The Caucasian. (Shreveport, La.) 1900-192?, 1905-02-21
CHARTER
OF THE SMITH-IVEY COMPANY,
LIMITED.

duly appointed, co11fliilssioi'eo "">
sworn, personally came and appeared
A. B. Ivey, resident 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
these presents form and constitute them
selves, as we'll as all others that may
hereafter become associated with them
into a 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 period of ninety
nine years, unless sooner dissolved. Its
domicile 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 of this cor
poration are hereby declared to be to
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 III. =.
This corporation shall have power to
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 ".
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, OF
until their successors are duly qualified
All legal process shall be served on the
president at the domieile of the com
ident and vice president, on the secre-
tary ami treasurer The affairs of the
corporation shall be managed by q
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 thi:
corporation shall be A.. B. Ivey, w. T
Smith and William H. Cox, and sale
board shall hold office until the frs
Monday in January, 1906. The first Of
hcers of this corporation shall be A. B
Ivey, president; w. T. Smith, vice pres
ident, and William H. Cox secretar,
and treasurer.
i The board Of directors shall hav
4 power and authority to select sucl
agents, managers and employees as ma,
be necessary in the conduct of the bust
| ness of this corporation.
ARTICLE v.
| The capital stock of this corporatio
| is hereby fixed at FIVE thousand dollar
| ($5,ooooo) to be divided into fifty go
| shares of the par value of one hundre
dollars ($Ioo.oo) each, to be paid for i
cash, or its equivalent, at the time 9
the issuance of the stock The sal
company shall commence business a
soon as thirty (3o) shares of the sal
stock is subscribed and paid for in full
The stock shall be transferable onl
on the books of the company and by dc
livery of the. certificate of stock and ii
!, cance lIation by the corporation, fo
which new stock shall be issued to til
transferee of such stock. -.
3 ARTICLE VI.
This corporation may be dissolved {
1 this charter amended at any time by
vote of two-thirds Of the stockholdeI
at meeting called for that purpos
after thirty days written notice, MALE
II TO each Of the stockholders at the
e usual postoffice address; provided sal
d notice may be waived and such meetir
+ held before the expiration Of said tin
]. BY the unanimous consent of all II
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