The St. Mary banner. (Franklin, Parish of St. Mary, La.) 1889-1931, 1920-03-13
CHARTER Of
THE EISELE CO., INC.

Mary. State of Louisiana, personally
came and appeared, Messrs.:
John Elsie, of Franklin, La,
Eugene II. Darnal, of Franklin, La,
Duyal Hebert, Of Franklin, La,
II. II Dinkins, Baldwin. La,
who severally declared unto me, No
tary, that availing themselves of the
laws of the State of Louisiana, and
particularly of the provisions of Act
367 of the General Assembly for the
wear 1914, they had and do by these
presents, covenant. agree and organize
themselves, and those who may hero
after become associated with them, as
corporation and body polite under the
following terms and conditions consti-
tuting their charter.
ARTICLE |.
The name of this corporation shall he
THE Elsie CO., INC, under which
name it shall have corporate existence
and succession for the period of Nine
ty-nine 1897 years from the date here
Of, unless lawfully dissolved.
ARTICLE III.
The purpose for which this corpora
ton is formed is:
L. To engage in the mercantile busl-
ness, wholesale or retail or both, and
to buy and sell any and all kinds OF
goods, wares, merchandise, personal or
real property either wholesale or re-
tail or both.
2. To establish and conduct one or
more stores for the sale of such prod
ucts at such places as it may elect, and
either in the same building or in differ
ent departments.
3. To carry on all or any of the
wholesale and retail businesses Of dry
goods merchants, dry goods manufac-
turers, furriers. haberdashers, hosiers,
manufacturers, exporters and import
ers, wholesale and retail dealers of and in
all kinds of fabrics, feathers, dressers,
boot and shoe makers; manufacturers
and importers and wholesale and retail
dealers of and in leather goods, house
hold furniture, 'ironmongerv, china and
glassware, crockery and other household
fittings and utensils, ornaments, bric-a
brac, stationery, notions and fancy
goods; dealers in meats and provisions,
drugs, chemicals and other articles and
commodities of personal and household
use and consumption; and generally OF
and in all manufactured goods mate
rals. provisions and produce and per
sonal property.
4. To buy, SELL manufactured. re-
pair, alter and exchange, let or hire,
import and export, and deal in all kinds
of articles and things which may be re-
quired for the purposes of any of the
said businesses, or commonly supplied
or dealt in by persons engaged in any
such businesses or VI ich may seem ca
pable of being profitably dealt with in
connection with any of the said bust
nesses.
5. And generally to engage in any
and all other businesses, (other than
that of a public service corporation), |
have such powers to do and perform
such acts as may be permitted by law
to one corporation, as well as all other
acts incidental thereto.
ARTICLE III.
This company shall have power in its
corporate name to contract, sue and be |
sued; to make and use corporate seal |
and the same to break or alter at pleas
ure; to acquire property of all kinds
by any means whatsoever; or to hire,
or lease the same, as well as to mort
gage, pledge or hypOthecate the same,
subject only to such limitations as may
be prescribed by law; and in general
to do, have power to, or perform any
and all acts of whatsoever kind, Incl |
dental or usual to corporation.
In all matters not specifically pro-
vided for herein, this corporation shall
be deemed to have, possess and exercise /
any and all other and further powers
as may be given it by said Act 267
of 1914, or other laws of this State.
ARTICLE ".
The entire and full corporate power
of this company shall be vested in the
Board of Directors, consisting of not
less than Three (3), nor more than
Five q! stockholders of the corpora
ton. A majority of such directors
snail compose quorum. Said Board of /
Directors shall elect a President, Vice
President, and Secretary Treasurer from
among their number together with such
managers and subordinate officials as
IN their judgment may be necessary, all
of sad officers and agents to have such
powers as said Board may delegate to
them 10y general bylaws, Or special res
olut0ns, and to hold their office at the
pleasure of the Board of Directors.
directors may for single meeting
grant their proxy to any stakeholder or
other director. Vacancies in the Boarjl
shall be filed by the remaining mem
bers.
u"t1l Inc hrst stockholders meeting
in ls2l, the Board of Directors of the
company shall consist of:
John Elsie, of Franklin, La, a
Eugene H. DarneH, of Franklin, La, S
Duval Hebeft, of Franklin, La.
III. H. Dinkins, of Baldwin, La, II
with such additional members as thev
may elect, which board shall meet i'm q
me't'ately after the adoption Of this act .
OF incorporation, at the ticmmiIe of the 1t
company, and elert the affrers for the
rs,ra inster of the business year. and flu
any saeane les among the number.
ARTICLE v.
jhe annual stockholders neetinei
rfv>h H.. III