The St. Mary banner. (Franklin, Parish of St. Mary, La.) 1889-1931, 1912-06-08
CHA r T E z
OF THE-
James Manning Company, Limited.
Uuited States of America,
State of Louisiana.


stoned i'm and for the Parish OF II. Mary ana
State Of Louisiana. and in the presence OF
the witnesses hereinafter named ana un-
der-igned, personally came and appeared .
James Manning, ST., James Manning. Jr.,
and Frank f.. Manning, all residents OF the
Parish OF st. Mary, Louisiana, VINO each
and all declared unto me Notary, tnat'
ayaillng themselves Of the laws OF the
state of Louisiana relative to the forma-
ton OF corporations, they have covenant
ed and do hereby covenant. contract, blnd
and obligate themselves, as we'll as all
other persons who may hereafter become
associated with them. into Corporation
or Body Polite in law. under the name,
style and title. for the objects and pur-
poses and subject to the conditions and
stipulations tO-wit:
ARTICLE
The name, and title Of this corporation
shall be the JAMES MANNING Il SONS
LIMITED, and under its corporate name.
it shall have and enjoy existence and sue
cession for the full time and period OF
ninety-nine 1897 years from date hereo1 !;
and under its name, it shall have and
possess power and authority TO contract,
sue and be sued: to obtain and use cor
porate seal. and the same to alter or break
at will; to acquire property, real personal
and mixed, corporal and incorporeal by
apy title known to the laws OF this State.
and the same to sell, mortgage, pledge or
otherwise dispose OF or incumber; to elect
or appoint such officers and directors as
this corporation may deem to its interest,
and to employ and discharge such SER
wants and employees as it may deem pro-
per or to its interest, and to fix the salaries
or compensation of its officers or employees,
Of any class soever, to make and establish
such bylaws and regulations as may be
deemed proper or eXpedient for the pros
per conduct and management OF its affairs.
and the same to change. alter or annul
when to its interest so to do.
ARTICLE III.
The domicile Of this corporation shall
be at Morgan City. in the Parish of st.
Mary, Louisiana, at which place all cta-
lions or other legal process shall be served
upon its President, or, in his absence up
on its Vice President. or, in the absence
of both such officers, then upon its Scores
tary.
ARTICLE LII.
The objects and purposes for which this
corporation is organized, and the nature
of the business to be carried on by 1t, are
declared to be:
To purchase and acquire the stock in
trade. good will and general mercantile
business presently owned and carried on
by James Manning Il Sons, commercial
partnership domicied and doing business
at Morgan City, in this Parish, and which
James Manning, Jr and Frank E. Man.
ming; and to buy. sell and exchange any
and all manner of goods and wares Of
mercantile nature, including groceries,
hardware, furniture, wines and other
liquors Of all descriptions soever, as well
as dry goods, and, IN fact, any and all ar.
ticles or wares of a mercantile nature,
md to do general mercantile business,
either wholesale or retail or both; to ac-
quire, have and operate branch stores or
saloons if it deems tit, and to engage in a
general jobbers business. And to carry
out the purposes of this corporation, it
shall have power to receive and give Sc.
curity by way OF mortgage, pledge or
otherwise; 10 loan or borrow money, and
to issue or receive notes or other eviden-
ces Of debt, and to issue or receive notes,
bonds, or other obligations generally,
and as may appear to its interest, and to
issue and receive securities in any form
known to the laws Of Louisiana.
ARTICLE w.
The authorized capital stock of this cor
poratiOn Is hereby fixed at the sum of
Nine Thousand ($9.0nO.0O) Dollars, divided
into Ninety (9Ol shares, of the par value
Of One Hundred (Sl0O.0O) each. All stock
issued shall be paid for either in cash. or
its equivalent IN property or labor. de-
livered or performed at the time of the is
suance of said stock.
Ills sudlI Dc authorized 10
commence business as soon as twO.thirds !
of its capital stock shall have been paid |
for and issued.
ARTICLEV.
The corporate powers of this cOrpor.
alton shall be vested in, and exercised by |
q Board of Directors, composed of three
Of its stockholders. two Of whom shall
constitute quorum for the transaction of
any of its business; this Board shall be
elected on the First (lst) day of May for
The year Nineteen Hundred and Thirteen
1919, and on the same day Of the same
month each succeeding year thereafter:
Ihould the day here fixed fall on Sun
lay or legal holiday, then such election
hall be held on some business day there's
II Directors, not to exceed Ten QO) days
rom the date here fixed. Notice Of such
lection. and the day and date upon which
{ shall be held as herein provided, shall
&c given by the Secretary Of this corpo>
alton in writing, by letter addressed to
ach stakeholder and mailed him through
he U. s. Postoffice, addressed to the last {
nown place OF residence of said stock 4
olaers. /,
~ stockholder shall be entitled to :,
ned vote for each share of stock by
which vote may be cast either :
person or by written proxy, and ma !
,rity Of all votes cast at such election, e
hall constitute valid election. Failure
, elect, or to hold said election as herein
rovided, shall not'have the effect of dis. !;
living this Charter but the officers hold
Il Office shall continue in office until :
leir successors shall have been duly elect. Z
l and qualified, tubject to the conditions 8
18th reference to notice, as herein specifi. q
|. n
Any vacancies occurring in the Board OF I
irectors shall be filed by the selection of =,
by the remaining board of q
rectors, until the regular election shall 81
we been held. b
ARTICLE vi. 81
The officers Of this corporation shall con. OF
st of President, a Vice. President, il
cretary and Treasurer; but the posi- ~
IN of Secretary and Treasurer may be r
Id by one and the same person. The ~
,ard Of Directors shall have the right to b
lploy such agents, clerks. servants and
lployes as 1t nay deem fit, and it may
NIL roy ma n nI