The Caucasian., 1901-01-27
CHARTER
os the Britt Grocery Company
Limited.


ennp of the witnesses herelnstrr uAMsn
peraonally came and appeared ~, ~ II
5,it, Maiion =, CurrIv and William l.
y .jtf ali OF adfo parish. iouist'na, wh
de a ed that avai'ing themselves OF u
,,roy,s,ous IF Act No 80 OF the Seber y
Assembly Of the state OF Lou's 'hs,
rrov-o Juoe 20 h, 1SSS, as we as those OF
no general laws of the State relative 10
q oroapiz alton Of cOrporatlGns, they
have formed and do by tbs SC pre- esent' form
anS orgauIzs themse.Y yes anf such DINERS
As nav herea 4 rbe joined IN them, lhlo
a corporstlon for the object anc purposes
md undor thu stipulatl ms hereinafter SET
forth, which they do b reby accept as tnelr
charter, to-WH:
ARTICLE L
The name and title ot ssid corpor ton
shall be the BRITT GROCERY CON
NY, LIMITED, and by that nam u shsil
erioy succession for the term OF ninety
nine years ir III and after the date hereol'
ARTICLE IL.
Toe Gomicile OF said corporation shall 6e
in the Citv of Shreve OFT, in the parish OF
Caddo, state OF Louisiana. and all cite
ticn- and legal Process shall be served on
the President OF said corporation, ana IN
case OF his absence upon the Vice Presi-
dent, and in case of the absence OF Goth
upon the cretary-Treasurer or an en-
ploye at the o ice Of said corp )rati0n.
ARTICLE Ill.
This corporation shall have power and
authority TO contract. sue and be sued ID
its corporate name; to make. adopt and
sc a corporate sea-. and same to br3ak
and later at pleasure; 10 hold, receive.
nc quire, purchase, lease ana convey and
sei, as well as mortgage, pie ge and
hypothecate under Its Aforesaid name,
property. both real and personal; to name
and appoint such managers, directors.
Oh GERS, clerks and agents as it's interest.
purp.sls and convsnienees may require;
to make and establish such by-laTs, rules
and regulations for the conduct and m ar :
agements of the affairs OF the Corporation
as may be necessary and proper, and the
same to after and change at pleasure; t.
borrow aud le0d money on real estate or
other security, and gener. ly to 90 and
perieTm all s1ch actS a d things as m ~
be nece ,sarv, desirable and pfbUer ~
carrying out h. purposes ard obi Tor
which thus COrpo atioa is oresleI: AID
said corporation snail p0ss Sc ali The
rights, powers and PRIV ,ges now acc RI
eu TO corporate lns uuder toe la. or that
may hereafter be aecOrC ed tnsm by law.
ARTICLE ~.
The object of tAis corporation and tie
purposes for which 1t is created and fs-
tabisned, and tue nature of the bu-ineSs
10 be carried on by it, hereby 6eclsrsi o
be as follows: To conduct and carry on a
retail grocery and liqu1r business, and
generally to do a. other such thiag- as
sre per t1ent to, or connected WI the
OBJ Jlcts OF this co poratiln
ARTI Lev.
The capital stock OF this corporation is
hereby nxed at SIX Tnuus ~ Dollars
(.6OOO OOl, to be divided intI sixty (GO)
mares o. tue oar Valus -. o Hundred
Dollars (Sl00 .00l each. and the company is
authorized to begin business when rty
t40) shares are subscri ed for aud heir par
value paid into the treasury OF the com
pany in &C SD or its equiv tient whel sut -
sc loec for. or be stocN my he issued 1T
It less than its par value for property
purchased, and the said capital stock NAV
increased 70 Twenty We Ihous md
ID blla's SIS CO0) ia the m amer provided by
J"e laws of the tIte Ms set fJrtA in Act
No. l9s )f the cts OF the General Assem-
by oi the otate oil Louisiana pissed iu
1878, or as the same my De hereafter
ame ndeJ.
ARTICLE vi.
All corpporlte powers OF said corporation
shall BE- Yssts in board IF directors. o
De composed OF the stockholders, VIII q
6oIIu shall be elected annually on ihe fret
tuesday IN Janulry of each year, be -
".
tMo (9) OF wDom sha constitute a q iolum,
u ies' tbe board be increased to sewn,
tn four shall constitute a q 'otum,
he first board is Ctclir ired tn he
Waiter X Brit, Marion L. Cu1ie and
William f. Bflttt with Walter x BrIu.
president, Marion L. Currie, ,ice-pTesident
4td w lam +. Britt, secretary TREASURER.
the slid board to serve until ;he fl at Tn ,r
usy in January, 1902 or until their sut.
eessors are duly elected thereait r nrl
vided that the beard OF diec,)rs NAV ba
II creased to seven by vote OF the stool
olders alter due notice.
The dir ctors shall be elected bv the
stockhoIdsrs aud each share OF stock
snail be entitled 10 one % vJte, to be cal
by its owner in person tr proxy, and
oil YOtt cast shall elect
lhe board OF directors may MAKE All sueb
oy-la"s ana regulations Tor the MANAGE
ment Of the business as they NAV dee.,
nc ecessary, and amend aud alter same.
tbey shall nave power t. contract deb ..
borrow money. Issue bills of exchange
uOleF, aeGeptanees, execute mo -tgqgss ana
gene ally d. ali IA ugs inctuent TO the oil
lects aud purpoles tf be SAID o9rpor.tton
anu shsll uesl snate the powers OF the dtf-
leient OH ers lot otherwise provided
herein.
ARTICLE VII
This charter may be modified. cha-ge
or altered, or said corpor alton dts.oiyed
I'd the consent of two-.hisds (1-8 H.
amnu't Of the capital stock, renresanied
AZ any general meeting OF the stocA holders
20 ven fOr that purpose, after ten fIn1
lsys pre- notice OF sand meeting sbsJ, |
IA been published in one of the dsIIv |
newspapers OF the city OF Shreveport.
whenever this corporation is dissolved |
oY limitation or from any other cause. ire |
idalrs shall by Iiquldated by two ~ cor,
o ssloners elected by the stnekholders
VINO snail have full pO wer to W nd nm its |
nalrs, dispose OF its asset settle ,ts |
lselltle3 and distribute ths ptoceads |
am ng the stockholders, P'"'
ARTICLE VIII,
No st9ckholder shall ever he habIe f,r
ne contracts or faults of aaid corporation /
o any further sum than tn, un6sid ho
sace que the company on shares of stosk
no snare OF stock shall be transferrad
eld or disposed OF without the stoctboI5
rs tirst giving thirty (3OC Gays notice IN
"IItlng TO the other stock holders and Of
wing them the privilege of first purebas-
suen stocs at Its actual value.
All sales or transfers of stock to he valid
nusI hrst De made oD the books Of the
company, vi Ino