The Era-leader. [volume] (Franklinton, La.) 1910-current, 1911-09-14
Charter of the
MeCreary Mercantile Company

Parish OF Washington.
Be it known and remembered that
before me, Magee W. OFT, Notary
Public, in and for Washington Parish,
Louisiana, duly qualified, personally
came and appeared the undersigned,
: who declared to me, said Notary, that,
avaihng themselves of the laws of the
State of Louisiana, relative to the
organization of corporations, they do
by these presents, form themselves
into a body corporate.
ARTICLE /.
The name of this corporation shall
be "J'HE McCREARY MERCANTILE
COMPANY, "and shall have existence
and enjoy succession for a period Of
Ninety nine years.
ARTICLE II,
The Don,icile Of this corporation
shall be at Franklinton, Washington
Parish, Louisiana, where all legal
processes shall be served in the
manner provided by law.
ARTICLE III.
The object and purpose for which
this corporation is formed and estab-
lished, are declared to be: To conduct
and carry on general mercantile
business, and to have and enjoy all
privileges, powers and authority,
necessary and incidental to the sue
cessful conduct of its affairs.
ARTICLE w.
The capital stock of this corporation
shall be Five Thousand $4,000 Dollars
divided into and represented by one
Hundred shares Of stock at a par value
OF Fifty $3.50 Dollars per share each.
Said stock shall be paid for in cash at
the time Of subscription, or may be
issued in exchange for property.
ARTICLE V.
The corporate powers of this cor.
poration shall be vested in Board of
Directors, composed OF Three stock
holders, and the officers of this cor
poradon shall consist Of a President.
Vice President and Secretary and
Treasurer, and one Director shall be
entitled to hold both the Office of
Secretary and Treasurer. The manner
Of electing the Directors and officers,
- well q the time of holding said
elections Is declared to be as follows:
Notice Of the election shall be given |
by mail to each stakeholder ten days
prior to the election, and the Board of
Directors shall appoint one of their
number to preside at said election.
The election shall be by ballot and
each stockholder shall be entitled to
one vote for each share of stock held
BY MIN and registered in his name;
provided that each stockholder may
vote by proxy, given in writing. The
Board OF Directors shall elect from
among their number, the officers.
The first election of the Board of
Directors held under this charter.
.hall g held on tie first Tuesday of
3shhafy, 1912 and annually thereafter,
md until the first Board Of Directors
lhall have been elected and qualified,
Ne Board Of Directors shall be COM
posed of Louis Danziger, E. r.
McCreagy and D. H. McCreary of .
whom Louis Danziger shall be Presi-
lent, 4.R. McCseary, Vice President,
md 2. p. McCreary, Secretary ana
Treasurer.
ARTICLE vi. :.
The Board Of Directors shall have
power to Gil all vacancies in their
lumber. caused by death, resignation
,rotherwise.
ARTICLE VII.
This charter may be amended or the 4
'apital stock increased or decreased, .
= the corporation may be Dissolved at +
general meeting Of the stockholders 4
for that purpose, with the y
esent Of three fourths OF the stock =
resent or represented at such meet
Ag thirty days prior notice of which \,
. g given by publication in weekly ;;
ewspapef published in Washington !,
IRISH. Louisiana, and . written notice
hefeof mailed to each stakeholder at