The weekly Iberian. (New Iberia, La.) 1894-1946, 1910-04-09
CHARTER OF THE
PLANTERS SUPPLY COMPANY
Limited.
d
CHARTER OF THE

! United States Of America,
! STAT of Loui siln,,
Parish of Iberia.
BE IT KNOWN: That on this 2stl,
day of the month ,oSs~k' February. in
tho year of our lord OnA thousand
nine hundred and ten, before me
Alfred Rcnoudct, q Notary Puolic
1 duly commissioned and Qualified
in and for the, PalS sh OF lbctia State
Of Louisiana, and il the prebence OF
the Rwitncssef h4rsinafterE named
and Iundersigtedf
Personally CAME and Appeared ;
Messrs. Frederick Decuir, Hon
ora Romero, Joseph Migucs. l.. J.
Gonsoulin, Joseph Norres, Ovec
Broussard, ID. ]. Broussard. Elodias
Romero, J. j. Braquet, Charles Du-
gas, and Charles Gary, who, each
and all, declared that awaiting
themselves of the laws of the State
Of Louisiana, relating to the or
ganization and formation of cor
porations, they have covenanted
and agreed, and they do by these
presents, covenant and agree to
bind and obligate themselves, as
well as such person or persons as
may hereafter Join or become asso-
ciated with them. into corpora
ton, limited. or body polite in law
for the objects and purposes and
under the agreements and stipula-
tons following, to wit
ARTICLE |.
The name and style of this cor
poration shall be: PLANTERS
SUPPLY CO., Limited. Its domi-
Gle is hereby fixed at the city of
New Iberia, in the Parish of Iberia.
State of Louisiana; it shall have
and enjoy succession for a period
OF Is years; it may have and use
corporate seal with such device as
may be selected Ivy its Board Of Di-
rcrtors, it shall have power to sue
and be sued in its corporate name:
to contract, have, to receive, hold
purchase, acquire, convey, ALLEVIATE,
mortgage, hypothecate, pledge,
and pawn property, both real and
personal. To employ, hire and to
secure the services of such persons,
agents, officers, managers direc-
tors and such other EMPLOYEES as
its interest and convenience may
require.
1t shall have power to adopt and
establish such bylaws, rules and
regulations as may be necessary
for the management of its affairs.
ARTICLE III.
The object and purposes of this
corporation shall be to carry on
the business of buying and selling
merchandise of all kinds, hardware,
tinware, crockery, glassware,
wooden and willow ware, saddlery,
stoves, agricultural implements and
general merchandise of whatsoey-
er description and kind they NAV
see fit; also buggies and carriages,
wagons, gasolene motors, etc.
ARTICLE III.
The capital stock of this corpora
ton is hereby fixed at Ten Thous-
and Dollars; divided into shares Old
One Hundred Dollars each, payable
in money or its equivalent in prop
erty, either real or personal as its
Board of Directors may decide
this capital stock raaay be increased |
to any amount within the limits
fixed by the law governing the for
nation and organization of cOrpor- |
atoms, limited and in the apprO-
priation of said additional capital
stock, the stockholders shall be en-
titled to acquire same in proper
ton OF the amount which each pos
5essed of the original stock.
ARTICLE ".
All transfers of stocks shall be |!
made on the books of this corpor-
alton by the stakeholder or his at
ARTICLE V. {
The corporate powers of this
shall be vested in and |
by Board Of Directors
of five Stockholders,
hree of whom shall constitute a
quorum for the transaction of bus
ness. They shall be annually e.
ected by ballot at the office of the
company under such form and re-
sulations as may be adopted on the
irst Monday in February of each
-ear. Each stakeholder voting,
'ither in person or by proxy, be-
ng entitled to one vote for each
hare of stock owned by him.
Said Board of Directors shall con-
niue in office until their success
RS shall have been elected and
Qualified, but no failure to elect
aid Board of Directors shall be
onsidered or interpreted as for
eiture or abandonment of this
ARTICLE vi,
One week after the election of
aid Board of Directors it shall
roceed to the election of a Presi-
ent and Vice President from a.
long the stockholders, and their
enure of office shall last one wear;
nd they shall exercise their office
ntil their successors shall have
cen elected and qualified.
ARTICLE VII.
The President shall be vested
it'll full and exclusive control Of
ne mercantile transactions or af-
airs of this corporationn to the
nd of which it was created; by
i'm shall all purchases, sales, and
Dntracts of said corporation be eff
scted; he, alone, shall draw and
on itg phprkc nOtno onI nh1:~o |