Tensas gazette. [volume] (St. Joseph, La.) 1886-current, 1910-04-01
ACT OF INCORPORATION
or THE
cULLEY GROCERY COMPANY, Lid
STATE OF LOUISIANA,
PARISH OF TENsAs.

vi tlilS lllC siii taN vi -ioiNhf i'AN1 w
fore me, r. F. Newell, deputy clerk of
the Tenth Judicial District Court in and
for the Parish of Tensas, and State of
Louisiana, and eX-ofiicio Notary Public,
duly commissioned and qualified, and i'll
the presence of the undersigned compe-
tent witnesses, personally came and APP
pcared the several persons, whose names
are hereto subscribed, and declared that,
availing themselves of the provisions OF
the law of the State of Louisiana i'll such
cases made and provided, they hereby
contract and agree, and by these presents
do bind themselves and such persons as
may hereafter become associated with
them, to form and constitute corpor;
ton and body polite in law, for the pur-
poses and objects, and under the agree
ments and stipulations following, to-wit:
ARTICLEI /.
The name and style of this corporation
shall be "GULLEY GROCERY CO.,
LIMITED" and by said name the said cor
poration shall exist and enjoy succession
for the full term of Ninety-nine (9)
years from this date.
ARTICLE III.
The objects and purposes for which
this corporation is formed, and the nature
of the business to be carried on by 1t, are
declared to be: To sell and buy, at retail
or wholesale, all such general articles and
merchandise as are ordinarily and gen.
orally carried in wholesale grocery and
produce business; also to buy or sell
groceries and articles of produce, such
as cotton, grain, hay and the like,
hnt
and to that end said corporation shall
have power to contract, sue and be
sued in its corporate name, to make and
use a corporate seal, to hold, receive,
purchase, convey, and lease under Its
corporate name, property both real and
personal, to borrow money, to incur liza
bility, and 10 represent the same by issu'
ing promissory notes, and to secure pay
ment thereof by mortgaging, efiecting
and hypothecating all or any part OF it
immovable property, or by pled2ing such
of its property as..may be suggested there
to; to name and appoint such managers
directors, and officers as its convenience
or interest may require; to make and es
tablish such bylaws for the proper man
agement and regulation OF the affairs O
said corporation as may be necessary anc
proper, and generally to do such othel
things as are lawful for corporations t.
do under the constitution or laws nov
existing, or which may hereafter be en-
acted
ARTICLE III.
TIE domicile OF this corporation shall
be in the Town of st. Joseph, Parish o
Tensas, and State of Louisiana.
ARTICLE ".
The capital stock of this corporation il
hereby fixed at the sum of FlFTEEN
THOUSAND DOLLARS, (Sl5, 100000
divided into one hundred and fifty share
of One Hundred Dollars each, and this cor
poration shall commence business as sool
as eighty shares of the capital stock shal
have been subscribed and paid i'll, pay
ment for the shares OF stock TO he mad
at the time they are subscribed for. Al
transfers of stock in this corporation shal
be made on the books of the corporation
by the stock holder himself, or by th
agent in fact of said stakeholder, dull
authorized thereto in writing.
ARTICLE V.
The officers Of this corportion shall b.
a President, a Vice President, Secretary
and Treasurer, but the same pcrsol
may be elected to fill the offices of Secre
tary and Treasurer.
Citation and all legal process shall b.
served on the President, or, in case q
his absence or inability to act, on tn
Vice President, or, in the case of the alb
scnce or inability to act of both, upol
the Secretary of the corporation.
The Board of Directors hereinafter pro
vided for shall have power to appoin
such other agents, employees, and ser
wants of the corporation az shall be neces
Sary for the business Of the corporation
ARTICLE VI.
i All the corporate powers of this cOrpor
alton shall be vested in and exercised b.
a Board of Directors, consisting of tiv
menbers, who shall be stockholders il
said corporation, majority OF whom
shall constitute quorum Tor the trans
action of all business. They shall elec
from their number Il President, Vic
President, and Secretary and Treasurer
who shall hold office for one year, or TN
til their successors are elected; they shall
fill all vacancies which may occur in sal,
Board of Directors from death, resigna
ton or other causes; they shall make al
bylaws, rules and regulations, etc, 70
the government of the business and al
fairs of the corporation, and may alter
amend, or change the same at their pleas
ure; make all contracts, hire and dis
charge all agents, employees and ser
wants, fix all salaries, and generally d.
and perform all things necessary for tn
transaction of the business of the corpor
alton.
The first Board of Directors shall con
sist of X. III. Whitney, f.. l.. Gulley, \
b. Hunter, F. l.. Guthrie and ii. VI
Marks, with II. ii. Whitney as Presi
dent; y. 3. Hunter as Vice Presi
dent, and f. l.. Gulley a. Secretary an,
Treasurer of said corporation, and Boar,
of Directors and said officers shall hol
their offices until LIST Monday in March
1911, or until their successors shall hav
been duly qualified and indicted int
office.
On the LIST Monday in March, and an
nually thereafter on the said first Monda
IN March, an election for Directors shal
be held at the office OF the said corpora
ton in the Town of Saint Joseph, unde
the supervision of two commissioners +
be appointed by the President, and tn
Directors so chosen shall immediatel
take their seats and hold the same unit
their successors shall have been electe,
and qualified.
All corporate elections shall be held b.
ballot, and majority of the stock pres
ent or represented by proxy shall elect
and each share of stock shall be entitle,
to one vote, either in person or by prox,