Abbeville progress. (Abbeville, Vermilion Parish, La.) 1913-1944, 1920-06-12
CHARTER OF
BROUSSARD, LABRY, INC.


nco,cs hereinafter named and under
signed:
Personally came and appeared tn,
several persons whose names are here
unto subscribed, all above the fun az,
of majority, who scNerally and mutual
~ declared unto me, said Notary, that
ayailing themselves Of the provisions OF
the laws of the State OfLouisiana, rel
ative to the organization of corpora
tions, especially Act No. 267 Of Genera
Assembly OF Louisiana for the year
1914, they have covenanted and a
greed, and do, by these presents, coven
ant and agree, for themselves, THEN
successors and assigns, as well as al
such persons as shall hereafter become
associated with them, to form tAem
selves into corporation or body poll
tic in Jaw, for the objects and purposes
aud under the stiPulations and condi'
tions Of the articles hereinafter sci
forth.
ARTICLE /.
The name and style Of this corpora
tiou shall be the BROUSSARD LABRY
INCORPORATED, and as such it shall
ence by its corporate name for a peri d
Of nI.e;y-niue \99) years from the date
hereof, unless sooner dissolved accord
ing to law and the provisions OF these
articles; il shall have power and author
ity 10 contract, sue and be sued, and
make and use a cOrOrate seal, and the
same to break aud alter at pleasure;
to hold, purchase, lease sell mDrtage,
hyputhccate, exchange, convey, or
pledge, property, real and personal, or
mixed, necessary, incidental or proper
for the carrying on of its business; 10
to buyand held stock in any company
or companies that may assist this com.
panv in its objects and purposes t.
make and issue notes and certificates
Of Indebtedness; to name, eject, and
appoint managers, directors, agents,
clerks Of other employees TO properly
conduct its business; to make and es-
tablish such bylaws rules and regu a.
tious as may be found necessary or
desirable for the management of tle
business and affairs of the corporation,
and generally to DO all, and every other
act, matter or thing necessary for to
complete and proper carrying out Of
said business,
ARTICLE 2.
The domicile of said corporation shall
be Mt Abbeville, in the Parish of Ner,
million State of Louisiana. where all
meetings of stockholders, or directors,
shall be held, provided, that with the
written consent of all tae directors,
valid meeting of directors may be held
outside the State or within the State
elsewhere than at its domicile. All
citations or other legal process shall
be served upon the President, or, in his
absence, upon the Vice President, or,
in case of the absence of both Of These
officers, upon the SecretaryTrssurr Of
this corporation,
ARTICLE 3.
The objects and purposes for Watch
this corporation il orgaiised, and the
nature Of the business to be earned on
by it are stated and declared to be as
follows, to-wit;
First; To buy, sell and deal in, at
wholesale and retail, dry goods, notions,
clothing, wearing apparel, and texitle
fabrics Of every kind, hats, cans, boots,
shoes, furnishing goods, fancy goods,
and merchandise of like character and
description, and to conduct the business
of general drygOods and clothing mer-
chants, taiIors, drapers, haherdB shets,
and general outhttersi
Second To carry on a general hard.
wac business. including the pur chass
and sale of ell kinds Of hardware, at
Wholesale or retail
Third: To buy and sell groceries
Fourth: TO buy, sell and deal in all
kinds of machinery, engineering and
hardware specialties, gasoline or gas en-.
gines end motOrsI steam engines. boil.
ers, electrical motors, fixtures and ap.
planes, automobiles and automobile
supplies and accessories, vehicles, wa
gons, Implements, tools, etc.
Fifth To buy, sell and deal in mil
linery, fatehers, ribbons, hosiery, artif-
cial flowers and other millinery special
ties,
And generally to carry on a general
mercantile or merchandise business, or
department store, and to purchase, sell
and deal in such goods. supplies and
merchandise NJ arc or may be sold In
general department stores.
ARTICLE 4.
The capital stock of this corporation
is hereby fixed at One Hundred Thotis-
and (sl00,000.00l Dollars, divided and
represented by one thousand shares, Of
the par value Of One Hundred ($t0O.UOl
Dollars, per snare. fifty per centum of
which stock shall be subscribed befors
fling these articles Of Incorporation for
recOrdation in ths office of the Clerk
and Recorder of Vermilion Parish, La,
and which fftq per centum shall be
actually paid before this corporation
shall engage in business, and the re,
naming fiftq per centum e the stoc k
shall lie suhs ribbed and paid for within
twelve months of the signing Of These
articles of Incorporation. The stock f
this co~porai shall he represent d ly
certificates, and shall 6 personal prop.
erty. I form Of the certificates shall
he determined b. the Board Of Direc.
FRS, and sig4cd by the President and
the Secretary, and sealed wi h The seal
IF the corporation, if one is adopted
and sAal be 'ansicyable in the manner
prescribed by law,
The capital sock of this corpora ion
may lie increased, Ia the manner pro
vided hcreinaf, err, TO the an unit Of
Two Hundred Thotsand 100000
DoilHrs.
No stock or bond Of this corporation
shall be issued except for labor done
services rendered, or money or property
actually received.