Bogalusa enterprise and American. (Bogalusa, La.) 1918-19??, 1918-11-14
CHARTER
United States of America,
State of Louisiana,

Re IL known that on this day, be
fore me. G. Ellis o., a Notary Fuo-
lie in and for Washington rarlsh'
Louisiana, duly qualified, and IN the
presence of the witnesses herelnatteF
FAMED and undersigned, personally
came and appeared Edward r: Gas
sidv.. A. N. Dobbs and Jay U. Ward,
all residents of this parish and OF
full age. who declared that, awaiting
themselves of the laws o. this state
relative to the organization of cor
porations. and especially of Act NUM-
Der 267 of 1914 of this state, they
have covenanted and agreed and by
these presents do covenant, agree and
stipulate and bind themselves, as well
as such othr persons as may become
associated with them, and do form and
constitute q corporation and body po-
litic in law, for the purposes and OBJ
jects. and under the stipuiations and
condition following, to-wit:
ARTICLE I
The name and title of said cor
poration shall be Getty Mercantile
Company, Inc"
ARTICLE ii
Said corporation shall have power
to sue and be sued; to make and use
a common seal and the same to
change ana alter at pleasure; to ac-
quire, purchase, hold, lease, grant,
sell, pledge, mortgage, cucumber and
handle generally all kinds of prop
erty, real. personal and mixed; to
make bylaws, rules and regulations
not Inconsistent with this charter or
the laws OK this state; to appoint such
officers, agents and employees as its
business may require and fix their
compensation to wind up and dis
solve itself; and to have such powers
generally as is conferred by law on
corporations
ARTICLE III
The object and purpose for which
this corporation is organized is here
by declared to be the following, to-
wit:
To buy and.sell, at wholesale or re-
tail, for cash or credit, ali kinds Of
goods, wares and merchandise, chat
tells, live stock and all kinds Of per-
sonal property; to purchase, hold,
lease, owh, mortgage, pledge, sell,
convey, improve, and handle all man
'ner Of property, real, personal, and
mixed; to establish ana operAEe one
or more branch stores and places of
business in Washington Parish,
Louisiana, or elsewhere as permitted
BY law, Oh Che board of directors may
deem fit and generally do ali the
acts ard things necessary, incidental
and proper in carrying out the pur-
poses and objects of this corporation.
ARTICLE w
The capital stock of this corpora
ton is hereby fixed at the sum of
Ten Thousand Dollars tS10,000.00),
of which amount the incorporates
herein have subscribed for and paid
in the sum Of Five Thousand Dollars
l$5, 100000 of said capital stock as
hereinafter stated This corporation
shall be a going concern when Five
Thousand Dollars (S5,000.0Ol Of its
capital stock is subscribed and paid
for.
ARTICLE v
Az any time during the existence
of this corporation the remaining
stock, not subscribed, may be issued
to the ine3rporators herein, or to fu- I
tuTe purchasers Of the stock, on the !
payment 10 the corporation of the
then value If the stock as determined I
by the board of directors, either in
cash OF Tor property actually re- /!
ceived BY The corporation satisfactory.
10 the boslrd of directors. No fur I
ther stock shall be issued beyond the
capital stock as herein fixed without +
an amendment of the charter.
ARTICLE WI
The capital stock Of this corpora
tion shall be divided into and repre-
sented by one hundred shares 600
sharesl of the par value of One Hun 4
bred Dollars ($i00.00) per share. No
share of stock shall be is
issued. Ash stock shall be preferred 4
stock, and each share issued shall par
ticipate equally in the dividends.
ARTICLE VII
The dop1tcile Of this corporation is
hereby fixed in the City of Bogalusa, Il
Louisiana, where all meetings Of the
board Of directors shall be held, pro- (,
gided that, with the written consent |
d ali directors, such meetings may
1e held elsewhere. All legal process
hail be served on the president, and (
4 his absence on the vice-prsident
md secretary, or any one of the di-
'ectors.
ARTICLE VIII :
This corporation shall continue for
he period Of ninety-nine years, un-
ess sooner dissolved in accordance
With the provisions Of this charter,
r the laws If this state.
ARTICLE TX
All the affairs Of this corporation
hall be managed and conducted by S
board Of three directors, who shall
ave full power to manage the af-
airs Of the corporation and pass such I
ules, regulations and bylaws as they i
eem proper for the conduct of its q
usiness. They shall have fun power 6
, appoint all agents, managers or
mployes, and confer such power on s.
sch director and officer as they G
eem necessary. A majority of the c