The St. Mary banner. (Franklin, Parish of St. Mary, La.) 1889-1931, 1920-03-06
CHARTER OF
Silvermah & Bernstein, In
corporated.


February, in the year OF our Lord
Nineteen Hundred and Twenty, before
me, Rene H. Himel, Notary Public, in
and for the Parish Of St. Mary, State of
Louisiana. therein residing, and in the
presence Of the witnesses hereinafter
named and undersigned, personally came
and appeared the persons whose names
are hereun,O subscribed, all OF the full
ago Of majority and residents of the
Parish Of ST. Mary and Orleans, Louis
isna, who sevcrally declared that avail.
ing themselves of the provisions of the
Act of the Legislature of the State OF
Louisiana, being known as Act 267 OF
the Session Acts of 1914, they do, by
these presents, covenant and agree and
bind themselves IS well as such other
persons As may become hereafter asso-
cisted with them, in order to form and
constitute corporation and body politi,
in law, for the objects and purposes.
and under the s,ipulatiOns following
to wit:
ARTICLE l.
The name and title of this corporation
shall be "SILvERMAN & BERNSTEIN,
INCORPORATED," and 1t shall have
and enjoy succession and existence for a
DCIIOu UA \COI yCoic 'AOh
date hereof. Il shall have, enjoy and
legcs and immunities accorded to cor
porations under the law.
ARTICLE II.
The dOmieile Of this corporation shall
be in the Town Of Franklin, Parish OF
St. Mary, State of Louisiana. where all
the citations and other legal process
ehall he served upon the President. and
in the case of his absence, npon the
Vice-President. and in case of the alb
sence of the vict-President, upon the
Secretary Treasurer thereof
ARTICLE III.
The objects and purposes for which
this corporation is established and the
nature of the business to be carried on
by 1t, are hereby declared to be as fol-
lows, to.wit:
l.. To establish and conduct general
department store.
2. To carry Oh all or any of the
wholesale aud retail businesses Of Dry
goods merchants, dry goods manufac
turers, furriers, haberdashers, hosiers,
manufacturers, exporters aud importers.
wholesale and retail dealers of and in
all kinds Of fabrics. feathers, dreSsers,
boot and shoe makers; manufacturers
and importers aud Wholesale and retail
dealers Of and in leather FOODS. house
hold furniture, irOnmOngery, china and
glassware, crockery and other house
hold fittings and utensils. ornaments,
bric.a-brac, stationery, notions and
fancy goode; dealers in meats and pro-
visions, drugs, chemicals and other arti-
clss mud commodities of personal and
household use and consumptiOn; ani
gem rally of and in all manufactured
goods, materials, provisions and pro-
duce and personal property.
). 10 buy, sell, manufacture, Ispa;r,
alter aud exchange, let or hire, import
Snd export, and deal in I'LL kinds If arti-
cles and things which may be required
for tie purposes Of any of the lid bust
ness.s. or commonly supplied or dealt IN
BY Persors engaged in any such huS;-
ncss<s, or which may seem capable II
beng prifitabiy dealt with in connec-
ton with any Of the said businesses.
ARTICLE
The capital stock of this corporation
shall be Fifty Thousand 1885,, 900. OU)
Dollars, divided into Five Hundred
l5tl0l Shares Of the par value of One
Hundred (Sl0O.0W Dollars each. No
transfer of stock shall be binding upon
this corporation unless same appears up.
on the books thereof.
Any stakeholder shall have the right
to assign or transfer any share or shares
held b. him. provided ten days. notice
Of such Intention TO sell, assign or trans
fer the same is given 10 the compa,,
and the o,ber stock holders, who shall
aAu0 lt. rat oil
same, alter which tel Gays notice H..
said stock may be sold j.. open market
The capital stock Of this cOrpui ati"D
may be increased to the sum Of seventy.
tive tS75. 900 OO) Dollars.
The Board OF Directors shall have the
right to determine how and when treas
ary stock shall be issued; provided, that
said treasury stock shall be issued for
cash Or other vslu able consideration and
nsver less than at par.
ARTICLE v.
Tho corporate pOwers of this corpor-
alton shall be vested in . Board cf Dir.
ectOrs to be composed of Three 81 Dir
ectors, two icy Of whom shall constitute
. quorum for the transaction OF bust
ness. 10 be elected by the stock huldels
ut general nesting to DO held on the
first Mon ny OF Janusry. in each year
Notice Of such Il elm shnl. lc given
and dcliv re, pei soDaIl. or b, denu>i,-
i"g ]" the post"tficc, properly ad,i,ess-,i
to each st"ckh, l.Iny A. least ti,,,eu ,I5,
day before surh meeting
The BG. ri II Directors shall have III.
peWrr 10 make a. bylaws, r..i,s AMI
regulations necessary for the run,iuo u,
the business and affairs OF said corpoia
tina, aid Ahali cleo, from their num,wr
= President, vice-Pr siden,, ami a
Secsetar, treasurer.
Until tho election to be held AZ here
1nabove provi ed, the following shall