St. Landry clarion. (Opelousas, La.) 1890-1921, 1912-11-30
Article +

sIks ind conditions folIoWfHs ts-N1s'
ARTICLE I.
The name and title of the said torPor-
alton shall be aDore d RichaS<s y 19.'
Ltd and its donaicile is hereby ssh
lished in the Town of Leonville, "a
of st. Landry, State of Louisiana; GRs
under its corporate name, said corpora
ton shall have power and authority to
contract, sue and be sued to make and
use incorporate 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 it's corpor-
ate name, property, real, personal and
mixed : to name and appoint such of
Geerss directors, agents and managers,
or employees, as the interest or con-
yenience OF said corporation may re-
quire; to make and establish bylaws,
rules and regulations for the proper
management and regulation OF It's
affairs, as may pc deemed necessary
and proper, and the same to change and
alter at pleasure; and to do all other
acts and things permitted by law, or
as shall or may be necessary and
proper to carry out the objects andpur-
poses of said corporation.
Said corporation, unless sooner dis
solved, in accordance with It's Charter,
shall exist and continue for the period
Of Twento-iye years from and after sne
| 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 sle
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 and operate branch
/ stores in aid of its merchandising busl-
ness to lease, or buy, or hulldi aua 20
own and maintain such stores. houses
or buildings as may be deemed neces-
sary or advantageous in carrying on
the business of the corporation.
ARTICLE III.
The ea0itsI stock of the said corpora
ton shall be Ten Thousand and No l0o
ISI00d0l Dollars, divided into and rep
resented By One Hundred fS1001 Shares
Of the sum of One Hundred and No 100
f$IGOl Dollars each, which said stock
shall be paid for in cash or its equiva-
lent at the time of its subscription, or
I before its issue.
Any stakeholder may sell, OF trausfer
his stock i n this corporation, provided
thirty 1907 days prior notice OF such
intention to sell, assign or transfer the
same be given the company, and the
stockholders thereof shall nave the
first privilege of purchasing same, after
which thirty days. notice the said stock
may be sold in open market
me stock OF said corporation may be
transferred under the above conditions,
provided such transfer thereof be made
on the books of said company, at IGs
Office, and surrender of the certificate
therefor.
This corporation shall rave the right
to commence doing business as soon as
Eight Thousand and No-I00 (S,000l Dol
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 powers of this com
pany shall be vested in and exercised
BY a board of three or more directors
out of which. a president, 3 vice pfesi-
dent, and q secretary and treasurer
shall be elected, the secretary and
treasurer may be one aud the same per
son.
Two of said board shall constitute q
quorum for the ~transactiannf business,
and their decisions shai 50 valid cor
porate acts.
The foIfwing persons s441II constitute
the first Board of Directors: A. B. Dore;
DR.. g. Richard, Mrs. A. b. Dore, Mrs. q,
Richard, with A. b. DoTe as President,
Dir. g. Richard as Vice President, Mrs.
&. Richard rs secretary, and MRS. A. Is.
Dore as Treasurer.
No person shall be eligible as director
or an officer who Is not q stakeholder OF
this Company.
said board shall continue in office I'M
til the second Monday in the mon of
January, 1918, Tor until their successors
shall have been electedl on which day
and thereafter annually, q Board OF
Dirsctors shall be elected, unless the
same should be d holiday, when the
election shall be held on the ne1t legal
day thereafter. Notice OF, such election
shall be given by at least ten (l0l days
prior to the date thereof by publication
IN any newspaper pubt1shed 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.
At every election and meeting eac!l
stakeholder shall be entitled to vote for
each share of stock registered in MS
name, and may vote by proxy
After each election the Board of Di
~reetors shall elect from their own num-
Der the officersof said company.
ARTICLE v.
The board of directors shall have full
power to fill vacancies in their number
caused by death, resignation or other
wise, from among the stockholders Of
| the corporation.
The said board shall have full control
on this company, and shall &C conduct,
manage, anu USE the same as III theIr
discretion they may deem fit, and that
is consistent with the objects OF this
leompsny, or the welfare or the same.
The said Boaru shaif 4iso have the
rigft to appoint agents employers, ses
wants and clerks a. it MA deem neces-
sary for the conducting OF the business
of he company, fix their eompea
term of service. with the right 70 dis
miss them at the said Boards pleasure,
and the said Board shall have right to
fx and determine the salaries Of the
several officers herein PROVIDED fo4.
ARTICLE VI.