The Caucasian. (Shreveport, La.) 1900-192?, 1907-04-18
CHARTER
OF THE FARMERS UNION WARE
HOUSE COMPANY.

State Of louisiana, Parish Of Caddo
Be q remembered shat on shis day be
fore one, C. e. Dunson, a Notary Pub
Tic IN ana tor she Parish and State. duly
commissioned and swosn. personally
came and appeared the persons whost
names are hereto affixed, all sesidents Of
the said Parish ana State, who stated
and declared 90 ME. notary. that asaif.
ing themselves Of the Constitution and
flaws OF the State d louisiana, they nave
fosmed and constituted themselves, as
well ss such others as may hereafter be
come associated wish Them, into Q cor
poration ana hase adopted as sheiv char
ter and ace Of Incorporation che follow
ling, so-vit:
ARTICLE ].
The name ana title Of shis corporation
shall ts sTHE FARMERS UNION
WAREHOUSE COMPANY" with is
domciie in che sowa Of Vivian. in Che
Parish Of Caddo, and shall have and Ell
joy succession for period Of twenty ave
years. unless soones dissolved ss herein
laftes provided
ARTICLE II.
The e,Rposes for which this corpora
| ton 3 established and the nature al the
business 20 be carried on by it are de-
clared to be % weigh and store cotton
and other produce, as vegetables, fruits,
goods, wares and merchandise, and gen.
orally to hold and exercise all such Incl
dental powers The affairs of this cor
poration shall be managed and controlle /
by board of directors consisting of FIVE
60 stockholders, who shall be elected by
the stockholders at a meeting held for
that purpose on the third Monday in Au-
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,
oSSiStaiS w. L. Sdi oOI, ~. M 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; J. D. Lewis, sec
retary-treasurer. All legal process shall
be served on the president, or in his abb
sence on the vice president, or in the
Il A.
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
,cribed for shall be paid in cash, or 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 presi
dent, or in his absence, the vice presi
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 oc
curing in 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 abolo
shed by a vote of two-thirds of the
stockholders at meeting called for the
purpose, or the capital stock herein may
be increased or decreased in the manner
provided by law Whenever this corpora
ton is dissolved, either by vote of the
stockholders, or by limitation, or other
wise, its affairs shall be liquidated by
two commissioners appointed for thu
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 i'll organization have the eff
feet of rendering this charter null or OF
exposing a stakeholder to any liability
beyond the balance due on his stock.
In testimony whereof the said parties
have hereunto fixed their names in the
presence OF competent witnesses on thi.
the end day Of February 1907.
R. F. L. HUCKABAY,
o. G.. GARNER.