St. Landry clarion. (Opelousas, La.) 1890-1921, 1913-02-01
CHARTER
THE FARMERS UNION MERCAN-
TILE COMPANY, LIMITED,
PLAISANCE, LOUISIANA.

TILE COMPANY, LIMITED,
PLAISANCE, LOUISIANA.
STATE OF LOUISIANA,
PARISH OF ST. LANDRY.
BE TT KNOWN. That on this FOUR
TENTH day of the month OF January
in the year Of our Lord, One Thousand
Nine Hundred and Thirteen, before me,
JOHN H. HARMANSON, a Notary Pub
lie, duly commissioned, qualified n
sworn, in and for the parish and state
above-written, and in the presence OF
the hereinafter named and undersigned
witnesses , personally came and ap-.
peared:
Messrs. DiomelA. Durio, John B. Jou-
bert, Benjamin S. Joubert, Paul Jou
bert, Benjamin Lee Joubert, Robert
Vigie and Charles Lawrence Pitre, all
residents of st. Landry Parish, La,
who severally declared, that availing
themselves of the provisions OF the
laws of the State OF Louisiana, relative
to the organization Of corporations,
they have formed and organized, and
by these presents, do form and organ
ize the mselves into a corporation, Tor
the objects and purposes, and under
the stipulations and agreements here
matter set forth, which they adopt as
their charter. to-wit:
ARTICLE /.
The name and style of this corpora
ton shall be sa'THE FARMERS UNION
MERCANTILE COMPANY, LIMITED"
It shall have its domicile in the town of
Plaisance, La, and under said eorpor-
ate name, said corporation shall have
power and authority to contract, u
and be sued, to purchase and sell real
| estate, to build and conduct ware
houses, to mortgage and hypothecate,
to make, have and use a corporate seal,
and the same to break, alter or amend
at pleasure, to hold, receive, lease,
purchase, improve, ALLEVIATE, convey,
pledge, mortgage and hypothecate, UNI
der its corporate name, property real,
personal and mixed, to name and ap-
point such officers, directors, agents
and managers, or employees, as the
interest and convenience of said cor
poration may require, for the proper
management and regulation OF its
affairs, as it may deem necessary and
proper, and the same to change and
alter at pleasure. And to do all other
acts and things as are, or as may be,
necessary and proper, to carry out the
objects and purposes Of said corpora
ton, and said corporation unless sooner
dissolved in accordance with its charter,
shall exist and continue for and during
the period of ninety-nine years from
the date hereof.
ARTICLE II.
The objects and purposes for which
this corporation Is organized and the
nature of the business to be conducted
and carried on by it, are hereby de-
clared to be, to conduct and transact
in the town of Plaisance, in st. Landry,
Parish, Louisiana, a general mercan-
tile or merchandise business, to buy
and sell dry goods, notions, clothing,
hats, boots and shoes, groceries, hard
ware, buggies, wagons; implements,
and generally all articles of merchan-
disc usually bought and sold, as also
to purchase and sell real estate, to
build, own and operate warehouses,
and to buy and sell cotton, rice, and
other products of the country.
ARTICLE III.
The capital stock Of this corporation
is hereby fixed at the sum Of FIVE
THOUSAND ($5, 10000! DOLLARS, to to
be divided into TWO HUNDRED
$500 DOLLARS each, which said
shares shall be paid for In such manner
and on such terms as may be pre-
scribed by the board of directors, pro-
yided, however, that this corporation
may organize and commence business
after not less than THIRTY-FIVE
HUNDRED ($3500.00( DOLLARS In
shares OF said capital stock shall have
been bone fide subscribed for.
Transfers of stock shall only be made
on the books of the Company by a
stakeholder, in person or by proxy,
by any stakeholder unless the said
stock Shall have been first offered for
sale to the other stockholders, at the
same price offered unto others, through
written notice served on the President
failure or neglect of the other stock
holders to avail themselves within ten
days, of such right of purchase, shall
such stock become transferable. No
certificate shall be issued except for
fully paid up stock.
ARTICLE ".
The business OF this corporation shall
be managed by, and all its corporate
powers shall be vested in a board of
directors, composed of five ~ stock
holders to be elected annually on the
first Monday of May of each year. At
their first meeting in each year said
board shall elect one of their members
as President, another as Vice-President.
The said Board shall also at their first
meeting in each year elect or appoint
Manager and a Secretary, and fix
their salaries, both of whom shall hold
office only during the p leasure