The St. Mary banner. (Franklin, Parish of St. Mary, La.) 1889-1931, 1912-05-18
CHA R T ER
OF THE
James Manning Company, Limited.
Uuited States of America,
State Of Louisiana,
Parrish Of ST. Mary.

Parish Of st. Mary,
Be it known: That on this 18th day OF
May, 1912, before me, Will I'M G. Baker, a
Notary Public duly qualified aud commits,
stoned in and for the Parish Of It. Mary and
State Of Louisiana, and in the presence OF
the witnesses hereinafter named and un-
designed, personally came and appeared
James Manning, Sr., James Manning, Jr.,
and Frank E. Manning, all residents OF the
Parish of St. Mary, Louisiana, who each
and all declared unto me Notary, that,
availIng themselves OF the laws or the
State of Louisiana relative to the fOrma,
ton Of corporations, they have covenant
ed and do hereby covenant, contract, bind
and obligate themselves, as well 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
stipulati0ns wit:
ARTICLEI.
The names and title OF this corporation
shall be the JAMES MANNING & SONS
LIMITED, and under its corporate name.
1t shall have and enjoy existence and sue.
cession for the full time and period Of
ninety mine 1897 years from date hereof;
and under its name, it shall have and
possess power and authority to contract,
sue and be sued; to obtain and use cor
at will; to acquire property, real personal
and mixed, corporal and incOrporeal by
any 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 by laws 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 cita-
tions 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 III.
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
by James Manning Il Sons, commercial
partnership domicied and doing business
at Morgan City, in this Parish, and which
is composed of James Manning, ST.,
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,.
liquors Of all descriptions soever, as we'll
rs dry goods, and, In fact, any and all ar
ticles or wares of mercantile nature.
and to do general mercantile business,
either wholesale or retail or both; TO ac-
Quire, have and operate branch stores or
saloons il it deems fit, and to engage in a
general jobbers business. And to carry
shall have power to receive and give Sc.
curity by way of mortgage, pledge or
otherwise; TO 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,
aud as may appear to its interest, and to
issue and receive securities in any form
known to the laws of Louisiana.
ARTICLE Nv.
The authorized capital stock of this cor
pOration is hereby fixed at the sum of
Nine Thousand ($9ONO.0O) Dollars, divided
into Ninety (9O) shares, of the par value
Of One Hundred ($lOO.OO) 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.
This corporation shall be authorized to
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 (ist) day of May for
the year Nineteen Hundred and Thirteen |
(19l3l, and on the same day Of the same
month each succeeding year thereafter;
should the day here fixed fall on Sun
day or legal holiday, then such election |
shall be held on some business day there's
after, to be determined upon by the Board
Of Directors, not to exceed Ten (10l days
from the date here fixed. Notice Of such
election. and the day and date upon which
1t shall be held as herein provided, shall
ration In writing, by letter addressed to
each stakeholder and mailed him through
the U. 8. Postoffice, addressed to the last
known place Of residence Of said stock
holders.
Each stakeholder shall be entitled to
One ~ vote for each share of stock by
him owned. which vote may be cast either
In person or by written proxy, and ma.
j0rity of all votes cast at such election,
shall constitute valid election. Failure
10 elect, or to hold said election as herein
shall not have the effect Of dis.
l0lving this Charter but the officers hold.
Ing Office shall continue in Office until
heir successors shall have been duly elect
I'd and qualified, subjsct to the conditional
With reference to notice, as herein specifi.