The Caucasian. (Shreveport, La.) 1900-192?, 1907-01-20
CHARTER
OF THE DIME MERCANTILE CO.
LTD, OF DIME, LA.
II
JCC. Is.

IL H., OF DlAIE., LA.
Be it known that this day before me,
David T. Land, Notary Public in aud
fer the Parish of Caddo and State of
Louisiana, duly commissioned and quail
fed, came, in the presence of the wit
nesses hereinafter undersigned, the sew
erai persons whose names are hereuntO
subscribed. who declared that availing
themselves of the provisions of Act No.
80 of the General Assembly of the State
of Louisiana, approved June 20, 1888,
and Act No Is 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 corporation for the OBJ
Jects and purposes and under the stipu-
latlons hereinafter set FORTH which they
do hereby accept as. their charter, to-
wit
0 ARTICLE l.
The name and title of this corporation
shall be the DIME, 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-five (25) years
from and after the date hereof: to con-
al no
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 abb
sence at the office of the corporation ac-
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 a 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 ($2o,ooo.oo) dollars to be di-
vided into two hundred (2oo) shares of
one hundred ($Ioooo) dollars per share,
and the corporation may begin business
when three thousand ($3ooo.oo) 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
corporation
ARTICLE "
All the corporate powers of this cor
poratlon shall be vested in a board of
directors. to be composed of three CD
stockholders, 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
c. 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 majority of votes
shall elect Three CD directors shall
constitute a quorum. The president may
appoint from time to time, and dismiss,
such clerks, agents and other employees
as may be deemed necessary for the pur-