The Era-leader. [volume] (Franklinton, La.) 1910-current, 1914-04-16

UNITED STATES OF AMERICA,
State of Louisiana,
Parish of Washington.
BE IT KNOWN AND REMEMBERED
that on this the 9Th day of February,
1914, before me, LESLIE p. PARKER, Il
Notary Public in and for the Parish OF
WASHINGTON, State Of Louisiana, dulE
sworn and qualified, ana
in the presence Of the witnesses mere
matter named and Undersigned, pei
Sonally came ana appeared the PEI
sons whose names are heleuhlo 'up
scrlbed, and who declared unto lll',
said Notary, that aValllng themselves
nt the laws of the state of Louisianit'
relative to the organization or coiPo
iatiOnS they have formed, and by iheSe
presents do form and constitute tHell
selves, as we'll as all Such olhtl pei
sons as may hereafter JON OF peCulie
associated with chem, OF Win InGl'
into a COrpordtioh' cor tiit
objects and purposes ana uhoei 'i'~
conditions following, to-Nll:
ARTICLE !.
The name of the corporation shall De
J. O. Magee g. Son Ltd, and under that NAME II
shall have and enjoy succession anu
eyistence for the term OF nlnety-nlne
wears, unless sooner dissolved py Ia"
or nv consent of the stockholders as
hereinafter provided. .,,o,,o-
Under this name the said corpora
ton shall have the power and autho,
ity to contract. be contracted WILL auo
and be sued, to make and use col
porate seal and to after same at pt t."
llre: to hold, receive, have, purchase
ALLEVIATE, pledge, mortgage, and hypolh-
eCase under the said corporate laiiic,
prtS,erty real, personal and miAGu, ~
naf. 10 and appoint such officers ulteC'
ors, agents. managers or otnel Gu
ployees as the interest or BUSINESS oh
this corporation may requIfe' ~
tablish branch stores and TO oPGlh ~,
same in any part of the State OF Lou
isiana as the Board Of Directors may
Il etarmine. TO make and estaDilSh such
hv-laws, rules and regulations, Tor lne
nroner management of its a1falfs, as ~
NAV deem necessary and proper, ana
tbs said CORPORATION shall hold ana eN-
ercise all such powers ana Plltllee5s,
as relates to the objects herelh SCI
forth or that may be necessary TO carry
on ne business for which this corpora
tjon is established and which this cor
noration may legally do or perform
under the laws of this state.
ARTICLE II.
The domicile of this corporation shall be al
Sunny Hill, Washington Parish, Louisiana;
where a II citations, papers and all other legal
process shall be served upon the president Vi
IN his absence or inability to act, the secretary
treasurer.
ARTICLE III.
The objects and purposes Tor Whlch
thie corp0ration is esta blished, and the
nat1re of the business to be carried on
bv it, are hereby declared to be the
operation of a general merchandise store, TO
buv and sell either at wholesale or retail
and do all acts necessary and proper
for the conduct and maintenance or the
business as above outlined, or as INCL
dental thereto.
ARTICLE ".
The capital stock of this corporation
shall he TEN THOUSAND ($1O,O00.00)
DOLLARS, divided into and represented
bv 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 Tor prop
erty actually received or purchased by
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 Five Thousand ($5O00.00 Dol
lars of its capital stock shall have been snb-
scribed for. The Board of Directors shall have
the right to determine how much stock shall
be issued after the first Five 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
ARTICLE V.
The corporate powers of this COR
poration shall be vested in and eXer-
cised by a Board of Directors COM
posed of three stockholders, and their
decisions and acts shall bind this cor
Board of Directors under this charter
shall be 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
stockholders shall elect a board of d.
rectors on the first Monday in jan
uary Of each year, who shall serve
unlll llelT SuCCtSSOIS Sndll nave UStI
elected and qualified. The Board of
Directors shall elect from among their
their officers, which shall be
President Vice-President, Secretary
and Treasurer; the office of Secretary
and Treasurer shall be held by the
same stakeholder. No person shall be
eligible as a director, or hold an office
in this corporation, who is not 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
to each stakeholder 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; and in the event
that said stakeholder shall fail to at
tend, the President shall appoint
stakeholder to fill his vacancy; any
failure, for any cause whatever, to elect
directors on the day named for that
purpose shall not dissolve this cor
poration, but the directors then in Of
flee and the incumbent officers shall
to serve until their successors
are chosen. At every election and
meeting, of the stockholders, each
stakeholder shall be entitled to one
vote for each share of stock registered
in his name, and the vote of the stock
holders may be cast by proxy. The
election Of directors shall be by ballot
and the majority in the amount of