Abbeville progress. (Abbeville, Vermilion Parish, La.) 1913-1944, 1918-08-24
ARTICLE one

ARTICLE one.
The name of said corporation shall
be I'D. SLOVENIAN, INCO3pDE
ATED', and under its corporate name
shall have tile power and authority t,
,njov SUGGESTION for the full term d..
uincty-nine d99) years from and after
the date herebf, unless sooner dissolved,
accordin gto Paw, and the provisions oi
these articles; to sue and hc sued; {"
make and use a corporate seal. and t.
break and alter the same at pleasure;
TO purchase, lreceive, own lease, hold
sell, exchange, convey, devise and be
queath, property, both real and person
al; to issue bonds or other obligations
in payment for property purchased or
acquired by 1t or for any other object
in or about ITS business; to mortgage
or pledge FLY property and stocks
bonds or q PA obligations, to secure any
bonds or ~ (acts or other obligations;
to jooin-IIE hsolidate with and enter
int az IDS and cooperative rela
ton, ii .HrSarontravention of law with
tarv~Trf vens rgtt7?-rrrns, associa'
tions Dun ane.vg, governmental
municipat &C = disc, in and about
the carry{ Of Khd out of all or any
I the pGrgfFs of the company; &
hold stock ins 1ther corporations; to ac-
uuire, hold i Il reissue sAares of its
,apital stock to; name and appoint
such managett and directors, officers
agents and oTrseers, and to make, es
tablish and adopt, as we'll as alter and
amend at pleasure, such bylaws, rule
and regulations as may be neccssarv
G,r tha nropat % Tho Of
fairs of the corporation.
ARTICLE TWO
The Capital iStock of this corporation
is hereby fx9d at Twenty Thousand
$685. 0000) Hollars, divided into dul
represented by two hundred (2o)l
shares, Of the bar value of noe Hundrc,,
($lO0.00) Dollars, each-ffty per centum
If which stock shall be subscribed he
fore fling of these articles If ncof-
poration for decordation in the Mort
gage Records tof the Recorders office
Of Nermilion Parish, La, and when
fifty per centf!m shall be actually paid
before thu corporation shall engdg, n
business and fthe remaining fifty re
,cnrum shall We subscribed and paid far
within tweiveE GOnths Of the signing Of
these article of incorporation. Tit.
stock of thisl .Srporation shall be rcpres
ented by certificates, and shall be ner
Sonal property Tae form of the Ger
titicate shah be determined by the
Board of Directors, and signed by the
President and the Secretary, and scaled
Tith the seal OF the corporation f o'a
is adopted, and Pail be transferable as
prescribed by Il J.
The Capital Flock Of the corporation
may be increaSed, in the manner here
matter prescribed, to the amour; ot
One Hundred Thousand $500, 100000
Dollars
No stock or pond Of this corporation
shall be issued except for labor druo.
services rendered., or money or propn' ty
actually received.
ARTICLE THREE
The domicile of said corporation shall
be at Abbeville, Vermilian Parisi. Lon
lslana, where ali meetings Of stockhold-
ers or directors must he held, provided.
that with the written consent e all
directors, valid meetings Of directors
may be held outside the State or within
the State elsewhere than al its domi
Gle. All citations or other legal pro
cess shall be served upon the President,
nr IN ease Of his absence, upon the Vice
President, or in the absence of botl
these officers, upon the Secretary of the
corporation.
ARTICLE FOUR.
The objects and purposes for which
this corporation is established and the
nature Of the bushes sto be carried on
by II are hereby declared and specified
to be, as follows, to.wit:
To hold, own, sell or dispose Of, trade,
zeal IN deal with ali and in all articles
Of commerce, at wholesale OF retail, to
carr" on all or any part Of the business
Of manufactures, merchant, trader. I'M
porter. exporter, and dealer in goods,
wares and merchandise Of every descrip-
toa: 10 purchase, own, hold sell eX-
change. bulldupud, rent and mortgage.
real estate, improved and unimprovei I,
rural or urban, especially 70 conduct
and carry on a general mercantile bis.
mess, wholesale and retail, and general.
~ to do any and all things and exercise
any and al other powers which are now
or may hereafter be permitted by the
Jaws Of the STATE or Louisiana relative
70 the organization Of coroorsti0ns.
ARTICLE FIVE.
The business and affairs Of this cor
poratlon shall be managed by a Board
II -Four AZ Directors, and all of the
powers Of this corporation, without res.
friction, shall BE- vested in and exer-