The Caucasian. (Shreveport, La.) 1900-192?, 1907-02-21
CHARTER
OF THE PONDER S. CARTER COL
LECTION AGENCY, LIMITED.

Be it known and remembered, that on
The Ist day of February A. d. 1907, be-
fore me, LEVEL c. Butler, notary pub
lie in and for said parish and State,
July qualified, commissioned and sworn,
came and appeared the several parties
whose names are hereinafter subscribed,
and i'll the presence of the competent at
testing witnesses, who declared that
avaling themselves of the Constitution
md laws of the State of Louisiana now
existing. relative to the organization of
corporations, they do covenant and
igree, and have covenanted and agreed,
other persons as may hereafter become
associated with them or their success
,orS, to form and constitute a body
,olitic i'll law and corporation, for the
purposes and under the StlpulationS
hereinafter set forth.
ARTICLE l.
The name OF this corporation snail be
THE PONDER S. CARTER COL
LECTION AGENCY, Limited and
by such name il shall continue to exist
and enjoy succession for a period OF
twenty-five years from date hereof said
corporation shall have the power to sue
and be sued, to contract; to make and
ise corporate seal; to mortgage, by
)othecate, pledge property, real, per
sonal and mixed, and to purchase or
sell such property as may be necessary
to carry out the purposes of this cor
poration; to name and appoint such of
icers, agents or employees as its interest
may require; to make such bylaws,
rules and regulations as may be deemed
proper, not inconsistent herewith, and to
change or alter same at pleasure.
ARTICLE ii.
The domicile of this corporation shall
be the City of Shreveport, Caddo Par
ssh, La, and all service of citation or
other legal process shall be made on the
president, or in his absence the vice
president
ARTICLE III.
The objects and purposes for which
his corporation is organized, and the
nature of the business to be carried on
~ it, are declared to be: to conduct a
general collection business, to solicit and
collect accounts; to do a general COM
mercial reporting business anywhere in
he United States; to establish and
maintain branch offices anywhere in the
United States, and to do and perform
Ill things incident to such collection and
reporting business.
ARTICLE ".
The capital stock of this corporation
shall be five thousand dollars ($5ooooo)
divided into fifty shares of stock at one
hundred dollars ($Ioooo) each; said
corporation shall begin business when
and paid for. Any stakeholder shall
have the right to dispose of his stock,
but same shall not be binding on said
company until entered i'll the books OF
this corporation, and shall be preceded
by ten (Io) days written notice to the
secretary and treasurer hereof, and any
shareholder shall have the privilege OF
buying same at its cash value
ARTICLE V.
The business OF this corporation shall
be managed by board of directors,
three CD in number. The first board of
directors shall be composed of Ponder
). Carter, w. w. Campbell and w. B.
Stille. The first officers of said corpora
ton shall be Ponder S. Carter, presi
dent; W. W. Campbell, vice president;
Dora H. Carter, secretary and treas
urer Said officers and directors shall
hold their Office for the term of one
year from date hereof, but no vacancy
shall operate the forfeiture of this char
ter, or affect any of the corporate rights,
but the officers shall continue in Office
until their successors are elected and
qualified at the end of each term, or as
soon thereafter as elections may be held.
A majority of stock shall decide all cleo
tons for directors or officers, and each
share of stock shall represent one vote.
All elections shall be under the super
vision of two (2) commissioners select
ed by the board of directors of this cor
poratiof, after ten (1o) days publica-
ton in a newspaper in Shreveport, La,
and said board of directors shall choose
said officers from among their number.
Two (2) directors shall constitute a
quorum for transaction of business;
said board of directors shall fix the sal
aries of the officers, agents and en-
ployes.
ARTICLE VI.
This act of incorporation may be al
tered or amended, or the capital stock
increased or decreased, or this corpora
ton may be dissolved, by the consent of
rce-fourths of the capital stock, at any
meeting convoked for that purpose, ac-
cording to law, after thirty days notice
in Shreveport newspaper, and when