St. Tammany farmer. [volume] (Covington, La.) 1874-current, 1917-02-10
CHARTER
of the
STANGA MERCANTILE COMPANY.
INCORPORATED.
United State of America, State of
Louisiana, Parish of St.
Tammany.


Tammany.
Before me, Adrian D Schwartz, a
Notary Public, duly commissioned
and qualified in and for the parish
of st. Tammany, State of Louisiana,
personally came and appeared the
persons whose names are hereuntO
subscribed, to me personally known,
who declared unto me, Notary, that
availing themselves of the laws of
the State of Louisiana, they do by
these presents, form themselves into
a body corporate, for the objects and
purposes and with the powers and
privileges as hereinafter set forth.
ARTICLE l.
The name of this corporation shall
be Stanga Mercantile Company, In
corporated. 1t shall have success
sion and existence for a period of
ninety-nine (ss years from date
hereof, unless sooner dissolved as
provided by law and the articles of
this charter.
ARTICLE II.
The domicile of this Corporation
shall be at Abita Springs, Louisiana,
where all citation and other legal
process shall he served upon the
president, or in case of his absence
on the vice-president, or in case of
the absence of both such officers,
then in the manner provided by law.
ARTICLE Ill. y.ats
The objects and purposes for
which this corporation is organized,
and the nature of the business to be
carried on by it, are hereby declared
to be: A general business Of buy
ing and selling merchandise, retail
or Wholesale, including all manner
of personal property whatsoever; to
purchase or otherwise acquire, hold
or lease, mortgage and sell real es-
tate of any nature, which may be
necessary or incident to the opera
ton of the business above men,
toned.
ARTICLE Nv.
The authorized capital stock is
hereby fixed at Five Thousand Dol
lars C$5,OOO.OO) cash paid in by the
represented by fifty (50)
shares of the par value of One Hun
dred ($10O.OO) Dollars each. The
parties hereto declare that they
hereby subscribe for the number of
shares set opposite their respective
in the aggregate sum of
Five Thousand $5,O0O.OO) Dollars.
The capital stock of this corpora
tion may be increased to the sum of
Ten Thousand ($10,00O.00O Dollars,
in accordance with the provisions of
law pertaining thereto.
ARTICLE v.
ALI the powers of this corporation
shall be vested in and exercised by a
Board of Directors, to be composed
of not less than three co stock
holders, to be elected at the annual
meeting of the stockholders. The
officers for the first year shall be as
follows:
John A. Stanga, Abita Springs,
president.
J. Elliott Stanga, Covington, Lou
isiana, vice-president.
M. NJ. Stanga, Abita Springs, Lou
isiana, secretary-treasurer.
ARTICLE vi.
On the second day of January,
1918, the stockholders shall elect
Board of Directors for the ensuing
year. The officers of this corpora
tion shall be selected by the Board of
The said Board of Dr.
rectors shall have power to make all
necessary rules and regulations for
the management, operation and con-
troll of the business of the corpora
ton.
ARTICLE VII.
In the event of dissolution of this
for any cause, its affairs
shall be liquidated by two liquidat-
Ors elected from the stockholders at
a special meeting held for that pur-
pose.
ARTICLE VIII.
No stakeholder shall be held liable
Or responsible for the contracts or
faults of this corporation in any fur
Their sum than the unpaid balance
due to the corporation ON the shares
Of stock owned by him, nor shall any
mere informally in organization
have the effect of rendering this
charter null or exposing a stockhold-
er to liability beyond the unpaid bal
ance due on the stock owned by him
Thus done and passed before me
at my Office on the 29th day of jan
uary. 1917, in the presence of F N.
and l.. F. Hammer,
witnesses, who hereunto
sign their names together with the
said appearers and me, Notary, after
due reading Of the same.
]. A. Stanga. Abita Springs, La,
"a shares; cash paid up.
J. Elliott Stanga, Covington, LOU
siana, one share; cash paid up.
NJ. NJ. Stanga, Abita Springs, La,
25 shares; cash paid up.
Witnesses:
F N. BOUDOUSQUIE.
L. HAMMER.
ADRIAN D. SCHWARTZ,
Notary Public.