The St. Charles herald. [volume] (Hahnville, La.) 1873-1993, 1919-08-30

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j,EI OF ST., RI,

~ .hdi les, GUY fHNiEl>SlDHe-
aud 1u4itteu aud in b prsSeace
| II undersigned witnesses. acre
Iinaitet named and und r>igned
,p-r onalIr came and appeared The
pal les whose names ATE hereto
Subscribed ali OF full age WHO de-
clare ina, aya'iiIg themselves 1T
III provisions ot the laws OF
lnc State Of I.uu'sian !, reial've 10
Corporations aud particu AIRY ACT
NJ. 267 ii t! e Gene d AS ENJOY
.. the Sta,e of Louisiana for The
~ 1914. they have covenant q
q nj agreed aud DO Ov these pres
-rts covenant and aSree and L-an
emsclves.S we'll as su>h other
! r.:r>ons d, may hereafter become
/ q suCiatrd with them to form and
Constitute 1t CO poration and body
poIitic in Law for The purposes and
pjects and under the Stl pulations,
articles, conditions and sgfee-
| uen:s following to-wlt:
ARTICLE /.
| The name and title of the said
corporation shall be, DESTRA-
han MERCANTILE CO, INC.
and under is Sid corporate name
| it Shall nave power to Contact, sue
ana be sued TO make and .oe a COZ
! poraLe seal and the same to alter
! and break at will; to mold, receive
pure base, covey. UorIoW pledge,
mortgage aud hypothecate. unuer
its SAID corpora e name property
bolh real and persona! and gener-
ally to do and perform all actS and
things permitted by law Or as
snail ormay be necessary and pro.
pei to carry out Inc OBI Cts ahd
pur ,Juses of the said Corporation.
ARTICLE 2.
The objrtcs and purposes fol-
which this corporation Is organiz-
ed and the nature Of the business
to be carried on bv it are hel eby
declared to be the following. to-
wit:
TO buy. sell exchange and otler-
wise deal in goods. wares, and
merchant Sc 10 supply and fur
nlsL. ships. boats anl other water
crafts with supplies and equip
meut. furnishings and fittings. to
manage conduct and operate a
general uholesaie and retail mer-
chandise business and to act as
Snip I handlers and generally to
do and perform all acts incident
or come cted with the couGuCtion
OF a general merchandise and
Snip Lhandles business and to es
tcb'lsh III the discretion of the
Boa d OF Directors as many branch
Ottices or stores as said Board
may consiJer nee SSary for the
purpose Of conductor the above
bushes.
ARTICLE III.
The capitai Stock of this corpor
alton is hereby fixed at the sum
of Fifty thousand dolla's. l$5o 600
uo). divided into Five Hundred
5000 shares of One hundred Dol
lars $500 cc) -oc!. PAYABLE in Cash
or its equivalent as the Board of
Directors may elect al shares OF
stock shall he full pad aud non
assessabie.
This corporation sh II be au-
thorlzed to 90 BUSINESS wien
twenty-five Thousand Dollars,
(Szs 900 oc) OF its Capital stock
has been subscribed for apd pad
in as above provided
No stakeholder shall have the
right TO sci, or o.herw Use dispose
o. his ock in tits corpora,ton
With ut I,rst Offering tie same to
this corporation and to the indivi-
auai members OF TINS C.rpora,,on,
az the book value hereof and THIS
c ,rporaiion is authu,lzed TO pr
chase tn id SICK al the S Id
book va.ue tor tie UentJlt OF tire ,
Othes ST. ckho.derr OF tue corpor-
".ion. Should tue ccrporatiun de-
Cli..e to Iui chase SAID stock the
stOch ho der shall have the rgEt
to oi1er said Stock ;cr sale to any
otner person or persons finn or
Cuipoiatlun
ARTICLE ",
lie dOmtLu> ne Wltl in Cor
por' ton IS hertOy fixed a. = est,a-
ran III Tie Parish OF saint charles
tate OF Lou Siana, and unless soon
el dissolved, shaII exist tor pc
RCD OF N.nety-nlne (oy) years
{ ON and af.er the dasa n~Ieut.
/ lie president al. d IN his absence
he V.Cc-p es dent shAtl be he
proper person upon whom cllatl IN
Oh other legal process small be
s.ry. dc
ARTICLE v,
ne aiiai.o u mas corporation
suali DC managed Dy a board IT
Dtrectors Com -osed OF not bore