The Caucasian. (Shreveport, La.) 1900-192?, 1907-01-17
CHARTER
OF THE DIXIE MERCANTILE co.
LTD. OF DIME, LA.

NuDSCIlDeu, WHO u6CldItu lHdl dNdilihS
themselves of the provisions of Act No.
20 of the General Assembly of the State
Of Louisiana, approved June go, 1888,
and Act No. 7S of 1904, as well as those
of the general laws of the State OF
Louisiana relative to the organization of
corporations, they have formed and do
by these presents form and organize
themselves into a corporation for the OBJ
jects and purposes and under the stipu
iations hereinafter set forth, which they
do hereby accept as their charter, to-
wit
ARTICLE I.
The name and title of this corporation
shall be the DIXIE MERCANTILE
COMPANY, LIMITED, of Dixie, La
BY that name it shall have power and
authority to have and enjoy succession
for the term of twenty (25) years
from and after the date hereof; to con-
tract, sue and be sued; to make and use
corporate seal and same to change at
pleasure; to hold, receive, lease and pur-
chase, ALLEVIATE and convey, as we'll as
mortgage and hypothecate property, real
and personal and mixed; to name and
appoint such managers, directors, officers
and agents as the interest of such cor
poration may require, and to make and
establish such bylaws, rules and regula-
tons 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 domicile of this corporation shall
be at Dixie, Caddo Parish, State of
Louisiana and all citations and legal
processes shall be served on the presi-
dent of the corporation, or in his alb
sence at the Office of the corporation &C
cording to Article 1913, Code of Practice
of Louisiana
ARTICLE III.
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 1t the sum of twenty
thousand ($2o,ooooo) dollars to be di-
vided into two hundred (2oo) shares of
one hundred ($Ioo.oo) dollars per share,
and the corporation may begin business
when three thousand ($3ooooo) dollars
of the stock is subscribed The stock
shall be paid for in cash or its equivalent
when subscribed for, or the same may
be issued at not less than par in pay
ment for the property purchased by the
ARTICLE V.
All the corporate powers of this cor
poratlon shall be vested in board of
directors, to be composed of three CD
which board shall be elect
ed annually on the second Monday in
January, beginning in the year 1908 The
first board of directors is declared to be |
{. w. Lane, president: w A. Martin, |
vice president; and w. V. Tullos, secre-
tary and treasurer This said board is to |
serve until the second Monday in Janu- |
airy 1908 aforesaid, or until their success
sors are duly elected thereafter and such
new board shall elect its president and |
secretary and treasurer The directors |
shall be elected by the stockholders );
each share of stock to be entitled to one |
vote to be cast by its owner in person
Or by proxy, and a majority of votes |
shall elect. Three Cd directors shall |
constitute quorum. The president may
appoint from time to time, and dismiss, |
such clerks, agents and other employees |
is may be deemed necessary for the pur-
POSES and business of this corporation. |
The board of directors may make all |
such rules and regulations for the man
lgement of the business as they may
1eem necessary shall have power to col
ect debts, borrow money, issue bills of |
exchange notes, execute mortgages and
to do all things incident to the !!
objects and purposes of the corporation.
ARTICLE VI.
This charter may be modified, changed
Or amended and said corporation dis
solved with the consent of three fourths
n amount of the capital stock repre-
'ented at any general meeting of stock
holders convened for the purpose after
i've days previous notice of said meet
ng shall have been published in one of
he daily newspapers of the City OF
meetings of stockholders
or other purposes than change of the
,harter Or dissolution shall be called by
lotice in. Shreveport paper as afore-
and Whenever this corporation is dis
olyed by limitation or otherwise, its af-l
airs shall be liquidated by two commits
ioners elected by the stockholders, who
hall have full power to wind I'D its at
airs, settle its liabilities and distribute
he proceeds among creditors and stock