The Caucasian. (Shreveport, La.) 1900-192?, 1905-01-24
CHARTER
OF THE SMITH-IVEY COMPANY
LIMITED.

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
10 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 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 Smth-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
poratiop are hereby declared to be to
conduct and carry on a general mer-
camille business and to that end to buy
and sell merchandise of all kinds, and
III 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 a 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-
tabish s1ch bylaws for the proper man.
agenent Of the affairs of the corporation
IS may be necessary and proper.
ARTICLE ".
The officers of this corporation shall
De president, vice president, secretary
md treasurer. They shall hold their
offices for the period of one year, from
he first Monday in January, zoos, or |
Until their successors are duly qualified. |
All legal process shall be served on the
PRESIDENT at the donncile of the COM
amy OF in his absence on the vice presi- I
lent, or in the absence of both the pres
dent and vice president, on the secre-
airy and treasurer. The affairs of the
orpofation shall be managed by a
'oard of directors consisting of three
tockholders who shall be elected byI
he stockholders annually at a stock
olders meeting to be held at the Somi-
lie OF the company OH the first Monday
January of each year, and who shall
ontinue in office for one year, or until
ther officers are duly elected and in
tailed. i
The first board of directors of this |
orporation shall be A. B. Ivey, w. T.
NTH and William H. Cox, and said
oard shall hold office until the first
londay in January, 1906 The first Of
GERS of this corporation shall be A. B.
'ey, president: w. r. Smith, vice pres
lent, and William H. Cox secretary
i'd treasurer.
he board of directors shall have /.
over and authority to select such
rents, managers and employees as n,ayl
necessary in the conduct of the bust !.
SIS of this corporation. =
-. ARTICLE v.
! ne capital stock OF this corporation !
hereby fixed at FIVE thousand dollars !
'5ooo.oo) to be divided into fifty (so1
ares OF the par value of one hundred
'ilars e$Ioooo) each, to be paid for in
sh, or its equivalent, at the time ofl
issuance of the stock. The said !.
mpany shall commence business as :,
on as thirty (3o) shares OF the said :,
'ck is subscribed and paid for in full.
Y ne stock shall be transferable onlyI
the books of the company and by de- !,
cry OF the certificate of stock and It's :
neellation by the corporation, forl
itch new stock shall be issued to the
nsferee of such stock.
ARTICLE VI.
his corporation may be dissolved or =
charter amended at any time by = 8
e OF two-thirds of the stockholders .
meeting called for that purpose :
er thirty days written notice, mailed =
each of the stockholders at their = e
ial postoffice address; provided said =
ice may be waived and such meeting =,
d before the expiration Of said time p
the unanimous consent Of ali the 70
ckholders.
Whenever this corporation is dis tn
sed, by limitation or otherwise. its vi
lirs shall be liquidated by two liaui- in
ors appointed by the stockholders for / Il
purpose, who shall give such bond cit
security as may be required OF them an
perform such duties and have sucht