The Madison journal. (Tallulah, Madison Parish, La.) 1888-current, 1914-04-18
DFlIA MERCANTILE COMPANY, LTD
State OF Louisiana, !
Parish "a Madicon 4

Before me, the undersigned authority,
duly commissioned and qualified accord
ing TO law, in the presence OF the wit.
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 awaiting themselves OF
the laws Of Louisiana, relative to the
organization of corporations, they have
and do, by these presents,
covsaant, bind. form and constitute
themselves, a we'll as such other per-
SONS "a may heres fter Join or become
associated with them, into body polit.
ic and corporation for the object snd
purpose and under the stipulations fol-
lowing, to.wit:
ARTICLE 1
The name and style Of this corporation
shall be DELTA MERCANTILECOM.
PANY, Limited, and by that name
it shall have power to enjoy and have
succession for g period Of Ninety.nine
(99) years, to contract, sue and be sued,
in ii's corporate name, to make and use
q corporate seal, to have and employ
such officers, managers and employees
- 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 1st Vice. President
or any other Officer of said corporation.
ARTICLE 3
The purposes for which this corpors.
ton ie created, are 10 conduct, operate
and carry on general mercantile bus
iness, 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, 70 make,
sign and endorse notes, bills, drafts and
checks, and to do any and all things ne.
cessary In carrying out the purposes
for which the corporation 10 created.
ARTICLE
The capital stock Of this corporation
is fixed 1t the sum Of Five thousand
($5OO.00) Dollars, represented by one
hundred shares (100, Of the par value of
Fifty Dollars 5000 each which stock
shall be paid for, either in cash or in
property. and eighty per cent 1907, or
more, having been subscribed, said cor.
porstion 10 declared to 10 going con.
Germ from this date.
ARTICLE 5
The corporate control and manage
mont shall be vested in the stockholders
with such delegations Of authority TO
the Board Of Directors ~ they may
from time to time zee fit. The annual
meeting Of stockholders will DO held on
the second Tuesday in April Of each
year, beginning with the second Tues.
day In April, 1915, in the Office Of the
Company At 3P. M. The Board of
Directors and officers Of the corporation
sre to serve annually. OF until their sue.
6 >ssors are elect.d by the stockholders,
signed either by the President or lot
Vice. President.
ARTICLE 8
The First Board Of Directors are
declared to b L. Dundas, G. M. Long,
J. w. Perkins, Mrs. T. E. Croiton. K.
B. Long and r. C. Webb, Jr.
The majority Of said board snail con.
stituts quorum for the transaction of
business. Any stakeholder is eligible
to serve on the Board ofdirectors. Va.
on said Board shall be filled by
th6 remsining members.
The board Of directors shall meet at
any time designated in the by.laws, or
upon call Of the Pre-, ideBs.
ARTICLE Z
Whenever We corporation shah be dis.
solved, by limitation or other wise, its
affairs shall be liquidated by three com.
elected by the stockholders
for that purpose, unless such LIQUIDS.
ton or dissolution shall be effected by
some other lawful means.
ARTICLE 8
The O6eers OF this corporation shah
Be President, who shall also be the
he General manager, Q First Vice.
Pres, . second Vice. Pros, and q Sec.
rotary Treasurer. And the said Pfesi.
dent shall have authority ssch rs IN gen.
orally exercised by such cAcer, snd ne
shall hsve full power 70 appoint, employ
TX the ssIaries, and dischsrge ali the
agents, OF assjssantA, a. the
interess u che corporation msy require;
he shall have the entire control and
Of the business OF the cor.
poration, 70 make and sign, ali notes
irafts, checks and contracts md TO do
any and IN things necessary TO conduct
the busmsss for which this corporations
10 crested.
The 6~t officers Of sh3s corporation
are declared to bo n. b. Long, Psesi.
dent 4 General Manager; J. W. Per.
kins list ics.PTesident; W. p. Towne
End. Vjce.President; and G L. Dundas
Secretary Treasurer. Said officers TO
serve annually, OF until their SUCCESSORS
are elected by the annual meeting OF
the stockholders, and they shall be
stockholders.
Each appearer hereto 10 q stakeholder
and has set opposite M, OF her ,Dsme the
number OF shsres q stock 1or which he
Tor she) has subscribed, 20 that the
same shall Operate - . stock sub
scribed list.
NV. Perkins, % s sSes:
Mr.. z. Crofson. z shares;
q. L. Dundss, 10 Shares;
X. c. Webb. IT., 3 Shares;
Lille May Long, II Shares !;
THIS done aud PASSED in my
office in Tallulah, Madison Parish Lou.
isixna, In the presence Of J. E. Hodge.
and Leon Kahn competent Witnesses !.
who sign rs such, togathcr with the ID.
bearers and me, Notary, on the day and
date first herein written.
Attest: