The Caucasian. (Shreveport, La.) 1900-192?, 1907-04-21
CHARTER
OF THE FARMERS UNION WARE
HOUSE COMPANY.
=. A. LEONARD,
Clerk.
March "a.


State OF Louisiana, Parish OF Caddo:
Be it remembered, that on this day be-
fore me, c. Z. Dunson, Notary Pub
lie in and for the Parish and State, duly
commissioned and sworn, personally
came and appeared the persons whose
names are hereto affixed, all residents of
the said Parish and State, who stated
and declared to me, notary that avail
ing themselves of the Constitution and
laws of the State Of Louisiana, they have
formed and constituted themselves, as
we'll as such others as may hereafter be
come associated with them, into a cor
poration and have adopted as their char
ter and act OF incorporation the follow
ing, to-wit
ARTICLE |.
The name and title of this corporation
shall be THE FARMERS UNION
WAREHOUSE COMPANY" with its
domicile in the town of Vivian, in the
Parish of Caddo, and shall have and en-
JOY succession for period of twenty five
years, unless sooner dissolved as herein
after provided
ARTICLE II.
The purposes for which this corpora
ton is established and the nature of the
business to be carried on by it are de-
clared to be to weigh and store cotton
and other produce, as vegetables, fruits,
goods, wares and merchandise, and gem
orally to hold and exercise all such Incl
dental powers. The affairs of this cor
poration shall be managed and controllei
by board of directors consisting of five
60 stockholders, who shall be elected by
the stockholders at a meeting held for
gust of each year, and said board of di-
rectors shall hold their office until their
successors are duly elected and installed
The first board OF directors shall be S.
B. Burney, chairman; P NJ. Williams,
secretary; w. P. Pearson, O. NJ. Lewis
and w. A. Daniels; and the officers of
the company for the first year shall be
R. f. L. Huckabay, president; O. G.
Garner, vice president; ]. D. Lewis, sec
retary-treasurer. All legal process shall
be served on the president, or in his alb
sence on the vice president, or in the
absence of both ON the secretary-treas- !
urer
The capital stock Of this corporation
is hereby fixed at the sum of three thous-
and dollars, divided into 600 shares of |
five dollars each, and shall commence
business when 100000 of the capital
stock is subscribed for; all stock sub
scribed for shall be paid in cash, OF labor
performed for the corporation before the |
issuing of the stock.
ARTICLE ".
In all meetings of the stockholders |
each stakeholder shall be entitled to one
vote for all the stock owned by him.
either in person or by proxy, and at all
meetings OF the stockholders the 2rcsi-
dent, or in his absence, the vice prcsi-
dent, shall preside, provided that in the
absence Of both, the stockholders shall |
elect one of their number to act as chair
man OF the meeting. All vacancies &C
curing III any office by death, resigna-
ton or otherwise shall be filled by cleo
ton at the vote OF the stockholders for
the uneXpired term.
ARTICLE V.
This charter may be amended or abol-
lshed by vote of two-thirds of the
stockholders at a meeting called for the
purpose, or the capital stock herein may
be increased or decreased in the manner
provided by law. Whenever this corporal
ton is dissolved, either by vote of the
stockholders. or by limitation, or other
wise, its affairs shall be liquidated by
two commissioners appointed foro the
purpose, who shall give such bond and
security and perform such duties as the
stockholders may prescribe at the stock
holders meeting called for that purpose.
ARTICLE VI.
No stakeholder of this corporation
shall ever be held liable for the contracts
or faults of such corporation in any fur
Their sum than the unpaid balance due to
the company on the shares of its stock
owned by him. Nor shall any mere in
formality IN organization have the eff