The Caucasian. (Shreveport, La.) 1900-192?, 1901-01-30

Of the Henry Rose Mercantile and
Manufacturing Company,
Limited,

Limited.
State of Louisiana, Parish of Caddo, per-
sonally came and appeared the parties
whose names ARE hereuntO subscribed, all
of full age, who declared that, awaiting
themselves of the provisions of the laws OF
this State, relative to corporations and es-
pecially of Act No. 36 of 1888, of the Cen
eral Assembly of Louisiana, they have COW
enanted and agreed and by these presents
covenant aud agree and bind themselves,
as well as such other persons as may here
after become associated with them, to form
and constitute q corporation and body pol
itic in law, for the purposes and objects,
and under the stipulations, articles and
conditions following, tO-wit;
ARTICLE l.
The name and title of the said cooperation
shall be "THE HENRY ROSE MERCAN-
TILE. AND MANUFACTURERS COM
PANY, LIMITED" and it's domicile is
hereby established in the city of Shreve
port, State Of Louisiana, and under its cor
p0Tate name, said corporation shall have
power AID authority TO contract, sue and
be sued; to make and use a corporate seal,
and the same to break and alter at pleas
ure; to hold, receive, have, purchase, i'm
prove, ALLEVIATE, convey, sell, borrow, pledge,
mortgage and hypothecate, under its said
corporate name, property real, personal and
mixed; 10 name, and appoint such officers
directors, agents and managers, or en-
plOyes, as the interest or convenience of
said corporation may require; 10 make and
establish bylaws, rules and regulations for
the proper management and regulations OF
its affairs, as may be deemed necessary and
proper and the same to change and alter
at pleasure, and to do all other acts and
things permitted by law, or as shall or may
be necessary and proper to carry out the OBJ
lects and purposes of said corporation.
Said corporation, unless sooner dissolved,
in accordance with its charter, shall exist
and continue for the period of twenty-five
(25) years from and after the date hereof.
The president, or in his absence, the vice
president, shall be the proper person upon
whom citation or other legal process shall
be served.
ARTICLE H.
The object and purposes for which this
corporation is organized and the nature of
the business to be carried on, are declared
TO be, to-wit: A General Wholesale and
Mercantile business, in fruits, produce,
seed and fancy groceries, and the manufac.
ture, especially of candies, extracts, syrups,
carbonated and distilled waters and gro
GERS sundres.
ARTICLE III.
The capital stock of said corporation
shall be One Hundred Thousand $500 600,
Dollars, divided INTO and represented by
One Ihousand 900 shares. of the sum of
One Hundred (Sl00) Dollars each which
said stock shall be paid for in cash at
the tlme.Of subscription, or the same may
be issued at not less than part in payment
or exchange for property or rights actually
received or purchased by said corporation
or the same may be issued, full paid. for
money advanced, and for such other valu..
able consideration or services as the BOARD |
OF directors of said corporation NAV deter |
mine; provided, that no stock shall be IS. |
sued until the consideration therefor has
been received by the corporation.
Any stakeholder may SELL assign or
transfer his stock in this corporation pro-
Vlded thirty (30) days prior notice is
of such intention to sell, assign or transfer
the same be given the company and the |
other stockholders thereof shall have the |
nrst privilege of purchasing same, after
which thirty days notice, the said stock may |
be sold in open market. The stock of said |
corporation may be transferred under the |
above conditions, provided such transfer |
thereof be made on the books of said com |
pany, at its office in Shreveport, La, and |
on surrender of the certificate therefor. /
No transfer OF any fractional part of a /
share snail be made. This corporation 1
snail commence doing business as soon as |
all of the capital stock shall have been sub
scribed for.
The board of directors shall have the right |
TO determine how much Gtock Shall be is
sued.
ARTICLE w.
The CORPORATE powers of this company |
shall be vested in and exercised. bya board |
OF seven "a directors, consisting of tina
president (wbo shall be the general man.
ager) vice president and five (5) stoc <bold.
cts. Four OF said board shall constitute
quorum for the transaction of business
ana their decisions shall be valid corporate
acts.
The following persons shall constitute
the 1rst board of directors: Henry Rose. !
President and General Manager; Henry A.
retzer, Vice president; +. G.. Marsden Sec.
rotary and Treasurer and J. H. Gillispie
=. A Motley, L. l.. Barlow and b. r.
Pierce. directors
NO person shall be eligible as director OF
an officer who is not stock holder of this
company. During the absence of the presi-
1ent the vice president shall act and
preside
Said board shall continue in Office until
Inc second tuesday in January, 1902, on
which date and thereafter annually. n
board OF directors shall be elected on the
second tuesday in January of each year,
unless the same should be holiday, when /
Inc election shall be held on the next legal
Jay thereafter. Notice of such election
snail be given by at least ten days continu-
ous publication Immediately preceding |
each election, in one of the daily news,
papers OF this city; and the board of di. !
reetors snail appoint one or more stock. 7
holders to preside at such election as :
commissioners. In the event of the failure
d any commissioner or commissioners 10
attend, the president shall by apDoint |
nent, NIL the vacancy. Any failure from
any cause whatever to elect directors the
lay named for that purpose, shall not dis !
solve the corporation, but the directors 2
hen In office, as well as the officers of said ,
company, shall hold over until their sue.
'essors are chosen. In such event the
president shall cause another election to be
leld within thirty DAYS, and shall give no
ace thereof as herein above provided.
AT every election and meeting each stock.
holder shall be entitled to vote for each 4
hare of stock registered in his name and 4
nay vote by proxy
The election of directors shall be by bal. 4
OF, and the majority in amount of votes 4
asst, each sha.e of stock voted upon to be .
counted for one vote, shall elect the person
" persons for whom they have been cast, 2
After each election the Board of Direc 5
ors shall elect from their own number the Z
'Incers OF said company, including a Sec
etary and Treasurer.
ARTICLE V.
The Board of Directors shall have fulI | 2
power TO fill vacancies in their number 4
'aused by death, resignation or otherwise / |
rom among the stockholders of the cor 3
)oratiOn. wi a
Inc said Board shall have full control Of 3
ne property of this company, and shall so ,
Onuuct, manage and usq the sama aa In / 4