St. Tammany farmer. [volume] (Covington, La.) 1874-current, 1918-07-20
CHARTER OF THE
DENDINGER MERCANTILE COM.
PANY, INCORPORATED.

DENDINGER MERCANTILE COM
PANY, INCORPORATED.
United States of America. State OF
Louisiana, Parish of
Orleans.
Be it known, that on this 18th day
OF the month OF July. in the year
: 1913, before me, Jacob .. Dresner,
Notary Public, duly commissioned
and qualified in and for the Parish
OF Orleans, State OF Louisiana, and
in the presence Of the witnesses here
matter named and undersigned,
j Personally came and appeared the
several persons whose names are
hereunto subscribed, who severally
declared that they are all OF Lawful
age and that ayailing themselves OF
, the privileges OF the statutes and
! laws OF the State OF Louisiana, rela-
/ tive to the formation OF corporations,
and particularly Act No. 267 of the
session OF the General Assembly OF
the State of Louisiana. OF 1914, they
have covenanted and agreed, and DO
10y these presents covenant and agree
and bind and obligate themselves, as
we'll as all such persons as may here
latter become associated with them,
to form and constitute body corpor-
ale and polite in law, for the OBJ
jects and purposes, and under the
Istlpulations and provisions follow
ing, tO-Wit:
ARTICLE l.
The name and title Of this cor
I poration shall be the Dendinger Mer-
! camille Company, Incorporated. and
! under that name shall have and en-
JOY all the rights, privileges, and adj
yantages granted by law to corpora
lions, and shall have the power and
authority to enjoy succession and
corporate existence for and during
the period of ninety-nine years from
the date hereof, unless sooner dis
, solved in the manner hereinafter
provided for.
Said corporation shall have power
and authority to contract, to sue and
be sued, to make and use corporate
seal, and the same to break, alter or
amend at pleasure. to hold, receive,
purchase, convey, deliver, mortgage,
hypothecate, and pledge, any prop
erty, real or personal, and to issue
notes and other obligations, negotf-
able instruments, or other evidence
OF debt; to have and employ such
managers, agents and other en-
ployees as the interest and convent
ence of said corporation may require
or demand and to make and establish
such bylaws, rules and regulations
for the corporate management and
control Of its affairs as may be deem
ed necessary and expedient.
ARTICLE II.
The objects and purposes for which
this corporation is created are here
by declared to be the operating of a
general merchandise store, buying,
selling, and manufacturing any and
all kinds Of merchandise, food stuffs,
and any and all things, articles, or
materials that In any way make up,
enter into, or are used for, the manu-
facture or construction OF such
articles or are used In connection
with, or as accessory to such general
merchandise business; and buying,
selling. renting or leasing, managing,
and III any way disposing Of any mer--
camille or. allied business or bust
nesses and generally to do any and
all things and acts whatsoever nee
essary, Incidental to, connected with,
or relating to the transaction Of the
said business OF the said corporation.
- ARTICLE Ill.
The capital stock OF this corpora
ton is hereby fixed at Twenty-four
thousand ($24,000.00) dollars, di-
vided into or represented by two
hundred and forty (240) shares OF
the par value Of One Hundred
($100) Dollars each, and when issu-
ed shall be paid for In cash or prop
erty or in the equivalent thereof.
No certificate Of stock shall be issu-
ed until the same shall have been
paid for. The stock shall be evil
denced by certificates issued and
signed by the president and secre-
tary. All shares Of stock. shall be
issued as full paid and non-assess-
able and no transfer of stock shall
be binding on eaid corporation, un-
less recorded on its books.
No stakeholder Of said corporation
shall sell his stock to any person not
already stakeholder, until he has
first offered 1t for sale during
period of thirty days to the then
stockholders of the corporation at it's
then book value, and any transfer OF
stock made in violation Of this pro-
vision shall not be recognized by
the corporation.
The capital stock OF this corpora
tfon may be increased to Fifty Thous-
and ($50,000) Dollars, by vote OF
two-thirds (2-3) OF all of the issued
stock Of this corporation, at a special
meeting called for that purpose after
fifteen l15) days notice of su h meet
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