The Madison journal. (Tallulah, Madison Parish, La.) 1888-current, 1914-05-09
DELTA MERCANTILE COMPANY, LTD.
Act Of Incorporation Of the

ing TO law, IN the p1eStuCe VI VIC wiz
nesses hereinafter named and under
signed, on this the 3rd. day OF April,
1914, personally appeared the persons
whose names are signed hereto, who
declared: That availing themselves OF
the laws Of Louisiana, relative to the
organization of corporations, they have
covenanted, and do, by these presents,
covenant, bind, form and constitute
themselves, az well as such other per-
sons as may here's fter join or become
associated with them, into body pollt-
ic and corporation fer the object and
purpose and under the StiPulatIons fol-
lowing, to-wit:
| ARTICLE
The name and style of this corporation
shall be DELTA MERCANTlLECOM.
IPANY, Limited, md by that name
i, shall have power to enjoy and have
succession for period OF Ninety-Rlne
! (99) years, to contract, sue and be sued,
in it's corporate name, TO make and use
n corporate seal, TO have and employ
such officers, managers and employees
as the interest of the corporation shall
require, and TO conduct the business Tor
which the corporation is created
ARTICLE 2
The domicile of said corporation shall
lie at Delta, Madison Parish, Louisiana
and all citations or other legal processes
shall be served on the President, or in
his absence, on the LIST Vice President
or any other officer OF said corporation.
ARTICLE 3
The purposes for which this corpora
ton is created, are to conduct, operate
and carry on a general mercantile bas-
mess, either retail or wholesale, OF both
including the sale at retail or wholesale,
of liquors, wines, beer, cigars and tobsc.
co, end the manufacture and sales OF
drugs and medicine, to buy, sell, own
and lease property, real and personal, ,
to lend and borrow monies, 10 make,
sign and endorse notes, bills, draftsand
checks, and to do any and all things ne
cessary in carrying out the purposes
for which the corporation is created q.
ARTICLE
The capital stock OF this corporation
is fixed at the sum of Five Thousand
(SJ000.00) Dollars, represented by one
hundred shares 1L0l Of the par valne oil
Fifty Dollars $4,000 each which stool;
shall be paid for, either in cash or in
property, and eighty per cent tS0), OF
more, having been subscribed, said or
poration is declared to be going con-
Germ from this cate.
ARTICLE 5
, The corporate control and manage
ment shall be vested in the stockholders
with such delegations Of authority tC
, the Board of Directors as they m ~
from time TO time see fit. The annua
, meeting Of stockholders will he held Of
; the second Tuesday in April of eaci
year, beginning with the second Tues.
day in April, 1918, in the Office of thu
Company at 8 p. M. The Board %
) Directors and officers Of the corporation
{ are to serve annually, or until their sue
c,ssors are elec.t by the stockholders
signed either by the President or Is
Vice President.
e ARTICLE 6
e The First Board of Directors ar
n declared 10 be L. Dundas, G. NJ. Long
J. w. Perkins, Mrs. Il. T.. Crofion, Il
Il B. Long and r. C. Webb, Jr.
: The majority of said board shall con
!, stitute quorum for the transaction n
f business. Any stockho,der is eligIbl
10 serve on the Board OF directors. Va
cancies on said Board shall be filed b
e the remaining members.
The board OF directors shall meet 4
any time designated in the bylaws, G
upun call Of the President.
ARTICLE
Whenever the corporation shall be dis
solved, by limitation or other wise, i,
affairs shall he liouidated by three com
missioners, elected by the stakeholder
for that purpose, unless such liquida
/ ton or dissolution shall be effected
:, some other lawful means.
v ARTICLE s
3 The officers OF this corporation sha
be President, who shall also be IT,
:. the General manager, a First Vice
IL Pres, a second Vice. Pres, and a Sec
!? rotary TT easurer. And the said Pres
3 dent shall have authority such as is ger
- orally exercised by such officer, and i
shall have full power TO appoint, emplo
'r fix the salaries, and discharge all ii
e. employees, agents, or assistants, as Il
ID interest OF the corporation may require
, he shall have the entire control an
- management Ct the business OF the col
poration, to make and sign, all notet
S. drafts, checks and contracts and tn
amy and all things necessary TO condu
the business for which this corporate
e is created.
The first officers of this corporate
)r are declared TO be- r. b. Long, Pres
dent & General Manager; J. W. Pc
Is kins 1st e-President; w. P. Tow
2nd. Vice President; and G. l.. Dund
). Secretary Treasurer. Said officers
serve annually, CT until their succ-sso
n are elected by the annual meeting
y" the stockholders, and they shall
+ stockholders.
~ Each appearer hereto is stockhold
# and has set opposite his, or her name q
- number of shares OF stock for which
, Cor she) has subscribed, 80 that t
- same shall Operate as a stock su
,c scribed list.
~ r. B. Long, 40 Share
j. w. Perkins. 20 Share
Mrs. T. Z. Crofton, 2 Share
I g. L. Dundas, 10 Share
- r. c. Webb, Jr., 3 Share
Lille May Long, IL Share
THIS done and PASSED in r
,, Office in Tallulah, Madison Parish 10
isiana, in the presence Of J. f. Hode
and Leon Kahn competent witnesse
who sign az such, togathcr with the a
bearers and me, Notary, on the day a
r >, date first herein written.
ATTEST; -. y ,u,,
II e. HODGE