The Donaldsonville chief. [volume] (Donaldsonville, La.) 1871-current, 1913-04-19

sFFtRS & SSt7hA rata
State of Louisiana-Parish of Orleans
City of New Orleans.
DE IT KNOWN, that on this, the
D 31st day OF the month Of March,
in the year of our Lord one thousand.
nine hundred and thirteen, and Of the
independence of the United States OF
America the one hundred and thirty
seventh, before me, Charles F. Fetch
niger, notary public. duly commits
stoned and qualified in and for the
city, parish and state aforesaid, therein
residing, and in the presence of the
witnesses hereinafter named and under
signed, personally came and appeared
the several persons whose names are
hereunto subscribed, who declared that,
availing themselves of the provisions
of the laws of this state relative to the
formation and organization Of corpora
tons, they have covenanted and agreed,
and do by these presents covenant
agree and bind themselves, as well as
those who may hereafter become asso-
ciated with them, to form themselves
into a corporation for the objects and
purposes, with the name, and under
the stipulations following, to-wit:
ARTICLE I.
The name and style of this corpora
ton shall be Hayward &, Spahr Com
pany, and by said corporate name 1t shall
have succession and enjoy existence for
a period of fifty years, unless sooner
laws and the articles of this charter;
and, under said corporate name, it
shall have power and authority to con-
tract, sue and be sued, to make and
use a corporate seal, the same to alter
or break at pleasure; to make all nee
essary rules and regulations for it's
'orporate MANAGEMENT ana control,
and shall have and enjoy all the rights,
privileges and immunities which are
now conferred upon or may hereafter
be granted to corporations Of the same
kind and character.
ARTICLE II.
The domicile of this corporation shall
be in the town of Hohen Solms, parish
Of Ascension. state of Louisiana, and
I'll citations and other legal processes
shall be served upon the president, or,
in. his absence or inability to act, upon
any other officer of the corporation.
ARTICLE III.
The objects and purposes for which
this corporation is organized are de-
elared to be to conduct and carry on
the business of wholesale or retail gro
rers, or both, including the sale OF
dry goods and liquors, in the parish of
Ascension and such other places in the
state of Louisiana as the stockholders
may hereafter determine; to acquire,
by purchase, lease OF otherwise, real
estate and to hold, improve, lease, mort
gage, sell OR otherwise dispose of. the
same; and, in furtherance of the above
purposes, said corporation may own,
acquire and build and thereafter lease
Or sell factory or business sites, includ-
ing warehouses, and may construct ana
operate switch tracks and other fac1ll-
ties in, to and from such buildings, and,
GENERALLY, do and perform all acts
incidental or gefmane to the purposes
above specified.
ARTICLE ".
The capital fsssa- Of this corporation
is hereby fixed at seventy five hum
bred (s75o0) dollars, divided into seven
hundred $1,000 dollars each. which said
stock shall be issued only for cash or
in payment of property or services
actually received by Or rendered to said
mence business and become a going
concern as soon as three thousand
($3000) dollars of its capital stock shall
have been subscribed and paid for, The
payment made therefor subject to the
action and call of the board of direct
ors. Said stock shall be fully paid at
the time of its issuance and, there
after, non-a ssessable, and the capital
stock may be increased or decreased in
the manner provided by the laws of
this state.
All parties to this act declared that
of shares of said capital stock set
opposite their respective signatures
hereto, so that this act of incorpora-
ton shall serve as an original sub
scription.
ARTICLE V.
All the powers of this corporation
shall be vested in and be exercised by
a board of three directors, to be elect
ed each year by the stockholders at
the annual meeting; the said directors
first board shall consist Of W. Camp
bell Hayward, who shall be president;
flames e. Alexander, who shall be vice
president; Carl Spahr, who shall be sec
On the first Monday In January, 1918,
and annually thereafter, except when
Slch day shall fall on a legal holiday,
then, upon the next following lay-day,
Che Stockholders shall elect a board of
board already installed to continue to
hold over until their successors are
elected and qualified. The board of d.
rectors so elected shall select from
corporation, who shall be a president,
vice president and a secretary treas
urer. The election of directors shall be
by ballot, and the persons receiving the
clared elected. For e1ecting directors
or for any other purpose, each share of
stock, whether present or by proxy,
snail De entitled to one vote, and a
majority of the votes cast shall be re-
CURED to pass any resolution or decide
any question submitted to the stock
holders, except for the alteration or
of this charter, or the dis
solution of the corporation as herein
after provided
The said board of directors shall
have power and authority to make all
necessary rules and regulations for the
operation and control of
the business of the corporation, as well
as to make all necessary rules and by
laws, with power to fill any vacancy
occurring. in their number, or any va
cancy occurring among the officers Of
the corporation. A majority of the di-
rectors voting at any one time, in per-
son or by proxy, shall be required to
pass any resolution or adopt any by
law. which, when so adopted shall be-
come valid corporate acts.
ARTICLE VI.
Notice of all meetings of stockhold-
ers for electing directors, or for any
other purpose, except as may be here
lnafter directed, shall be given, In writ
ing, by the. secretary, to be deposited
IN the mail at least ten days before
such meeting, directed to each stock
holder at his last known address, APP
pearing upon the books of the corpora
ton, unless said notice is waived in writ
ing by all the stockholders appearing
as such upon the books.
ARTICLE VII
This act OF Incorporation may be