The St. Mary banner. (Franklin, Parish of St. Mary, La.) 1889-1931, 1918-06-01
AMENDMENT
TO THE
CHARTER
The CtntreyiIIe Mercantile Company,
Limited.

nssssssNWs
STATE OF LOUISIANA
PARISH OF ST. MARY.
Before me, Wilbur n. Kramer. Clerk q
the 23rd Judicial District Court, II Mar
Parish, Louisiana. ex-0tEciO a. NOtar,
Public thereof, duly commissioned ant
Qualified within and for said Parish an,
state, and in the presence Of the witnesse
hereinafter named end Undersigned. per
sonally came and appeared A. F. Ricaut
and H. s. Nordyke, residents of the Pari>l
of ST. Mary, State Of Louisiana, herein
I appearing IN their capacities as President
and secretary. r. octlvely. of 1.-The Cen
treville Mercantile Company. Limited" q
corporation duly organized under the
laws of this State by an Act of IncOrpOra.
ton executed by Isaac s. Wooster, No.
tary Public, ST Mary Parish, La. Janu.
i airy Goth. 1909, duly recorded in the Re.
corder's Office of the Parish of st. Mary,
in Book 5. of Mortgage, page 393. Entry
as amended by the stockholders thereof,
| March 3lst. 1911, duly recorded in look 81
of Mortgages. page SAB, No. 35,5ll, of date
April 18th, 1911;
Who declared that. ut meeting of the
stockholders Of 1.-The ,enireville I cream
tile Company, Limited" held at its domi-
ellie in the Town Of Centreyille. Ia. on
OF considering the amendment of the char>
ter of the corporation. held after due COM
pliance with all the provisions of law and
the charter of the said corporation, the
charter OF the corporation was amended
by the vote of each and every stakeholder
present or represented at said meeting;
And the said A. +. Rlcaud aud II. 3.
meeting, they were authorized aud di-
rected to appear before some competent
Notary Public, duly commissioned and
qualified within and for the Parish of st.
Mary, La, TO execute the proposed no.
tarial &C. and declaration of the amend.
ment OF said charter, az required nv law,
for the purpose of affOrdlng authentic
evidence and permanent record thereof;
Wherefore. the said appearers declared,
in pursuance OF the authority thus con.
ferred upon them, they do hereby declare
that. at the said meeting held May 18th,
1913, the charter of 1.-The Centrevilie Mer.
camille Company, Limited". was amended
as to Articles 4 and of said original act,
and said amended act Of said act of incOr.
pOratlon, so that said Article 4 and 5 shall
hereafter read and be as follows;
ARTICLE Nv.
Capital Stock.
The Capital Stock of this corporation is
hereby fixed at Seventy-tive Thousand
$40 OO.0O) Dollars, divided into and rep
resented by Fifteen Hundred l15nJ) shades
of stock. OF the amount Of Fifty ($5J Dol.
lars each.
OF which amount Five Hundred (5OO)
shares or the total amount Of Twenty five |
Thousand (@25.V0.00' Dollars has been
paid for in full and issued to the owners |
thereof.
Treasury Stock.
The remaining One Thousand (lOOO) |
shares belonging to the corporation, being
designated Treasury Stock, ;! to be issued |
rom time to time by the Board of Direc.
'ors to such persons and in such amounts
IS it may deem most advantageous to the
corporation; to be paid for In cash or other
consideration, when issued,
lever less than its actual value, as shown
~ the books OF the corporation, at the
late OF issuance and at no time less than
Is par value Of Fifty ($5C.OO Dollars per
hare.
Transfer of Stock.
1t any stock shall be sold by its owner
Q any one else, or presented to the officers
the corporation for transfer, it shall
rst be rendered by the holder thereof to
ne Board OF Directors of the corporation,
mo shall have authority to purchase :
anne at Its book or market value al that :
ate. to be considered as Treasury stock. :
nd to be sold by the Board of Directors I.
the same manner as hereinabove pro.
Ided for Treasury Stock; provided that
said Board OF Directors fail within a 8
eriod of one week, after said tender has '
zen made. to avail itself of its option to .
lrchase. then the owner thereof shall :,
ut full liberty to sell same other than
the Board of Directors, or to have same
ansferred to such persons as he desig>
tie. +
No stock shall be transferred except on
e books of the corporation. and the
'rs0n to whom the shares are so trans.
rred shall receipt for same.
On the death OF any stakeholder his le.
il representative shall be entitled to As.
me control of and transfer said stock to
) name.
ARTICLEv.
Board of Directors.
All the powers OF this CORPORATION shall
vested in and exercised by Board of
rectors, to lie composed Of not less than
rec or more than ten stockholders, to be
'cted annually On the third Wednesday
July OF each year. beginning on Wednes.
y, July 18th, 1915.
The stockholders before proceeding to
ct Board of Directors at each animal
'e.lng: shall fix the number within the
his above prescribed, majority Of
l0m snali constitute quorum. ALL
;l elections shall be held by ballot and
], az the ONCE OF said corporation
>~~A WV oOPVA slSaOuS VI LUrce Clmm!S. l
ners to be appointed by the Board Of
rectors. I
my vacancy occurring among the Di i
Tors, by death. resignation or othar.
'e, shall be tiled by election for the re-
inder OF the term Of the remaining hi.
tors: The failure to elect Directors
IN the date above specified sh an moi
solve the corporation nor impair its
porate management, but the Directors
~ Office shall remain TN ofica until
u successors are elected and qualified.
ong their number, President. = Vice.
'sident, Secretary aud Treasurer. the
GO OF Secretary and Treasurer can he
. 6y one and the same person.. The
Board may from time to time name
appoint all such other officers and