Abbeville progress., 1917-10-13
CHARTER OF THE
ALEXANDER R-CONRAD CO., INC.

Personally came and appeared the
parties whose names are hereunto suo-
scribed all Of full age who declared
that availing themselves of the pro-
visions of the laws of this State rel
ative to corporations they have COW
enanted and agreed and do by these
presents covenant and agree, and bind
themselves, as we'll as such other
person as may hereafter become asso-
ciated with them, to form and consti-
tute q corporation and body polltlc IN
+ law, for the purpose and objects and
under the stlpulations, articles and
conditions following, to-wlt:
ARTICLE ONE.
The name and the title Of the said
CORPORATION shall be 1.-THE Alexander
Conrad Company, Inc" and its doml-
cile is hereby established in the Town
of Abbeville, Parish of Vermilon;
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
personal, and mixed; to name and ap-
point such Officers, directors agents,
managers of employees as the interest
or convenience Of said corporation may
reouire; to make and establish by laws,
rules and regulations for the propeF
management and regulations of its af
| L. 4
proper and the same to change and al
ter at pleasure; and to do all other act
and things permitted by law or a.
shall or may be necessary and proper
to carry out the objects and pur
poses of said corporation.
Said corporation unless sooner dissol
we'd in accordance with its charter
shall exist and continue for the per
iod of Ninety nine (99) years from anc
after the date hereof.
ARTICLE TWO.
The objects and purposes for which
this corporation is organized and th'
nature of the business to be carrie
on by it, are declared to be the follow
ing to-wit:
To own, manage and operate, 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 o.
like character in the State of Louis
Llama and in the Parish Of Vermilion ii
particular.
ARTICLE THREE.
The Capital Stock Of said Corpora
ton shall be Ten Thousand Dollars
| {sl0,000) divided into and represented
by One Hundred shares of the par value
of One Hundred ($100.00) Dollars each
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 or 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
ton 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 (1000) Dollars, the additional 100
shares to be of the sum Of 100000 each
and issued In accordance with the
above provisions.
Any stockholdsr may sell, assign or
transfer his stock In this corporation
provided 80 days prior notice Of such
/ iiiHtsntion 10 sell, Es5i9h o. transfer tke
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
scribed for
ARTICLE FOUR.
The corporate powers of the corpor-
ltion shall be invested in the exercised
by Board of Three Directors, Three
| f which shall consist of the president
vice-president and secretary-treasurer
Two Of the said board shall constitute
G 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: Viii
liam j. Holmes, Oliver NJ. Conrad, and
Robert Walker Alexander. William J.
Holmes, president, Oliver M. 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. M. Con-
rad Abbeville, La, r. W. Alexander,
Abbevlle, La.
Any stockholder who has one share of
the capital stock Of this corporation
fully paid and unpledged may become
\ director.
During the absence Of the president,
the Vice President shall act and pre-,
side.