The Caucasian., 1905-02-16
CHARTER
|OF THE SMITH-1VEH COMPANY
LIMITED.

| l1C III AID IOT tIlS Sdlu pdllSu dlO oeote'
duly appointed, commissioned and
sworn, personally came and appeared
A. B. Ivey, a reaident Of Bossier Parish,
Louisiana; w. T. Smith and William
H. Cox, both residents of Caddo Parish.
Louisiana, who each stated and declared
to me that, availing themselves Of the
| laws of the State of Louisiana relative
to the formation of corporations. they
have formed and constituted, and DO by
selves, as we'll as all others that may
hereafter become associated with them,
| into corporation and body corporate,
under the terms and conditions, and
; under the name, and for the purposes
hereinafter stated
ARTICLE I.
The name of this corporation shall be
The Smith-Ivey Company, Limited, and
under its said name it shall have and
enjoy succession for a period of ninety
nine years, unless sooner dissolved. Its
donicile shall be at Pickett Station, on
the Texas & Pacific railroad, in the par
ish of Caddo, State of louisiana
ARTICLE II.
The objects and purposes of1,is cor
poration are hereby declared to be 20
conduct and carry on general mer-
camille business, and to that end to buy
and sell merchandise of all kinds, and
in general to do and perform all things
that are necessary to carry on general
mercantile business.
ARTICLE lII.
This corporation shall have power 20
buy, hold and own real and personal
property, to sell, mortgage or hypothe-
cate both real AMI personal property. to
contract, sue and be sued in its corpor-
ate name, to make and use corporate
seal and the same to change at pleasure,
name and appoint such agents, officers
and managers and other employees as its
interest may require, and the same to
discharge at pleasure, to make and es-
tablish such bylaws for the proper man.
agement of the affairs of the corporation
as may be necessary and proper.
ARTICLE w.
The officers of this corporation shall
be president, vice president, secretary
and treasurer. They shall hold their
offices for the period of one year, from
the 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
ident and vice president, on the secre-
tary ami treasurer The affairs of the
corporation shall be managed by a
board of directors consisting of three
pany, Or in his absence on the vice presi-
dent, Or in the absence of both the pres
stockholders who shall be elected by
the stockholders annually at stock
holders meeting to be held at the domi-
cile of the company on the first Monday
in 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
board shall hold office until the first
Monday in January, 1906. The first Of
flcers of this corporation shall be A. B.
Ivey, president; w. T. Smith, vice pres
ident, and William H. Cox secretary
and treasurer.
The board of directors shall have
power and authority to select such
agents, managers and employees as may
be 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
($5,ooo.oo) to be divided into fifty (so) |
shares of the par value of one hundred |
dollars (SIoooo) each, to be paid for in
cash, Or its equivalent, at the time Of
the issuance of the stock. The. said /
company shall commence business as
soon as thirty {3o) shares of the said
stock is subscribed and paid for in full.
The stock shall be transferable only
ON the books of the company and BY de-