The Caucasian. (Shreveport, La.) 1900-192?, 1905-01-26
CHARTER
OF THE SMITH-IVEY COMPANY
LIMITED.

State of Louisiana, Parish of Caddo
Before ME, J. A. Thigpen, notary pub
tic in and for the said parish and State
duly appointed, commissioned an
sworn, personally came and appeare
A. B. Iyey, resident of Bossier Parish
Louisiana w. T. Smith and William
II. Cox, both residents of Caddo Parish
Louisiana, who each stated and declare
10 me that, availing themselves of tn
laws Of the State of Louisiana relativ
| 10 the formation of corporations, the,
have formed and constituted, and DO b.
! these presents form and constitute them
selves, as we'll as all others that ma,
hereafter become associated with them
into a corporation and body corporate
under the terms and conditions, ant
under the name, and for the purpose:
hereinafter stated.
ARTICLE l.
The name of this corporation shall b<
The Smith-Ivey Company, Limited, ane
Under its said name it shall have ant
enjoy succession for a period of ninety.
nine years, unless sooner dissolved. 1t:
domioile shall be at Pickett Station, or
the Texas & Pacific railroad, in the par.
lsh of Caddo, State of Louisiana.
ARTICLE II.
The. objects and purposes of this cor.
poration are hereby declared to be tc
conduct and carry on a general mer-
camille business, and to that end to buy
md sell merchandise of all kinds, AMI
in general to do and perform all things
chat are necessary to carry on general
mercantile business.
7 ARTICLE III.
This corporation shall have power to
buy, hold and own real and personal
property, to sell, mortgage or hypothe-
cate both real ana personal property, tc
contract, sue and be sued in its. corper-
ste name, to make and use a; corporate
seal and the same to change at pleasure.
lame and appoint such agents, officers
ind managers and other employees as its
interest may require, and the same to
discharge at pleasure, to make and es-
sablish such bylaws for the proper man
agennent Of the affairs of the corporation
IS may be necessary ana proper.
ARTICLE ~. $780,.
The officers Of this corporation shal:
be. president, vice president, secretary
md treasurer. They shall hold their
offices for the period of one year, from
he first Monday in January, 1905, or
Until their. successors are duly qualified.
All legal process shall be served on the
president at the domicile of the COM
oany, or in his absence on the vice presi-
dent, or in the absence of both the pres
ident and vice president, On. the secre-
sary and treasurer. The affairs of the
corporation shall be managed by a
board Of directors consisting Of three
stockholders who shall be elected by
he stockholders annually at stock
holders meeting to be held at the ioni-
:ile OF the company on the first Monday
n January of each year, and who shall
continue in office for one year, or until
other officers are duly elected and in
stalled.
The first board of directors of this
corporation shall be A. B. Ivey, w. T.
Smith and William H. Cox, and said
9oard shall hold office until the first
Monday in January, 1906. The first of
icers Of this corporation shall be A. B.
.vey, president; w. T. Smith, vice pres
dent, and William H. Cox secretar,
and treasurer.
The board Of directors shall have
power and authority to select such
.gents, managers and employees as may
De necessary in the conduct of the busi-
ness of this corporation.
ARTICLE v.
The capital stock of this corporation
IS hereby fixed at FIVE thousand dollars
tS5,ooo.oo) to be divided into fifty (5o)
shares OF the par value of one hundred
dollars ($Ioo.oo) each, to be paid for ir
cash, or its equivalent, at the time Of
he issuance Of the stock. The said
company shall commence business as
soon as thirty l5o) shares Of the saiG
stock IS subscribed and paid for in full
The stock shall be transferable orll,
On the books Of the company and BY de.
ivery Of the certificate of stock and its
sancellation by the corporation, for
which new stock shall be issued to the
,ransferee Of such stock.
ARTICLE VI.
his corporation may be dissolved or
his charter amended at any time by al
vote Of two-thirds Of the stockholders
It meeting called for that purpose
Utter thirty days written notice, mailed
70 each Of the stockholders at their
lsual postoffice address: provided said
1otice may be waived and such meeting
held before the expiration of said time