The St. Mary banner. (Franklin, Parish of St. Mary, La.) 1889-1931, 1909-03-06
CHI A RI Err
OF THE
CentreVille Mercantile Co.,
LIMITED.
STATE OF LOUISIANA, |

January. nineteen 1unQfeu ana uIHe, De-
fore me. Isaac &. Wooster. Il Notary Pub
lie. in and for the Parish of st. Mary.
State of Louisiana, duly commissioned
and qualified, and in the presence OF the
witnesses hereinafter named and under
signed, personally came and appeared the
several persons whose names are nereunto
subscribed, who severally declare that
availing themselves OF the laws OF tne
State Of Louisiana. in such cases made and
provided, particularly ct No. Is OF the
Genel al Assembly of this State of the ses-
sion of 1904, approved July 4th, 1904, they
have contracted and agreed, and do by
those presents covenant and agree and
bind themselves, as we'll as such persons
as may hereafter become associated with
them to form and constitute corporation
for the objects and purposes, and under
the articles and stipulatiOns, to-wit:
ARTICiEI.
The name of the said corpOr ton shall
be, "CENTkEVILLE MERCANTILE
COMPANY, LIMITED" ard under the
said corporate name it shall have power
and authority to have and enjoy succession
for the full term and period Of ninety mine
years from and after the date hereof, to
make contracts, sue and be sued, to make
and use q corporate seal, and the same to
break or alter at pleasure, to hold, receive,
lease, purchase and convey, as well as
mortgage and hypOthecate property real,
person Il and mixed, to name and appoint
such managers, agents, directors and ON
GERS as ts6usiness or interests or cOnven-
fence may require, to make as well as alter
and amend, such bylaws, rules and regu-
latiOns, for the proper conduct and man
agement of the affairs Of the said corpora
ton as may be necessary and proper.
ARTICLE II.
The domiciIe of this corporation shall be
in the town Of Centreville, Parish Of st.
~ n,,iS a flOnS
or other legal process shall be served upon
the President of the said corporation. or
in event of his abst nee upon the vice.
President, and in the absence OF both
these officers, upon the secretary treasurer
of the said corporation.
ARTICLE Ill.
The objects and purposes for which this
corporation is established, and the nature
of the business to be carried on by it are
declared to be to purchase. own. sell.
mortgage. ALLEVIATE, lease. receive and &C
quire property, real, personal and mixed,
and to carry on a general merchandise,
grain and drug business by wholesale and
things germane and pertinent to the said
business which may in any way advance
the interests Of the said corporation.
ARTICLE Nv.
The capital stock of this corporation Is
hereby fixed at fifteen thousand (T15.OOO)
shares Of fifty ($5O.OO) dollars each. The
capital stock aforesaid may be increased
bv a vote of the stockholders owning ma
jOrity of all the stock Of the said cOrpOr-
alton at a meeting called especially for
that purpose in the manner provided by
law. No transfer Of stock of this corpOr-
alton shall be binding upon the corpora
ton until transfer OF same Is made on the
books Of the aid corporation Any trans
fer of stock made by the owner thereof
Hmay be mad by the mere delivery OF the
OK itself, and the holder of any portion
the stock of the said corporation shall
- accredited as the owner thereof unless
the contrary should appear. and shall be
paid for before issued. stock shall be
paid for as ca led for by the board of di-
rect0rs.
All the powers of this corporation shall
be vested in and exercised by board or
holders, to be selected annually on the
third w ednesday in anuary in each year.
beginning ON Wednesday. January 18TH,
1910 All such elections to be by ballot.
and each stakeholder shall be entitled to
one vote for each share of stock standing
in his or her name on the books OF the said
corporation, to be cast IN person or by
proxy, and majority shall elect, and of
which election ten (10) days notice shall
have been given in one or more news
papers published in the town of Franklin,
La. ana by written notice to each stock
holder of record, ten full days previous to
such election. The board of directors
shall make and establish as well as alter
and amend, any and all bylaws, rules and
regulations, necessary for the support ard
MANAGEMENT Of the business and affairs of
the corporation, and have full power and
authority tOsbOrrow money. execute mort.
cages. and also to issue and deliver full
4 L. <~f nf tha said
ton at not less than par value, in payment
of labor done or money or property actu-
ally received by the corporation.
The Ulcers OF this corporation shall be Il
president, vice pres dent, secretary and
treasurer. and the offices Of secretary and
treasurer may be filled by one and the
same person.
ARTICLEvI.
This act of Incorporation may be modi-
led, changed or amended or altered, or
the said corporation may be dissolved with
the assekt Of three fOurths of the stock
represented at meeting called for the
purpose after ten tl0l days written notice
to each stakeholder If record.
ARTICLE VII.
Whenever this corporation is dissolved
either by limitation or otherwise, its
affairs shall be liquidaied, and under the
supervision of one ~ liquidatlng commits
sioner, TO be appointed for the purpose
from among the stockholders CT the cor
poratiOn. ut general meeting called for
The purpose, convened after thirty (3O)
days published notice in one or more news !
papers published In the town OF Franklin, |
La. and written notice to each stakeholder |
Of record, ten tlO) days previous to such |
meeting and the assent Of three -fourths of |
the stock represented at such meeting; and |
the compensation of the said commits sioner |
shall be jxe.. Ut the meeting ut which he |
il chosen. : ny vacancy occurring from |
any cause whatever shall be filed 10y a
special h. e. ting called after ten tlO) days. |
written notice to each stakeholder of |
record. and the assent of thr. e.fOurths of |
the stock represented ut such meeting.
ARTICLE VIII,
No stockholder shall ever be held liable /