St. Landry clarion. (Opelousas, La.) 1890-1921, 1916-12-23
CHARTER OF
THE BENNETT STORES, INC.

CHARTER OF
THE BENNETT STORES, INC.
STATE OF LOUISIANA,
PARISH OF ST. LANDRY.
BE TT KNOWN, That on this
fourteenth day of the month OF NOV
ember. in the year of our Lord, One
Thousand Nine Hundred and SIX
teen, 1916, before me, w. r. LacomDe,
a notary public, duly commissioned
qualified and sworn, in and for n
parish and state above-wr1tten, n
in the presence of the witnesses mere
matter named and undersigned, per-
sonally came and appeared: E.. e.
Eastman, B. Bennett n FREQ FL
Hollier. all residents OF b city OF
| Opelousas, parish Of ST. Landry
| State of Louisiana, the several per
| sons whose names are SUD-
seribed. and who declared that avail
ing themselves of the laws OF the
| State of Louisiana relative TO tne
formation. conduct and operation OF
corporations and especially OF ACT
No. 267 of 1914; they have agreed
and hereby agree and bind tnem-
selves, as well as such other persons
as may become associated with them,
| and their successors, to form Il
constitute a body polite in law, Tor
the objects and purposes and under
the conditions and stipulations con-
tanned and set forth in the following
articles. to-wit:
ARTICLE /.
The name, style and title OF this
CORPORATION shall be 1.-THE BEN
NETT STORES, NC" and It shaia
exist for a full term and period OF
ninety-nine years from date hereoI,
unless sooner dissolved and liqtNdat-
ed as hereinafter provided for.
ARTICLE II.
The domicile of this company shall
be in the city of opelousas, parish OF
St. Landry, State of Louisiana. ana
all citations or other legal process
shall be served upon the President OF
the said corporation, Or in case OF his
absence or inability TO act upon the
vice-President, and in case of the aD-
sence or inability of both the Pres'
ident and vice-President, then upon
the Secretary-Treasurer and Man
ager.
ARTICLE III.
The objects and purposes OF this
corporation shall be to engage IN TINS
business of buying and selling Iol
: profit general merchandise and &c
establish and operate in the city o.
Opelousas, and in other cities, IoWI
and villages in the State OF louisiana
or in any other state or states shouie
this corporation SO desire and de
termine stores, places and plans 10
rraAic and trade, and more especially
+ 10 purchase and operate the going ra
tail clothing and general dry g OBJ
merchandise store OF B. Bennet
known as "BENNETT'S BARGAlf
Y STORE" and o continue to operat'
e the same under the said name AM
: styIe, or any other name n styl
g which this corporation may deter
mine; and, in further pursuance OF Tn
y objects and purposes o fthis corpora
" ton it shall have the power to az
ouire real estate and buildings, a
veil as lease for a term OF years
though the acquisition Of real estat
and buildings as well as leases sha
he only to the extern that the sam
are medicinal to or necessary for tn
operation and growth o fthe bushes
J of this corporation as delineate
y above.
ARTICLE ".
!. This corporation may sue and |
q sued in its corporate name, and I
! and through its President or in d
absence through its Manager, WI
NAV appear and act in court pr
ceedings for and on behalf of tn
eornoration without the necessity
any further authority from the stoc
holders or directors thereof; al
through it's Board of Directors ID
CORPORATION ma sell, mortgage, hyI
thecate, pledge, lease and suDiea
real estate and personal. proper
though this grant of authority sh'
in no way curtail or interfere WI
the authority of the managing of1ce
to carry on the ordinary business
the corporation and to make G.
tracts respecting the purchase
sale of merchandise ard q mann
Of Dayment therefor, to Dorf
money in furthcrance Of the obJe
and purposes of this corporation q
to make contracts Of mortgage
hedge to secure the same; to ms
use of a corporate seal and he ia
To break and alter at pleasure;
name and appoint such manage
directors, officer agents n Gle
as the interest or convenience
said corporation may require,
ARTICLE v.
The Capital Stock OF this corpe
ton is hereby fixed at Ten Thous'
- Dollars, f$10,o 900 .0O), represented
one hundred shares, (1oo), of a
value of One Hundred Dollars, Isl
Co 00,. each, and it shall be divided
to preferred and common stock,
nth which there shall be Seventy
Hundred Dollars, t~$7,5o0.0O, conn
stock and Twenty-Five Hundred
al lars, (s2.500. 00), preferred 81
req The preferred stock shall ent1tie
Elm holder to cumulative semi-ani
OF dividends at the rate OF eight
e centum per annum. and no more.
ton same To be paid or set apart be
any dividends shall be paid or
aid apart for the common stock, AM
or ease OF liquidation, the proceeds
~lie,;dsfion shall be first applied
the payment Of the holders OF
wen nrefnrred stock of the sI:,n OF