The St. Charles herald. [volume] (Hahnville, La.) 1873-1993, 1919-09-13
UNITED STATES OF AMERICA
STATE OF LOUISIANA,
PARISH OF ST. CHARLES

|
| B-t"re me, o US H She ton. No
tsry Public in and for the Parish Of
st. Charles. duly commissioned
ard gu lifted and in The pse<e,c-
# the Undersigned witnesses. here.
insfte' named and IN d + icned
fp:rsonallv tame and appeared the
paI les whose nemcs ale hereto
Subscribed ali Of fail aye who de.
clare that availi1g themselves Of
he provisions Of the laws of
The State Of Louisi.n /, relative TO
I ri"rAt'ons and particular Act
| No. ron Of the Gene. al Assembly,
! Of the Sta,e of Louisiana for The
wear 1914. they have cuvenant, q
and sgrr.d and do bv these pres
ents { 'venaut AMI agree and Lind
them selveSas well as such other
persons as ma, hen esflrr become
associated with them to form nd
constitute CO poIatl, AMI body
poitic in lav for he purposes anu
"hJects and un .er the stip .letion>,
articles, conditions md sg ee-
nen:s tol owing 10 wit:
ARTICLE l,
The name and title Of the said
corporation shall be, DESTRA-
HAN MERCANTILE CO, INC.
and under iii corporate name
it shall have power to contract sue
and be sued to make and nse co,
porate seal and tle same to alter
and break at Will; to hold, receive
purchase, convey, borrow pledge,
mortgage aud nyrothecate. unaer
It's SAID corpora name property
both real and personal and gener-
ally to do and perform all acls and
things perm.tl,d by law or as
snail ormay be necessary and pro.
per to carry out the OBI cts and
purposes If the said Corporation.
ARTICLE 2.
The Obi tics and purposes fol
which this corp ration IS organic
I'd and the nature Of the business
to be carried on by it are hereby
declared 10 be the following, to-
wit:
To buy. sell exchange and ot|.e r-
wise deal in goods. wares, and
merchant Sc; to supply and fur
nl>l. ships, boats and other water
crafts with supplies and equip
nent. furnishings and fittings. to
manage conduct and operate a
general VIII ,lesaIe and retail mer-
chandise business and to act as
Ship { handlers and generaly to
do and perform all acts incident
or come cted with the concuctior
OF general merchandise and
Ship Shandles business and to es
tabiisn in the discretion OF the
Boa d Of Directors as many brauch
Offices or stores as said Board
may consi1er necessary for the
purpose Of coiduct,on the above
bushes.
ARTICLE III.
The capital stock OF this corpor
alton is hereby fixed at the stun
Of Fifty Thousand doiIa' s. ($5p 900
oo). divided into Five Hundred
I 5o, shares Of One hundred Dol
lars ,($ioo CO ssca PAYABLE in cash
or its equivalent as the Board of
Directors may elect all shares of
stock shah l,e ipfl pad and nom
assessabse.
This corporation sh II be au-
lhorized to do busin. SIS wien
Twenty-Five Thousand Dollars.
($s5 900 oo). of its capital stock
has been subscribed for and paid
in as above provided
No stakeholder shall have the
right 10 sell, or o.hrrw Use dispose
OF his ock in IT. is Corporation
with Ut first offering the same to
this corporation and to the Indivi-
qua, members of tins Corporation,
al the took value ,her ,of aud tn S !
corporation is authorized 10 pr
Chase tn Said STOCK al tie il
buck Va ne Tor tie beutJlt OIL tie
otilci ST Ckho.d ert OF the COZ por-
alton. Should the corporation de-
cll.e to Lu. chase said stock the
s,OCkho der Shall have the ght
to offer said stock iGr safe to any
otner person or persons him or
coipoidtiOn
ARTICLE ".
The doml.lls vi he within Cor
por ton IS hereby fixed a. Jest a. ,
ian III the Parish of Saint charles
tate Of Lou Siana, uEd unle soon
Ell ass lived, shall exist toe d pc
rod OF Ninety (9s) years
from and af.er The da:9 hereof
l lie president AID in his absence
The v cr-p, eS, dent shan be he
proper prrs N upon whom Citation
u other legal process Shall be
S.iv, dc