The Era-leader. [volume] (Franklinton, La.) 1910-current, 1914-07-09
CHARTER
OF s. n. BURRlS, incorporated.
State of Louisiana,
Parish Of Washington.

BE 1T KNOWN AND REMEMBERED,
that on this the sth day of June,
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 tnem-
selves, as well 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.Burris, incorporated and under that name it
shall have and enjoy succession and
existence for the term of nlnety-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 domicile 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 president, or in his
absence the secretary-treasurer.
ARTICLE III.
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 w.
The capital stock of this corporation
shall be TEN THOUSAND ($10,00O.0O
DOLLARS, divided into and represented
by One Hundred Shares of stock at the
par value of One Hundred Dollars each;
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 (S5OOO.OO) Dollars OF
its capital stock shall have been subscribed and
paid for, and the Board of Directors shall have
no yht m dofprmjnp how mnCh stock shall
be issued thereafter
No transfer Of stock shall be binding upon
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
shall be held at meeting of the
stockholders to be held at the office of
the corporation on the first Monday
in June, 1915, and thereafter the
stockholders shall elect board of d.
rectors on the first Monday of June of
each year, who Shall serve
until their successors shall have been
elected and qualified. The Board OF
Directors shall elect from among their
number their officers, who shall be president,
vice president and Secretary-treasurer Inc
office of secretary treasurer shall be held by
the same stakeholder. During the absence OF the
President the VicePresident 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
hue fan n ny
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 OF
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 as
one vote, elect the person or persons for whom
hey are cast. The first boaru of direc'o rs of
this corporation shall be composed of Newton
A. Burris, Alma ". Burrisa H. d. Magee Of
whom Newton A. Burrls shall be President,
Alma w. Burris, Vice-presiLent and II. b.
Magee, Secretary Treasurer.
ARTICLE VI.
The Board of Directors shall have the
powe- TO fill all vacancies caused by death
resignation or otherwise among the stock
holders of this corporation The said board OF
directors shall have full power and control OF
he property Of this corporation, and shall con
duet and manage the same consistent with the
object for which this corporation was organ-
lied. and in accordance with the provisions of
this charter. The said board has tull author
ity to adopt sach bylaws and regulations as
may be deemed necessary for the proper man
,gement of said business. The said board OF
'lrectors shall elect or appoint such agents,
clerks or other employees as may be necessary,