The Era-leader. [volume] (Franklinton, La.) 1910-current, 1914-07-23
CHARTER
Of S. n. BURRIS, Incorporated.
State of Louisiana,
Parish of Washington


l9l4. before me, MAGEE W. OFT, a
Notary Public in and for the Parish Of
Washington, State of Louisiana, duly
qualified and sworn, and
in the presence of the witnesses here
matter named and undersigned, per
sonally came and appeared the per-
sons whose names are hereunto sub
scribed, and who declared unto me,
said Notary, that, availing themselves
of the laws of the State of Louisiana,
relative to the organization OF COrpo-
rations, they have formed, and by these
presents, do form and constitute them
selves, as we'll as all such other per-
sons as may hereafter join or become
associated with them or their successors in the
corporation for the objects and purposes and
under the conditions following, to-wlt:
ARTICLE l.
The name of the corporation shall be
S H Burrs, incorporated, and under that name 1t
shall have and enjoy succession and
existence for the term of ninety-nlne
years. unless sooner dissolved by law
or by consent Of the stockholders as
provided for hereinafter.
Under this name the said corpora
ton shall have the power and author
ity to contract sue and be sued, to make and
use corporate seal and to alter same at
pleasure.
ARTICLE ii.
The domcle of this corporation shall be at
Franklinton, Washington Parish, Louisiana,
where all citations, papers and all other legal
process shall be served upon the president, or
in his absence, the viCe-president, or in his
absence the Secretary-treasurer.
ARTICLE ILL.,,
The objects and purposes for which
this corporation is constituted are hereby de-
Clared to be, to operate and conduct general
merchandise store, either wholesale or retail
with authority to exercise all powers necessary
to the conduct of said business; to buy and
sell, own or lease real estate under its said
corporate name, with authority to do all acts
incidental thereto.
ARTICLE ".
The capital stock of this corporation
shall be TEN THOUSAND 100000 00)
DOLLARS, divided into and represented
by One Hundred Shares of stock at the
par value of One Hundred Dollars each
said stock shall be paid for in cash
at the time of subscription, or as the
same is issued, for not less than par
or in payment or in exchange for prop
erty actually received or purchased by
this corporation, or for work or SER
vices actually rendered.
This corporation shall become going con-
Germ when Five Thousand (S5,OO0O0) Dollars OF
its capital stock shall have been subscribed and
paid for, and the Board of Directors shall have
the right to determine how much stock shall
be issued thereafter,
No fr,,, CO t,F ha 20
this corporation unless the same Is transferred
on its books at its office.
ARTICLE V.
The corporate powers of this cor.
pOratiOn shall be vested in and eXer.
cised by Board of Directors com
posed of three stockholders. The first election
of the board OF directors under this charter
stockholders to be held at the office OF
the corporation on the first Monday
in June, 1915, and thereafter the
stock holders shall elect board Of di.
rectors on the first Monday of June o
each year, who shall serve
until their successors shall have beer
elected and qualified. The Board OF
Directors shall elect from among theil
number their officers, who shall be president
vice president and seCretary-treasurcr The
office of secretary treasurer shall be held by
the same stakeholder. During the absence OF The
President the Vice-President shall act
and preside in his stead. Notice of the
election of the Board of Directors shall
be given in writing by mail, addressed
to each stock holder at his usual place
of business ten days prior to said cleo.
ton, and the Board of Directors shall
appoint one of the stockholders to pre-
side at said election. Any failure, for any
cause whatever, to elect directors on the day
mentioned for that purpose shall not dissolve
this corporation, but the directors then in Of
flee and the incumbent officers shall
continue to serve until their successors
are chosen. At every election each stakeholder
shall be entitled to one vote for each share OF
stock registered in his name, and the votes o.
the stockholders may be cast by proxy.
The stockholders shall determine the man
ner of holding said election. and the majority
of stock voted. each share being counted us
one vote, elect the person or persons for whom
they are cast. The first board of directors OF
this corporation shat, be composed of Newton
A. Burris, Alma W. Burris and II. b. Magee OF
whom Newton A. Burris shall be President
Alma W. Burris, Vice-President and Fl. b
Magee, Secretary Treasurer.
ARTICLE VI.
The Board Of Directors shall have the
power to fill all vacancies caused by death
resignation or otherwise among the stock
holders of this corporation The said board o.
directors shall have full power and control Of
the property of this corporation, and shall con
duct and manage the same consistent with the
object for which this corporation was organ
led and in accordance with the provisions o
this charter The said board has full author
Pity to adopt such bylaws and regulations a.
may be deemed necessary for the proper man
agement of said business. The said board O.
directors shall elect or appoint such agents
clerks or other employees as may be necessary