The St. Mary banner. (Franklin, Parish of St. Mary, La.) 1889-1931, 1920-04-10
CHARTER or
THE ElSELE CO., INC.

MARY. State of LOUISIANA, personally
came aud appeared, Mesrs.:
John Elsie, of Franklin, La.
Eugene H. Darnall, of Franklin, La,
Duval 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, ana
particularly Of the provisions OF Ac;
90, of the General Assembly for the
year 1914. they had and do by these
presents, covenant, agree and organM'
themselves, and those who may here
after become associated with them, As
corporation and body polite under the
following terms and conditions c"hs'l
tuting their charter.
ARTICLE I.
The name of this corporation shall be
THE EISELE 90, INC, Under which
name it shall have corporate exlstcnc"
and succession for the period of Nine
ty-nine 800 years from the date here,
Of, unless lawfully dissolved.
ARTICI y w.
The PURPOSE for which this corpora
ton is formed is:
4. To engage in the mercantile busl.
ness, wholesale or retail or both, and
10 buy and sell any and all kinds Of
goods, wares. merchandise, personal or
real property, either wholesale or re-
tail or both.
.. TO establish and conduct one or
more shores for the sale of such prod
nets at such places as it may elect, and
either in the same building or in differ
ent departments.
2. 70 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
aud importers and wholesale and retail
dealers of and in leather goods, house
holt furniture, ironmOngery, china and
ola, swnre, crockery and other household
fittings and utensils, ornaments, bric-a-
hrac, 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
rails, 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 which 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 a corporate seal
and the same to break or alter at pleas
urc; 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 hypotheeate the same,
subject only 10 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 10 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
rs 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 If Directors, consisting of not 4
less than Three (3), nor more than
Five (5) stockholders of the corpora |
tien. A majority of such directors3
shall compose a quorum. Said Board of
Directors shall elect President, Vice
President, and Secretary Treasurer from
among their number, together with such
managers and subordinate officials as
in their Judgment may he necessary, all
II said officers and agents to have such
powers a. said Board may delegate to
them by general bylaws, or special res,
buttons, 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 Board |
shall be filed by the remaining mem
bers.
Until the first stockholders meeting
in 1921, the Board of Directors of the |
company shall consist Of:
John Elsie, of Franklin, La,
Eugene II. Darnell, of Franklin, La,
Duval Hebert, of Franklin, La,
H. II. Dinkins, of Baldwin, La,
with such additional members as they |
may elect, which board shall meet i'm
nsiiateiy after the adoption of this act
Of Incorporation, ut the domicile of the
company, and eject the officers for the
remainder VI The business wear. and 6il |