles of in
ART1cLEI.
The name of this corno~..:..
n 81 \ Fizsl@D MERGANTITF rnltp De me me
and under its said c,,,',r. a \ y
ts nse power and authority 70 have a
~ i, siey corporate existence ar,I aalo
Is iuh term and period ~ -; cesslon Tor
II - ana after the ay and ssf 49, -!
n corrsrrsr sue ano ne sued, to make and u.s.
alter a. s,1sss sai ana the same to break ana
rts - treasures TO hold. receive lraSs nrr
snase ana convey as well as per
81 property, real. personal and mix
apnoins s,.aa and incorpoI cal: to name and
49, 49, sueh ofheers ana directors nsapas--rs
ann agents As its business Interest an, @
A. 80 10y seqaires and 10 make and bIfsh
t;ue 90 80 - ~ aiter ana amend from time 10
~ tsslss eucn by-laws, rules and reppiations 49,
sne proper government OF he sfsasra - ags
~. pofsation as may be necessary and nroT,er -
ARTICLE III.
The donieile OF this corporation sba1t - :.
sH l Town OF Winnheid. Parish az Wins &c.. -
process shall be served anon ths p~sssi ,.'ea.
INT CORPORATION or. in the event Of his .hsan.s,
apen the Nice-PresidenG at the dom.cfie of ibs
ARTICLE III.
Tie objects and purposes for which This cor
pcrAiiop was organized, and the nature II bust
ness 70 &c carried on BY il. are hereby declared
i. ~ os, 10 90 general mercantile business in
.nS Town OF NinHheld. louisiana and to
establish branch stores ana al 4 ecs,r.i 49,.
cantiie business at such other places as this
coLpcIation desires or deems necessary to the
successful carrying on of the business for which
TINS corporation was orpapiyed. ~ salI al
classes . commodities ss merchandise cor
slstang OF dry goods, groceries and an things
usuals hShuied IN mp 10 date stores. and to sell
sne same both az wholesale and retail: to do
ana 10 perform all things needful and necessary
Of lhaI may be necessary to successfully carry
on general mercantile business and in connec-
zoe herewith, II shall have the right and
power 70 purchase. or lease such buildings as
may o. necessary TO succ ssSfulty carry on its
business: to make advances to farmers or
othsr persons II il SO desires. and to do an
things necessary to successfully carry ON said
business.
ARTICLE ".
The capital stock OF this corporation is here
by declared to be Twenty-Five Thousand fS25-
o9o) Dollars TO be represented BY 500 shares Of
the par value of Fifty Dollars each which carr
ital stock may be decreased or diminished by
proceedings taken in the manner prescribed by
lhe1aws Of the State of Louisiana. Payment
for said stock shall he made in money or the
same may be issued at par for valuable cpnsid-
erations or in payment of property transferred
70 said corporation or for labor or services done
for il, provided, that no stock shall be issued
until the full consideration has been received
therefor. This corporation shall be organized
and begin business as soon as Seventy-five
Hundred ts7.5oog Dollars Of the capital stock
shall have besn subscribed. The remainder of
said stock may be issued b.. the board of direc-
tors from time to time as they deem IT. All
transfers Of stock shall be rnade only On the
books OF the corporation at lis Office sub ect TO
such rules and regulations as the beard of d.
rectcrs may prescribe, but no transfer OF stock
shall be binding On the corporation unless
transferred on the books OF the company
ARTICLE ".
The corporate powers of this corporation
shall be vested IN and exercised BY board OF
directors composed OF three shareholders. to
be elected annually on the second Monday of
April I'M each wear. the FIRST election TO be held
IN che year 1865 All such elections shall be
held at the offee OF the corporation. and shall
a. the beard OF directors may prescribe, of
which election ten DAYS prior nofice shall be
given IN writing by the secretary unto each
kruwn address or place OF business Each
shai ahoider shall be eatitieu 70 cast one vote.
either in person or ty proxy. on each share OF
stock eI6 Nv him and q majority Of the votes
east SHAH elect. The Directors thus elected
shall serve and continue ia office until
their successors shall have been duly elected
and qualified A failure 10 hold the meeting
and elect beard OF directors on the date shove
designated shah not dissolve this corporation,
but the then directors and officers shall con-
time to held Office until their successors are
duly or ailfied. All vacancies occurring IN the
board OF directors shall be filled By the remain
ing officers Two directors shall constitute
quorum for The transaction OF business; ano