The Caucasian. (Shreveport, La.) 1900-192?, 1907-02-14
CHARTER
OF THE PONDER S. CARTER COL.
LECTION AGENCY, LIMITED.

State of Louisiana, Parish Of Caddo
Be it known and remembered, that on
the Ist day of February A. d. 1907, be-
fore me, LEVEL c. Butler, notary pub
lie i'll and for said parish and State,
duly 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
avaiing themselves of the Constitution
and laws of the State Of Louisiana now
existing relative to the organization OF
corporations, they do covenant and
agree, and have covenanted and agreed,
and bound themselves, as we'll as such
other persons as may hereafter become
associated with them or their success
sors, to form and constitute body
polite in law and corporation, for the
purposes and under the stipulations
hereinafter set forth
ARTICLE |.
he name of this corporation shall be
THE PONDER S. CARTER COL
LECTION AGENCY, Limited and
by such name it 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
use a corporate seal; to mortgage. hy
pothecate, 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
hcers, 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
ish, 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
this corporation is organized, and the
nature of the business to be carried on
by it, are declared to be: to conduct
general collection business, to solicit and
mercial reporting business anywhere in
the United States; to establish and
branch Offices anywhere in the
United States, and to do and perform
alb things incident to such collection and
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
shall begin business when
all of said shares of stock are subscribed
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 in the books of
this corporation, and shall be preceded
BY ten (Io) days written notice to the
secretary and treasurer hereof, and any
shall have the privilege of
buying same at its cash value
ARTICLE V.
The business of this corporation shall
De managed by board of directors,
hree Cd in number The first board of |
directors shall be composed of Ponder
5. Carter, w. w. Campbell and W. B.
otille. The first officers of said corpora
ion shall be Ponder S. Carter, presi-
lent; w. w. Campbell, vice president
Dora H. Carter, secretary and treas
irer. Said officers and directors shall !
lold their Office for the term of one
fear from date hereof, but no vacancy |
hall operate the forfeiture of this char
er, or affect any. of the corporate rights,
Until their successors are elected and
qualified at the end of each term, or as
Don thereafter as elections may be held
\ majority of stock shall decide all cleo
ions for directors or officers, and each |
hare of stock shall represent one vote.
Ill elections shall be under the super
'ision of two CD commissioners select
d by the board of directors of this cor
'oration, after ten (Io) days publica
ion in newspaper in Shreveport, La
md said board of directors shall choose
aid officers from among their, number
Two (2) directors shall constitute a
Quorum for transaction of business
aid board of directors shall fix the sal
ries of the officers, agents and en-
loyes.
ARTICLE VI.
This act of incorporation may be al
cred Or amended, or the capital stock
,creas ej or decreased ar thic coroora- |