The Caucasian. (Shreveport, La.) 1900-192?, 1907-01-27
CHARTER
OF THE PINE ISLAND MERCAN-
TILE COMPANY. LIMITED.


7. l. Land. Notary Public in and for
the Parish OF Caddo and State Of Louis
lana, duly commissioned and qualified,
came, in the presence Of the witnesses
hereinafter undersigned, The several per
SOY whose names are hereunto sub
,cribed, who declared thai ayailing them
selves q the provisions IT Act No 80 ui
the General Assembly II the State Of
Louisiana, approved June %, 1888, and
Act No. g of 1904. a, well As those OF
the general law, Of the State Of Louis
lama relative to the organization OF cor
poratjon>, they have formed and do by
the presents form and organize them
selyc, into q corporation for the objects
and purposes and under the Stipulations
hereinafter set forth. which they do |
hereby accept as their charter, to-wit:
ARTICLE |.
The name and title Of this corpora
ton shall be PINE ISLAND MER-
CAMILLE COMPANY. LIMITED"
of Shreveport, louisiana By that name
II shall have power and authority to
have and enjoy succession for the term
OF twenty five (25) years from and after
the date hereof. 10 contract sue and be |
sued: to make and use a corporate seal I
and the same to change at pleasure: to
hold, receive, lease and purchase, alien
ate and convey. aS we'll as mortgage and
hypotlecate property, real and personal
and mixed; to name and appoint such
managers, directors, officers and agents
as the interest OF such corporation may
require, and to make and establish such
bylaws rules and regulations for the
proper management OF the affairs of said
corporation as may be necessary and
proper and the same to alter at pleasure
ARTICLE II.
The domiciie OF this corporation shall
be i'll the City OF Shreveport Caddo Par
lsh, State OF Louisiana. and all citations
and legal processes shall be served on
the president OF the corporation. or in
his absence, at the Office OF the corpora
ton, according to Article 1913, Code OF
Practice of Louisiana.
ARTICLE Ill
The purposes for which this corpora
ton is organized and the nature of the
business to be carried on by it, are de-
clared to be general mercantile bust ;
ness and all business incident thereto
ARTICLE ". +
The capital stock of this corporation !;
IS hereby fixed at the sum of ten thous-
and (SIo.ooo.oo) dollars. to be divided
INTO one hundred (Ioo) shares of one +
hundred (SIoo.oo) dollars per share, and 7
he corporation may begin business d
when three thousand (S3.ooooo) dollars t
1f the stock IS subscribed. The stock / n
hall be paid for in cash. or its eq,1iva- {
ent, when subscribed for. or the same II
nay be issued at not less than par in 5
payment for the property purchased by
he corporation.
ARTICLE Y. ii
All the corporate powers OF this cor +
'oratiOn shall be vested in board OF b
directors. to be composed OF three stock l.
folders, which said board shall be elect a.
d annually, commencing on the third a
Monday III January 1907 and to serve e.
Until the third Monday i'll January 1908. Ii
he first board of directors is declared p
. be Louis Hellperir, president; G. G. S
Iesbltt, vice president. and Ike Muslow ST
ecretary and treasurer. This said board tr
) to serve until the third Monday in *
anuary 1908, as aforesaid, Or until their
uccessors are duly elected thereafter,
nd such new board shall elect its pres I'll
lent and secretary and treasurer The dt
lrectors shall be elected by the stock id
olders; each share OF stock to be en- sc
tied to one vote to be cast by its owner tn
person or by proxy. and a majority
votes shall elect. Three 60 directors
nall constitute a quorum The president is
lay appoint from time to time, and dis dr
lfSs, such clerks, agents and other en- tn
Ioyes as may be deemed necessary for ca
lie purposes and business of this cor w
grafton. The board of directors may sc
ake all such rules and regulations for is:
lie management of the business as they ic,
lay deem necessary; shall have power st,
} collect debts, borrow money, issue as
lis of exchange. notes. execute mort tn
ages and generally to do all things in ca
dent to the objects and purposes of or
lie corporation. or
ARTICLE VI. sa
his charter may be modified. changed alb
amended, and said corporation may su
: dissolved with the consent of three of
'urthS in amount of the capital stock
presented at any general meeting of
convened for the purpose be
ter five days previous notice of said sis
Getting shall have been published in one by
the daily newspapers of the City of 70
hreveport, meetings of stockholders for F.
her purposes than change of the char of
r Or dissolution shall be called by no sh
&c IN Shreveport paper as aforesaid sh
'henever this corporation is dissolved mi