The Era-leader. [volume] (Franklinton, La.) 1910-current, 1914-02-26

:, agents managers or other EN-
p,O"C"s as he intcrt., or business of
jr. corp .aii0n NAV ucyire: to es-
;ablisn D. %nch stores ana to operate
sulut ~ any part ii ,he STATE of Lou
.s4i.i.a rs tie Board of DIRECTORS may
det' mine; 70 make AMI g ablish such
bylaws rules and re"ula, ons for the
N.oH,r mana cement of it's affairs, as it
XIV deem ielcsEarv ana orOper and
tnv sad corporation shall Mold and eX-
{ else d.. glch powers ~, privileges
togth or lhal NAV be NECESSARY, 70 carr,'
ION IS established ard When his cor
o.ation r.v legally do -. nerform
nder he laws of this state
ARTICLE H.
The tonric;'e oc This corporation shall
be 1t Fran ,IinCoH, WASHINGTON Parish,
Louisiana where al. citations, Dapers
AID other legal process shall be served
upon the president. or in his absence
or i"abilitv to act the observation-disclosures
urer
ARTICLE III.
The objects and purposes for which
this corporation is Established, and the
nature Of the business to be carried on
by it, are hereby declared to he the
operation of a drug store. confecti0n-
cry and notion store. TO Inv and sell
either at wholesale or retail Jr Teas,
medicines, confectionery supplies, to-
bacco cigars and school books und
such notions and novelties as are
usually sold in a first-class drug store
for the conduct and maintenan c q of the thr
dental thereto.
The capital stock of this corporation
shall be TEN THOUSAND 10000. OOJ
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
or in payment or in exchange for prop
erty actually received or purchased bv
this corporation, or for work or SER
vices actually rendered
This corporation may commence do
ing business and shall be going con-
Germ as soon as Three Thousand
SSS,Goo.Vo) Dollars Of its capital stock
snail nave been subscribed for. The
Board of Directors shall have the right
10 determine how much stock shall be
issued after the first Three Thousand
Dollars of its capital stock shall have
been issued.
Any stockholder may sell, assign or
transfer his stock in this corporation;
no transfer of stock shall be made
unless the same is transferred on the
DOCKS of this corporation at it's office.
ARTICLE V.
~,
The corporate powers Of this cor
poration shall be vested in and exer-
clsed by Board of Directors com
9osed OF three stockholders, and their
decisions and acts shall bind this cor
porat1on. The first election of the
Board of Directors under this charter
snali De held at a meeting of the
stockholders to be held at the office of
the corporation on the first Monday
IN January, 1915, and thereafter the
rectors on the first Monday in Jan
uary of each year, who shall serve
until their successors shall have been
elected and qualified. The Board of
Directors shall elect from among their
numoer their officers, which shall be
presi m Vice-President, Secretary
and Treasurer shall be held BY the
same ,stockholder. No person shall be
eligible as director, or hold an Jffice
in this corporation. who is not a stock
holder; 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
of business ten DAYS prior to said eleco
appoint one of the stockholders n nraI
side at said election; and in the event
that said stockholder shall fail tn at.
| tend the President shall annoint q
stockholder to fiji his vacancv. snT
failure, for any cause Whatever to elect
directors on the dav named for that
purpose shall mot dissolve TIC onrt
poratiOn. bnt the directors tbon J., "
flee and the incumbent offine r a. .h ~
continue TO serve until their s,1ocessnrs
are chosen A. evnrv aiaotinn ,,S
meeting NJ the stoolbniSens any
stockhOlder shall he antitiad ann
vote for aacb sbora ~ stoai - oii5
in his mama ord tho 49, ~ th istea 1'
holders NAV he cast ~ hv " WY one s'p IN
election NJ directoro chat, e. ~ liz
and the maiorit,, IN tha ny naiioe
votes cast con,, sharo ' nt s ta1GuiLt "
counted &C orc vote eha1I II 49, suUe H. oei,s
son mr. nersonS for ubn,,, 49,, o .me ~ p1
The firsf pnar NJ NJ nv th,s .ney aie 49,,
shall be- comnnsed If w N Do bin"tnn
Ne MI. :, y, w. -.' laying VII