The Caucasian. (Shreveport, La.) 1900-192?, 1905-01-19

porations, they have covenanted ant
agreed, and by these presents covenant
agree and bind themselves, as we'll a!
such other persons as may hereafter be
come associated with them, and they dc
hereby organize themselves into pri
vate corporation for the purposes and
objects and under the stipulations, arti-
cles and conditions in this charter.
ARTICLE I.
The name and title of said corporation
shall be the Keith and Sons Company,
Limited, and under said corporate name
said corporation shall have corporate
existence for a period of ninety mine
(oo) years.
ARTICLE II.
The domicile Of said corporation shall
be at Keithville, il the parish of Caddo,
State of Louisiana.
ARTICLE III.
Ali citations and other legal. process
l'shall be served at the domicile of said
corporation at Keithville, Louisiana, on
The president, and in case of his absence
on the secretary, and in case of the ab-
sence of both, on the treasurer.
ARTICLE w..
The objects and purposes of said cor
poration shall be to conduct and carry
On general mercantile business at
Keithvillc, in the Parish of Caddo, State
of Louisiana, and at such other places
therein as said corporation may after
wards determine; and also to operate
and carry on public ginnery at Keith
vile, in said parish and State, and also
to operate, conduct and carry on gen.
eral planting and farming business in
connection with said mercantile and gin
merry business at Keithville or in the
vicinity thereof, or elsewhere in the
parish of Cajdo, State of Louisiana as
said corporation may afterwards deter
mine
ARTICLE V.
The said corporation shall have power
under its said corporate name to con-
'ract, sue and be sued, to make and use
a common seal and the same to break
md alter at pleasure, to hold. receive, to
have, purchase, improve, ALLEVIATE, con-
vey, sell, borrow, pledge, mortgage and
hypothecate all manner of real and per-
sonal property, lands. machinery, FIX
urcs and appliances, necessary and use
ful for said business, I'd name and ap-
ooint such officers, directors, managers
Ind agents or employees as the interest
or convenience OF said corporation may
require, to make and establish bylaws,
rules and regulations for the proper
management and regulation of its affairs
as may be deemed necessary and proper,
ind the same to alter, change and amend
1t pleasure; and to execute and sign in
he name of said corporation all obliga-
ions, bills and promissory notes, checks
Ind bills of exchange and the same to
endorse and deliver in the usual course
If commercial business, and to do all
,cts and things permitted by law Or as
shall be necessary and proper to carry
out the objects and purposes of said cor
poration.
ARTICLE VI. @
The capital stock of said corporation
,llall be fifty thousand dollars ($5o,ooo)
iivided into and represented by FIVE hum
ired (5oo) shares of stock of one hun
ired ($Ioo) dollars each, and said stock
shall be paid for at the time Of the issu-
ance of the certificates therefor, and. said
stock may be- issued for payment in
money or for property, real and personal,
tights or credits conveyed to said cor
ooration Of value fully equivalent to the
par value of said stock or for other val
lable considerations or services rendered
to said corporation Of value fully
equivalent to the par value OF said stock
as the board of directors may determine.
Any stockholder may sell, assign or
transfer his stock in this corporation
provided ten (Io) days prior notice Of
such intention be given by the corpora
ton to each of the other stockholders
hereof, and each Of such other stock
holders thereof shall have the first privi-
|1ege of purchasing same, after which ter
(Io) days notice the stock may be sole
to other persons. All purchases Of stock
must be made on the books Of said cor
,oration at its Office maintained at its
icn1icile.
This corporation shall commence busi-
ness as soon as thirty thousand dollars
l$3o,ooo)1 } of the capital stock shall be
subscribed and paid for. The board Of
directors may afterwards authorize the
ssuance of additional stock not to ex-
:eed fifty thousand .($5oooo) dollars OF
he total stock of said corporation as
the board Of directors may determine.
md no stock shall be issued Until fully
paid for in money or its equivalent ir
property conveyed OF services rendered
o said corporation.
ARTICLE VII.
The corporate powers Of said corpora
| ton shall be vested in board Of four