Lower coast gazette., 1913-12-06
ARTICLE l.

ARTICLE l.
The name and style Of this cor
poration shall be: "BURRWOOD'
MERCANTILE COMPANY, LIMIT
Ed" and under that name it shall
have and enjoy all the rights, advan-
tages and privileges granted by law
to corporations; it shall exist for a
period Of N%inety-nine years; it shall
have the power to contract, u and
be sued, in its corporate name, to
make and use a corporate seal, and
the sa to break or alter at pleas
ure; tos own, hold, receive, con-
vey, morts o5'ypothecate or pledge
property boJfs hand personal, per-
tanning to tllSs ass for which
this corporation. j. sized, to is
sue notes and oth4 s. lions; to
have and employ sucl ament,
directors and officers. IA. ses,
as the interests and conve.,1
this corporation may require;
to make and establish such bylaws,
rules and regulations, III the corpor-
ate management of this corporation
as it's stockholders and Board IF Di-
rectors may deem necessary and ex-
pedient.
ARTICLE II.
The domicile of said corporation
shall be at Burrwood, in the Parish
of Plaquemines, State Of Louisiana,
and citation and other legal process
shall be served on the President, and
in his absence on the Vice-President
Of this corporation.
ARTICLE III.
The objects and purposes for which
this corporation is organized, and
the nature of the business to be car
ried on by it, are declared to be, to
engage, at Burrwood, in the Parish
Of P~laquemines, State of Louisiana,
in the general mercantile business, to
buy and sell merchandise of all and
every kind, and to deal therein; to
own and operate a store or stores,
and all such other property as may
be deemed advisable for it's purposes;
and this corporation shall have all
the rights, powers and privileges, nee
essary for it's purposes, not repug-
nant to the laws of the State OF
Louisiana.
ARTICLE ".
The capital stock of this corpora
ton is hereby fixed at Ten Thousand
Dollars ($10,0OO.OO), which said CAPT
tai stock may be increased at the
pleasure of the corporation pursuant
to law, divided into Two Hundred
(200) shares of the par value OF
fifty dollars ($50.00), each, which
shares shall be paid for in cash OF
in the purchase of property, as is.
sued. All shares shall, when issued,
be fully paid and worcestershire, and
no stakeholder shall ever be held liza
BILE or responsible for the contracts
or debts Of said corporation in any
further sum than The unpaid bal.
ance due the company on, the shares
of stock owned by him or her or any
holder Of said stock.
This corporation shall begin bust.
ness as soon as Six Thousand Dol.
lars ($6000.0 0) of the capital stock
is subscribed for, which amount is
hereby declared to be subscribed.
ARTICLE v.
All the corporate powers Of this
corporation and the management ano
control Of its business, shall be vested
in and exercised by a Board Of Di.
rectors, to be composed Of three mem.
bers, a majority of whom shall con.
stitute a quorum for the transaction
of all business, and their decision
shall be valid, corporate acts. A
majority vote Of the Directors pres.
ent shall decide all questions voteC
upon. No person shall be eligible as
a member Of the Board of Directors
unless a stakeholder of the corpora
ton. The Board of Directors shall
have the power to determine the man
ner and the cause for which vacan
cies may be declared on the Board.
The Board of Directors shall cleo
from among it's members it's own Of
ficers IS follows: a President, {
Vice-President, and a Secretary
Treasurer.
The following persons shall con
stitute the first Board of Directors
viz:-
George w. Delesdernier, Mrs. Iren'
Delesdernier, widow Of Henry L. Har
ris, and Mrs. Amy Delesdernier, wild
ow of Milton Aicklen, with the sal
George w. D~elesdernier, as President
the said Mrs. Irene Harris, as Vice
President, and the said Mrs. Amy [
Aicklen, as Secretary Treasurer .
The said Board of Directors sha.
continue in office until the secon
Monday in January, 1915, on whic
day, and annually thereafter, a Boar
of Directors shall be elected by bal
lot for the term of one year. Sue
election shall be held under such rule
and regulations as may be provide
by the Board of Directors. An
failure from any cause whatever, t
elect a Board Of Directors on tn
day named shall not dissolve the col
poration, but the Board Of Director
then in office shall hold over unit
their successors are chosen. At ever
election and meeting of the stockholt
ers the vote shall be by ballot an
each share Of stock shall be entitle
to one vote to be cast by the owne
in person or by written proxy. Tt
stockholders receiving a majority {
the votes cast shall be declared cleo
ed as the Board of Directors. An