The St. Mary banner. (Franklin, Parish of St. Mary, La.) 1889-1931, 1920-04-03
CHARTER OF
Slovenian d. Bernstein, In
corporated.

February, in the year Of our Lord
Nineteen Hundred and TWENTY, before
me. Rene Fl. Himel. a 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 hereunio subscribed. all OF the full
sge Of majority and residents Of the
Parish of -. Mary and Orleans, Louis
lana, who severally 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 as well as such other
persons rs may become hereafter ssso-
cistcd with them, in order to form and
constitute corporation and body polite
in law, for the objects and purposes
and under the slipulations following
to. wit:
ARTICLE T.
The meme and title of this corporation
shall he "SILVERMAN IL BERNSTElN.
INCORPORATED,' an 1t shall have
and enjoy succession and existence for
period of ninety-nine (99) years from
date hereof. 1t shall have, enjoy and
possess all the powers, rights, privi-
legcs and immunities accorded to cor
poratiOns under the law.
ARTICLE II.
The domi.ile Of this corporation shall
lie in the Town of franklin, Parish OF
ST. Mary. State of Louisiana, where all
The citations and other legal process
shall he served upon the President. and
IN the case of his absence, upon the
Vice President. ard in Case Of the alb
sence of the Vic.-Presdent, upon the
Secretary Treasurer thereof.
ARTICLE III.
The objects and purposes for which
this corI"Iation is established and the
nature Of the business to be carried on
by il, are hereby declared to be as fol-
lows, to-wit:
l. To establish and conduct general
department store.
-. To carry OH all or any of the
h0lesale and retail businesses of dry
6ods merchants, dry goods manufac-
{ iurers, furriers, haberdashers, hosiers,
manufacturers, exporters and importers,
wholesale and retail dealers Of and in
boot and shoe makers; manufacturers
and importers and wholesale and retail
dealers of aud in leather goods, house
hold furniture, ironmongcry, china and
glassware, cr0ckrry and other house
hold fittings and utensils, ornaments,
bric-a-brac. stationery, notions and
fancy goods; dealers in meats and pro-
visions, drugs, chemicals and other arli-
Giles and commodities of personal and
household nse md consumption: and
generally OF and in all manufactured
goods, materials, provisions and pro-
duce and personal property.
3. To buy, sell, manufacture, rspa;r,
alter and exchange, let or hire, import
and export, and deal in oil kinds Of arti-
cles and things which may be required
for tie purposes of any OF the said bust
nesses, or commonly supplied or dealt in
by persons engaged in any such bust
nesses, Or which may seem capable of
being proftably dealt with in connec-
ton with any Of the said businesses.
ARTICLE Nv.
The capital stock Of this corporation
shall be Fifty Thousand $3.50, 900 .0O)
Dollars. divided into Five Hundred
t5OOl Shares Of the par value of One
Hundred t$lO0.O Dollars each. No
transfer of stock shall be binding upon
this corporation unless Same appears up
on the books thereof.
Any stock holder shall have the right
to assign or transfer any share or shares
held by him, provided ten days. notice
Of such intention TO Bell, assign or trans
fer the same is given 10 the company
and the other stockholders, who shall
have the first privilege Of purchasing
same, after which ten days. notice the
said stock may be sold in open market
The capital stock of this corporation
may be increased to the sum of seventy
i've 1875, OO0. OU Dollars.
The Board OF Directors shall have the |
right to determine how and when treas
ury stock shall be issued; provided, that !
said treasury stock shall be issued for |
cash or other valu able consideration and |
never less than AT par.
ARTICLE
The corporate powers of this corpor-
alton shall be vested in Board Of Dir
ectOrs to be composed of Three (3) Dir
ectors, two (2) Of whom Shall constitute
. quorum for the transaction of bust
ness, 10 be elected by the stockholders
at general meeting TO be held on the
first Monday of January, in each year
Notice of such cleo ion shall be given
and delivered PERSONAL, or by deposit
ing 10 the posi' ific-, property addressed
TO each 81, rkh' ltr' al least fifteen IJ
days before such meeting.
The Board of Directors shall hsvc III,
power 10 make all b, laws, rules anl
regulations nec~ssary for the couduc ot
the business and affairs of said corpora
ton, and shalt elect from their numte,
. President, u vice-pr. siden,, aud u
Secretary I reasurer.
Until the election to be held AZ here