The Madison journal. (Tallulah, Madison Parish, La.) 1888-current, 1914-04-25
DFLTi MERCANTILE COMPANY, LTD,
Act of Incorporation Of tie

Par'Sn v Nau a"h. .
Before me, the undersigned authority,
duly commissioned and qualified ACCORD
ing to law, in the presence OF the wit
ncsseS 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 corporation, they have
eovenanted, and do, by these presents,
covenant, bind, form and constitute
themselves, as well as such other per-
sons as may here's fter join or became
associated with them, into body polit-
ic and corporation fer the object aud
purpose and under the, stifulasons fol-
lowing, to-wit:
ARTICLE 1
| The name and style of thi corporation
shall be DELTA MERCAN rILECOM.
PANY, Limited, and by that name
it shall have power to enjoy and have
succession for period OF Ninety-nine
| (99) years, to contract, sue aid h" sued.
in it's corporate name, 10 make an use
a corporate seal, TO have and employ
such officers, managers and employees
as the interest of the corporation shall
require, and to conduct the business for
which the corporation is created.
ARTICLE 2
The domicile of said corporation shall
he 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 bus
mess, either retail or wholesale, or both
including the sale at retail or wholesale,
of liquors, wines, beer, cigars and tobac-
CO, and the manufacture and sales OF
drugs and medicine, to buy, sell, own
and lease property, real and personal ,
to lend and borrow monies, to make,
sign and endorse notes, bills, drafts and
checks, an to o any and all things me-
cessary in carrying out the purposes
for which the corporation is created
ARTICLE 4
The capital stock of this corporation
his iixAd at the sum of Five Thousand
(S50J0.00) Dollars, represented. by one
\
Fifty Dollars $4,000 each which stocl
shall be paid for, either in cash or II
property. and eighty per cent tSO), Of
more, having been subscribed, said "or'
poration is declared TO be going con
Germ from this date.
/ ARTICLE 5
The corporate control and manage
ment shall be vested in the stakeholder
7 with such delegations Of authority t,
the Board of Directors as they ma,
from time 10 time see fit. The annua
2 meeting of stockholders viii I've held o.
the second Tuesday in April Of cac
year, beginning with the second Tues
t day in April, 1915, in the office Of tn
Company at p. NJ. TIE Board q
Directors and officers OF the corporstio
Il are to serve annually, or til their sue
, c ,ssors are elest+d by the Stockholders
signed either by the Pre- ,ident or is
q Vice President.
ARTICLE 6
The First Board of Directors ar
u declared TO he l.. Dundas, 6. NJ. LONG
: J. w. Perkins, Mrs. T. T.. Crofton, II
3. Long and Il. G.. Webb, Jr.
:. The majority OF said boa~d snail con
a stitute quorum for the Transaction G
business. Any stakeholder is eligibl
u to serve on the Board of directocs. Va
II cancies on said Board shall be filled b
The remaining members.
| The board OF directors shall meet :
any time designated in the by-llws, {
upon call of the President.
ARTICLE Z
u Whenever the corporation shall he dis
IS solved, by limitation or otherwise, il
affairs shall he liquidated by thr"e com
( mIssioners, elected by the stocxhOld de-
l. for that purpose, unless such iquida
! ton or dissolution shall be effected u
I some other lawful means.
G ARTICLE S
= The officers OF this corporation sha
be President, who shall also be tl
n the General manager, a First Vice
II Pres, scconl Vice-Pres., and a Sec
retary-TTeasurer. And the said Pres
= dent shall have authority such as is gen
y orally exercised by such officer, and h
" shall have fuli power to appoint, enplo
o fix the salaries, and discharge ali til
a employers, agents, or assistants, IA NJ
interest of the corporation may require
n he shall have the entire control an
L, ,nagement CT the business of the Col
poration, to make and sign, all NODES
II ORA It's, checks and contracts and IN d
~ any and all things necessary to condu,
Z the hnsirAss for which this corporate