The St. Mary banner. (Franklin, Parish of St. Mary, La.) 1889-1931, 1920-03-13
CHARTER or
Silvermah d Bernstein, In
corporated.

and Tor the P6ricn OF o. "hdJs Ss"to
Louisiaps. therein residing, and in the
presence Of the witnesses hereinafter
named and undersigned, personally came
and appeared the persons whose names
are hereunto subscribed. all OF the in'l
age Of majority and residents 81 the
Parish Of st. Mary and Orleans, Louis
lana, who generally declared that avail
ing themselves of the provisions OF the
Act of the Legislature OF the state Of
Louisiana. being known as ACT z6' OF
the Session Acts of 1914, they do, by
these presents, covenant and agree and
bind themselves ss well as such other
re,scna as may become hereafter hsso-
ciatrd with them. in order to form and
constitute a corporation and body polite
in law, for the objects and purposes.
and under the s,ipulations following
TO wit:
ARTICLE l.
The meme and title Of this corporation
tha,l he "sILvERMAN g. BERNSTEIN.
INCORPORATED,' an IL ehall have
and enjoy succession and existence for
ptriot, Of ninety mine 1891 years from
date hereof. 1t shall have, enjoy and
possess all the powers, rights. privI-
ire.s and immunities accorded to cor
porations under the law.
ARTICLE II.
The dcmi.ile Of this corporation shall
he in the Town OF franklin, Parish OF
81. MARY. State Of Louisiana, where all
the citations and other legal process
shsil be served upon the President. and
In The case of his absence, upon the
ice.Preeiden,. ard IN case OF the alb
eence Of the Vic. President, upon the
Secretary Treasurer thereof.
Article III.
Tho objects aud purposes for which
this corpiation is established aud the
nasuse OF the business to be carried on
By Il, are hereby declared to be as fol-
lows, to-wit:
1. To establish and conduct general
Department store.
3. To carry on all or any OF the
Wholesale and retail businesses OF dry
goods merchants. dry goods manufac'
iu,ere, furriers, haberdasbers, hosiers,
manufacturers, exporters and importers,
wholesale anil retail dealers OF and 10
nj kinds VI fabrics. feathers. dressers,
boot and shoe makers; manufacturers
end importers and wholesale and retail
dealers of and in leather goods. house
hold furniture, irOnmongery, china and
glassware, crockery and other house.
hold fittings aud utensils, ornaments,
bfic.a-brac, stationery, notions and
fsnr, goodp; dealers In meats and pro-
visicns, drugs. chemicals and other ar,i-
cles and commodities of personal and
household nsr and consumption; ana
gems rally III and in all manufactured
goods, materials, provisions and pro-
0uce and personal property.
3. To buy. sell, manufacture, rspair.
alte, and exchange, let or hire, imprrt
snd Export, and deal in all kinds Ut att
cles and things which may he required
for the purposes of any nf the said bust
nesees. or cnmmonly supplied or dealt in
by Persoss Engaged in any such bust
nese~s, or which may seem Capable I'll
beinx proftably dealt with in connec-
ton with ANY Of the said businesses.
ARTICLE Nv.
The capital stock of this corporation
ehall be Fifty Thousand $50, 0O0.00
Dollars, divided into Five Hundred
(SOO, Shares Of the par value of One
Husdred l9t0O.00) Dollars each. No
. transfer OF stock shall be binding upon
thas corporation unless same appears up
% the books thereof.
Aay stock holder shall have the right
- 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 company
sHd the other stockholders, who shall
= have the FIRST privilege Of purchasing
same, after which ten days notice the
saiA stock may be sold in open market.
The capital stock of this corporation
may be Increased 10 the sum of seventy.
five to75, 600 0t0 Dollars.
The Board Of Directors shall have the
right u determine how and when treas
ury etook shall be issned; provided, that
said treasury stock shall be Issued for
cash or other valusble consideration aud
never less than at par.
ARTICLE v.
The corporate powers of this corpor.
alton shall be vested in . Boaid of Dir
ectoEs to be composed Of Three a. Dir
ecton, two (2) Of whom shall constitute
. quorum for the transaction of bust
ness, 10 be elected BY the stockholders
al general meeting 10 be held on the
Gf0t Monday OF January. in each year
Notice Of such. election shall be given
and delivered personally or BY deposit
ing IN he postoi6cs. properly addressed
10 each stakeholder at least fifteen (l5)
6sls before such meeting.
The 6bsyd Of Directors eba)l have the
peWes 10 0ske al by.lAws, rules and
ssQGJttlOhs nscreeary fsr the condaes IT
The to1tuess aHI sfxirs OF esid corpora.
tisa, 1pd shsil elect from their number
= Hkst6nts ) vice-President, and 4
Se0s1tak3 SxSeAsOrer.
UAan the eacatioa 10 be. held N here
toabdSe provided, the following shall
copeal1vte the Arst Board Of Directors,
tosUit:
Me-: rNssoelce Address
1ne4 StNesnan, Ffsnkkn Louisiana
nnAkn ErN,.lr tn. ~Sms4nno