St. Landry clarion. (Opelousas, La.) 1890-1921, 1913-02-22

in the year OF our Lord, One Thousand
Nine Hundred and Thirteen, before me
JOHN H. HARMANSON, a Notary Pub.
lie, duly commissioned, qualified and
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 availinq
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
lie themselves into a corporation, for
the objects and purposes, and under
the stipulations and agreements here
matter set forth, which they adopt as
their charter, to-wit:
ARTICLE i.
The name and style of this orpora-
ton shall be s'THE FARMERS UNION
MERCANTILE COMPANY, LIMITED"
1t shall have its domiciIe in the town of
Plaisance, La, and under sid corpor-
ate name, said corporation shall have
power and authority to contract, sue
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 am to break, alter or amend
at pleasure, to hold, receive, lease,
purchase, improve, ALLEVIATE, convey,
pledge, mortgage and hypothecate, n
der It's 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 al 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 iii accordance with its charter,
shall exist and continue for and during
the period of n~inety-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 il, 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 mereElan-
Use usually bought and sold, as also
% purchase and sell real estate, to
build, w and operate warehouses,
to buy and sell cotton, rice, and
'fher products of the country.
ARTICLE III.
The capital stock of this corporation
s hereby fixed at the sum Of FIVE
THOUSAND tS5, N0.00) DOLLARS, TO
e divided into TWO HUNDRED
'HARES 600, Of INTERVIEWER
DOLLARS each which said /
shall be paid for in such manner
nd on such terms as may be pre- I
cr1bed by the board of directors, pro- Z
ided, however, that this corporation i
lay organize and commence business {
fer not less TRAN THIRTY-FIVE i
lUNDRED ($3500.00( DOLLARS in a
1afes OF said capital Stock shall have '
cen bone fide subscribed for.
transfers OF stock shall only be MATE
] the books of the Company bv E
ockholdeE, in person or by proxy, j
1T none shall be sold or transferred B
{ any stockh0ader unless the said P
ock shall have been first offered for ER
to the other stockholders, at the B
me price offered unto others, THROUGH C
rlfteH notice served on the President
the Company, and only upon the
lure or neglect of the other stock
lders to avail themselves within fen vi
Us, OF such right of purchase. shall =
CHI stock become transferable, No
r%tlflcate shall be issued except for
Ily paid up stock.
ARTICLE ".
The business of this corporation shall 81,
managed by, and all its corporate na
Wers shall be vested in a board of 10,
e,ctors, composed of five 81 stock :
.ders to be elected annually on the j
It Monday OF May of each year. AT ofF
lr first meeting in each year said ID.
lrd shall elect one of their members "a
President, another as Vice-President.
he said Board shall also at their first
.ting IN each year elect or appoint Sta
danger and a Secretary, and fix !
If salaries, both of whom shall hold !
ce only during the pIeasure for
the Board of Directors. The the
shall be a stakeholder, but the orc
may or may not be a stock 5O,
Ter. The President or Vice-Presi-
t may hold the office of the Mana Is
t all elections for directors, the per.
) receiving the votes of the major Jan
n amount OF capital stock of said
lpany shall be declared elected. --
at all the meetings of the Board of !.
'ctors, the action or decision of the :
1rIty In number present shall pre-
and a majority of the Board of II
ctors shall constitute a quorum for pari
of business. the
" stakeholder shall have the rioht r.,
the Board of Directors AZ =
time, upon notice in writing to at Il
member. Ri,
i'd Board of Directors shall have
TO fill all vacancies occurring
lelF own number, or III their
ers by death or resignation. and
havefulI power ID make and E21 ID