The St. Mary banner. (Franklin, Parish of St. Mary, La.) 1889-1931, 1918-02-09

Extracts from the Minutes of the Meeting
OF the Stock Holders of the St. Mar.
Hardware Company, Inc, held Jan. %
1918.
Meeting OF the stock holders of the St
Mary Hardware Company, held on Jan
Franklin, Louisiana.
} Present:
Mr.. Donelson Gallery. owning thirty 1907
shares.
Mr.. John NJ. Gallery, owning ten (lO)
shares.
Mr.. Il. E. Brumby, owning nineteen (19)
shares.
Mr.. Geo. Perret, owning one (D share.
A total Of sixty 90 shares being present
and this being all of the stock holders Of
the Company.
The meeting was called to order by the
President, Mr.. Brumby. who stated that
he object of the Getting was to discuss
ahe business of the Company.
On motion of Mr.. DonelsOn Gallery, Sec
Onded by MIR. Ferret and unanim Jusly
carried. all of the stock holders voting
the following resolution was adopted:
Resolved that the stock holders of this
Company appear before any Notary Pub
lie and amend Articles ii, III and Nv of
the present Charter Of the Company. eX.
ecuted on December %. 1907, so as to read
as follows:
AN H.
This corporation is organized for the pur-
pose and bject of carrying on general hard
ware business, either wholesale, or retail or
both; to buy and sell all classes Of farm aud
die and deal in mill supplies; TO engage in
and do general or special contracting and
building business; to engage in the general
wholesale aud retail merchandise business;
aud to deal in. buy and sell any And all kinds
Of goods. wares. and merchandise; to buy,
lease. or hold, sell aud dispose of property,
movable or immov able or mixed; to pledge,
mortgage and hyp0thecate ~ property or to
accept such on property of others; and general
~ to do and carry On amy aud all business as
In lawful for corporation to engage in under
one Charter whether specially included above
or not; it shall likewise have the power to con-
tract, sue aud DO sued, and stand in judgment:
to adopt bylaws ~ we'll IS such other aud
further powers IS are useful Or incidental to
corporations in general.
ARTICLE III.
Thecapital stock Of this corporation is he re-.
by increased and fixed at Twenty Five
Thousand cS25, 00Oj Dollars, represented by Two
Hundred Fifty 250) shares of One Hundred
Dollars Isl ND each,
Said shares shall be fully paid and non as
sessablo, transferable only on the books of the
Company in accOl dance with law. and N ~ be
at not less than par. Such stock shall be is-
sued and sold upon resolution of the Board Of
Directors.
ARTICLE Nv.
AL corporate power 9liaii be vested and
exercised by board OF Directors consisting
Of not less than three t3) nor more than i've (5j
stock holders, as may be determined by the
stock holders at their annual meeting a
majority Of their members to constitute
quorum.
Such Directors shall be elected at the an
uuIi M Getting to be- held on the sec md Tues
day of January, 1919, and annually thereafter
to serve for one year and until thsir success-
Ors are chosen. at which election each stock
holder shalt be entitlcd to ono vote for each
share of stock standing in his name the
books Of the Company, said voting to be CAN'T
lxtive If desired
Said Board OF Directors shall eet i'm me-
diateiy after tho ANIMAL stock holders meet
ing and shall organize for the ensuing ye tr by
electing from among their number Il Pres-
dent, u Vice-PreSident, Secretary AMI u
Treasurer, provided that any two Of said 1T.
fees m ~ be combined at the option of the
said Board; said officers sh Ill have the pOwers
usually inclent to their positions, together
with such additional pDwers 4, may be con-
ferred npon them by res tuition of the Dard,
or general by-law> of the Company.
All vacancies On the Board an ali be filed by
the remaining Directors. Until the meeting
above provid I'd ,r j. hsI the following shall
constitute the Board Of Directors and officers:
Robert Il. Bru:nby, President.
D)nelsOn Cafery, Vice. President.
Johu NJ, Caffery, Secretary anl Treasurer.
There being no further business, the meet.
ing adjourned.
cSixneuJ KORT. r. BRUMHY.
DONELSON CAFFERY,
JOHN NJ. CAFFEKf.
GEO. PERKEr.
I, John NJ. Cafery. Secretary OF tho ST. Mary
Hardware Company, incorporated, hereby GER
tify that the within aud foregoing is 4 true
and correct extract from the Minutes OF the
Meeting Of the Stock Holders of this Company,
held On January 70, 1915. ut which al OF the
stuck holders wcro present.
In evidence whereof have hereunto sub
scribed my name and official seal Of tho Con.
pany on this 9Th day of January, 1918.
iSiIned) JOHN NJ. CAFFERY
CLERKS OFFICE.
st. Mary Parish, louisiana.
l. Wiibur II Kramer Clerk of tho 23rd Ju-
dicial District Court in and for the Parish of
St Mary, State 1T Louisiana. and ex ofilcio
recorder thereof, do hereby certify that the
above and foregoing is Il true aud cnreect copy
Of tue original, now on die In my ofice, record
ed IN Book Ut Record u lucorporatiooa No.
q. q pssss< @saNAry &eA. lsis