The St. Mary banner. (Franklin, Parish of St. Mary, La.) 1889-1931, 1912-06-01
CHA r ! (
OF THE
James Manning Company, Limited.
Uuited States of America,
State Of Louisiana,
Parrish ~ 81 Nary

state OF Louisiana.
Parish Of St. Mary,
Be it known: That on this i III day OF
NAV, 1912, before me. Will m G. Baker.
Notary Public duly qualified aud comml-,
stoned in and for the Parish Of 81. Mary and
State Of Louisiana, and in the presence OF
the witnesses hereinafter named and un.
designed, personally came and appeared:
James Manning, ST., James Manning, Jrr
and Frank e. Manning, all residents OK the
Parish OF ST. Mary, LOUISIANA, who oAch
and all declared unto me Notary. that,
availlng themselves Of the laws OF the
State Of Louisiana relative to the fornias
ton of corporations, they have covenant
ed and do hereby covenant, contract, blnu
and obligate themselves, a well AS All
other persons who may hereafter become
associated with them. into a Corporation
or Body Polite in law. under the name,
stvle and title. for the objects and pur.
poses and subject to the conditions ana
stipulations to wit:
ARTICLE |.
The names and title Of this corporation
shall be the JAMES MANNING X SONS
LIMITED, and under its corporate name,
II shall have and enjoy existence and sue
cession for the full time and period OF
ninety-nine (99) years from date hereol;
and under its name, ii shall have ana
possess power and authority 70 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, corporeal and lncorporeal by
xpv 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 hcers and directors AS
this CORPORATION may deem to its interest,
and to employ and discharge such SER
wants and employees as 1t may deem pro-
per or to its interest, and to nix the salaries
af;t off nj a
of any class soever, to make and establish
such y.iaws and regulations as may be
deemed proper or eXpedient for the pro-
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 domicle 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 Secre-
tary.
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 a. sons, commercial
partnership domiciled 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 IA
mercantile nature, including groceries,
hardware, furniture, wines and other
LIQUORS of all descriptions soever, as well
rs dry goods, and, in fact, any and all ar
ticles or wares of a mercantile nature,
and to do general mercantile business,
either wholesale or retail or both; TO ac-
ouire, have and operate branch stores or
saloons il 1t deems fit, 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; 60 loan or borrow money, and
to issue or receive notes or other eviden
ccs OF debt, and to issue or receive notes,
bonds, or other obligations generally,
and as may appear to It's 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 tS9.0oO.OO) Dollars, divided
into Ninety (90) shares, of the par value
OF One Hundred ($l0O.0O) each, All stock
issued shall be paid for either in cash. or
its equivalent IN property or labor. de-
liyered 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 stock holders, two Of whom shall |
any OF its business; this Board shall be
elected on the First usU day Of May for
the year Nineteen Hundred and Thirteen
(l9l3), 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
of Directors, not to exceed Ten (l0) days
from the date here fixed. Notice Of such
election, and the day and date upon which
It shall be held as herein provided, shall
be given by the Secretary of this corpo>
ration in writing, by letter addressed to
each stakeholder and mailed him through
the u. s. 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 a valid election. Failure
10 elect, or to hold said election as herein
provided, shall not have the effect of dis
solving this Charter but the officers hold.
ing Office shall continue in office until l.
heir successors shall have been duly elect
I'd and qualified, subject to the conditions
With reference to notice, as herein specifi.
d.
Any vacancies occurring in the Board Of Z
Directors shall be filed by the selection of
stakeholder, by the remaining board of