The St. Mary banner. (Franklin, Parish of St. Mary, La.) 1889-1931, 1908-03-14
-CHARTER Oh
THE 1T. ''IR| NiEDNinH IL. l4i'H.
state of Louis lana,
Parish of ST. Mary.

our '-oi" one ,hoNsahd hiht -h.iiiuivu t ' ~
seven ana ol the independence VI wy
hit'd 0'''t> 81 .Nihtrlt"' me o"'
ureo.ii an" 'lIll -hrst' peio1t n'.,
9'".' - VI u,iiS IN anu ~ ~, di,
'sn W -: ~ " - ~ r',.
',t,' ''' -. named
I NJ ;o,a1 ,,.,.aIi onJ nm
,io 49,, ~, ,,,, t,h''., .,,'''l ,,. b.,r.
~ ~ -,i w., h'' 'iln,I 40, ,bny
-. .tl .,, ~ H. f,',,,' h,,',.. .,,l
on.tit,;, ~ coruora,ini, nnlier tl,a follow
;n4r .t;',,,,atinn- anI ,,,,.an,.nt~ rbi,,,
- ti ''a'.' WY.
'"es "e- 49,
All ltl-E /.
Inc name OF >ald c"l poratlon hrrthv
formed l. declared To To. | II >. = |. VI y
ia hl,N NiL oAi L ~ III -
lis uoihIcite siiaii be III me town OF
frahhllh, i-",!l>lahi. ana II Shaii nave q
sea- Win Such ih>clif'i"h anu ueNlce as
i'las ne seiect'u ny 'iie hoai" oi i'Aftc'"iH'
me 'rGsiueh'' OF IN event VI HIS mum
ny |" ACT ny rta> oi! OF ms ap>e.ce or from
othtr cau>e, 'ht lce-l re>loehl : helc''n
deel''leu l" ne ihe person upon whom itii
citaii'" anu otA'i h-ai PiOees sh'ii NC
served oaio 9hl'ahh >hdi enjoy success
SION ."r feFiou 81 hth'tE nine year, from
uaic hertol, ~ II >hali nave me Ii4H' l"
pu,'!'asG' n'iu' ihoft-a1e an" CONVEYS
ho'h real ana personal property
-, Al NE H.
me onJect> anu purposes i'I nicn t"'s
cprpolatloh T. of2ahlzeu ana tht nature ~
the business - BE carried On ny IL are
merely 4eclareu to ne Il Wholeeaic ana 10,
IAN HaiuWdie establishment, 20 sue ana
be sued, to purchase patent rights. lnVen-
lions, ana all llnpfoNeihe It's IN nechlhtrI
TO use ana apply same III the course OF
thelr business, I" buy ana sen Nthicie>,
carts, W aSoh>, plo"s, elc.- hardware ma
chihefN, implements, etc, ana TO 90 any
other act and lining appertailllnS To OF con-
heeted Win me hardware business
ARTICLE III
The capital stock of tins corporation Is
hereby liked at SIX thousand Dollars
ts6,0o0.G0l represented by sixty t6D shares
OF one Hundred Dollars each, payable
cash, 10 be delivered 10 each subscriber IN
person. ms corporation shall nave the
right TO commence business Immediately.
The capital stock may be Increased TO IN
amount not exceeding ten thousand dollars
(Slo,Uo) in the manner provided 10y law
anu persons holding stock snail have the
right To subscribe Tor such stock III pro-
portion to the number OF shares then held
by such person or persons: ana which
shall be paid for at such times and III such
sums As the board OF Directors may direct.
In the event any stakeholder desires to
dispose Of any stock then hel,t by him. he
shall hr>t offer it to the Company or to any
individual stakeholder thereof, which
Company or stakeholder shall have the
option OF buying same at the price offered.
ARTICLE ~.
All the corporate powers of this corpora
ton shall be vested IN and exercised by
Board OF Directors to consist OF five, each
DelnSa stocknoiaef OF SAID Company, three
81 said Board shall constitute quorum.
The Treasurer and General Manager shall
nave tuii power To purchase property,
patent rights, inventions, machinery. mn
plement>, etc. ana TO have constructed
buildings, machinery implements and other
apPurtthahces and appliances necessary
Tor or incidental to the carrying on of the
said bllslnes, to sell or exchange he
Board OF Directors >hai make and establish
all bylaws, rules and regulations for the
management OF the business of the Com
pany, ana to change, alter and amend the
same at pleasure, at any meeting OF the
Board of Directors vote of the ma ority
pre- semi i'll person or by proxy shall gov
ern. The Board of Directors shall elect a
President, Vice-President, Secretary and
Treasurer and the Treasurer shall be ex-
otiicio, the general manager of the BUSH
ness OF, the corporations.
The Treasurer and General Manager
shall have the right to employ all clerks
and assistance IL the conduct of the busi-
ness and shall fix their salaries. The first
Board of Directors shall be composed of the
!oiio" ~ h''hN0 stoShI'luels y. 4 ". MAJ oH,
Don Gallery. Arthur Martel. J. ID. Brous-
sard and 4 fired PecOt until the second
Tuesday of January. 1909. or until their
successors shall have been duly elected and
qualified; each Board of Directors shall
select one OF their number as President
ce-President, >ecretary and Treasurer,
who shall hold office until their SUCCESSORS
shall have been elected by the succeeding
Board. The Treasurer shall be the eX-of
hcio General Manager of the business.
Until the election to be held on the Sec
ond Tuesday Of January, 1909, the follow
ing shall serve as President. Alfred Pecot;
as Nice-President. Arthur Martel: as
treasurer +. Marsh; aid as Secretary,
j. -. Broussard.
A majoritv Of the Directors shall cOnsti-