The Rice belt journal. (Welsh, Calcasieu Parish, La.) 1900-19??, 1908-07-31
Charter OF the Southern Mercantile
Company, Limited.
United States OF America.

UulGeu obdtcS " .NIueflCd.
! State of Louisiana,
Parish of Calcasieu, BE- it known,
that on this, the Thirl eth day of May,
in the year of our Lord one thousand,
nine hundred and eight 1908).
Before me, Lee E. Robinson, a
notar! public IN and for said parish
and >'ate, duly commissioned and
qualii"'t on this day personally came
and appeared r. M. Gray, isaac
'onten"r. E. G. Willard, P. E. Lou
Were, i. F. Bower, M. B. VanNess,
VOLTA Bourgeois, Putin FOntenot,
.I"hn +. Cooper, Geore" f. Lawrence,
+. +. "'Ontenot. D. F. Petprsteim, G.
h. Moore, &. L. Beeler. +. D. Pous-
son. Alex Demmerest, Alcide Desor-
maux. each of whom declared unto me
notary, in the presence of the herein
after named and undersigned compe.
tent witnesses, that awaiting themsel yes
Of the provisions of the laws of
Louisiana relative to the formation of
corporations in general and especially
of act No. Sc of the general assembly
of Louisiana, adopted in 1888, they
have covenanted and agreed and by
these presents do covenant and agree
and bind themselves and such other
persons as may hereafter be associat-
ed with them to form and constitute a
corporation and body polite in law
for the purposes, objects and under
the stipulations following, towit:
Article /.
The name and title of this corpora
ton is hereby declared to be the
"SOUTHERN MERCANTILE COMPANY,
LIMITED" and its domicile is hereby
established at Welsh. in the Parish of
Calcasieu and State of Louisiana.
The President of the corporation,
and in his absence the Vice President.
is hereby designated as the person
upon whom service of legal process
shall be made.
Article II.
Under its corporate name this cor
pOratiOn shallha power and author
itv to contract, sue and be sued: to
make and use corporate seal; to
hold, own, buy sell, lease, pledge,
mortgage or hyDothecate property,
real, personal and mixed; to pane
and appoint, or employ such officers,
directors, agents and EMPLOYEES as
the interest or convenience of the COR
poratlon NAV require, and generally
to do and perform all acts and things
that may be necessary, legal and
prope" :" carry out the objects and
purposes "f mis- corporation.
This r"r"r"tion, unless sooner dis
solved IN accordance with law and
a." PRIV :sin'.> vt this charter. shall
exist and continue for period of
twenty-five years from the date hereof.
Article III.
The objects for which this corpora
ton is organized, and the nature of
he business to he carried on by it,
IRE to he as follows, to-wit: To own,
maintain. manage, conduct and carry
on genera mercantile business: to
huv, sell. exchange and otherwise deal
in all kinds Of merchandise, vehicles
and plantation supplies for cash or
ON credit: to ACQUIRE, receive and en-
force such pledges, liens, privileges
mortgages and preferences as may be
necessary to carry on said business
and to secure said corporation for
goods or money advanced.
Article w.
The capital stock of this corpora
tion shall be thirty thousand dollars,
divided into and represented by three
hundred shares of the par value of
one hundred dollars per share. All
stock of this corporation shall be paid
for in cash or its equivalent at the
time of the subscription or may be
issued at not less than par value in
payment or exchange for property,
rights or credits actually received or
purchased by said corporation or for
money advanced or for services rem
dered: provided that no stock certifi-
cate shall be issued until the consider
alton therefor has been received by
the corporation.
This corporation shall be authorized
to commence business as such as soon
as Ten Thousand Dollars of its CAPT.
ia stock shall have been subscribed
and paid for.
Article V.
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