St. Landry clarion. (Opelousas, La.) 1890-1921, 1912-11-16

State Of Louisiana,
Parish of St. Landry.

f9I&b5 Oh LOAISIduds
Parish of St. Landry.
Be it known, That before me, the nm
dersigned authority, personally came
and appeared the parties whose names
are heTeunto subscribed, all of full
and duly authorized, who declared that:
~ayailing themselves of the provisions
of the laws of this State, relative to
corporations, and especially Of Act. No.
IS of 1883 of the General Assembly of
Louisiana, and subsequent amend
ments thereto, they rave eovenanted
agreed, and by these presents covenant
and agree, and bind themselves, as well
as such other persons as may hereafter
I become associated with them, to form
and constitute d corporation ana body
poIitIc IN law, for the purposes and OBJ
| iects. and under the stfpulations, arti-
eles and conditions following, to-wit:
ARTICLE T.
The name and title of the said D
alton shall he "Dere Il Richard IL Co,
Ltd and its domicile is hereby estab-
lfshed in the Town of Leonyille. Parish
of st. Landry, State of Louisiana; and
under It's corporate name, said corpora
ton shall have power and authority to
contract, sue and be sued to make and
use a corporate seal, and the same to
break and alter at pleasure; to hold, re-
ceive, have, purchase. improve alien
ate, convey, sell, borrow, pledge, mort
gage and hypothecate, under itsscorppr-
ate name, property, real, personal aud
mixed: to name and appoint such Of
hcers, directors, agents and managers,
or employees, as the interest or CON
venience of said corporation may re-
quIre to make and establish bylaws,
rules and regulations for the proper
management and regulation of its
affairs. as may be deemed necessary
and proper, and the same TO change and
alter at pleasure: and to do ali other
acts and things permitted by law, OF
as shall or may be necessary and
proper to carry the objects and pur-
poses of said corporation.
Said corporation, unless sooner dis
solved, in accordance with its charter
shall exist and continue for the period
OF Fwento-fve years from and after the
date hereof.
The President, or in his absence the
Vice President, shall be the proper per-
son upon whom citation or other legal
process shall be served.
ARTICLE II.
The objects and purposes for which
this corporation is organized, and .ae
nature of the business to be carried on
by it. are declared to be the following,
to-wit:
General merchandise business; to es-
tablish, maintain n operate branch
stores in aid of its merchandising bust
ness: to lease, or buy, of build, and 10
own and maintain such stores. houses,
or buildings as may be deemed neces-
sary or advantageous in carrying Dl
the business of the corporation.
ARTICLE III.
The capital stock of the said corpora
ton shall be Ten Thousand and No IOO
($IN,0g01 Dollars, divided into and rep
resented by One Hundred (Sl001 shares
of the sum of One Hundred and No 100
($f0G) Dollars each, which said stock
shall be paid for in cash or its equiva-
lent at the time of its subscription, or
before its issue.
Any stoekholder may sell, or transfer
his stock in this corporation, provided
thirty (30l days prior notice of such
intention to sell, assign or transfer the
same be given the company, and the
stockholders thereof shall have tile
first privilege of purchasing same after
which thirty days notice the said stool
may be solt in open market.
The stock of said corporation may be
transferred under the above conditions.
provided such transfer thereof be made
on the books of said company, ut It's
office, and surrender of the certificate
therefor.
This corporation shall have tile right
to commence doing business as soon a.
Eight Thousand aud No-l00 (S,WHf DO
lars Of the capital stock shall have been
subscribed for.
The board of Directors shall have the
right to determine how much stock
shall be issued.
ARTICLE ".
The corporate powers of this euin-
pany shall be vested IN and exercised
hp "a h1Ar H Of hFaaM or EnlfNJf1= HtGanfHFlZ L
out Of which, u president, d vice presi
dent, and u secretary aud treasurer
shalt be elected, the secretary and
treasurer may be n and the same per-
son.
two of said board shall constitute q
quorum for the transaction ~ business,
and their decisions shat .c valid cor
porate acts.
The folIWlng persons s.la1I constitute
the first Board of Directors: a. b. Dore,
DR.. G.. Richard, Mrs. A. B. Dore, Mrs. &
Richard, with A. B. bore as President,
DR.. &. Richard as Vice Presl lent, Mrs.
q. Richard as Secretary and Mrs. A. b.
bore as Treasurer.
No person shall be eligible as director
or an otiieer who is hot d stakeholder of
this cU4l435An,
Said board shall continue in Office I'M
til the seeond Monday III the month Of
January, 1919, tor until their successors
@u64A EARO JlEAE GAICECN O4 HnItu ia +
and thereafter annually, a Board oil
Dirscturs shall be elected, unless the
same should be IL holiday, when the
election shall be held on the next legal
day thereafter. Notice of such election
shall be given by at least ten (10) days
prior TO the date thereof by publication
IN any newspaper published in the par
ish OF ST. Landry. ANY failure from
any cause whatever to elect Directors
the day named for that purpose shall
not dissolve the corporation, but the
Directors then in office, as we'll as the
officers of said company shall hold over
until their successors are chosen.
AL every election and MEETING each
stockaoIder shalt be entitled TO vote for
each share Of stock registered IN his
naIle, aud may vote by prox.t
After each election the Board of DI
reetors shall elect from Tileir own mum
Der the officers OF said company
ARTICLE V.
The board Of directors shall have full
power to till vacancies III tletr number
caused by death, r-eslslatIoil or other
wise, from AMONG the stockholders Of
the eurporatIon.
The aid neard shall ave full c1utr1l
this eompaab, :tld shall 81 Conduct,
manage, anu Use the SAME a. in hei4
discretion they may lie III lit. ant that
Is consistent with the objects of this
- mar q. or the UaIfaPt4 tI tb44 anna