Abbeville progress. (Abbeville, Vermilion Parish, La.) 1913-1944, 1917-10-06
CHARTER OF THE
ALEXANDER CONRAD CO., INC.

Personally came and appeared the
partieS whose names are hereunto SUD
scribed all of full age who declared
that availing themselves OF the pro
visions of the laws of this State rel
alive to corporations they have Gov
enanted and agreed and do by these
presents covenant and agree, and blnd
as well as such other
nerson as NAV hereafter become asso-
eiated with them, to form and constr |
tute a corporation and body poiltlc III
law. for the purpose and objects and
under the stipulatiOns, articles ana
conditions following, tO-wit:
ARTICLE ONE.
The name and the title of the said
CORPORATION shall be "The Alexander
Conrad Company, Inc" and its dom-
cile is hereby established in the Town
of Abbeville, Parish of Vermillon;
State of louisiana; and under Its cor
porate name, said corporation shall
have power and authority to contract,
sue. and be sued; to make and use
corporate seal, and the same to
break and alter at plasur, to hold,
receive. have, purchase, improve, al
ienate. convey, sell, borrow, pledge,
mortgage and hypothecate, under ITS
said corporate name, property real and
nersonal. and mixed; to name and ap-
noint such Officers, directors agents,
managers of employees as the interest
| or convenience of said corporation may
rrouire: TO make and establish by laws,
rules and regulations for the proper
management and regulations Of its af-
fairs as NAV be deemed necessary and
a. 70 oh
ter Mt pleasure; and to do all other acts
and things permitted by law or as
shall or may be necessary and psoper
to carry out the objects anu pur-
poses of said corporation.
Said corporation unless sooner dlssoi-
we'd in accordance with its charter
shall exist and continue for the per,
iod of Ninety nine (99) years from and
after the date hereof.
ARTICLE TWO.
The objects and purposes for which
this corporation is organized aud the
nature of the business to be carried
on by It, are declared to be the follow
ing to-wit:
TO own, manage and operate, o gen
eral retail mercantile business, to buy
and sell groceries and dry-goods, feed
stuffs and such other wares and mer-
chandise as is usual in business of
| like character in the State of Louis
lana and in the Parish of Vermiiion in
particular.
ARTICLE THREE.
The Capital Stock of said Corpora
ton shall be Ten Thousand Dollars
100000 divided into and represented
by One Hundred shares of the par value
r MI IL
which said stock shall be paid for in
cash at the time of subscription; or
the same may be issued at not less
than par in payment OF exchange for
property or rights actually received or
purchased by said corporation or the
same may be issued, full paid, for
money advanced and for such other
valuable consideration or services as
the Board of Directors Of said Corpora
tion may determine; provided that no
stock shall be issued until the consid-
Grafton therefor has been received by
the said corporation.
The capital stock Of said corporation
may be increased to Twenty (20) Thous
and 10000 Dollars, the additional 100
shares to be Of the sum Of 10000 each
and issued in accordance with the
above provisions.
Any Stakeholder may sell, assign or
transfsr bis stock In this corporation
provided 80 dxyB prior notice u Jdc6
intention 10 sell, assign or transfer the
same be given the company and other
stockholders thereof shall have the first
privilege Of purchasing same, after
which thirty days notice the said Stock
may be sold in open market.
The Stock Of said corporation may
be transferred under the above condi-
tions; provided such transfer thereof
be made on the books of the said Com
pany at its office In Abbeville Louis
lana, and on surrender Of the certifi-
! cate thereof. No transfer Of any frac-
tional part Of share shall be made.
The corporated shall commence do
ing business as soon as so per cent of
the capital stock shall have been sub
scribed for.
ARTICLE FOUR.
The corporate powers of the corpor-
alton shall be invested In the exercised
by Board of Three Directors, Three
Of which shall consist Of the president
vice-president and secretary-treasurer
Two of the said board shall constitute
a quorum for the transaction Of business
and their decisions shall be valid cor
porate acts.
The following persons shall consti-
tute the first Board of Directors: Will
liam J. Holmes, Oliver NJ. Conrad, and
Robert Walker Alexander. William j.
Holmes, president, Oliver NJ. Conrad,
Secretary and Treasurer and R. w.
Alexander Vice President.
The post office addresses Of the
above named Directors are as follows
W.. j. Holmes, Ridge, La; O. NJ. Con
rad Abbeville, La, R. W. Alexander,
Abbevlle, La.
Any stakeholder who has one share of
the capital stock Of this corporation
fully paid and unpledged may become
director.
During the absence of the president,
he Vice President shall act and pre-,
side.
Said Board shall continue in office
until the LIST day of September, 1918.
on WHICH date, and thereafter annual
ly q board Of directors shall be elected
| IN September the first unless tha same