The St. Mary banner. (Franklin, Parish of St. Mary, La.) 1889-1931, 1909-02-27
CHI A RI E r
OF THE
CentreyiIIe Mercantile Co.,
LIMITED.
STATE OF LOUISIANA,

Be it known on this twenty HlntH Jay VI
January. nineteen hundred ana nine; oe
lie. in and for the Parish OF It. 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 v hose names are hereunto
subscribed, who severally declare that
ayailing themselves OF the laws OF the
state of Louisiana. in such cases made and
provided, particularly Act No. 3 OF the
General Assembly OF this State of the ses-
sion of 1904, approved July 4th, 1904. they
have contracted and agreed, and do by
these 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 stipulatiUns, tO-wlt:
ARTICLE l.
The name of the said corporation shall
be, "CENTREVILLE MERCANTILE
COMPANY, LIMITED" and under the
said corporate name it shall have power
and authority to have and enjoy succession
for the full term and period OF ninety nine
wears from and after the date hereof. to
make contracts, sue and be sued, to make
and use corporate seal. and the same TO
break or alter at pleasure, to hold, receive,
lease. purchase and convey. as well as
person al and mixed, to name and appoint
such managers, agents, directors and ON
GERS as its business 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 domicile of this corporation shall be
in the town Of Centreville, Parish OF st.
Nary, State Of Louisiana, and all citations
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 1t are
declared to be to purchase. own. sell.
mortgage. alienate. lease. receive and ac-
quire property. real, personal and mixed,
and to carry on a general merchandise;
grain and drug business by wholesale and
retail, nd to do and perform any and all
things germane and pertinent to the said
business which may in any way advance
the interests of the said corporation.
ARTICLE ".
The capital stock of this corporation Is
hereby fixed at fifteen thousand (S15OOO)
dollars, divided into three (3O0) hundred
shares Of fifty (S50.0O) dollars each. The
capital stock aforesaid may be increased
by vote of the stockholders owning ma
i0rity of all the stock Of the said corpOr-
alton at q 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 said corporation Any trans.
fer Of stock made by the owner thereof
may be made by the mere delivery OF the
stock itself, and the holder Of any portion
y OF the stock Of the said corporation shall
be accredited as the owner thereof unles,
y the contrary should appear. and shall BE-
paid .or before issued. stock shall be
paid for as called for by the board of di-
rectOTs.
All the powers of this corporation shall
be vested in and exercised by board Of
directors to be composed of five stock.
holders, to be selected annually on the
third w ednesday in January in each year
beginning on Wednesday, January 18TH,
1910. All such elections to be by ballot,
ard each stakeholder shall be entitled to
one vote for each share of stock standing
in his or her ma me on the books Of the said
corporation, to be cast IN person or by
proxy and majority shall elect, and OF
which election ten tlO) days notice shall
have been given in one or more news
papers published in the town Of Franklin,
La. and BY written notice to each stock
holder of record, ten full days previous to
such election. The board of directors
shalI make and establish, as well as alter
and amend, any and all by laws, rules and
regulations, necessary for the support ard
MANAGEMENT of the business and affairs OF
the corporation, and have full power aud
authority to borrow money, execute mort
cages. and also to issue and deliver full
paid shares Of stock of the said corpora
tion at not less than par value, in payment
of labor done or money or property actu-
ally received by the corporation.
fhe officers Of this corporation shall be a
president, vice president. secretary and
treasurer and the Offices Of secretary and
treasurer may be filled by one and the
same person.
This act Of incorporation may be modi-
fed. changed or amended or altered, or
the said corporation may be dissolved with
the assent Of tbree-fourths OF the stock
represented at a meeting called for the
purpose after ten (l0) days written notice
to each stakeholder of record.
ARTICLE VII.
Whenever this corporation is dissolved
either by limitation or otherwise, its
affairs shall be liquidated, and under the
supervision o. one ~ liqul a commits commits
blODeI, W 10 oPPvsAs~ ~ 80 fARoeo
from among the stockholders ct the cor
poration. ct general meeting called for
the purpose. convened after thirty (30)
DAYS published notice in one or more news
papers published in the town Of franklin,
IA. and written notice to each stakeholder
Of record, ten (101 days previous to such
meeting and the assent Of three-fourths Of
the stock Represented Ut such meeting; and
the compensation Of the said commissioner
shall be fixed at the meeting at which he
Is chosen. Any vacancy occurring from
any cause whatever shall be filed by 3
spscial l..eeting called after ten ll0) days.
written notice TO- each stockhOlder of
record, and the assent OF thre e-fourths Of
The stock represented At such meeting.