Lower coast gazette., 1910-08-27

hL4NED'
Be it known, That on this 9th day Of
August, in the year of our Lord, One
Thousand Nine Hundred and tenl9lO).
and of the independence of the United
States of America, the One Hundred
and Thirty-Fifth l35th), before me,
Ernest Albert, Clerk of The Twenty
Ninth Judicial District Court for the
of Plaquemines, and EX-Ot!clo,
Notary Public duly commissioned and
qualified, and in the presence of the
witnesses hereinafter undersigned, per
came and appeared, tie several
persons whose names are hereunto sub
who severally declared that,
availing themselves of the provisions
of the laws of the State relative to the
organization and formation of corpora
tons, they do by these presents, for
themselves, their associates, successors
and assigns, as we'll as for such other
persons who may hereafter become as
ISOLATED with them, form and organize
themselves into and constitute under
the laws of the State of Louisiana, a
corporation for the purpose, and under
the stipulations and agreements herein
after set forth and expressed, which
they do hereby adopt as their charter,
or articles of incorporation. to-wit:-
ARTICLE /.
The name and title of this corpora
ton shall be PELICAN MERCANTILE
COMPANY and under that corporate
name, it shall have and enjoy a corpor-
ate cX silence and succession tor the
term of Ninety-Nine years from ana
after the dat hereof; 70 contract, sue
and be sued: g make and use a cOrpor-
ate seal, ana the same to break or
change at pleasure; to holh in fee or
oths rwise, receive, hypothecate, pledge
and seil property, real and personal: to
issue stocks and bonds therefor; TO Dor
row money and to issue notes or bends
therefor; to name and appoint such
managers, directors, officers or agents
as the interest of said corporation may
require: to establish such bylaws, rules
and regulations for the proper manage
ment OF the affairs of this corporation
as may be necessary and proper, the
same to alter at pleasure, and gener-
ally, to do and perform all such acts as
may be proper and necessary to carry
out and execute the purposes OF this
corporation.
ARTICLE II.
The objects and purposes for which
this corporation is formed and the gen
eral nature of the business to be car
ried on by it are hereby declared anc
specified to be:
To buy and sell merchandise Of al
descriptions at both wholesale and re-
tail; to carry on the general business
of a country store, and to deal outright
or on commission in the products of the
industry of its patrons, and generally
with full power to DO each and every
thing incidental to said business or nee
cssarv to the accomplishment Of tht
objects and purposes herein stated a
fully az ii the same were set forth a
length herein.
ARTICLE III.
The domicile of this corporation shall
be in the town Of Buras, State of Lou
;siana. TIE President Of this corpora
tor, and IN his absence, the Secretar!
il designated as the officer upon whom
s~cryice of citation or other legal pro
cess shall be made.
ARTICLE ".
The capital stock of this corporation
ia hereby fixed at Ten Thousand Dollar
1910, 900. OG), divided into One HUNDRED
0OO) Shares of a par value of On
Hundred ($lOo.oO Dollars each, which
shares shall be paid for in cash at sue
times, and in such amounts as tn
Board of Directors may determine an
full paid stock may be issued at no les
than par By the Board of Directors
payment of property or things Of va!u
received or purchased by said corpora
ton, or for labor done or money az
tuaIiy received.
The corporation may commence tn
transaction Of business under its col
porate name as soon as Three ThouSan
(s3, 900. O) Dollars of its capital stoc
shall have been subscribed for. Ce,
tihcates of stock fully paid an
worcestershire shall be issued to eac
subscriber to the amount paid by hi
therefor.
No stakeholder shall have the rigl
of selling any of the shares held by hi
, without first having offered the san
I in writing to the other stockholders {
. proportion to their respective holdings
through the Board Of Directors. al
said stockholders shall have the priv
=, lege of purchasing said shares with
ten days thereafter. for cash. at the
book value, according TO the last rr
J cocri!v '@:entory. ~ cer'i.I.asf