The St. Mary banner. (Franklin, Parish of St. Mary, La.) 1889-1931, 1909-02-13
CHI A RI T. r
OF THE
CentreyiIIe Mercantile Co..
LIMITED.
STATE OF LOUISIANA.


January. nineteen hundred and nine. be
fore me. Isaac S. Wooster. a Notary Pub
lie, in and for the Parish of st. Mary
State of Louisiana. duly commissioned
and qualified, and i'll the presence of the
witnesses hereinafter named and under
| signed. personally came aud appeared the
several persons " hose names are hereunto
subscribed, who severally declare that,
availing themselves of the laws of the
state of LO IiSiana. in such cases made and
provided, particularly Act No. IS of The
General Assembly of this State of the >es-
sion of 1904, approved July ith, 1904. they
have contracted and agreed. and do by
| those presents covenant and agree and
| bind themselves, as well As such persons
as may hereafter become associated with
them. to form and constitute a corporation
for the objects and purposes, and under
the articles and stipulations, to-wit:
| ARTICLE l.
| The name of the said corporation shall
be, "CENTREVILLE MERCANTILE
| COMPANI, 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
years 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
mortgage and hypothecate property reaE
person ii and mixed, to name and appoint
such managers, agents, directors and otii
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.
Mary, 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 absence 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.
NOR tgage. ALLEVIATE, 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, and 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 (S15.O00) !
dollars. divided into three 5000 'hundred |
shares of fifty (S50.O0) dollars each. The |
capital stock aforesaid may be increased |
by vote Of the stockholders owning ma |
jority of all the stock of the said corpor
alton at 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
Of the stock of the said corporation shall
be accredited as the owner thereof. unless
the contrary should appear, and shall be
paid for before issued. stock shall be
paid for as called for by the board of di
rectOrS.
ARTICLE V.
All the powers of this corporation shall
De ves.ed in and exercised by board OF
directors to he composed of five stock
holders. to be selected annually on the
bird w edneSday in January in each yeaf.
,eginning on Wednesday, January 10Th,
$40. All such elections to be by ballot,
md each stakeholder shall he entitled tot
me vote for each share o. stock standing
n bis or her name on the books OF the said
to be cast In person or by
proxy, and majority shall elect, and of
which election ten Q0) days notice shall
lave been given in one or more news
papers published in the town of Franklin,
Ia. and by written notice to each stock
holder of record, tie full days previous to
uch election. The board Of directors
hall make and establish, as well as alter
md amend, any and all bylaws, rules and
equations. necessary for the support ard
of the business and affairs OF
he corporation, and have full power and
authority to borrow money, execute mort
,agSs. and also to is>ue and deliver full
,aid shares OF stock of the said corpora
iori at not less than par value, in payment
# labor done or money or property actu-
ll9 received by the corporation.
The officers of this corporation shall be
,hsident, president, secretary and
hasurer. and the offices of secretary and
feasurer may be filled by one and the
anne person.
This act of incorporation may be modi-
led, changed Or amended or altered, or I
he said corporation may be dissolved with
he assent of three-fOurths of the stock
epresented at a meeting called for the
purpose after ten (10) days written notice
O each stakeholder of record.
ARTICLE VII.
Whenever this corporation is dissolved
ither by limitation or otherwise, its
Lffairs shall be liquida1ed, and under the
supervision of one ID liquidatlng commits
Toner, to be appointed for the purpose
rom among the stockholders Ct the cor
,oration. at a general meeting called for
he purpose, convened after thirty 500
laws published notice in one or more news
papers published in the town of Franklin,
a., ana written notice to each stakeholder
# record, ten u0) days previous to such
Meeting and the assent of three -fourths of
he stock represented at such meeting; and ,
he compensation of the said commir sioner
hall be fixed at the meeting at which he
S chosen. Any vacancy occurring frou
INV cause whatever shall be filled by a
special meeting called after ten tl0j days
Written notice to each stakeholder of i
,ecord, and the assent of three-foulths Of ,
tod ouch laaatiun